Common use of Assumption Agreements Clause in Contracts

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a (a) The Servicer will use its best efforts to enforce any "due-on-sale" provision contained in any Mortgage or Mortgage Note and to deny assumption by the person to whom the Mortgaged Property has been or is about to be sold, whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains liable on the Mortgage and the Mortgage Note, provided that in accordance with the terms of the Mortgage Note, the Servicer may permit an assumption if but only if the Servicer approves the creditworthiness of the assuming party in accordance with the Underwriting Guidelines. When the Mortgaged Property has been conveyed by the Mortgagor, the Servicer shallwill, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any the "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall will not exercise any such right rights if prohibited by Applicable Requirements from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under Applicable Requirements to enforce such "due-on-sale" clause, the Servicer (unless otherwise required by law and in any event will notify the reasonable belief Owner of such requirement) will request the written permission of the ServicerPrimary Mortgage Insurer, is not enforceable if required to cause the coverage under applicable law. In such eventthe Primary Mortgage Insurance Policy to remain in full force and effect, and the Servicer shall enter Owner prior to entering into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable lawApplicable Requirements, the Mortgagor shall remain remains liable thereon. The In connection with any such assumption, the related Mortgage Interest Rate, the Unpaid Principal Balance, the Lifetime Rate Cap (if applicable), the Gross Margin (if applicable), the Initial Rate Cap (if applicable) or the Periodic Rate Cap (if applicable) of the related Mortgage Note and the term of the Mortgage Loan may not be changed. If an assumption is allowed pursuant to this Section 5.1(a), the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the prior consent of the Primary Mortgage LoansInsurer, if any, is also authorized to enter into a substitution of liability whereby such person agreement with the purchaser of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the purchaser of the Mortgaged Property is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any Any such substitution or assumption of liability agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part in lieu of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any an assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoeveragreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any or if the Owner directs the Servicer to not accelerate the maturity of such Mortgage Loan. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures substantially similar to those used in connection with the origination of the Mortgage Loan. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Company will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Company shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Company reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief Company, with the approval of the ServicerPurchaser, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Company, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Company shall follow the underwriting practices and procedures of the Company. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed (except pursuant to the terms of the Mortgage Note). If the credit of the proposed transferee does not meet such underwriting criteria, the Company diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Company shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Company for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanCompany. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Company shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Company may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Master Servicer that any such substitution or assumption agreement has been completed by forwarding to the Indenture Trustee and the Master Servicer the original of such substitution or assumption agreement which original shall be added by the Indenture Trustee or its Custodian to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow its underwriting practices and procedures. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right if prohibited from doing so by law or the terms of the Mortgage Note or if the exercise of such right would impair or threaten to impair any recovery under the related PMI Policy, if any. If Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person Person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become Person becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 5.16, the Seller authorizes Servicer, in accordance with accepted the prior written consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, is also authorized if any, to enter into a substitution of liability whereby agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. The Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, Servicer shall follow the underwriting practices and procedures employed by Servicer for mortgage loans originated by Servicer for its own account in effect at the time such assumption or substitution is made. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan and the outstanding principal amount of the Mortgage Loan shall not be changed. Servicer shall notify the Trustee Seller that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Seller or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant Notwithstanding anything to this Section 3.18the contrary contained herein, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the that Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 5.16, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Subsection 11.22, the Servicer, in accordance with accepted the prior written consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures that are consistent with Accepted Servicing Practices. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan and the outstanding principal amount of the Mortgage Loan shall not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into in excess of 1.0% of the unpaid principal balance of the Mortgage Loan shall be deposited in the Custodial Account pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSubsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.22, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Master Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance of any Mortgaged Property by any Mortgagor (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, if any, applicable thereto; provided, however, that the Master Servicer shall not exercise any such rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy or Limited Purpose Surety Bond, if any. If the Master Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, or if any of the other conditions set forth in the reasonable belief of proviso to the Servicer, is not enforceable under applicable law. In such eventpreceding sentence apply, the Master Servicer shall will enter into an assumption and modification agreement from or with the person to whom such property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Master Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor the Mortgagor and becomes liable under the Mortgage Note, provided that no such substitution shall be effective unless such person satisfies the underwriting criteria of the Master Servicer and has a credit risk rating at least equal to that of the original Mortgagor. In connection with any assumption or substitution, the Master Servicer shall apply such underwriting standards and follow such practices and procedures as shall be normal and usual in its general mortgage servicing activities and as it applies to other mortgage loans owned solely by it. The Master Servicer shall not take or enter into any assumption and modification agreement, however, unless (to the extent practicable in the circumstances) it shall have received confirmation, in writing, of the continued effectiveness of any applicable Primary Insurance Policy or hazard insurance policy, or a new policy meeting the requirements of this Section is obtained. Any fee collected by the Master Servicer in respect of an assumption or substitution of liability agreement will be retained by the Master Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including but not limited to the related Loan Rate and the amount of the Monthly Payment) may be amended or modified, except as otherwise required pursuant to the terms thereof. The Master Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the executed original of such substitution or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Master Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or by the terms of the Mortgage Note or any assumption which the Master Servicer may be restricted by law from preventing, for any reason whatsoeverwhatever. For purposes of this Section 3.15, the term "assumption" is deemed to also include a sale (of the Mortgaged Property) subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about With respect to be conveyed by the Mortgagor, each Mortgage Loan the Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights (a) if prohibited by law from doing so, or (b) if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person Person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become Person becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior written consent of the primary mortgage loan servicing standards for mortgage loans similar insurer, if any, and to the Mortgage Loansextent required by the applicable Primary Insurance Policy, is also authorized to enter into prepare a substitution of liability whereby agreement and any other document required in connection therewith to be entered into by the Owner and the Person to whom the Mortgaged Property has been conveyed or is to be proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Notwithstanding anything herein to the contrary, prior to its entering into any such assumption or substitution of liability, the Servicer shall notify the Owner in writing and obtain the written consent of the Owner; provided that the Owner’s consent shall be deemed given if not denied within five (5) Business Days of Owner’s receipt of such notice. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the respective states where the Mortgaged Properties are located. With respect to an assumption or substitution of liability, no material term of the Mortgage Loan may be changed, including without limitation, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding and forward to the Trustee Custodian the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage Servicing File to the same extent as all other documents and instruments constituting a part thereof. In connection with The Servicer shall forward to the Custodian or, at the request of the Owner, to the Owner or its designee, original documents evidencing an assumption, modification, consolidation or extension of any assumption or substitution agreement Mortgage Loan entered into pursuant to in accordance with this Section 3.18Agreement within ten (10) Business Days of their execution; provided, however, that the Servicer shall not change provide the Loan Rate Custodian with the certified true copy of any such documents submitted for recordation within two weeks of its execution, and shall provide the original of any document submitted for recordation or copy of such document certified by the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed appropriate public recording office to be in default, breach or any other violation a true and complete copy of the original within ninety days of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, submission for any reason whatsoeverrecordation.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Master Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Master Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Master Servicer, is not enforceable under applicable law. In such event, the Master Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Master Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage LoansAccepted Servicing Practices, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Master Servicer shall notify the Indenture Trustee and the Insurer in writing that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of completed, and add such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.183.13, the Master Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Master Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Master Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Servicer Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by the Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the FNMA or FHLMC Guides for “A” quality Mortgage Loans. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed (and, for adjustable rate Mortgage Loans, none of the applicable adjustable rate terms may not be changed). If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Purchaser shall be deemed to have consented to any assumption for which Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guides. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer The Seller shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer Seller shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Subsection 11.19, in accordance the Seller, with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fxxxxx Mxx Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow its underwriting practices and procedures. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, provided that pursuant to which assumption agreement, such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereonthereon and, in connection with such assumption, no material term of the Mortgage Note may be changed. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Insurer in writing that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of completed, and add such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.183.16, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall Seller will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 11.22, in accordance the Seller, with accepted the prior written consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures employed by the Seller for similar mortgage loans originated in accordance with the guidelines attached hereto as Exhibit B serviced by the Seller for its own account. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan and the outstanding principal amount of the Mortgage Loan shall not be changed. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Seller for entering into an assumption or substitution of liability agreement entered into in excess of 1% of the unpaid principal balance of the Mortgage Loan shall be deposited in the Custodial Account pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan11.04. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 11.22, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, or shall cause the Subservicer to, exercise its rights to accelerate the maturity of such Mortgage Loan under any “due-on-sale” clause to the extent permitted by law, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, exercise its right sale, and whether or not the Mortgagor remains or is to accelerate remain liable under the maturity of Mortgage Note and/or the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage NoteMortgage); provided, however, that the Servicer shall not, and shall cause the Subservicer not to, exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer or the Subservicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall, or shall cause the Subservicer to, enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerIf an assumption is allowed pursuant to this Section 6.01, in accordance the Servicer or the Subservicer, with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the Servicing Standard and shall cause the Subservicer to follow the Servicing Standard. With respect to an assumption or substitution of liability, the Mortgage Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall, or shall cause the Subservicer to, notify the Trustee Master Servicer that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Custodian, with a copy to the Master Servicer, the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer or the Subservicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly PaymentSubservicer, defer or forgive as the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loancase may be. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such eventwith the approval of the Purchaser, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Servicer. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed (except pursuant to the terms of the Mortgage Note). If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable enforce able under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Depositors, the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (or to the Custodian on behalf of the Trustee) the original of such substitution or assumption agreement and a duplicate thereof to the Depositors and the Certificate Insurer, which original shall be added by the Trustee (or by the Custodian on behalf of the Trustee) to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. With respect to any mortgage loan secured by an interest in an Illinois Land Trust, if the Servicer receives notice of the sale of the beneficial interest in a Illinois Land Trust or the related Mortgaged Property by the holder of a First Lien secured thereby to a Person other than the Servicer, the Depositors or the Trustee, then, prior to distribution of any proceeds of such sale, the Servicer shall demand in writing that such holder of a First Lien pay the amount necessary to satisfy all indebtedness under the Mortgage Loan from the proceeds of such sale. If such holder of a First Lien so requests, the Servicer shall furnish reasonable proof of the Depositor's and Trustee's interest with respect to such proceeds. Unless and until the Servicer has received instruction otherwise from the Majority in Aggregate Voting Interest (with the consent of the Certificate Insurer) or from the Certificate Insurer, the Servicer shall, with respect to any such First Lien and the related Mortgage Loan, follow servicing standards consistent with those of prudent lending institutions in the geographic area where the Mortgaged Property is located, including the making of any appropriate Servicing Advances with respect thereto. In any event, the Servicer shall follow any instructions from the Majority in Aggregate Voting Interest with the consent of the Certificate Insurer or from the Certificate Insurer as soon as practicable following receipt thereof.

Assumption Agreements. When a Mortgaged Property has --------------------- been or is about to be conveyed by the MortgagorObligor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Home Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage NoteDebt Instrument; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such eventevent or in the event the related Mortgage and Debt Instrument do not contain a "due-on-sale" clause, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note Debt Instrument and, unless prohibited by applicable lawlaw or the Home Loan documents, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage NoteDebt Instrument. The Servicer shall notify the Trustee Custodian that any such substitution or assumption agreement has been completed by forwarding to the Trustee Custodian the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Custodian to the related Mortgage Indenture Trustee's Home Loan File and shall, for all purposes, be considered a part of such Mortgage Indenture Trustee's Home Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Home Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Home Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Home Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Company will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Company shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy or Lender Primary Mortgage Insurance Policy, if any. If the Company reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the ServicerCompany, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Company, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Company shall follow the underwriting practices and procedures of the Company. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed (except pursuant to the terms of the Mortgage Note). If the credit of the proposed transferee does not meet such underwriting criteria, the Company diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Company shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Company for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanCompany. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Company shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Company may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable lawlaw or if such enforcement would materially increase the risk of default or delinquency on, or materially decrease the security for, such Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note; provided, however, that if any such Mortgaged Property shall constitute a part of either Pool I or Pool IV, the Servicer must obtain the prior approval of the Certificate Insurer. The Servicer shall notify the Trustee (and, with respect to Pool III Mortgage Loans, the Co-Trustee and the Custodian and, with respect to Pool I or Pool IV Mortgage Loans, the Certificate Insurer, that any such substitution or assumption agreement has been completed by forwarding to the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) the original of such substitution or assumption agreement and in the case of Pool I and Pool IV Mortgage Loans, a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) to the related Trustee's Mortgage File and shall, for all purposes, be considered a part of such Trustee's Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, (i) the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.; and (ii) the Servicer shall not take any action which would adversely affect the coverage of an FHA Loan for insurance by the FHA under Title I.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Subsection 11.19, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fxxxxx Mae Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been Developer shall not execute any deed conveying an interest in all or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity any portion of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; providedProject Site, however, that the Servicer and shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for transfer all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision portion of its interest in this Agreement, the Servicer ENA, the DDA or the Project, unless (i) Developer and the relevant Developer Successor have executed an assumption agreement (a “ Assumption Agreement”) governing conveyance of such interest in the Project, (ii) the Assumption Agreement requires Developer Successor to assume all Applicable Requirements with respect to the interest in the Project Site being acquired (provided, that any Developer Successor that acquires all or substantially all of Developer’s interest in the Project Site, and any Developer Successor which is a party to the DDA or the ENA, must assume all of Developer’s obligations under this Agreement, and shall not have such financial resources as shall be deemed reasonably sufficient to be perform obligations of Developer under Sections 2.2 and 3.2 hereof), (iii) such Assumption Agreement includes the requirements contained in defaultthis Agreement as a material term therein, breach or (iv) such Assumption Agreement provides that such requirements are enforceable by any other violation of its Lead Organization as intended third party beneficiaries, specifically, that Lead Organizations shall have the same rights to enforce such assumed obligations hereunder by reason against such Developer Successor as Lead Organizations had against Developer prior to execution of any assumption Assumption and Agreement, and (v) in the case of the Transfer of all or substantially all of Developer’s obligations under Section 2.2 or 3.2 hereof, Developer Successor shall have such financial resources as shall be reasonably sufficient to perform the obligations of Developer that are being so Transferred. Thirty (30) days prior to the execution by any entity of any Assumption Agreement, Developer shall deliver to Lead Organizations a Mortgage Loan copy of each such Assumption Agreement. Prior to the execution of any Assumption Agreements between Developer and any Developer Successor, Developer and Lead Organizations shall also meet and confer regarding such agreements to confirm the mechanism by operation which Developer Successor shall assume all obligations of law or Developer pursuant to this Agreement in order to ensure that this Agreement is implemented by any assumption which Developer Successor as intended by the Servicer may be restricted by law from preventingParties. Upon execution of any such Assumption Agreements, for any reason whatsoeverDeveloper shall deliver an executed copy thereof to Lead Organizations.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Depositors, the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (or to the Custodian on behalf of the Trustee) the original of such substitution or assumption agreement and a duplicate thereof to the Depositors and the Certificate Insurer, which original shall be added by the Trustee (or by the Custodian on behalf of the Trustee) to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. With respect to any mortgage loan secured by an interest in an Illinois Land Trust, if the Servicer receives notice of the sale of the beneficial interest in a Illinois Land Trust or the related Mortgaged Property by the holder of a First Lien secured thereby to a Person other than the Servicer, the Depositors or the Trustee, then, prior to distribution of any proceeds of such sale, the Servicer shall demand in writing that such holder of a First Lien pay the amount necessary to satisfy all indebtedness under the Mortgage Loan from the proceeds of such sale. If such holder of a First Lien so requests, the Servicer shall furnish reasonable proof of the Depositor's and Trustee's interest with respect to such proceeds. Unless and until the Servicer has received instruction otherwise from the Majority in Aggregate Voting Interest (with the consent of the Certificate Insurer) or from the Certificate Insurer, the Servicer shall, with respect to any such First Lien and the related Mortgage Loan, follow servicing standards consistent with those of prudent lending institutions in the geographic area where the Mortgaged Property is located, including the making of any appropriate Servicing Advances with respect thereto. In any event, the Servicer shall follow any instructions from the Majority in Aggregate Voting Interest with the consent of the Certificate Insurer or from the Certificate Insurer as soon as practicable following receipt thereof.

