Obligations of the Custodian. (a) The Custodian shall maintain continuous custody of all items constituting the Custodial Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee, on behalf of the Trust therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.
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Samples: Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2007-12), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2007-13), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)
Obligations of the Custodian. (a) The Custodian shall maintain continuous custody of all items constituting the Custodial Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee, on behalf of the Trust Lender therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.
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Samples: Custodial Agreement (MortgageIT Holdings, Inc.), Custodial Agreement (New York Mortgage Trust Inc), Custodial Agreement (American Home Mortgage Holdings Inc)
Obligations of the Custodian. (a) The Custodian shall maintain continuous custody of all items constituting the Custodial Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee, on behalf of the Trust Purchaser therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.
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Samples: Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)
Obligations of the Custodian. (a) The Custodian shall segregate and maintain continuous custody of all items constituting the Custodial Receivable Files in secure and fire resistant facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee, on behalf of the Trust therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilitiescustody.
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Obligations of the Custodian. (a) The Custodian shall maintain continuous custody of all items constituting the Custodial Loan Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee, on behalf of the Trust therein. Each Mortgage Promissory Note (and Assignment of Mortgage) Mortgage shall be maintained in fire resistant facilities.
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