Common use of REMIC Compliance Clause in Contracts

REMIC Compliance. 52 Section 4.18 Management of REO Property...................................................... 56 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 Section 4.20 Annual Statement as to Compliance............................................... 58 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 Section 5.01 Monthly Advances by the Servicer................................................ 59 Section 5.02 Payments........................................................................ 60 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 Section 5.04 Monthly Reports................................................................. 65 Section 5.05 Certificate of Servicing Officer................................................ 69 Section 5.06 Other Data...................................................................... 69 Section 5.07 Statements to Certificateholders................................................ 69 Section 5.08 LOCs; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72

REMIC Compliance. 52 46 Section 4.18 Management of REO Property...................................................... 56 .......................................... 51 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 ................... 53 Section 4.20 Annual Statement as to Compliance............................................... 58 ................................... 53 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ............. 53 Section 4.22 Retitling of Land Home Contracts.................................... 54 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ............................... 54 Section 5.01 Monthly Advances by the Servicer................................................ 59 .................................... 54 Section 5.02 Payments........................................................................ 60 ............................................................ 55 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 Accounts................. 57 Section 5.04 Monthly Reports................................................................. 65 ..................................................... 58 Section 5.05 Certificate of Servicing Officer................................................ 69 .................................... 60 Section 5.06 Other Data...................................................................... 69 .......................................................... 60 Section 5.07 Statements to Certificateholders................................................ 69 .................................... 60 Section 5.08 LOCsCertificate Insurance Policy; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72Enhancement Payments.................. 62

REMIC Compliance. 52 49 Section 4.18 Management of REO Property...................................................... 56 ..................................................................... 53 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 .............................................. 55 Section 4.20 Annual Statement as to Compliance............................................... 58 .............................................................. 55 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ........................................ 55 Section 4.22 Recording of Assignments of Mortgage........................................................... 56 Section 4.23 Notice of Rating Change........................................................................ 56 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ...................................................... 57 Section 5.01 Monthly Advances by the Servicer................................................ 59 ............................................................... 57 Section 5.02 Payments........................................................................ 60 ....................................................................................... 58 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 ............................................. 60 Section 5.04 Monthly Reports................................................................. 65 Section 5.05 Certificate of Servicing Officer................................................ 69 Section 5.06 Other Data...................................................................... 69 Section 5.07 Statements to Certificateholders................................................ 69 Section 5.08 LOCs; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 725.04

REMIC Compliance. 52 59 Section 4.18 Management of REO Property...................................................... 56 .......................................................................... 63 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 ................................................... 65 Section 4.20 Annual Statement as to Compliance............................................... 58 ................................................................... 65 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ............................................. 65 Section 4.22 Retitling of Land Home Contracts.................................................................... 66 Section 4.23 Notice of Rating Change............................................................................. 66 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ......................................................... 67 Section 5.01 Monthly Advances by the Servicer................................................ 59 .................................................................... 67 Section 5.02 Payments........................................................................ 60 ............................................................................................ 68 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 Accounts................................................. 72 Section 5.04 Monthly Reports................................................................. 65 Section 5.05 Certificate of Servicing Officer................................................ 69 Section 5.06 Other Data...................................................................... 69 Section 5.07 Statements to Certificateholders................................................ 69 Section 5.08 LOCs; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 725.04

REMIC Compliance. 52 55 Section 4.18 Management of REO Property...................................................... 56 .................................................................................. 60 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 ........................................................... 62 Section 4.20 Annual Statement as to Compliance............................................... 58 ........................................................................... 62 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ..................................................... 62 Section 4.22 Retitling of Land Home Contracts............................................................................ 63 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ................................................................ 63 Section 5.01 Monthly Advances by the Servicer................................................ 59 ............................................................................ 63 Section 5.02 Payments........................................................................ 60 .................................................................................................... 64 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 .......................................................... 68 Section 5.04 Monthly Reports................................................................. 65 ............................................................................................. 69 Section 5.05 Certificate of Servicing Officer................................................ 69 ............................................................................ 73 Section 5.06 Other Data...................................................................... 69 .................................................................................................. 73 Section 5.07 Statements to Certificateholders................................................ 69 ............................................................................ 73 Section 5.08 LOCs; Draw Amounts; Spread Account.............................................. 70 .......................................................................... 75 Section 5.09 992000-6 2 Reserve Account, Reserve Account........................................... 72..................................................................... 76 ARTICLE VI

REMIC Compliance. 52 44 Section 4.18 Management of REO Property...................................................... 56 ................................................. 49 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 .......................... 50 Section 4.20 Annual Statement as to Compliance............................................... 58 .......................................... 50 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 .................... 51 Section 4.22 Retitling of Land Home Contracts........................................... 51 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 .......................................................................... 52 Section 5.01 Monthly Advances by the Servicer................................................ 59 ........................................... 52 Section 5.02 Payments........................................................................ 60 ................................................................... 52 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 ......................... 55 Section 5.04 Monthly Reports................................................................. 65 ............................................................ 56 Section 5.05 Certificate of Servicing Officer................................................ 69 ........................................... 58 Section 5.06 Other Data...................................................................... 69 ................................................................. 59 Section 5.07 Statements to Certificateholders................................................ 69 ........................................... 59 Section 5.08 LOCsCertificate Insurance Policy; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72Enhancement Payments......................... 60

REMIC Compliance. 52 50 Section 4.18 Management of REO Property...................................................... 56 ............................................................ 55 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 ..................................... 57 Section 4.20 Annual Statement as to Compliance............................................... 58 ..................................................... 57 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... ............................... 57 Section 4.22 Retitling of Land Home Contracts...................................................... 57 Section 4.23 Notice of Rating Change............................................................... 58 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ........................................... 58 Section 5.01 Monthly Advances by the Servicer................................................ 59 ...................................................... 58 Section 5.02 Payments........................................................................ 60 .............................................................................. 59 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 .................................... 62 Section 5.04 Monthly Reports................................................................. 65 ....................................................................... 63 Section 5.05 Certificate of Servicing Officer................................................ 69 ...................................................... 66 Section 5.06 Other Data...................................................................... 69 ............................................................................ 66 Section 5.07 Statements to Certificateholders................................................ 69 ...................................................... 66 Section 5.08 LOCsCertificate Insurance Policy; Enhancement Payments.................................... 67 Section 5.09 Reserve Account....................................................................... 68 Section 5.10 LOC; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72..................................................... 68

REMIC Compliance. 52 54 Section 4.18 Management of REO Property...................................................... 56 ..................................... 59 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 .............. 60 Section 4.20 Annual Statement as to Compliance............................................... 58 .............................. 61 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ........ 61 Section 4.22 Retitling of Land Home Contracts............................... 61 Section 4.23 Notice of Rating Change........................................ 62 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ........................................................... 62 Section 5.01 Monthly Advances by the Servicer................................................ 59 ............................... 62 Section 5.02 Payments........................................................................ 60 ....................................................... 63 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 Accounts............ 68 Section 5.04 Monthly Reports................................................................. 65 ................................................ 69 Section 5.05 Certificate of Servicing Officer................................................ 69 ............................... 73 Section 5.06 Other Data...................................................................... 69 ..................................................... 73 Section 5.07 Statements to Certificateholders................................................ 69 ............................... 73 Section 5.08 LOCsCertificate Insurance Policy; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72Enhancement Payments............. 75