Assumption Agreements. When Subject to the provisions of the last paragraph of this Section 5.01, when a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable lawlaw or if such enforcement would materially increase the risk of default or delinquency on, or materially decrease the security for, such Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee (and, with respect to the Home Improvement Loans, the Custodian) that any such substitution or assumption agreement has been completed by forwarding to the Trustee (and, with respect to the Home Improvement Loans, the Custodian) the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee (and, with respect to the Home Improvement Loans, the Custodian) to the related Mortgage Trustee's Loan File and shall, for all purposes, be considered a part of such Mortgage Trustee's Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.185.01, the Servicer shall not change the Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, (i) the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever; and (ii) the Servicer shall not take any action which would adversely affect the coverage of an FHA Loan for insurance by the FHA under Title I. Further, the Servicer may, in a manner consistent with its servicing practices, permit an Obligor who is selling his principal residence and purchasing a new residence to substitute the new mortgaged property as collateral for the related Mortgage Loan. In such circumstances, the Servicer acknowledges that it intends to, consistent with its servicing practices, generally require such Obligor to make a partial prepayment in reduction of the principal balance of the Mortgage Loan to the extent that such Obligor has received proceeds from the sale of the prior residence that will not be applied to the purchase of the new residence.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer Countrywide shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Countrywide shall not exercise any such right if prohibited from doing so by law or the "terms of the Mortgage Note. If Countrywide reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer Countrywide shall enter into an assumption and modification agreement with the person Person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become Person becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 4.16, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized Purchaser authorizes Countrywide to enter into a substitution of liability whereby agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. The Servicer Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, Countrywide shall follow the underwriting practices and procedures employed by Countrywide for mortgage loans originated by Countrywide for its own account in effect at the time such assumption or substitution is made. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan and the outstanding principal amount of the Mortgage Loan shall not be changed. Countrywide shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage Collateral File and shall, for all purposes, be considered a part of such Mortgage Collateral File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant Notwithstanding anything to this Section 3.18the contrary contained herein, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer Countrywide shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer that Countrywide may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 4.16, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Borrower of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Borrower remains or is to remain liable under the Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related Mortgage such Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain Borrower remains liable thereon. The Where an assumption is allowed pursuant to this Section 11.19, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Borrower is released from liability and such person Person is substituted as mortgagor Borrower and becomes liable under the Mortgage related Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders mortgage loans similar to the Loans in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Loan Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Note may not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage Loan File and shall, for all purposes, be considered a part of such Mortgage Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 11.19, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer The Seller shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer Seller shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this 8.01, in accordance the Seller, with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Prop­erty has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding forward­ing to the Trustee Purchaser the original of any such substitution of liabil­ity or assumption agreement agree­ment, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to 8.04. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation viola­tion of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this 8.19, the term "assump­tion" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Interim Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Interim Servicer shall not exercise any such right rights if prohibited by law from doing so. If the Interim Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Interim Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Subsection 11.01, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Interim Servicer is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Interim Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located and Accepted Servicing Practices. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Interim Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Interim Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Interim Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by Except as otherwise provided in the Mortgagornext sentence, the Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance of any Mortgaged Property by any Mortgagor (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Debt Instrument and/or the Mortgage), exercise its right rights to accelerate the maturity of the related Mortgage such Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in if any, applicable thereto. If the reasonable belief of the Servicer, Servicer reasonably believes it is not enforceable unable under applicable law. In law to enforce such event"due-on-sale" clause or enforcement would materially increase the risk of default or delinquency on, or impair the security for, the Loan, the Servicer shall will enter into an assumption and modification agreement from or with the person to whom such property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note Debt Instrument and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor the Mortgagor and becomes liable under the Mortgage NoteDebt Instrument. In connection with any assumption or substitution, the Servicer shall apply Accepted Servicing Procedures. Any fee collected by the Servicer in respect of an assumption or substitution of liability agreement will be retained by the Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Debt Instrument (including, but not limited to, the related Loan Interest Rate and the amount of the Monthly Payment) may be amended or modified, except as otherwise required pursuant to the terms thereof. The Servicer shall notify the Indenture Trustee that any such substitution or assumption agreement has been completed by forwarding to the Indenture Trustee the original copy of such substitution or assumption agreement agreement, which original copy shall be added by the Trustee to the related Mortgage Indenture Trustee's Loan File and shall, for all purposes, be considered a part of such Mortgage Indenture Trustee's Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or by the terms of the Debt Instrument or any assumption which the Servicer believes in good faith that it may be restricted by law from preventing, for any reason whatsoeverwhatever. For purposes of this Section 7.1, the term "assumption" is deemed to also include a sale (of the Mortgaged Property) subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Subsection 11.19, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy or LPMI Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, the Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is with the approval of the Purchaser (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If the Servicer is prohibited under applicable law from (a) entering into an assumption agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed or (b) requiring the original Mortgagor to remain liable under the Mortgage Note, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by the Purchaser within two (2) Business Days of such notification. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. If the credit of the proposed transferee does not meet the Underwriting Standards, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee and the Securities Administrator that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Borrower of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Borrower remains or is to remain liable under the Promissory Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related Mortgage such Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any, and shall not be required to exercise such rights if the transferee of the Mortgaged Property would qualify for an assumption or substitution under the Servicer's underwriting guidelines. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Promissory Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain Borrower remains liable thereon. The Where an assumption is allowed pursuant to this Section 4.12, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Borrower is released from liability and such person Person is substituted as mortgagor Borrower and becomes liable under the Mortgage related Promissory Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Loan Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Promissory Note may not be changed. The Servicer shall notify the Trustee Issuer and the Noteholders that any such substitution of liability or assumption agreement has been completed by forwarding and shall forward to the Trustee Custodian the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage Loan File and shall, for all purposes, be considered a part of such Mortgage Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loanbe deemed additional Servicing Compensation. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 4.12, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Purchaser shall be deemed to have consented to any assumption for which Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the FNMA Guides. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; providedPROVIDED, howeverHOWEVER, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Master Servicer that any such substitution or assumption agreement has been completed by forwarding to the Indenture Trustee and the Master Servicer the original of such substitution or assumption agreement which original shall be added by the Indenture Trustee or its Custodian to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer The Seller shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law from doing so. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer Seller shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Subsection 11.19, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Seller is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Seller shall follow its Underwriting Guidelines. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a (a) The Servicer will use its best efforts to enforce any "due-on-sale" provision contained in any Mortgage or Mortgage Note and to deny assumption by the person to whom the Mortgaged Property has been or is about to be conveyed sold, whether by absolute conveyance or by contract of sale and whether or not the MortgagorMortgagor remains liable on the Mortgage and the Mortgage Note, provided that in accordance with the terms of the Mortgage Note, the Servicer shall, may permit an assumption (i) if the Servicer reasonably believes it is unable under Applicable Requirements to the extent it has knowledge of enforce such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in or (ii) if the enforcement of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. In connection with any such assumption, the related Mortgage or Mortgage Note; providedInterest Rate, however, that the Servicer shall not exercise any such right if Unpaid Principal Balance and the "due-on-sale" clause, in the reasonable belief term of the Servicer, Mortgage Loan may not be changed. If an assumption is not enforceable under applicable law. In such eventallowed pursuant to this Section 4.1(a), the Servicer is authorized, at the Servicer's discretion, which shall enter into an assumption and modification agreement with be in the person best interests of the Owner, to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into prepare a substitution of liability whereby such person agreement to be entered into by the Owner and the purchaser of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the purchaser of the Mortgaged Property is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note; provided that the Servicer shall enter into such substitution of liability agreement only if the purchaser of the Mortgaged Property satisfies the underwriting criteria of the applicable Seller then in effect and has a credit risk rating at least equal to that of the original Mortgagor. Any such substitution of liability agreement shall be in lieu of an assumption agreement. If an assumption fee is collected by the Servicer for entering into an assumption agreement, the entire amount of such fee may be retained by the Servicer as additional servicing compensation. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, responsible for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with recording any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoeverliability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable lawlaw or if such enforcement would materially increase the risk of default or delinquency on, or materially decrease the security for, such Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee (and, with respect to Pool III Mortgage Loans, the Co-Trustee and the Custodian) and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) the original of such substitution or assumption agreement and a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) to the related Trustee's Mortgage File and shall, for all purposes, be considered a part of such Trustee's Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, (i) the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.; and (ii) the Servicer shall not take any action which would adversely affect the coverage of an FHA Loan for insurance by the FHA under Title I.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; providedPROVIDED, howeverHOWEVER, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Depositors, the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (or to the Custodian on behalf of the Trustee) the original of such substitution or assumption agreement and a duplicate thereof to the Depositors and the Certificate Insurer, which original shall be added by the Trustee (or by the Custodian on behalf of the Trustee) to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18SECTION 7.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. With respect to any mortgage loan secured by an interest in an Illinois Land Trust, if the Servicer receives notice of the sale of the beneficial interest in a Illinois Land Trust or the related Mortgaged Property by the holder of a First Lien secured thereby to a Person other than the Servicer, the Depositors or the Trustee, then, prior to distribution of any proceeds of such sale, the Servicer shall demand in writing that such holder of a First Lien pay the amount necessary to satisfy all indebtedness under the Mortgage Loan from the proceeds of such sale. If such holder of a First Lien so requests, the Servicer shall furnish reasonable proof of the Depositor's and Trustee's interest with respect to such proceeds. Unless and until the Servicer has received instruction otherwise from the Majority in Aggregate Voting Interest (with the consent of the Certificate Insurer) or from the Certificate Insurer, the Servicer shall, with respect to any such First Lien and the related Mortgage Loan, follow servicing standards consistent with those of prudent lending institutions in the geographic area where the Mortgaged Property is located, including the making of any appropriate Servicing Advances with respect thereto. In any event, the Servicer shall follow any instructions from the Majority in Aggregate Voting Interest with the consent of the Certificate Insurer or from the Certificate Insurer as soon as practicable following receipt thereof.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Master Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Master Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Master Servicer, is not enforceable under applicable law. In such event, the The Master Servicer shall to the extent it has knowledge of such conveyance or prospective conveyance, be authorized to enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Master Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Master Servicer shall notify the Trustee Trust Administrator that any such substitution or assumption agreement has been completed by forwarding to the Trustee Trust Administrator the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Trust Administrator to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18Section, the Master Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or amount, extend the final maturity date on such Mortgage LoanLoan or otherwise modify the Mortgage Loan in such a manner as to constitute a "significant modification" under the Code or cause the REMIC created hereunder to fail to qualify as a REMIC under the Code. Any fee collected by the Master Servicer for consenting to such conveyance or entering into such modification shall be retained by or paid to the Master Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Master Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Master Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallCountrywide Servicing will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Countrywide Servicing shall not exercise any such right rights if prohibited by law or the "terms of the Mortgage Note from doing so. If Countrywide Servicing reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall Countrywide Servicing will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 3.22, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Countrywide Servicing is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. The Servicer Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, Countrywide Servicing shall follow the underwriting practices and procedures employed by Countrywide Servicing for similar mortgage loans originated in accordance with its underwriting guidelines and serviced by Countrywide Servicing for its own account. With respect to an assumption or substitution of liability, the Mortgage Rate borne by the related Mortgage Note, the term of the Mortgage Loan and the outstanding Stated Principal Balance of the Mortgage Loan shall not be changed. Countrywide Servicing shall notify the Trustee that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by Countrywide Servicing for entering into an assumption or substitution of liability agreement entered into in excess of 1% of the unpaid Stated Principal Balance of the Mortgage Loan shall be deposited in the Collection Account pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan3.04. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Countrywide Servicing shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Countrywide Servicing may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.22, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, provided that pursuant to which assumption agreement, such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereonthereon and, in connection with such assumption, no material term of the Mortgage Note may be changed. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Insurer in writing that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of completed, and add such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.183.16, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fxxxxx Mxx Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee and the Master Servicer that any such substitution or assumption agreement has been completed by forwarding to the Trustee Trustee, the Custodian and the Master Servicer the original of such substitution or assumption agreement which original shall be added by the Trustee or its Custodian to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the a Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if (i) the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law, or (ii) the Servicer, in a manner consistent with reasonable commercial practice, permits the purchaser of the related Mortgaged Property to assume the Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized authorized, with the prior approval of the Certificate Insurer, to enter into a substitution of liability whereby agreement with such person is and such person will be substituted as mortgagor and becomes become liable under the Mortgage Note; provided, however, that the Servicer shall have no liability under this Section 3.19 if the Certificate Insurer fails to respond to notice by the Servicer of a proposed substitution within two (2) Business Days of receipt thereof by the Certificate Insurer, provided that the Servicer acts in accordance with the servicing standards set forth in this Agreement. The Servicer shall notify the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement and a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.183.19, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach of, or in any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Insurer in writing that any such substitution or assumption agreement has been completed by forwarding completed, and forward to the Indenture Trustee the original of such substitution or assumption agreement agreement, which original shall be added by the Indenture Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; providedPROVIDED, howeverHOWEVER, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable State law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guide or of the Xxxxxxx Mac Guide related to “A”-quality mortgage loans. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment, and the final maturity date may not be changed. In addition, for ARM Loans, in no event shall the Index, Margin, Periodic Rate Cap, Adjustment Date, Lifetime Rate Cap or minimum rate be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property or Manufactured Home has been or is about to be conveyed by the Mortgagor, the Servicer shallObligor, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall authorized to enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which either (i) such person shall become liable under the Contract or Mortgage Note andand related Mortgage, unless prohibited by applicable law, and the Mortgagor Obligor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby thereon or (ii) such person is substituted as mortgagor Obligor and becomes liable under the Contract or Mortgage NoteNote and related Mortgage. The Servicer shall notify the Indenture Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee Custodian the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Custodian to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18Section, the Servicer shall not change the Loan Receivable Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanReceivable. Any fee collected by the Servicer for consenting to such conveyance or entering into such modification shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan Receivable by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Interim Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-“due on sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Interim Servicer shall not exercise any such right rights if prohibited by law from doing so or if the "due-on-exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Interim Servicer reasonably believes it is unable under applicable law to enforce such “due on sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Interim Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Subsection 11.01, the Interim Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Interim Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Interim Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Interim Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Interim Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Interim Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Interim Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Interim Servicer shall not exercise any such right rights if prohibited by law from doing so. If the "Interim Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Interim Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Subsection 11.19, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Interim Servicer is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Interim Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Interim Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Interim Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Interim Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Interim Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Mae Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Insurer in writing that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of completed, and add such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Purchaser shall be deemed to have consented to any assumption for which Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the XXXXXX XXX Guides. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Purchaser shall be deemed to have consented to any assumption for which Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the FNMA Guides. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer Countrywide shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Countrywide shall not exercise any such right if prohibited from doing so by law or the "terms of the Mortgage Note. If Countrywide reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer Countrywide shall enter into an assumption and modification agreement with the person Person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become Person becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 3.16, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized Purchaser authorizes Countrywide to enter into a substitution of liability whereby agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. The Servicer Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, Countrywide shall follow the underwriting practices and procedures employed by Countrywide for mortgage loans originated by Countrywide for its own account in effect at the time such assumption or substitution is made. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan, the outstanding principal amount of the Mortgage Loan and the final maturity date of such Mortgage Loan shall not be changed. Countrywide shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser or its designee the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage Collateral File and shall, for all purposes, be considered a part of such Mortgage Collateral File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant Notwithstanding anything to this Section 3.18the contrary contained herein, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer Countrywide shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer that Countrywide may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.16, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Company will, to the extent it has actual knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Company shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy or Lender Primary Mortgage Insurance Policy, if any. If the Company reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall Company will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Company, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Company shall follow the underwriting practices and procedures of the Company. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment and the maturity date may not be changed (except pursuant to the terms of the Mortgage Note). If the credit of the proposed transferee does not meet such underwriting criteria, the Company diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer Company shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Company for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanCompany. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Company shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Company may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the a Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if (i) the "“due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law, or (ii) the Servicer, in a manner consistent with reasonable commercial practice, permits the purchaser of the related Mortgaged Property to assume the Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized authorized, with the prior approval of the Certificate Insurer, to enter into a substitution of liability whereby agreement with such person is and such person will be substituted as mortgagor and becomes become liable under the Mortgage Note; provided, however, that the Servicer shall have no liability under this Section 3.19 if the Certificate Insurer fails to respond to notice by the Servicer of a proposed substitution within two (2) Business Days of receipt thereof by the Certificate Insurer; provided, that the Servicer acts in accordance with the servicing standards set forth in this Agreement. The Servicer shall notify the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement and a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.183.19, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach of, or in any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shallThe Seller will, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer Seller shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Seller reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief Seller, with the approval of the ServicerPurchaser (such approval not to be unreasonably withheld), is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 6.01, in accordance the Seller, with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Servicer Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by the Purchaser within two (2) Business Days of such notification. 57 In connection with any such assumption or substitution of liability, the Seller shall follow the underwriting practices and procedures of the FNMA or FHLMC Guides for “A” quality Mortgage Loans. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed (and, for adjustable rate Mortgage Loans, none of the applicable adjustable rate terms may not be changed). If the credit of the proposed transferee does not meet such underwriting criteria, the Seller diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Seller shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Seller for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSeller. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer Seller shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer Seller may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the such Servicer shall, at its option, to the extent it has knowledge of such conveyance or prospective conveyance, either (i) exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Underlying Note; provided, however, that the such Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the such Servicer, is not enforceable under applicable law. In law or if such eventenforcement would materially increase the risk of default or delinquency on, or materially decrease the Servicer shall security for, such Loan, or (ii) enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Underlying Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor Obligor shall remain liable thereon. The Such Servicer may enter into an assumption agreement with the transferee only if (a) the transferee qualifies for credit under the customary credit policies of such Servicer, (b) an officer of such Servicer has examined and approved all instruments as are necessary to carry out the assumption transaction and approved such instruments as to form and substance, (c) the execution and delivery of such instruments by all necessary parties will not cause the unpaid principal balance and any accrued interest thereon for the Loan to be uncollectible in accordance with accepted mortgage loan servicing standards whole or in part, and (d) upon closing the assumption transaction (i) the Mortgage will continue to be a first lien upon the Mortgaged Property, and (ii) the Loan Rate and Monthly Payment for mortgage loans similar the Loan will not be changed nor will the term of the Note be extended or shortened. For each proposed assumption transaction, such Servicer shall deliver an Officer's Certificate to the Mortgage Loans, Trustee certifying that each of the applicable requirements specified in the immediately preceding sentence have been satisfied together with the assumption instruments requiring execution by the Trustee. Such certificate shall also indicate whether the seller/transferor of the Mortgaged Property will be released from liability on the Loan and that such Servicer has made a good faith determination that any such release will not adversely affect the collectibility of the Loan. Such Servicer shall perform substantially the same level of due diligence with respect to the transferee as was performed on the seller/transferor in connection with the origination of the Loan and shall release the seller/transferor from liability only if any applicable Law requires that the transferor-Obligor be released from liability on the Loan or such Servicer has made a good faith determination that the applicable requirements set forth above have been satisfied. Such Servicer is also authorized with the prior approval of the Trustee to enter into a substitution of liability whereby agreement with such transferee, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Underlying Note. The Such Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee to the related Mortgage Trustee's Loan File and shall, for all purposes, be considered a part of such Mortgage Trustee's Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with Any fee collected by such Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement entered into pursuant shall be retained by or paid to this Section 3.18, the such Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loanas additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the such Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the such Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If the Servicer is prohibited under applicable law from (a) entering into an assumption agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed or (b) requiring the original Mortgagor to remain liable under the Mortgage Note, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guides. In connection with any such assumption, neither the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan, the outstanding principal amount of the Mortgage Loan nor any other materials terms shall be changed without Purchaser's consent. If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Subsection 11.19, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Subsection 11.04. Notwithstanding the foregoing paragraph paragraphs of this Subsection or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Subsection 11.19, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the Owner and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Owner shall be deemed to have consented to any assumption for which Owner was given notification and requested to consent, but for which neither a consent nor an objection was given by Owner within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Mae Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the Lifetime Rate Cap, the Initial Rate Cap, the Periodic Rate Cap, the Gross Margin and the amount of the Monthly Payment and the maturity date may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage Servicing File and shall, for all purposes, be considered a part of such Mortgage Servicing File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, at its option, to the extent it has knowledge of such conveyance or prospective conveyance, either (i) exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Underlying Note; provided, however, that the such Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the such Servicer, is not enforceable under applicable law. In law or if such eventenforcement would materially increase the risk of default or delinquency on, or materially decrease the Servicer shall security for, such Loan, or (ii) enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Underlying Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor Obligor shall remain liable thereon. The Such Servicer may enter into an assumption agreement with the transferee only if (a) the transferee qualifies for credit under the customary credit policies of such Servicer, (b) an officer of such Servicer has examined and approved all instruments as are necessary to carry out the assumption transaction and approved such instruments as to form and substance, (c) the execution and delivery of such instruments by all necessary parties will not cause the unpaid principal balance and any accrued interest thereon for the Loan to be uncollectible in accordance with accepted mortgage loan servicing standards whole or in part, and (d) upon closing the assumption transaction (i) the Mortgage will continue to be a first lien upon the Mortgaged Property, and (ii) the Loan Rate and Monthly Payment for mortgage loans similar the Loan will not be changed nor will the term of the Note be extended or shortened. For each proposed assumption transaction, such Servicer shall deliver an Officer's Certificate to the Mortgage Loans, Trustee certifying that each of the applicable requirements specified in the immediately preceding sentence have been satisfied together with the assumption instruments requiring execution by the Trustee. Such certificate shall also indicate whether the