Common use of The Servicer to Act as Servicer Clause in Contracts

The Servicer to Act as Servicer. The Servicer shall service and administer the Accounts, in accordance with the express terms of this Agreement, applicable state and federal law, and with the standards and procedures employed by a prudent servicer with respect to the servicing of similar accounts held in its own portfolio and in accordance with the Servicer's historical servicing standards set forth on Exhibit D, and the Servicer shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration that it may deem necessary or desirable and, subject to the foregoing and the provisions of the Indenture to execute and deliver in the Servicer's own name, on behalf of the Issuer, any and all deeds, sale contracts, instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Accounts and with respect to the Mortgaged Properties; provided, however, any Successor Servicer shall not be bound by the Servicer's historical servicing standards. Notwithstanding the preceding paragraph, the Servicer shall at all times follow the procedures set forth below:

The Servicer to Act as Servicer. The Servicer shall service and administer the AccountsMortgage Assets, in accordance with the express terms of this Agreement, applicable state and federal law, and with the standards and procedures employed by a prudent servicer with respect to the servicing of similar accounts mortgage assets held in its own portfolio and in accordance with the Servicer's historical servicing standards set forth on Exhibit DC, and the Servicer shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration that it may deem necessary or desirable and, subject to the foregoing and the provisions of the Indenture to execute and deliver in the Servicer's own name, on behalf of the Issuer, any and all deeds, sale contracts, instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Accounts Mortgage Assets and with respect to the Mortgaged Properties; provided, however, any Successor Servicer shall not be bound by the Servicer's historical servicing standards. Notwithstanding the preceding paragraph, the Servicer shall at all times follow the procedures set forth below:

The Servicer to Act as Servicer. The Servicer shall service and administer the Accounts, in accordance with the express terms of this Agreement, applicable state and federal law, and with the standards and procedures employed by a prudent servicer with respect to the servicing of similar accounts held in its own portfolio and in accordance with the Servicer's historical servicing standards set forth on Exhibit DB, and the Servicer shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration that it may deem necessary or desirable and, subject to the foregoing and the provisions of the Indenture to execute and deliver in the Servicer's own name, on behalf of the Issuer, any and all deeds, sale contracts, instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Accounts and with respect to the Mortgaged Properties; provided, however, any Successor Servicer shall not be bound by the Servicer's historical servicing standards. Notwithstanding the preceding paragraph, the Servicer shall at all times follow the procedures set forth below:

The Servicer to Act as Servicer. The Servicer shall service and administer the Accounts, in accordance with the express terms of this Agreement, applicable state and federal law, and with the standards and procedures employed by a prudent servicer with respect to the servicing of similar accounts held in its own portfolio and in accordance with the Servicer's historical servicing standards set forth on Exhibit D, and the Servicer shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration that it may deem necessary or desirable and, subject to the foregoing and the provisions of the Indenture to execute and deliver in the Servicer's own name, on behalf of the Issuer, any and all deeds, sale contracts, instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Accounts and with respect to the Mortgaged Properties; provided, however, any Successor Servicer successor servicer shall not be bound by the Servicer's historical servicing standards. Notwithstanding the preceding paragraph, the Servicer shall at all times follow the procedures set forth below: