Common use of REMIC Elections Clause in Contracts

REMIC Elections. 57 SECTION 2.08. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60

REMIC Elections. 57 SECTION 65 Section 2.08. [RESERVED].............................................................. 69 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ............................................... 69 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED].............................................................. 69 Section 2.11. Permitted Activities of the Trust...........................................60....................................... 69 Section 2.12. Qualifying Special Purpose Entity....................................... 70

REMIC Elections. 57 75 SECTION 2.08. [RESERVED]............................................. 81 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 81 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 81 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 81 SECTION 2.12. Qualifying Special Purpose Entity...................... 81

REMIC Elections. 57 50 SECTION 2.08. Covenants of the Servicer...................................................60 51 SECTION 2.09. [RESERVED]..................................................................60 51 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................51 SECTION 2.11. Permitted Activities of the Trust...........................................6054

REMIC Elections. 57 72 SECTION 2.08. [RESERVED]............................................. 77 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 77 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 77 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 77 SECTION 2.12. Qualifying Special Purpose Entity...................... 77

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]............................................. 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 52 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 52 SECTION 2.12. Qualifying Special Purpose Entity...................... 52

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 Servicer ..................................... 59 SECTION 2.09. [RESERVED]..................................................................60 RESERVED] .................................................... 59 SECTION 2.10. [RESERVED]..................................................................60 RESERVED] .................................................... 59 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund ........................ 59 SECTION 2.12. Qualification Special Purpose Entity .......................... 59 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS ..................... 59

REMIC Elections. 57 46 SECTION 2.08. Covenants of the Servicer...................................................60 49 SECTION 2.09. [RESERVED]..................................................................60 49 SECTION 2.10. [RESERVED]..................................................................60 49 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund......................................49

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]................................................................. 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................. 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 51 SECTION 2.11. Permitted Activities of the Trust...........................................60. ....................................... 51 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 52 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................... 52

REMIC Elections. 57 49 SECTION 2.08. [RESERVED].................................................................. 53 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ................................................... 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 53 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 53 SECTION 2.12. Qualifying Special Purpose Entity........................................... 53

REMIC Elections. 57 50 SECTION 2.08. [RESERVED]............................................................... 53 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ................................................ 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................................... 53 SECTION 2.11. Permitted Activities of the Trust...........................................60Issuing Entity............................... 54 SECTION 2.12. Qualifying Special Purpose Entity........................................ 54 SECTION 2.13. Depositor Notification of NIM Notes...................................... 54

REMIC Elections. 57 SECTION 72 2.08. [RESERVED]................................................... 77 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION .................................... 77 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................... 77 2.11. Permitted Activities of the Trust...........................................60............................ 77 2.12. Qualifying Special Purpose Entity............................ 77 2.13. Depositor Notification of NIM Notes.......................... 77

REMIC Elections. 54 SECTION 2.08. [RESERVED]............................................. 57 SECTION 2.082.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 57 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 57 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 57 SECTION 2.12. Qualifying Special Purpose Entity...................... 57 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS............... 57

REMIC Elections. 57 62 SECTION 2.08. Covenants of the Master Servicer...................................................60 ........................................................ 66 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicers.............................................................. 67 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements...................................................................... 67 SECTION 2.11. Conveyance of Subsequent Mortgage Loans................................................. 67 SECTION 2.12. Permitted Activities of the Trust...........................................60....................................................... 70 SECTION 2.13. Qualifying Special Purpose Entity....................................................... 70

REMIC Elections. 57 63 SECTION 2.08. Covenants of the Master Servicer...................................................60 ................................................ 67 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicers...................................................... 68 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements.............................................................. 68 SECTION 2.11. Conveyance of Subsequent Mortgage Loans......................................... 68 SECTION 2.12. Permitted Activities of the Trust...........................................60............................................... 70 SECTION 2.13. Qualifying Special Purpose Entity............................................... 70

REMIC Elections. 57 76 SECTION 2.08. [RESERVED]............................................. 81 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 81 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 81 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 81 SECTION 2.12. Qualifying Special Purpose Entity...................... 81

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 59 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 59 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 59 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund..................................... 59 SECTION 2.12. Qualification Special Purpose Entity....................................... 59