seller/transferor of the Mortgaged Property will be released from liability on the Loan and that such Servicer has made a good faith determination that any such release will not adversely affect the collectibility of the Loan. Such Servicer shall perform substantially the same level of due diligence with respect to the transferee as was performed on the seller/transferor in connection with the origination of the Loan and shall release the seller/transferor from liability only if any applicable Law requires that the transferor-Obligor be released from liability on the Loan or such Servicer has made a good faith determination that the applicable requirements set forth above have been satisfied. Each Servicer is also authorized with the prior approval of the Trustee to enter into a substitution of liability whereby agreement with such transferee, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Underlying Note. The Such Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee to the related Mortgage Trustee's Loan File and shall, for all purposes, be considered a part of such Mortgage Trustee's Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with Any fee collected by such Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement entered into pursuant shall be retained by or paid to this Section 3.18, the such Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loanas additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the such Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the such Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Home Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage NoteDebt Instrument; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such eventevent or in the event the related Mortgage and Debt Instrument do not contain a "due-on-sale" clause, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note Debt Instrument and, unless prohibited by applicable lawlaw or the Home Loan documents, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage NoteDebt Instrument. The Servicer shall notify the Trustee Custodian that any such substitution or assumption agreement has been completed by forwarding to the Trustee Custodian the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Custodian to the related Mortgage Indenture Trustee's Home Loan File and shall, for all purposes, be considered a part of such Mortgage Indenture Trustee's Home Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Home Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Home Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Home Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement and a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee to the related Trustee's Mortgage File and shall, for all purposes, be considered a part of such Trustee's Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Note Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Indenture Trustee and the Note Insurer that any such substitution or assumption agreement has been completed by forwarding to the Indenture Trustee the original of such substitution or assumption agreement and a duplicate thereof to the Note Insurer, which original shall be added by the Indenture Trustee to the related Trustee's Mortgage File and shall, for all purposes, be considered a part of such Trustee's Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; providedPROVIDED, howeverHOWEVER, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Administrative Borrower and Agent (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this SECTION 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. The Servicer shall notify the Trustee that any Any such substitution or assumption of liability agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part in lieu of such Mortgage File to the same extent as all other documents and instruments constituting a part thereofan assumption agreement. In connection with any such assumption or substitution agreement entered into pursuant to this Section 3.18of liability, the Servicer shall not change follow the Loan underwriting practices and procedures set forth in the Approved Underwriting Guidelines. With respect to an assumption or substitution of liability, the Mortgage Interest Rate or borne by the related Mortgage Note and the amount of the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall Payment may not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.be

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, or shall cause the Subservicer to, exercise its rights to accelerate the maturity of such Mortgage Loan under any “due-on-sale” clause to the extent permitted by law, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, exercise its right sale, and whether or not the Mortgagor remains or is to accelerate remain liable under the maturity of Mortgage Note and/or the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage NoteMortgage); provided, however, that the Servicer shall not, and shall cause the Subservicer not to, exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer or the Subservicer, as the case may be, reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall, or shall cause the Subservicer to, enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The ServicerIf an assumption is allowed pursuant to this Section 6.01, in accordance the Servicer or the Subservicer, as applicable, with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall, or shall cause the Subservicer to, follow the Servicing Standard. With respect to an assumption or substitution of liability, the Mortgage Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall, or shall cause the Subservicer to, notify the Trustee Master Servicer that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Custodian, with a copy to the Master Servicer, the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer or the Subservicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly PaymentSubservicer, defer or forgive as the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loancase may be. Notwithstanding the foregoing paragraph paragraphs of this Section 6.01 or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, at its option, to the extent it has knowledge of such conveyance or prospective conveyance, either (i) exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Underlying Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In law or if such eventenforcement would materially increase the risk of default or delinquency on, or materially decrease the Servicer shall security for, such Loan, or (ii) enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Underlying Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor Obligor shall remain liable thereon. The Servicer may enter into an assumption agreement with the transferee only if (a) the transferee qualifies for credit under the customary credit policies of the Servicer, (b) an officer of the Servicer has examined and approved all instruments as are necessary to carry out the assumption transaction and approved such instruments as to form and substance, (c) the execution and delivery of such instruments by all necessary parties will not cause the unpaid principal balance and any accrued interest thereon for the Loan to be uncollectible in accordance with accepted mortgage loan servicing standards whole or in part, (d) such assumption will not cause the related Mortgage Loan to cease to be an Eligible Mortgage Loan; or cause the Aggregate Principal to exceed the Borrowing Base due to additional Excess Concentration Amounts or otherwise, and (e) upon closing the assumption transaction (i) the Mortgage will continue to be a first lien upon the Mortgaged Property, and (ii) the Loan Rate and Monthly Payment for mortgage loans similar the related Loan will not be changed nor will the term of the Note be extended or shortened. For each proposed assumption transaction, the Servicer shall deliver an Officer's Certificate to the Mortgage Loans, Agent certifying that each of the applicable requirements specified in the immediately preceding sentence have been satisfied together with the assumption instruments requiring execution by the Agent. Such certificate shall also indicate whether the seller/transferor of the Mortgaged Property will be released from liability on the Loan and that the Servicer has made a good faith determination that any such release will not adversely affect the collectibility of the Loan. The Servicer shall perform substantially the same level of due diligence with respect to the transferee as was performed on the seller/transferor in connection with the origination of the Loan and shall release the seller/transferor from liability only if any applicable Law requires that the seller/transferor be released from liability on the Loan or the Servicer has made a good faith determination that the applicable requirements set forth above have been satisfied. The Servicer is also authorized with the prior approval of the Agent to enter into a substitution of liability whereby agreement with such transferee, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Underlying Note. The Servicer shall notify the Trustee Agent that any such substitution or assumption agreement has been completed by forwarding to the Trustee and the original of such substitution or assumption agreement which original agreement, shall be added by the Trustee Servicer to the related Mortgage appropriate Loan File and shall, for all purposes, be considered a part of such Mortgage Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement entered into pursuant shall be retained by or paid to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loanas additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Owner and Lender (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Approved Underwriting Guidelines. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner and Lender that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner and Lender the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Purchaser (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If the Servicer is prohibited under applicable law from (a) entering into an assumption agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed or (b) requiring the original Mortgagor to remain liable under the Mortgage Note, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither consent nor an objection was given by the Purchaser within two Business Days of such notification. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fannie Mae Guides. With respect to an assumption or substitution of liaxxxxxx, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 11.19, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, Mortgage Interest Rate, the amount of the Monthly Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment in excess of principal or interest, reduce 1% of the outstanding principal amount or extend balance of the final maturity date on such Mortgage LoanLoan shall be deposited in the Custodial Account pursuant to Section 11.04. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 11.19, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Borrower of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Borrower remains or is to remain liable under the Promissory Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related Mortgage such Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy, if any, and shall not be required to exercise such rights if the transferee of the Mortgaged Property would qualify for an assumption or substitution under the Servicer’s underwriting guidelines. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Promissory Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain Borrower remains liable thereon. The Where an assumption is allowed pursuant to this Section 4.12, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the insurer under the Primary Insurance Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Borrower is released from liability and such person Person is substituted as mortgagor Borrower and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.related

