Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asst Back Pass THR Certs Ser 2003-W3), Pooling and Servicing Agreement (Asset-Backed Pass-Through Certificates Series 2003-W7), Pooling and Servicing Agreement (Argent Securities Inc Asset Back Pass THR Certs Ser 2004 W3)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................57 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ..........................................................................60 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller.....................................61 SECTION 2.04. [Reserved]............................................................................66 Intentionally Omitted..........................................................................64 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ......................................64 SECTION 2.06. Representations and Warranties of the Depositor................................................66 SECTION 2.07. Issuance of the REMIC I Regular Interests and the Class R-I InterestCertificates.......................................................................68 SECTION 2.08. [Reserved].....................................................................................68 SECTION 2.072.09. Acceptance of REMIC 1, REMIC 2, REMIC 3, REMIC 4, REMIC 5, REMIC 6 and REMIC 7 by the Trustee; Conveyance of the REMIC I 1 Regular Interests, REMIC 2 Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. Class M-3 Interest, Class M-4 Interest, Class M-5 Interest and Class C Interest; Issuance of Class R Certificates......................................................69 ARTICLE III................................................................................68
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Financial Asset Sec Corp Asset Backed Certs Ser 2003-1), Pooling and Servicing Agreement (Financial Asset Sec Corp Ast Back Certs Ser 2003-1), Pooling and Servicing Agreement (Financial Asset Securities Corp Finance Amer Mo Ln Tr 2003-1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................54 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ...........................................................56 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................................................................57 SECTION 2.04. [Reserved]............................................................................66 .....................................................................................61 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................61 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...........................64 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .....................................................................64 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................64 SECTION 2.09. Issuance of Class R Certificates......................................................69 ARTICLE III...............................................................65 SECTION 2.10. Conveyance of the Class M-4 Interest; Acceptance of REMIC IV by the Trustee...........................................................................65
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset BCKD Ps THR Cert Ser 2002-Ar1), Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset BCKD Ps THR Cert Ser 2002-Ar1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 58 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 60 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................62 SECTION 2.04. [Reserved]............................................................................66 65 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 65 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .....................................................................68 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee; Issuance of Class R Certificates......................................................69 ARTICLE III..................................68
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset/Pass Thru Cert 2003-Ia1), Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asst Back Pas THR Certs Ser 2003-9)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 ....................................................-53- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ....................................................-55- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller..........................................................................-57- SECTION 2.04. [Reserved]Reserved............................................................................66 -59- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ....................-59- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ............................................................................-62- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .............................................................-62- SECTION 2.08. Issuance of Class R Certificates......................................................69 ....................................................-62- ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Opt1), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2004-Opt1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 ....................................................... SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ....................................................... SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller an Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller............ SECTION 2.04. [Reserved]............................................................................66 Reserved............................................................................... SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ....................... SECTION 2.06. Issuance Conveyance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III and REMIC IV by the Trustee...............................................................69 ; Issuance of Certificates........................ SECTION 2.082.07. Issuance of Class R Certificates and Class R-X Certificates......................................................69 ARTICLE III............................
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2005-He1), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2005-He1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 Loans ......................................... 50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 Trustee ................................. 52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Charges in the event of breach ...................................................... 54 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Depositor ...................... 57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 Servicer ..... 59 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates ................................... 62 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 Trustee .................................................... 62 SECTION 2.08. Issuance of Class R Certificates......................................................69 R-II Certificates .................................. 63 SECTION 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee ............................................. 63 SECTION 2.10. Issuance of REMIC III Certificates ................................... 63 SECTION 2.11. Conveyance of the Subsequent Mortgage Loans .......................... 63 ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Boardwalk Mortgage Securities Inc.), Pooling and Servicing Agreement (Park Place Securities, Inc.)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .............................-46- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .............................-46- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans.................-47- SECTION 2.04. [Reserved]............................................................................66 ...................................................-51- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .....................................................-51- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates.................................................-53- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ......................................-53- SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III..........................-53- SECTION 2.09. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.....................................-53- SECTION 2.10. Issuance of Class R-III Certificates.........................-54- SECTION 2.11 Establishment of the Trust...................................-54-
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Ace Securities Corp), Pooling and Servicing Agreement (Ace Securities Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...........................54 SECTION 2.04. [Reserved]............................................................................66 57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 57 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 60 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 60 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................61 SECTION 2.09. Issuance of Class R Certificates......................................................69 61 SECTION 2.10. Conveyance of the Subsequent Mortgage Loans...........................................61 ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Pas THR Certs Ser 2003 5), Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Pas THR Certs Ser 2003 5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 64 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 66 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 68 SECTION 2.04. [Reserved]............................................................................66 71 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 71 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 74 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC I and REMIC II by the Trustee...............................................................69 .....................................................................74 SECTION 2.08. Issuance of Class R Certificates......................................................69 74 ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset-Backed Pass-Through Certificates, Series 2004-Pw1), Pooling and Servicing Agreement (Argent Securities Inc Asset-Backed Pass-Through Certificates Seires 2004-W8)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 ..............................54 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ..............................56 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment ......................58 SECTION 2.04 Representations and Warranties of Prepayment Charge Payment Amounts. .....................................................................................63 the Depositor...............62 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 Servicers....64 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates........................67 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .......................................67 SECTION 2.08. 2.08 Issuance of Class R R-II Certificates......................................................69 ...........................68 SECTION 2.09 Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee......................................68 SECTION 2.10 Issuance of REMIC III Certificates............................68 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Park Place Securities, Inc.), Pooling and Servicing Agreement (Boardwalk Mortgage Securities Inc.)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................53 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................55 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ........................................................................57 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................60 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers.....................................62 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................65 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................66 2.08. Issuance of Class R R-II Certificates......................................................69 ............................................................66 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................66 2.10. Issuance of REMIC III Certificates.............................................................67 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Salomon Bros MRT Sec Vii Inc MRT PSS THR Cert Ser 1998 Nc7), Pooling and Servicing Agreement (New Century Mortgage Securities Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 ......................................................54 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ......................................................56 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment ..............................................58 SECTION 2.04 Representations and Warranties of Prepayment Charge Payment Amounts. .....................................................................................63 the Depositor.......................................62 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 Servicers............................64 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates................................................67 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 67 SECTION 2.08. 2.08 Issuance of Class R R-II Certificates......................................................69 ...................................................68 SECTION 2.09 Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................68 SECTION 2.10 Issuance of REMIC III Certificates....................................................68 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Argent Securities Inc), Pooling and Servicing Agreement (New Century Mortgage Securities LLC)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 66 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 68 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................70 SECTION 2.04. [Reserved]............................................................................66 73 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .......................................................73 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .......................................................76 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III and REMIC IV by the Trustee by the Trustee...............................................................69 ..................................76 SECTION 2.08. Issuance of Class R Certificates and Class R-X Certificates......................................................69 ARTICLE III...........................77
