{"component": "clause", "props": {"groups": [{"size": 613, "snippet_links": [{"key": "best-efforts", "type": "clause", "offset": [27, 39]}, {"key": "contained-in", "type": "definition", "offset": [79, 91]}, {"key": "assumption-by", "type": "clause", "offset": [134, 147]}, {"key": "property-has", "type": "definition", "offset": [181, 193]}, {"key": "absolute-conveyance", "type": "clause", "offset": [233, 252]}, {"key": "contract-of-sale", "type": "definition", "offset": [259, 275]}, {"key": "the-mortgagor", "type": "clause", "offset": [296, 309]}, {"key": "the-mortgage-note", "type": "definition", "offset": [345, 362]}, {"key": "provided-that", "type": "clause", "offset": [364, 377]}, {"key": "business-judgment", "type": "clause", "offset": [408, 425]}, {"key": "mortgage-loan-is", "type": "definition", "offset": [467, 483]}, {"key": "best-interests", "type": "definition", "offset": [491, 505]}, {"key": "of-the-owner", "type": "clause", "offset": [506, 518]}, {"key": "notice-of", "type": "clause", "offset": [537, 546]}, {"key": "such-determination", "type": "definition", "offset": [547, 565]}, {"key": "by-the-owner", "type": "clause", "offset": [622, 634]}, {"key": "to-the-extent", "type": "clause", "offset": [720, 733]}, {"key": "knowledge-of", "type": "clause", "offset": [741, 753]}, {"key": "in-accordance-with", "type": "definition", "offset": [803, 821]}, {"key": "such-mortgage-loan", "type": "definition", "offset": [896, 914]}, {"key": "such-rights", "type": "definition", "offset": [1173, 1184]}, {"key": "prohibited-by-law", "type": "clause", "offset": [1188, 1205]}, {"key": "exercise-of", "type": "clause", "offset": [1230, 1241]}, {"key": "lpmi-policy", "type": "definition", "offset": [1334, 1345]}, {"key": "reasonably-believes", "type": "definition", "offset": [1371, 1390]}, {"key": "applicable-law", "type": "clause", "offset": [1410, 1424]}, {"key": "pursuant-to-the", "type": "clause", "offset": [1503, 1518]}, {"key": "modification-agreement", "type": "clause", "offset": [1592, 1614]}, {"key": "the-original", "type": "definition", "offset": [1745, 1757]}, {"key": "in-the-event-the", "type": "clause", "offset": [1799, 1815]}, {"key": "the-primary", "type": "clause", "offset": [1975, 1986]}, {"key": "mortgage-guaranty-insurer", "type": "definition", "offset": [1987, 2012]}, {"key": "liability-agreement", "type": "definition", "offset": [2032, 2051]}, {"key": "underwriting-criteria", "type": "clause", "offset": [2362, 2383]}, {"key": "credit-risk-rating", "type": "clause", "offset": [2410, 2428]}, {"key": "at-least-equal-to", "type": "definition", "offset": [2429, 2446]}, {"key": "in-all-respects", "type": "clause", "offset": [2524, 2539]}, {"key": "the-requirements", "type": "clause", "offset": [2543, 2559]}, {"key": "representations-and-warranties-of", "type": "clause", "offset": [2561, 2594]}, {"key": "this-agreement", "type": "clause", "offset": [2595, 2609]}, {"key": "notify-the", "type": "clause", "offset": [2630, 2640]}, {"key": "substitution-agreement", "type": "definition", "offset": [2675, 2697]}, {"key": "by-forwarding", "type": "clause", "offset": [2720, 2733]}, {"key": "original-copy", "type": "clause", "offset": [2751, 2764]}, {"key": "mortgage-file", "type": "definition", "offset": [2826, 2839]}, {"key": "all-purposes", "type": "definition", "offset": [2950, 2962]}, {"key": "to-the-same-extent", "type": "definition", "offset": [3005, 3023]}, {"key": "other-documents-and-instruments", "type": "clause", "offset": [3031, 3062]}, {"key": "responsible-for", "type": "clause", "offset": [3114, 3129]}, {"key": "in-connection-with", "type": "clause", "offset": [3188, 3206]}, {"key": "loan-shall", "type": "definition", "offset": [3298, 3308]}, {"key": "in-effect", "type": "definition", "offset": [3344, 3353]}, {"key": "the-assumption", "type": "clause", "offset": [3375, 3389]}, {"key": "mortgage-interest-rate", "type": "definition", "offset": [3411, 3433]}, {"key": "stated-maturity", "type": "clause", "offset": [3439, 3454]}, {"key": "outstanding-principal-amount", "type": "definition", "offset": [3462, 