Common use of CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES Clause in Contracts

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................................II-1 Section 2.02 Acceptance by Custodian.....................................................II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller........II-6 Section 2.04 Execution and Delivery of Certificates.....................................II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account........................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account.........................III-2 Section 3.03 Advances by Master Servicer and Trustee....................................III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files...............III-5 Section 3.05 Reports to the Trustee; Annual Compliance Statements.......................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions.....................................................III-7 Section 3.08 Oversight of Servicing.....................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements......................III-11 Section 3.10 Application of Net Liquidation Proceeds...................................III-12 Section 3.11 Act Reports...............................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................................................................ II-1 Section 2.02 Acceptance by Custodian...................................................................................................................... II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller............................ II-6 Section 2.04 Execution and Delivery of Certificates....................................................................................... II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................................................................... II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 ................................................. II-12 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account............................................................................................................................. III-1 Section 3.02 Permitted Withdrawals from the Certificate Account............................................................... III-2 Section 3.03 Advances by Master Servicer and Trustee..................................................................................... III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files.......................................................................... III-5 Section 3.05 Reports to the Trustee; Annual Compliance Statements........................................................... III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan............................................... III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions...................................................................... III-7 Section 3.08 Oversight of Servicing....................................................................................................................... III-8 Section 3.09 Termination and Substitution of Servicing Agreements.......................................................... III-11 Section 3.10 Application of Net Liquidation Proceeds.................................................................................... III-12 Section 3.11 Act Reports............................................................................................................................................ III-12

Appears in 1 contract

Samples: Custodial Agreement (Wells Fargo Asset Securities Corp)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................................................................II-1 Section 2.02 Acceptance by Custodian.....................................................II-4 Trust Administrator...........................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller........II-6 .............................................II-3 Section 2.04 Execution and Delivery of Certificates.....................................II-12 .....................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date..................................................II-12 .........................II-10 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 ....................II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account................................................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account..................................III-2 Section 3.03 Advances by Master Servicer and Trustee....................................Trust Administrator........III-3 Section 3.04 Custodian Trust Administrator to Cooperate; Release of Owner Mortgage Loan Files.....................................III-5 Section 3.05 Reports to the TrusteeTrustee and the Trust Administrator; Annual Compliance Statements.................................................... III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan..................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions............................................................................III-7 Section 3.08 Oversight of Servicing..........................................................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements............................III-11 Section 3.10 Application of Net Liquidation Proceeds......................................................III-12 Section 3.11 Act Reports..............................................................................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Sec Corp Mor Pass THR Ceert Ser 2001-6)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans...............................................................................II-1 Section 2.02 Acceptance by Custodian.....................................................II-4 Trust Administrator..........................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller........II-6 ...........................................II-3 Section 2.04 Execution and Delivery of Certificates.....................................II-12 ....................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 .............II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account...............................................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account.................................III-2 Section 3.03 Advances by Master Servicer and Trustee....................................III-3 Trust Administrator.......III-4 Section 3.04 Custodian Trust Administrator to Cooperate; Release of Owner Mortgage Mortgage-Loan Files....................................................III-5 Section 3.05 Reports to the TrusteeTrustee and Trust Administrator; Annual Compliance Statements...................................................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Mortgage-Loan............................................................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions.......................................................................................III-7 Section 3.08 Oversight of Servicing.........................................................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements...........................III-11 Section 3.10 Application of Net Liquidation Proceeds.....................................................III-12 Section 3.11 1934 Act Reports........................................................................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-11 Trust)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans..................................................................................II-1 Section 2.02 Acceptance by Custodian.....................................................II-4 .......................................II-5 Section 2.03 Representations and Warranties of the Master Servicer and the Seller........Depositor............................................II-6 Section 2.04 Execution and Delivery of Certificates.....................................II-12 .......................II-14 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 .......................II-15 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account....................................III-2 Section 3.03 Advances by Master Servicer and Trustee..........................................................III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files...............III-5 ......................III-4 Section 3.05 Reports to the Trustee; Annual Compliance Statements.......................III-6 .................................III-5 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.................III-7 ........................................................III-6 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions.....................................................III-7 .........................III-6 Section 3.08 Oversight of Servicing.....................................................III-8 .......................................III-7 Section 3.09 Termination and Substitution of Servicing Agreements......................III-11 ........III-10 Section 3.10 Application of Net Liquidation Proceeds........................................................III-12 Section 3.11 Assessment of Servicing Compliance; Registered Public Accounting Firm Attestation Reports........................III-12 Section 3.12 Exchange Act Reports...............................................................III-12........................................III-14 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 2.01. Conveyance of Mortgage Loans...............................................................................II-1 Section 2.02 2.02. Acceptance by Custodian.....................................................II-4 Trustee......................................II-2 Section 2.03 2.03. Representations and Warranties of the Master Servicer and the Seller........II-6 ...........................II-3 Section 2.04 2.04. Execution and Delivery of Certificates.....................................II-12 .....................II-10 Section 2.05 2.05. Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans....................................II-13 ............II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 3.01. Certificate Account................................................................................................III-1 Section 3.02 3.02. Permitted Withdrawals from the Certificate Account..................................III-2 Section 3.03 3.03. Advances by Master Servicer and Trustee............................................................................III-3 Section 3.04 Custodian 3.04. Trustee to Cooperate; Release of Owner Mortgage Loan Files...............III-5 ...............................................III-4 Section 3.05 3.05. Reports to the Trustee; Annual Compliance Statements.......................III-6 .......III-5 Section 3.06 3.06. Title, Management and Disposition of Any REO Mortgage Loan.................III-7 ............................................III-6 Section 3.07 3.07. Amendments to Servicing AgreementsAgreement, Modification of Standard Provisions........................................................................................III-7 Section 3.08 3.08. Oversight of Servicing.....................................................III-8 .....................................III-7 Section 3.09 3.09. Termination and Substitution of Servicing Agreements......................III-11 Agreement........III-10 Section 3.10 Application of Net Liquidation Proceeds...................................III-12 Section 3.11 3.10. 1934 Act Reports...............................................................III-12...........................................III-11 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Securities Corp Mor Pas Th Cert Ser 1997-11 Tr)

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