Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 5 contracts
Sources: Master Servicing and Trust Agreement (Gs Mortgage Sec Corp Mortgage Pass THR Certs Ser 2004-2f), Trust Agreement (GSR Mortgage Loan Trust 2004-15f), Trust Agreement (Gs Mortgage Sec Corp Mort Pass THR Certs Ser 2004-3f)
Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to the existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 5 contracts
Sources: Trust Agreement (GSR Mortgage Loan Trust 2004-14), Trust Agreement (GSR Mortgage Loan Trust 2004-14), Trust Agreement (GSR Mortgage Loan Trust 2004-11)
Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee. LaSalle Bank, N.A., as custodian under that certain custodial agreement dated as of April 1, 2004, between GSMC and LaSalle Bank, N.A. and regarding certain Mortgage Loans, will deliver to the Trust a custody receipt representing that it possesses the requisite mortgage loan documents for such Mortgage Loans.
Appears in 3 contracts
Sources: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (GS Mortgage GSR Loan Trust 2004-10f), Trust Agreement (GSR Mortgage Loan Trust 2005-1f)
Standard Terms. The Depositor, the Trustee, each Custodian, the Securities Administrator, the Custodian Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the each Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of each of the Custodian Custodians and agrees to deliver, or cause to be delivered, to each applicable Custodian the Custodian all applicable Mortgage Loan documents that are to be included in the respective Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the each Custodian acknowledge that, pursuant to any existing Custodial Agreements entered into between the a Custodian and predecessors in interest of the Depositor, the Custodian such ▇▇▇▇▇▇▇▇▇ previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each such Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 2 contracts
Sources: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2006-Ar1), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar5)
Standard Terms. The Depositor, the Trustee, the Securities AdministratorCustodian, the Custodian Securities Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to the existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 2 contracts
Sources: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar1), Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar2)
Standard Terms. The Depositor, the Trustee, each Custodian, the Securities Administrator, the Custodian Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the each Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of each of the Custodian Custodians and agrees to deliver, or cause to be delivered, to each applicable Custodian the Custodian all applicable Mortgage Loan documents that are to be included in the respective Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the each Custodian acknowledge that, pursuant to any existing Custodial Agreements entered into between the a Custodian and predecessors in interest of the Depositor, the Custodian such ▇▇▇▇▇▇▇▇▇ previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each such Custodial Agreement (but solely with respect to the related Mortgage Loans) to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 2 contracts
Sources: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2007-Ar1), Master Servicing and Trust Agreement (GSR 2006-Ar2)
Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee. Deutsche Bank National Trust Company, as custodian under that certain custodial agreement dated as of December 1, 2004, between GSMC and Deutsche Bank National Trust Company and regarding certain Mortgage Loans, will deliver to the Trust a custody receipt representing that it possesses the requisite mortgage loan documents for such Mortgage Loans.
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Standard Terms. The Depositor, the Trustee, the Securities AdministratorCustodian, the Custodian Securities Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all the applicable Mortgage Loan documents that are to be included in the respective Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to any existing Custodial Agreements Agreement entered into between the Custodian and predecessors in interest of the Depositor, the such Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each such Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the each Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the each Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the each Custodian and agrees to deliver, or cause to be delivered, to the each Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage LoanLoan for which such Custodian shall act as custodian. The Depositor and the each Custodian acknowledge that, pursuant to existing the Custodial Agreements entered into between the Custodian Agreement and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each hereby assigns the Custodial Agreement to the Trustee and agrees to cause a receipt to be issued in the name of the Trustee. The Securities Administrator hereby agrees to pay the fees and expenses of each Custodian pursuant to the terms of a separate agreement between such Custodian and the Securities Administrator and the payment of such fees and expenses (as set forth in such separate agreement) shall be the sole obligation of the Securities Administrator.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and the Depositor or predecessors in interest of the Depositor, the Custodian previously acted as custodian for the Depositor or such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee; provided that in the case of certain Mortgage Loans covered under the custodial agreement between GSMC, as purchaser and ▇▇▇▇▇ Fargo (as successor in interest to ▇▇▇▇▇ Fargo Bank Minnesota, N.A.), as custodian, such Mortgage Loans shall continue to be held by ▇▇▇▇▇ Fargo, as bailee, pursuant to the bailee letter dated as of May 26, 2005 among ▇▇▇▇▇ Fargo, as bailee, GSMC, as seller and the Custodian, until such time the related Mortgage Loan Files may be transferred to the Custodian pursuant to the terms of such bailee letter.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
