Common use of Servicing Compensation Clause in Contracts

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation consideration for its services hereunderservicing the Mortgage Loans pursuant to this Agreement, the Servicer shall be entitled to withdraw retain the applicable Servicing Fee from the Custodial Account or to retain from interest payments on the Mortgage Loans or to withdraw the amount of its Servicing Fee. The applicable Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those each Mortgage Loans for which payment is in fact made of Loan from the entire amount of the Monthly PaymentCustodial Account pursuant to Section 2.05 hereof. The obligation of the Owner to pay pay, and the Servicer’s right to withdraw, the Servicing Fee is limited to, and the Servicing Fee is payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds, to the extent permitted by Section 2.05) of such Monthly Payments Payment collected by the Servicer, or as otherwise provided under Section 2.05. The Servicer shall be entitled to all accrued and unpaid Servicing Fees upon the termination of its servicing of the related Mortgage Loans. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges Ancillary Income shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Paymentreceived. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerPrepayment Interest Shortfall for such Remittance Date relating to the Mortgage Loans. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services activities hereunder, the Servicer shall be entitled to retain or withdraw from the Custodial Certificate Account or an amount equal to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on for each Loan, provided that the basis of the same unpaid principal balance and aggregate Servicing Fee for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and Loans with respect to those Mortgage Loans for which payment is in fact made any Distribution Date shall be reduced (i) by an amount equal to the aggregate of the entire Prepayment Interest Shortfalls, if any, with respect to such Distribution Date, up to the full amount of the Monthly Payment. The obligation of the Owner to pay the aggregate Servicing Fee is limited toFee, and payable solely from(ii) with respect to the first Distribution Date, an amount equal to any amount to be deposited into the interest portion of such Monthly Payments collected Certificate Account by the ServicerSellers pursuant to Section 2.01(a) and not so deposited. Additional servicing compensation in the form of Excess Proceeds, Prepayment Interest Excess, prepayment penalties, assumption fees, to the extent provided in Section 6.01, and late payment charges and all income earned on funds on deposit in the Certificate Account, net of any losses realized from any Permitted Investments made with such funds, shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Certificate Account in accordance with pursuant to Section 4.223.05 hereof. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for hereinin this Agreement.

Servicing Compensation. As compensation for its services activities hereunder, the Servicer shall be entitled to retain or withdraw from the Custodial Certificate Account or an amount equal to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on for each Loan, provided that the basis of the same unpaid principal balance and aggregate Servicing Fee for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and Loans with respect to those Mortgage Loans for which payment is in fact made any Distribution Date shall be reduced (i) by an amount equal to the aggregate of the entire Prepayment Interest Shortfalls, if any, with respect to such Distribution Date, up to the full amount of the Monthly Payment. The obligation of the Owner to pay the aggregate Servicing Fee is limited toFee, and payable solely from(ii) with respect to the first Distribution Date, an amount equal to any amount to be deposited into the interest portion of such Monthly Payments collected Certificate Account by the ServicerSellers pursuant to Section 2.01(a) and not so deposited. Additional servicing compensation in the form of Excess Proceeds, Prepayment Interest Excess, prepayment penalties, assumption fees, to the extent provided in Section 6.01, and late payment charges and all income and gain net of any losses realized from Permitted Investments made with funds on deposit in the Certificate Account shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Certificate Account in accordance with pursuant to Section 4.223.05 hereof. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for hereinin this Agreement.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein; provided , that the Seller shall not be required to make any Nonrecoverable Advance. In the event that the Seller determines that any advance would be a Nonrecoverable Advance, the Seller shall promptly deliver to the Purchaser notification of such determination, accompanied by an officer’s certificate of the Seller setting forth the reason such advance is determined to be nonrecoverable.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its provided for as the Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis in respect of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee for a particular month shall be become payable only at upon the time of and with respect to those Mortgage Loans for which payment is in fact made receipt by the Servicer from the Mortgagor of the entire amount of the full Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion Payment in respect of such Monthly Payments collected by the ServicerMortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.017.01, and late payment charges and other servicer compensation for modifications, short sales as provided in Section 5.01(e), and other shall be retained by the Servicer to the extent not required to be deposited in the Custodial Collection Account. Prepayment Charges In the event that Liquidation Proceeds, Insurance Proceeds and proceeds from any REO Disposition exceeds the Unpaid Principal Balance of such Mortgage Loan plus unpaid interest accrued thereon at a per annum rate equal to the related Remittance Rate, the Servicer shall be the property of the Owner entitled to retain therefrom and shall pay to itself any Servicing Fee, Monthly Advances and Servicing Advances considered to be deposited in the Custodial Account in accordance with Section 4.22accrued but unpaid. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein; provided, that the Seller shall not be required to make any Nonrecoverable Advance. In the event that the Seller determines that any advance would be a Nonrecoverable Advance, the Seller shall promptly deliver to the Purchaser notification of such determination, accompanied by an officer's certificate of the Seller setting forth the reason such advance is determined to be nonrecoverable.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein; provided , that the Seller shall not be required to make any Nonrecoverable Advance. In the event that the Seller determines that any advance would be a Nonrecoverable Advance, the Seller shall promptly deliver to the Purchaser notification of such determination, accompanied by an officer's certificate of the Seller setting forth the reason such advance is determined to be nonrecoverable.

