Common use of Enforcement of Due Clause in Contracts

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION 3.13 Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.16

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................74 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................75 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................77 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................78 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... ..........................................79 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................79 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16...............................................79

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ........................ SECTION 3.10 3.12. Realization Upon Defaulted Mortgage Loans........................................ SECTION 3.13. Title, Management and Disposition of REO Property................................ SECTION 3.14. [Reserved]....................................................................... SECTION 3.15. Reports of Foreclosure and Abandonment of Mortgaged Properties................... SECTION 3.11 3.16. Optional Purchase of Defaulted Mortgage Loans.................................... SECTION 3.17. Trustee to Cooperate; Release of Mortgage Files............. .................................. SECTION 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION 3.13 Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.163.18.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 ................................. 62 Section 3.12. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 ; Determination of Excess Proceeds; Special Loss Mitigation......................................................... 63 -i- TABLE OF CONTENTS (continued) PAGE Section 3.13. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees........................................... 66 Section 3.14. Documents, Trustee Fees Records and Special Servicing Compensation.................................... SECTION 3.13 Reports Funds in Possession of Servicer to be Held for the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.16................................................................................... 67

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... .....................................................................................83 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................84 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................86 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................88 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... ..........................................88 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................88 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16...............................................89

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 ................................................ 66 3.16. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 ................. 67 3.17. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special ........... 69 3.18. Servicing Compensation.................................... SECTION 3.13 70 3.19. Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual ..... 71 3.20. Statement as to Compliance........................... SECTION 3.15 Annual ................................ 71 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16.......... 72 3.22.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 Subordinate Financing; Defeasance...........................................................126 Section 3.09 Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 .......................................130 Section 3.10 Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special .................................133 Section 3.11 Servicing Compensation.................................... SECTION 3.13 Reports to the Trustee; Nonrecoverable Servicing Advances.......................134 Section 3.12 Inspections; Collection Account of Financial Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.16.................................139 -i- Table of Contents (continued)

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................77 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................77 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................80 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................81 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... ..........................................81 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................81 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16...............................................

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................76 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................77 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................79 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................80 SECTION 3.13 3.19. Reports to the TrusteeTrustee and the Trust Administrator; Collection Account Statements....... .............................................................................81 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................81 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... ...............................................81 SECTION 3.163.22.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... Subordinate Financing; Defeasance....................................86 SECTION 3.10 3.09 Realization Upon Defaulted Mortgage Loans................... ........................................89 SECTION 3.11 3.10 Trustee to Cooperate; Release of Mortgage Files............. ..................................92 SECTION 3.11 Servicing Compensation; Nonrecoverable Servicing Advances........................93 SECTION 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... Inspections; Collection of Financial Statements..................................97 SECTION 3.13 Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... ................................................98 SECTION 3.15 Annual 3.14 Reports by Independent Public Accountants' Servicing Report..... ........................................98 SECTION 3.163.15 Access to Certain Information....................................................99

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 .....................................70 3.16. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 .....................................................71 3.17. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special ...............................................73 3.18. Servicing Compensation.................................... SECTION 3.13 ........................................................................74 3.19. Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual .........................................75 3.20. Statement as to Compliance........................... SECTION 3.15 Annual ....................................................................75 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16..............................................75 3.22.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......74 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................75 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................77 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................78 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... ..........79 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................79 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16...............79

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 Agreements ... 69 3.16. Realization Upon Defaulted Mortgage LoansLoans ................... SECTION 3.11 70 3.17. Trustee to Cooperate; Release of Mortgage FilesFiles ............. SECTION 3.12 73 3.18. Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION 3.13 Compensation ...................................... 74 3.19. Reports to the Trustee; Collection Account StatementsStatements ....... SECTION 3.14 Annual 74 3.20. Statement as to Compliance........................... SECTION 3.15 Annual Compliance .................................. 74 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16Report ............ 75 3.22.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION ................................ Section 3.10 Appraisals; Realization Upon Defaulted Mortgage Loans................... SECTION ............................................................ Section 3.11 Trustee to Cooperate; Release of Mortgage Files............. SECTION ................... Section 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION ..................................................... Section 3.13 Reports to the Trustee; Collection Account Statements....... SECTION ....................................................... Section 3.14 Annual Statement as to Compliance........................... SECTION [Reserved]........................................................ Section 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION [Reserved]........................................................ Section 3.16

