Common use of Master Servicer Events of Default Clause in Contracts

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 Section 8.03. Waiver of Defaults 119 Section 8.04. Notification to Holders 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 Section 8.07. Preparation of Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 124 Section 8.03. Waiver of Defaults 119 124 Section 8.04. Notification to Holders 119 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 125 Section 8.07. Preparation of Reports 120 125 Transfer and Servicing Agreement ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Successor. 129 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 133 Section 8.03. Waiver of Defaults 119 133 Section 8.04. Notification to Holders 119 133 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 133 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 134 Section 8.07. Preparation of Reports 120 Reports. 134 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 Section 8.03. Waiver of Defaults 119 118 Section 8.04. Notification to Holders 119 118 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 118 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 Section 8.07. Preparation of Reports 120 119 145322 HomeBanc 2005-2 Transfer and Servicing Agreement iii ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Successor. 121 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 125 Section 8.03. Waiver of Defaults 119 125 Section 8.04. Notification to Holders 119 126 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 126 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 126 Section 8.07. Preparation of Reports 120 Reports. 126 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 127 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 131 Section 8.03. Waiver of Defaults 119 131 Section 8.04. Notification to Holders 119 132 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 132 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 132 Section 8.07. Preparation of Reports 120 132 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 115 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 119 Section 8.03. Waiver of Defaults 119 Section 8.04. Notification to Holders 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 120 Section 8.07. Preparation of Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 Section 8.03. Waiver of Defaults 119 Section 8.04. Notification to Holders 119 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 120 Section 8.07. Preparation of Reports 120 ARTICLE IX

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Successor. 120 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 Default. 124 Section 8.03. Waiver of Defaults 119 Defaults. 125 Section 8.04. Notification to Holders 119 Holders. 125 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 Default. 125 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 Default. 125 Section 8.07. Preparation of Reports 120 Reports. 126 ARTICLE IXIX TERMINATION

Master Servicer Events of Default. Section 8.01. Master Servicer Events of Default; Indenture Trustee To Act; Appointment of Successor 114 Successor. 108 Section 8.02. Additional Remedies of Indenture Trustee Upon Event of Default 118 112 Section 8.03. Waiver of Defaults 119 113 Section 8.04. Notification to Holders 119 113 Section 8.05. Directions by Noteholders and Duties of Indenture Trustee During Master Servicer Event of Default 119 113 Section 8.06. Action Upon Certain Failures of the Master Servicer and Upon Master Servicer Event of Default 119 114 Section 8.07. Preparation of Reports 120 Reports. 114 ARTICLE IX