REMIC Elections. 57 58 SECTION 2.08. Covenants of the Servicer...................................................60 62 SECTION 2.09. [RESERVED]..................................................................60 62 SECTION 2.10. [RESERVED]..................................................................60 62 SECTION 2.11. Permitted Activities of the Trust...........................................6062 SECTION 2.12. Qualifying Special Purpose Entity...........................................62

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 58 SECTION 2.09. [RESERVED]..................................................................60 58 SECTION 2.10. [RESERVED]..................................................................60 58 SECTION 2.11. Permitted Activities of the Trust...........................................6058

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................................... 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................................... 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 58 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund............................................. 58

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]......................................................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .......................................................... 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................................. 70 SECTION 2.12. Qualifying Special Purpose Entity.................................................. 70 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................................... 70

REMIC Elections. 57 48 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].................................................................. 52 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 52 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 52 SECTION 2.12. Qualifying Special Purpose Entity........................................... 52

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 52 SECTION 2.09. [RESERVED]..................................................................60 52 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................52 SECTION 2.11. Permitted Activities of the Trust...........................................6054

REMIC Elections. 57 50 SECTION 2.08. Covenants of the Servicer...................................................60 ............................ 53 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]........................................... 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 53 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund............... 53 SECTION 2.12. Qualification of Special Purpose Entity.............. 53

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]........................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................ 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60.................... 70 SECTION 2.12. Qualifying Special Purpose Entity.................... 70 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS............... 70

REMIC Elections. 57 45 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 48 SECTION 2.09. [RESERVED]..................................................................60 Cap Contract................................................................ 48 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 48 SECTION 2.11. Qualifying Special Purpose Entity........................................... 49

REMIC Elections. 57 45 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................... 48 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].................................................................. 48 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................................. 48 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................... 48 SECTION 2.12. Qualifying Special Purpose Entity........................................... 48

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 59 ARTICLE III

REMIC Elections. 57 48 SECTION 2.08. [RESERVED]........................................................... 51 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................................ 51 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................................... 52 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................... 52 SECTION 2.12. Qualifying Special Purpose Entity.................................... 52

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 ................................................ 58 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]............................................................... 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................................... 58 SECTION 2.11. Permitted Activities of the Trust...........................................60........................................ 58 SECTION 2.12. Qualifying Special Purpose Entity........................................ 58 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................. 59 SECTION 3.01.

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................53 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................53 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................53 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................53 SECTION 2.12. Qualifying Special Purpose Entity................................................53

REMIC Elections. 57 49 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 53 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 53 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 53 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 53

REMIC Elections. 57 SECTION 61 2.08. [RESERVED]................................................. 65 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION .................................. 65 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................. 66 2.11. Permitted Activities of the Trust...........................................60.......................... 66 2.12. Qualifying Special Purpose Entity.......................... 66 2.13. Depositor Notification of NIM Notes........................ 66

REMIC Elections. 57 42 SECTION 2.08. 2.08 Covenants of the Servicer...................................................60 ....................................................46 SECTION 2.09. 2.09 [RESERVED]..................................................................60 ...................................................................46 SECTION 2.10. 2.10 [RESERVED]..................................................................60 ...................................................................46 SECTION 2.11. 2.11 Permitted Activities of the Trust...........................................60............................................47

REMIC Elections. 57 65 SECTION 2.08. Covenants of the Servicer...................................................60 Servicing Administrator.........................................69 SECTION 2.09. [RESERVED]..................................................................60 Covenants of the Servicer........................................................69 SECTION 2.10. [RESERVED]..................................................................60 Related Agreements...............................................................69 SECTION 2.11. [Reserved].......................................................................70 SECTION 2.12. Permitted Activities of the Trust...........................................60................................................70 SECTION 2.13. Qualifying Special Purpose Entity................................................70

REMIC Elections. 57 65 SECTION 2.08. [RESERVED].................................................. 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ................................... 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].................................................. 70 SECTION 2.11. Permitted Activities of the Trust...........................................60........................... 70 SECTION 2.12. Qualifying Special Purpose Entity........................... 70

REMIC Elections. 57 71 SECTION 2.08. [RESERVED]............................................. 76 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .............................. 76 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]............................................. 77 SECTION 2.11. Permitted Activities of the Trust...........................................60...................... 77 SECTION 2.12. Qualifying Special Purpose Entity...................... 77

REMIC Elections. 57 SECTION Section 2.08. [RESERVED].....................................................................................61 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ......................................................................61 Section 2.10. [RESERVED]..................................................................60 SECTION .....................................................................................61 Section 2.11. Permitted Activities of the Trust...........................................60..............................................................61 Section 2.12. Qualifying Special Purpose Entity..............................................................61 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS..................................................................61

REMIC Elections. 57 54 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 57 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58 SECTION 2.12. Qualifying Special Purpose Entity.......................................... 58

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 59 SECTION 2.09. [RESERVED]..................................................................60 59 SECTION 2.10. [RESERVED]..................................................................60 59 SECTION 2.11. Permitted Activities of the Trust...........................................6059 SECTION 2.12. Qualifying Special Purpose Entity...........................................59

REMIC Elections. 57 53 SECTION 2.08. [RESERVED]................................................................... 56 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................... 56 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................... 56 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................ 56 SECTION 2.12. Qualifying Special Purpose Entity............................................ 56 ARTICLE III

REMIC Elections. 57 51 SECTION 2.08. [RESERVED]................................................................... 55 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................................................... 55 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................... 55 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................ 55 SECTION 2.12. Qualifying Special Purpose Entity............................................ 55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.......................................... 55

REMIC Elections. 53 Section 2.08. [RESERVED].................................................................... 57 SECTION 2.08Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ..................................................... 57 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED].................................................................... 57 Section 2.11. Permitted Activities of the Trust...........................................60............................................. 57 Section 2.12. Qualifying Special Purpose Entity............................................. 58

REMIC Elections. 57 SECTION 48 Section 2.08. [RESERVED]................................................................................ 51 Section 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 SECTION ................................................................. 51 Section 2.10. [RESERVED]..................................................................60 SECTION RESERVED]................................................................................ 52 Section 2.11. Permitted Activities of the Trust...........................................60......................................................... 52 Section 2.12. Qualifying Special Purpose Entity......................................................... 52

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................... 59 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................... 59 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................... 59 SECTION 2.11. Permitted Activities of the Trust............................................................................. 59 SECTION 2.12. Qualifying Special Purpose Entity.................................. 59 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS............................... 60

REMIC Elections. 54 SECTION 2.08. [RESERVED].......................................57 SECTION 2.082.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ........................57 SECTION 2.10. [RESERVED]..................................................................60 .......................................57 SECTION 2.11. Permitted Activities of the Trust...........................................60................57

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 ....................................................................... 54 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]...................................................................................... 54 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]...................................................................................... 54 SECTION 2.11. Permitted Activities of the Trust...........................................60............................................................... 54 SECTION 2.12. Qualifying Special Purpose Entity............................................................... 54

REMIC Elections. 57 75 SECTION 2.08. [RESERVED] ............................................ 81 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 Servicer ............................. 81 SECTION 2.10. [RESERVED]..................................................................60 RESERVED] ............................................ 81 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust ..................... 81 SECTION 2.12. Qualifying Special Purpose Entity ..................... 81 ARTICLE III

REMIC Elections. 57 46 SECTION 2.08. [RESERVED]........................................... 49 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................ 50 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 50 SECTION 2.11. Permitted Activities of the Trust...........................................60.................... 50 SECTION 2.12. Qualifying Special Purpose Entity.................... 50

REMIC Elections. 57 58 SECTION 2.08. Covenants of the Servicer...................................................60 61 SECTION 2.09. [RESERVED]..................................................................60 62 SECTION 2.10. [RESERVED]..................................................................60 62 SECTION 2.11. Permitted Activities of the Trust...........................................6062 SECTION 2.12. Qualifying Special Purpose Entity...........................................62

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]........................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ............................ 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]........................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60.................... 70 SECTION 2.12. Qualifying Special Purpose Entity.................... 70

REMIC Elections. 57 SECTION 2.08. Covenants of the Servicer...................................................60 61 SECTION 2.09. [RESERVED]..................................................................60 61 SECTION 2.10. [RESERVED]..................................................................60 61 SECTION 2.11. Permitted Activities of the Trust...........................................6061 SECTION 2.12. Qualifying Special Purpose Entity...........................................61

REMIC Elections. 57 55 SECTION 2.08. Covenants of the Servicer...................................................60 59 SECTION 2.09. [RESERVED]..................................................................60 59 SECTION 2.10. [RESERVED]..................................................................60 59 SECTION 2.11. Permitted Activities of the Trust...........................................6059 SECTION 2.12. Qualifying Special Purpose Entity...........................................59 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS...........................................59