3490]}, {"key": "principal-or-interest", "type": "clause", "offset": [3577, 3598]}, {"key": "assumption-fee", "type": "definition", "offset": [3628, 3642]}, {"key": "by-the-servicer", "type": "clause", "offset": [3653, 3668]}, {"key": "entering-into", "type": "clause", "offset": [3673, 3686]}, {"key": "assumption-agreement", "type": "clause", "offset": [3690, 3710]}, {"key": "additional-servicing-compensation", "type": "definition", "offset": [3748, 3781]}, {"key": "term-of-the", "type": "clause", "offset": [3898, 3909]}], "samples": [{"hash": "jUWnhZKiEAe", "uri": "/contracts/jUWnhZKiEAe#transfers-of-mortgaged-property", "label": "Master Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-11h)", "score": 19.0, "published": true}, {"hash": "l5QRuf2f7jM", "uri": "/contracts/l5QRuf2f7jM#transfers-of-mortgaged-property", "label": "Master Servicing Agreement (Structured Asset Securities Corp Mort Pass Thru Ser 2004-5h)", "score": 18.0, "published": true}, {"hash": "krgg5HjBFQi", "uri": "/contracts/krgg5HjBFQi#transfers-of-mortgaged-property", "label": "Master Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Certs Series 2003-7h)", "score": 18.0, "published": true}], "snippet": "The Servicer shall use its best efforts to enforce any \"due-on-sale\" provision contained in any Mortgage or Mortgage Note and to deny assumption by the person to whom the Mortgaged Property has been or is about to be sold whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains liable on the Mortgage and the Mortgage Note; provided that, if in the Servicer's prudent business judgment, it determines that an assumption of the Mortgage Loan is in the best interests of the Owner, it shall deliver notice of such determination to the Owner and may permit such assumption if approved by the Owner. When the Mortgaged Property has been conveyed by the Mortgagor, the Servicer shall, to the extent it has knowledge of such conveyance or the Owner's consent otherwise in accordance with the preceding sentence, exercise its rights to accelerate the maturity of such Mortgage Loan under the \"due-on-sale\" clause applicable thereto, provided, however, that the Servicer shall not be required to take such action if the Servicer, in its prudent business judgment, believes it is not in the best interests of the Owner and shall not exercise such rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related PMI Policy or LPMI Policy, if any. If the Servicer reasonably believes it is unable under applicable law to enforce such \"due-on-sale\" clause or if the Owner approves such assumption pursuant to the preceding paragraph, the Servicer shall enter into (i) an assumption and modification agreement with the person to whom such property has been conveyed, pursuant to which such person becomes liable under the Mortgage Note and the original Mortgagor remains liable thereon or (ii) in the event the Servicer is unable under applicable law to require that the original Mortgagor remain liable under the Mortgage Note and the Servicer has the prior consent of the primary mortgage guaranty insurer, a substitution of liability agreement with the Owner of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the Owner of the Mortgaged Property is substituted as Mortgagor and becomes liable under the Mortgage Note; provided that no such substitutions should be permitted unless such person satisfies the underwriting criteria of the Servicer and has a credit risk rating at least equal to that of the original Mortgagor. The Mortgage Loan, as assumed, shall conform in all respects to the requirements, representations and warranties of this Agreement. The Servicer shall notify the Owner that any such assumption or substitution agreement has been contemplated by forwarding to the Owner the original copy of such assumption or substitution agreement (indicating the Mortgage File to which it relates) which copy shall be added by the Owner to the related Mortgage File and which shall, for all purposes, be