Servicing Compensation. As In addition to any other fees to which Servicer is entitled hereunder, as compensation for its services hereunder, the Servicer shall be entitled to withdraw from a Servicing Fee payable with respect to each Mortgage Loan. As to each Mortgage Loan, the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall (i) be payable monthly from payment of interest on such Mortgage Loan prior to the deposit of such payments into the Custodial Account, (ii) accrue at the applicable Servicing Fee Rate, and shall (iii) be computed on the basis of the same unpaid principal balance amount and for the same period respecting which any related such interest payment on a was computed. Servicer shall be entitled to recover accrued but unpaid Servicing Fees in respect of any Mortgage Loan is computedto the extent permitted by Section 4.05. The Servicer’s right to the Servicing Fee shall not be payable only at transferred in whole or in part except in connection with the time transfer of and with respect all Servicer’s obligations under this Agreement. Servicing compensation in addition to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited toFee, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption feesfees as provided in Section 7.01, interest paid on funds deposited in the Escrow Account to the extent provided permitted by Section 4.06, default interest in Section 6.01, excess of the Mortgage Interest Rate and late payment charges charges, in each case to the extent collected, shall be retained by the Servicer to the extent and shall not be required to be deposited in into the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein; provided , that the Seller shall not be required to make any Nonrecoverable Advance. In the event that the Seller determines that any advance would be a Nonrecoverable Advance, the Seller shall promptly deliver to the Purchaser notification of such determination, accompanied by an officer's certificate of the Seller setting forth the reason such advance is determined to be nonrecoverable.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges and , to the extent provided for in the related Purchase Price and Terms Letter, Prepayment Penalties, shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid outstanding principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computedbalance. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, fees and late payment charges Ancillary Income shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein. Prepayment Penalties shall be the property of the Purchaser and may not be retained by the Company as additional servicing compensation.

Servicing Compensation. As compensation for its services hereunder, the Servicer Seller shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerSeller. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.014.01, and late payment charges shall be retained by the Servicer Seller to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Seller shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis in respect of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee for a particular month shall be become payable only at upon the time of and with respect to those Mortgage Loans for which payment is in fact made receipt by the Servicer from the Mortgagor of the entire amount of the full Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion Payment in respect of such Monthly Payments collected by the ServicerMortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.017.01, and late payment charges and other servicer compensation for modifications, short sales as provided in Section 5.01(e), and other shall be retained by the Servicer to the extent not required to be deposited in the Custodial Collection Account. Prepayment Charges In the event that Liquidation Proceeds, Insurance Proceeds and proceeds from any REO Disposition exceeds the Unpaid Principal Balance of such Mortgage Loan plus unpaid interest accrued thereon at a per annum rate equal to the related Remittance Rate, the Servicer shall be the property of the Owner entitled to retain therefrom and shall pay to itself any Foreclosure Profits and any Servicing Fee considered to be deposited in the Custodial Account in accordance with Section 4.22accrued but unpaid. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall shall, subject to Section 11.04(xi), be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Servicer’s Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.0111.19, and late payment charges or otherwise shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for. The Servicer shall also be entitled on each Distribution Date to the aggregate of any Prepayment Interest Excess collected in the related Due Period, which Prepayment Interest Excess the Servicer may withdraw from the Custodial Account pursuant to Section 4.05; provided, however, any such Prepayment Interest Excess to which the Servicer is entitled shall be reduced by the amount by which the aggregate Prepayment Interest Shortfalls for hereinsuch Prepayment Period exceed the Servicer’s aggregate Servicing Fee received with respect to the related Due Period.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected or as otherwise provided in Section 4.05. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerPrepayment Interest Shortfall for the related Due Period. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges and other ancillary income (excluding Prepayment Premiums except to the extent otherwise provided in the related Purchase Price and Terms Letter) shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As full compensation for its services hereunderservicing activities hereunder and reimbursement for its expenses as set forth in the immediately following paragraph, the Servicer shall be entitled to withdraw from receive the Custodial Account Servicing Fee on each Payment Date on or prior to retain from interest payments on the Mortgage Loans the amount of its Trust Termination Date payable in arrears. The "Servicing Fee" shall be the aggregate of the Monthly Servicing Fees specified in the Indenture Supplements. The Servicing Fee shall be payable monthly and shall be computed on to the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable Servicer solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent provided amounts are available for payment in Section 6.01, accordance with the terms of the Indenture Supplements. The Servicer's expenses include the amounts due to the Indenture Trustee and late payment charges shall be retained the reasonable fees and disbursements of independent accountants and all other expenses incurred by the Servicer to in connection with its activities hereunder, and including all other fees and expenses of the extent Issuer not required expressly stated herein to be deposited in for the Custodial Account. Prepayment Charges shall be the property account of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22Noteholders. The Servicer shall be required to pay all such expenses incurred by it in connection with for its servicing activities hereunder own account, and shall not be entitled to reimbursement thereof except as specifically provided any payment therefor other than the Servicing Fee. The Servicer will be solely responsible for hereinall fees and expenses incurred by or on behalf of the Servicer in connection herewith and the Servicer will not be entitled to any fee or other payment from, or claim on, any of the Trust Assets (other than the Servicing Fee).

