Tax Service Contracts. In the event that a Mortgage Loan is not subject to a fully assignable life of loan tax servicer contract with Fidelity National Real Estate Tax Service which is assignable to the Servicer or any subsequent Servicer without the payment of any cost or fee, the Servicer shall acquire a tax service contract for any such Mortgage Loan. The Servicer shall deliver an invoice to the Owner with respect to the costs of acquiring such tax service contracts, and Owner shall remit the cost of such tax service contracts to the Servicer within ten business days of receipt of invoice.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Opteum Mortgage Acceptance Corp Asset Backed Pass-Through Certificates, Series 2005-3), Pooling and Servicing Agreement (Opteum Mortgage Acceptance Corp. Asset-Backed Pass-Through Certificates, Series 2005-4), Pooling and Servicing Agreement (Opteum Mortgage Acceptance Corp Asset Backed Pass-Through Certificates, 2005-2)
Tax Service Contracts. In the event that a Mortgage Loan is not subject to a fully assignable life of loan tax servicer service contract with Fidelity National Real Estate Tax Service which is assignable to the Servicer or any subsequent Servicer without the payment of any cost or fee, the Servicer shall acquire a tax service contract for any such Mortgage Loan. The Servicer shall deliver an invoice to the Owner with respect to the costs of acquiring such tax service contracts, and Owner shall remit the cost of such tax service contracts to the Servicer within ten business days of receipt of invoice.
Appears in 3 contracts
Samples: Servicing Agreement (Encore Credit Receivables Trust 2005-2), Certification and Agreement (Encore Credit Receivables Trust 2005-3), Servicing Agreement (Encore Credit Receivables Trust 2005-1)