Common use of CALCULATION OF LOSS FOR UNRELATED 2ND LIEN Clause in Contracts

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's fees 0 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's fees 0 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)FDIC

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan Loan# 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Module 1 – Whole Bank w/ Loss Share – P&A Home Valley Bank Version 2.07 Cave Junction, Oregon June 10, 2010 99 Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Module 1 – Whole Bank w/ Loss Share – P&A Version 2.02 March 19, 2010 95 XXXXXX XXXX LOWELL, MASSACHUSETTS Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook 111 Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)) NOTE The calculation of recovery on a loan for which a Restructuring Loss has been paid will only apply if the loan is sold. EXAMPLE CALCULATION Restructuring Loss Information Loan principal balance before restructuring $ 200,000 A NPV, restructured loan 165,000 B Loss on restructured loan $ 35,000 A – B Times FDIC applicable loss share % (80%) 80 % Loss share payment to purchaser $ 28,000 C Calculation – Recovery amount due to Receiver Loan sales price $ 190,000 NPV of restructured loan at mod date 165,000 Gain - step 1 25,000 D PLUS Loan UPB after restructuring (1 ) 200,000 Loan UPB at liquidation date 192,000 Gain - step 2 (principal collections after restructuring) 8,000 E Recovery amount 33,000 D + E Times FDIC loss share % 80 % Recovery due to FDIC $ 26,400 F Net loss share paid to purchaser (C – F) $ 1,600 Proof Calculation (2 ) Loan principal balance $ 200,000 G Principal collections on loan 8,000 Sales price for loan 190,000 Total collections on loan 198,000 H Net loss on loan $ 2,000 G – H Times FDIC applicable loss share % (80%) 80 % Loss share payment to purchaser $ 1,600

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 55000 14 Accrued interest, limited to 90 days 481 15 Attorney's fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)1500

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's fees 0 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/BrokerXxxxxx’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook 125 Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 55000 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook 101 Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss Month: 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)1500

CALCULATION OF LOSS FOR UNRELATED 2ND LIEN. CHARGE-OFF 1 Shared-Loss MonthMonth : 20090531 2 Loan # 58776 3 Interest paid-to-date 20081201 4 Charge-Off Date 20090531 5 Note Interest rate 0.03500 6 Occupancy Owner If owner occupied: 7 Household current annual income 0 8 Valuation Date 20090402 9 Valuation Amount 230000 10 Valuation Type (Interior/exterior appraisal, 10 BPO, AVM, etc) BPO 11 Balance of superior liens 210000 Charge-Off Loss calculation 12 Loan Principal balance 55000 13 Charge-off amount (principal only) 55000 Plus: 14 Accrued interest, limited to 90 days 481 15 Attorney's ’s fees 0 16 Foreclosure costs, including title search, 16 filing fees, advertising, etc. 250 17 Property protection costs, maint., repairs and any costs or expenses relating to 17 environmental conditions 0 18 Tax and insurance advances 0 Other Advances 19 Appraisal/Broker’s Price Opinion fees 75 20 Inspections 0 21 Other 0 Gross bal ance balance recoverable by Purchaser 55806 22 Foreclosure sale proceeds 0 23 Hazard Insurance proceeds 0 24 Mortgage Insurance proceeds 0 25 Tax overage 0 26 Short sale payoff 1500 27 Other credits, if any (itemize) 0 Total Cash Recovery 1500 28 Loss Amount 54306 1 Costs with respect to environmental remediation activities are limited to $200,000 unless prior consent of the FDIC Line item definitions located in SF Data Submission Handbook Exhibit 2d(2) Shared-Loss Month: [input month] Loan no.: [input loan no.)1500