Common use of SERVICING OF THE TRANSFERRED MORTGAGE LOANS Clause in Contracts

SERVICING OF THE TRANSFERRED MORTGAGE LOANS. Section 3.01 Special Servicer to Service. 16 Section 3.02 Collection and Liquidation of Transferred Mortgage Loans. 18 Section 3.03 Establishment of and Deposits to Custodial Account. 19 Section 3.04 Permitted Withdrawals From Custodial Account. 21 Section 3.05 Establishment of and Deposits to Escrow Account. 22 Section 3.06 Permitted Withdrawals From Escrow Account. 22 Section 3.07 Notification of Adjustments. 23 Section 3.08 Completion and Recordation of Assignments of Mortgage. 24 Section 3.09 Payment of Taxes, Insurance and Other Charges. 24 Section 3.10 Protection of Accounts. 25 Section 3.11 Maintenance of Hazard Insurance. 25 Section 3.12 Maintenance of Mortgage Impairment Insurance. 27 Section 3.13 Maintenance of Fidelity Bond and Errors and Omissions Insurance. 28 Section 3.14 Inspections. 28 Section 3.15 Restoration of Mortgaged Property. 28 Section 3.16 Maintenance of PMI and/or LPMI Policy; Claims. 29 Section 3.17 Title, Management and Disposition of REO Property. 31 Section 3.18 Real Estate Owned Reports. 33 Section 3.19 Liquidation Reports. 33 Section 3.20 Reports of Foreclosures and Abandonments of Mortgaged Property. 33 Section 3.21 Prepayment Charges. 33 Section 3.22 Compliance with Safeguarding Customer Information Requirements. 34 Section 3.23 Reserved. 34 Section 3.24 Advance Facility 34 Section 3.25 MERS. 37

SERVICING OF THE TRANSFERRED MORTGAGE LOANS. Section 3.01 Special Servicer to Service. Service 16 Section 3.02 Collection and Liquidation of Transferred Mortgage Loans. Loans 18 Section 3.03 Establishment of and Deposits to Custodial Account. Account 19 Section 3.04 Permitted Withdrawals From Custodial Account. Account 21 Section 3.05 Establishment of and Deposits to Escrow Account. Account 22 Section 3.06 Permitted Withdrawals From Escrow Account. Account 22 Section 3.07 Notification of Adjustments. Adjustments 23 Section 3.08 Completion and Recordation of Assignments of Mortgage. Mortgage 24 Section 3.09 Payment of Taxes, Insurance and Other Charges. Charges 24 Section 3.10 Protection of Accounts. Accounts 25 Section 3.11 Maintenance of Hazard Insurance. Insurance 25 Section 3.12 Maintenance of Mortgage Impairment Insurance. Insurance 27 Section 3.13 Maintenance of Fidelity Bond and Errors and Omissions Insurance. Insurance 28 Section 3.14 Inspections. Inspections 28 Section 3.15 Restoration of Mortgaged Property. Property 28 Section 3.16 Maintenance of PMI and/or LPMI Policy; Claims. Claims 29 Section 3.17 Title, Management and Disposition of REO Property. Property 31 Section 3.18 Real Estate Owned Reports. Reports 33 Section 3.19 Liquidation Reports. Reports 33 Section 3.20 Reports of Foreclosures and Abandonments of Mortgaged Property. Property 33 Section 3.21 Prepayment Charges. Charges 33 Section 3.22 Compliance with Safeguarding Customer Information Requirements. Requirements 34 Section 3.23 Reserved. Reserved 34 Section 3.24 Advance Facility 34 Section 3.25 MERS. MERS 37