Common use of Successor Servicers Clause in Contracts

Successor Servicers. 30 (d) Liability of the Master Servicer...............................................................30 (e) No Contractual Relationship Between Subservicers and the Trustees..............................30 (f) Rights of the Depositor and the Trustees in Respect of the Master Servicer.....................30 (g) Trustee to Act as Master Servicer..............................................................31 (h) Collection of Mortgage Loan Payments; Collection Accounts; Payment Account.....................31 (i) Collection of Taxes, Assessments and Similar Items; Escrow Accounts............................34 (j) Access to Certain Documentation and Information Regarding the Mortgage Loans...................34 (k) Permitted Withdrawals from the Note Account....................................................35 (l) Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.....................36 (m) Enforcement of Due-On-Sale Clauses; Assumption Agreements......................................38 (n) Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................39 (o) Access to Certain Documentation................................................................42 (p) Annual Statement as to Compliance..............................................................42 (q) Annual Independent Public Accountants' Servicing Statement; Financial Statements...............42 (r) Errors and Omissions Insurance; Fidelity Bonds.................................................43 (s) Master Servicer Monthly Data...................................................................43

Successor Servicers. 30 35 (d) Liability of the Master Servicer...............................................................30 ...........................................................36 (e) No Contractual Relationship Between Subservicers and the Trustees..............................30 ..........................36 (f) Rights of the Depositor [________] and the Trustees in Respect of the Master Servicer.....................30 ....................36 (g) Trustee to Act as Master Servicer..............................................................31 ..........................................................37 (h) Collection of Mortgage Loan Payments; Collection Accounts; Payment Account.....................31 ............................................................................37 (i) Collection of Taxes, Assessments and Similar Items; Escrow Accounts............................34 ........................40 (j) Access to Certain Documentation and Information Regarding the Mortgage Loans...................34 .........................................................................40 (k) Permitted Withdrawals from the Note Account....................................................35 ................................................41 (l) Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.....................36 ..................................................42 (m) Enforcement of Due-On-Sale Clauses; Assumption Agreements......................................38 ..................................43 (n) Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................39 ...........45 (o) Access to Certain Documentation................................................................42 ............................................................47 (p) Annual Statement as to Compliance..............................................................42 ..........................................................47 (q) Annual Independent Public Accountants' Servicing Accountants'Servicing Statement; Financial Statements...............42 .......................................................................48 (r) Errors and Omissions Insurance; Fidelity Bonds.................................................43 .............................................48 (s) Master Servicer Monthly Data...................................................................43...............................................................49 4. Advances.............................................................................................49 5.

Successor Servicers. 30 (d) III-2 Section 3.04. Liability of the Master Servicer...............................................................30 (e) Servicer .....................III-3 Section 3.05. No Contractual Relationship Between Subservicers Servicers and the Trustees..............................30 (f) Trustee ..........................................III-3 Section 3.06. Rights of the Depositor and the Trustees Trustee in Respect of the Master Servicer.....................30 (g) Servicer ...............................III-3 Section 3.07. Trustee to Act as Master Servicer..............................................................31 (h) Servicer ....................III-3 Section 3.08. Collection of Mortgage Loan Payments; Collection Servicing Accounts; Payment Collection Account.....................31 (i) ; Certificate Account; Distribution Account .................................III-4 Section 3.09. Collection of Taxes, Assessments and Similar Items; Escrow Accounts............................34 (j) Accounts ......................................III-7 Section 3.10. Access to Certain Documentation and Information Regarding the Mortgage Loans...................34 (k) Loans ........................III-8 Section 3.11. Permitted Withdrawals from the Note Account....................................................35 (l) Certificate Account and the Distribution Account ........................III-9 Section 3.12. Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.....................36 (m) Policies .........................III-10 Section 3.13. Enforcement of Due-On-Sale Clauses; Assumption Agreements......................................38 (n) Agreements .........................................III-12 Section 3.14. Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................39 (o) Access Loans ...............III-13 Section 3.15. Trustee to Certain Documentation................................................................42 (p) Cooperate; Release of Mortgage Files ....III-15 Section 3.16. Documents, Records and Funds in Possession of the Master Servicer to be Held for the Trustee .........III-16 Section 3.17. Servicing Compensation .............................III-16 Section 3.18. Annual Statement as to Compliance..............................................................42 (q) Compliance ..................III-17 Section 3.19. Annual Independent Public Accountants' Servicing Statement; Financial Statements...............42 (r) Statements ...................III-18 Section 3.20. Errors and Omissions Insurance; Fidelity Bonds.................................................43 (s) Master Servicer Bonds ....III-18 ARTICLE IV DISTRIBUTIONS AND ADVANCES BY THE MASTER SERVICER Section 4.01. Advances ............................................IV-1 Section 4.02. Priorities of Distribution ..........................IV-1 Section 4.03. [Reserved] ..........................................IV-5 Section 4.04. [Reserved] ..........................................IV-5 Section 4.05. Allocation of Realized Losses .......................IV-5 Section 4.06. Monthly Data...................................................................43Statements to Certificateholders ...........IV-6 Section 4.07. Determination of Pass-Through Rates for COFI Certificates ...............................IV-8 Section 4.08. Determination of Pass-Through Rates for LIBOR Certificates .......................................IV-10 ARTICLE V THE CERTIFICATES Section 5.01. The Certificates ....................................V-1 Section 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates ............................V-1 Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates ...V-6 Section 5.04. Persons Deemed Owners ...............................V-6 Section 5.05. Access to List of Certificateholders' Names and Addresses .......................................V-6 Section 5.06. Maintenance of Office or Agency .....................V-6

Successor Servicers. 30 (d) Liability of the Master Servicer..............................................................................................30 (e) No Contractual Relationship Between Subservicers and the Trustees.........................................................................30 (f) Rights of the Depositor and the Trustees in Respect of the Master Servicer.....................30 ............................31 (g) Trustee to Act as Master Servicer............................................................................................31 (h) Collection of Mortgage Loan Payments; Collection Accounts; Payment Account......................................................31 (i) Collection of Taxes, Assessments and Similar Items; Escrow Accounts.................................................................34 (j) Access to Certain Documentation and Information Regarding the Mortgage Loans...................34 ..............................35 (k) Permitted Withdrawals from the Note Account........................................................................35 (l) Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.....................36 ................................37 (m) Enforcement of Due-On-Sale Clauses; Assumption Agreements.......................................................................................38 (n) Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................39 ......................40 (o) Access to Certain Documentation................................................................................................42 (p) Annual Statement as to Compliance............................................................................................42 (q) Annual Independent Public Accountants' Servicing Statement; Financial Statements...............42 ...........................43 (r) Errors and Omissions Insurance; Fidelity Bonds..................................................................43 (s) Master Servicer Monthly Data...................................................................43...................................43 4. Advances.................................................................44 5.

Successor Servicers. 30 48 (d) Liability of the Master Servicer...............................................................30 ............................................ 48 (e) No Contractual Relationship Between Subservicers Servicers and the Trustees..............................30 Trustee..................................................................... 49 (f) Rights of the Depositor and the Trustees Trustee in Respect of the Master Servicer.....................30 ......................................................... 49 (g) Trustee to Act as Master Servicer..............................................................31 ........................................... 49 (h) Collection of Mortgage Loan Payments; Collection Accounts; Payment Account.....................31 ................................................... 50 (i) Collection of Taxes, Assessments and Similar Items; Escrow Accounts............................34 ...................................................... 53 (j) Access to Certain Documentation and Information Regarding the Mortgage Loans...................34 ................................................ 54 (k) Permitted Withdrawals from the Note Account....................................................35 ................................. 54 (l) Maintenance of Hazard Insurance; Maintenance of Primary Insurance Policies.....................36 .................................................. 56 (m) Enforcement of Due-On-Sale Clauses; Assumption Agreements......................................38 .................................................................. 58 (n) Realization Upon Defaulted Mortgage Loans; Repurchase of Certain Mortgage Loans................39 ................................................... 60 (o) Access to Certain Documentation................................................................42 ............................................. 63 (p) Annual Statement as to Compliance..............................................................42 ........................................... 64 (q) Annual Independent Public Accountants' Servicing Statement; Financial Statements...............42 ............................................. 64 (r) Errors and Omissions Insurance; Fidelity Bonds.................................................43 .............................. 65 (s) Master Servicer Monthly Data...................................................................43................................................ 65 4. Advances........................................................................... 65 TABLE OF CONTENTS (CONT'D)