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

The Servicer to Act as Servicer. (a) The Servicer, as an independent contractor, shall diligently service and administer the Mortgage Loans from and after the Closing Date and shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration which the Servicer may deem necessary or desirable, consistent with Accepted Servicing Practices where such practices do not conflict with the requirements of this Agreement, including taking all actions that a mortgagee is permitted or required to take by the FHA or VA, with respect to FHA Loans and VA Loans, as the case may be.

Appears in 2 contracts

Samples: Servicing Agreement (Main Place Funding LLC), Servicing Agreement (Main Place Funding LLC)

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The Servicer to Act as Servicer. (a) The Servicer, as an independent contractor, shall diligently service and administer the Mortgage Loans Notes from and after the Closing Date date hereof and shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration which the Servicer may deem necessary or desirable, consistent with Accepted Servicing Practices where such practices do not conflict with the requirements of this Agreement, including taking all actions that a mortgagee is permitted or required to take by the FHA or VA, with respect to FHA Loans and VA Loans, as the case may be.

Appears in 1 contract

Samples: Servicing Agreement (Main Place Real Estate Investment Trust /Md/)

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The Servicer to Act as Servicer. (a) The Servicer, as an independent contractor, shall diligently service and administer the Mortgage Loans Notes from and after the Closing Date and shall have full power and authority, acting alone, to do any and all things in connection with such servicing and administration which the Servicer may deem necessary or desirable, consistent with Accepted Servicing Practices where such practices do not conflict with the requirements of this Agreement, including taking all actions that a mortgagee is permitted or required to take by the FHA or VA, with respect to FHA Loans and VA Loans, as the case may be.

Appears in 1 contract

Samples: ) Servicing Agreement (Main Place Real Estate Investment Trust /Md/)

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