Common use of Transfer of Accounts Clause in Contracts

Transfer of Accounts. 14 Section 2.10. Maintenance of Hazard Insurance......................................................14 Section 2.11. Fidelity Bond; Errors and Omissions Insurance........................................15 Section 2.12. Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.

Transfer of Accounts. 14 47 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 ...........................................47 Section 2.114.11. Maintenance of Mortgage Impairment Insurance Policy.......................48 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ...........49 Section 2.124.13. Title, Management and Disposition of Real Estate Owned...............................16 REO Property.........................49 Section 2.134.14. Application Notification of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Maturity Date.............................................50

Transfer of Accounts. 14 40 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 40 Section 2.11. 4.11 Maintenance of Mortgage Impairment Insurance.........................................41 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ......................42 Section 2.12. Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. 4.13 Inspections..........................................................................18 42 Section 2.15. 4.14 Restoration of Mortgaged Property....................................................42 Section 4.15 Maintenance of Primary Mortgage Insurance PoliciesPMI Policy; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Claims..................................................

Transfer of Accounts. 14 46 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 ............................................................46 Section 2.11. 4.11 Maintenance of Mortgage Impairment Insurance Policy........................................48 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ............................48 Section 2.12. 4.13 Inspections................................................................................49 Section 4.14 Restoration of Mortgaged Property..........................................................49 Section 4.15 Claims.....................................................................................50 Section 4.16 Title, Management and Disposition of REO Property..........................................50 Section 4.17 Real Estate Owned...............................16 Owned Reports..................................................................51 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.4.18

Transfer of Accounts. 14 30 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 .........................30 Section 2.11. 4.11 Maintenance of Blanket Insurance Policy.................31 Section 4.12 Maintenance of Mortgage Impairment Insurance Policy.....32 Section 4.13 Fidelity Bond; Errors and Omissions Insurance........................................15 ...........32 Section 2.12. 4.14 Title, Management and Disposition of Real Estate Owned...............................16 REO Property.......32 Section 2.13. Application 4.15 Reserved................................................34 Section 4.16 Inspections.............................................34 Section 4.17 Restoration of Proceeds of Insurance to Repair or Restoration........................17 Mortgaged Property.......................34 Section 2.14. Inspections..........................................................................18 Section 2.15. 4.18 Maintenance of Primary Mortgage Insurance PoliciesPolicy; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Claims.........35

Transfer of Accounts. 14 46 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 ............................................................46 Section 2.114.11. Maintenance of Mortgage Impairment Insurance Policy........................................47 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ............................47 Section 2.124.13. Title, Management and Disposition of Real Estate Owned...............................16 REO Property..........................................48 Section 2.134.14. Application Notification of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Maturity Date..............................................................49

Transfer of Accounts. 14 10 Section 2.10. 5.07 Maintenance of Hazard Insurance......................................................14 ...........................10 Section 2.11. 5.08 Maintenance of Mortgage Impairment Insurance Policy.......11 Section 5.09 Fidelity Bond; Errors and Omissions Insurance........................................15 .............................................11 Section 2.12. 5.10 Title, Management and Disposition of Real Estate Owned...............................16 REO Property.........12 Section 2.13. Application 5.11 Certain Tax Information...................................13 Section 5.12 Collection of Proceeds Certain Mortgage Loan Payments..............14 Section 5.13 Access to Certain Documentation and Information Regarding the Mortgage Loans............................14 Section 5.14 Superior Liens............................................14 Section 5.15 Duties of Insurance to Repair or Restorationthe Claims Administrator........................17 15 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.5.16 [Reserved]................................................16

Transfer of Accounts. 14 20 Section 2.10. 2.10 Maintenance of Hazard Insurance......................................................14 ................................................................21 Section 2.11. 2.11 Maintenance of Mortgage Impairment Insurance Policy............................................21 Section 2.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ..................................................21 Section 2.12. 2.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property..............................................22 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 2.14 Due-on-Sale Clauses; Assumption and Substitution Agreements....................................23 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.

Transfer of Accounts. 14 73 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..............................................................73 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..........................................74 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ................................................75 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property............................................75 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..................................77 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.3.15

Transfer of Accounts. 14 20 Section 2.10. 2.10 Maintenance of Hazard Insurance......................................................14 ................................................................20 Section 2.11. 2.11 Maintenance of Mortgage Impairment Insurance Policy............................................21 Section 2.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ..................................................21 Section 2.12. 2.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property..............................................22 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 2.14 Due-on-Sale Clauses; Assumption and Substitution Agreements....................................23 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.

