Common use of CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES Clause in Contracts

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................ II-1 Section 2.02 Acceptance by Custodian................................................................. II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller.................... II-6 Section 2.04 Execution and Delivery of Certificates.................................................. II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................... III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................................... III-2 Section 3.03 Advances by Master Servicer and Trustee................................................. III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files........................................................... III-5 Section 3.05 Reports to the Trustee; Annual Compliance Statements.................................... III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.............................. III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................. III-7 Section 3.08 Oversight of Servicing.................................................................. III-8 Section 3.09 Termination and Substitution of Servicing Agreements.................................... III-11 Section 3.10 Application of Net Liquidation Proceeds................................................. III-12 Section 3.11 Act Reports............................................................................. III-12

Appears in 1 contract

Samples: Custodial Agreement (Wells Fargo Asset Securities Corp)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................ ................................................II-1 Section 2.02 Acceptance by Custodian................................................................. .....................................................II-4 Section 2.03 Representations and Warranties of the Master Servicer and the Seller.................... ........II-6 Section 2.04 Execution and Delivery of Certificates.................................................. .....................................II-12 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. ..................................................II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 ....................................II-13 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................... ........................................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................................... .........................III-2 Section 3.03 Advances by Master Servicer and Trustee................................................. ....................................III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files........................................................... ...............III-5 Section 3.05 Reports to the Trustee; Annual Compliance Statements.................................... .......................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.............................. .................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................. .....................................................III-7 Section 3.08 Oversight of Servicing.................................................................. .....................................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements.................................... ......................III-11 Section 3.10 Application of Net Liquidation Proceeds................................................. ...................................III-12 Section 3.11 Act Reports............................................................................. ...............................................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................ ...............................II-1 Section 2.02 Acceptance by Custodian................................................................. II-4 Trust Administrator..........................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller.................... II-6 ...........................................II-3 Section 2.04 Execution and Delivery of Certificates.................................................. II-12 ....................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 .............II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................... .......................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................................... ........III-2 Section 3.03 Advances by Master Servicer and Trustee................................................. III-3 Trust Administrator.......III-4 Section 3.04 Custodian Trust Administrator to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Mortgage-Loan Files........................................................... .....................................III-5 Section 3.05 Reports to the TrusteeTrustee and Trust Administrator; Annual Compliance Statements.................................... ............................III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Mortgage-Loan.............................. ...........................................III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................. ..................................III-7 Section 3.08 Oversight of Servicing.................................................................. ....................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements.................................... .....III-11 Section 3.10 Application of Net Liquidation Proceeds................................................. ..................III-12 Section 3.11 1934 Act Reports............................................................................. .........................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Sec Corp Mort Pass THR Cert Ser 1999-11 Trust)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................ ................................II-1 Section 2.02 Acceptance by Custodian................................................................. II-4 Trust Administrator...........................II-2 Section 2.03 Representations and Warranties of the Master Servicer and the Seller.................... II-6 .............................................II-3 Section 2.04 Execution and Delivery of Certificates.................................................. II-12 .....................II-10 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. II-12 .........................II-10 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 ....................II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................... ........................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................................... .........III-2 Section 3.03 Advances by Master Servicer and Trustee................................................. Trust Administrator........III-3 Section 3.04 Custodian Trust Administrator to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files........................................................... ......................III-5 Section 3.05 Reports to the TrusteeTrustee and the Trust Administrator; Annual Compliance Statements.................................... ............................. III-6 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.............................. .III-7 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................. .......................III-7 Section 3.08 Oversight of Servicing.................................................................. .....................................III-8 Section 3.09 Termination and Substitution of Servicing Agreements.................................... ......III-11 Section 3.10 Application of Net Liquidation Proceeds................................................. ...................III-12 Section 3.11 Act Reports............................................................................. ...............................................III-12

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Asset Sec Corp Mor Pass THR Ceert Ser 2001-6)

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CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans............................................................ ..................................II-1 Section 2.02 Acceptance by Custodian................................................................. II-4 .......................................II-5 Section 2.03 Representations and Warranties of the Master Servicer and the Seller.................... Depositor............................................II-6 Section 2.04 Execution and Delivery of Certificates.................................................. II-12 .......................II-14 Section 2.05 Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 .......................II-15 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; SERVICING OF THE MORTGAGE LOANS Section 3.01 Certificate Account..................................................................... ..........................................III-1 Section 3.02 Permitted Withdrawals from the Certificate Account...................................... ...........III-2 Section 3.03 Advances by Master Servicer and Trustee................................................. ......................III-3 Section 3.04 Custodian to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files........................................................... III-5 ......................III-4 Section 3.05 Reports to the Trustee; Annual Compliance Statements.................................... III-6 .................................III-5 Section 3.06 Title, Management and Disposition of Any REO Mortgage Loan.............................. III-7 ........................................................III-6 Section 3.07 Amendments to Servicing Agreements, Modification of Standard Provisions................. III-7 .........................III-6 Section 3.08 Oversight of Servicing.................................................................. III-8 .......................................III-7 Section 3.09 Termination and Substitution of Servicing Agreements.................................... III-11 ........III-10 Section 3.10 Application of Net Liquidation Proceeds................................................. .....................III-12 Section 3.11 Assessment of Servicing Compliance; Registered Public Accounting Firm Attestation Reports........................III-12 Section 3.12 Exchange Act Reports............................................................................. III-12........................................III-14 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa4 Trust)

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF THE CERTIFICATES. Section 2.01 2.01. Conveyance of Mortgage Loans............................................................ ...............................II-1 Section 2.02 2.02. Acceptance by Custodian................................................................. II-4 Trustee......................................II-2 Section 2.03 2.03. Representations and Warranties of the Master Servicer and the Seller.................... II-6 ...........................II-3 Section 2.04 2.04. Execution and Delivery of Certificates.................................................. II-12 .....................II-10 Section 2.05 2.05. Designation of Certificates; Designation of Startup Day and Latest Possible Maturity Date................................................................. II-12 Section 2.06 Optional Substitution of Mortgage Loans................................................. II-12 ............II-10 ARTICLE III ADMINISTRATION OF THE TRUST ESTATE; : SERVICING OF THE MORTGAGE LOANS Section 3.01 3.01. Certificate Account..................................................................... ........................................III-1 Section 3.02 3.02. Permitted Withdrawals from the Certificate Account...................................... .........III-2 Section 3.03 3.03. Advances by Master Servicer and Trustee................................................. ........................................III-3 Section 3.04 Custodian 3.04. Trustee to Cooperate; Release of Owner Mortgage Loan Files and Retained Mortgage Loan Files........................................................... III-5 ...............................................III-4 Section 3.05 3.05. Reports to the Trustee; Annual Compliance Statements.................................... III-6 .......III-5 Section 3.06 3.06. Title, Management and Disposition of Any REO Mortgage Loan.............................. III-7 ............................................III-6 Section 3.07 3.07. Amendments to Servicing AgreementsAgreement, Modification of Standard Provisions................. ...................................III-7 Section 3.08 3.08. Oversight of Servicing.................................................................. III-8 .....................................III-7 Section 3.09 3.09. Termination and Substitution of Servicing Agreements.................................... III-11 Agreement........III-10 Section 3.10 Application of Net Liquidation Proceeds................................................. III-12 Section 3.11 3.10. 1934 Act Reports............................................................................. III-12...........................................III-11 ARTICLE IV

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Norwest Asset Securities Corp Mor Pas Th Cert Ser 1997-11 Tr)

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