Common use of Protected Accounts Clause in Contracts

Protected Accounts. (a) The Master Servicer shall enforce the obligation of each Servicer to establish and maintain a Protected Account in accordance with the applicable Servicing Agreement, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, all collections of principal and interest on any Mortgage Loan and any REO Property received by a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any Servicer) and all other amounts to be deposited in the Protected Account. The Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the Protected Account shall be held by a Designated Depository Institution and segregated on the books of such institution in the name of the Trustee for the benefit of Certificateholders. (b) To the extent provided in the related Servicing Agreement, amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such Permitted Investments shall mature, or shall be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the related Servicer. The related Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Each Master Servicer shall enforce establish and maintain if it is servicing the obligation of related Mortgage Loans and shall require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by such Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Each Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution institution. The amount at any time credited to a Protected Account shall be fully insured by the FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate sub-account of the Certificate Account or invested in Permitted Investments or may be deposited in a Rating Agency Eligible Account in the name of the Trustee for the benefit of CertificateholdersCertificateholders and not commingled with any other funds. Each Master Servicer may, and such Master Servicer may permit a Sub-Servicer to, transfer funds to other accounts (b) To which shall for purposes hereof be deemed to be Protected Accounts), commingle accounts, or to establish Protected Accounts not conforming to the foregoing requirements, to the extent provided in the related Servicing Agreement, amounts that such other accounts or Protected Accounts are Rating Agency Eligible Accounts. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the relevant Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the relevant Master Servicer or the related Sub-Servicer. The relevant Master Servicer shall itself, or shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of require ------------------ each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub- Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution in institution. The amount at any time credited to a Protected Account shall be fully insured by the name FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate subaccount of the Trustee for the benefit of Certificateholders. (b) To the extent provided in Certificate Account or the related Servicing Agreement, amounts Custody Account or invested in Permitted Investments. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Custody Account or Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub-Servicer. The Master Servicer shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit the related Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of each the Servicer under the Servicing Agreement to establish and maintain a Protected Account in accordance with the applicable Servicing Agreement, with records to be kept with respect thereto on a Mortgage Loan HELOC by Mortgage Loan HELOC basis, into which accounts account shall be deposited within 48 hours two (2) Business Days (or as of such other time specified in the related Servicing Agreement) of receipt, all collections of principal and interest on any Mortgage Loan HELOC and any REO Property received by a the Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's ’s own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerAgreement) and all other amounts to be deposited in the related Protected Account. Each Protected Account shall be an Eligible Account. The Servicer is hereby authorized under the Servicing Agreement to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this the Servicing Agreement. To the extent provided in the related Servicing Agreement, the Protected Account shall be held by a Designated Depository Institution and segregated on the books of such institution in the name of the Indenture Trustee for the benefit of Certificateholdersthe Noteholders. (b) To the extent provided in the related Servicing Agreement, amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such Permitted Investments shall mature, or shall be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the related Servicer. The related Servicer (to the extent provided set forth in the Servicing Agreement, the Servicer will establish and maintain one or more custodial accounts (referred to herein as “Protected Accounts”) shall into which it will deposit the amount of any daily or at such loss other time as specified in the Servicing Agreement, all collections of principal and interest on any HELOCs, including principal prepayments, Insurance Proceeds, Liquidation Proceeds, Recoveries and Subsequent Recoveries, less the applicable servicing fee. All Protected Account within two Business Days Accounts and amounts at any time credited thereto shall comply with the requirements of receipt the Servicing Agreement and shall meet the requirements of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholdersrating agencies.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution in institution. The amount at any time credited to a Protected Account shall be fully insured by the name FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate subaccount of the Trustee for the benefit of Certificateholders. (b) To the extent provided in Certificate Account or the related Servicing Agreement, amounts Custody Account or invested in Permitted Investments. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Custody Account or Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub-Servicer. The Master Servicer shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the related Protected Account within two [ ] Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit the related Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts.

