Common use of Servicer's Responsibilities Clause in Contracts

Servicer's Responsibilities. In addition to any other obligations set forth herein, upon acquisition of each REO, the Servicer shall be responsible for: (a) managing, maintaining, securing and, where applicable, renting such REO until it is conveyed or sold; (b) inspecting such REO at least once every 30 days and promptly sending the Master Servicer an updated Property Inspection Report upon request; (c) paying all taxes, insurance, maintenance, management and foreclosure costs relating to such REO; (d) submitting recommendations for listing and soliciting offers on such REO; (e) marketing such REO; (f) completing the sale of such REO; (g) depositing sales proceeds relating to such REO into the appropriate Custodial P&I Account for remittance to the Trustee; (h) where applicable, satisfying all of the Primary Mortgage Insurer's procedural requirements and filing all required forms and claims; (i) where applicable, depositing Primary Mortgage Insurance or Pool Insurance proceeds relating to such REO into the applicable Custodial P&I Account for remittance to the Trustee; and (j) processing the conveyance of such REO to the Primary Mortgage Insurer, where applicable.

Servicer's Responsibilities. In addition to any other obligations set forth herein, upon acquisition of each REO, the Servicer shall be responsible for: (a) managing, maintaining, securing and, where applicable, renting such REO until it is conveyed or sold; (b) inspecting such REO at least once every 30 days and promptly sending the Master Servicer an updated Property Inspection Report upon request; (c) paying all taxes, insurance, maintenance, management and foreclosure costs relating to such REO; (d) submitting recommendations for listing and soliciting offers on such REO; (e) marketing such REO; (f) completing the sale of such REO; (g) depositing sales proceeds relating to such REO into the appropriate Custodial P&I Account for remittance to the Trustee; (h) where applicable, satisfying all of the Primary Mortgage Insurer's procedural requirements and filing all required forms and claims; (i) where applicable, depositing Primary Mortgage Insurance or Pool Insurance proceeds relating to such REO into the applicable Custodial P&I Account for remittance to the Trustee; and; (j) processing the conveyance of such REO to the Primary Mortgage Insurer, where applicable; and (k) reporting (1) all changes in status of such REO and (2) all material expenses relating to such REO to the Master Servicer on a monthly basis.

Servicer's Responsibilities. In addition to any other obligations set forth herein, upon acquisition of each REO, the Servicer shall be responsible for: (a) managing, maintaining, securing and, where applicable, renting such REO until it is conveyed or sold; (b) inspecting such REO at least once every 30 days and promptly sending the Master Servicer an updated Property Inspection Report upon request; (c) paying all taxes, insurance, maintenance, management and foreclosure costs relating to such REO; (d) submitting recommendations for listing and soliciting offers on such REO; (e) marketing such REO;; ( (f) completing the sale of such REO; (g) depositing sales proceeds relating to such REO into the appropriate Custodial P&I Account for remittance to the Trustee; (h) where applicable, satisfying all of the Primary Mortgage Insurer's procedural requirements and filing all required forms and claims; (i) where applicable, depositing Primary Mortgage Insurance or Pool Insurance proceeds relating to such REO into the applicable Custodial P&I Account for remittance to the Trustee; and; (j) processing the conveyance of such REO to the Primary Mortgage Insurer, where applicable; and (k) reporting (1) all changes in status of such REO and (2) all material expenses relating to such REO to the Master Servicer on a monthly basis.

Servicer's Responsibilities. In addition to any other obligations set forth herein, upon acquisition of each REO, the Servicer shall be responsible for: (a) managing, maintaining, securing and, where applicable, renting such REO until it is conveyed or sold; (b) inspecting such REO at least once every 30 days and promptly sending the Master Servicer an updated Property Inspection Report upon request; (c) paying all taxes, insurance, maintenance, management and foreclosure costs relating to such REO; (d) submitting recommendations for listing and soliciting offers on such REO; (e) marketing such REO; (f) completing the sale of such REO; (g) depositing sales proceeds relating to such REO into the appropriate Custodial P&I Account for remittance to the Trustee; (h) where applicable, satisfying all of the Primary Mortgage Insurer's ’s procedural requirements and filing all required forms and claims; (i) where applicable, depositing Primary Mortgage Insurance or Pool Insurance proceeds relating to such REO into the applicable Custodial P&I Account for remittance to the Trustee; and; (j) processing the conveyance of such REO to the Primary Mortgage Insurer, where applicable; and (k) reporting (1) all changes in status of such REO and (2) all material expenses relating to such REO to the Master Servicer on a monthly basis.