Common use of Modification Agreements Clause in Contracts

Modification Agreements. 12 Section 3.06 Trust Estate; Related Documents..........................12 Section 3.07 Realization Upon Defaulted Loans; Loss Mitigation........13 Section 3.08 Issuer and Indenture Trustee to Cooperate................15 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 Section 3.10 Annual Statement as to Compliance........................16 Section 3.11 Annual Servicing Report..................................17 Section 3.12 Access to Certain Documentation and Information Regarding the Loans......................................17 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 Section 3.15 Optional Purchase of Loans by Servicer...................18 ARTICLE IV

Modification Agreements. 12 11 Section 3.06 Trust Estate; Related Documents..........................................................12 Section 3.07 Realization Upon upon Defaulted Mortgage Loans; Loss Mitigation..............................13 Section 3.08 Issuer Company and Indenture Trustee to Cooperate................15 .....................14 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 .......................................................15 Section 3.10 Annual Statement as to Compliance........................16 ..............................15 Section 3.11 Annual Servicing Report..................................17 ........................................16 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 .............................................16 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ............16 Section 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 ..........................................16 Section 3.15 Optional Purchase Repurchase of Loans by Servicer...................18 ARTICLE IVDefaulted Mortgage Loans................17

Modification Agreements. 12 11 Section 3.06 Trust Estate; Related Documents.................................................................................12 Section 3.07 Realization Upon upon Defaulted Mortgage Loans; Loss Mitigation.....................................................13 Section 3.08 Issuer Company and Indenture Trustee to Cooperate................15 ............................................14 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 .......................15 Section 3.10 Annual Statement as to Compliance........................16 .....................................................15 Section 3.11 Annual Servicing Report..................................17 ...............................................................16 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ....................................................................16 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ...................................16 Section 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 ....................16 Section 3.15 Optional Purchase Repurchase of Loans by Servicer...................18 ARTICLE IVDefaulted Mortgage Loans.......................................17

Modification Agreements. 12 14 Section 3.06 Trust Estate; Related Documents..........................12 ........................14 Section 3.07 Realization Upon Defaulted Mortgage Loans; Loss Mitigation........13 ..............15 Section 3.08 Issuer and Indenture Trustee to Cooperate................15 ..............16 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 ...................................17 Section 3.10 Annual Statement as to Compliance........................16 ......................18 Section 3.11 Annual Servicing Report..................................17 ................................18 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ...........................18 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ....19 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 .....................19 Section 3.15 Optional Purchase Repurchase or Transfer of Loans by Servicer...................18 ARTICLE IVMortgage Loans......19

Modification Agreements. 12 11 Section 3.06 3.06. Trust Estate; Related Documents..........................12 .............................11 Section 3.07 3.07. Realization Upon Defaulted Mortgage Loans; Loss Mitigation........13 ...................12 Section 3.08 Issuer 3.08. Company and Indenture Trustee to Cooperate................15 ..................14 Section 3.09 3.09. Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 .................................................15 Section 3.10 3.10. Annual Statement as to Compliance........................16 ...........................15 Section 3.11 3.11. Annual Servicing Report..................................17 .....................................16 Section 3.12 3.12. Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ................................16 Section 3.13 3.13. Maintenance of Certain Servicing Insurance Policies......17 .........16 Section 3.14 3.14. Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property.................................................................................17 Section 3.15 3.15. Optional Purchase Repurchase of Loans by Servicer...................18 ARTICLE IVDefaulted Mortgage Loans.............17

Modification Agreements. 12 14 Section 3.06 Trust Estate; Related Documents..........................12 ...................................14 Section 3.07 Realization Upon Defaulted Mortgage Loans; Loss Mitigation........13 .........................15 Section 3.08 Issuer and Indenture Trustee to Cooperate................15 .........................16 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 ..........................................................17 Section 3.10 Annual Statement as to Compliance........................16 .................................18 Section 3.11 Annual Servicing Report..................................17 ...........................................18 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ................................................18 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ...............19 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 ..........................................................19 Section 3.15 Optional Purchase Repurchase or Transfer of Loans by Servicer...................18 ARTICLE IVMortgage Loans.................19 Section 3.16 Reserved..........................................................21

