Common use of Maintenance of Mortgage Impairment Insurance Policy Clause in Contracts

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy Best’s Key rating of B:VI or better in Best's Key Rating Guide A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer Servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide Qualified Insurer insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage LoansGuide, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Trustee, the Servicer shall cause to be delivered to the Trustee, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, and the Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage LoansGuide, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Trustee, the Servicer shall cause to be delivered to the Trustee, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, and the Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses arising from flood, fire and hazards covered under extended coverage on all of the Non-Agency Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that 4.10. Any amounts collected by the Servicer under any such policy relating to a Non-Agency Mortgage Loan shall be deposited in the Custodial Account subject to withdrawal pursuant to Section 4.05. Such policy may contain a deductible clause, in which case the Servicer shallcase, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for Servicer shall deposit in the Distribution Custodial Account at the time of such loss the amount not otherwise payable under the blanket policy because of such deductible clause, which such amount shall not to be reimbursable to the Servicer deposited from the Trust FundServicer’s funds, without reimbursement therefor. In connection The Servicer may seek reimbursement from the Owner for the costs and premiums associated with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare obtaining and present, on behalf of the Trustee, claims under maintaining any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Master Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI III or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Master Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Master Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Master Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage LoansGuide, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Indenture Trustee or the Master Servicer, the Servicer shall cause to be delivered to the such party, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Indenture Trustee, and the Noteholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+ insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to FNMA or better in Best's Key Rating Guide FHLMC insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.11 and otherwise complies with all other requirements of Section 3.1011.11, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.11, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.11, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Master Servicer shall obtain and maintain a blanket policy issued by (the "Mortgage Impairment Insurance Policy") with an insurer that has either (i) having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide or (ii) approved in writing by the Certificate Insurer, such approval not to be unreasonably withheld, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Master Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.105.06, it the Master Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.105.06, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.105.06, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 5.06 and the amount paid under such blanket policy because policy. Upon the written request of the Certificate Insurer, the Trustee or any Certificateholder, the Master Servicer shall cause to be delivered to the Certificate Insurer, the Trustee or such Certificateholder, as the case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as servicer of the Mortgage Loans, the The Master Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the If Servicer shall obtain and maintain a blanket insurance policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.10, 4.10 it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss one or more losses which would have been covered by such policypolicy but for the existence of such deductible clause, deliver to the Trustee for deposit in the Distribution Account pay the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and use reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide A+:XV insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account from its own funds (without any right of reimbursement therefor) the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Xxxxxx Mae or better in Best's Key Rating Guide Xxxxxxx Mac insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee Securities Administrator for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeSecurities Administrator, the Servicer shall cause to be delivered to the Trustee Custodian and the Securities Administrator a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI III or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer a Qualified Insurer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide A+:XV insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Trustee or the Co-Trustee on behalf of the Certificateholders as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.105.07, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.105.07, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.105.07, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution applicable Principal and Interest Account from the Servicer's own funds the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 5.07 and the amount paid under such blanket policy because of such deductible clause, which amount shall not be reimbursable to policy. Upon the Servicer from the Trust Fund. In connection with its activities as servicer request of the Mortgage LoansCertificate Insurer, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under the Co-Trustee or any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeCertificateholder, the Servicer shall cause to be delivered to the Trustee, the Co-Trustee or such Certificateholder, as the case may be, a certified true copy of such policy and a statement from the insurer thereunder that policy. The current issuer of such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trusteeis Lloyds of London.