Common use of Not Responsible for Recitals or Issuance of Bonds Clause in Contracts

Not Responsible for Recitals or Issuance of Bonds. The recitals contained herein and in the Bonds, except the certificates of authentication on the Bonds and any such recitals that constitute express representations, warranties, certifications or acknowledgments of or on the part of the Indenture Trustee, shall be taken as the statements of the Issuer or other appropriate party to any Terms Indenture, and the Indenture Trustee assumes no responsibility for their correctness. Except as expressly set forth in the related Terms Indenture, the Indenture Trustee makes no representation as to the validity or sufficiency of this Indenture, the Bonds of any Series or any Trust Estate. The Indenture Trustee shall not be accountable for the use or application by the Issuer of the Bonds of any Series or of the proceeds thereof or for the use or application of any funds paid to a servicer, a master servicer, a special servicer or an MBS administrator, as applicable, in respect of the Mortgage Collateral for any Series (unless it is acting in such capacity) or deposited into an Account established hereunder that is not maintained by it.