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 57 SECTION 2.09. [RESERVED]..................................................................60 57 SECTION 2.10. [RESERVED]..................................................................60 57 SECTION 2.11. Permitted Activities of the Trust...........................................6057 SECTION 2.12. Qualifying Special Purpose Entity...........................................57

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 .................... 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60............ 70 SECTION 2.12. Qualifying Special Purpose Entity............ 70

REMIC Elections. 57 49 SECTION 2.08. Covenants of the Servicer...................................................60 ............................................................ 52 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]........................................................................... 53 SECTION 2.10. [RESERVED]..................................................................60 SECTION 2.11. Permitted Activities of the Trust...........................................60RESERVED]........................................................................... 53

REMIC Elections. 57 56 SECTION 2.08. Covenants of the Servicer...................................................60 ............................................................... 61 SECTION 2.09. [RESERVED]..................................................................60 RESERVED].............................................................................. 61 SECTION 2.10. [RESERVED]..................................................................60 RESERVED].............................................................................. 61 SECTION 2.11. Permitted Activities of the Trust...........................................60....................................................... 61 SECTION 2.12. Qualifying Special Purpose Entity....................................................... 61

REMIC Elections. 57 52 SECTION 2.08. Covenants of the Servicer...................................................60 54 SECTION 2.09. [RESERVED]..................................................................60 54 SECTION 2.10. [RESERVED]..................................................................60 Conveyance of the Subsequent Mortgage Loans.................................54 SECTION 2.11. Permitted Activities of the Trust...........................................6056 SECTION 2.12. Qualifying Special Purpose Entity...........................................56

REMIC Elections. 57 65 SECTION 2.08. [RESERVED]....................................................................................... 69 SECTION 2.09. Covenants of the Servicer...................................................60 SECTION 2.09. [RESERVED]..................................................................60 ........................................................................ 69 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]....................................................................................... 70 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................................ 70 SECTION 2.12. Qualifying Special Purpose Entity................................................................ 70 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.................................................................. 70

REMIC Elections. 57 52 SECTION 2.08. Covenants of the Servicer...................................................60 .......................... 56 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................... 56 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................... 56 SECTION 2.11. Permitted Activities of the Trust...........................................60Trust Fund............. 56 SECTION 2.12. Qualification of Special Purpose Entity............ 56

REMIC Elections. 57 59 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................63 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................63 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................63 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................63 SECTION 2.12. Qualifying Special Purpose Entity................................................63

REMIC Elections. 57 46 SECTION 2.08. Covenants of the Servicer...................................................60 48 SECTION 2.09. [RESERVED]..................................................................60 48 SECTION 2.10. [RESERVED]..................................................................60 48 SECTION 2.11. Permitted Activities of the Trust...........................................6048 SECTION 2.12. Qualifying Special Purpose Entity...........................................48

REMIC Elections. 57 51 SECTION 2.08. Covenants of the Servicer...................................................60 55 SECTION 2.09. [RESERVED]..................................................................60 55 SECTION 2.10. [RESERVED]..................................................................60 55 SECTION 2.11. Permitted Activities of the Trust...........................................6055 SECTION 2.12. Qualifying Special Purpose Entity...........................................55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS........................................56

REMIC Elections. 57 56 SECTION 2.08. Covenants of the Servicer...................................................60 .......................................................... 61 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]......................................................................... 61 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]......................................................................... 61 SECTION 2.11. Permitted Activities of the Trust...........................................60.................................................. 61 SECTION 2.12. Qualification Special Purpose Entity............................................... 61 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.............................................. 61

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................55 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................55 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................55 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................55 SECTION 2.12. Qualifying Special Purpose Entity................................................55 ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS.............................................56

REMIC Elections. 57 53 SECTION 2.08. Covenants of the Servicer...................................................60 .................................................. 57 SECTION 2.09. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.10. [RESERVED]..................................................................60 RESERVED]................................................................. 58 SECTION 2.11. Permitted Activities of the Trust...........................................60.......................................... 58

REMIC Elections. 57 47 SECTION 2.08. Covenants of the Servicer...................................................60 ........................................................48 SECTION 2.09. [RESERVED]..................................................................60 .......................................................................48 SECTION 2.10. [RESERVED]..................................................................60 .......................................................................48 SECTION 2.11. Permitted Activities of the Trust...........................................60................................................48 SECTION 2.12. Qualifying Special Purpose Entity................................................48