Modification Agreements. 12 11 Section 3.06 Trust Estate; Related Documents.........................................................12 Section 3.07 Realization Upon upon Defaulted Mortgage Loans; Loss Mitigation.............................13 Section 3.08 Issuer Company and Indenture Trustee to Cooperate................15 ....................14 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 ......................................................15 Section 3.10 Annual Statement as to Compliance........................16 .............................15 Section 3.11 Annual Servicing Report..................................17 .......................................16 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ............................................16 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ...........16 Section 3.14 Information Required by the Internal Revenue Service Generally and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 .........................................16 Section 3.15 Optional Purchase Repurchase of Loans by Servicer...................18 ARTICLE IVDefaulted Mortgage Loans...............17

Modification Agreements. 12 14 Section 3.06 Trust Estate; Related Documents..........................12 ..................................14 Section 3.07 Realization Upon Defaulted Mortgage Loans; Loss Mitigation........13 ........................15 Section 3.08 Issuer and Indenture Trustee to Cooperate................15 ........................17 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 .........................................................18 Section 3.10 Annual Statement as to Compliance........................16 ................................18 Section 3.11 Annual Servicing Report..................................17 ..........................................18 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ...............................................19 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ..............19 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 .........................................................19 Section 3.15 Optional Purchase Repurchase or Transfer of Loans by Servicer...................18 ARTICLE IVMortgage Loans................19

Modification Agreements. 12 Section 3.06 Trust Estate; Related Documents.............................................12 Section 3.07 Realization Upon Defaulted Mortgage Loans; Loss Mitigation.................13 Section 3.08 Issuer and Indenture Trustee to Cooperate.........................15 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer............................................................................16 Section 3.10 Annual Statement as to Compliance.........................................16 Section 3.11 Annual Servicing Report..................................17 ...........................16 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans................................................17 Section 3.13 Maintenance of Certain Servicing Insurance Policies......................................17 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................................17 Section 3.15 Optional Purchase Repurchase of Loans by Servicer...................Mortgage Loans.............18 ARTICLE IVSection 3.16

Modification Agreements. 12 13 Section 3.06 3.07 Trust Estate; Related Documents..........................12 Section 3.07 Realization Upon Defaulted Loans; Loss Mitigation........13 ................................14 Section 3.08 Realization upon Defaulted Mortgage Loans......................14 Section 3.09 Management and Sale of REO Property............................15 Section 3.10 Issuer and Indenture Trustee to Cooperate......................................15 Section 3.09 Servicing 3.11 Compensation; Payment of Certain Expenses by Servicer..............................................Expenses......................16 Section 3.10 3.12 Annual Statement as to Compliance........................16 ..............................17 Section 3.11 3.13 Annual Servicing Report..........................................................................17 Section 3.12 3.14 Access to Certain Documentation and Information Regarding the Mortgage Loans........................................................................17 Section 3.13 3.15 Maintenance of Certain Servicing Insurance Policies..................17 Section 3.14 3.16 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 ..........................................18 Section 3.15 Optional Purchase 3.17 Assignments; Recordings of Loans by Servicer...................Assignments.........................18 ARTICLE IVSection 3.18 [Reserved].....................................................19 -i- TABLE OF CONTENTS (Continued) Page

Modification Agreements. 12 14 Section 3.06 Trust Estate; Related Documents..........................12 .......................................14 Section 3.07 Realization Upon Defaulted Mortgage Loans; Loss Mitigation........13 .............................15 Section 3.08 Issuer and Indenture Trustee to Cooperate................15 .............................16 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer..............................................16 .......17 Section 3.10 Annual Statement as to Compliance........................16 .....................................17 Section 3.11 Annual Servicing Report..................................17 ...............................................18 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans......................................17 ..............................................................18 Section 3.13 Maintenance of Certain Servicing Insurance Policies......17 ...................18 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property.......................................17 ......................19 Section 3.15 Optional Purchase Repurchase or Transfer of Loans by Servicer...................18 ARTICLE IVMortgage Loans.....................19