Appears in 1 contract
Sources: Master Servicing and Trust Agreement (Gs Mortgage Securites Corp Loan Trust 2003-9)
Standard Terms. The Depositor, the Trustee, each Custodian, the Securities Administrator, the Custodian Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the each Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of each of the Custodian Custodians and agrees to deliver, or cause to be delivered, to each applicable Custodian the Custodian all applicable Mortgage Loan documents that are to be included in the respective Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the each Custodian acknowledge that, pursuant to any existing Custodial Agreements entered into between the a Custodian and predecessors in interest of the Depositor, the Custodian such C▇▇▇▇▇▇▇▇ previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each such Custodial Agreement (but solely with respect to the related Mortgage Loans) to the Trustee and cause a receipt to be issued in the name of the Trustee.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing the Amended and Restated Custodial Agreements entered into between the Custodian Agreement, dated as of April 25, 2005 among GSMC, ▇.▇. ▇▇▇▇▇▇ Trust Company, National Association and predecessors in interest of the DepositorLydian Data Services, the Custodian previously acted as custodian for such the predecessors in interest of the Custodian and that in connection with the formation of the Trust, the Depositor will shall assign each such Custodial Agreement to the Trustee Trustee, solely in respect of those Mortgage Loans to be serviced by ▇▇▇▇ and cause a receipt to be issued in the name of the Trustee.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee. Each of LaSalle Bank, N.A. and U.S. Bank National Association, in their respective capacities as custodian under certain custodial agreements for Mortgage Loans serviced by ABN AMRO and WMSSC, will deliver to the Trust a custody receipt representing that it possesses the requisite Mortgage Loan documents for such Mortgage Loan.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee. LaSalle Bank, N.A., in its capacity as custodian under a custodial agreement for Mortgage Loans serviced by ABN AMRO, will deliver to the Trust a custody receipt representing that it possesses the requisite Mortgage Loan documents for such Mortgage Loans.
Appears in 1 contract
Sources: Trust Agreement (GS Mortgage GSR Loan Trust 2004-8f)
Standard Terms. The Depositor, the Trustee, the Securities AdministratorCustodian, the Custodian Securities Administrator and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity entity, with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to the existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will shall assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing the Custodial Agreements entered into between the Custodian and predecessors in interest of Agreement among the Depositor, the Trustee and JPMorgan Chase Bank, National Association, as Securities Administrator, as Custodian previously acted and as custodian for such predecessors in interest Master Servicer, and that in connection with the formation of the Trust, the Depositor will shall assign each the Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee; provided that in the case of certain Mortgage Loans covered under the custodial agreement between GSMC, as purchaser, Bank of America, N.A., as seller, and Deutsche Bank National Trust Company (“DB”), as custodian, such Mortgage Loans shall continue to be held by DB, as bailee, pursuant to the bailee letter dated August 26, 2005 among DB, as bailee, GSMC, as seller, and the Custodian, until such time as the related Mortgage Loan Files may be transferred to the Custodian pursuant to the terms thereof.
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Standard Terms. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer acknowledge that the Standard Terms prescribe certain obligations of each such entity with respect to the Certificates. The Depositor, the Trustee, the Securities Administrator, the Custodian and the Master Servicer agree to observe and perform such prescribed duties, responsibilities and obligations, pursuant to the terms and conditions thereof and of this Trust Agreement, and acknowledge that, except to the extent inconsistent with the provisions of this Trust Agreement, the Standard Terms are and shall be a part of this Trust Agreement to the same extent as if set forth herein in full. Pursuant to Section 2.02(f) of the Standard Terms, the Depositor acknowledges the appointment of the Custodian and agrees to deliver, or cause to be delivered, to the Custodian all Mortgage Loan documents that are to be included in the Trustee Mortgage Loan File for each Mortgage Loan. The Depositor and the Custodian acknowledge that, pursuant to existing Custodial Agreements entered into between the Custodian and predecessors in interest of the Depositor, the Custodian previously acted as custodian for such predecessors in interest and that in connection with the formation of the Trust, the Depositor will assign each Custodial Agreement to the Trustee and cause a receipt to be issued in the name of the Trustee. LaSalle Bank National Association, as custodian under that certain custodial agreement dated as of April 1, 2004, between GSMC and LaSalle Bank National Association. and regarding certain Mortgage Loans, will deliver to the Trust a custody receipt representing that it possesses the requisite mortgage loan documents for such Mortgage Loans.
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