Protected Accounts. (a) The Each Master Servicer shall enforce establish and maintain if it is servicing the obligation of related Mortgage Loans and shall require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by such Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Each Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution institution. The amount at any time credited to a Protected Account shall be fully insured by the FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate subaccount of the Certificate Account or the related Custody Account or invested in Permitted Investments or may be deposited in a Rating Agency Eligible Account in the name of the Trustee for the benefit of CertificateholdersCertificateholders and not commingled with any other funds. Each Master Servicer may, and such Master Servicer may permit a Sub-Servicer to, transfer funds to other accounts (bwhich shall for purposes hereof be deemed to be Protected Accounts) To or to establish Protected Accounts not conforming to the foregoing requirements, to the extent provided that such other accounts or Protected Accounts are Rating Agency Eligible Accounts in the related Servicing Agreement, amounts name of the Trustee for the benefit of Certificateholders and not commingled with any other funds. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, and not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection custody Account or Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the relevant Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the relevant Master Servicer or the related Sub-Servicer. The relevant Master Servicer shall itself, or shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall enforce establish and maintain if it is servicing the obligation of Mortgage Loans and shall require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as two Business Days of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution institution. The amount at any time credited to a Protected Account shall be fully insured by the FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the Certificate Account or invested in Permitted Investments or may be deposited in a Rating Agency Eligible Account in the name of the Trustee for the benefit of CertificateholdersCertificateholders and the Certificate Insurer and not commingled with any other funds. The Master Servicer may, and the Master Servicer may permit a Sub-Servicer to, transfer funds to other accounts (b) To which shall for purposes hereof be deemed to be Protected Accounts), commingle accounts, or to establish Protected Accounts not conforming to the foregoing requirements, to the extent provided in the related Servicing Agreement, amounts that such other accounts or Protected Accounts are Rating Agency Eligible Accounts. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and the Certificate Insurer and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub-Servicer. The Master Servicer shall itself, or shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of each Servicer to establish and maintain a Protected Account in accordance with the applicable Servicing Agreement, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any Servicer) and all other amounts to be deposited in the Protected Account. The Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the Protected Account shall be held by in a Designated Depository Institution and segregated on the books of such institution in the name of the Trustee for the benefit of Certificateholders. (a) a (b) To the extent provided in the related Servicing Agreement, amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the related Servicer. The related Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall establish and maintain a Protected Account and shall enforce the obligation of each Servicer to establish and maintain a Protected Account servicing account in accordance with the applicable Servicing Agreement, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's own funds (less servicing compensation as permitted by Section 3.16, in the case of the Master Servicer, and by the applicable Servicing Agreement in the case of any Servicer) and all other amounts to be deposited in the Protected Account. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the The Protected Account shall be held by in a Designated Depository Institution and segregated on the books of such institution or a Rating Agency Eligible Account in the name of the Trustee for the benefit of Certificateholders. (b) To The Master Servicer may, and, to the extent provided in the related Servicing Agreement, amounts permit a Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts), commingle accounts, or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer as additional compensation as provided in Section 3.16 of this Agreement or by the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Servicer. The Master Servicer shall itself, or shall cause the related Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the Protected Account (or the Servicer's servicing account) within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall enforce establish and maintain if it is servicing the obligation of Mortgage Loans and shall require each Sub-Servicer to establish and maintain a one or more Protected Account Accounts, in accordance the name of the Trustee, for the benefit of the Certificateholders and the Certificate Insurers, complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the Each Protected Account shall be held a Eligible Account. The amount at any time credited to a Protected Account shall be fully insured by a Designated Depository Institution and segregated on the books FDIC or, to the extent that such uninvested cash balance exceeds the lesser of $100,000 or the limits of such institution insurance, such excess must be transferred to (i) another Protected Account, (ii) the Certificate Account or (iii) invested in the name of the Trustee for the benefit of CertificateholdersPermitted Investments. (b) To the extent provided in the related Servicing Agreement, amounts Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in into the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub-Servicer. The Master Servicer shall, itself, or cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit a Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Eligible Accounts.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Net Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution in institution. The amount at any time credited to a Protected Account shall be fully insured by the name FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate subaccount of the Trustee for the benefit of Certificateholders. (b) To the extent provided in Certificate Account or the related Servicing Agreement, amounts Custody Account or invested in Permitted Investments. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Custody Account or Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub- Servicer. The Master Servicer shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit the related Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts.

Protected Accounts. (a) The Each Master Servicer shall enforce the obligation of each Servicer to establish and maintain a one or more Protected Account in accordance Accounts complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, two Business Days after receipt all collections of principal and interest on with respect to any Mortgage Loan and with respect to any REO Property received by such Master Servicer, or a sub-servicer engaged by such Master Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, Proceeds and advances made from the Master Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.11(a)) and together with all other amounts to be deposited in the Protected AccountAccounts. The Each Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts maintained by it for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution institution. The amount at any time credited to a Protected Account shall be fully insured by the FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the Certificate Account or invested in Permitted Investments or may be deposited in a Rating Agency Eligible Account in the name of the Trustee for the benefit of Certificateholders. (b) To the extent provided in the related Servicing Agreement, amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Certificate Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraphnext sentence, not commingled with any other funds. Such Permitted Investments Each Master Servicer may transfer funds to other accounts (which shall mature, or shall for purposes hereof be subject to redemption or withdrawal, no later than the date on which such funds are required deemed to be withdrawn for deposit in the Master Servicer Collection AccountProtected Accounts), and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid commingle accounts or establish Protected Accounts not conforming to the related Servicer under the applicable Servicing Agreementforegoing requirements, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the related Servicer. The related Servicer (to the extent provided in that such other accounts or Protected Accounts meet the Servicing Agreement) shall deposit requirements of each of the amount Rating Agencies for the maintenance of any such loss in the ratings on the Bonds. The Protected Account within two Business Days Accounts established by BAFSB may contain funds that belong to one or more trust funds created for mortgage pass-through certificates of receipt other series and may contain other funds respecting payments on mortgage loans owned or serviced by BAFSB on behalf of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.others; provided,

