MARRIOTT VACATIONS WORLDWIDE OWNER TRUST 2011-1, as Issuer MARRIOTT OWNERSHIP RESORTS, INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee and Back-Up Servicer SECOND AMENDED AND RESTATED INDENTURE AND SERVICING...Indenture and Servicing Agreement • September 13th, 2012 • Marriott Vacations Worldwide Corp • Real estate agents & managers (for others) • New York
This Second Amended and Restated Indenture and Servicing Agreement, dated as of September 1, 2012 (this “Indenture and Servicing Agreement”), is among MARRIOTT VACATIONS WORLDWIDE OWNER TRUST 2011-1, a statutory trust organized under the laws of the State of Delaware, as issuer (the “Issuer”), Marriott Ownership Resorts, Inc. (“MORI”), a Delaware corporation, as servicer (the “Servicer”), and Wells Fargo Bank, National Association, a national banking association, as indenture trustee (the “Indenture Trustee”) and as back-up servicer (in such capacity, the “Back-Up Servicer”) and hereby amends and restates in its entirety that certain indenture and servicing agreement, dated as of September 1, 2011 (the “Closing Date Indenture and Servicing Agreement”), by and among the parties hereto, as amended by that certain amended and restated indenture and servicing agreement, dated as of September 1, 2011 (the “Amended and Restated Indenture and Servicing Agreement”), by and among the parties he
AMENDED AND RESTATED SALE AGREEMENTPledge and Security Agreement • September 13th, 2012 • Marriott Vacations Worldwide Corp • Real estate agents & managers (for others) • Colorado
The Holder may exercise this option to accelerate during any default by Borrower(s) regardless of any prior forbearance. If this Note is not paid when due, whether at maturity or by acceleration, the Holder shall be entitled to collect all reasonable costs and expenses of collection, including, but not limited to, reasonable attorney’s fees, whether or not action be instituted hereon.