considered part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof. The Servicer shall be responsible for recording any such assumption or substitution agreements. In connection with any such assumption or substitution agreement, the Monthly Payment on the related Mortgage Loan shall not be changed but shall remain as in effect immediately prior to the assumption or substitution, the Mortgage Interest Rate, the stated maturity or the outstanding principal amount of such Mortgage Loan shall not be changed nor shall any required monthly payments of principal or interest be deferred or forgiven. Any assumption fee collected by the Servicer for entering into an assumption agreement shall be retained by the Servicer as additional servicing compensation. In connection with any such assumption, neither the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan nor the outstanding principal amount of the Mortgage Loan shall be changed.", "hash": "bcaac4684b3bcfaa552508e1c5bf2fb8", "id": 1}, {"size": 548, "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "best-efforts", "type": "clause", "offset": [26, 38]}, {"key": "contained-in", "type": "definition", "offset": [78, 90]}, {"key": "assumption-by", "type": "clause", "offset": [133, 146]}, {"key": "property-has", "type": "definition", "offset": [180, 192]}, {"key": "absolute-conveyance", "type": "clause", "offset": [232, 251]}, {"key": "contract-of-sale", "type": "definition", "offset": [258, 274]}, {"key": "the-mortgagor", "type": "clause", "offset": [295, 308]}, {"key": "the-mortgage-note", "type": "definition", "offset": [344, 361]}, {"key": "to-the-extent", "type": "clause", "offset": [446, 459]}, {"key": "knowledge-of", "type": "clause", "offset": [467, 479]}, {"key": "such-mortgage-loan", "type": "definition", "offset": [547, 565]}, {"key": "such-rights", "type": "definition", "offset": [672, 683]}, {"key": "prohibited-by-law", "type": "clause", "offset": [687, 704]}, {"key": "exercise-of", "type": "clause", "offset": [729, 740]}, {"key": "pmi-policy", "type": "definition", "offset": [819, 829]}, {"key": "reasonably-believes", "type": "definition", "offset": [854, 873]}, {"key": "applicable-law", "type": "clause", "offset": [893, 907]}, {"key": "modification-agreement", "type": "clause", "offset": [997, 1019]}, {"key": "pursuant-to", "type": "definition", "offset": [1077, 1088]}, {"key": "the-original", "type": "definition", "offset": [1150, 1162]}, {"key": "in-the-event-the", "type": "clause", "offset": [1204, 1220]}, {"key": "the-company-has", "type": "definition", "offset": [1341, 1356]}, {"key": "the-primary", "type": "clause", "offset": [1378, 1389]}, {"key": "mortgage-guaranty-insurer", "type": "definition", "offset": [1390, 1415]}, {"key": "liability-agreement", "type": "definition", "offset": [1435, 1454]}, {"key": "and-the-purchaser", "type": "clause", "offset": [1568, 1585]}, {"key": "assumption-fee", "type": "definition", "offset": [1690, 1704]}, {"key": "by-the-company-for", "type": "clause", "offset": [1718, 1736]}, {"key": "entering-into", "type": "clause", "offset": [1737, 1750]}, {"key": "assumption-agreement", "type": "clause", "offset": [1754, 1774]}, {"key": "the-fee", "type": "clause", "offset": [1775, 1782]}, {"key": "additional-servicing-compensation", "type": "definition", "offset": [1818, 1851]}, {"key": "in-connection-with", "type": "clause", "offset": [1853, 1871]}, {"key": "mortgage-interest-rate", "type": "definition", "offset": [1905, 1927]}, {"key": "related-mortgage", "type": "definition", "offset": [1941, 1957]}, {"key": "the-mortgage-loan", "type": "definition", "offset": [1976, 1993]}, {"key": "outstanding-principal-amount", "type": "definition", "offset": [1999, 2027]}, {"key": "other-material-terms", "type": "clause", "offset": [2057, 2077]}, {"key": "mortgage-loan-is", "type": "definition", "offset": [2147, 2163]}, {"key": "credit-worthiness", "type": "definition", "offset": [2221, 2238]}, {"key": "proposed-transferee", "type": "definition", "offset": [2246, 