Administration and Servicing of the Mortgages. Section 2.01. The Administrator as Primary Servicer. With respect to each PC Pool, subject to Section 7.09 of this Agreement, the Administrator shall service or supervise servicing of the related Mortgages and administer, in accordance with the provisions of the Guide and this Agreement, including interim management of any property acquired through foreclosure or otherwise, all for the benefit of the related Holders. The Administrator shall have full power and authority to do or cause to be done any and all things in connection with such servicing and administration that the Administrator deems necessary or desirable. The Administrator shall seek from the Trustee, as representative of the related Holders, any consents or approvals relating to the control, management and servicing of the Mortgages included in any PC Pool and that are required hereunder.
Administration and Servicing of the Mortgages
