Common use of Servicing of Mortgage Loans Clause in Contracts

Servicing of Mortgage Loans. The parties hereto agree that, notwithstanding anything to the contrary set forth in any Servicing Agreement, the Company shall service the mortgage loans that are part of the WFHM Pools in accordance with the provisions of the 5792 Servicing Agreement, as amended hereby; provided, however, that the rights and remedies of any party under each other Servicing Agreement (as amended hereby) with respect to the servicing obligations of the Company shall be deemed to apply to the applicable provisions of the 5792 Servicing Agreement, as amended hereby, as if the terms thereof constituted part of such Servicing Agreement.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement, Assignment and Assumption Agreement (Bear Stearns Asset Backed Securities Trust 2003-Sd3), Assignment and Assumption Agreement (Bear Stearns Asset Backed Securities Trust 2003-Sd2)

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Servicing of Mortgage Loans. The parties hereto agree that, notwithstanding anything to the contrary set forth in any Servicing Agreement, the Company shall service the mortgage loans that are part of the WFHM WFB Pools in accordance with the provisions of the 5792 Base Servicing Agreement, as amended hereby; provided, however, that the rights and remedies of any party under each other Servicing Agreement (as amended hereby) with respect to the servicing obligations of the Company shall be deemed to apply to the applicable provisions of the 5792 Base Servicing Agreement, as amended hereby, as if the terms thereof constituted part of such Servicing Agreement.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Bear Stearns Asset Backed Securities Trust 2004-Sd3), Assignment and Assumption Agreement (Bearn Stearns Asset Backed Securities Trust 2004-Sd4)

Servicing of Mortgage Loans. The parties hereto agree that, notwithstanding anything to the contrary set forth in any Servicing Agreement, the Company shall service the mortgage loans that are part of the WFHM Pools in accordance with the provisions of the 5792 June Servicing Agreement, as amended hereby; provided, however, that the rights and remedies of any party under each other Servicing Agreement (as amended hereby) with respect to the servicing obligations of the Company shall be deemed to apply to the applicable provisions of the 5792 June Servicing Agreement, as amended hereby, as if the terms thereof constituted part of such Servicing Agreement.

Appears in 1 contract

Samples: Warranties and Servicing Agreement (Bear Stearns Asset Backed Securities Trust 2003-Sd1)

Servicing of Mortgage Loans. The parties hereto agree that, notwithstanding anything to the contrary set forth in any Servicing Agreement, the Company shall service the mortgage loans that are part of the WFHM Pools in accordance with the provisions of the 5792 6002 Servicing Agreement, as amended hereby; provided, however, that the rights and remedies of any party under each other Servicing Agreement (as amended hereby) with respect to the servicing obligations of the Company shall be deemed to apply to the applicable provisions of the 5792 6002 Servicing Agreement, as amended hereby, as if the terms thereof constituted part of such Servicing Agreement.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Bear Stearns Asset Backed Securities Trust 2004-Sd2)

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Servicing of Mortgage Loans. The parties hereto agree that, notwithstanding anything to the contrary set forth in any Servicing Agreement, the Company shall service the mortgage loans that are part of the WFHM Pools in accordance with the provisions of the 5792 5977 Servicing Agreement, as amended hereby; provided, however, that the rights and remedies of any party under each other Servicing Agreement (as amended hereby) with respect to the servicing obligations of the Company shall be deemed to apply to the applicable provisions of the 5792 5977 Servicing Agreement, as amended hereby, as if the terms thereof constituted part of such Servicing Agreement.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Bear Stearns Asset-Backed Certificates Series 2004-Sd1)

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