2265]}, {"key": "underwriting-criteria", "type": "clause", "offset": [2285, 2306]}, {"key": "with-respect-to", "type": "clause", "offset": [2374, 2389]}, {"key": "mortgage-loans", "type": "clause", "offset": [2403, 2417]}, {"key": "does-not-meet", "type": "definition", "offset": [2509, 2522]}], "samples": [{"hash": "zVENgmNYlT", "uri": "/contracts/zVENgmNYlT#transfers-of-mortgaged-property", "label": "Seller's Warranties and Servicing Agreement (Merrill Lynch Mortgage Backed Securities Trust, Series 2007-3)", "score": 18.0, "published": true}, {"hash": "kk6W57S5EXM", "uri": "/contracts/kk6W57S5EXM#transfers-of-mortgaged-property", "label": "Seller's Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-1ar)", "score": 18.0, "published": true}, {"hash": "kDD7jT5SQWT", "uri": "/contracts/kDD7jT5SQWT#transfers-of-mortgaged-property", "label": "Seller's Warranties and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-8ar)", "score": 18.0, "published": true}], "snippet": "The Company shall use its best efforts to enforce any \"due-on-sale\" provision contained in any Mortgage or Mortgage Note and to deny assumption by the Person to whom the Mortgaged Property has been or is about to be sold whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains liable on the Mortgage and the Mortgage Note. When the Mortgaged Property has been conveyed by the Mortgagor, the Company shall, to the extent it has knowledge of such conveyance, exercise its rights to accelerate the maturity of such Mortgage Loan under the \"due-on-sale\" clause applicable thereto, provided, however, that the Company shall not exercise such rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related PMI Policy, if any. If the Company reasonably believes it is unable under applicable law to enforce such \"due-on-sale\" clause, the Company shall enter into (i) an assumption and modification agreement with the Person to whom such property has been conveyed, pursuant to which such Person becomes liable under the Mortgage Note and the original Mortgagor remains liable thereon or (ii) in the event the Company is unable under applicable law to require that the original Mortgagor remain liable under the Mortgage Note and the Company has the prior consent of the primary mortgage guaranty insurer, a substitution of liability agreement with the purchaser of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the purchaser of the Mortgaged Property is substituted as Mortgagor and becomes liable under the Mortgage Note. If an assumption fee is collected by the Company for entering into an assumption agreement the fee will be retained by the Company as additional servicing compensation. In connection with any such assumption, neither the Mortgage Interest Rate borne by the related Mortgage Note, the term of the Mortgage Loan, the outstanding principal amount of the Mortgage Loan nor any other material terms shall be changed without Purchaser's consent. To the extent that any Mortgage Loan is assumable, the Company shall inquire diligently into the credit worthiness of the proposed transferee, and shall use the underwriting criteria for approving the credit of the proposed transferee which are used with respect to underwriting mortgage loans of the same type as the Mortgage Loan. If the credit worthiness of the proposed transferee does not meet such underwriting criteria, the Company diligently shall, to the extent permitted by the Mortgage or the Mortgage Note and by applicable law, accelerate the maturity of the Mortgage Loan.", "hash": "07387f2494bcaccbffaaf1ce189f0f0e", "id": 2}, {"size": 163, "snippet_links": [{"key": "satisfaction-of-mortgages-and-release-of-mortgage-files", "type": "clause", "offset": [16, 71]}], "samples": [{"hash": "leCKxnxwqDm", "uri": "/contracts/leCKxnxwqDm#transfers-of-mortgaged-property", "label": "Correspondent Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)", "score": 18.0, "published": true}, {"hash": "lRl8DgE2LJk", "uri": "/contracts/lRl8DgE2LJk#transfers-of-mortgaged-property", "label": "Correspondent Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)", "score": 