Common use of APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER Clause in Contracts

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 Section 2.2. Duties and Responsibilities of the Servicer 1 Section 2.3. Unrelated Amounts 2 Section 2.4. Authorization of the Servicer 2 Section 2.5. Servicing Fee and Servicing Advance 3 Section 2.6. Covenants of the Servicer 3 Section 2.7. Servicer’s Certificate 3 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 Section 2.10. Appointment of Subservicer 4 Section 2.11. Maintenance of Security Interests in Loans 5 Section 2.12. Accounts 5 Section 2.13. Reserve Account 5 Section 2.14. Disbursement from the Collection Account 5 Section 2.15. Limitation on Liability of the Servicer and Others 6

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 Section 2.2. Duties and Responsibilities of the Servicer 1 2 Section 2.3. Unrelated Amounts 2 Section 2.4. Authorization of the Servicer 2 Section 2.5. Servicing Fee and Servicing Advance 3 Section 2.6. Covenants of the Servicer 3 Section 2.7. Servicer’s Certificate 3 4 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 Section 2.10. Appointment of Subservicer 4 5 Section 2.11. Maintenance of Security Interests in Loans 5 Section 2.12. Accounts 5 Section 2.13. Reserve Account 5 6 Section 2.14. Disbursement from the Collection Account 5 6 Section 2.15. Limitation on Liability of the Servicer and Others 6

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 Section 2.2. Duties and Responsibilities of the Servicer 1 Section 2.3. Unrelated Amounts 2 Section 2.4. Authorization of the Servicer 2 Section 2.5. Servicing Fee Fees and Servicing Advance Advances 3 Section 2.6. Covenants of the Servicer 3 Section 2.7. Servicer’s Certificate 3 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 Section 2.10. Appointment of Subservicer 4 Section 2.11. Maintenance of Security Interests in Loans 5 Section 2.12. Accounts 5 Section 2.13. Reserve Account 5 Section 2.14. Disbursement from the Collection Account 5 Section 2.15. Limitation on Liability of the Servicer and Others 6

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 3 Section 2.2. Duties and Responsibilities of the Servicer 1 3 Section 2.3. Unrelated Amounts 2 3 Section 2.4. Authorization of the Servicer 2 4 Section 2.5. Servicing Fee and Servicing Advance 3 5 Section 2.6. Covenants of the Servicer 3 5 Section 2.7. Servicer’s Certificate 3 6 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 6 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 6 Section 2.10. Appointment of Subservicer 4 7 Section 2.11. Maintenance of Security Interests in Loans 5 Receivables 7 Section 2.12. Accounts 5 7 Section 2.13. Reserve Account 5 8 Section 2.14. Disbursement from the Collection Account 5 8 Section 2.15. Limitation on Liability of the Servicer and Others 68

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 Section 2.2. Duties and Responsibilities of the Servicer 1 Section 2.3. Unrelated Amounts 2 Section 2.4. Authorization of the Servicer 2 Section 2.5. Servicing Fee Fees and Servicing Advance Advances 3 Section 2.6. Covenants of the Servicer 3 4 Section 2.7. Servicer’s Certificate 3 4 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 5 Section 2.10. Appointment of Subservicer 4 5 Section 2.11. Maintenance of Security Interests in Loans [Loans] [Receivables] 5 Section 2.12. Accounts 5 6 Section 2.13. Reserve Account 5 6 Section 2.14. Disbursement from the Collection Account 5 6 Section 2.15. Limitation on Liability of the Servicer and Others 6

APPOINTMENT OF THE SERVICER; CERTAIN DUTIES AND RESPONSIBILITIES OF THE SERVICER. Section 2.1. Appointment of the Servicer 1 2 Section 2.2. Duties and Responsibilities of the Servicer 1 2 Section 2.3. Unrelated Amounts 2 3 Section 2.4. Authorization of the Servicer 2 3 Section 2.5. Servicing Fee and Servicing Advance 3 4 Section 2.6. Covenants of the Servicer 3 5 Section 2.7. Servicer’s Certificate 3 5 Section 2.8. Annual Statement as to Compliance; Notice of Default 4 5 Section 2.9. Annual Reports on Assessment of Compliance with Servicing Criteria 4 6 Section 2.10. Appointment of Subservicer 4 6 Section 2.11. Maintenance of Security Interests in Loans 5 [Loans] [Receivables] 6 Section 2.12. Accounts 5 7 Section 2.13. Reserve Account 5 7 Section 2.14. Disbursement from the Collection Account 5 7 Section 2.15. Limitation on Liability of the Servicer and Others 67