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset Back Pass THR Certs Ser 2004-W5), Pooling and Servicing Agreement (Argent Securities Inc Asset Back Pass THR Certs Ser 2004-W5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...................................................................................46 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. ......................................................................................48 Section 2.03 Repurchase or Substitution of Mortgage Loans by the Seller.....................................................49 Section 2.04 Representations and Warranties of the Seller or with Respect to the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Mortgage Loans................................52 Section 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance ......................................................53 Section 2.06 Representations and Warranties of the REMIC I Regular Interests Depositor................................................................55 Section 2.07 Representations and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Warranties of the REMIC I Regular Interests; Acceptance Seller...................................................................57 Section 2.08 Covenants of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE IIISeller........................................................................................58
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (C-Bass MTG Ln as Bk Cert Ser 2004-Cb4), Pooling and Servicing Agreement (C-Bass MTG Ln as Bk Cert Ser 2004-Cb4)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .............................................................-47- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .............................................................-47- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans.................................................-48- SECTION 2.04. [Reserved]............................................................................66 ...................................................................................-54- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .............................-54- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates.................................................................................-55- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ..................................................................................-56- SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III..........................................................-56- SECTION 2.09. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee...............................................................................-56-
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Inc), Pooling and Servicing Agreement (Deutsche Mortgage Securities Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...............................................................60 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. Repurchase Trustee or Substitution Custodian of the Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Loans...............................64 Section 2.03 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance ...........................69 Section 2.04 Representations and Warranties of the Depositor as to the Mortgage Loans...................70 Section 2.05 Designation of Interests in the REMICs.....................................................71 Section 2.06 Designation of Start-up Day................................................................71 Section 2.07 REMIC I Regular Interests Certificate Maturity Date............................................................71 Section 2.08 Execution and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Delivery of Certificates.....................................................72 Section 2.09 Establishment of the REMIC I Regular Interests; Acceptance Trust.................................................................72 Section 2.10 Purpose and Powers of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance Trust............................................................73 Section 2.11 Rights of Class R Certificates......................................................69 the NIMS Insurer.................................................................73 ARTICLE III
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust), Pooling and Servicing Agreement (Banc of America Funding 2006-7 Trust)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................40 SECTION 2.02. Acceptance of REMIC I 1 by the Trustee..................................................61 ...........................................................42 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the DepositorSeller; Payment of Master Servicer Prepayment Charge Payment Amounts. .....................................................................................63 ..............................................................43 SECTION 2.04. [Reserved]............................................................................66 Representations, Warranties and Covenants of the Seller........................................46 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................47 SECTION 2.06. Issuance Representations and Warranties of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Depositor................................................50 SECTION 2.07. Conveyance of the Uncertificated REMIC I Regular Interests; Interests and Acceptance of REMIC II 1, REMIC 2, REMIC 3 and REMIC 4 by the Trustee...............................................................69 ; Issuance of Certificates...................................51 SECTION 2.08. Issuance Conveyance of Class R Certificates......................................................69 ARTICLE IIISubsequent Mortgage Loans........................................................52
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asst Back Ps THR Cert Ser 2002 D)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION Section 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ......................................................49 Section 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ......................................................51 Section 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Depositor ..........................................................53 Section 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor.......................................56 Section 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers............................58 Section 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates................................................61 Section 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....61 Section 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...................................................62 Section 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee......62 Section 2.10. Issuance of REMIC III Certificates....................................................62
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ..................................47 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ..........................49 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 .......................................................50 SECTION 2.04. [Reserved]............................................................................66 ....................................................54 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ......................................54 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...................................57 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .......................................57 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III..............................57
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Back Cert Ser 2003 Ar1)
Conveyance of Mortgage Loans Original Issuance of Certificates. 52 SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 ......................................................52 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ......................................................55 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or Responsible Party and the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller........................................................................56 SECTION 2.04. 2.04 [Reserved]............................................................................66 59 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .............................59 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ..................61 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ........................................................................61 SECTION 2.08. 2.08 Issuance of Class R Certificates......................................................69 ARTICLE III62
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Fre2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................67 SECTION 2.02. Acceptance of REMIC I 1 by the Trustee..................................................61 ...............................................................70 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Originator.................................72 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Originator with Respect to the Mortgage Loans.................................................................................75 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................76 SECTION 2.06. Issuance Representations and Warranties of the REMIC I Regular Interests Depositor................................................79 SECTION 2.07. Representations and Warranties of the Originator...............................................80 SECTION 2.08. Covenants of the Originator....................................................................83 SECTION 2.09. Negative Covenants of the Trustee and the Class R-I Interest. .....................................................................................68 Master Servicer......................................83 SECTION 2.072.10. Conveyance of the Subsequent Mortgage Loans....................................................83 SECTION 2.11. Conveyance of REMIC I Regular Interests; Interests and Acceptance of REMIC II 2 and REMIC 3 by the Trustee...............................................................69 ; Issuance of Certificates...............................................88 SECTION 2.082.12. Issuance of Class R Certificates......................................................69 ARTICLE III.......................................................................90
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Tr Asset Backed Cert Ser 2002-5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION .....................................49 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .....................................51 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ........................................................52 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor......................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION .....57 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION RI Certificates................................60 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ..............................................60 2.08. Issuance of Class R RII Certificates......................................................69 ...................................60 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.............................................60 2.10. Issuance of REMIC III Certificates...................................61 2.11. Conveyance of the Subsequent Mortgage Loans..........................61 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Asset Backed Floating Rate Cert Ser 1998-Nc1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .................................................... SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .................................................... SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans........................................ SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Master Servicer............................... SECTION 2.05. Representations, Warranties and Covenants of the Master each Servicer. .....................................................................................66 .......................... SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ................ SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II and REMIC III by the Trustee...............................................................69 .................................................................. SECTION 2.08. Issuance of Class R Residual Certificates......................................................69 ARTICLE III................................................... SECTION 2.09. Establishment of the Trust..........................................................
