Rehabilitation Advance Recovery. The Servicer's advances for reasonable rehabilitation expenses shall be recoverable from Insurance Proceeds, Liquidation Proceeds, or, if the Representing Party is obligated to purchase a Mortgage Loan from the Trustee, from the price paid for such Mortgage Loan.
Appears in 76 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-12 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-13 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar4 Trust)
Rehabilitation Advance Recovery. The Servicer's ’s advances for reasonable rehabilitation expenses shall be recoverable from Insurance Proceeds, Liquidation Proceeds, or, if the Representing Party is obligated to purchase a Mortgage Loan from the Trustee, from the price paid for such Mortgage Loan.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
