Common use of Servicer to Service Mortgage Loans Clause in Contracts

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 Section 3.04 [Reserved]...................................................56 Section 3.05 Trustee to Act as Servicer...................................56 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies...........................................

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 Section 3.03 85 SECTION 3.02. Servicing and Subservicing; Enforcement of the Obligations of Servicer................................ 87 SECTION 3.03. Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 Section 3.04 [Reserved]...................................................56 Section 3.05 ........................................ 88 SECTION 3.04. Trustee to Act as Servicer...................................56 Section 3.06 ............................. 88 SECTION 3.05. Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 Section 3.07 ........................... 89 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Section 3.08 ........................................ 92 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 ........................... 92 SECTION 3.08. Permitted Withdrawals from the Collection Account and Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 .................................... 93 SECTION 3.09. [RESERVED]............................................. 95 SECTION 3.10. Maintenance of Hazard Insurance........................ 95 SECTION 3.11. Enforcement of Due-On-Sale Clauses; Maintenance of Primary Insurance Policies...........................................Assumption Agreements............................................. 96 -i- TABLE OF CONTENTS (continued)

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 Section 3.03 46 SECTION 3.02. Servicing and Subservicing; Enforcement of the Obligations of Servicer.................................................................... 47 SECTION 3.03. Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 Section 3.04 [Reserved]...................................................56 Section 3.05 .................................................................... 48 SECTION 3.04. Trustee to Act as Servicer...................................56 Section 3.06 .................................................. 48 SECTION 3.05. Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 Section 3.07 ......................................................... 49 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Section 3.08 .................................................................... 52 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 .............................................................. 52 SECTION 3.08. Permitted Withdrawals from the Collection Account and Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.................................................................................................... 53 SECTION 3.09. [RESERVED].................................................................. 55

Servicer to Service Mortgage Loans. 55 51 Section 3.02 [Reserved]...................................................55 ........................................................................................52 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ................................52 Section 3.04 [Reserved]...................................................56 ........................................................................................52 Section 3.05 Trustee to Act as Servicer...................................56 ........................................................................52 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ...................52 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ...............................55 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ......................55 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account...................56 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies...................................................................57

Servicer to Service Mortgage Loans. 55 38 Section 3.02 [Reserved]...................................................55 Subservicing; Enforcement of the Obligations of Servicer................................ 39 Section 3.03 Fidelity Bond; Errors and Omissions Insurance........................................... 40 Section 3.04 Access to Certain Documentation......................................................... 40 Section 3.05 Maintenance of Primary Mortgage Insurance Policy; Claims................................ 41 Section 3.06 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ...................... 41 Section 3.04 [Reserved]...................................................56 Section 3.05 3.07 Trustee to Act as Servicer...................................56 .............................................................. 42 Section 3.06 3.08 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Servicer Custodial Account; and Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ................................................................................ 42 Section 3.07 3.09 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ..................... 45 Section 3.08 3.10 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies....................................................... 46

Servicer to Service Mortgage Loans. 55 49 Section 3.02 [Reserved]...................................................55 3.2 Subservicing; Enforcement of the Obligations of Servicers...........................................51 Section 3.03 3.3 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ..................................51 Section 3.04 [Reserved]...................................................56 Section 3.05 Trustee 3.4 Master Servicer to Act as Servicer...................................56 ..................................................................51 Section 3.06 3.5 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ......................52 Section 3.07 3.6 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 .................................55 Section 3.08 3.7 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ........................55 Section 3.09 3.8 Permitted Withdrawals from the Certificate Collection Account, the Distribution Master Servicer Custodial Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account.........................................................56 Section 3.10 3.9 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies..........................57 Section 3.10 Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................................59 Section 3.11 Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans.....................60 Section 3.12 Trustee to Cooperate; Release of Mortgage Files.....................................................64

Servicer to Service Mortgage Loans. 55 51 Section 3.02 [Reserved]...................................................55 ........................................................................................52 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ................................52 Section 3.04 [Reserved]...................................................56 ........................................................................................52 Section 3.05 Trustee to Act as Servicer...................................56 ........................................................................52 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ...................52 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ...............................55 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ......................56 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account...................56 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies...................................................................57

Servicer to Service Mortgage Loans. 55 3 Section 3.02 [Reserved]...................................................55 Section 3.03 Rights 2.02. Subservicing; Enforcement of the Depositor Obligations of Servicers.....................................5 Section 2.03. Fidelity Bond; Errors and the Trustee in Respect Omissions Insurance.................................................6 Section 2.04. Access to Certain Documentation...............................................................6 Section 2.05. Maintenance of the Servicer.....................................................55 Primary Mortgage Insurance Policy; Claims......................................6 Section 3.04 [Reserved]...................................................56 Section 3.05 Trustee 2.06. Master Servicer to Act as Servicer...................................56 ............................................................7 Section 3.06 2.07. Collection of Mortgage Loan Payments; Servicing Accounts; Collection Payments and BANA Custodial Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ...............................8 Section 3.07 2.08. Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Account...........................10 Section 3.08 2.09. Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 .................11 Section 3.09 2.10. Permitted Withdrawals from the Certificate BANA Custodial Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 ........................................11 Section 3.10 2.11. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.......................................................................................................

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 ............................................................................56 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ....................56 Section 3.04 [Reserved]...............................................................................................................................56 Section 3.05 Trustee to Act as Servicer...............................................................................................56 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Supplemental Interest Trust; Supplemental Interest Reserve Funds.....................Fund....................................................56 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts........................................................................60 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.................................................

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 ............................................................................56 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ....................56 Section 3.04 [Reserved]...............................................................................................................................56 Section 3.05 Trustee to Act as Servicer...............................................................................................56 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Supplemental Interest Trust; Supplemental Interest Reserve Funds.....................Fund....................................56 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts........................................................................60 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies...................................................

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 Section 3.03 SECTION 3.02. Servicing and Subservicing; Enforcement of the Obligations of Servicer....... 57 SECTION 3.03. Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 Section 3.04 [Reserved]...................................................56 Section 3.05 ........... 58 SECTION 3.04. Trustee to Act as Servicer...................................56 Section 3.06 ................................................... 58 SECTION 3.05. Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 Section 3.07 ...................................................................... 59 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Section 3.08 .......... 62 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 ........................................................................ 63 SECTION 3.08. Permitted Withdrawals from the Collection Account and Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies............................................... 63 SECTION 3.09. [RESERVED]................................................................... 65 TABLE OF CONTENTS (continued)

Servicer to Service Mortgage Loans. 55 44 Section 3.02 [Reserved]...................................................55 .........................................................................................45 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 .................................45 Section 3.04 [Reserved]...................................................56 .........................................................................................45 Section 3.05 Trustee to Act as Servicer...................................56 .........................................................................45 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ......................................................................45 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ................................49 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 .......................49 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account....................50 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies....................................................................51

Servicer to Service Mortgage Loans. 55 61 Section 3.02 [Reserved]...................................................55 ..............................................61 Section 3.03 Rights of the Depositor Depositor, the Trustee and the Trustee Certificate Insurer in Respect of the Servicer.....................................................55 ..........61 Section 3.04 [Reserved]...................................................56 ..............................................62 Section 3.05 Trustee to Act as Servicer...................................56 ..............................62 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ...........................63 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ..................................66 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ............................66 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account....................66 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.........................................................................68

Servicer to Service Mortgage Loans. 55 Section 3.02 [Reserved]...................................................55 Section 3.03 59 SECTION 3.02. Servicing and Subservicing; Enforcement of the Obligations of Servicer............. 60 SECTION 3.03. Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 Section 3.04 [Reserved]...................................................56 Section 3.05 ................. 61 SECTION 3.04. Trustee to Act as Servicer...................................56 Section 3.06 ......................................................... 61 SECTION 3.05. Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 Section 3.07 ...... 62 SECTION 3.06. Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 Section 3.08 ................ 65 SECTION 3.07. Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 Section 3.09 ....... 65 SECTION 3.08. Permitted Withdrawals from the Collection Account and Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Section 3.10 .......... 65 SECTION 3.09. [RESERVED]......................................................................... 67 SECTION 3.10. Maintenance of Hazard Insurance.................................................... 67 SECTION 3.11. Enforcement of Due-On-Sale Clauses; Maintenance of Primary Insurance Policies...........................................Assumption Agreements.......................... 68

Servicer to Service Mortgage Loans. 55 51 Section 3.02 [Reserved]...................................................55 ............................................................52 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ..............................................................52 Section 3.04 [Reserved]...................................................56 ............................................................52 Section 3.05 Trustee to Act as Servicer...................................56 ............................................52 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 .........52 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 ..............................................................55 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ........................................................56 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account..................................................56 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies...............................................................................................58

Servicer to Service Mortgage Loans. 55 51 Section 3.02 [Reserved]...................................................55 ..........................................................................52 Section 3.03 Rights of the Depositor and the Trustee in Respect of the Servicer.....................................................55 ..................52 Section 3.04 [Reserved]...................................................56 ..........................................................................52 Section 3.05 Trustee to Act as Servicer...................................56 ..........................................................52 Section 3.06 Collection of Mortgage Loan Payments; Servicing Accounts; Collection Account; Certificate Account; Distribution Account; Yield Maintenance Reserve Funds.....................56 ................................................................52 Section 3.07 Collection of Taxes, Assessments and Similar Items; Escrow Accounts.....................................................60 .................55 Section 3.08 Access to Certain Documentation and Information Regarding the Mortgage Loans...........................................60 ......................................................................56 Section 3.09 Permitted Withdrawals from the Certificate Account, the Distribution Account and the Yield Maintenance Reserve Funds........................................................61 Distribution Account.............................................................................56 Section 3.10 Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.......................................................................................................................57