Common use of Master Servicer Collection Account Clause in Contracts

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 2013-4 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 20132012-4 5 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 2013-4 3 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 20132012-4 3 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 2013-4 1 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 2013-4 2 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 2013-4 6 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts:

Master Servicer Collection Account. (i) On or prior to January 1, 2014, the Master Servicer shall establish and maintain an Eligible Account entitled “Master Servicer Collection Account of Christiana Trust, a division of Wilmington Savings Fund Society, FSB, as Trustee for the benefit of Sequoia Mortgage Trust 20132012-4 6 Holders of Mortgage Pass-Through Certificates.” The Master Servicer shall hold the Master Servicer Collection Account and all money and other property therein in trust for the benefit of the Certificateholders. The Master Servicer shall, promptly upon receipt from the Servicers on each Servicer Remittance Date, deposit into the Master Servicer Collection Account and retain on deposit therein until the related Master Servicer Remittance Date the following amounts: