Section 4 04 Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.......................................................65 Section 4.05 Allocation of Realized Losses.........................................66 Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66 Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................67 Section 4.08 Surety Bond...........................................................67
Section 7 11(a) of the Credit Agreement is hereby amended to read as follows:
Section 3 Trustee's Good Faith Action, Expert Advice, No Bond or Surety................................... 15 Section 4. Insurance..................................................... 15
Section 6 03. Limitation on Liability of the Depositor, the Seller, the Master Servicer and Others......................................................................................1 SECTION 6.04. Limitation on Resignation of Master Servicer................................................2
Section 3A 03. NET WAC CAP ACCOUNT.....................................................51
Section 4.5 7 The President of the Association and designated representatives may be provided time off without loss 8 of pay to a maximum of ten (10) days per year to attend local, regional or State meetings when the 9 purpose of those meetings is in the best interest of the District as determined by the District 10 administration.
Section 5 Power of Board of Trustees to Change Provisions Relating to Shares............................. 4 Section 6. Establishment and Designation of Shares..................... 4 (a) Assets Held with Respect to a Particular Series............... 4 (b) Liabilities Held with Respect to a Particular Series........................................... 5 (c) Dividends, Distributions, Redemptions, and Repurchases................................................. 5 (d) Voting........................................................ 6 (e) Equality...................................................... 6 (f) Fractions..................................................... 6 (g)
Section 4.3 18 The Association reserves and retains the right to delegate any right or duty contained herein to 19 appropriate officials of the Public School Employees of Washington State Organization.
Section 8 16 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Section 2 14 Payments Generally; Pro Rata Treatment; Sharing of Setoffs............................................... 51 SECTION 2.15 Taxes.................................................... 53 SECTION 2.16 Mitigation Obligations; Replacement of Lenders........... 54 SECTION 2.17