Assumption Agreements. When Subject to the provisions of the last paragraph of this Section 5.01, when a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Business Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable lawlaw or if such enforcement would materially increase the risk of default or delinquency on, or materially decrease the security for, such Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Business Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Business Note. The Servicer shall notify the Indenture Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee Custodian the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Custodian to the related Mortgage Indenture Trustee's Loan File and shall, for all purposes, be considered a part of such Mortgage Indenture Trustee's Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.185.01, the Servicer shall not change the Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable State law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior consent of the insurer under the Primary Insurance Policy or LPMI Policy, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guide related to “A” quality mortgage loans. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note, the amount of the Monthly Payment, and the final maturity date may not be changed. In addition, for ARM Loans, in no event shall the Index, Margin, Periodic Rate Cap, Adjustment Date, Lifetime Rate Cap or minimum rate be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of a Mortgaged Property (whether by absolute conveyance or by contract of, sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Owner (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior consent of the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fxxxxx Mae Guide. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Owner the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage File related mortgage file to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the The Servicer shall to the extent it has knowledge of such conveyance or prospective conveyance, be authorized to enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become liable under the Mortgage Note and, unless prohibited by applicable law, the Mortgagor shall remain liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, is also authorized to enter into a substitution of liability whereby such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee [and the Certificate Insurer] that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.18Section, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, Any fee collected by the Servicer for consenting to such conveyance or entering into such modification shall not be deemed retained by or paid to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoeveras additional servicing compensation.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable enforce able under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Depositors, the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (or to the Custodian on behalf of the Trustee) the original of such substitution or assumption agreement and a duplicate thereof to the Depositors and the Certificate Insurer, which original shall be added by the Trustee (or by the Custodian on behalf of the Trustee) to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or 134 substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. With respect to any mortgage loan secured by an interest in an Illinois Land Trust, if the Servicer receives notice of the sale of the beneficial interest in a Illinois Land Trust or the related Mortgaged Property by the holder of a First Lien secured thereby to a Person other than the Servicer, the Depositors or the Trustee, then, prior to distribution of any proceeds of such sale, the Servicer shall demand in writing that such holder of a First Lien pay the amount necessary to satisfy all indebtedness under the Mortgage Loan from the proceeds of such sale. If such holder of a First Lien so requests, the Servicer shall furnish reasonable proof of the Depositor's and Trustee's interest with respect to such proceeds. Unless and until the Servicer has received instruction otherwise from the Majority in Aggregate Voting Interest (with the consent of the Certificate Insurer) or from the Certificate Insurer, the Servicer shall, with respect to any such First Lien and the related Mortgage Loan, follow servicing standards consistent with those of prudent lending institutions in the geographic area where the Mortgaged Property is located, including the making of any appropriate Servicing Advances with respect thereto. In any event, the Servicer shall follow any instructions from the Majority in Aggregate Voting Interest with the consent of the Certificate Insurer or from the Certificate Insurer as soon as practicable following receipt thereof.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such "due-on-sale" clause, in the reasonable belief of the Servicer, is with the approval of the Purchaser (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If the Servicer is prohibited under applicable law from (a) entering into an assumption agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed or (b) requiring the original Mortgagor to remain liable under the Mortgage Note, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither a consent nor an objection was given by the Purchaser within two (2) Business Days of such notification. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Fannie Mae Guides. With respect to an assumption or substitution of liaxxxxxx, xxe Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term "assumption" is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about With respect to be conveyed by the Mortgagor, each Mortgage Loan the Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall not exercise any such right rights (a) if prohibited by law from doing so, or (b) if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Insurance Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under Applicable Regulations to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall will enter into an assumption and modification agreement with the person Person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become Person becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Where an assumption is allowed pursuant to this Section 6.01, the Servicer, in accordance with accepted the prior written consent of the primary mortgage loan servicing standards for mortgage loans similar insurer, if any, and to the Mortgage Loansextent required by the applicable Primary Insurance Policy, is also authorized to enter into prepare a substitution of liability whereby agreement and any other document required in connection therewith to be entered into by the Owner and the Person to whom the Mortgaged Property has been conveyed or is to be proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. Notwithstanding anything herein to the contrary, prior to its entering into any such assumption or substitution of liability, the Servicer shall notify the Owner in writing and obtain the written consent of the Owner; provided, that the Owner’s consent shall be deemed given if not denied within five (5) Business Days of Owner’s receipt of such notice. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of prudent mortgage lenders in the respective states where the Mortgaged Properties are located. With respect to an assumption or substitution of liability, no material term of the Mortgage Loan may be changed, including without limitation, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment. The Servicer shall notify the Trustee Owner that any such substitution of liability or assumption agreement has been completed by forwarding and forward to the Trustee Custodian the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File Loan Documents and shall, for all purposes, be considered a part of such Mortgage Servicing File to the same extent as all other documents and instruments constituting a part thereof. In connection with The Servicer shall forward to the Custodian or, at the request of the Owner, to the Owner or its designee, original documents evidencing an assumption, modification, consolidation or extension of any assumption or substitution agreement Mortgage Loan entered into pursuant to in accordance with this Section 3.18Agreement within ten (10) Business Days of their execution; provided, however, that the Servicer shall not change provide the Loan Rate Custodian with the certified true copy of any such documents submitted for recordation within two weeks of its execution, and shall provide the original of any document submitted for recordation or copy of such document certified by the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed appropriate public recording office to be in default, breach or any other violation a true and complete copy of the original within ninety days of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, submission for any reason whatsoeverrecordation.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable lawlaw or if such enforcement would materially increase the risk of default or delinquency on, or materially decrease the security for, such Mortgage Loan. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note; provided, however, that if any such Mortgaged Property shall constitute a part of either Pool I or Pool II, the Servicer must obtain the prior approval of the Certificate Insurer. The Servicer shall notify the Trustee (and, with respect to Pool III Mortgage Loans, the Co-Trustee and the Custodian and, with respect to Pool I or Pool II Mortgage Loans, the Certificate Insurer, that any such substitution or assumption agreement has been completed by forwarding to the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) the original of such substitution or assumption agreement and in the case of Pool I and Pool II Mortgage Loans, a duplicate thereof to the Certificate Insurer, which original shall be added by the Trustee (and, with respect to the Pool III Mortgage Loans, the Custodian) to the related Trustee's Mortgage File and shall, for all purposes, be considered a part of such Trustee's Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional servicing compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, (i) the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.; and (ii) the Servicer shall not take any action which would adversely affect the coverage of an FHA Loan for insurance by the FHA under Title I.

Assumption Agreements. When a (a) The Servicer will use its best efforts to enforce any “due-on-sale” provision contained in any Mortgage or Mortgage Note and to deny assumption by the person to whom the Mortgaged Property has been or is about to be sold, whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains liable on the Mortgage and the Mortgage Note, provided that in accordance with the terms of the Mortgage Note, the Servicer may permit an assumption if but only if the Servicer approves the creditworthiness of the assuming party in accordance with the Underwriting Guidelines. When the Mortgaged Property has been conveyed by the Mortgagor, the Servicer shallwill, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "the “due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer shall will not exercise any such right rights if prohibited by Applicable Requirements from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under Applicable Requirements to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter (unless otherwise required by law and in any event will notify the Owner of such requirement) will request the written permission of the Primary Mortgage Insurer, if required to cause the coverage under the Primary Mortgage Insurance Policy to remain in full force and effect, and the Owner prior to entering into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable lawApplicable Requirements, the Mortgagor shall remain remains liable thereon. The In connection with any such assumption, the related Mortgage Interest Rate, the Unpaid Principal Balance, the Lifetime Rate Cap (if applicable), the Gross Margin (if applicable), the Initial Rate Cap (if applicable) or the Periodic Rate Cap (if applicable) of the related Mortgage Note and the term of the Mortgage Loan may not be changed. If an assumption is allowed pursuant to this Section 5.1(a), the Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the prior consent of the Primary Mortgage LoansInsurer, if any, is also authorized to enter into a substitution of liability whereby such person agreement with the purchaser of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the purchaser of the Mortgaged Property is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any Any such substitution or assumption of liability agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part in lieu of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any an assumption or substitution agreement entered into pursuant to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoeveragreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such eventevent or in the event the related Mortgage and Note do not contain a "due-on-sale" clause, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage Note. The Servicer shall notify the Trustee that any such substitution or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee to the related Trustee's Mortgage Loan File and shall, for all purposes, be considered a part of such Trustee's Mortgage Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Mortgage Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer SPS shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in the related Mortgage or Mortgage Noteapplicable thereto; provided, however, that the Servicer SPS shall not exercise any such right rights if the "prohibited by applicable law from doing so. If SPS reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer SPS shall enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable law, the Mortgagor shall remain remains liable thereon. The ServicerWhere an assumption is allowed pursuant to this Section 10.19, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, SPS is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor Mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. In connection with any such assumption or substitution of liability, SPS shall follow the underwriting practices and procedures of prudent mortgage lenders in the state in which the related Mortgaged Property is located. With respect to an assumption or substitution of liability, the Mortgage Rate, the amount of the Scheduled Payment, and the final maturity date of such Mortgage Note may not be changed. The Servicer shall notify the Trustee that original of any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee the original of such substitution or assumption agreement which original shall be added by the Trustee to the related Trustee Mortgage File and shall, for all purposes, be considered a part of such Trustee Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any Any fee collected by SPS for entering into an assumption or substitution of liability agreement entered into pursuant to this Section 3.18, shall be for the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment benefit of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanSPS as part of its servicing compensation. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer SPS shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer SPS may be restricted by applicable law from preventing, for any reason whatsoever. For purposes of this Section 1019, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the MortgagorObligor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Home Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage NoteDebt Instrument; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such eventevent or in the event the related Mortgage and Debt Instrument do not contain a "due-on-sale" clause, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note Debt Instrument and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain Obligor remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Obligor is released from liability and such person is substituted as mortgagor Obligor and becomes liable under the Mortgage NoteDebt Instrument. The Servicer shall notify the Trustee Custodian that any such substitution or assumption agreement has been completed by forwarding to the Trustee Custodian the original of such substitution or assumption agreement agreement, which original shall be added by the Trustee Custodian to the related Mortgage Indenture Trustee's Home Loan File and shall, for all purposes, be considered a part of such Mortgage Indenture Trustee's Home Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Home Loan Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Home Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. SALE AND SERVICING AGREEMENT (Series 1996-4) - Page 71 80 Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Home Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the The Servicer shall, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance by any Mortgagor of the Mortgaged Property (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "“due-on-sale" ” clause contained in to the related Mortgage or Mortgage Noteextent permitted by law; provided, however, that the Servicer shall not exercise any such right rights if prohibited by law or the terms of the Mortgage Note from doing so or if the "exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale" ” clause, in the reasonable belief of the Servicer, is with the approval of the Purchaser (such approval not enforceable under applicable law. In such eventto be unreasonably withheld), the Servicer shall will enter into an assumption and modification agreement with the person to whom such property the Mortgaged Property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The If the Servicer is prohibited under applicable law from (a) entering into an assumption agreement with the Person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed or (b) requiring the original Mortgagor to remain liable under the Mortgage Note, the Servicer, in accordance with accepted the prior consent of the Purchaser and the primary mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansinsurer, if any, is also authorized to enter into a substitution of liability whereby agreement with the person to whom the Mortgaged Property has been conveyed or is proposed to be conveyed pursuant to which the original Mortgagor is released from liability and such person Person is substituted as mortgagor and becomes liable under the related Mortgage Note. Any such substitution of liability agreement shall be in lieu of an assumption agreement. The Purchaser shall be deemed to have consented to any assumption for which the Purchaser was given notification and requested to consent, but for which neither consent nor an objection was given by the Purchaser within two Business Days of such notification. In connection with any such assumption or substitution of liability, the Servicer shall follow the underwriting practices and procedures of the Xxxxxx Xxx Guides. With respect to an assumption or substitution of liability, the Mortgage Interest Rate borne by the related Mortgage Note and the amount of the Monthly Payment may not be changed. If the credit of the proposed transferee does not meet such underwriting criteria, the Servicer diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan. The Servicer shall notify the Trustee Purchaser that any such substitution of liability or assumption agreement has been completed by forwarding to the Trustee Purchaser the original of any such substitution of liability or assumption agreement agreement, which original document shall be added by the Trustee to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any All fees collected by the Servicer for entering into an assumption or substitution of liability agreement entered into pursuant shall belong to this Section 3.18, the Servicer shall not change the Loan Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanServicer. Notwithstanding the foregoing paragraph paragraphs of this Section or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 6.01, the term “assumption” is deemed to also include a sale of the Mortgaged Property subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by 108 Except as otherwise provided in the Mortgagornext sentence, the Servicer shallwill, to the extent it has knowledge of such any conveyance or prospective conveyanceconveyance of any Mortgaged Property by any Mortgagor (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its right rights to accelerate the maturity of the related such Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in if any, applicable thereto. The Servicer may, with the reasonable belief prior written consent of the ServicerCertificate Insurer and in accordance with Accepted Servicing Procedures, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement from or with the person to whom such property has been conveyed or is about proposed to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited to the extent permitted by applicable state law, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loansprior written consent of the Certificate Insurer, is also authorized to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor the Mortgagor and becomes liable under the Mortgage Note. In connection with any assumption or substitution, the Servicer shall apply Accepted Servicing Procedures. Any fee collected by the Servicer in respect of an assumption or substitution of liability agreement will be retained by the Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including, but not limited to, the related Mortgage Loan Interest Rate and the amount of the Monthly Payment) may be amended or modified, except as otherwise required pursuant to the terms thereof. The Servicer shall promptly notify the Trustee and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee and the Certificate Insurer an Officer's Certificate certifying that such agreement is in compliance with this Section 8.1 together with the original copy of such substitution or assumption agreement agreement, which original copy shall be added by the Trustee to the related Trustee's Mortgage Loan File and shall, for all purposes, be considered a part of such Trustee's Mortgage Loan File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption such agreement, the then current Mortgage Interest Rate thereon shall not be increased or substitution decreased. Any fee collected by the Servicer for entering into any such agreement entered into pursuant to will be retained by the Servicer as additional servicing compensation. At its sole election, the Servicer may purchase from the Trust any Mortgage Loan that has been assumed in accordance with this Section 3.18within one month after the date of such assumption at a price equal to the greater of (i) the fair market value of such Mortgage Loan (as determined by the Servicer in its good faith judgment) and (ii) the Purchase Price. Such amount, if any shall be deposited in the related Collection Account in the Due Period in which such repurchase is made. Notwithstanding the foregoing, the Servicer shall not change the Loan Rate enter into an assumption, modification or the Monthly Paymentsubstitution of liability agreement unless it has received a Nondisqualification Opinion that such assumption, defer modification or forgive the payment substitution of principal liability will not constitute a Prohibited Transaction, with respect to REMIC I or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage LoanREMIC II. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or by the terms of the Mortgage Note or any assumption which the Servicer believes in good faith that it may be restricted by law from preventing, for any reason whatsoever.whatever. For purposes of this Section 8.1, the term "assumption" is deemed to also include a sale (of the Mortgaged Property) subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement. 109

Assumption Agreements. When a Mortgaged Property has been or is about to be conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or prospective conveyance, exercise its right rights to accelerate the maturity of the related Mortgage Loan under any "due-on-sale" clause contained in the related Mortgage or Mortgage Note; provided, however, that the Servicer shall not exercise any such right if the "due-on-sale" clause, in the reasonable belief of the Servicer, is not enforceable under applicable law. In such event, the Servicer shall enter into an assumption and modification agreement with the person to whom such property has been or is about to be conveyed, pursuant to which such person shall become becomes liable under the Mortgage Note and, unless prohibited by applicable lawlaw or the Mortgage Documents, the Mortgagor shall remain remains liable thereon. The Servicer, in accordance with accepted mortgage loan servicing standards for mortgage loans similar to the Mortgage Loans, Servicer is also authorized with the prior approval of the Certificate Insurer to enter into a substitution of liability whereby agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as mortgagor Mortgagor and becomes liable under the Mortgage Note; provided that if the Certificate Insurer does not respond within five Business Days after its approval has been requested in writing by the Servicer, then the Certificate Insurer shall be deemed to have approved the substitution of liability. The Servicer shall notify the Trustee Depositor, the Trustee, the NIMS Insurer and the Certificate Insurer that any such substitution or assumption agreement has been completed by forwarding to the Trustee (or to the Custodian on behalf of the Trustee) the original of such substitution or assumption agreement and a duplicate thereof to the Depositor, the NIMS Insurer and the Certificate Insurer, which original shall be added by the Trustee (or by the Custodian on behalf of the Trustee) to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. In connection with any assumption or substitution agreement entered into pursuant to this Section 3.187.01, the Servicer shall not change the Loan Mortgage Interest Rate or the Monthly Payment, defer or forgive the payment of principal or interest, reduce the outstanding principal amount or extend the final maturity date on such Mortgage Loan. Any fee collected by the Servicer for consenting to any such conveyance or entering into an assumption or substitution agreement shall be retained by or paid to the Servicer as additional Servicing Compensation. Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or any 117 assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever.