Common use of Records and Servicing Account Moneys Clause in Contracts

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Documents released to the Servicer pursuant to Section 3.13(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset is paid in full, with respect to such Mortgage Asset, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets at the Servicer's principal service office in Tampa, Florida, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage Assets, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage Assets, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets to the party which will be assuming responsibility for such servicing.

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Documents released to the Servicer pursuant to Section 3.13(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets Loans and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset Loan is paid in full, with respect to such Mortgage AssetLoan, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets Loans at the Servicer's principal service office in TampaFt. Worth, FloridaTexas, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage AssetsLoans, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage AssetsLoans, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets Loans to the party which will be assuming responsibility for such servicing.

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Account Documents released to the Servicer pursuant to Section 3.13(c3.14(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets Accounts and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset an Account is paid in full, with respect to such Mortgage AssetAccount, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets Accounts at the Servicer's principal service office in Tampa, Florida, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets Accounts to the party which will be assuming responsibility for such servicing.

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Account Documents released to the Servicer pursuant to Section 3.13(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets Accounts and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset an Account is paid in full, with respect to such Mortgage AssetAccount, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets Accounts at the Servicer's principal service office in Tampa, Florida, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets Accounts to the party which will be assuming responsibility for such servicing.

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Documents released to the Servicer pursuant to Section 3.13(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets Accounts and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset an Account is paid in full, with respect to such Mortgage AssetAccount, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets Accounts at the Servicer's principal service office in Tampa, Florida, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets Accounts to the party which will be assuming responsibility for such servicing.

Records and Servicing Account Moneys. (a) The Servicer agrees to act as agent and bailee of the Indenture Trustee in holding any Mortgage Asset Account Documents released to the Servicer pursuant to Section 3.13(c) of the Indenture, and any other items constituting a part of the Trust Estate that from time to time come into the possession of the Servicer. The Servicer agrees, for the benefit of the Indenture Trustee and the Noteholders, to act as such agent and bailee, and to hold and deal with such Mortgage Assets Accounts and such items, as agent and bailee for the Indenture Trustee, in accordance with the provisions of this Agreement and the Indenture. (b) The Servicer shall for a period of four years following termination of this Agreement or from the time a Mortgage Asset an Account is paid in full, with respect to such Mortgage AssetAccount, retain all data relating directly to or maintained in connection with the servicing of the Mortgage Assets Accounts at the Servicer's principal service office in Tampa, FloridaNorth Carolina, or at such other place where the servicing offices of the Servicer are located, and shall give the Indenture Trustee access to all data at all reasonable times, and, while an Event of Default shall be continuing, the Servicer shall, on demand of the Indenture Trustee or the Successor Servicer, deliver to the Indenture Trustee or the Successor Servicer, as the case may be, all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from Obligors and not previously deposited in the Holding Account or the Servicing Account. If the rights of the Servicer shall have been terminated in accordance with Section 5.01 or if this Agreement shall have been terminated pursuant to Section 7.01(b), the Servicer shall, upon demand of the Indenture Trustee, the Successor Servicer or the Noteholders in the case of Section 5.01, or of the successor to the rights of the Issuer in the case of Section 7.01(b), deliver to the Successor Servicer all data necessary for the servicing of the Mortgage AssetsAccounts, provide the Indenture Trustee and the Successor Servicer with the information called for by Section 2.07(b) concerning all moneys in the Holding Account and deliver to the Indenture Trustee all moneys in each Servicing Account and all other moneys collected by it from obligors and not previously deposited in the Holding Account or the Servicing Account. In addition to delivering such data and moneys the Servicer shall use its reasonable best efforts to effect the orderly and efficient transfer of the servicing of the Mortgage Assets Accounts to the party which will be assuming responsibility for such servicing.