Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10.
Appears in 2 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-10 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-11 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1020 - .
Appears in 2 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar2 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 20062007-10PA6.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa6 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR10.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar10 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR1.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1015.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-15 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1012.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-12 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1014.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-14 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 20062007-10PA4.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR4.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar4 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-104.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-4 Trust.)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR19.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar19 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-103.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-3 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR13.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar13 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1017.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-17 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR6.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar6 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR3.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar3 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1013.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-13 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertixxxxxes, Series 2006-1018.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 20062007-10PA1.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertixxxxxes, Series 20062007-10AR8.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar8 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1020.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-20 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR14.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar14 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxxgh Certificates, Series 20062007-10PA5.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa5 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1015.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-15 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR12.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar12 Trust.)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-105.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-5 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1014.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-14 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-10 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1017.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-17 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR18.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar18 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-109.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-9 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-108.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-8 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-107.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-7 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Xxxxx Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertificates, Series 2006-1019.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-19 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-102.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-2 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR8.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar8 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-109.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-9 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-104.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-4 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR9.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar9 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertixxxxxes, Series 20062007-108.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-8 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR7.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar7 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-101.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-102.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-2 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR6.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar6 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor Seller or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor Seller that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Xxxxx Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertificates, Series 2006-10200_-_.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR4.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar4 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR7.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar7 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-103.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-105.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-5 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR10.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar10 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor Seller or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor Seller that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1020 - .
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062008-10AR1.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1013.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-13 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR16.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar16 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-106.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-6 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR5.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 20062007-10PA2.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa2 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-107.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-7 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 20062007-10PA3.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa3 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-10AR5.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar5 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through CertxxxxxtesXxxxugh Certificates, Series 2006-1020 - .
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1012.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-12 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-1016.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-16 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertixxxxxes, Series 20062007-10AR3.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar3 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR15.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar15 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1016.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-16 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR17.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar17 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062008-10AR2.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008-Ar2 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 2006-10AR11.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar11 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-1011.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-11 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through CertxxxxxtesCertixxxxxes, Series 20062008-101.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2008 -1 Trust)
Waiver of Recordation. The Master Servicer shall generally require the Servicer to record an Assignment of the Security Instrument for each Mortgage Loan to the Trustee or, if applicable, to the Trust Administrator on behalf of the Trustee. However, the recordation requirement with respect to an Assignment may be waived for a Mortgage Loan if (a) the related Mortgaged Property is in a state in which recordation of such an Assignment is not required to protect the Trustee's right, title and interest in and to the related Mortgage Loan and the Depositor or the Servicer has delivered to the Master Servicer an Opinion of Counsel, acceptable to the Master Servicer, to that effect or (b) the Master Servicer has been advised by the Depositor that the nonrecordation of an Assignment in a state will not result in a reduction of the rating assigned by each Rating Agency at the time of the initial issuance of the Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certxxxxxtes, Series 20062007-106.
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-6 Trust)
