Common use of Satisfaction of Mortgages and Release of Mortgage Files Clause in Contracts

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Servicer will obtain the portion of the Mortgage file File that is in the possession of the Seller Purchaser or Seller's custodianits designee, prepare and process any required satisfaction or release of the Mortgage and notify the Purchaser as provided in accordance with the provisions of this ExhibitAgreement. Seller shall indemnify The Purchaser or its designee agrees to deliver to the Servicer the original Mortgage Note for any out-of-pocket expenses Mortgage Loan not later than five (5) Business Days following its receipt of a notice from the Servicer that such a payment in full has been received or that a notification has been received that such a payment in full shall be made. Such Mortgage Note shall be held by the Purchaser may sustain from Seller's custodian's failure to deliver Servicer, in trust, for the purpose of canceling such Mortgage file Note and delivering the canceled Mortgage Note to the Mortgagor in a timely mannermanner as and to the extent provided under applicable state law. In If the event Purchaser Mortgage has been recorded in the name of MERS or its designee, the Servicer shall take all necessary action to effect the release of the Mortgage Loan on the records of MERS. If the Servicer grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Servicer otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerthe Purchaser, shall remit to Seller the stated principal balance Purchaser the Stated Principal Balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall maintain the The Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller shall insure the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser or Purchaser's designee shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser's Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.05 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. Upon receipt of such certification and request, the Purchaser or its designee shall within five (5) Business Days release the related Mortgage Loan Documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. With respect to any MERS Mortgage Loan, the Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Mortgage Purchaser, any and notify Purchaser as provided all instruments of satisfaction or cancellation or of partial or full release. No expense incurred in this Exhibit. Seller connection with any instrument of satisfaction or deed of reconveyance shall indemnify Purchaser for any out-of-pocket expenses that be chargeable to the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then unpaid principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or Purchaser's designee of a servicing receipt signed by a Servicing Officer, release or cause to be released the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller shall notify the Purchaser will obtain in the portion Monthly Remittance Advice as provided in Section 3.02, and may request the release of any Mortgage Loan Documents from the Purchaser in accordance with this Section 4.02 hereof. Such Mortgage Note shall be held by the Seller, in trust, for the purpose of canceling such Mortgage Note and delivering the cancelled Mortgage Note to the Mortgagor in a timely manner as and to the extent provided under applicable state law. If the Mortgage file that is has been recorded in the possession name of MERS or its designee, the Seller or Seller's custodian, prepare and process any required satisfaction or shall take all necessary action to effect the release of the Mortgage and notify Purchaser as provided in this ExhibitLoan on the records of MERS. If the Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction satisfies or release of releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Seller otherwise prejudice any right Seller rights the Purchaser may have under the mortgage instruments, Purchaser, upon written demand of Sellerthe Purchaser, the Seller shall remit to Seller the stated principal balance of purchase the related Mortgage Loan at the Repurchase Price by deposit thereof in the Custodial AccountAccount within 2 Business Days of receipt of such demand by the Purchaser. Purchaser The Seller shall maintain the a Fidelity Bond and errors Errors and omissions insurance Omissions Insurance Policy as provided for in this Exhibit Section 2.12 insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the Seller shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company will immediately notify the Purchaser by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five Business Days after receipt of such certification and request, release or cause to be released to the Company, the related Mortgage Loan Documents and, upon its receipt of such documents, the Company shall promptly prepare and deliver to the Purchaser the requisite satisfaction or release. No later than three Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Company the release or satisfaction properly executed by the owner of record of the Seller applicable mortgage or Seller's custodian, prepare and process its duly appointed attorney in fact. No expense incurred in connection with any required instrument of satisfaction or release deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Company satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Company, upon written demand of Sellerdemand, shall remit within two Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Company shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Company and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserCompany. Such servicing receipt shall obligate the Purchaser Company to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Company no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Company has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserCompany.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Seller will obtain immediately notify the Purchaser's custodian by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser's custodian shall be required no later than five (5) Business Days after receipt of such certification and request to release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller or Seller's custodian, shall promptly prepare and process any required execute (pursuant to a power of attorney or limited officer appointment to be provided by Purchaser to Seller) the requisite satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents Loan Documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser or its designee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser or its designee to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File Loan Documents held by the Seller Purchaser or its designee the Custodian to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 33.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.05 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser shall within five (5) Business Days release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided Custodial Account or the Purchaser. Notwithstanding the foregoing, in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses the event that the Purchaser may sustain from fails to release or cause to be released to the Seller the related Mortgage Loan Documents within five (5) Business Days of the Seller's custodian's failure written request therefor, the Purchaser shall be liable to deliver the Seller for any additional expenses or costs, including, but not limited to, outsourcing fees and penalties, incurred by the Seller resulting from such Mortgage file in a timely mannerfailure. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to 8.04 have been or will obtain be so depos­ited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's Designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of recon­veyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants the Seller satisfies or releases a satisfaction or release of a Mortgage Mort­gage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsinstru­ments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated principal balance of the related repurchasethe Mortgage Loan by deposit thereof in the Custodial Account. Purchaser accordance with Subsection 7.03 hereof.. The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSel­ler. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Mort­gage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Custo­dial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser Servicer shall immediately notify the Seller. Such notice shall include a statement to the effect that all amounts received or to be received in connection with such payment, which are required to be deposited in the Custodial Account pursuant to Section 5.4, have been or will obtain be so deposited and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Custodian. Upon receipt of such notice and request, the Seller Seller, or Seller's custodianits designee, shall within five (5) Business Days release or cause to be released to Servicer the related Mortgage Loan Documents and Servicer shall prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerrelease. In the event Purchaser grants a that the Seller fails to release or cause to be released to Servicer the related Mortgage Loan Documents within five (5) Business Days of Servicer’s request therefor, the Seller shall be liable to Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and penalties, incurred by Servicer resulting from such failure. No expense incurred in connection with any instrument of satisfaction or release deed of reconveyance shall be chargeable to the Custodial Account. In the event Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right the Seller may have under the mortgage instruments, PurchaserServicer, upon written demand of Sellerdemand, shall remit to the Seller the stated then unpaid principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the a Mortgage Loan, including for this the purpose of collection under any Primary Insurance PMI Policy, the Seller Seller’s Custodian shall, upon within five (5) Business Days of Servicer’s request of the Purchaser and delivery to the Seller Seller, or the Seller's designee, of a servicing receipt signed by a Servicing Officer, release or cause to be released to Servicer the requested portion of the Mortgage File held by the Seller or its designee designee. Pursuant to the Purchaser. Such servicing receipt receipt, Servicer shall obligate the Purchaser be obligated to return to the Seller the related Mortgage documents to the Seller or its designee File when the need therefor by the Purchaser Servicer no longer existsneeds such file, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and . In the Purchaser has delivered event that the Seller’s Custodian fails to release or cause to be released to Servicer the portion of the Mortgage File held by the Seller a certificate or its designee within five (5) Business Days of a Servicing Officer certifying as Servicer’s request therefor, the Seller shall be liable to the name Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and address of the Person to which penalties, incurred by Servicer resulting from such Mortgage File or such document was delivered and the purpose or purposes of such deliveryfailure. Upon receipt of a certificate of a Servicing Officer notice from Servicer stating that such Mortgage Loan was liquidated, the Seller shall release Servicer from its obligations under the related servicing receipt shall be released by the Seller to the Purchaserreceipt.