REMIC Compliance. 52 48 Section 4.18 Management of REO Property...................................................... 56 ............................................................ 53 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 ..................................... 55 Section 4.20 Annual Statement as to Compliance............................................... 58 ..................................................... 55 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ............................... 55 Section 4.22 Retitling of Land Home Contracts...................................................... 55 Section 4.23 Notice of Rating Change............................................................... 56 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ............................................. 56 Section 5.01 Monthly Advances by the Servicer................................................ 59 ...................................................... 56 Section 5.02 Payments........................................................................ 60 .............................................................................. 57 Section 5.03 Permitted Withdrawals from the Certificate Note Account.............................. 64 ........................................... 60 Section 5.04 Monthly Reports................................................................. 65 ....................................................................... 61 Section 5.05 Certificate of Servicing Officer................................................ 69 ...................................................... 63 Section 5.06 Other Data...................................................................... 69 ............................................................................ 63 Section 5.07 Statements to Certificateholders................................................ 69 Noteholders............................................................. 64 Section 5.08 LOCsNote Insurance Policy; Enhancement Payments........................................... 65 Section 5.09 Reserve Account,...................................................................... 65 Section 5.10 LOC; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 Reserve Account, Reserve Account........................................... 72..................................................... 65

REMIC Compliance. 52 55 Section 4.18 4.18. Management of REO Property...................................................... 56 ...................................................................... 59 Section 4.19 4.19. Reports to the Securities and Exchange Commission............................... 58 ............................................... 61 Section 4.20 4.20. Annual Statement as to Compliance............................................... 58 ............................................................... 61 Section 4.21 4.21. Annual Independent Public Accountants' Servicing Report......................... 58 ......................................... 62 Section 4.22. Retitling of Land Home Contracts................................................................ 62 ARTICLE V V. PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 ............................................................. 63 Section 5.01 5.01. Monthly Advances by the Servicer................................................ 59 ................................................................ 63 Section 5.02 5.02. Payments........................................................................ 60 ........................................................................................ 63 Section 5.03 5.03. Permitted Withdrawals from the Certificate Account.............................. 64 .............................................. 68 Section 5.04 5.04. Monthly Reports................................................................. 65 ................................................................................. 69 Section 5.05 5.05. Certificate of Servicing Officer................................................ 69 ................................................................ 75 Section 5.06 5.06. Other Data...................................................................... 69 ...................................................................................... 75 Section 5.07 5.07. Statements to Certificateholders................................................ 69 ................................................................ 75 Section 5.08 LOCs; Draw Amounts; Spread Account.............................................. 70 Section 5.09 99-6 5.08. Reserve Account, Reserve Account........................................... 72................................................................................. 81

REMIC Compliance. 52 45 Section 4.18 Management of REO Property...................................................... 56 ......................... 50 Section 4.19 Reports to the Securities and Exchange Commission............................... 58 .. 51 Section 4.20 Annual Statement as to Compliance............................................... 58 .................. 52 Section 4.21 Annual Independent Public Accountants' Servicing Report......................... 58 ............................................ 52 Section 4.22 Retitling of Land Home Contracts................... 52 Section 4.23 Notice of Rating Change............................ 53 ARTICLE V PAYMENTS, MONTHLY ADVANCES AND MONTHLY REPORTS.................................... 59 .............. 53 Section 5.01 Monthly Advances by the Servicer................................................ 59 ................... 53 Section 5.02 Payments........................................................................ 60 ........................................... 54 Section 5.03 Permitted Withdrawals from the Certificate Account.............................. 64 . 56 Section 5.04 Monthly Reports................................................................. 65 .................................... 57 Section 5.05 Certificate of Servicing Officer................................................ 69 ................... 59 Section 5.06 Other Data...................................................................... 69 ......................................... 59 Section 5.07 Statements to Certificateholders................................................ 69 ................... 59 Section 5.08 LOCsCertificate Insurance Policy; Draw AmountsEnhancement Payments. 60 ARTICLE VI THE CERTIFICATES........................................... 61 Section 6.01 The Certificates................................... 61 Section 6.02 Certificate Register; Spread Account.............................................. 70 Registration of Transfer and Exchange of Certificates.......................... 62 Section 5.09 99-6 Reserve Account6.03 Mutilated, Reserve Account........................................... 72Destroyed, Lost or Stolen Certificates.. 65