Transfer of Accounts. 14 28 Section 2.10. 5.10 Maintenance of Hazard Insurance......................................................14 ................................................... 28 Section 2.11. 5.11 Maintenance of Mortgage Impairment Insurance Policy............................... 29 Section 5.12 Fidelity Bond; Errors and Omissions Insurance........................................15 ..................................... 29 Section 2.12. Title, 5.13 Management of REO Properties...................................................... 30 Section 5.14 Sale of Specially Serviced Mortgage Loans and Disposition of Real Estate Owned...............................16 REO Properties...................... 31 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary 5.15 Realization Upon Specially Serviced Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Loans and REO Properties............. 32

Transfer of Accounts. 14 87 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..............................................................87 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..........................................88 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ................................................89 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property............................................89 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..................................91 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.3.15

Transfer of Accounts. 14 69 Section 2.103.10. Maintenance of Hazard Insurance......................................................14 ...................................................69 Section 2.113.11. Maintenance of Mortgage Impairment Insurance Policy...............................70 Section 3.12. Fidelity Bond; , Errors and Omissions Insurance........................................15 .....................................70 Section 2.123.13. Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.REO Property.................................71

Transfer of Accounts. 14 Section 2.103.10. Maintenance of Hazard Insurance......................................................14 .......................................................15 Section 2.113.11. Maintenance of Mortgage Impairment Insurance Policy...................................15 Section 3.12. Fidelity Bond; , Errors and Omissions Insurance........................................15 .........................................16 Section 2.123.13. Title, Management and Disposition of Real Estate Owned...............................REO Property.....................................16 Section 2.133.14. Application of Proceeds of Insurance to Repair or Restoration........................17 Due-on-Sale Clauses; Assumption and Substitution Agreements...........................19 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.173.15.

Transfer of Accounts. 14 10 Section 2.10. Maintenance of Hazard Insurance......................................................14 .........................................................10 Section 2.11. Fidelity Bond; Errors and Omissions Insurance........................................15 ...........................................11 Section 2.12. Title, Management and Disposition of Real Estate Owned...............................16 ..................................12 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 ...........................13 Section 2.14. Inspections..........................................................................18 .............................................................................13 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 ..............13 Section 2.16. Monthly Advances by the Servicer.....................................................18 ........................................................14 Section 2.17.

Transfer of Accounts. 14 Section 2.10. Maintenance of Hazard Insurance......................................................14 Section 2.11. Fidelity Bond; Errors and Omissions Insurance........................................15 Section 2.12. Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 17 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.

Transfer of Accounts. 14 Section 2.10. 40 Subsection 11.10 Maintenance of Hazard Insurance......................................................14 Section 2.11. ...............................................40 Subsection 11.11 Maintenance of Primary Mortgage Insurance Policy; Claims......................41 Subsection 11.12 Fidelity Bond; Errors and Omissions Insurance........................................15 Section 2.12. .................................42 Subsection 11.13 Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance REO Property.............................42 Subsection 11.14 Servicing Compensation........................................................43 Subsection 11.15 Distributions.................................................................44 Subsection 11.16 Statements to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly the Purchaser...................................................44 Subsection 11.17 Advances by the Servicer.....................................................18 Section 2.17.......................................................45 Subsection 11.18

Transfer of Accounts. 14 68 Section 2.103.10. Maintenance of Hazard Insurance......................................................14 ...................................................68 Section 2.113.11. Maintenance of Mortgage Impairment Insurance Policy...............................69 Section 3.12. Fidelity Bond; , Errors and Omissions Insurance........................................15 .....................................69 Section 2.123.13. Title, Management and Disposition of Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.REO Property.................................70

Transfer of Accounts. 14 20 Section 2.10. 2.10 Maintenance of Hazard Insurance......................................................14 ..........................................................20 Section 2.11. 2.11 Maintenance of Mortgage Impairment Insurance Policy......................................21 Section 2.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ............................................21 Section 2.12. 2.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property........................................21 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 2.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..............................23 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.

Transfer of Accounts. 14 61 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 ............................61 Section 2.114.11. Maintenance of Mortgage Impairment Insurance Policy........62 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ..................................................63 Section 2.124.13. Title, Management and Disposition of Real Estate Owned...............................16 REO Property..........63 Section 2.134.14. Application Notification of Proceeds Maturity Date..............................65 Section 4.15. Establishment of Insurance and Deposits to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections ThereunderBuydown Account...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.66

Transfer of Accounts. 14 13 Section 2.10. Maintenance of Hazard Insurance...........................................................................................14 Section 2.11. Fidelity Bond; Errors and Omissions Insurance...............................................................15 Section 2.12. Title, Management and Disposition of Real Estate Owned...............................16 ..............15 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration...............................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17........................................................

Transfer of Accounts. 14 44 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 ............................................................44 Section 2.11. 4.11 Maintenance of Mortgage Impairment Insurance Policy........................................46 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ............................46 Section 2.12. 4.13 Inspections................................................................................47 Section 4.14 Restoration of Mortgaged Property..........................................................47 Section 4.15 Claims.....................................................................................48 Section 4.16 Title, Management and Disposition of REO Property..........................................48 Section 4.17 Real Estate Owned...............................16 Owned Reports..................................................................49 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.4.18

Transfer of Accounts. 14 15 Section 2.10. 2.10 Maintenance of Hazard Insurance......................................................14 .............................................................15 Section 2.11. 2.11 Fidelity Bond; Errors and Omissions Insurance........................................15 ...............................................17 Section 2.12. 2.12 Title, Management and Disposition of Real Estate Owned...............................16 ......................................17 Section 2.13. 2.13 Application of Proceeds of Insurance to Repair or Restoration........................17 ...............................19 Section 2.14. 2.14 Inspections..........................................................................18 .................................................................................19 Section 2.15. 2.15 Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 ..................19 Section 2.16. 2.16 Monthly Advances by the Servicer.....................................................18 ............................................................20 Section 2.17.

Transfer of Accounts. 14 80 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..............................................................80 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..........................................81 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ................................................81 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property............................................82 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..................................84 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.3.15

Transfer of Accounts. 14 53 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 53 Section 2.114.11. Maintenance of Mortgage Impairment Insurance Policy..................................54 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ......................54 Section 2.124.13. Title, Management and Disposition of Real Estate Owned...............................16 REO Property....................................55 Section 2.134.14. Application Notification of Proceeds Maturity Date........................................................56 Section 4.15. Establishment of Insurance and Deposits to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Buydown Account.....................................56

Transfer of Accounts. 14 37 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 ........................... 37 Section 2.11. 4.11 Maintenance of Mortgage Impairment Insurance.............. 38 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ................................................. 39 Section 2.12. 4.13 Inspections............................................... 39 Section 4.14 Restoration of Mortgaged Property......................... 39 Section 4.15 Maintenance of PMI Policy; Claims......................... 40 Section 4.16 Title, Management and Disposition of REO Property......... 41 Section 4.17 Real Estate Owned...............................16 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Owned Reports................................. 42

Transfer of Accounts. 14 58 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 ..........................59 Section 2.114.11. Maintenance of Mortgage Impairment Insurance.............60 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ................................................61 Section 2.124.13. Inspections..............................................61 Section 4.14. Restoration of Mortgaged Property........................61 Section 4.15. Maintenance of PMI Policy; Claims........................62 Section 4.16. Title, Management and Disposition of REO Property........62 Section 4.17. Real Estate Owned...............................16 Owned Reports................................64 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.174.18.

Transfer of Accounts. 14 27 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 27 Section 2.11. 4.11 Maintenance of Mortgage Impairment Insurance.........................................29 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ......................29 Section 2.12. 4.13 Inspections..........................................................................29 Section 4.14 Restoration of Mortgaged Property....................................................29 Section 4.15 Maintenance of PMI Policy; Claims....................................................30 Section 4.16 Title, Management and Disposition of REO Property....................................31 Section 4.17 Real Estate Owned...............................16 Owned Reports............................................................32 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.4.18

Transfer of Accounts. 14 40 Section 2.10. 4.10 Maintenance of Hazard Insurance......................................................14 . ....................... 40 Section 2.114.11 Maintenance of Mortgage Impairment Insurance. .......... 41 Section 4.12 Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 . ................................... 42 Section 2.124.13 Inspections. Title, Management and Disposition ........................................... 42 Section 4.14 Restoration of Real Estate Owned...............................16 Mortgaged Property. ..................... 42 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. 4.15 Maintenance of Primary Mortgage Insurance PoliciesPMI Policy; Collections Thereunder...........18 Section 2.16Claims. Monthly Advances by the Servicer.....................................................18 Section 2.17....................

Transfer of Accounts. 14 69 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 .............................69 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy.........70 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ...............70 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property...........71 Section 2.13. Application 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..................................................73 Section 3.15 Notification of Proceeds Adjustments.................................74 Section 3.16 Optional Purchases of Insurance Mortgage Loans by Servicer............74 Section 3.17 Trustee to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance Cooperate; Release of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Files......................75

Transfer of Accounts. 14 74 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..............................................................74 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..........................................75 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ................................................75 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property............................................76 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..................................77 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.3.15

Transfer of Accounts. 14 57 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..............................................................57 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..........................................58 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ................................................58 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property............................................59 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies3.14 Due-on-Sale Clauses; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Assumption and Substitution Agreements..................................61

Transfer of Accounts. 14 28 Section 2.10. 5.10 Maintenance of Hazard Insurance......................................................14 ...................................................... 28 Section 2.11. 5.11 Maintenance of Mortgage Impairment Insurance Policy.................................. 29 Section 5.12 Fidelity Bond; Errors and Omissions Insurance........................................15 ........................................ 29 Section 2.12. Title, 5.13 Management of REO Properties......................................................... 30 Section 5.14 Sale of Specially Serviced Mortgage Loans and Disposition of Real Estate Owned...............................16 REO Properties......................... 31 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary 5.15 Realization Upon Specially Serviced Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Loans and REO Properties................ 32

Transfer of Accounts. 14 53 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 .................................................................... 53 Section 2.114.11. Maintenance of Mortgage Impairment Insurance Policy.................................................54 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 . ...................................54 Section 2.124.13. Title, Management and Disposition of Real Estate Owned...............................16 REO Property...................................................55 Section 2.134.14. Application Notification of Proceeds Maturity Date. .....................................................................56 Section 4.15. Establishment of Insurance and Deposits to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Buydown Account....................................................56

Transfer of Accounts. 14 49 Section 2.104.10. Maintenance of Hazard Insurance......................................................14 ...................................... 49 Section 2.114.11. Maintenance of Mortgage Impairment Insurance......................... 50 Section 4.12. Maintenance of Fidelity Bond; Bond and Errors and Omissions Insurance........................................15 ...... 51 Section 2.124.13. Inspections.......................................................... 51 Section 4.14. Restoration of Mortgaged Property.................................... 51 Section 4.15. Maintenance of PMI Policy; Claims.................................... 52 Section 4.16. Title, Management and Disposition of REO Property.................... 53 Section 4.17. Real Estate Owned...............................16 Owned Reports............................................ 54 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.174.18.

Transfer of Accounts. 14 70 Section 2.10. 3.10 Maintenance of Hazard Insurance......................................................14 ..................................................70 Section 2.11. 3.11 Maintenance of Mortgage Impairment Insurance Policy..............................71 Section 3.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ....................................71 Section 2.12. 3.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property and Certain Delinquent Mortgage Loans...................................................................72 Section 2.13. Application 3.14 Due-on-Sale Clauses; Assumption and Substitution Agreements......................73 Section 3.15 Notification of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Adjustments......................................................74 TABLE OF CONTENTS (continued)

Transfer of Accounts. 14 28 Section 2.10. 5.10 Maintenance of Hazard Insurance......................................................14 ....................................................... 28 Section 2.11. 5.11 Maintenance of Mortgage Impairment Insurance Policy................................... 29 Section 5.12 Fidelity Bond; Errors and Omissions Insurance........................................15 ......................................... 29 Section 2.12. Title, 5.13 Management of REO Properties.......................................................... 30 Section 5.14 Sale of Specially Serviced Mortgage Loans and Disposition of Real Estate Owned...............................16 REO Properties.......................... 31 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 Section 2.15. Maintenance of Primary 5.15 Realization Upon Specially Serviced Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.Loans and REO Properties................. 32

Transfer of Accounts. 14 20 Section 2.10. 2.10 Maintenance of Hazard Insurance......................................................14 ..........................................................20 Section 2.11. 2.11 Maintenance of Mortgage Impairment Insurance Policy......................................21 Section 2.12 Fidelity Bond; , Errors and Omissions Insurance........................................15 ............................................21 Section 2.12. 2.13 Title, Management and Disposition of Real Estate Owned...............................16 REO Property........................................22 Section 2.13. Application of Proceeds of Insurance to Repair or Restoration........................17 Section 2.14. Inspections..........................................................................18 2.14 Due-on-Sale Clauses; Assumption and Substitution Agreements..............................23 Section 2.15. Maintenance of Primary Mortgage Insurance Policies; Collections Thereunder...........18 Section 2.16. Monthly Advances by the Servicer.....................................................18 Section 2.17.