Subservicing Accounts. 68 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts............69 Section 3.10. Collection Account................................................................69 Section 3.11. Withdrawals from the Collection Account...........................................71 Section 3.12. Investment of Funds in the Accounts...............................................73 Section 3.13. Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage....74 Section 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements.........................76 Section 3.15. Realization upon Defaulted Mortgage Loans.........................................77 Section 3.16. Trustee and Trust Administrator to Cooperate; Release of Mortgage Files...........79 Section 3.17. Servicing Compensation............................................................80 Section 3.18. Reports to the Trust Administrator and the Trustee; Collection Account Statements.80 Section 3.19. Statement as to Compliance and Financial Statements...............................81 Section 3.20. Independent Public Accountants'Servicing Report...................................82 Section 3.21. Access to Certain Documentation...................................................82 Section 3.22. Title, Management and Disposition of REO Property.................................83 Section 3.23. Prepayment Interest Shortfalls....................................................85 Section 3.24. First Liens.......................................................................86 Section 3.25. Indemnification...................................................................86 Section 3.26. Certain Procedures Relating to Successor Subservicers and Successor Servicers.....87 Section 3.27. Reports to the Securities and Exchange Commission.................................88 Section 3.28. Servicing Termination.............................................................88
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Sources: Pooling and Servicing Agreement (Financial Asset Securities Corp)
Subservicing Accounts. 68 63 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts............69 ..............................................................................64 Section 3.10. Collection Account and Certificate Account................................................................69 ............................................64 Section 3.11. Withdrawals from the Collection Account and Certificate Account...........................................71 .......................67 Section 3.12. Investment of Funds in the Accounts...............................................73 ...................................................69 Section 3.13. Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage....74 .....................................................................70 Section 3.14. Enforcement of Due-on-Sale Clauses; Assumption Agreements.........................76 .............................72 Section 3.15. Realization upon Defaulted Mortgage Loans.........................................77 .............................................73 Section 3.16. Trustee and Trust Administrator to Cooperate; Release of Mortgage Files...........79 .................................................................................75 Section 3.17. Servicing Compensation............................................................80 ................................................................76 Section 3.18. Reports to the Trust Administrator and the Trustee; Collection Account Statements.80 Statements....................................................................77 Section 3.19. Statement as to Compliance and Financial Statements...............................81 ...................................78 Section 3.20. Independent Public Accountants'Servicing Accountants' Servicing Report...................................82 ......................................78 Section 3.21. Access to Certain Documentation...................................................82 .......................................................79 Section 3.22. Title, Management and Disposition of REO Property.................................83 .....................................79 Section 3.23. Prepayment Interest Shortfalls....................................................85 ........................................................82 Section 3.24. First Liens.......................................................................86 [Reserved]............................................................................83 Section 3.25. Indemnification...................................................................86 [Reserved]............................................................................83 Section 3.26. Certain Procedures Relating to Successor Subservicers and Successor Master Servicers.....87 ......................................................................83 Section 3.27. Reports to the Securities and Exchange Commission.................................88 .....................................83 Section 3.28. Servicing Termination.............................................................88.................................................................83 Section 3.29. Advance Facility......................................................................84 Section 3.30. PMI Policy; Claims Under the PMI Policy...............................................85
Appears in 1 contract
Sources: Pooling and Servicing Agreement (New Century Mort Sec Inc New Cent Hm Eq Ln Tr Ser 2000-Nca)
Subservicing Accounts. 68 94 Section 3.09. 3.09 Collection of Taxes, Assessments and Similar Items; Servicing Escrow Accounts............69 ................................................... 95 Section 3.10. 3.10 Collection Account................................................................69 Accounts............................................... 96 Section 3.11. 3.11 Withdrawals from the Collection Account...........................................71 Accounts.......................... 97 Section 3.12. 3.12 Investment of Funds in the Accounts...............................................73 ............................... 99 Section 3.13. 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage....74 ................................................. 101 Section 3.14. 3.14 Enforcement of Due-onOn-Sale Clauses; Clauses Assumption Agreements.........................76 .......... 102 Section 3.15. 3.15 Realization upon Upon Defaulted Mortgage Loans.........................................77 ......................... 103 Section 3.16. Trustee and Trust Administrator to Cooperate; 3.16 Release of Mortgage Files...........79 ......................................... 104 Section 3.17. Servicing Compensation............................................................80 Section 3.18. Reports to the Trust Administrator and the Trustee; Collection Account Statements.80 Section 3.19. Statement as to Compliance and Financial Statements...............................81 Section 3.20. Independent Public Accountants'Servicing Report...................................82 Section 3.21. Access to Certain Documentation...................................................82 Section 3.22. 3.17 Title, Management Conservation and Disposition of REO Property.................................83 ............... 106 Section 3.23. Prepayment Interest Shortfalls....................................................85 3.18 Notification of Adjustments....................................... 107 Section 3.24. First Liens.......................................................................86 3.19 Access to Certain Documentation and Information Regarding the Mortgage Loans.................................................... 108 Section 3.25. Indemnification...................................................................86 Section 3.26. Certain Procedures Relating 3.20 Documents, Records and Funds in Possession of each Servicer to Successor Subservicers and Successor Servicers.....87 Section 3.27. Reports to be Held for the Securities and Exchange Commission.................................88 Administrator....................... 108 Section 3.28. 3.21 Servicing Termination.............................................................88Compensation............................................ 108 Section 3.22 Annual Statement as to Compliance................................. 109
Appears in 1 contract