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution related Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide of A:VI insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide A:X insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer The Seller shall cause to be delivered deliver to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Master Servicer shall obtain and maintain a blanket insurance policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide consistent with prudent industry standards, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such insurance policy names the Master Servicer or its designee as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without coinsurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Master Servicer shall conclusively be deemed conclusively to have satisfied its obligations with respect to fire and hazard insurance coverage under Section 3.04. Upon the request of the Insurer or the Indenture Trustee, the Master Servicer shall cause to be delivered to the Insurer or the Indenture Trustee, as set forth in Section 3.10the case may be, it being understood and agreed that a certified true copy of such insurance policy. Any such insurance policy may contain a deductible clause on terms substantially equivalent to those commercially available and maintained by comparable servicers. If such insurance policy contains a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a an insurance policy complying with Section 3.10the first sentence of this paragraph, and there shall have been a loss which that would have been covered by such insurance policy, deliver to deposit into the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket such insurance policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer Master Servicer of the Mortgage Loans, the Master Servicer agrees to prepare and present, on behalf of itself, the Indenture Trustee, the Insurer and the Trust, claims under any such blanket insurance policy in a timely fashion in accordance with the terms of such insurance policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket insurance policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide consistent with Accepted Servicing Practices, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such insurance policy names the Servicer or its designee as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without coinsurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations with respect to fire and hazard insurance coverage under Section 3.04. Upon the request of the Insurer or the Indenture Trustee, the Servicer shall cause to be delivered to the Insurer or the Indenture Trustee, as set forth the case may be, a certified true copy of such insurance policy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Indenture Trustee, the Insurer and the Trust, claims under any such insurance policy in Section 3.10, it being understood and agreed that a timely fashion in accordance with the terms of such insurance policy. If such insurance policy may contain contains a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Mortgage Property or REO Property a an insurance policy complying comply with Section 3.10this Section, and there shall have been a loss which that would have been covered by such insurance policy, deliver to deposit into the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket such insurance policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy an A.M. Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Company shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain maintain, at its own expense, a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide or is otherwise acceptable to Xxxxxx Mae or Xxxxxxx Mac (a “Qualified Insurer”) insuring against fire and hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount . Any amounts collected by the Servicer under any such policy relating to a Mortgage Loan shall not be reimbursable deposited in the Custodial Account to the Servicer from extent such amounts are not deposited in the Trust FundEscrow Account. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide Qualified Insurer insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 2.10 and otherwise complies with all other requirements of Section 3.102.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.102.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.102.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI acceptable to FNMA or better in Best's Key Rating Guide FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide acceptable to Xxxxxx Mae and/or FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount clause and seller shall not be reimbursable entitled to the Servicer from the Trust Fundreimbursement thereafter. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI acceptable to Xxxxxx Mae or better in Best's Key Rating Guide FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain and maintain a blanket insurance policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and shall use reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer acceptable to Xxxxxx Xxx and Xxxxxxx Mac and that has a general policy rating of B:VI A:X or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Trustee, the Servicer shall cause to be delivered to the Trustee, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the TrusteeTrustee and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Master Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Master Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.4, it the Master Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.4, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.4, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.4 and the amount paid under such blanket policy because policy. Upon the request of the Owner Trustee or the Trustee, the Master Servicer shall cause to be delivered to the Owner Trustee or the Trustee a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to prepare and present, on behalf of itself, the Owner Trustee, the Trustee, the Noteholders and the Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI acceptable to Fxxxxx Mae or better in Best's Key Rating Guide FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide A+:XV insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxx xxx Mortgagx Xxxxx, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Countrywide Servicing shall obtain and maintain a blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide A+:XV insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Countrywide Servicing shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Countrywide Servicing agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer Countrywide Servicing shall cause to be delivered to the Trustee a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide of A:VI insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Interim Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Interim Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Interim Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Interim Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Interim Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by (the "Mortgage Impairment Insurance Policy") with an insurer that has either (i) having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide or (ii) approved in writing by the Certificate Insurer, such approval not to be unreasonably withheld, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.105.06, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.105.06, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.105.06, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 5.06 and the amount paid under such blanket policy because policy. Upon the request of the Certificate Insurer, the Trustee or any Certificateholder, the Servicer shall cause to be delivered to the Certificate Insurer, the Trustee or such Certificateholder, as the case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as servicer of the Mortgage Loans, the The Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide acceptable to FNMA and/or FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy names the Seller as loss payee, provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policypolicy and as otherwise deemed necessary by the Seller in accordance with Accepted Servicing Practices. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Company shall obtain and maintain a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Company shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Company agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Company shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Trustee on behalf of the Noteholders and the Certificateholders as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.104.07, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.104.07, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.07, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution applicable Principal and Interest Account from the Servicer's own funds the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 4.07 and the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims paid under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon the request of the Owner Trustee or the Trustee, the Servicer shall cause to be delivered to the Owner Trustee or the Trustee, as the case may be, a certified true copy of such policy and a statement from the insurer thereunder that policy. The current issuer of such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trusteeis Lloyds of London.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain main­tain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 8.10 and otherwise complies with all other requirements of Section 3.108.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10in8.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.108.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePur­chaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Pur­chaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide issuer acceptable to Xxxxxx Mae and/or Xxxxxxx Mac insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide Qualified Insurer insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 2.10 and otherwise complies with all other requirements of Section 3.102.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.102.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.102.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Master Reporting Agent or the Trustee, the Servicer shall cause to be delivered to the Trustee Master Reporting Agent or the Trustee, as applicable, a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Master Reporting Agent and the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Xxxxxx Mae or better in Best's Key Rating Guide Xxxxxxx Mac insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.09 and otherwise complies with all other requirements of Section 3.104.09, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.09, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.09, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansalx xx xhe Mortgxxx Xxxns, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.103.13, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.103.13, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.13, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeTrust Fund, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution related Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy certificate of insurance with respect to such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide III insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 33.10 and otherwise complies with all other requirements of Section 3.10Subsection 33.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 33.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 33.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution related Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy certificate of insurance with respect to such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trusteecoverage.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide III insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.08 and otherwise complies with all other requirements of Section 3.104.08, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.08, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Foreclosure Property a policy complying with Section 3.104.08, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeIssuer and the Noteholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeInitial Noteholder, the Servicer shall cause to be delivered to the Trustee Noteholders a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteeIssuer and the Noteholders.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide Qualified Insurer insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide acceptable to Xxxxxx Xxx and/or FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount clause and Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundreimbursement thereafter. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and shall use commercially reasonable best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI III or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.103.13, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.103.13, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.13, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeTrust Fund, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain maintain, at its own expense, a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide (a “Qualified Insurer”) insuring against fire and hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.105.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount . Any amounts collected by the Servicer under any such policy relating to a Mortgage Loan shall not be reimbursable deposited in the Custodial Account to the Servicer from extent such amounts are not deposited in the Trust FundEscrow Account. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteeOwner, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteeOwner, the Servicer shall cause to be delivered to the Trustee Owner a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteeOwner.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide rating of A:VI insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as interim servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5 . 10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case ease the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Interim Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Interim Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Interim Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Interim Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Interim Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy rating of BA:VI VIII or better in Best's Key Rating Guide Guide, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.104.8, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.104.8, it being understood and agreed that such blanket policy may contain a deductible clauseclause that is in form and substance consistent with standard industry practice for servicers of mortgage loans comparable to the Loans, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.8, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 4.8 and the amount paid under such blanket policy because policy. Upon the request of the Indenture Trustee or any Securityholder, the Servicer shall cause to be delivered to the Indenture Trustee or such Certificateholder, as the case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the TrusteeIndenture Trustee and Securityholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide issuer acceptable to Xxxxxx Mae and/or Xxxxxxx Mac insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundwithout reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide acceptable to XXXXXX MAE and/or FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount clause and seller shall not be reimbursable entitled to the Servicer from the Trust Fundreimbursement thereafter. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxxx Xxrtgage Lxxxx, thenxhen, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.09 and otherwise complies with all other requirements of Section 3.104.09, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.09, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.09, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has either (A) having a general policy General Policy rating of BA:VI VIII or better in Best's ’s Key Rating Guide Guide, or (B) approved by the Certificate Insurer, such approval not to be unreasonably withheld, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver deposit in the Collection Account the difference, if any, between the amount that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy. Upon the request of the Certificate Insurer, the Trustee or any Certificateholder, the Servicer shall cause to be delivered to the Trustee for deposit in or such Certificateholder, as the Distribution Account the amount not otherwise payable under the blanket policy because case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has either (A) having a general policy General Policy rating of BA:VI VIII or better in Best's ’s Key Rating Guide Guide, or (B) approved by the Certificate Insurer, such approval not to be unreasonably withheld, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver deposit into the Collection Account the difference, if any, between the amount that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy. Upon the request of the Certificate Insurer, the Trustee or any Certificateholder, the Servicer shall cause to be delivered to the Trustee for deposit in or such Certificateholder, as the Distribution Account the amount not otherwise payable under the blanket policy because case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide acceptable to FNMA and/or FHLMC insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy names the Seller as loss payee, provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policypolicy and as otherwise deemed necessary by the Seller in accordance with Accepted Servicing Practices. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansalx xx xhe Mortgxxx Xxxns, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.09 and otherwise complies with all other requirements of Section 3.104.09, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.09, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.09, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxxx Xxrtgage Lxxxx, thenxhen, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxxx Xortgage Xxxxx, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxx xxe Mortgaxx Xxxxs, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 SECTION 5.10 and otherwise complies with all other requirements of Section 3.10SECTION 5.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10SECTION 5.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, SECTION 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; PROVIDED that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide issuer acceptable to Xxxxxx Mae and/or Xxxxxxx Mac insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.10 and otherwise complies with all other requirements of Section 3.104.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee a certified true copy Purchaser an insurance certificate certifying coverage under such policy, and will provide an update to such certificate upon request, or upon renewal or material modification of coverage. The Servicer shall not terminate or materially modify such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Interim Servicer shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide of A:VI insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Interim Servicer shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Interim Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Interim Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Interim Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty (30) days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better issuer acceptable to the Purchaser and, in Best's Key Rating Guide connection with the Securitization Transaction, the Guarantor, insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Servicing Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use its best efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days’ prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI Qualified Insurer acceptable under the Xxxxxx Xxx MBS Selling and Servicing Guide or better in Bestthe Xxxxxxx Mac Servicer's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 and otherwise complies with all other requirements of Section 3.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+ insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable -56- under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the ox xxx Mortgage LoansXxxxx, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.09 and otherwise complies with all other requirements of Section 3.104.09, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.09, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.09, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer The Seller shall cause to be delivered deliver to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Option One shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of B:VI or better in Best's Key Rating Guide III insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.11 and otherwise complies with all other requirements of Section 3.1011.11, it Option One shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.11, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Option One shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.11, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Option One agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Option One shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller (or an Affiliate of the Seller) shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI issuer acceptable to Fannie Mae or better in Best's Key Rating Guide Freddie Mac insuring against hazard losses on all of the Mortgage Loansxx xxe Mortgaxx Xxxxs, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.09 and otherwise complies with all other requirements of Section 3.104.09, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.09, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.09, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and shall use commercially reasonable efforts to obtain a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days (30) days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss which one or more losses that would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In --------------------------------------------------- the event that the Master Servicer shall obtain and maintain a blanket policy issued by consistent with prudent industry standards with an insurer that has either (A) having a general policy General Policy rating of B:VI A.VIII or better in Best's Key Rating Guide Guide, or (B) approved by the Certificate Insurer, such approval not to be unreasonably withheld; insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Master Servicer or its designee as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co- insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Master Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Certificate Insurer or the Trustee, the Master Servicer shall cause to be delivered to the Certificate Insurer or the Trustee, as the case may be, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 3.12 and otherwise complies with all other requirements of Section 3.103.12, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.103.12, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.12, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee Securities Administrator for deposit in the Distribution Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee and the Master Servicer a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the TrusteeTrustee and the Master Servicer.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5.10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case ease the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by an insurer that has a general policy rating of B:VI or better in Best's ’s Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 4.11 and otherwise complies with all other requirements of Section 3.104.11, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.104.11, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.104.11, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Payment Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the Trustee, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trusteepolicy.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy Best rating of BA:VI or better in Best's Key Rating Guide insuring against hazard losses on Exh. 9-8 all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 11.10 and otherwise complies with all other requirements of Section 3.1011.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.1011.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.1011.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy declaration statement verifying insurance coverage and a statement deductible amounts from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trusteeinsurer.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Master Servicer shall obtain and maintain a blanket policy issued by with an insurer that has having a general policy General Policy rating of BA:VI VIII or better in Best's ’s Key Rating Guide insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Master Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.4, it the Master Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.4, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Master Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.4, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.4 and the amount paid under such blanket policy because policy. Upon the request of the Owner Trustee or the Trustee, the Master Servicer shall cause to be delivered to the Owner Trustee or the Trustee a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees to prepare and present, on behalf of itself, the Owner Trustee, the Trustee, the Noteholders and the Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that If the Servicer shall obtain obtains and maintain maintains a blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide rating of A+:V insuring against hazard losses on all of the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 5. 10 and otherwise complies with all other requirements of Section 3.105.10, it shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.105.10, it being understood and agreed that such policy may contain a deductible clause, in which case ease the Servicer shall, in the event that if there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10, 5.10 and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount ; provided that the Servicer shall not be reimbursable entitled to the Servicer from the Trust Fundobtain reimbursement therefor. In connection with its activities as servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days 30 days' prior written notice to the TrusteePurchaser.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer shall obtain and maintain a blanket policy issued by with an insurer that has either (A) having a general policy General Policy rating of BA:VI VIII or better in Best's Key Rating Guide or (B) approved by the Certificate Insurer, such approval not to be withheld unreasonably, insuring against hazard losses fire and hazards of extended coverage on all of the Mortgage Loans, then, to the extent such policy names the Servicer as loss payee and provides coverage in an amount equal to the amount required pursuant to Section 3.10 aggregate unpaid principal balance on the Mortgage Loans without co-insurance, and otherwise complies with all other the requirements of Section 3.103.04, it the Servicer shall conclusively be deemed conclusively to have satisfied its obligations as set forth in with respect to fire and hazard insurance coverage under Section 3.103.04, it being understood and agreed that such blanket policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.103.04, and there shall have been a loss which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Collection Account the difference, if any, between the amount not otherwise that would have been payable under a policy complying with Section 3.04 and the amount paid under such blanket policy because policy. Upon the request of the Trustee, the Servicer shall cause to be delivered to the Certificate Insurer or the Trustee, a certified true copy of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fundpolicy. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Certificate Insurer and Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the Trustee, the Servicer shall cause to be delivered to the Trustee a certified true copy of such policy and a statement from the insurer thereunder that such policy shall in no event be terminated or materially modified without thirty days prior written notice to the Trustee.

Maintenance of Mortgage Impairment Insurance Policy. In the event that the Servicer Seller shall obtain and maintain a mortgage impairment or blanket policy issued by an insurer issuer that has a general policy rating of B:VI or better in Best's Key Rating Guide of A:VI insuring against hazard losses on all of Mortgaged Properties securing the Mortgage Loans, then, to the extent such policy provides coverage in an amount equal to the amount required pursuant to Section 3.10 Subsection 11.10 and otherwise complies with all other requirements of Section 3.10Subsection 11.10, it the Seller shall conclusively be deemed to have satisfied its obligations as set forth in Section 3.10Subsection 11.10, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer Seller shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with Section 3.10Subsection 11.10, and there shall have been a loss one or more losses which would have been covered by such policy, deliver to the Trustee for deposit in the Distribution Custodial Account the amount not otherwise payable under the blanket policy because of such deductible clause, which amount shall not be reimbursable to the Servicer from the Trust Fund. In connection with its activities as servicer of the Mortgage Loans, the Servicer Seller agrees to prepare and present, on behalf of the TrusteePurchaser, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy. Upon request of the TrusteePurchaser, the Servicer Seller shall cause to be delivered to the Trustee Purchaser a certified true copy of such policy and a statement from the insurer thereunder that such policy shall is in no event be terminated or materially modified without thirty days prior written notice to the Trusteeeffect.