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Common use of Responsibility for Costs Clause in Contracts

Responsibility for Costs. The Servicer is responsible for collection from such Borrower of any recording or similar costs or expenses incidental to the granting of relief with respect to a delinquent Mortgage Loan.

Appears in 77 contracts

Sources: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar5 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-3 Trust)

Related Clauses

  • Responsibility for Content
  • Responsibility for Charges
  • Responsibility for Use
  • Responsibility for Damages
  • Responsibility for Damage

Parent Clauses

  • Relief of Borrowers
  • Borrower Bankruptcy
  • Miscellaneous Provisions
  • Delegation of Duties
  • Collection and Servicing Practices

Sub-Clauses

  • Entire agreement
  • Non-participating Items
  • Costs Resulting from Errors or Omissions
  • Final Payment
  • GMP Batches
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