Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Subordinated Certificates, sequentially, to the Class X-0, Xxxxx X-0, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero. Thereafter, (i) if the aggregate Class Certificate Balance of the Group 1 Senior Certificates exceeds the aggregate Stated Principal Balance of the Group 1 Mortgage Loans, the amount of such excess will be applied to reduce the Class Certificate Balance of the Class 1-A-Certificates until its Class Certificate Balance has been reduced to zero, and (ii) if the aggregate Class Certificate Balance of the Group 2 Senior Certificates exceeds the aggregate Stated Principal Balance of the Group 2 Mortgage Loans, the amount of such excess will be applied to reduce the Class Certificate Balance of each Class of Group 2 Senior Certificates, on a pro rata basis according to their respective Class Certificate Balances, until the Class Certificate Balances of such Classes have been reduced to zero except that any amount allocated to the Class 2-A-2A Certificates will instead be allocated to the Class 2-A-2B Certificates, until its Class Certificate Balance is reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trust Administrator shall allocate any Applied Realized Loss Amount, first, to reduce the Class Principal Balances of the Class I-M7, Class I-M6, Class I-M5, Class I-M4, Class I-M3, Class I-M2 and Class I-M1 Certificates, sequentially, in that order, in each case until their respective Class Principal Balances are reduced to zero and second, pro rata, to the Subgroup I-1 Certificates and Subgroup I-2 Certificates, concurrently, as follows: (A) to reduce the Class Principal Balance of the Class I-1A Certificates, until its Class Principal Balance is reduced to zero, and (B) sequentially, (i) first, to reduce the Class Principal Balance of the Class I-2A4 Certificates, until its Class Principal Balance is reduced to zero; and (ii) second, concurrently (pro rata, with respect to subclause (x) below based on the aggregate Class Principal Balance of the Class I-2A1 and Class I-2A2 Certificates, and with respect to subclause (y) below based on the aggregate Class Principal Balance of the Class I-2A3 Certificates) as follows: (x) to reduce the Class Principal Balance of the Class I-2A2 and Class I-2A1 Certificates, sequentially, in that order, until their respective Class Principal Balances are reduced to zero; and (y) to reduce the Class Principal Balance of the Class I-2A3 Certificates, until its Class Principal Balance is reduced to zero.

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Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate any Applied Realized Loss Amount, first, to reduce the Class Certificate Balances of the Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, sequentially, in that order, until their respective Class Certificate Balances are reduced to zero and, second, to the Group 1 Senior Certificates and Group 2 Senior Certificates, pro rata, on the basis of the aggregate Class Certificate Balance of the related Senior Certificates, as follows: (a) with respect to the Group 1 Senior Certificates, sequentially, to the Class 1-A-2 and Class 1-A-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero; and (b) with respect to the Group 2 Senior Certificates, sequentially, to the Class 2-A-3, Class 2-A-2 and Class 2-A-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero.

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Application of Applied Realized Loss Amounts. On each Distribution Date, the Trust Administrator shall allocate any Group 1 Applied Realized Loss Amount, first, to reduce the Class Principal Balances of the Class 1-M5, Class 1-M4, Class 1-M3, Class 1-M2, Class 1-M1 and Class 1-A3 Certificates, sequentially, in that order, in each case until their respective Class Principal Balances are reduced to zero and second, concurrently, pro rata, to the Subgroup 1-1 Certificates and Subgroup 1-2 Certificates: (a) to reduce the Class Principal Balances of the Class 1-1A2 and Class 1-1A1 Certificates, in that order, until their respective Class Principal Balances are reduced to zero and (b) to reduce the Class Principal Balances of the Class 1-2A2 and Class 1-2A1 Certificates, in that order, until their respective Class Principal Balances are reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Subordinated Certificates, sequentially, to the Class M-11, Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero. After the Class Certificate Balance of each class of Subordinated Certificates has been reduced to zero, if the aggregate Class Certificate Balance of the Senior Certificates exceeds the aggregate Stated Principal Balance of the Mortgage Loans, the amount of that excess will be allocated to reduce the Class Certificate Balances of Senior Certificates, pro rata based on their then-outstanding Class Certificate Balances; provided, however, that any losses that would otherwise be allocated to the Class A-1 and Class A-2 Certificates will be allocated to the Class A-3 Certificates, until its Class Certificate Balance is reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trust Administrator shall allocate any Group 2 Applied Realized Loss Amount, first, to reduce the Class Principal Balances of the Class 2-M8, Class 2-M7, Class 2-M6, Class 2-M5, Class 2-M4, Class 2-M3, Class 2-M2 and Class 2-M1 Certificates, sequentially, in that order, in each case until their respective Class Principal Balances are reduced to zero and second, concurrently, pro rata, to the Subgroup 2-1 Certificates and Subgroup 2-2 Certificates: (a) to reduce the Class Principal Balances of the Class 2-1A2 and Class 2-1A1 Certificates, in that order, until their respective Class Principal Balances are reduced to zero and (b) first, to reduce the Class Principal Balances of the Class 2-A-6 Certificates, until its Class Principal Balance is reduced to zero; and second, concurrently, to reduce the Class Principal Balances of the Class 2-2A1, Class 2-2A2, Class 2-2A3, Class 2-2A4 and Class 2-2A5 Certificates, pro rata based on Class Principal Balance, until their respective Class Principal Balances are reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Subordinated Certificates, sequentially, to the Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero. Thereafter, (i) if the aggregate Class Certificate Balance of the Group 1 Senior Certificates exceeds the aggregate Stated Principal Balance of the Group 1 Mortgage Loans, the amount of that excess will be allocated, sequentially, to the Class 1-A-1B and Class 1-A-1A Certificates, in that order, until their respective Class Certificate Balances are reduced to zero; and (ii) if the aggregate Class Certificate Balance of the Group 2 Senior Certificates exceeds the aggregate Stated Principal Balance of the Group 2 Mortgage Loans, sequentially, to the Class 2-A-1C, Class 2-A-1B and Class 2-A-1A Certificates, in that order, until their respective Class Certificate Balances are reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Senior (other than the Class A-R Certificates) and Subordinated Certificates in the following order: first, sequentially, to the Class M-6, Class M-5, Class M-4, Class X-0, Xxxxx X-0, Class M-1, Class A-3 and Class A-2 Certificates, in that order, and second concurrently, to the Class A-1-A, Class A-1-B and Class A-1-C Certificates, pro rata, in each case until the Class Certificate Balance of each such Class is reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the applicable Class Certificate Balances or the Class A-1-B Swap Principal Amount, as applicable, in the following order of priority: (1) sequentially, to the Class M-0, Xxxxx X-0, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero; (2) to the Class A-3 Certificates, until its Class Certificate Balance is reduced to zero; (3) to the Class A-2 Certificates, until its Class Certificate Balance is reduced to zero; and (4) concurrently, to the Class A-1-A and Class A-1-B Certificates and the Class A-1-B Swap Principal Amount, pro rata, based on the Class Certificate Balance or Class A-1-B Swap Principal Amount, as applicable, until each Class Certificate Balance or Class A-1-B Swap Principal Amount is reduced to zero. (i) Application of Subsequent Recoveries. If Subsequent Recoveries have been received with respect to a Liquidated Mortgage Loan, the amount of such Subsequent Recoveries will be applied to increase the applicable Class Certificate Balances or the Class A-1-B Swap Principal Amount, as applicable, in the following order of priority: (1) concurrently, to the Class A-1-A and Class A-1-B Certificates and the Class A-1-B Swap Principal Amount, if any, pro rata based on their respective Unpaid Realized Loss Amounts, in an amount up to their respective Unpaid Realized Loss Amounts; (2) to the Class A-2 Certificates in an amount up to its respective Unpaid Realized Loss Amount; (3) to the Class A-3 Certificates, in an amount up to its respective Unpaid Realized Loss Amount; and (4) sequentially, to the Class M-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates, in that order, in an amount up to their respective Unpaid Realized Loss Amounts. Holders of such Certificates will not be entitled to any payment in respect of Current Interest on the amount of such increases for any Interest Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied pro rata to the Certificate Balance of each Certificate of such Class. The Swap Counterparty will not be entitled to any payment in respect of interest on the Class A-1-B Swap Principal Amount at the related Pass-Through Rate on the amount of such increases for any Interest Accrual Period preceding the Distribution Date on which suc...

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