18.0, "published": true}, {"hash": "j6JZCpanamB", "uri": "/contracts/j6JZCpanamB#transfers-of-mortgaged-property", "label": "Correspondent Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-20)", "score": 18.0, "published": true}], "snippet": "36 Section 6.02 Satisfaction of Mortgages and Release of Mortgage Files......................................37 Section 6.03", "hash": "25a70b1219658dbd1c9e59513658d69e", "id": 3}, {"size": 32, "snippet_links": [{"key": "the-servicer", "type": "definition", "offset": [0, 12]}, {"key": "contained-in", "type": "definition", "offset": [55, 67]}, {"key": "assumption-by", "type": "clause", "offset": [110, 123]}, {"key": "property-has", "type": "definition", "offset": [157, 169]}, {"key": "absolute-conveyance", "type": "clause", "offset": [209, 228]}, {"key": "contract-of-sale", "type": "definition", "offset": [235, 251]}, {"key": "the-mortgagor", "type": "clause", "offset": [272, 285]}, {"key": "the-mortgage-note", "type": "definition", "offset": [321, 338]}, {"key": "provided-that", "type": "clause", "offset": [340, 353]}, {"key": "not-enforceable", "type": "clause", "offset": [414, 429]}, {"key": "to-exercise", "type": "clause", "offset": [460, 471]}, {"key": "mortgage-loan-is", "type": "definition", "offset": [543, 559]}, {"key": "best-interests", "type": "definition", "offset": [567, 581]}, {"key": "of-the-owner", "type": "clause", "offset": [582, 594]}, {"key": "the-primary", "type": "clause", "offset": [630, 641]}, {"key": "mortgage-guaranty-insurer", "type": "definition", "offset": [642, 667]}, {"key": "if-applicable", "type": "clause", "offset": [669, 682]}, {"key": "conveyance-of-the-property", "type": "clause", "offset": [696, 722]}, {"key": "notice-to-the-owner", "type": "clause", "offset": [811, 830]}], "samples": [{"hash": "jofGGTSreRr", "uri": "/contracts/jofGGTSreRr#transfers-of-mortgaged-property", "label": "Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)", "score": 18.0, "published": true}, {"hash": "bsb8JBLFrM9", "uri": "/contracts/bsb8JBLFrM9#transfers-of-mortgaged-property", "label": "Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-1xs)", "score": 18.0, "published": true}, {"hash": "bPhLtpf46uN", "uri": "/contracts/bPhLtpf46uN#transfers-of-mortgaged-property", "label": "Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-13arx)", "score": 18.0, "published": true}], "snippet": "The Servicer shall enforce any \"due-on-sale\" provision contained in any Mortgage or Mortgage Note and to deny assumption by the person to whom the Mortgaged Property has been or is about to be sold whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains liable on the Mortgage and the Mortgage Note; provided that, if the Servicer determines that a due-on-sale provision is not enforceable or that either a decision not to exercise the due-on-sale provision or a decision to permit an assumption of the Mortgage Loan is in the best interests of the Owner, it may, with the prior consent of the primary mortgage guaranty insurer, if applicable, permit such conveyance of the Property without resort to the due-on-sale clause or permit such assumption, as applicable, with notice to the Owner.", "hash": "d0da9a61b26211e146d004aeefbe215c", "id": 4}, {"size": 29, "snippet_links": [{"key": "satisfaction-of-mortgages-and-release-of-mortgage-files", "type": "clause", "offset": [13, 68]}], "samples": [{"hash": "hiwxVAGJDXo", "uri": "/contracts/hiwxVAGJDXo#transfers-of-mortgaged-property", "label": "Pooling and Servicing Agreement (GSAMP Trust 2006-He3)", "score": 18.0, "published": true}, {"hash": "fY19MGyANx", "uri": "/contracts/fY19MGyANx#transfers-of-mortgaged-property", "label": "Pooling and Servicing Agreement (Sabr Trust 2005-Fr2)", "score": 18.0, "published": true}, {"hash": "enYqQN51OyW", "uri": "/contracts/enYqQN51OyW#transfers-of-mortgaged-property", "label": "Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. 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