Common use of ADMINISTRATION AND SERVICING OF THE Clause in Contracts

ADMINISTRATION AND SERVICING OF THE. MORTGAGE LOANS 3.01. Master Servicer to Act as Master Servicer......................................................64 3.02. Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.............................65 3.03. Successor Sub-Servicers........................................................................67 3.04. Liability of the Master Servicer...............................................................67 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.............................................................................67 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee...............................68 3.07. Collection of Certain Mortgage Loan Payments...................................................68 3.08. Sub-Servicing Accounts.........................................................................69 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts.........................69 3.10. Collection Account and Distribution Account....................................................70 3.11. Withdrawals from the Collection Account and Distribution Account...............................72 Section Page ------- ----

ADMINISTRATION AND SERVICING OF THE. MORTGAGE LOANS 3.01. Master Servicer to Act as Master Servicer......................................................64 .............................................63 3.02. Sub-Servicing Agreements Between Master Servicer and Sub-Servicers.................................................65 3.03. Successor Sub-Servicers........................................................................67 ...............................................................66 3.04. Liability of the Master Servicer.....................................................................................................................67 3.05. No Contractual Relationship Between Sub-Servicers and the Trust Administrator, the Trustee or Certificateholders...................................................................................................................67 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee...............................68 Trust Administrator.........................................................................67 3.07. Collection of Certain Mortgage Loan Payments.............................................................................................68 3.08. Sub-Servicing Accounts.........................................................................69 ................................................................68 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts.........................................69 3.10. Collection Account and Distribution Account....................................................70 ...........................................69 3.11. Withdrawals from the Collection Account and Distribution Account.....................................................72 Section Page ------- ----3.12. Investment of Funds in the Interest Coverage Account, the Collection Account and the Distribution Account..................................................74 3.13. [intentionally omitted]...............................................................75 3.14. Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage..............................................................................75 3.15.