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2005-He7)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 63 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 66 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................67 SECTION 2.04. [Reserved]............................................................................66 70 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .....................................................................70 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .....................................................................73 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III, REMIC IV and REMIC V by the Trustee by the Trustee...............................................................69 ......................................................................73 SECTION 2.08. Issuance of Class R Certificates and Class R-X Certificates......................................................69 ARTICLE III...........................74 SECTION 2.09. Conveyance of the Subsequent Mortgage Loans...........................................75
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset Backed Pass Thru Cer Ser 2003-W9)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance 38 2.01.Conveyance of Mortgage Loans..........................................................59 SECTION .......................................................................38 2.02. Acceptance of REMIC I the Trust Fund by the Trustee..................................................61 SECTION ....................................................41 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Representations, Warranties and Covenants of the Master ServicerServicer and the Depositor......................................................................................42 2.04. .....................................................................................66 SECTION Representations and Warranties of the Seller...................................................44 2.05. Issuance of Certificates Evidencing Interests in the Trust Fund................................46 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.............................................................46 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ........................................................................................46 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III............................................................47 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee........................................................................................47 2.10. Issuance of REMIC III Certificates.............................................................47
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION .......................................... 47 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...................................... 49 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ............................................... 50 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor....................... 54 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers..... 56 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.................................... 58 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ........................................................... 58 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III................................... 58 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee........................................................ 59 2.10. Issuance of REMIC III Certificates.................................... 59
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Brothers MRT Sec Vii Inc Ast Bk Fl Rt CRT Sr 1997lb3)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .............................................................-55- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .............................................................-55- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans.................................................-56- SECTION 2.04. [Reserved]............................................................................66 ...................................................................................-58- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .............................-58- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Interest ............................................................................................-60- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ............................................................................-60- SECTION 2.08...................................................................................................-61- Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee .....................................................................................................-61- SECTION 2.10. Issuance of Class R Certificates......................................................69 ARTICLE III.............................................................-61- SECTION 2.11 Establishment of the Trust...................................................................-61-
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ace Securities Corp Home Equity Loan Trust Series 2002-He2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................53 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ...........................55 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ........................................................56 SECTION 2.04. [Reserved]............................................................................66 .....................................................60 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .......................................................60 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...................................................62 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ARTICLE III......63
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc as Bk Pas THR Cers Ser 2004 Fr1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................45 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................47 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................48 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................51 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ......................................53 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................55 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................55 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III............................................................56 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee........................................................................................56 SECTION PAGE ------- ----
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 1999-NCC)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans.............................................................................................59 SECTION 2.02. Acceptance of REMIC I by the Trustee.............................................................................61 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................................................................63 SECTION 2.04. [Reserved].................................................................................................................................66 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. ............................................................................................................................................66 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. ............................................................................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee.......................................................................................................69 SECTION 2.08. Issuance of Class R Certificates.....................................................................................69 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Argent Securities Inc Assset Back Pass THR Certs Ser 2003-W5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...............................................................86 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. Repurchase Trustee or Substitution Custodian of the Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Loans...............................91 Section 2.03 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance ...........................96 Section 2.04 Representations and Warranties of the Depositor as to the Mortgage Loans......................................................................................97 Section 2.05 Designation of Interests in the REMICs.....................................................98 Section 2.06 Designation of Start-up Day................................................................99 Section 2.07 REMIC I Regular Interests Certificate Maturity Date............................................................99 Section 2.08 Execution and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Delivery of Certificates.....................................................99 Section 2.09 Establishment of the REMIC I Regular Interests; Acceptance Trust................................................................100 Section 2.10 Purpose and Powers of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance Trust...........................................................100 Section 2.11 Rights of Class R Certificates......................................................69 the NIMS Insurer................................................................100 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding 2007-1 Trust)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ........................................................68 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ................................................71 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 .............................72 SECTION 2.04. [Reserved]............................................................................66 ..........................................................................75 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ....................75 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ................78 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III, REMIC IV and REMIC V by the Trustee by the Trustee...............................................................69 ..................................78 SECTION 2.08. Issuance of Class R Certificates and Class R-X Certificates......................................................69 .........................80 SECTION 2.09. Conveyance of the Subsequent Mortgage Loans.........................................80 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 .........................................................48 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 .........................................................51 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or Originators and the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller......................................................52 SECTION 2.04. [Reserved]............................................................................66 2.04 Reserved.................................................................................54 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ................................54 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .....................56 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .................................................57 SECTION 2.08. 