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 .....................................71 3.16. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 .....................................................72 3.17. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special ...............................................74 3.18. Servicing Compensation.................................... SECTION 3.13 ........................................................................75 3.19. Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual .........................................76 3.20. Statement as to Compliance........................... SECTION 3.15 Annual ....................................................................76 3.21. Independent Public Accountants' Servicing Report..... ..............................................76 SECTION 3.16PAGE ------- ----

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ................................. SECTION 3.10 3.12. Realization Upon Defaulted Mortgage Loans................... ................................................. SECTION 3.11 3.13. Title, Management and Disposition of REO Property......................................... SECTION 3.14. [Reserved]................................................................................ SECTION 3.15. Reports of Foreclosure and Abandonment of Mortgaged Properties............................ SECTION 3.16. Optional Purchase of Defaulted Mortgage Loans............................................. SECTION 3.17. Trustee to Cooperate; Release of Mortgage Files............. ........................................... SECTION 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION 3.13 Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.163.18.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................72 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................73 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................75 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................76 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... ..........................................76 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................77 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16...............................................77

Enforcement of Due. Onon-Sale Clauses; Assumption and Modification Agreements; Defeasance Provisions......................... SECTION 3.10 Certain Assignments................... 75 Section 3.14. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 ...................... 77 Section 3.15. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 ................ 79 Section 3.16. Servicing Fees, Trustee Fees and Special Other Compensation; Eligible Master Servicing Compensation.................................... SECTION 3.13 ......................................... 81 Section 3.17. Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Trustee and the Depositor....................... 82 Section 3.18. Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Compliance and Servicing ReportAssessment..... SECTION 3.1682

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................76 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... ......................................................77 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................79 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... .........................................................................80 SECTION 3.13 3.19. Reports to the TrusteeTrustee and the Trust Administrator; Collection Account Statements....... .....................................................................................81 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... .....................................................................81 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... ...............................................81 SECTION 3.163.22.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... ......................................87 SECTION 3.10 3.12. Realization Upon Defaulted Mortgage Loans................... ......................................................88 SECTION 3.11 3.13. Title, Management and Disposition of REO Property..............................................90 SECTION 3.14. [Reserved].....................................................................................93 SECTION 3.15. Reports of Foreclosure and Abandonment of Mortgaged Properties.................................93 SECTION 3.16. Optional Purchase of Defaulted Mortgage Loans..................................................94 SECTION 3.17. Trustee to Cooperate; Release of Mortgage Files............. ................................................94 SECTION 3.12 Servicing Fees, Trustee Fees and Special Servicing Compensation.................................... SECTION 3.13 Reports to the Trustee; Collection Account Statements....... SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.163.18.

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... .....88 SECTION 3.10 3.16. Realization Upon Defaulted Mortgage Loans................... .....................89 SECTION 3.11 3.17. Trustee to Cooperate; Release of Mortgage Files............. ...............91 SECTION 3.12 Servicing Fees, Trustee Fees and Special 3.18. Servicing Compensation.................................... ........................................92 SECTION 3.13 3.19. Reports to the Trustee; Collection Account Statements....... .........93 SECTION 3.14 Annual 3.20. Statement as to Compliance........................... ....................................93 SECTION 3.15 Annual 3.21. Independent Public Accountants' Servicing Report..... SECTION 3.16..............93

Enforcement of Due. On-Sale Clauses; Assumption Agreements; Defeasance Provisions......................... SECTION 3.10 .....................................75 3.16. Realization Upon Defaulted Mortgage Loans................... SECTION 3.11 .....................................................76 3.17. Trustee to Cooperate; Release of Mortgage Files............. SECTION 3.12 Servicing Fees, Trustee Fees and Special ...............................................79 3.18. Servicing Compensation.................................... SECTION 3.13 ........................................................................80 3.19. Reports to the Trustee; Collection Account Statements....... .........................................80 SECTION 3.14 Annual Statement as to Compliance........................... SECTION 3.15 Annual Independent Public Accountants' Servicing Report..... SECTION 3.16PAGE ------- ----