Accounting and Fiscal Responsibilities

The fiscal responsibilities of the Servicer shall include the following: (1) The accounting for and monthly remittance to MHMFA and MHMFA's Trustee of the allocable principal and interest portions ofmonthlypayments, and any other sums which MHMFA may require to be remitted. (2) The accountingfor anadministrationof escrow accounts or amounts deposited by Borrowers for payment of taxes, assessments, ground rents, hazard insurance premiums, premiums due the federal insurer guarantor or private mortgage insurer, and other escrowed expenses.