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Interim Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Interim Servicer will immediately notify the Purchaser by a certification of a servicing officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Interim Servicer and the Interim Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Interim Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Interim Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Interim Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Interim Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Interim Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserInterim Servicer. Such servicing receipt shall obligate the Purchaser Interim Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Interim Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Interim Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer servicing officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer servicing officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserInterim Servicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five (5) Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall promptly prepare and deliver to the Purchaser the requisite satisfaction or release. No later than three (3) Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the applicable Mortgage or its duly appointed attorney in fact. If such Mortgage Loan is a MERS Mortgage Loan, the Seller or Seller's custodianis authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, prepare on behalf of the Purchaser, any and process any required all instruments of satisfaction or release cancellation or of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerpartial or full release. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsMortgage Loan Documents, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within five (5) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser Seller or the Subservicer will obtain the portion of the Mortgage file File that is in the possession of the Seller Purchaser or Seller's Purchaser’s custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this ExhibitSection 11.02. If such Mortgage Loan is a MERS Mortgage Loan, Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Purchaser, any and all instruments of satisfaction or cancellation or of partial or full release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account. Purchaser shall indemnify Purchaser Seller for any out-of-pocket expenses that the Purchaser Seller may sustain from Seller's Purchaser’s custodian's ’s failure to deliver such Mortgage file File in a timely manner. In the event Purchaser Seller grants a satisfaction or release of a Mortgage Mxxx-xxxx without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser Seller otherwise prejudice any right Seller Purchaser may have under the mortgage instrumentsinstru-ments, PurchaserSeller, upon written demand of SellerPurchaser, shall remit to Seller Purchaser the stated principal balance Stated Principal Balance of the related Mortgage Loan by deposit thereof in the Custodial AccountAccount within one (1) Business Day of receipt of such demand. Purchaser Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 10.16 insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures proce-dures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will notify the Purchaser in the Monthly Remittance Advice that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that File held by the Purchaser. If such Mortgage Loan is in a MERS Mortgage Loan, the possession Servicer is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Seller or Seller's custodianPurchaser, prepare any and process any required all instruments of satisfaction or release cancellation or of partial or full release. If the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsMortgage Loan Documents, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated principal balance Purchaser the then Principal Balance of the related Mortgage Loan Loan, plus unpaid accrued interest thereon, net of any outstanding Advances (of Scheduled Payments or Servicing Advances) by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the Servicer. The Servicer shall indemnify the Purchaser, and its designee, from and against any and all losses, claims, damages, penalties, fines, forfeitures, costs and expenses (including court costs and reasonable attorney's fees) resulting from or related to the loss, damage or misplacement of any documentation delivered to the Servicer pursuant to this paragraph.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser's Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five (5) Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall promptly prepare and deliver to the Purchaser the requisite satisfaction or release. No later than three (3) Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the applicable Mortgage or its duly appointed attorney in fact. If such Mortgage Loan is a MERS Mortgage Loan, the Seller or Seller's custodianis authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, prepare on behalf of the Purchaser, any and process any required all instruments of satisfaction or release cancellation or of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerpartial or full release. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsMortgage Loan Documents, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within ten (10) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders or the Certificate Insurer may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instruments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSECTION 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit SECTION 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee or the Custodian on behalf of the Trustee by an Officers' Certificate in the form of EXHIBIT B attached to the Custodial Agreement (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to SECTION 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee or the Custodian on behalf of the Trustee shall promptly release the related Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable by the Servicer and shall not be reimbursed from the Principal and Interest Account or the Collection Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee or the Custodian on behalf of the Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee or the Custodian on behalf of the Trustee of a servicing receipt signed certification in the form of EXHIBIT B attached to the Custodial Agreement signed, by a Servicing Officer, promptly release the requested portion of the related Mortgage File held by the Seller or its designee to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File or any document released therefrom to the Seller Trustee or its designee the Custodian on behalf of the Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released promptly by the Seller Trustee to the PurchaserServicer. The Trustee shall promptly execute and deliver to the Servicer any legal notices, court pleadings, requests for trustee's sale in respect of a Mortgaged Property or any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will promptly sign and deliver, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Interim Servicer of a notification that payment in full will be escrowed in a manner customary for such purposespurposes the Interim Servicer will act in accordance with Accepted Servicing Practices. In addition, Purchaser will obtain upon the portion request of the Purchaser at any time, the Interim Servicer shall notify the Purchaser of any Mortgage file Loans which have been paid in full or as to which the Interim Servicer has received notification that is a payoff in full will be made. Upon request by the possession of Interim Servicer, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Interim Servicer and the Interim Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Interim Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Interim Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Interim Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Interim Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, Loan the Seller Purchaser shall, upon request of the Purchaser Interim Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserInterim Servicer. Such servicing receipt shall obligate the Purchaser Interim Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Interim Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Interim Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserInterim Servicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. With the exception of short sales, if the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon written demand and, within 5 Business Days following discovery of Sellersuch release, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Custodian shall, upon request of the Purchaser Servicer and delivery to the Seller Custodian of a servicing receipt signed by a Servicing OfficerOfficer pursuant to the Custodial Agreement, release the requested portion of the Custodian's Mortgage File held by the Seller or its designee Custodian to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller or its designee Custodian when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Custodian's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Custodian a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Custodian's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Custodian to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. (a) Upon the payment in full of any Mortgage Qualified Loan, or the receipt by Purchaser the Master Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Master Servicer shall immediately notify the Purchaser and the Custodian. Such notice shall include a statement to the effect that all amounts received or to be received in connection with such payment that are required to be deposited in the related Collection Account pursuant to Section 5.02 have been or will obtain be so deposited, and shall request delivery to the portion Master Servicer of the related Mortgage file that is in File. Upon receipt of such notice and request, the possession of Purchaser shall, within five (5) Business Days, deliver, or cause the Seller or Seller's custodianCustodian to deliver, to the Master Servicer the related Mortgage File and the Master Servicer shall prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerbe necessary. In the event Purchaser grants a satisfaction that the Purchase fails to deliver or release of a Mortgage without having obtained payment in full of cause to be delivered to the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit to Seller the stated principal balance of Master Servicer the related Mortgage Loan by deposit thereof in File within five (5) Business Days of the Custodial Account. Master Servicer’s request therefor, the Purchaser shall maintain be liable to the Fidelity Bond Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with penalties, incurred by the procedures set forth herein. Master Servicer resulting from such failure. (b) From time to time and as appropriate for the servicing or foreclosure of a Qualified Loan, the Purchaser shall, within five (5) Business Days of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon Master Servicer’s request of the Purchaser and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release deliver or cause the requested portion of the Mortgage File held by the Seller or its designee Custodian to deliver to the Purchaser. Such servicing receipt shall obligate the Purchaser to return Master Servicer the related Mortgage documents File. Pursuant to the Seller or its designee servicing receipt, the Master Servicer shall be obligated to return to the Custodian the related Mortgage File when the need therefor by the Purchaser Master Servicer no longer existsneeds such file, unless the Mortgage Qualified Loan has been liquidated and the Cash Liquidation Proceeds relating to the Mortgage such Qualified Loan have been deposited in the Custodial Collection Account or the Mortgage File or such document a portion thereof has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and . In the event that the Purchaser has delivered fails to deliver or cause the Custodian to deliver to the Seller a certificate Master Servicer the applicable Mortgage File within five (5) Business Days of a Servicing Officer certifying as the Master Servicer’s request therefor, the Purchaser shall be liable to the name Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and address of penalties, incurred by the Person to which Master Servicer resulting from such Mortgage File or such document was delivered and the purpose or purposes of such deliveryfailure. Upon receipt of a certificate of a Servicing Officer notice from the Master Servicer stating that such Mortgage Qualified Loan was liquidated, the Purchaser shall release the Master Servicer from its obligations under the related servicing receipt shall be released by the Seller to the Purchaserreceipt.