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis in respect of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee for a particular month shall be become payable only at upon the time of and with respect to those Mortgage Loans for which payment is in fact made receipt by the Servicer from the Mortgagor of the entire amount of the full Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion Payment in respect of such Monthly Payments collected by the ServicerMortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.017.01, late payment charges, Prepayment Penalties and other servicer compensation for modifications, short sales as provided in Section 5.01(e), and late payment charges other shall be retained by the Servicer to the extent not required to be deposited in the Custodial Collection Account. Prepayment Charges In the event that Liquidation Proceeds, Insurance Proceeds and proceeds from any REO Disposition exceeds the Unpaid Principal Balance of such Mortgage Loan plus unpaid interest accrued thereon at a per annum rate equal to the related Remittance Rate, the Servicer shall be the property of the Owner entitled to retain therefrom and shall pay to itself any Foreclosure Profits and any Servicing Fee considered to be deposited in the Custodial Account in accordance with Section 4.22accrued but unpaid. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation for its services activities hereunder, the Servicer shall be entitled to retain or withdraw from the Custodial Account or out of each payment of interest on each Mortgage Loan included in the Trust Fund an amount equal to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The In addition, the Servicer shall be entitled to recover unpaid Servicing Fees out of Liquidation Proceeds, Insurance Proceeds or condemnation proceeds to the extent permitted by Section 4.02. In connection with the servicing of any Special Serviced Mortgage Loan, the Special Servicer shall receive the Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a such Special Serviced Mortgage Loan is computed. The as its compensation and the Servicer shall no longer be entitled to the Servicing Fee shall be payable only at the time of and with respect to those such Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerLoan. Additional servicing compensation with respect to Mortgage Loans in the form of any Excess Liquidation Proceeds, assumption fees, late payment charges, insufficient funds charges and ancillary income to the extent provided such fees or charges are received by the Servicer, all income and gain net of any losses realized from Permitted Investments with respect to funds in Section 6.01, and late payment charges or credited to the Custodial Account shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with pursuant to Section 4.224.02. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including payment of any premiums for hazard insurance, as required by Section 3.05 and maintenance of the other forms of insurance coverage required by Section 3.07) and shall not be entitled to reimbursement thereof therefor except as specifically provided for hereinin Section 4.02.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein; provided , that the Seller shall not be required to make any Nonrecoverable Advance. In the event that the Seller determines that any advance would be a Nonrecoverable Advance, the Seller shall promptly deliver to the Purchaser notification of such determination, accompanied by an officer’s certificate of the Seller setting forth the reason such advance is determined to be nonrecoverable.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Trustee to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Prepayment Period. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans Loans, the amount of its Servicing Fee, less any amounts payable by the Servicer pursuant to Section 4.04(viii). The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting as to which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. The aggregate of the Servicing Fees for any month with respect to the Mortgage Loans shall be reduced by any amount payable by the Servicer with respect to such month pursuant to Section 4.04 (viii). Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01late payment charges, and late payment other similar charges shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly PaymentPayment (except for any de minimus amount which shall not exceed $15.00 which is advanced by the Company, except as provided in Section 11.02 herein). The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerCompany. For defaulted Mortgage Loans, the Company shall be entitled to the Servicing Fee from Liquidation Proceeds in respect to such Mortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges and other ancillary fees shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis in respect of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee for a particular month shall be become payable only at upon the time of and with respect to those Mortgage Loans for which payment is in fact made receipt by the Servicer from the Mortgagor of the entire amount of the full Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion Payment in respect of such Monthly Payments collected by the ServicerMortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.01, and late payment charges charges, prepayment penalties and other servicer compensation for modifications, short sales as provided in Section 4.01(e), and other shall be retained by the Servicer to the extent not required to be deposited in the Custodial Collection Account. Prepayment Charges In the event that Liquidation Proceeds, Insurance Proceeds and proceeds from any REO Disposition exceed the Unpaid Principal Balance of such Mortgage Loan plus unpaid interest accrued thereon at a per annum rate equal to the related Remittance Rate, the Servicer shall be the property of the Owner entitled to retain therefrom and shall pay to itself any Foreclosure Profits and any Servicing Fee considered to be deposited in the Custodial Account in accordance with Section 4.22accrued but unpaid. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation consideration for its services hereunderservicing the Loan Assets subject to this Agreement, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee, which shall include an Asset Servicing Fee for each Loan Asset remaining subject to this Agreement during any calendar month or part thereof, less any such Asset Servicing Fee which was retained by a Subservicer. The All components of such Servicing Fee shall be payable monthly and shall be computed calculated on the basis of the same unpaid beginning principal balance and of each Loan Asset for the period respecting which any related interest payment on a Mortgage Loan is computedapplicable monthly billing period. The Asset Servicing Fee shall Fees will be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account paid in accordance with Section 4.222.02 hereof. The Servicer shall provide the Owner with an itemized invoice for the Servicing Fee less the Asset Servicing Fees for the applicable monthly period. Payments shall be due within ten (10) Business Days after the Owner’s receipt of the itemized invoice. As further compensation for its activities hereunder, the Servicer shall be entitled to retain any payments or collections received by it which are in the nature of Additional Servicing Compensation. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder that are not Servicing Expenses and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Interim Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be pro rated for any portion of a month during which the Mortgage Loan is serviced pursuant to this Agreement. In addition, the Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Interim Servicer. The Interim Servicer recognizes that to the extent it does not recover all accrued but unpaid Servicing Fees under Section 4.03, the Purchaser shall not have any liability with respect to such shortfalls. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, fees and late payment charges Ancillary Income shall be retained by the Interim Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Interim Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Company shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Paymentreceived. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds, to the extent permitted by Section 4.05) of such Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerPrepayment Interest Shortfall for such Remittance Date relating to the Mortgage Loans. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges shall be retained by the Servicer Company to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Company shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its provided for as the Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis in respect of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee for a particular month shall be become payable only at upon the time of and with respect to those Mortgage Loans for which payment is in fact made receipt by the Servicer from the Mortgagor of the entire amount of the full Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion Payment in respect of such Monthly Payments collected by the ServicerMortgage Loan. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.017.01, and late payment charges and other servicer compensation for modifications, short sales as provided in Section 5.01(e), and other shall be retained by the Servicer to the extent not required to be deposited in the Custodial Collection Account. Prepayment Charges In the event that Liquidation Proceeds, Insurance Proceeds and proceeds from any REO Disposition exceeds the unpaid principal balance of such Mortgage Loan plus unpaid interest accrued thereon at a per annum rate equal to the related Remittance Rate, the Servicer shall be the property of the Owner entitled to retain therefrom and shall pay to itself any Servicing Fee, Monthly Advances and Servicing Advances considered to be deposited in the Custodial Account in accordance with Section 4.22accrued but unpaid. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing FeeFee [This is not reflected in 4.6]. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Trustee to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Prepayment Period. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer Subservicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Subservicing Fee to the extent deposited on the Servicing FeeRemittance Date. The Servicing Subservicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Trust to pay the Servicing Subservicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Subservicing Fee for any month, the aggregate Subservicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Payment Date. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer Subservicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Subservicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Subservicing Fee to the extent deposited on the Servicing FeeRemittance Date. The Servicing Subservicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Trust to pay the Servicing Subservicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Subservicing Fee for any month, the aggregate Subservicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Payment Date. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall Seller shall, subject to Section 11.04(xi), be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Seller’s Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.0111.19, and late payment charges or otherwise shall be retained by the Servicer Seller to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Seller shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for. The Servicer shall also be entitled on each Distribution Date to the aggregate of any Prepayment Interest Excess collected in the related Due Period, which Prepayment Interest Excess the Servicer may withdraw from the Custodial Account pursuant to Section 11.05; provided, however, any such Prepayment Interest Excess to which the Servicer is entitled shall be reduced by the amount by which the aggregate Prepayment Interest Shortfalls for hereinsuch Prepayment Period exceed the Servicer’s aggregate Servicing Fee received with respect to the related Due Period.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerPrepayment Interest Shortfall for the related Principal Prepayment Period. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall Seller shall, subject to Section 11.04(xi), be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Seller’s Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.0111.19, and late payment charges or otherwise shall be retained by the Servicer Seller to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Seller shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for. The Servicer shall also be entitled on each Distribution Date to the aggregate of any Prepayment Interest Excess collected in the related Due Period, which Prepayment Interest Excess the Servicer may withdraw from the Custodial Account pursuant to Section 4.05; provided, however, any such Prepayment Interest Excess to which the Servicer is entitled shall be reduced by the amount by which the aggregate Prepayment Interest Shortfalls for hereinsuch Prepayment Period exceed the Servicer’s aggregate Servicing Fee received with respect to the related Due Period.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid scheduled principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Master Servicer to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected Payments. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Prepayment Period. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.

Servicing Compensation. As compensation for its services hereunder, the Servicer shall Seller shall, subject to Section 11.04(xi), be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its amounts provided for as the Seller's Servicing Fee. The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the Servicer. Additional servicing compensation in the form of assumption fees, to the extent as provided in Section 6.0111.19, and late payment charges or otherwise shall be retained by the Servicer Seller to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer Seller shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof therefor except as specifically provided for. The Servicer shall also be entitled on each Distribution Date to the aggregate of any Prepayment Interest Excess collected in the related Due Period, which Prepayment Interest Excess the Servicer may withdraw from the Custodial Account pursuant to Section 11.05; provided, however, any such Prepayment Interest Excess to which the Servicer is entitled shall be reduced by the amount by which the aggregate Prepayment Interest Shortfalls for hereinsuch Prepayment Period exceed the Servicer's aggregate Servicing Fee received with respect to the related Due Period.

Servicing Compensation. As compensation consideration for its services servicing the Mortgage Loans hereunder, the Servicer shall be entitled to withdraw retain the applicable Servicing Fee from the Custodial Account or to retain from interest payments on the Mortgage Loans or to withdraw the amount of its Servicing Fee. The applicable Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those each Mortgage Loans for which payment is in fact made of Loan from the entire amount of the Monthly Payment. The obligation of the Owner Custodial Account pursuant to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Monthly Payments collected by the ServicerSection 2.05 hereof. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.01, and late payment charges Ancillary Income shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein. Without limiting Servicer's right of indemnification pursuant to Section 8.01 (c)(viii), in the event a Mortgage Loan fails to meet the Eligibility Criteria, the Servicer shall have to right to adjust its Servicing Fee for such Mortgage Loan. Notwithstanding the foregoing, the Servicer shall have the right to adjust the Servicing Fee as of the first day of each anniversary of the date of this Agreement based on CPI plus one percent (1.0%).

Servicing Compensation. As compensation for its services hereunder, the Servicer shall be entitled to withdraw from the Custodial Account or to retain from interest payments on the Mortgage Loans the amount of its Servicing FeeFee to the extent deposited on the Servicing Remittance Date (provided, however, that for so long as the initial Servicer is the Servicer hereunder, the Servicer agrees that the Servicing Fee Rate applicable to it shall be the rate set forth in the Servicing Fee Side Letter, but in no event shall such Servicing Fee be greater than 0.50% per annum). The Servicing Fee shall be payable monthly and shall be computed on the basis of the same unpaid principal balance Scheduled Principal Balance and for the period respecting which any related interest payment on a Mortgage Loan is computed. The Servicing Fee shall be payable only at the time of and with respect to those Mortgage Loans for which payment is in fact made of the entire amount of the Monthly Payment. The obligation of the Owner Issuer to pay the Servicing Fee is limited to, and payable solely from, the interest portion of such Scheduled Monthly Payments collected with respect to the related Mortgage Loan, or as otherwise provided in Section 4.6. Notwithstanding the foregoing, with respect to the payment of the Servicing Fee for any month, the aggregate Servicing Fee shall be reduced (but not below zero) by an amount equal to the ServicerCompensating Interest Payment for the related Payment Date. Additional servicing compensation in the form of assumption fees, to the extent provided in Section 6.015.1, and late payment charges and other ancillary income (other than Prepayment Premiums) shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account. Prepayment Charges shall be the property of the Owner and shall be deposited in the Custodial Account in accordance with Section 4.22. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement thereof except as specifically provided for herein.