Common use of Permitted Instruments Clause in Contracts

Permitted Instruments. 41 SECTION 3.13. Maintenance of Primary Mortgage Insurance and Primary Hazard Insurance..............41 SECTION 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15. Realization Upon Defaulted Mortgage Loans...........................................44 SECTION 3.16. Trustee to Cooperate; Release of Mortgage Files.....................................44

Appears in 1 contract

Sources: Pooling and Servicing Agreement (American Home Mortgage Assets LLC)

Permitted Instruments. 41 SECTION 3.13. Maintenance of Primary Mortgage Insurance and Primary Hazard Insurance..........................................41 SECTION 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements.....................................................................43 SECTION 3.15. Realization Upon Defaulted Mortgage Loans......................................................44 SECTION 3.16. Trustee to Cooperate; Release of Mortgage Files.....................................44.....45 3.17.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (WMC Secured Assets Corp)

Permitted Instruments. 40 Section 3.09. Primary Insurance Policies.............................. 41 SECTION 3.13Section 3.10. Maintenance of Primary Mortgage Hazard Insurance and Primary Hazard Insurance..............41 SECTION 3.14Errors and Omissions and Fidelity Coverage................................... 42 Section 3.11. Enforcement of Due-onOn-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15...................... 42 Section 3.12. Realization Upon Defaulted Mortgage Loans.......................................................... 44 SECTION 3.16Section 3.13. Trustee Owner to Cooperate; Release of Mortgage Files.....................................44........... 45 Section 3.14. REO Property............................................ 45 -i- TABLE OF CONTENTS (continued)

Appears in 1 contract

Sources: Sale and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar3)

Permitted Instruments. 41 SECTION 3.13. 15 Section 3.09 Primary Insurance Policies..........................................................16 Section 3.10 Maintenance of Primary Mortgage Hazard Insurance and Primary Hazard Insurance..............41 SECTION 3.14. Errors and Omissions and Fidelity Coverage............................................................................16 Section 3.11 Enforcement of Due-onOn-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15. ..................................................17 Section 3.12 Realization Upon Defaulted Mortgage Loans...........................................44 SECTION 3.16. Trustee to Cooperate; 19 Section 3.13 Release of Mortgage Files.....................................44...........................................................19 Section 3.14 [Reserved]..........................................................................20

Appears in 1 contract

Sources: Interim Servicing Agreement (Luminent Mortgage Trust 2006-6)

Permitted Instruments. 41 SECTION 3.13. 40 3.13 Maintenance of Primary Mortgage Insurance and Primary Hazard Insurance..............41 SECTION 3.14. Insurance ................................................... 40 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15. Agreements ... 41 3.15 Realization Upon Defaulted Mortgage Loans...........................................44 SECTION 3.16. Loans ................... 42 3.16 Trustee to Cooperate; Release of Mortgage Files.....................................44Files ............. 43

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Option One Mortgage Acceptance Corp)

Permitted Instruments. 41 SECTION 3.1339 Section 3.09. Primary Insurance Policies.............................. 40 Section 3.10. Maintenance of Primary Mortgage Hazard Insurance and Primary Hazard Insurance..............41 SECTION 3.14Errors and Omissions and Fidelity Coverage......................... 40 Section 3.11. Enforcement of Due-onOn-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15...................... 41 Section 3.12. Realization Upon Defaulted Mortgage Loans...........................................44 SECTION 3.16............... 43 Section 3.13. Trustee Owner to Cooperate; : Release of Mortgage Files.....................................44........... 44 Section 3.14. Annual Reports to the Owner............................. 45 Section 3.15.

Appears in 1 contract

Sources: Assignment, Assumption and Recognition Agreement (HSI Asset Loan Obligation Trust 2007-Ar1)

Permitted Instruments. 41 SECTION 3.13. Maintenance of Primary Mortgage Insurance and Primary Hazard Insurance................................................................................41 SECTION 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15. Realization Upon Defaulted Mortgage Loans...........................................44 SECTION 3.16. Trustee to Cooperate; Release of Mortgage Files.....................................44..................43

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Homestar Mortgage Acceptance Corp)

Permitted Instruments. 41 41- SECTION 3.13. Maintenance of Primary Mortgage Insurance and Primary Hazard Insurance..............41 ............................................-41- SECTION 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements...........................43 ...-43- SECTION 3.15. Realization Upon Defaulted Mortgage Loans...........................................44 ...................-44- SECTION 3.16. Trustee to Cooperate; Release of Mortgage Files.....................................44.............-45- SECTION 3.17. Servicing Compensation......................................-46- SECTION 3.18. Maintenance of Certain Servicing Policies...................-46-

Appears in 1 contract

Sources: Pooling and Servicing Agreement (American Home Mortgage Securities LLC)

Permitted Instruments. 40 Section 3.09. Primary Insurance Policies............................ 41 SECTION 3.13Section 3.10. Maintenance of Primary Mortgage Hazard Insurance and Primary Hazard Insurance..............41 SECTION 3.14Errors and Omissions and Fidelity Coverage....................... 42 Section 3.11. Enforcement of Due-onOn-Sale Clauses; Assumption Agreements...........................43 SECTION 3.15.................... 42 Section 3.12. Realization Upon Defaulted Mortgage Loans........................................................ 44 SECTION 3.16Section 3.13. Trustee Owner to Cooperate; Release of Mortgage Files.....................................44......... 45 Section 3.14.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar4)