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Seller will obtain immediately notify the Purchaser’s custodian by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser’s custodian shall be required no later than five (5) Business Days after receipt of such certification and request to release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller or Seller's custodian, shall promptly prepare and process any required execute (pursuant to a power of attorney or limited officer appointment to be provided by Purchaser to Seller) the requisite satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents Loan Documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser or its designee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser or its designee to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. (a) Upon the payment in full of any Mortgage Qualified Loan, or the receipt by Purchaser the Master Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Master Servicer shall immediately notify the Purchaser and the Custodian. Such notice shall include a statement to the effect that all amounts received or to be received in connection with such payment that are required to be deposited in the related Collection Account pursuant to Section 5.02 have been or will obtain be so deposited, and shall request delivery to the portion Master Servicer of the related Mortgage file that is in File. Upon receipt of such notice and request, the possession of Purchaser shall, within five (5) Business Days, deliver, or cause the Seller or Seller's custodianCustodian to deliver, to the Master Servicer the related Mortgage File and the Master Servicer shall prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerbe necessary. In the event Purchaser grants a satisfaction that the Purchase fails to deliver or release of a Mortgage without having obtained payment in full of cause to be delivered to the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit to Seller the stated principal balance of Master Servicer the related Mortgage Loan by deposit thereof in File within five (5) Business Days of the Custodial Account. Master Servicer's request therefor, the Purchaser shall maintain be liable to the Fidelity Bond Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with penalties, incurred by the procedures set forth herein. Master Servicer resulting from such failure. (b) From time to time and as appropriate for the servicing or foreclosure of a Qualified Loan, the Purchaser shall, within five (5) Business Days of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon Master Servicer's request of the Purchaser and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release deliver or cause the requested portion of the Mortgage File held by the Seller or its designee Custodian to deliver to the Purchaser. Such servicing receipt shall obligate the Purchaser to return Master Servicer the related Mortgage documents File. Pursuant to the Seller or its designee servicing receipt, the Master Servicer shall be obligated to return to the Custodian the related Mortgage File when the need therefor by the Purchaser Master Servicer no longer existsneeds such file, unless the Mortgage Qualified Loan has been liquidated and the Cash Liquidation Proceeds relating to the Mortgage such Qualified Loan have been deposited in the Custodial Collection Account or the Mortgage File or such document a portion thereof has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and . In the event that the Purchaser has delivered fails to deliver or cause the Custodian to deliver to the Seller a certificate Master Servicer the applicable Mortgage File within five (5) Business Days of a Servicing Officer certifying as the Master Servicer's request therefor, the Purchaser shall be liable to the name Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and address of penalties, incurred by the Person to which Master Servicer resulting from such Mortgage File or such document was delivered and the purpose or purposes of such deliveryfailure. Upon receipt of a certificate of a Servicing Officer notice from the Master Servicer stating that such Mortgage Qualified Loan was liquidated, the Purchaser shall release the Master Servicer from its obligations under the related servicing receipt shall be released by the Seller to the Purchaserreceipt.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company will immediately notify the Purchaser by a certification of a servicing officer of the Company (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Company and the Company shall prepare and process any required Exh. 5-15 satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Company satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Company, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Company shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the interim servicing or foreclosure of the any Mortgage Loan, including for this purpose collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Company and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the related Mortgage File held by the Seller or its designee Purchaser to the PurchaserCompany. Such servicing receipt shall obligate the Purchaser Company to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Company no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Company has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserCompany.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instru ments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee by an Officers' Certificate in the form of Exhibit J attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release (or cause the Custodian to release) the related Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable by the Servicer and shall not be reimbursed from the Principal and Interest Account or the Collection Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt signed certification in the form of Exhibit J attached hereto signed, by a Servicing Officer, promptly release or cause the Custodian to promptly release the requested portion of the related Mortgage File held by the Seller or its designee any document therein to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File or any document released therefrom to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released promptly by the Seller Trustee to the PurchaserServicer. The Trustee shall promptly execute and deliver to the Servicer any legal notices, court pleadings, requests for trustee's sale in respect of a Mortgaged Property or any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will promptly sign and deliver, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Interim Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Interim Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Interim Servicer (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Interim Servicer and the Interim Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Interim Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Interim Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Interim Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Interim Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Interim Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File Loan Documents held by the Seller Purchaser or its designee the Custodian to the PurchaserInterim Servicer. Such servicing receipt shall obligate the Purchaser Interim Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Interim Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Interim Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserInterim Servicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Seller shall request execution of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession of Purchaser or the Purchaser's designee. Upon request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the Purchaser.Seller. Exh. 9-13

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Owner with a certification and request for release by Purchaser a Servicing Officer, which certification shall include a statement to the effect that all amounts received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been so deposited, and a request for delivery to the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in File. Upon receipt of such certification and request, the possession of Owner shall promptly release the Seller or Seller's custodian, related Mortgage Loan Documents to the Servicer and the Servicer shall prepare and process deliver for execution by the Owner or at the Owner's option execute under the authority of a power of attorney delivered to the Servicer by the Owner any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Owner may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit within two Business Days to Seller the stated principal balance of Owner the related difference between the amount to which the Owner is entitled hereunder with respect to such Mortgage Loan and the amount, if any, previously distributed to the Owner relating thereto, by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller shall, upon request of the Purchaser Servicer and delivery to the Seller Owner of a servicing receipt signed by a Servicing Officer, the Owner shall release the requested portion of the Mortgage File held by the Seller or its designee to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to promptly return the related Mortgage documents Loan Documents to the Seller or its designee Owner, when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non- judicially, and the Purchaser Servicer has promptly delivered to the Seller Owner a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Owner to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee the Custodian to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser’s Mortgage file that is in File held by the possession Purchaser. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. With the exception of short sales, if the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser’s Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser’s Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser’s Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser’s Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders or the Certificate Insurer may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instruments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee or the Custodian on behalf of the Trustee by an Officers' Certificate in the form of Exhibit B attached to the Custodial Agreement (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee or the Custodian on behalf of the Trustee shall promptly release the related Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable by the Servicer and shall not be reimbursed from the Principal and Interest Account or the Collection Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee or the Custodian on behalf of the Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee or the Custodian on behalf of the Trustee of a servicing receipt signed certification in the form of Exhibit B attached to the Custodial Agreement signed, by a Servicing Officer, promptly release the requested portion of the related Mortgage File held by the Seller or its designee to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File or any document released therefrom to the Seller Trustee or its designee the Custodian on behalf of the Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released promptly by the Seller Trustee to the PurchaserServicer. The Trustee shall promptly execute and deliver to the Servicer any legal notices, court pleadings, requests for trustee's sale in respect of a Mortgaged Property or any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will promptly sign and deliver, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Seller shall request execution of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession of Purchaser or the Purchaser's designee. Upon request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the Exh. 8-14 foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Purchaser shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account or the Purchaser. If such Mortgage Loan is a MERS Mortgage Loan, the Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Mortgage Purchaser, any and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerall instruments of satisfaction or cancellation or of partial or full release. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsMortgage Loan Documents, Purchaser, upon written demand of Seller, the Seller shall remit within five (5) Business Days to Seller the stated Purchaser of such satisfaction or release the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy or LPMI Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related such Mortgage documents Loan Documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser or its designee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser or its designee to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Company shall request execution of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Owner or the Custodian. Upon receipt of such request, the Seller or Seller's custodian, related mortgage documents promptly shall be released to the Company and the Company shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Custodial Account or the Owner. If the Company satisfies or releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage, then upon discovery by the Company or notice from the Owner, the Company shall cure any erroneously issued release within sixty (60) days. If the Company is unable to cure such erroneous release or satisfaction within such time period, or any Mortgage or should Purchaser otherwise prejudice any right Seller may have under other security instrument executed by a Mortgagor in connection with such cure is later determined to be unenforceable by a final order of a bankruptcy court with jurisdiction over the mortgage instrumentsMortgagor or the Mortgaged Property, Purchaserthe Company shall within two (2) Business Days following such cure period and after receipt of demand by the Owner, upon written demand of Seller, shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan a price equal to (i) the Assumed Principal Balance of the Mortgage Loan plus (ii) accrued interest on such Assumed Principal Balance at the Mortgage Loan Remittance Rate from the date to which interest has last been paid and distributed to the Owner to the date of repurchase. Any such repurchase shall be accomplished by deposit thereof in the Custodial Account. Purchaser shall maintain Account of the Fidelity Bond and errors and omissions insurance as provided for amount of the repurchase price, after deducting therefrom any amounts received in this Exhibit insuring Seller against any loss it may sustain with respect to any of such repurchased Mortgage Loan not satisfied and being held in accordance with the procedures set forth hereinCustodial Account for future distribution. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Owner shall, upon request of the Purchaser Company and delivery to the Seller Owner of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Owner to the PurchaserCompany. Such servicing receipt shall obligate the Purchaser Company to return the related Mortgage documents to the Seller or its designee Owner when the need therefor by the Purchaser Company no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in into the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Owner to the PurchaserCompany.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee the Custodian to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property Property, either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instruments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 above. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 above insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee (if it holds the related Trustee's Mortgage File) or the Custodian, as the case may be, by an Officers' Certificate in the form of Exhibit I attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 above have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Trustee's Mortgage File. Upon receipt of such certification and request, the Trustee or such Custodian, as the case may be, shall promptly release the related Trustee's Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable only from and to the extent of Servicing Compensation with respect to the related Sub-Pool and shall not be chargeable to the related Principal and Interest Account or the related Certificate Account. With respect to any Mortgage Note released by the Trustee to the Servicer or to any Subservicer in accordance with the terms of this Agreement, other than a release or satisfaction pursuant to the second paragraph of this Section 7.02, prior to such release, the Trustee shall (a) complete all endorsements in blank so that the endorsement reads "Pay to the order of LaSalle National Bank, as Trustee under the Pooling and Servicing Agreement, dated as of December 1, 1996, Series 1996-4" and (b) complete a restrictive endorsement that reads "LaSalle National Bank is the holder of the mortgage note for the benefit of the Certificateholders under the Pooling and Servicing Agreement, dated as of December 1, 1996, Series 1996-4" with respect to those Mortgage Notes currently endorsed "Pay to the order of holder", if any. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt certification in the form of Exhibit I attached hereto signed by a Servicing Officer, release the requested portion of the related Trustee's Mortgage File held by the Seller or its designee any document therein to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Trustee's Mortgage documents File or any document released therefrom to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account with respect to each Sub-Pool, and remitted to the Trustee for deposit in the related Certificate Account or the Trustee's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Trustee's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Trustee to the PurchaserServicer. The Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will sign and post, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in-connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser or Purchaser's designee shall, upon request of the Purchaser Servicer and delivery deli very to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser's Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. (a) Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Subservicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of Subservicer shall request the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of any Mortgage Loan Documents. If the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction Subservicer satisfies or release of releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Subservicer otherwise prejudice any right Seller rights the Trust may have under the mortgage instruments, Purchaser, upon written demand of Sellerthe Master Servicer, the Subservicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan at the Repurchase Price by deposit thereof in the Custodial AccountAccount within two Business Days of receipt of such demand by the Master Servicer. Purchaser The Subservicer shall maintain the Fidelity Bond and errors Errors and omissions insurance Omissions Insurance Policy as provided for in this Exhibit Section 4.13 insuring Seller the Subservicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. (b) Upon (i) becoming aware of the payment in full of any Mortgage Loan or (ii) the receipt by the Subservicer of a notification that payment in full has been or will be escrowed in a manner customary for such purposes, the Subservicer will promptly notify the Indenture Trustee and Custodian by a certification (which certification shall include a statement to the effect that all amounts received in connection with such payment that are required to be deposited in the Collection Account maintained by the Subservicer pursuant to Section 7.4 have been or will be so deposited) of a Servicing Officer and shall request the Custodian, to deliver to the Subservicer the related Mortgage File. Upon receipt of such certification and Request for Release, the Custodian shall promptly release the related Mortgage File to the Subservicer and the Indenture Trustee shall have no further responsibility with regard to such Mortgage File. Upon any such payment in full, the Subservicer is authorized to give, as agent for the Indenture Trustee, as the mortgagee under the Mortgage that secured the Mortgage Loan, an instrument of satisfaction (or assignment of mortgage without recourse) regarding the Mortgaged Property subject to the Mortgage, which instrument of satisfaction or assignment, as the case may be, shall be delivered to the Person or Persons entitled thereto against receipt therefor of such payment, it being understood and agreed that no expenses incurred in connection with such instrument of satisfaction or assignment, as the case may be, shall be chargeable to the Collection Account. (c) From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including for this purpose collection under the Indenture Trustee shall execute such documents as shall be prepared and furnished to the Indenture Trustee by the Subservicer (in form reasonably acceptable to the Indenture Trustee) and as are necessary to the prosecution of any Primary Insurance Policy, the Seller such proceedings. The Indenture Trustee shall, upon request of the Purchaser Subservicer, as applicable, and delivery to the Seller Indenture Trustee, of a servicing trust receipt signed by a Servicing Officer, cause the Custodian to release the requested portion of the related Mortgage File held by the Seller in its possession or its designee control to the PurchaserSubservicer. Such servicing trust receipt shall obligate the Purchaser Subservicer to return the related Mortgage documents File to the Seller or its designee Custodian when the need therefor by the Purchaser Subservicer no longer exists, exists unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited shall be liquidated, in the Custodial Account or the Mortgage File or such document has been delivered to an attorneywhich case, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon upon receipt of a certificate of a Servicing Officer stating similar to that such Mortgage Loan was liquidatedhereinabove specified, the servicing trust receipt shall be released by the Seller Indenture Trustee to the PurchaserSubservicer. (d) The Indenture Trustee shall furnish the Subservicer, upon request, with any powers of attorney empowering the Subservicer to execute and deliver instruments of satisfaction or cancellation, or of partial or full release or discharge, and to foreclose upon or otherwise liquidate Mortgaged Property, and to appeal, prosecute or defend in any court action relating to the Mortgage Loans or the Mortgaged Property, in accordance with this Agreement, and the Indenture Trustee shall execute and deliver such other documents as the Subservicer may request, necessary or appropriate to enable the Subservicer to service the Mortgage Loans and carry out its duties hereunder, in each case in accordance with Accepted Servicing Practices (and the Indenture Trustee shall have no liability for misuse of any such powers of attorney by the Subservicer). (e) In no event shall the Subservicer, without the Indenture Trustee’s written consent, (i) initiate any action, suit or proceeding solely under the Indenture Trustee’s name without indicating the Subservicer’s representative capacity or (ii) take any action with the intent to cause, and which actually does cause, the Indenture Trustee to be registered to do business in any state. The Subservicer shall indemnify the Indenture Trustee for any and all costs, liabilities and expenses incurred by the Indenture Trustee in connection with the negligent or willful misuse of such powers of attorney by the Subservicer. In the performance of its duties hereunder, the Subservicer shall be an independent contractor and shall not, except in those instances where it is taking action in the name of the Indenture Trustee, be deemed to be the agent of the Indenture Trustee.