Common use of DEFAULT MANAGEMENT SERVICES Clause in Contracts

DEFAULT MANAGEMENT SERVICES. Section 3.1. Default Management Responsibilities....................19 Section 3.2. Foreclosure............................................19 Section 3.3. Deed in Lieu...........................................19 Section 3.4.

Appears in 1 contract

Sources: Servicing Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)

DEFAULT MANAGEMENT SERVICES. 20 Section 3.1. Default Management Responsibilities....................19 Responsibilities .................................... 20 Section 3.2. Foreclosure............................................19 Foreclosure ............................................................ 20 Section 3.3. Deed in Lieu...........................................19 Lieu ........................................................... 21 Section 3.4.. Priority; Insurance Claims ............................................. 21 Section 3.5. Bankruptcy of Obligor .................................................. 21 ARTICLE IV PROPERTY MANAGEMENT AND DISPOSITION SERVICES ............. ................................... 21 Section 4.1. Property Management and Disposition Responsibilities ................... 21 Section 4.2. Environmental Problems ................................................. 22

Appears in 1 contract

Sources: Residential Flow Interim Servicing and Servicing Rights Purchase Agreement (New Century Financial Corp)

DEFAULT MANAGEMENT SERVICES. 19 Section 3.1. Default Management Responsibilities............................................................................19 Section 3.2. Foreclosure............................................................................................................................19 Section 3.3. Deed in Lieu...........................................19 ...............................................................................20 Section 3.4.. Bankruptcy of Obligor......................................................................20

Appears in 1 contract

Sources: Servicing Agreement (Metropolitan Mortgage & Securities Co Inc)

DEFAULT MANAGEMENT SERVICES. 20 Section 3.1. Default Management Responsibilities....................19 ...............................20 Section 3.2. Foreclosure............................................19 .......................................................20 Section 3.3. Deed in Lieu...........................................19 ......................................................21 Section 3.4.. Bankruptcy of Obligor.............................................22 ARTICLE IV PROPERTY MANAGEMENT AND DISPOSITION SERVICES.............................22 Section 4.1. Property Management and Disposition Responsibilities..............22 Section 4.2. Environmental Problems............................................23

Appears in 1 contract

Sources: Flow Subservicing Agreement (Metropolitan Mortgage & Securities Co Inc)

DEFAULT MANAGEMENT SERVICES. Section 3.1. Default Management Responsibilities............................................19 Section 3.2. Foreclosure............................................................................................19 Section 3.3. Deed in Lieu..........................................................................................19 Section 3.4.

Appears in 1 contract

Sources: Residential Flow Servicing Agreement (Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6)