Common use of Liability of Servicer; Indemnification Clause in Contracts

Liability of Servicer; Indemnification. 88 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or the Owners..........88 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee..................89 Section 8.08 Principal and Interest Account...................................................89 Section 8.09 Delinquency Advances and Servicing Advances......................................91 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 Section 8.11 Maintenance of Insurance.........................................................92 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 Section 8.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 Section 8.14 Trustee to Cooperate; Release of Files...........................................95 Section 8.15 Servicing Compensation...........................................................96 Section 8.16 Annual Statement as to Compliance................................................96 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 Section 8.19

Liability of Servicer; Indemnification. 88 48 Section 8.06 4.06 No Contractual Relationship Between Sub-Servicer, Indenture Trustee or the Owners..........88 .................................................................48 Section 8.07 4.07 Assumption or Termination of Sub-Servicing Agreement by Indenture Trustee..................89 ............................................................49 Section 8.08 4.08 Principal and Interest Account...................................................89 ........................................................49 Section 8.09 4.09 Delinquency Advances and Servicing Advances......................................91 ...........................................50 Section 8.10 4.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 ................................51 Section 8.11 4.11 Maintenance of Insurance.........................................................92 ..............................................................52 Section 8.12 4.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 ...........................52 Section 8.13 4.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 ............................................................53 Section 8.14 4.14 Indenture Trustee to Cooperate; Release of Files...........................................95 ......................................54 Section 8.15 Servicing Compensation...........................................................96 Section 8.16 Annual Statement as to Compliance................................................96 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 Section 8.194.15

Liability of Servicer; Indemnification. 88 Section 8.06 8.06. No Contractual Relationship Between Sub-Servicer, Trustee or the Owners..........88 ................................................89 Section 8.07 8.07. Assumption or Termination of Sub-Servicing Agreement by Trustee.....................................................................89 Section 8.08 8.08. Principal and Interest Account..................................................................................89 Section 8.09 8.09. Delinquency Advances and Servicing Advances........................................................91 Section 8.10 8.10. Compensating Interest; Repurchase of Home Equity Loans...........................91 .......92 Section 8.11 8.11. Maintenance of Insurance.........................................................92 .....................................93 Section 8.12 8.12. Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 ..94 Section 8.13 8.13. Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans...................................................94 Section 8.14 8.14. Trustee to Cooperate; Release of Files...........................................95 .......................96 Section 8.15 8.15. Servicing Compensation...........................................................96 .......................................97 Section 8.16 8.16. Annual Statement as to Compliance................................................96 ............................97 Section 8.17 8.17. Annual Independent Certified Public Accountants' Reports.........................96 .....98 Section 8.18 8.18. Access to Certain Documentation and Information Regarding the Home Equity Loans..97 ........................................98 Section 8.19.

Liability of Servicer; Indemnification. 88 81 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or the Owners..........88 ............................................................81 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee..................89 .......................................................................81 Section 8.08 Principal and Interest Account...................................................89 82 Section 8.09 Delinquency Advances and Servicing Advances......................................91 83 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 84 Section 8.11 Maintenance of Insurance.........................................................92 85 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 85 Section 8.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 .............................................................86 Section 8.14 Trustee to Cooperate; Release of Files...........................................95 87 Section 8.15 Servicing Compensation...........................................................96 Section 8.16 Annual Statement as to Compliance................................................96 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 Section 8.198.15

Liability of Servicer; Indemnification. 88 116 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or -ii- the Owners..........88 ...........................................116 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee..................89 ...........................................117 Section 8.08 Principal and Interest Account...................................................89 .......................117 Section 8.09 Delinquency Advances and Servicing Advances......................................91 ..........119 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 ................................................120 Section 8.11 Maintenance of Insurance.........................................................92 .............................121 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 ...........................................121 Section 8.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 Modification.........................................122 Section 8.14 Trustee to Cooperate; Release of Files...........................................95 ...............124 Section 8.15 Servicing Compensation...........................................................96 ...............................125 Section 8.16 Annual Statement as to Compliance................................................96 ....................125 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 ..............................................125 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 ......................126 Section 8.198.19 Assignment of Agreement..............................126 Section 8.20 Removal of Servicer; Resignation of Servicer.........126 Section 8.21 Inspections by Certificate Insurer; Errors and Omissions Insurance..................................131

Liability of Servicer; Indemnification. 88 98 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or the Owners..........88 .........................................98 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee..................89 ....................................................98 Section 8.08 Principal and Interest Account...................................................89 ..................................99 Section 8.09 Delinquency Advances and Servicing Advances......................................91 ....................100 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 .........101 Section 8.11 Maintenance of Insurance.........................................................92 .......................................102 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 ....102 Section 8.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 Modification.....103 Section 8.14 Trustee to Cooperate; Release of Files...........................................95 .........................105 Section 8.15 Servicing Compensation...........................................................96 .........................................106 Section 8.16 Annual Statement as to Compliance................................................96 ..............................106 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 .......106 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 ........................................106 Section 8.198.19 Assignment of Agreement........................................107 Section 8.20 Removal of Servicer; Resignation of Servicer...................107 Section 8.21 Inspections by Certificate Insurer; Errors and Omissions Insurance..........................................111