Common use of Tax and Flood Service Contracts Clause in Contracts

Tax and Flood Service Contracts. The Servicer, at Owner’s expense, shall cause each Mortgage Loan which is transferred to the Servicer for servicing to be covered by (a) with respect to each First Lien Loan only, a Tax Service Contract and (b) Flood Zone Service Contract. Servicer shall place such Tax Service Contracts and Flood Service Contracts in place, and shall ▇▇▇▇ the Owner the fee associated with acquiring such contracts.

Appears in 9 contracts

Sources: Servicing Agreement (GSR Mortgage Loan Trust 2007-5f), Servicing Agreement (GSR 2007-Oa2), Servicing Agreement (GSR Mortgage Loan Trust 2007-4f)

Tax and Flood Service Contracts. The Servicer, at Owner’s expense, shall cause each Mortgage Loan which is transferred to the Servicer for servicing to be covered by (a) with respect to each First Lien Loan only, a Tax Service Contract and (b) Flood Zone Service Contract. Servicer shall place such Tax Service Contracts and Flood Service Contracts in place, and shall ▇▇▇▇ the Owner the fee associated with acquiring such contractscontracts as set forth in the applicable Commitment Letter.

Appears in 5 contracts

Sources: Servicing Agreement (GSR Mortgage Loan Trust 2006-3f), Servicing Agreement (GSR 2006-4f), Servicing Agreement (GSR Mortgage Loan Trust 2006-1f)

Tax and Flood Service Contracts. The Servicer, at Owner’s 's expense, shall cause each Mortgage Loan which is transferred to the Servicer for servicing to be covered by (a) with respect to each First Lien Loan only, a Tax Service Contract and (b) Flood Zone Service Contract. Servicer shall place such Tax Service Contracts and Flood Service Contracts in place, and shall ▇▇▇▇ the Owner the fee associated with acquiring such contracts.)

Appears in 4 contracts

Sources: Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-4), Assignment, Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3), Master Servicing and Trust Agreement (GSAA Home Equity Trust 2006-4)

Tax and Flood Service Contracts. The Servicer, at Owner’s expense, shall cause each Mortgage Loan which is transferred to the Servicer for servicing to be covered by (a) with respect to each First Lien Loan only, a Tax Service Contract and (b) Flood Zone Service Contract. Servicer shall place such Tax Service Contracts and Flood Service Contracts in place, and shall ▇▇▇▇ the Owner the fee associated with acquiring such contracts.

Appears in 3 contracts

Sources: Servicing Agreement (GSR 2006-4f), Servicing Agreement (GSR Mortgage Loan Trust 2006-2f), Servicing Agreement (GSR 2006-5f)

Tax and Flood Service Contracts. The Servicer, at Owner’s expense, shall cause each Mortgage Loan which is transferred to the Servicer for servicing to be covered by (a) with respect to each First Lien Loan only, a Tax Service Contract and (b) Flood Zone Service Contract. Servicer shall place such Tax Service Contracts and Flood Service Contracts in place, and shall b▇▇▇ the Owner the fee associated with acquiring such contracts.

Appears in 1 contract

Sources: Flow Servicing Agreement (GSR Mortgage Loan Trust 2007-1f)