2.08 Issuance of Class R Certificates......................................................69 .........................................................57 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Nc1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .................................................46 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .................................................49 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller....................................................................50 SECTION 2.04. [Reserved]............................................................................66 Reserved.........................................................................53 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ........................53 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .............55 SECTION 2.07. [Reserved].......................................................................55 SECTION 2.08. Conveyance of the REMIC I Regular Interests; Interests and Acceptance of REMIC II I, REMIC II, REMIC III and REMIC IV by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ..............55 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Samples: Custodial Agreement (Citigroup Mortgage Loan Trust Inc Series 2005-Opt1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Charges in the event of breach.......................54 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Depositor.......................................57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ......................59 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates....................................................62 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ........62 SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ...................................................63 SECTION 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee......63 SECTION 2.10. Issuance of REMIC III Certificates....................................................63 SECTION 2.11. Conveyance of the Subsequent Mortgage Loans...........................................63 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Argent Securities Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ..................................50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ..........................52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Charges in the event of breach.....................54 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Depositor...............57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................................59 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates............................62 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .......................................62 SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ...........................63 SECTION 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee......................................63 SECTION 2.10. Issuance of REMIC III Certificates............................63 SECTION 2.11. Conveyance of the Subsequent Mortgage Loans...................63 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Mortgage Securities LLC)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 62 Section 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION 62 Section 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................63 Section 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................Loans..............................................63 SECTION Section 2.04. [Reserved]............................................................................Representations and Warranties of the Master Servicer.....................................66 SECTION Section 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION .................................67 Section 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION ......................70 Section 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I by the Trustee...............................................................69 SECTION .........70 Section 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III..........................................................70 Section 2.09. Establishment of the Trust................................................................70
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp Series 2004-Rm1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION .............................................................-47- 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .............................................................-49- 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ................................................................................-50- 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor..............................................-53- 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION .............................-55- 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.......................................................-57- 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ......................................................................-57- 2.08. Issuance of Class R R-II Certificates......................................................69 ..........................................................-58- 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee...........................................................................-58- 2.10. Issuance of REMIC III Certificates...........................................................-58- ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Asset Backed Fl Rt Cert Sers 1997-Nc5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 Loans ........................ -56- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 Trustee ........................ -57- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ............ -57- SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Master Servicer ... -59- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 Servicer ............................................ -61- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Interest ...................................... -63- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I by the Trustee...............................................................69 Trustee .................... -63- SECTION 2.08. Issuance of Class R Certificates......................................................69 Certificates ........................ -63- SECTION 2.09. Establishment of the Trust .............................. -64- ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS; ACCOUNTS
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ace Sec Corp Hom Eq Ln Tr Ser 2003-Op1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................54 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ...........................................................56 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...........................57 SECTION 2.04. [Reserved]............................................................................66 .....................................................................................61 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................61 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...........................64 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ........................................................................64 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III...............................................................64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Ps THR Certs Ser 2003-Ar2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 60 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 63 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................64 SECTION 2.04. [Reserved]............................................................................66 68 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ..............................................................................68 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ..............................................................................70 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III, REMIC IV and REMIC V by the Trustee by the Trustee...............................................................69 ...............................................................................70 SECTION 2.08. Issuance of Class R Certificates and Class R-X Certificates......................................................69 ARTICLE III...........................72 SECTION 2.09. Conveyance of the Subsequent Mortgage Loans...........................................72
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset Backed Pass THR Cert Ser 2003-W8)
Conveyance of Mortgage Loans Original Issuance of Certificates. 49 SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 ...............................................................49 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ...............................................................52 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or Responsible Party and the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller...........54 SECTION 2.04. 2.04 [Reserved]............................................................................66 .....................................................................................56 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ......................................56 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...........................58 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .............59 SECTION 2.08. 2.08 Issuance of Class R Certificates...............................................................59 ARTICLE III ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS......................................................69 ARTICLE III59 SECTION 3.01 Servicer to Act as Servicer....................................................................59 SECTION 3.02 Sub-Servicing Agreements Between Servicer and Sub-Servicers....................................61 SECTION 3.03 Successor Sub-Servicers........................................................................62 SECTION 3.04
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Nc4)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...................................................................60 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. ......................................................................62 Section 2.03 Repurchase or Substitution of Mortgage Loans by the Seller.....................................63 Section 2.04 Representations and Warranties of the Seller or with Respect to the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................Mortgage Loans................66 SECTION 2.05. Section 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance ......................................67 Section 2.06 Representations and Warranties of the REMIC I Regular Interests Depositor................................................69 Section 2.07 Representations and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Warranties of the REMIC I Regular Interests; Acceptance Seller...................................................70 Section 2.08 Covenants of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE IIISeller........................................................................72
Appears in 1 contract
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans.........................................................................................................................59 SECTION 2.02. Acceptance of REMIC I by the Trustee.........................................................................................................61 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. ...............................................................................................................................................63 SECTION 2.04. [Reserved]............................................................................66 .................................................................................67 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...........................67 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .......................69 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ...........................................................70 ARTICLE III
Appears in 1 contract
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 ................................................... SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ................................................... SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans....................................... SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Master Servicer.............................. SECTION 2.05. Representations, Warranties and Covenants of the Master each Servicer. .....................................................................................66 ......................... SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ............... SECTION 2.07. Conveyance of the REMIC I Regular Interests and REMIC II Regular Interests; Acceptance of REMIC I and REMIC II by the Trustee...............................................................69 .................................. SECTION 2.08. Issuance of Class R Residual Certificates......................................................69 ARTICLE III.................................................. SECTION 2.09. Conveyance of Subsequent Mortgage Loans............................................ SECTION 2.10. Establishment of the Trust.........................................................
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Loan Trust 2005-He4)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................46 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..............................................................48 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 49 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor...............................................52 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ..............................55 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates............................................................57 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION .......................................................................................57 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...........................................................57 SECTION PAGE ------- ---- 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.......................................................................................57 2.10. Issuance of REMIC III Certificates............................................................58
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Viiinc Ast Bk Fl Rte Cer Se 1997-Lb5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .............................-46- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .............................-46- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Loans.................-47- SECTION 2.04. [Reserved]............................................................................66 ...................................................-53- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .....................................................-53- SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates.................................................-55- SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ......................................-55- SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III..........................-55-
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Nomura Asset Acceptance Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................45 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................47 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Charges in the event of breach...........................48 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor...............................................53 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ..............................54 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates............................................................57 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION .......................................................................57 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...........................................................57 SECTION PAGE ------- ----
Appears in 1 contract
Samples: Custodial Agreement (Salomon Brothers Mor Sec Vii Fl Rt MR Pa Th Cer Ser 2000 Lb1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ..................................26 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. Repurchase or Substitution Trustee of the Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Loans...............30 Section 2.03 Representations, Warranties and Covenants of the Master NMC Servicer. .....................................................................................66 SECTION 2.06. Issuance .....................................................31 Section 2.04 Representations, Warranties and Covenants of the REMIC I Regular Interests BAFSB Servicer.....................................................33 Section 2.05 Representations, Warranties and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Covenants of the BANA Servicer.....................................................34 Section 2.06 Representations and Warranties of the Depositor as to the Mortgage Loans...............................................35 Section 2.07 Designation of Interests in the REMIC.........................42 Section 2.08 Designation of Start-up Day...................................43 Section 2.09 REMIC I Regular Interests; Acceptance Certificate Maturity Date...............................43 Section 2.10 Execution and Delivery of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III........................43
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bank of America Mort Sec Inc Mort Pass THR Cert Ser 1999-9)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................46 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................48 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................49 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................52 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................54 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................57 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III....................................................................................58 Section Page ------- ----
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Fl Rte Pas THR Ce Se 1999 Nc3)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 55 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 57 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................59 SECTION 2.04. [Reserved]............................................................................66 62 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 62 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 65 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 65 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III65
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Backed Ser 2003-10)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 42 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ......................................................45 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Mortgage Loan Seller...........................................................................46 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Depositor.......................................49 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ..............................................................................49 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates....................................................51 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 51 SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...................................................51 SECTION 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................52 SECTION 2.10. Issuance of REMIC III Certificates....................................................52 SECTION 2.11. Conveyance of the Subsequent Mortgage Loans...........................................52
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................49 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................51 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................52 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................57 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................60 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................60 2.08. Issuance of Class R R-II Certificates......................................................69 ............................................................61 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................61 2.10. Issuance of REMIC III Certificates.............................................................61 2.11. Conveyance of the Subsequent Mortgage Loans....................................................61 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Floating Rate Certificates Series 1998-Nc2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................................................42 SECTION 2.02. Acceptance of REMIC I 1 by the Trustee..................................................61 ...........................................................44 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the DepositorSeller; Payment of Master Servicer Prepayment Charge Payment Amounts. .....................................................................................63 ..............................................................45 SECTION 2.04. [Reserved]............................................................................66 Representations, Warranties and Covenants of the Seller........................................48 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ...............................49 SECTION 2.06. Issuance Representations and Warranties of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Depositor................................................52 SECTION 2.07. Conveyance of the Uncertificated REMIC I Regular Interests; Interests and Acceptance of REMIC II 1, REMIC 2, REMIC 3 and REMIC 4 by the Trustee...............................................................69 ; Issuance of Certificates...................................53 SECTION 2.08. Issuance Conveyance of Class R Certificates......................................................69 ARTICLE IIISubsequent Mortgage Loans........................................................54
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Bk Pass THR Cert Ser 2002-C)
Conveyance of Mortgage Loans Original Issuance of Certificates. 50 SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 ...........................................................50 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ...........................................................52 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or Responsible Party and the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller.......54 SECTION 2.04. 2.04 [Reserved]............................................................................66 .................................................................................56 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ..................................56 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .......................59 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .........59 SECTION 2.08. 2.08 Issuance of Class R Certificates......................................................69 ARTICLE III...........................................................59
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Fre1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ................................50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ........................52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Amounts ...........................................................53 SECTION 2.04. [Reserved]............................................................................66 ..................................................57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ....................................................57 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ....................................................59 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .....................................60 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III............................60
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Ast Back Ps THR Cert Ser 2003-1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................45 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................47 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Charges in the event of breach...............................................................................48 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor...............................................52 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ..............................54 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates............................................................56 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ................................................................................56 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...........................................................57 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.......................................................................................57 2.10. Issuance of REMIC III Certificates............................................................57 SECTION PAGE ------- ----
Appears in 1 contract
Samples: Custodial Agreement (Salomon Brothers Mort Sec Vii Fl Rte Pa THR Cer Ser 1999-Lbi)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................44 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................46 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ......................................................................................47 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................50 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................52 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................55 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................55 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III............................................................55 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................55 2.10. Issuance of REMIC III Certificates.............................................................56
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1998-Nc6)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans............................................................................................59 SECTION 2.02. Acceptance of REMIC I by the Trustee............................................................................61 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .............................................................................................................................63 SECTION 2.04. [Reserved]................................................................................................................................66 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. ...........................................................................................................................................66 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .......................................................................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...................................................................................................69 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee; Issuance of Class R Certificates........................................................................................................69 SECTION 2.09. [Reserved]....................................................69 SECTION 2.10. [Reserved]....................................................69 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Argent Securities Inc Asset-Bk Pas Thru Cert Ser 2003-W2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 74 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 76 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 77 SECTION 2.04. [Reserved]............................................................................66 81 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 81 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 84 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 84 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................84 SECTION 2.09. Conveyance of the REMIC III Regular Interests; Acceptance of REMIC IV by the Trustee; Issuance of Class R Certificates......................................................69 ARTICLE III.............................85 SECTION 2.10. Conveyance of the Subsequent Mortgage Loans...........................................85
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc Series 2003-6)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 69 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 72 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 73 SECTION 2.04. [Reserved]............................................................................66 77 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 77 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 80 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 80 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................80 SECTION 2.09. Conveyance of the REMIC III Regular Interests; Acceptance of REMIC IV by the Trustee; Issuance of Class R Certificates......................................................69 ARTICLE III.............................81 SECTION 2.10. Conveyance of the Subsequent Mortgage Loans...........................................81
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Asset Back Pas THR Certs Ser 03 8)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................53 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................55 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................57 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................60 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers.....................................62 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................65 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................66 2.08. Issuance of Class R R-II Certificates......................................................69 ............................................................66 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee........................................................................................66 2.10. Issuance of REMIC III Certificates.............................................................67 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 69 Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ................................................................69 Section 2.02 Acceptance of REMIC I 1 by the Trustee..................................................61 SECTION 2.03. ........................................................72 Section 2.03 Cure, Repurchase or Substitution of Mortgage Loans by the Seller Seller; Remedies for Breaches by Depositor or the DepositorMaster Servicer; Payment of Remedies for Breaches Relating to Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Charges..........73 Section 2.04 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. ............................76 Section 2.05 Representations and Warranties of the Depositor.............................................78 Section 2.06 Issuance of the Certificates....................................................................80 Section 2.07 Reserved....................................................................................80 Section 2.08 Conveyance of REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II 1 by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ARTICLE III................................................................................80
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp Asset Backed Cert Series 2003-1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 61 Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...................................................................61 Section 2.02 Acceptance of REMIC I 1 by the Trustee..................................................61 SECTION 2.03. ...........................................................63 Section 2.03 Cure, Repurchase or Substitution of Mortgage Loans by the Seller Seller; Remedies for Breaches by Depositor or the DepositorMaster Servicer; Payment of Remedies for Breaches Relating to Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Charges..........................................................................64 Section 2.04 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. ...............................67 Section 2.05 Representations and Warranties of the Depositor................................................70 Section 2.06 Issuance of the Certificates.......................................................................72 Section 2.07 Conveyance of REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II 1 by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ARTICLE III....................................................................72
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Securities Corp Asset Back Cert Ser 2001-2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................47 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................49 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ..................................................51 2.04. [Reserved]............................................................................66 SECTION ....................................................................................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ..............................55 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION ..........................57 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION .......................................................................................57 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.......................................................................................58 2.09. Issuance of Class R Certificates......................................................69 ARTICLE III..............................................................58 2.10. Conveyance of the Subsequent Mortgage Loans...................................................58
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Flo Rate Mort Pas THR Cert Ser 01 3)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION .............................................................-46- 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .............................................................-48- 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION NC Capital...................................-49- 2.04. [Reserved]............................................................................66 SECTION ...................................................................................-52- 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ....................................-52- 2.06. Issuance Conveyance of the Uncertificated REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II and REMIC III by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ..............................-54- 2.07. Establishment of the Trust...................................................................-55- ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE TRUST FUND SECTION PAGE ------- ----
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ace Securities Corp Ho Eq Lo Tr Se 2001-Nc1 as Ba Pa Th Ce)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................45 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................47 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................48 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................51 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................53 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................56 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................57 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III............................................................57 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee........................................................................................57 2.10. Issuance of REMIC III Certificates.............................................................57 -vi- SECTION PAGE ------- ----
