Common use of Duties of Trustee and Securities Administrator Clause in Contracts

Duties of Trustee and Securities Administrator. 136- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- Section 10.07 INSURANCE..........................................................................-141- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI

Duties of Trustee and Securities Administrator. 136- 122- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR......................-124- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- LOANS ...........................................................................................-125- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- ...................................-126- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................-126- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ...........................-127- Section 10.07 INSURANCE..........................................................................-141- ...................................................................................-127- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- .............................-127- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ...............................................-128- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- ..............................-129- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ...............................................-129- Section 10.12 TAX MATTERS........................................................................-144- .................................................................................-131- ARTICLE XI

Duties of Trustee and Securities Administrator. 136- 127- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR......................-129- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- ..........-130- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- ...................................-131- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................-131- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ...........................-132- Section 10.07 INSURANCE..........................................................................-141- ...................................................................................-132- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- .............................-132- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ...............................................-133- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- ..............................-134- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ...............................................-134- Section 10.12 TAX MATTERS........................................................................-144- .................................................................................-136- ARTICLE XI

Duties of Trustee and Securities Administrator. 136- 125- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- -127- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- -128- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- -129- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- -129- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- -130- Section 10.07 INSURANCE..........................................................................-141- -130- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- -130- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- -131- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- -132- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- -132- Section 10.12 TAX MATTERS........................................................................-144- -133- ARTICLE XIXI TERMINATION Section 11.01 TERMINATION UPON LIQUIDATION OR REPURCHASE OF ALL MORTGAGE LOANS ..................................................................................-137- Section 11.02 FINAL DISTRIBUTION ON THE CERTIFICATES.............................................-137- Section 11.03 ADDITIONAL TERMINATION REQUIREMENTS................................................-139- ARTICLE XII

Duties of Trustee and Securities Administrator. 136- 126 Section 10.02 8.2 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR.............................127 Section 10.03 8.3 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- ..................129 Section 10.04 TRUSTEE 8.4 TRUSTEE, MASTER SERVICER AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- .................129 Section 10.05 TRUSTEE'S 8.5 FEES AND EXPENSES OF TRUSTEE AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................129 Section 10.06 8.6 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ..........................130 Section 10.07 INSURANCE..........................................................................-141- Section 10.08 8.7 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- ............................130 Section 10.09 8.8 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ..............................................131 Section 10.10 8.9 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- .............................132 Section 10.11 8.10 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ..............................................132 Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI8.11 APPOINTMENT OF OFFICE OR AGENCY............................................................133

Duties of Trustee and Securities Administrator. 136- 121 Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR......................123 Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- LOANS ...........................................................................................124 Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- ...................................125 Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................125 Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ...........................126 Section 10.07 INSURANCE..........................................................................-141- ...................................................................................126 Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- .............................126 Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ...............................................127 Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- ..............................128 Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ...............................................128 Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI10.12

Duties of Trustee and Securities Administrator. 136- 101 Section 10.02 8.2 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR.............................102 Section 10.03 8.3 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- ..................104 Section 10.04 TRUSTEE 8.4 TRUSTEE, MASTER SERVICER AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- .................104 Section 10.05 TRUSTEE'S 8.5 FEES AND EXPENSES OF TRUSTEE AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................104 Section 10.06 8.6 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ..........................105 Section 10.07 INSURANCE..........................................................................-141- Section 10.08 8.7 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- ............................105 Section 10.09 8.8 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI..............................................106

Duties of Trustee and Securities Administrator. 136- Section 10.02 114- SECTION 9.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- Section 10.03 ADMINISTRATOR..............................-115- SECTION 9.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- Section 10.04 .......................................................................................-117- SECTION 9.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- Section 10.05 TRUSTEE'S ...................................-117- SECTION 9.05 FEES AND EXPENSES OF TRUSTEE AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- Section 10.06 ...................................-118- SECTION 9.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- Section 10.07 INSURANCE..........................................................................-141- Section 10.08 ...........................-118- SECTION 9.07 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- Section 10.09 .............................-119- SECTION 9.08 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- Section 10.10 ...............................................-120- SECTION 9.09 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- Section 10.11 ..............................-120- SECTION 9.10 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI...............................................-121- SECTION 9.11 APPOINTMENT OF OFFICE OR AGENCY.............................................................-122- SECTION 9.12

Duties of Trustee and Securities Administrator. 136- 129- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR......................-131- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- LOANS ...........................................................................................-132- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- ...................................-133- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................-133- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ...........................-134- Section 10.07 INSURANCE..........................................................................-141- ...................................................................................-134- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- .............................-134- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ...............................................-135- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- ..............................-136- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ...............................................-136- Section 10.12 TAX MATTERS........................................................................-144- ARTICLE XI.................................................................................-137-

Duties of Trustee and Securities Administrator. 136- 123- Section 10.02 CERTAIN MATTERS AFFECTING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR ..................................................................................-138- ADMINISTRATOR......................-125- Section 10.03 TRUSTEE AND SECURITIES ADMINISTRATOR NOT LIABLE FOR CERTIFICATES OR MORTGAGE LOANS..............................................................................-139- LOANS ...........................................................................................-126- Section 10.04 TRUSTEE AND SECURITIES ADMINISTRATOR MAY OWN CERTIFICATES..........................-140- ...................................-127- Section 10.05 TRUSTEE'S AND SECURITIES ADMINISTRATOR'S FEES AND EXPENSES.........................-140- ..................................-127- Section 10.06 ELIGIBILITY REQUIREMENTS FOR TRUSTEE AND SECURITIES ADMINISTRATOR..................-141- ...........................-128- Section 10.07 INSURANCE..........................................................................-141- ...................................................................................-128- Section 10.08 RESIGNATION AND REMOVAL OF TRUSTEE AND SECURITIES ADMINISTRATOR....................-141- .............................-128- Section 10.09 SUCCESSOR TRUSTEE OR SECURITIES ADMINISTRATOR......................................-142- ...............................................-129- Section 10.10 MERGER OR CONSOLIDATION OF TRUSTEE OR SECURITIES ADMINISTRATOR.....................-143- ..............................-130- Section 10.11 APPOINTMENT OF CO-TRUSTEE OR SEPARATE TRUSTEE......................................-143- ...............................................-130- Section 10.12 TAX MATTERS........................................................................-144- .................................................................................-131- ARTICLE XI