Protected Accounts. (a) The Master Servicer shall establish and maintain if it is servicing the Mortgage Loans and shall enforce the obligation of each Servicer to establish and maintain a Protected Account servicing account in accordance with the applicable Servicing AgreementAgreement complying with the requirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's own funds (less servicing compensation as permitted by Section 3.16, in the case of the Master Servicer, and by the applicable Servicing Agreement in the case of any Servicer) and all other amounts to be deposited in the related Protected Account. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution or a Rating Agency Eligible Account in the name of the Trustee for the benefit of Certificateholders. The Master Servicer may, and the Master Servicer may permit a Servicer to, transfer funds to other accounts (b) To which shall for purposes hereof be deemed to be Protected Accounts), commingle accounts, or to establish Protected Accounts not conforming to the foregoing requirements, to the extent provided in the related Servicing Agreement, amounts that such other accounts or Protected Accounts are Rating Agency Eligible Accounts. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer as additional compensation as provided in Section 3.16 of this Agreement or by the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Servicer. The Master Servicer shall itself, or shall cause the related Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of each the Servicer under the Servicing Agreement to establish and maintain a Protected Account in accordance with the applicable Servicing Agreement, with records to be kept with respect thereto on a Mortgage Loan HELOC by Mortgage Loan HELOC basis, into which accounts account shall be deposited within 48 hours two (2) Business Days (or as of such other time specified in the related Servicing Agreement) of receipt, all collections of principal and interest on any Mortgage Loan HELOC and any REO Property received by a the Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, Subsequent Recoveries, and advances made from the Servicer's ’s own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerAgreement) and all other amounts to be deposited in the related Protected Account. Each Protected Account shall be an Eligible Account. The Servicer is hereby authorized under the Servicing Agreement to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this the Servicing Agreement. To the extent provided in the related Servicing Agreement, the Protected Account shall be held by a Designated Depository Institution and segregated on the books of such institution in the name of the Indenture Trustee for the benefit of Certificateholdersthe Noteholders. (b) To the extent provided in the related Servicing Agreement, amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such Permitted Investments shall mature, or shall be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the related Servicer. The related Servicer (to the extent provided set forth in the Servicing Agreement, the Servicer will establish and maintain one or more custodial accounts (referred to herein as “Protected Accounts”) shall into which it will deposit the amount of any daily or at such loss other time as specified in the Servicing Agreement, all collections of principal and interest on any HELOCs, including principal prepayments, Insurance Proceeds, Liquidation Proceeds, Recoveries and Subsequent Recoveries, less the applicable servicing fee, and net monthly rental income from Mortgage Properties in accordance with the Servicing Agreement. All Protected Account within two Business Days Accounts and amounts at any time credited thereto shall comply with the requirements of receipt the Servicing Agreement and shall meet the requirements of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholdersrating agencies.

Protected Accounts. (a) The Master Servicer shall enforce the obligation of require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 24 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution in institution. The amount at any time credited to a Protected Account shall be fully insured by the name FDIC or, to the extent that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the appropriate subaccount of the Trustee for the benefit of Certificateholders. (b) To the extent provided in Certificate Account or the related Servicing Agreement, amounts Custody Account or invested in Permitted Investments. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Custody Account or Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub- Servicer. The Master Servicer shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit the related Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts.

Protected Accounts. (a) The Master Servicer shall enforce establish and maintain if it is servicing the obligation of Mortgage Loans and shall require each Sub-Servicer to establish and maintain a Protected Account in accordance complying with the applicable Servicing Agreementrequirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as 2 Business Days of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Sub-Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by the applicable Servicing Agreement in the case of any ServicerSubsection 3.14(a)) and all other amounts to be deposited in the Protected AccountAccounts. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account Accounts for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution in institution. The amount at any time credited to a Protected Account shall be fully insured by the name of the Trustee for the benefit of Certificateholders. (b) To FDIC or, to the extent provided that such balance exceeds the lesser of $100,000 or the limits of such insurance, such excess must be transferred to the Certificate Account or invested in Permitted Investments or may be deposited in a Rating Agency Eligible Account including an account at the related Servicing Agreement, amounts Federal Home Loan Bank of Atlanta. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andInvestments, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer or the related Sub-Servicer as additional compensation for its obligations under the applicable Servicing this Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub- Servicer. The Master Servicer shall itself, or shall cause the related Sub-Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders. The Master Servicer may, and the Master Servicer may permit a Sub-Servicer to, transfer funds to other accounts (which shall for purposes hereof be deemed to be Protected Accounts) or to establish Protected Accounts not conforming to the foregoing requirements, to the extent that such other accounts or Protected Accounts are Rating Agency Eligible Accounts.

Protected Accounts. (a) The Master Servicer shall establish and maintain a Protected Account and shall enforce the obligation of each Servicer to establish and maintain a Protected Account separate servicing account in accordance with the applicable Servicing AgreementAgreement complying with the requirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Servicer's own funds (less servicing compensation as permitted by Section 3.16, in the case of the Master Servicer, and by the applicable Servicing Agreement in the case of any Servicer) and all other amounts to be deposited in the related Protected Account. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution or a Rating Agency Eligible Account in the name of the Trustee for the benefit of Certificateholders. The Master Servicer may, and the Master Servicer may permit a Servicer to, transfer funds to other accounts (b) To which shall for purposes hereof be deemed to be Protected Accounts), commingle accounts, or to establish Protected Accounts not conforming to the foregoing requirements, to the extent provided in the related Servicing Agreement, amounts that such other accounts or Protected Accounts are Rating Agency Eligible Accounts. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders and, except as provided in the preceding paragraph, not commingled with any other funds. Such , such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer as additional compensation as provided in Section 3.16 of this Agreement or by the related Servicer under the applicable Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Servicer. The Master Servicer shall itself, or shall cause the related Servicer (to the extent provided in the Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.

Protected Accounts. (a) The Master Servicer shall establish and maintain a Protected Account and shall enforce the obligation of each Sub-Servicer to establish and maintain a Protected Account separate servicing account in accordance with the applicable Sub-Servicing AgreementAgreement complying with the requirements set forth in this Section 4.01, with records to be kept with respect thereto on a Mortgage Loan by Mortgage Loan basis, into which accounts shall be deposited within 48 hours (or as 2 days of such other time specified in the related Servicing Agreement) of receipt, receipt all collections of principal and interest on any Mortgage Loan and with respect to any REO Property received by the Master Servicer, or a Servicer, including Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, and advances made from the Sub-Servicer's own funds (less servicing compensation as permitted by Section 3.16, in the case of the Master Servicer, and by the applicable Sub-Servicing Agreement in the case of any Sub-Servicer) and all other amounts to be deposited in the related Protected Account. The Master Servicer is hereby authorized to make withdrawals from and deposits to the related Protected Account for purposes required or permitted by this Agreement. To the extent provided in the related Servicing Agreement, the All Protected Account Accounts shall be held by in a Designated Depository Institution and segregated on the books of such institution or a Rating Agency Eligible Account in the name of the Trustee for the benefit of Certificateholders. (b) To the extent provided Amounts on deposit in the related Servicing Agreement, amounts a Protected Account may not be commingled with any other funds. Amounts on deposit in a Protected Account may be invested in Permitted Investments in the name of the Trustee for the benefit of Certificateholders andCertificateholders, except as provided in the preceding paragraph, not commingled with any other funds. Such such Permitted Investments shall to mature, or shall to be subject to redemption or withdrawal, no later than the date on which such funds are required to be withdrawn for deposit in into the Master Servicer Collection Certificate Account, and shall be held until required for such deposit. The income earned from Permitted Investments made pursuant to this Section 4.01 shall be paid to the Master Servicer as additional compensation as provided in Section 3.16 of this Agreement or by the related Sub-Servicer under the applicable Sub-Servicing Agreement, and the risk of loss of moneys required to be distributed to the Certificateholders resulting from such investments shall be borne by and be the risk of the Master Servicer or the related Sub-Servicer. The Master Servicer shall itself, or shall cause the related Sub-Servicer (to the extent provided in the Sub-Servicing Agreement) shall to, deposit the amount of any such loss in the related Protected Account within two Business Days of receipt of notification of such loss but not later than the second Business Day prior to the Distribution Date on which the moneys so invested are required to be distributed to the Certificateholders.