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Brothers Mort Sec Vii Inc Fl Rt Cer Se 1999-Nc5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 53 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 55 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ...............................56 SECTION 2.04. [Reserved]............................................................................66 60 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 60 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 62 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 .............................63 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset-Backed Pass-Through Certificates Series 2004-R2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION Section 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION .......................................................................33 Section 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..............................................................................37 Section 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Seller.........................................38 Section 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Seller with Respect to the Mortgage Loans....................40 Section 2.05. Representations, Warranties and Covenants of the Master Servicer..........................................41 Section 2.06. .....................................................................................66 SECTION 2.06Representations and Warranties of the Depositor....................................................43 Section 2.07. Issuance of the REMIC I Regular Interests Certificates...........................................................................45 Section 2.08. Representations and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Warranties of the REMIC I Regular Interests; Acceptance Seller.......................................................45 Section 2.09. Covenants of REMIC II by the Trustee...............................................................69 SECTION 2.08Seller. Issuance of Class R Certificates......................................................69 ARTICLE III..........................................................................47
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc MRT Ln Ps Th CRT Sr 01 Frb1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................49 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................51 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ......................................................................................52 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................57 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................60 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................60 2.08. Issuance of Class R R-II Certificates......................................................69 ............................................................61 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................61 2.10. Issuance of REMIC III Certificates.............................................................61 2.11. Conveyance of the Subsequent Mortgage Loans....................................................61 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1998 -Nc4)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 52 Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ................................................................52 Section 2.02 Acceptance of REMIC I 1 by the Trustee..................................................61 SECTION 2.03. ........................................................55 Section 2.03 Cure, Repurchase or Substitution of Mortgage Loans by the Seller Seller; Remedies for Breaches by Depositor or the DepositorMaster Servicer; Payment of Remedies for Breaches Relating to Prepayment Charge Payment Amounts. .....................................................................................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Charges..............................................................56 Section 2.04 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. ............................59 Section 2.05 Representations and Warranties of the Depositor.............................................62 Section 2.06 Issuance of the Certificates....................................................................64 Section 2.07 Reserved....................................................................................64 Section 2.08 Conveyance of REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II 1 by the Trustee...............................................................69 SECTION 2.08. ; Issuance of Class R Certificates......................................................69 ARTICLE III...........................................................64
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset-Backed Certs Series 2004-A)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................46 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................48 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Charges in the event of breach...............................49 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor...............................................54 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers.............................56 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates............................................................58 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ................58 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...........................................................58 SECTION PAGE ------- ----
Appears in 1 contract
Samples: Custodial Agreement (Solomon Bros Mort Sec Vii Inc Fl Rt MRT Ps THR Cert 1999 3)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 2.01 Conveyance of Mortgage Loans..........................................................59 ........................................................66 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 ................................................68 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 .............................70 SECTION 2.04. 2.04 [Reserved]............................................................................66 ..........................................................................74 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ....................74 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ................77 SECTION 2.07 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III, REMIC IV and REMIC V by the Trustee...............................................................69 ................77 SECTION 2.08. 2.08 Issuance of Class R Certificates and Class R-X Certificates......................................................69 .........................78 SECTION 2.09 Conveyance of the Subsequent Mortgage Loans.........................................79 ARTICLE III
Appears in 1 contract
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Section 2.01 Conveyance of Mortgage Loans..........................................................59 SECTION 2.02. ...............................................................58 Section 2.02 Acceptance of REMIC I by the Trustee..................................................61 SECTION 2.03. Repurchase Trustee or Substitution Custodian of the Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................Loans...............................63 SECTION 2.04. [Reserved]............................................................................66 SECTION 2.05. Section 2.03 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION 2.06. Issuance ...........................67 Section 2.04 Representations and Warranties of the Depositor as to the Mortgage Loans...................68 Section 2.05 Designation of Interests in the REMICs.....................................................69 Section 2.06 Designation of Start-up Day................................................................70 Section 2.07 REMIC I Regular Interests Certificate Maturity Date............................................................70 Section 2.08 Execution and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance Delivery of Certificates.....................................................70 Section 2.09 Establishment of the REMIC I Regular Interests; Acceptance Trust.................................................................71 Section 2.10 Purpose and Powers of REMIC II by the Trustee...............................................................69 SECTION 2.08. Issuance Trust............................................................71 Section 2.11 Rights of Class R Certificates......................................................69 ARTICLE IIIthe NIMS Insurer.................................................................72
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Banc of America Funding Corp)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................47 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................49 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................50 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................54 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................56 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................59 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ....................................................................................59 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III............................................................59 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................60 2.10. Issuance of REMIC III Certificates.............................................................60
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salom BRS MRT Sec Vii Call FLT Rt Mt Ps Th Cer Ser 1998 Nc5)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 .............................-56- SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 .............................-58- SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller.....................................-59- SECTION 2.04. [Reserved]............................................................................66 Reserved.....................................................-62- SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .....................................................-62- SECTION 2.06. Issuance Conveyance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I, REMIC II, REMIC III and REMIC IV by the Trustee...............................................................69 ; Issuance of Certificates.....................................-63- SECTION 2.082.07. Issuance of Class R Certificates and Class R-X Certificates......................................................69 ARTICLE III..-64-
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mastr as Bk Sec Tr 2004 Wmc1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. 2.01 Conveyance of the Mortgage Loans..........................................................59 .........................................................46 SECTION 2.02. 2.02 Acceptance of REMIC I by the Trustee..................................................61 .........................................................48 SECTION 2.03. 2.03 Repurchase or Substitution of Mortgage Loans by the Seller or Originators and the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller...........50 SECTION 2.04. [Reserved]............................................................................66 2.04 Reserved.................................................................................52 SECTION 2.05. 2.05 Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ................................52 SECTION 2.06. 2.06 Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 .....................54 SECTION 2.07. 2.07 Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ..................................................................................55 SECTION 2.08. 2.08 Issuance of Class R Certificates......................................................69 .........................................................55 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................49 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................51 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ......................................................................................52 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................57 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................60 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION .................................................................................60 2.08. Issuance of Class R R-II Certificates......................................................69 ............................................................61 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee....................................................................................61 2.10. Issuance of REMIC III Certificates.............................................................61 2.11. Conveyance of the Subsequent Mortgage Loans....................................................61 ARTICLE III
