Common use of Covenants of the Seller Clause in Contracts

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Master Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Master Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller or the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Home Loan, or any interest therein; it . The Seller will notify the TrusteeIndenture Trustee in writing, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Home Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Home Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Home Equity Loan, or any interest therein, except with respect to any Excluded Amount; it the Seller will notify the TrusteeIssuer, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Home Equity Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Home Equity Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoProceedings.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Home Loan, or any interest therein; it . The Seller will notify the Indenture Trustee, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Home Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Home Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the TrusteeTrust, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, the Insurer and the Indenture Trustee of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the Trust, as assignee of Trust and the Purchaser, Indenture Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and or other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunderto the Depositor, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, however that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Home Equity Loan, or any interest therein; it the Seller will notify the TrusteeIssuer, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Home Equity Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Home Equity Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Revolving Credit Loan, or any interest therein, except with respect to any Excluded Amount; it the Seller will notify the TrusteeIssuer, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Revolving Credit Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Revolving Credit Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, the Insurer and the Owner Trustee of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the Trust, as assignee of Trust and the Purchaser, Indenture Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and or other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunderto the Depositor, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, however that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.07 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans Properties any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of the PurchaserPurchaser and its assigns, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustTrust Fund, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans Properties any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 2.08 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunderto the Depositor, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, however that nothing in this Section 4.01 2.07 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, Depositor of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunderhereunder and as of any Subsequent Transfer Date, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will , except with respect to any Excluded Amount. The Seller shall notify the TrusteeIssuer (in the case of the Initial Mortgage Loans, as assignee of the Purchaser), of the existence of any Lien (other than as provided above) on any Mortgage Loan immediately upon discovery thereof; and it will the Seller shall defend the right, title and interest of the TrustIssuer (in the case of the Initial Mortgage Loans, as assignee of the Purchaser, ) in, to and under the Mortgage Loans, Loans against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoProceedings.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, the Certificate Insurer and the Master Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Home Loan, or any interest therein; it . The Seller will notify the Indenture Trustee, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any Mortgage Home Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the TrustIssuer, as assignee of the Purchaser, in, to and under the Mortgage Loans, Home Loans against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.07 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans Properties any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, Depositor of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; thereof and it will defend the right, title and interest of the Trust, as an assignee of the Purchaser, Purchaser and the Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the TrusteeIssuer, as assignee of the Purchaser, Purchaser and the Indenture Trustee as an assignee of the Issuer of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of the PurchaserPurchaser and its assigns, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the related Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor and the Certificate Insurer, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any [Contract] [Mortgage Loan], whether now existing or hereafter created, or any interest therein; it the Seller will notify the TrusteeTrust, as assignee of the Purchaser, of the existence of any Lien (other than as provided above) on any [Contract] [Mortgage Loan Loan] immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the [Contracts] [Mortgage Loans], whether now existing or hereafter created, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 4.1 shall prevent or be deemed to prohibit the Seller from suffering apply to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect theretoproceedings.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Certificate Administrator of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, Indenture Trustee of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of Trust and the Purchaser, Indenture Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the TrusteePurchaser[, as assignee of the Purchaser, Insurer] and the [Owner] Trustee of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the Trust, as assignee of Trust and the Purchaser, [Indenture] Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and or other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Home Loan, or any interest therein; it the Seller will notify the Indenture Trustee, as assignee of the Purchaser's assignee, of the existence of any Lien lien on any Mortgage Home Loan immediately upon discovery thereof; and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Home Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Home Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, incur or assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, and the Certificate Insurer of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; and it will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Guarantor of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it will notify the Trustee, as assignee of the Purchaser, Trustee of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; thereof and it will defend the right, title and interest of the Trust, as assignee of Trust and the Purchaser, Trustee in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Indenture Trustee, as assignee of the Purchaser, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Originator or the Seller; provided, however, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Originator or the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Originator or the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. The Seller hereby covenants that, except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, and the Servicer of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the TrustTrustee, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.

Covenants of the Seller. (a) The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the PurchaserDepositor, of the existence of any Lien lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the PurchaserDepositor, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; provided, however, that nothing in this Section 4.01 2.09 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.. Back to Contents

Covenants of the Seller. The Seller hereby covenants that, that except for the transfer hereunder, it the Seller will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien on any Mortgage Loan, or any interest therein; it the Seller will notify the Trustee, as assignee of the Purchaser, of the existence of any Lien on any Mortgage Loan immediately upon discovery thereof; , and it the Seller will defend the right, title and interest of the Trust, as assignee of the Purchaser, in, to and under the Mortgage Loans, against all claims of third parties claiming through or under the Seller; providedPROVIDED, howeverHOWEVER, that nothing in this Section 4.01 shall prevent or be deemed to prohibit the Seller from suffering to exist upon any of the Mortgage Loans any Liens for municipal or other local taxes and other governmental charges if such taxes or governmental charges shall not at the time be due and payable or if the Seller shall currently be contesting the validity thereof in good faith by appropriate proceedings and shall have set aside on its books adequate reserves with respect thereto.