Common use of Subservicing of Mortgage Loans Clause in Contracts

Subservicing of Mortgage Loans. (a) The Subservicer shall service the Mortgage Loans from and after the Closing Date in accordance with the servicing provisions of Article III of the Pooling and Servicing Agreement and pursuant to the Servicing Standard, and provide the reports required under Sections 4.4 and 4.5 of the Pooling and Servicing Agreement, in all cases, in the same manner and subject to the same terms as if the Subservicer were the “Servicer” under the Pooling and Servicing Agreement. The duties and obligations of the Subservicer shall include all of the duties and obligations to be fulfilled and performed by the Servicer in the ordinary course of servicing the Mortgage Loans, such as, by way of illustration and not limitation, collection of payments and other recoveries, payment of taxes and insurance premiums, reporting and remitting, all at the time and in the manner prescribed in the Pooling and Servicing Agreement; provided, however, that copies of any and all reports, statements and notifications that the Subservicer shall be required to provide or deliver in accordance with the servicing provisions of Article III and Article IV of the Pooling and Servicing Agreement shall simultaneously be delivered to the Servicer; and provided, further, that copies of confirmations of any and all payments or remittances that the Subservicer shall be required to pay or remit in accordance with the servicing provisions of Article III of the Pooling and Servicing Agreement shall be provided to the Servicer. The Subservicer shall simultaneously deliver to CS Cayman copies of any reports that identify the amount of Advances made or the amount of recoveries received with respect to Advances made by CS Cayman.

Subservicing of Mortgage Loans. (a) The Subservicer shall service the Mortgage Loans from and after the Closing Date in accordance with the servicing provisions of Article III of the Pooling Transfer and Servicing Agreement and pursuant to the Servicing Standard, and provide the reports required under Sections 4.4 and 4.5 of the Pooling Transfer and Servicing Agreement, in all cases, in the same manner and subject to the same terms as if the Subservicer were the “"Servicer” " under the Pooling Transfer and Servicing Agreement. The duties and obligations of the Subservicer shall include all of the duties and obligations to be fulfilled and performed by the Servicer in the ordinary course of servicing the Mortgage Loans, such as, by way of illustration and not limitation, collection of payments and other recoveries, payment of taxes and insurance premiums, reporting and remitting, all at the time and in the manner prescribed in the Pooling Transfer and Servicing Agreement; provided, however, that copies of any and all reports, statements and notifications that the Subservicer shall be required to provide or deliver in accordance with the servicing provisions of Article III and Article IV of the Pooling Transfer and Servicing Agreement shall simultaneously be delivered to the Servicer; and provided, further, that copies of confirmations of any and all payments or remittances that the Subservicer shall be required to pay or remit in accordance with the servicing provisions of Article III of the Pooling Transfer and Servicing Agreement shall be provided to the Servicer. The Subservicer shall simultaneously deliver to CS Cayman LBB copies of any reports that identify the amount of Advances made or the amount of recoveries received with respect to Advances made by CS CaymanLBB.

Subservicing of Mortgage Loans. (a) The Interim Subservicer shall directly service the Mortgage Loans from and after the Closing Date in accordance with the servicing provisions of Article III of the Pooling and Servicing Agreement and pursuant to the Servicing Standard, and provide the reports required under Sections 4.4 and 4.5 of the Pooling and Servicing Agreement, in all cases, in the same manner and subject to the same terms as if the Interim Subservicer were the “Servicer” under the Pooling and Servicing Agreement. The duties and obligations of the Interim Subservicer shall include all of the duties and obligations to be fulfilled and performed by the Servicer in the ordinary course of servicing the Mortgage Loans, such as, by way of illustration and not limitation, collection of payments and other recoveries, payment of taxes and insurance premiums, reporting and remitting, all at the time and in the manner prescribed in the Pooling and Servicing Agreement; provided, however, that copies of any and all reports, statements and notifications that the Interim Subservicer shall be required to provide or deliver in accordance with the servicing provisions of Article III and Article IV of the Pooling and Servicing Agreement shall simultaneously be delivered to the Servicer; and provided, further, that copies of confirmations of any and all payments or remittances that the Interim Subservicer shall be required to pay or remit in accordance with the servicing provisions of Article III of the Pooling and Servicing Agreement shall be provided to the Servicer. The Subservicer shall simultaneously deliver to CS Cayman copies of any reports that identify the amount of Advances made or the amount of recoveries received with respect to Advances made by CS Cayman.

Subservicing of Mortgage Loans. (a) The Subservicer shall service the Mortgage Loans from and after the Closing Date in accordance with the servicing provisions of Article III of the Pooling Transfer and Servicing Agreement and pursuant to the Servicing Standard, and provide the reports required under Sections 4.4 and 4.5 of the Pooling Transfer and Servicing Agreement, in all cases, in the same manner and subject to the same terms as if the Subservicer were the “Servicer” under the Pooling Transfer and Servicing Agreement. The duties and obligations of the Subservicer shall include all of the duties and obligations to be fulfilled and performed by the Servicer in the ordinary course of servicing the Mortgage Loans, such as, by way of illustration and not limitation, collection of payments and other recoveries, payment of taxes and insurance premiums, reporting and remitting, all at the time and in the manner prescribed in the Pooling Transfer and Servicing Agreement; provided, however, that copies of any and all reports, statements and notifications that the Subservicer shall be required to provide or deliver in accordance with the servicing provisions of Article III and Article IV of the Pooling Transfer and Servicing Agreement shall simultaneously be delivered to the Servicer; and provided, further, that copies of confirmations of any and all payments or remittances that the Subservicer shall be required to pay or remit in accordance with the servicing provisions of Article III of the Pooling Transfer and Servicing Agreement shall be provided to the Servicer. The Subservicer shall simultaneously deliver to CS Cayman LBB copies of any reports that identify the amount of Advances made or the amount of recoveries received with respect to Advances made by CS CaymanLBB.