Acceptance of Mortgage Files. The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the "Mortgage Files") and declares that it holds and will hold the Mortgage Files as agent for the Trustee, in trust, for the use and benefit of all present and future Certificateholders.
Acceptance of Mortgage Files. The Custodian, as the duly appointed custodial agent of the Trustee for these purposes, acknowledges (subject to any exceptions noted in the Initial Certification referred to in Section 2.3(a)), receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the “Mortgage Files”) and declares that it holds and will hold such Mortgage Files as agent for the Trustee, in trust, for the use and benefit of all present and future Certificateholders.
Acceptance of Mortgage Files. The Owner, from time to time, will cause to be delivered to the Custodian on each Delivery Date the Mortgage Files relating to the Mortgage Loans identified on the Mortgage Loan Schedule for such Delivery Date. The Custodian, as the duly appointed agent of the Owner for these purposes, declares that it will hold such Mortgage Files as agent for the Owner, in trust, for the use and benefit of the Owner and its assigns. The Custodian acknowledges that the Owner intends to sell the Mortgage Loans to the Depositor, and the Depositor intends assign the Mortgage Loans to the Trustee, on the Closing Date, and the Custodian agrees that it will hold the Mortgage Files as agent for the Trustee, in trust for the use and benefit of all present and future Certificateholders, upon receipt of written notice from a Servicing Officer of such sale and assignment.
Acceptance of Mortgage Files. The parties hereto acknowledge that, on the Closing Date, Bank One Trust Company, N.A. ("Bank One") has possession of the Mortgage Files. On the Closing Date, Bank One will issue a trust receipt to the Trustee, with copies to each of the Seller and the Servicer, certifying that it possesses the Mortgage Note relating to each Mortgage Loan. The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges that it will hold the Mortgage Notes, the Related Documents, the assignments and other documents required to be delivered by the Seller to the Custodian pursuant to Section 2.01(a) of the Agreement and relating to the Mortgage Loans identified on Schedule I hereto and declares that it will hold such Mortgage Notes, Related Documents, assignments and other documents and any similar documents received by the Trustee subsequent to the date hereof (the "Mortgage Files") as agent for the Trustee, in trust, for the benefit of all present and future Certificateholders. The Custodian agrees to execute the Initial Certification and the Final Certification described in Section 2.02 and set forth on Exhibits O and P of the Agreement. The Custodian, at the request of the Trustee, shall furnish to the Trustee an electronic file describing all outstanding exceptions to the items to be delivered to the Seller.
Acceptance of Mortgage Files. The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges receipt of the Mortgage Notes, the Related Documents, the assignments and other documents required to be delivered by the Seller to the Custodian pursuant to Section 2.01(b) of the Agreement and relating to the Mortgage Loans identified on Schedule I hereto and declares that it holds and will hold such Mortgage Notes, Related Documents, assignments and other documents and any similar documents received by the Trustee subsequent to the date hereof (the "Mortgage Files") as agent for the Trustee, in trust, for the benefit of all present and future Certificateholders. The Custodian agrees to execute the Initial Certification and the Final Certification described in Sections 2.02 and set forth on Exhibits O and P of the Agreement.
Acceptance of Mortgage Files. The Custodian acknowledges (subject to any exceptions noted in the Initial Certification referred to in Section 2.4(1)) receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the "Mortgage Loan Schedule") and declares that it holds and will hold such Mortgage Files as agent of, and for the benefit of, the Trustee.
Acceptance of Mortgage Files. The Owner, from time to time, will cause to be delivered to the Custodian on each Delivery Date the Mortgage Files relating to the Mortgage Loans identified on the Mortgage Loan Schedule for such Delivery Date. The Custodian, as the duly appointed agent of the Owner for these purposes, declares that it will hold such Mortgage Files as agent for the Owner, in trust, for the use and benefit of the Owner and its assigns. The Custodian
Acceptance of Mortgage Files. The Custodian, as the duly appointed agent and bailee of the Trustee for these purposes, acknowledges receipt as of the Delivery Date of the following documents pertaining to each of the Mortgage Loans identified on Schedule I hereto:
Acceptance of Mortgage Files. The parties hereto acknowledge that, on the Closing Date, Bankers Trust Company of California, N.A. ("
Acceptance of Mortgage Files. The Custodian, as the duly appointed agent of the Trustee for these purposes, acknowledges (subject to any exceptions noted in the Initial Certification referred to in Section 2.3(a) receipt of the Mortgage Files relating to the Mortgage Loans identified on the schedule attached hereto (the "Mortgage Files") and declares that it holds and will hold such Mortgage Files as agent for the Trustee, in trust, for the use and benefit of all present and future Certificateholders and MBIA Insurance Corporation.
