Common use of Release for Servicing Clause in Contracts

Release for Servicing. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shall, upon receipt of two copies (or electronic receipt from the Servicer in a form acceptable to the Custodian) of a Request for Release of Documents and receipt in the form annexed hereto as Exhibit 3, release to the Servicer, the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, and the Custodian shall, at the written direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedings. The Servicer shall return to the Custodian the Custodial File when the Servicer’s need therefor in connection with such foreclosure or servicing no longer exists, unless the Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request for Release of Documents and receipt certifying such liquidation in the form annexed hereto as Exhibit 3, the request and receipt submitted pursuant to the first sentence of this Section 7 shall be released by the Custodian to the Servicer.

Release for Servicing. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shall, upon receipt of two copies (or electronic receipt from the Servicer in a form acceptable to the Custodian) of a Request for Release of Documents and receipt in the form annexed hereto as Exhibit EXHIBIT 3, release to the Servicer, the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, and the Custodian shall, at the written direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedingsFile. The Servicer shall return to the Custodian the Custodial File when the Servicer’s 's need therefor in connection with such foreclosure or servicing no longer exists, unless the Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request for Release of Documents and receipt certifying such liquidation in the form annexed hereto as Exhibit EXHIBIT 3, the request and receipt submitted pursuant to the first sentence of this Section 7 shall be released by the Custodian to the Servicer. The Custodian shall, at the written request and expense of any Certificateholder or the Trustee, provide a written report to such Certificateholder or the Trustee of all Mortgage Files released to the Servicer for servicing purposes.

Release for Servicing. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shall, upon receipt of two copies (or electronic receipt from the Servicer in a form acceptable to the Custodian) of a Request for Release of Documents and receipt in the form annexed hereto as Exhibit 3, release to the related Servicer, the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, and the Custodian shall, at the written direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedingsFile. The Each Servicer shall return to the Custodian the Custodial File when the such Servicer’s need therefor in connection with such foreclosure or servicing no longer exists, unless the Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request for Release of Documents and receipt certifying such liquidation in the form annexed hereto as Exhibit 3, the request and receipt submitted pursuant to the first sentence of this Section 7 shall be released by the Custodian to the related Servicer. The Custodian shall, at the written request and expense of any Certificateholder or the Trustee, provide a written report to such Certificateholder or the Trustee of all Mortgage Files released to a Servicer for servicing purposes.

Release for Servicing. i. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shallis hereby authorized, upon receipt of two copies (or electronic written receipt from the Servicer in a form acceptable to the Custodian) Trustee of a Request request for Release release of Documents documents and receipt in the form annexed hereto as Exhibit EXHIBIT 3, to release to the Servicer, Trustee the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, documents set forth in such request and the Custodian shall, at the written direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary receipt to the prosecution of any such proceedingsTrustee. The Servicer Trustee promptly shall return to the Custodian the Custodial File or other such documents when the Servicer’s Trustee's need therefor in connection with such foreclosure or servicing no longer exists, unless the related Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request request for Release release of Documents documents and receipt certifying such liquidation from the Trustee to the Custodian in the form annexed hereto as Exhibit EXHIBIT 3, the Trustee's request and receipt submitted pursuant to the first sentence of this Section 7 8 shall be released by the Custodian to the ServicerTrustee.

Release for Servicing. i. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shallis hereby authorized, upon receipt of two copies (or electronic written receipt from the Servicer in a form acceptable to the Custodian) of a Request request for Release release of Documents documents and receipt in the form annexed hereto as Exhibit EXHIBIT 3, to release to the Servicer, Servicer the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, documents set forth in such request and the Custodian shall, at the written direction of receipt to the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedings. The Servicer promptly shall return to the Custodian the Custodial File or other such documents when the Servicer’s 's need therefor in connection with such foreclosure or servicing no longer exists, unless the related Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request request for Release release of Documents documents and receipt certifying such liquidation from the Servicer to the Custodian in the form annexed hereto as Exhibit EXHIBIT 3, the Servicer's request and receipt submitted pursuant to the first sentence of this Section 7 8 shall be released by the Custodian to the Servicer.

Release for Servicing. From time to time and as appropriate for the foreclosure or servicing of any of the Mortgage Loans, the Custodian shall, upon receipt of two copies (or electronic receipt from the Servicer in a form acceptable to the Custodian) of a Request for Release of Documents and receipt in the form annexed hereto as Exhibit 3, release to the Servicer, the related Custodial File or its designee within three Business Days, which, shall be sent by overnight mail, at the expense of the Servicer or the related Mortgagor, and the Custodian shall, at the written direction of the Servicer, execute such documents provided to it by the Servicer as shall be necessary to the prosecution of any such proceedings. The Servicer shall return to the Custodian the Custodial File when the Servicer’s need therefor in connection with such foreclosure or servicing no longer exists, unless the Mortgage Loan shall be liquidated in which case, upon receipt of an additional Request for Release of Documents and receipt certifying such liquidation in the form annexed hereto as Exhibit 3, the request and receipt submitted pursuant to the first sentence of this Section 7 shall be released by the Custodian to the Servicer.