Purchase Price Protection. 38 ARTICLE IV ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS...............................39 Section 4.01. The Seller to Act as Servicer.............................................39 Section 4.02. Collection of Mortgage Loan Payments......................................40 Section 4.03. Realization Upon Defaulted Mortgage Loans.................................41 Section 4.04. Establishment of Custodial Accounts; Deposits in Custodial Accounts.......42 Section 4.05. Permitted Withdrawals From the Custodial Account..........................43 Section 4.06. Establishment of Escrow Accounts; Deposits in Accounts....................44 Section 4.07. Permitted Withdrawals From the Escrow Account.............................45
Appears in 3 contracts
Samples: Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-3ar), Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar), Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-2)
Purchase Price Protection. 38 ARTICLE IV ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS...............................LOANS ............. 39 Section 4.01. The Seller to Act as Servicer.............................................Servicer ....................... 39 Section 4.02. Collection of Mortgage Loan Payments......................................Payments ................ 40 Section 4.03. Realization Upon Defaulted Mortgage Loans.................................Loans ........... 41 Section 4.04. Establishment of Custodial Accounts; Deposits in Custodial Accounts....................... 42 Section 4.05. Permitted Withdrawals From the Custodial Account...................................... 43 Section 4.06. Establishment of Escrow Accounts; Deposits in Accounts....................Accounts ................................ 44 Section 4.07. Permitted Withdrawals From the Escrow Account.............................45Account ............................................. 45 Section 4.08. Payment of Taxes, Insurance and Charges; Maintenance of Primary Mortgage Insurance; Collections Thereunder ................... 46
Appears in 1 contract
Samples: Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-7)
Purchase Price Protection. 38 ARTICLE IV ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS..............................................39 Section 4.01. The Seller to Act as Servicer..........................................................................39 Section 4.02. Collection of Mortgage Loan Payments............................................................40 Section 4.03. Realization Upon Defaulted Mortgage Loans..................................................41 Section 4.04. Establishment of Custodial Accounts; Deposits in Custodial Accounts...............................................42 Section 4.05. Permitted Withdrawals From the Custodial Account....................................43 Section 4.06. Establishment of Escrow Accounts; Deposits in Accounts......................................................................44 Section 4.07. Permitted Withdrawals From the Escrow Account.............................45.............45 Section 4.08. Payment of Taxes, Insurance and Charges; Maintenance of Primary Mortgage Insurance; Collections Thereunder.....46
Appears in 1 contract
Samples: Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)
Purchase Price Protection. 38 37 ARTICLE IV ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS...............................39 ....................................................38 Section 4.01. The Seller to Act as Servicer.............................................39 ..............................................................38 Section 4.02. Collection of Mortgage Loan Payments......................................40 .......................................................39 Section 4.03. Realization Upon Defaulted Mortgage Loans.................................41 ..................................................40 Section 4.04. Establishment of Custodial Accounts; Deposits in Custodial Accounts.......42 ........................41 Section 4.05. Permitted Withdrawals From from the Custodial Account..........................43 ...........................................42 Section 4.06. Establishment of Escrow Accounts; Deposits in Accounts....................44 .....................................43 Section 4.07. Permitted Withdrawals From from the Escrow Account.............................45..............................................44 USActive 7452067.1
Appears in 1 contract
Samples: Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-3xs)
Purchase Price Protection. 38 37 ARTICLE IV ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS...............................39 ....................................................38 Section 4.01. The Seller to Act as Servicer.............................................39 ..............................................................38 Section 4.02. Collection of Mortgage Loan Payments......................................40 .......................................................39 Section 4.03. Realization Upon Defaulted Mortgage Loans.................................41 ..................................................40 Section 4.04. Establishment of Custodial Accounts; Deposits in Custodial Accounts.......42 ........................41 Section 4.05. Permitted Withdrawals From from the Custodial Account..........................43 ...........................................42 Section 4.06. Establishment of Escrow Accounts; Deposits in Accounts....................44 .....................................43 Section 4.07. Permitted Withdrawals From from the Escrow Account.............................45..............................................44
Appears in 1 contract
Samples: Seller's Purchase, Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs)