Common use of Insurance of Custodian Clause in Contracts

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amounts required by Fannie Mae in the Fannie Mae Mortgage-Backed Securities Selling anx Xxxxixxxg Guide xx xx Freddie Mac in the Freddie Mac Seller's & Servicer's Guide. A certxxxxxxx of the respxxxxxx insurer as to each such policy, with a copy of such policy attached, shall be furnished to the Purchaser and the Trustee upon request.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodian. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amounts required by Fannie Mae in the Fannie Mae Mortgage-Backed Securities Selling anx Xxxxixxxg Guide and Sxxxxxxnx Xuide or xx xx Freddie Xxxddie Mac in the Freddie Mac Seller's & Servicer's Guide. A certxxxxxxx of certifixxxx xx the respxxxxxx insurer respectxxx xxxurer as to each such policy, with a copy of such policy attached, shall be furnished to the Purchaser and the Trustee upon request.

Insurance of Custodian. At its own expense, the Custodian shall maintain at all times during the existence of this Agreement and keep in full force and effect fidelity insurance, theft of documents insurance, forgery insurance and errors and omissions insurance. All such insurance shall be in amounts, with standard coverage and subject to deductibles, all as is customary for insurance typically maintained by banks which act as Custodiancustodian. The minimum coverage under any such bond and insurance policies shall be at least equal to the corresponding amounts required by Fannie Mae in the Fannie Mae Mortgage-Backed Securities Selling anx Xxxxixxxg Guide xx xx Freddie Mac in the Freddie Mac Seller's & Servicer's Guide. A certxxxxxxx of the respxxxxxx insurer as to each such policy, with a copy of such policy attached, shall be furnished to the Purchaser and the Trustee upon request.