Common use of Servicer May Own Notes or Certificates Clause in Contracts

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Documents. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Transaction Documents. Except as set forth herein or in the other Basic Transaction Documents, Notes and or Certificates so owned by or pledged to the Servicer or such Affiliate shall will have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and or Certificates, as applicable.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Transaction Documents. Except as set forth herein or in the other Basic Transaction Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Certificates, except as specifically provided for in the Transaction Documents.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and CertificatesCertificates of the same class.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or SALE AND SERVICING AGREEMENT 31 Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Documents. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Certificates.. 19 SALE AND SERVICING AGREEMENT

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Documents. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without 47 52 preference, priority or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Documents. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Certificates.. Sale and Servicing Agreement 2007-1

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the 36 SALE AND SERVICING AGREEMENT 41 owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, 36 SALE AND SERVICING AGREEMENT Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates.Certificates of the same class. 9045475 05134611 30 2005-1 Sale and Servicing Agreement

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes Notes[ or Certificates Certificates] with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Transaction Documents. Except as set forth herein or in the other Basic Transaction Documents, Notes and Certificates Notes[ or Certificates] so owned by or pledged to the Servicer or such Affiliate shall will have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Notes[ or Certificates, as applicable].

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other Basic Documents. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Notes and Certificates.. 77

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the any other Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes of the same Class and the Certificates.

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the other any Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates.Certificates of the same class. 31 2002-1 Sale and Servicing Agreement

Servicer May Own Notes or Certificates. The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of Notes or Certificates with the same rights as it would have if it were not the Servicer or an Affiliate thereof, except as otherwise expressly provided herein or in the any other Basic DocumentsDocument. Except as set forth herein or in the other Basic Documents, Notes and Certificates so owned by or pledged to the Servicer or any such Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and CertificatesCertificates of the same class.