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller shall notify the Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser monthly remittance advice as provided in Section 6.02, and may request the release of any Mortgage Loan Documents from the Purchaser in accordance with this ExhibitSection 7.02. The Purchaser shall no later than five (5) Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall indemnify Purchaser for any out-of-pocket expenses that promptly prepare and deliver to the Purchaser may sustain from Seller's custodian's failure the requisite satisfaction or release. No later than three (3) Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to deliver be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the applicable Mortgage or its duly appointed attorney in fact. If such Mortgage file in Loan is a timely manner. In MERS Mortgage Loan, the event Purchaser grants a Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Purchaser, any and all instruments of satisfaction or release cancellation or of partial or full release. If the Seller satisfies or releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Seller otherwise prejudice any right Seller rights the Purchaser may have under the mortgage instruments, Purchaserthe Seller shall deposit into the Custodial Account the then outstanding principal balance, upon written demand of Sellerplus all accrued interest on such Mortgage Loan, shall remit to Seller on the stated principal balance of day preceding the related Mortgage Loan by deposit thereof Remittance Date in the Custodial Accountmonth following the date of such release. Purchaser The Seller shall maintain the Fidelity Bond and errors Errors and omissions insurance Omissions Insurance Policy as provided for in this Exhibit Section 5.13 insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate Purchaser an Officer's Certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain a fidelity bond insuring the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the a Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon Servicer may request of the Purchaser and delivery pursuant to the Seller Custodial Agreement the release of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the PurchaserCustodian. Such servicing receipt The Servicer shall obligate the Purchaser be obligated to return the related Mortgage documents to the Seller or its designee Custodian when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and as set forth in the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the PurchaserCustodial Agreement.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Master Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Master Servicer shall immediately notify the Trustee. Such notice shall include a statement to the effect that all amounts received or to be received in connection with such payment, which are required to be deposited in the related Custodial Account pursuant to Section 5.02, have been or will obtain be so deposited, and shall request delivery to the Master Servicer of the portion of the Mortgage file that is in File held by the possession Trustee. Upon receipt of such notice and request, the Seller Trustee shall, within five (5) Business Days, deliver or Seller's custodian, cause to be delivered to the Master Servicer the related Mortgage File and the Master Servicer shall prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerbe necessary. In the event Purchaser grants a satisfaction that the Trustee fails to deliver or release of a Mortgage without having obtained payment in full of cause to be delivered to the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit to Seller the stated principal balance of Master Servicer the related Mortgage Loan File within five (5) Business Days of the Master Servicer’s request therefor, the Trustee shall be liable to the Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and penalties, incurred by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth hereinMaster Servicer resulting from such failure. From time to time and as appropriate for the servicing or foreclosure of a Loan, the Trustee shall, within five (5) Business Days of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon Master Servicer’s request of the Purchaser and delivery to the Seller Trustee of a servicing receipt signed by a Servicing Officer, release deliver or cause to be delivered to the requested Master Servicer the portion of the Mortgage File held by the Seller or its designee Trustee. Pursuant to the Purchaser. Such servicing receipt receipt, the Master Servicer shall obligate the Purchaser be obligated to return to the Trustee the related Mortgage documents to the Seller or its designee File when the need therefor by the Purchaser Master Servicer no longer existsneeds such file, unless the Mortgage Loan has been liquidated and the Cash Liquidation Proceeds relating to the Mortgage such Loan have been deposited in the applicable Custodial Account or the Mortgage File or such document a portion thereof has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and . In the Purchaser has event that the Trustee fails to deliver or cause to be delivered to the Seller a certificate Master Servicer the portion of a Servicing Officer certifying as the Mortgage File held by the Trustee or its designee within five (5) Business Days of the Master Servicer’s request therefor, the Trustee shall be liable to the name Master Servicer for any additional expenses or costs, including, but not limited to, outsourcing fees and address of penalties, incurred by the Person to which Master Servicer resulting from such Mortgage File or such document was delivered and the purpose or purposes of such deliveryfailure. Upon receipt of a certificate of a Servicing Officer notice from the Master Servicer stating that such Mortgage Loan was liquidated, the Trustee shall release the Master Servicer from its obligations under the related servicing receipt shall be released by the Seller to the Purchaserreceipt.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser in writing which shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. Upon receipt of such request, the Purchaser or its designee shall within five (5) Business Days release the related Mortgage Loan Documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. With respect to any MERS Mortgage Loan, the Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Mortgage Purchaser, any and notify Purchaser as provided all instruments of satisfaction or cancellation or of partial or full release. No expense incurred in this Exhibit. Seller connection with any instrument of satisfaction or deed of reconveyance shall indemnify Purchaser for any out-of-pocket expenses that be chargeable to the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then unpaid principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or Purchaser's designee of a servicing receipt signed by a Servicing Officer, release or cause to be released the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynon‑judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Servicer or Subservicer will obtain the portion of the Mortgage file File that is in the possession of the Seller Purchaser or Seller's Purchaser’s custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerMortgage. In the event Purchaser the Servicer grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Servicer otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, in each case without the prior written consent of the Purchaser, the Servicer, upon written demand of Sellerthe Purchaser, shall remit to Seller the stated principal balance Purchaser the Stated Principal Balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 7.16 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser’s document custodian shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser’s document custodian of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser’s Mortgage File held by the Seller or its designee Purchaser to the Servicer; provided that during the time that any such documentation is held by the Servicer, such possession is in trust for the benefit of the Purchaser, and the Servicer shall return such documentation to the Purchaser’s document custodian upon request of the Purchaser or the Purchaser’s document custodian or when the Servicers need therefor no longer exists. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller or its designee Purchaser’s document custodian when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Purchaser’s Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser’s document custodian a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser’s Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Custodial Account, the servicing receipt shall be released by the Seller Purchaser’s document custodian to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, instru ments subject to Section 5.01 hereof. The Servicer shall remit to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser shall 135 maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee by an Officers' Certificate in the form of Exhibit J attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release (or cause the Custodian to release) the related Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable by the Servicer and shall not be reimbursed from the Principal and Interest Account or the Collection Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt signed certification in the form of Exhibit J attached hereto signed, by a Servicing Officer, promptly release or cause the Custodian to promptly release the requested portion of the related Mortgage File held by the Seller or its designee any document therein to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File or any document released therefrom to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released promptly by the Seller Trustee to the PurchaserServicer. The Trustee shall promptly execute and deliver to the Servicer any legal notices, court pleadings, requests for trustee's sale in respect of a Mortgaged Property or any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will promptly sign and deliver, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage, and such inadvertent satisfaction or release of such Mortgage remains uncured or uncorrected for more than (5) Business Days after the date of such inadvertent satisfaction or release, or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Exh 9-15 Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company shall cause the Servicer to immediately notify the Purchaser that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five Business Days after receipt of such information , release or cause to be released to the Servicer, the related Mortgage Loan Documents and, upon its receipt of such documents, the Company shall cause the Servicer to promptly prepare and deliver to the Purchaser the requisite satisfaction or release. No later than five (5) Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Servicer the release or satisfaction properly executed by the owner of record of the Seller applicable mortgage or Seller's custodian, prepare and process its duly appointed attorney in fact. No expense incurred in connection with any required instrument of satisfaction or release deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Company shall cause the Servicer to, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Company shall cause the Servicer to maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy or Lender Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller a certificate of Purchaser a Servicing Officer Officer's Certificate certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer Officer's Certificate stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the interim servicing or foreclosure of the any Mortgage Loan, including for this purpose collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the related Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynon?judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser in writing which shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. Upon receipt of such request, the Purchaser or its designee shall within five (5) Business Days release the related Mortgage Loan Documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. With respect to any MERS Mortgage Loan, the Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Mortgage Purchaser, any and notify Purchaser as provided all instruments of satisfaction or cancellation or of partial or full release. No expense incurred in this Exhibit. Seller connection with any instrument of satisfaction or deed of reconveyance shall indemnify Purchaser for any out-of-pocket expenses that be chargeable to the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then unpaid principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or Purchaser's designee of a servicing receipt signed by a Servicing Officer, release or cause to be released the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders or the Certificate Insurer may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instruments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee or the Custodian on behalf of the Trustee by an Officers' Certificate in the form of Exhibit B attached to the Custodial Agreement (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage File. Upon receipt of such certification and request, the Trustee or the Custodian on behalf of the Trustee shall promptly release the related Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable by the Servicer and shall not be reimbursed from the Principal and Interest Account or the Collection Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee or the Custodian on behalf of the Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee or the Custodian on behalf of the Trustee of a servicing receipt signed certification in the form of Exhibit B attached to the Custodial Agreement signed, by a Servicing Officer, promptly release the requested portion of the related Mortgage File held by the Seller or its designee to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File or any document released therefrom to the Seller Trustee or its designee the Custodian on behalf of the Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person Perso to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released promptly by the Seller Trustee to the PurchaserServicer. The Trustee shall promptly execute and deliver to the Servicer any legal notices, court pleadings, requests for trustee's sale in respect of a Mortgaged Property or any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will promptly sign and deliver, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee the Custodian to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to SECTION 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser or Purchaser's designee shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser's Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company will immediately notify the Purchaser by a certification of a servicing officer of the Company (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related Mortgage documents to the Company and the Company shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Company satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Company, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Company shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance PMI Policy, the Seller Purchaser shall, upon request of the Purchaser Company and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserCompany. Such servicing receipt shall obligate the Purchaser Company to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Company no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Company has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserCompany.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File Loan Documents held by the Seller Purchaser or its designee the Custodian to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit instruments subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 above. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 above insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee (if it holds the related Trustee's Mortgage File) or the Custodian, as the case may be, by an Officers' Certificate in the form of Exhibit I attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 above have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Trustee's Mortgage File. Upon receipt of such certification and request, the Trustee or such Custodian, as the case may be, shall promptly release the related Trustee's Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable only from and to the extent of Servicing Compensation with respect to the related Sub-Pool and shall not be chargeable to the related Principal and Interest Account or the related Certificate Account. With respect to any Mortgage Note released by the Trustee to the Servicer or to any Subservicer in accordance with the terms of this Agreement, other than a release or satisfaction pursuant to the second paragraph of this Section 7.02, prior to such release, the Trustee shall (a) complete all endorsements in blank so that the endorsement reads "Pay to the order of LaSalle National Bank, as Trustee under the Pooling and Servicing Agreement, dated as of September 1, 1997, Series 1997-3" and (b) complete a restrictive endorsement that reads "LaSalle National Bank is the holder of the mortgage note for the benefit of the Certificateholders under the Pooling and Servicing Agreement, dated as of September 1, 1997, Series 1997-3" with respect to those Mortgage Notes currently endorsed "Pay to the order of holder", if any. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt certification in the form of Exhibit I attached hereto signed by a Servicing Officer, release the requested portion of the related Trustee's Mortgage File held by the Seller or its designee any document therein to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Trustee's Mortgage documents File or any document released therefrom to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Net Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account with respect to each Sub-Pool, and remitted to the Trustee for deposit in the related Certificate Account or the Trustee's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Trustee's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Trustee to the PurchaserServicer. The Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will sign and post, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days, or more promptly if needed, of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee, by an Officers' Certificate in the form of Exhibit J attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the applicable Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Trustee's Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release the related Trustee's Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable only from and to the extent of servicing compensation and shall not be chargeable to the Principal and Interest Account or the Certificate Accounts. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt certification in the form of Exhibit J attached hereto signed by a Servicing Officer, release the requested portion of the related Trustee's Mortgage File held by the Seller or its designee to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial applicable Principal and Interest Account and remitted to the Trustee for deposit in the applicable Certificate Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Trustee to the PurchaserServicer. The Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee's sale or other documents necessary to the foreclosure or trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request, that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will sign and post, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the applicable Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Seller otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of and any accrued interest on the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five (5) Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall promptly prepare and deliver to the Purchaser and execute the requisite satisfaction or release. No later than three Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the Seller applicable Mortgage or Seller's custodian, prepare and process its duly appointed attorney in fact. No expense incurred in connection with any required instrument of satisfaction or release deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents Loan Documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, the Servicer will immediately notify the Purchaser or the receipt its designee by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser’s Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Seller Purchaser or Seller's custodian, its designee shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, Purchaserif any, upon then the Servicer shall promptly give written notice thereof to the Purchaser or its designee, and, within 10 Business Days following written demand of Sellertherefor from the Purchaser or its designee to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser’s Account or as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with otherwise directed by the procedures set forth hereinPurchaser. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser’s Mortgage File held by the Seller Purchaser or its designee to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser’s Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser or its designee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser’s Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser or its designee to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Servicer will obtain the portion of the Mortgage file File that is in the possession of the Seller Purchaser or Seller's custodianits designee, prepare and process any required satisfaction or release of the Mortgage and notify the Purchaser as provided in accordance with the provisions of this ExhibitAgreement. Seller shall indemnify The Purchaser agrees to deliver to the Servicer the original Mortgage Note for any out-of-pocket expenses Mortgage Loan not later than three (3) Business Days following its receipt of a notice from the Servicer that such a payment in full has been received or that a notification has been received that such a payment in full shall be made. Such Mortgage Note shall be held by the Purchaser may sustain from Seller's custodian's failure to deliver Servicer, in trust, for the purpose of canceling such Mortgage file Note and delivering the cancelled Mortgage Note to the Mortgagor in a timely mannermanner as and to the extent provided under applicable state law. In If the event Purchaser Mortgage has been recorded in the name of MERS or its designee, the Servicer shall take all necessary action to effect the release of the Mortgage Loan on the records of MERS. If the Servicer grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Servicer otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerthe Purchaser, shall remit to Seller the stated principal balance Purchaser the Stated Principal Balance of the related Mortgage Loan by deposit thereof in the Custodial Account. After the Purchaser has received such remittance, the Servicer shall maintain have the right to pursue any course of action it may have against the Mortgagor with respect to any such Mortgage. The Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller shall insure the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited and shall request delivery to it of the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured File held by the Mortgage Purchaser. The Purchaser shall no later than five (5) Business Days after receipt of such notice and request, release or should Purchaser otherwise prejudice any right Seller may have under cause to be released to the mortgage instrumentsServicer, Purchaser, upon written demand of Seller, shall remit to Seller the stated principal balance of the related Mortgage Loan Documents and, upon its receipt of such documents, the Servicer shall within applicable state guidelines promptly prepare the requisite satisfaction or release and have it recorded in the appropriate land records. Such satisfaction or release shall be recorded within the time frames required by deposit thereof applicable law. If such Mortgage Loan is a MERS Mortgage Loan, the Servicer is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Purchaser, any and all instruments of satisfaction or cancellation or of partial or full release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Servicer has notified the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer notice stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Revolving Credit Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser's Mortgage file that is in File held by the possession Purchaser. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. If the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which materially and adversely affects the value or marketability of a Revolving Credit Loan, or results in a reduction of the coverage under the mortgage instrumentsPurchaser-Paid Mortgage Insurance Policy, if any, then the Servicer shall promptly give written notice thereof to the Purchaser, upon and, within 10 Business Days following written demand of Sellertherefor from the Purchaser to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Revolving Credit Loan by deposit thereof in paying to the Custodial Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Purchaser's Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Revolving Credit Loan, including for this purpose collection under any Primary Purchaser-Paid Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser's Mortgage File held by the Seller Purchaser or its designee to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Revolving Credit Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Revolving Credit Loan have been deposited in the Custodial Collection Account or the Purchaser's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Revolving Credit Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee, by an Officers' Certificate in the form of Exhibit J attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the applicable Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Trustee's Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release the related Trustee's Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable only from and to the extent of servicing compensation and shall not be chargeable to the Principal and Interest Account or the Certificate Accounts. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt certification in the form of Exhibit J attached hereto signed by a Servicing Officer, release the requested portion of the related Trustee's Mortgage File held by the Seller or its designee to the PurchaserServicer, and the Trustee shall execute such documents as shall be necessary to the prosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents File to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial applicable Principal and Interest Account and remitted to the Trustee for deposit in the applicable Certificate Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non- judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Trustee to the PurchaserServicer. The Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee's sale or other documents necessary to the foreclosure or trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request, that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will sign and post, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the applicable Principal and Interest Account.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller The Servicer shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants not grant a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser otherwise prejudice any right Seller the Certificateholders may have under the mortgage instruments, Purchaser, upon written demand of Seller, shall remit subject to Seller the stated principal balance of the related Mortgage Loan by deposit thereof in the Custodial AccountSection 5.01 hereof. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit Section 5.09 insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Trustee, by an Officers' Certificate in the form of Exhibit J attached hereto (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Principal and Interest Account pursuant to Section 5.03 have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Trustee's Mortgage File. Upon receipt of such certification and request, the Trustee shall promptly release the related Trustee's Mortgage File to the Servicer. Expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be payable only from and to the extent of servicing compensation and shall not be chargeable to the Principal and Interest Account or the Certificate Account. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policyprimary mortgage guaranty insurance policy, the Seller Trustee shall, upon request of the Purchaser Servicer and delivery to the Seller Trustee of a servicing receipt certification in the form of Exhibit J attached hereto signed by a Servicing Officer, release the requested portion of the related Trustee's Mortgage File held to the Servicer, and the Trustee and the FHA Custodian shall execute such documents furnished by the Seller or its designee Servicer as shall be necessary to the Purchaserprosecution of any such proceedings. Such servicing receipt shall obligate the Purchaser Servicer to return the related Trustee's Mortgage documents File to the Seller or its designee Trustee when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Principal and Interest Account and remitted to the Trustee for deposit in the Certificate Account or the Trustee's Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Trustee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Trustee's Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Trustee to the PurchaserServicer. The Trustee upon the request of the Servicer and receipt of the applicable documents by the Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee's sale or other documents necessary to the foreclosure or trustee's sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Together with such documents or pleadings, the Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee's sale. The Trustee shall, upon receipt of a written request from a Servicing Officer, execute any document provided to the Trustee by the Servicer or take any other action requested in such request, that is, in the opinion of the Servicer as evidenced by such request, required by any state or other jurisdiction to discharge the lien of a Mortgage upon the satisfaction thereof and the Trustee will sign and post, but will not guarantee receipt of, any such documents to the Servicer, or such other party as the Servicer may direct, within five Business Days of the Trustee's receipt of such certificate or documents. Such certificate or documents shall establish to the Trustee's satisfaction that the related Mortgage Loan has been paid in full by or on behalf of the Mortgagor and that such payment has been deposited in the Principal and Interest Account. Notwithstanding anything in this Agreement to the contrary, all requests for release, and certificates of the Servicer relating to releases of the related Trustee's Mortgage Files shall be delivered by the Servicer to FUNB, which shall forward such requests to the Trustee, and all releases of Trustee's Mortgage Files shall be made by delivery of such files by the Trustee to FUNB, which shall be responsible for delivering such files to the Servicer or its designee. The Trustee shall not be liable for FUNB's failure or delay in forwarding a request for release to the Trustee or for FUNB's failure or delay in delivering a Trustee's Mortgage File to the Servicer or its designee or returning such file to the Trustee.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-non judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will notify the Purchaser in the Monthly Remittance Advice that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession of Purchaser. If the Seller Servicer satisfies or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instrumentsMortgage Loan Documents, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit within two (2) Business Days to Seller the stated principal balance Purchaser the then Principal Balance of the related Mortgage Loan Loan, plus unpaid accrued interest thereon, net of any outstanding Advances (of Scheduled Payments or Servicing Advances) by deposit thereof in the Custodial Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the Servicer. The Servicer shall indemnify the Purchaser, and its designee, from and against any and all losses, claims, damages, penalties, fines, forfeitures, costs and expenses (including court costs and reasonable attorney's fees) resulting from or related to the loss, damage or misplacement of any documentation delivered to the Servicer pursuant to this paragraph.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt Servicer will immediately notify the Purchaser by Purchaser a certification of a notification Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in full the Collection Account pursuant to Section 5.04 have been or will be escrowed in a manner customary for such purposes, Purchaser will obtain the portion so deposited and shall request delivery to it of the Purchaser’s Mortgage file that is in File held by the possession Purchaser or its designee. Upon receipt of such certification and request, the Seller or Seller's custodian, Purchaser shall promptly release the related mortgage documents to the Servicer and the Servicer shall promptly prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely manner. In the event Purchaser grants a satisfaction or release deed of reconveyance shall be chargeable to the Collection Account. With the exception of short sales, if the Servicer satisfies or releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage Mortgage, or should Purchaser it otherwise prejudice any right Seller may have take such action which results in a reduction of the coverage under the mortgage instrumentsPrimary Insurance Policy, Purchaserif any, upon then the Servicer shall promptly give written notice thereof to the Purchaser or its designee, and, within 5 Business Days following written demand of Sellertherefor from the Purchaser or its designee to the Servicer, the Servicer shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan by deposit thereof in paying to the Custodial Securities Administrator as designee of the Purchaser the Repurchase Price therefor by wire transfer of immediately available funds directly to the Collection Account. Purchaser shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Purchaser’s Mortgage File held by the Seller Purchaser or its designee to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Collection Account or the Purchaser’s Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judiciallynonjudicially, and the Purchaser Servicer has delivered to the Seller Purchaser or its designee a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Purchaser’s Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidatedliquidated and the Liquidation Proceeds were deposited in the Collection Account, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a Servicing Officer, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall promptly prepare and deliver to the Purchaser and execute the requisite satisfaction or release. No later than three Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the Seller applicable Mortgage or Seller's custodian, prepare and process its duly appointed attorney in fact. No expense incurred in connection with any required instrument of satisfaction or release deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within two Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser or its designee shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser or its designee of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents Loan Documents to the Seller Purchaser or its designee when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification, which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 4.04 have been or will obtain be so deposited, of a Servicing Officer and shall request delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser. The Purchaser shall no later than five Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall promptly prepare and deliver to the Purchaser the requisite satisfaction or release. No later than three Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the Seller applicable Mortgage or Seller's custodian, prepare and process its duly appointed attorney in fact. No expense incurred in connection with any required instrument of satisfaction or release deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerCustodial Account. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit within two Business Days to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing service or foreclosure of the Mortgage Loan, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the any Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File Loan Documents held by the Seller Purchaser or its designee the Custodian to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller will immediately notify the Purchaser by a certification of a servicing officer of the Seller (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Purchaser, shall promptly release the related mortgage documents to the Seller or Seller's custodian, and the Seller shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Seller satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Seller, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Seller shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy or LPMI Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser the Company will obtain the portion of request the Mortgage file File that is in the possession of the Seller or Seller's custodianPurchaser, prepare and process any required satisfaction or release of the Mortgage and notify the Purchaser as provided in accordance with the provisions of this ExhibitAgreement. Seller shall indemnify The Purchaser agrees to deliver to the Company the original Mortgage Note and any additional documents or information appropriate or necessary to enable the Company to fulfill its duties with respect to this Section 6.02, for any out-of-pocket expenses Mortgage Loan not later than five (5) Business Days following its receipt of a notice from the Company that such payment in full has been received or that a notification has been received that such a payment in full shall be made. Such Mortgage Note shall be held by the Purchaser may sustain from Seller's custodian's failure to deliver Company, in trust, until the loan has been paid in full, after which time the Company shall cancel such Mortgage file Note and deliver the canceled Mortgage Note to the Mortgagor in a timely mannermanner to the extent provided under any applicable federal or state law. In The Company shall not be liable for any penalties incurred as a result of untimely completion of the event Purchaser grants a satisfaction satisfactions or release releases of Mortgage due to the Purchaser's noncompliance with the delivery requirements of this Section 6.02 or due to delays by individuals executing satisfactions or releases of Mortgage on behalf of the Purchaser. If the Company satisfies or releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Company otherwise prejudice any right Seller rights the Purchaser may have under the mortgage instruments, Purchaser, upon written demand of Sellerthe Purchaser, the Company shall remit to Seller the stated principal balance of repurchase the related Mortgage Loan at the Repurchase Price by deposit thereof in the Custodial AccountAccount within 2 Business Days of receipt of such demand by the Purchaser. Purchaser The Company shall maintain the Fidelity Bond and errors Errors and omissions insurance Omissions Insurance Policy as provided for in this Exhibit Section 4.12 insuring Seller the Company against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, the Seller shall, upon request of the Purchaser and delivery to the Seller of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee to the Purchaser. Such servicing receipt shall obligate the Purchaser to return the related Mortgage documents to the Seller or its designee when the need therefor by the Purchaser no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller to the Purchaser.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Seller of a notification that payment in full will be escrowed in a manner customary for such purposes, the Seller shall notify the Purchaser will obtain the portion of the Mortgage file that is in the possession of the Seller or Seller's custodian, prepare and process any required satisfaction or release of the Mortgage and notify Purchaser monthly remittance advice as provided in Section 6.02, and may request the release of any Mortgage Loan Documents from the Purchaser in accordance with this ExhibitSection 7.02. The Purchaser shall no later than five (5) Business Days after receipt of such certification and request, release or cause to be released to the Seller, the related Mortgage Loan Documents and, upon its receipt of such documents, the Seller shall indemnify Purchaser for any out-of-pocket expenses that promptly prepare and deliver to the Purchaser may sustain from Seller's custodian's failure the requisite satisfaction or release. No later than three (3) Business Days following its receipt of such satisfaction or release, the Purchaser shall deliver, or cause to deliver be delivered, to the Seller the release or satisfaction properly executed by the owner of record of the applicable Mortgage or its duly appointed attorney in fact. If such Mortgage file in Loan is a timely manner. In MERS Mortgage Loan, the event Purchaser grants a Seller is authorized to cause the removal from the registration on the MERS System of such Mortgage and to execute and deliver, on behalf of the Purchaser, any and all instruments of satisfaction or release cancellation or of partial or full release. If the Seller satisfies or releases a Mortgage without first having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser the Seller otherwise prejudice any right Seller rights the Purchaser may have under the mortgage instruments, Purchaserthe Seller shall deposit into the Custodial Account the then outstanding principal balance, upon written demand of Sellerplus all accrued interest on such Mortgage Loan, shall remit to Seller on the stated principal balance of day preceding the related Mortgage Loan by deposit thereof Remittance Date in the Custodial Accountmonth following the date of such release. Purchaser The Seller shall maintain the Fidelity Bond and errors Errors and omissions insurance Omissions Insurance Policy as provided for in this Exhibit Section 5.13 insuring the Seller against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage LoanLoans, including for this the purpose of collection under any Primary Mortgage Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Seller and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserSeller. Such servicing receipt shall obligate the Purchaser Seller to return the related such Mortgage documents Loan Documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Seller no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Seller has delivered to the Seller a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate Purchaser an Officer’s Certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserSeller.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser Option One of a notification that payment in full will be escrowed in a manner customary for such purposes, Purchaser Option One will obtain immediately notify the Purchaser, or its custodian or designee, by a certification of a servicing officer of Option One (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Section 11.05 have been or will be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller Purchaser, or Seller's custodianits custodian or designee, shall promptly release, or cause to be released, the related mortgage documents to Option One and Option One shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction Option One satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, PurchaserOption One, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser Option One shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller Option One against any loss it they may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including for this purpose collection under any Primary Insurance Policy, if any, the Seller Purchaser, or its custodian, shall, upon request of the Purchaser Option One and delivery to the Seller Purchaser, or its custodian, of a servicing receipt signed by a Servicing Officer, release the requested portion portion, or all of the Mortgage File held by the Seller Purchaser, or its designee custodian, to the PurchaserOption One. Such servicing receipt shall obligate the Purchaser Option One to return the related Mortgage documents Files to the Seller or its designee Purchaser when the need therefor by the Purchaser Option One no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Option One has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserOption One.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Interim Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Interim Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Interim Servicer (a "Servicing Officer"), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser's designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Interim Servicer and the Interim Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Interim Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage, and such inadvertent satisfaction or release of such Mortgage remains uncured or uncorrected for more than (5) Business Days after the date of such inadvertent satisfaction or release, or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Interim Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Interim Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Interim Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser Exh 9-15 shall, upon request of the Purchaser Interim Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller or its designee Purchaser to the PurchaserInterim Servicer. Such servicing receipt shall obligate the Purchaser Interim Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Interim Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Interim Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserInterim Servicer.

Satisfaction of Mortgages and Release of Mortgage Files. Upon the payment in full of any Mortgage Loan, or the receipt by Purchaser the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will immediately notify the Purchaser by a certification of a servicing officer of the Servicer (a “Servicing Officer”), which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Custodial Account pursuant to Subsection 11.04 have been or will obtain be so deposited, and shall request execution of any document necessary to satisfy the Mortgage Loan and delivery to it of the portion of the Mortgage file that is in File held by the possession Purchaser or the Purchaser’s designee. Upon receipt of such certification and request, the Seller or Seller's custodianPurchaser, shall promptly release the related mortgage documents to the Servicer and the Servicer shall prepare and process any required satisfaction or release release. No expense incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Mortgage and notify Purchaser as provided in this Exhibit. Seller shall indemnify Purchaser for any out-of-pocket expenses that Custodial Account or the Purchaser may sustain from Seller's custodian's failure to deliver such Mortgage file in a timely mannerPurchaser. In the event Purchaser grants a satisfaction the Servicer satisfies or release of releases a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage or should Purchaser it otherwise prejudice any right Seller the Purchaser may have under the mortgage instruments, Purchaserthe Servicer, upon written demand of Sellerdemand, shall remit to Seller the stated Purchaser the then outstanding principal balance of the related Mortgage Loan by deposit thereof in the Custodial Account. Purchaser The Servicer shall maintain the Fidelity Bond and errors and omissions insurance as provided for in this Exhibit fidelity bond insuring Seller the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein. From time to time and as appropriate for the servicing or foreclosure of the Mortgage Loan, including including, for this purpose purpose, collection under any Primary Insurance Policy, the Seller Purchaser shall, upon request of the Purchaser Servicer and delivery to the Seller Purchaser of a servicing receipt signed by a Servicing Officer, release the requested portion of the Mortgage File held by the Seller Purchaser or its designee the Custodian to the PurchaserServicer. Such servicing receipt shall obligate the Purchaser Servicer to return the related Mortgage documents to the Seller or its designee Purchaser when the need therefor by the Purchaser Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Custodial Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Purchaser Servicer has delivered to the Seller Purchaser a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated, the servicing receipt shall be released by the Seller Purchaser to the PurchaserServicer.