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Mortgage Securities Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION ..................................................................48 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ..........................................................50 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Charges in the event of breach........................51 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor...............................................55 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ..............................57 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates............................................................59 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ...................................................................................60 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...........................................................60 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee................................................................................60 2.10. Issuance of REMIC III Certificates............................................................60 2.11. Conveyance of the Subsequent Mortgage Loans...................................................60
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Brothers Mort Sec Vii Inc Fl Rte Cert Se 1999-Aq2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION .......................................53 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .......................................55 2.03. Repurchase or Substitution of Mortgage Loans by the Originators, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ................................................57 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor........................60 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Servicers.............62 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.................................65 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ............................................................66 2.08. Issuance of Class R R-II Certificates......................................................69 ....................................66 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee............................................................66 2.10. Issuance of REMIC III Certificates.....................................67 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Securities Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION ...............................................................46 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION ...............................................................48 2.03. Repurchase or Substitution of Mortgage Loans by the Originator, the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION ...............................................................................49 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Depositor................................................52 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION ...............................54 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Certificates.........................................................58 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ....................................................................................58 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE IIIPAGE ------- ----
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Broth Mo Se Vii Inc Fl Rt Mor Pa Th Cer Ser 1999 Nc2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 SECTION .........................................56 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .................................58 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION .......60 2.04. [Reserved]............................................................................66 SECTION ...........................................................63 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION .....63 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION Interest.66 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 SECTION ..............................................66 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.............................................66 2.09. Issuance of Class R Certificates......................................................69 ARTICLE III.....................................67 2.10. Conveyance of the Subsequent Mortgage Loans..........................67
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mort Sec Inc Ass Bk Pas THR Certs Ser 2002 2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 41 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ......................................................44 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Mortgage Loan Seller...........................................................................45 SECTION 2.04. [Reserved]............................................................................66 Representations and Warranties of the Depositor.......................................48 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 ..............................................................................48 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 Certificates....................................................50 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 50 SECTION 2.08. Issuance of Class R R-II Certificates......................................................69 ARTICLE III...................................................50 SECTION 2.09. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee..............................................................50 SECTION 2.10. Issuance of REMIC III Certificates....................................................51
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of the Mortgage Loans..........................................................59 ......................................................47 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ......................................................50 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Responsible Party or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 Seller................................................................................51 SECTION 2.04. [Reserved]............................................................................66 Reserved..............................................................................54 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .............................54 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ..................56 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ...............................................................................56 SECTION 2.08. Issuance of Class R Certificates......................................................69 57 ARTICLE IIIIII ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
Appears in 1 contract
Samples: Custodial Agreement (Carrington Mortgage Loan Trust Inc Series 2005-Opt2)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 51 Section 2.01. Conveyance of the Mortgage Loans..........................................................59 SECTION .............................................................................51 Section 2.02. Acceptance of REMIC I by the Trustee..................................................61 SECTION .............................................................................52 Section 2.03. Repurchase or Substitution of Mortgage Loans by the Seller or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 SECTION Loans.................................................................52 Section 2.04. [Reserved]............................................................................66 SECTION Representations and Warranties of the Master Servicer........................................................55 Section 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 SECTION Ocwen...........................................................56 Section 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 SECTION .........................................58 Section 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II I by the Trustee...............................................................69 SECTION ............................59 Section 2.08. Issuance of Class R Residual Certificates......................................................69 ARTICLE III............................................................................59 Section 2.09. Establishment of the Trust...................................................................................59
Appears in 1 contract
Samples: Pooling and Servicing Agreement (ACE Securities Corp Home Equity Loan Trust, Series 2005-Sn1)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 ...................................69 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 ...........................72 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 ........................................................73 SECTION 2.04. [Reserved]............................................................................66 .....................................................77 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 .......................................................77 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 ...................................................80 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 ........................................80 SECTION 2.08. Conveyance of the REMIC II Regular Interests; Acceptance of REMIC III by the Trustee.......................................80 SECTION 2.09. Conveyance of the REMIC III Regular Interests; Acceptance of REMIC IV by the Trustee; Issuance of Class R Certificates......................................................69 ARTICLE III......81 SECTION 2.10. Conveyance of the Subsequent Mortgage Loans....................81
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asset Back Pass THR Cer Se 03 12)
Conveyance of Mortgage Loans Original Issuance of Certificates. SECTION 2.01. Conveyance of Mortgage Loans..........................................................59 50 SECTION 2.02. Acceptance of REMIC I by the Trustee..................................................61 52 SECTION 2.03. Repurchase or Substitution of Mortgage Loans by the Seller Originator or the Depositor; Payment of Prepayment Charge Payment Amounts. .....................................................................................63 53 SECTION 2.04. [Reserved]............................................................................66 57 SECTION 2.05. Representations, Warranties and Covenants of the Master Servicer. .....................................................................................66 57 SECTION 2.06. Issuance of the REMIC I Regular Interests and the Class R-I Interest. .....................................................................................68 59 SECTION 2.07. Conveyance of the REMIC I Regular Interests; Acceptance of REMIC II by the Trustee...............................................................69 .....................................................................60 SECTION 2.08. Issuance of Class R Certificates......................................................69 ARTICLE III60
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ameriquest Mortgage Sec Inc Asst Back Ps THR Cert Ser 2003-2)
