Common use of CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES Clause in Contracts

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of the Trust Fund by Trustee...................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section ..........................................48 2.02 Acceptance of the Trust Fund REMIC I by Trustee...................... Section ......................................52 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Certain Breaches of Representations and Warranties.............................. Section ........54 2.04 Representations and Warranties of the Depositor.................. Section .......................55 2.05 Conveyance Representations and Warranties of the Mortgage LoansLoan Seller............56 2.06 Representations and Warranties of the Master Servicer.................65 2.07 Representations and Warranties of the Special Servicer................66 2.08 Representations and Warranties of the Trustee and the REMIC Administrator.........................................................68 2.09 Issuance of the Class R-I Certificates; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance Creation of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 .....................................................69 2.10 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee......................................... Section 2.08 Execution, Authentication and Delivery ...........................................................70 2.11 Issuance of the REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates.................................................................................70

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 2.01. Conveyance of Mortgage Loans................................. Section 2.02 ........................................61 2.02. Acceptance of the Trust Fund REMIC I by Trustee...................... Section 2.03 ....................................65 2.03. Mortgage Loan Seller's and Additional Warranting Party's Repurchase or Substitution of Mortgage Loans for Document Defects and Certain Breaches of Representations and Warranties.............................. Section 2.04 ..............67 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance the Sponsor.......................69 2.05. Representations and Warranties of the Mortgage LoansLoan Seller and the Additional Warranting Party.....................................70 2.06. Representations and Warranties of the Master Servicer...............84 2.07. Representations and Warranties of the Trustee.......................86 2.08. Issuance of the Class R-I Certificates; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance Creation of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ...........................................87 2.09. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee......................................... Section 2.08 Execution, Authentication and Delivery .............................................88 2.10. Issuance of the Class R-II Certificates; Creation of the REMIC II Regular Interests..........................................88 2.11. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by the Trustee............................................88 2.12. Issuance of the REMIC III Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates..............................................................................88

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. 60 Section 2.01 Conveyance of Mortgage Loans................................. ...............................................................60 Section 2.02 Acceptance of the Trust Fund by Trustee...................... ....................................................63 Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. ..........................64 Section 2.04 Representations and Warranties of Depositor.................. ................................................67 Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ .............................68 Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ...........................69 Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... .................69 Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ ............................69 Section 2.09 Execution, Authentication and Delivery of Class Z Z-I and Class Z-II Certificates............................................................69 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND.......................................................70

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section SECTION 2.01 Conveyance of Mortgage Loans................................. Section ..................................... 75 SECTION 2.02 Acceptance of the Trust Fund by Trustee...................... Section .......................... 78 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section .................................................... 80 SECTION 2.04 Representations and Warranties of Depositor.................. Section ...................... 84 SECTION 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC I, REMIC II and Grantor Trust Y by Trustee......................................... Section 2.08 ....................... 86 SECTION 2.06 Issuance of REMIC I Interests.................................... 86 SECTION 2.07 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 .. 86 SECTION 2.08 Execution, Authentication and Delivery of Class Z Certificates................................................Y................ 87

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section SECTION 2.01 Conveyance of Trust Mortgage Loans................................. Section ...........................................................117 SECTION 2.02 Acceptance of the Trust Fund by Trustee...................... Section ......................................................120 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section ....................................122 SECTION 2.04 Representations and Warranties of Depositor.................. Section ..................................................126 SECTION 2.05 Conveyance of Mortgage Loans; Acceptance of Loan REMIC I Regular Interests and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee......................................... Section 2.08 ...............................128 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 SECTION 2.07 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 ..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Z Y and Class A-MFL Certificates...............................................................129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 ...................................46 SECTION 2.02. Acceptance of the Trust Fund REMIC I by Trustee...................... Section 2.03 ...............................47 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 ..............................48 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ....................50 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests...................................................51 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 ......................................52 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates................................................52 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee.....................................52 SECTION 2.09. Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z III Certificates................................................52

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 63 SECTION 2.01 Conveyance of Mortgage Loans................................. Section ..............................................................63 SECTION 2.02 Acceptance of the Trust Fund by Trustee...................... Section ...................................................66 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section .........................67 SECTION 2.04 Representations and Warranties of Depositor.................. Section ...............................................70 SECTION 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section ............................72 SECTION 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section ..........................72 SECTION 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section ................72 SECTION 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section ...........................73 SECTION 2.09 Execution, Authentication and Delivery of Class Z Z-I and Class Z-II Certificates...........................................................73 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND......................................................73

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. .................................... Section 2.02 Acceptance of the Trust Fund REMIC I by Trustee...................... ................................ Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Material Document Defects and Breaches of Representations and Warranties.............................. Material Breaches.............................................. Section 2.04 Representations and Warranties of the Depositor.................. ................. Section 2.05 Conveyance Representations and Warranties of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ the Master Servicer........... Section 2.06 Representations and Warranties of the Special Servicer.......... Section 2.07 Representations and Warranties of the Trustee................... Section 2.08 Representations and Warranties of the Certificate Administrator and the REMIC Administrator...................... Section 2.09 Issuance of the Class R-I Certificates; Creation of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ...................................... Section 2.07 2.10 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee......................................... ........................................ Section 2.08 Execution, Authentication and Delivery 2.11 Issuance of the REMIC II Certificates................................................ ........................... Section 2.09 Execution, Authentication and Delivery of Class Z Certificates................................................2.12

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section SECTION 2.01 Conveyance of Mortgage Loans................................. Section Loans and ED Loan REMIC Interests........ SECTION 2.02 Execution, Authentication and Delivery of Class V Certificates; Creation of CML Loan REMIC Regular Interests and CML Loan REMIC Residual Interest.................. SECTION 2.03 Acceptance of the Trust Fund CML Loan REMIC, ED Loan REMIC and REMIC I by Trustee...................... Section 2.03 .............................................. SECTION 2.04 Mortgage Loan Seller's Sellers' Repurchase or Substitution of Mortgage Loans for Material Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Material Breaches............................................... SECTION 2.05 Representations and Warranties of the Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates.................................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 ...............................................................60 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 ....................................................62 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 .....................................63 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ................................................65 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests..................................................................67 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 .................67 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates..........................67 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee...............67 SECTION 2.09. Execution, Authentication and Delivery of REMIC II III Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates...........................................................................68

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section SECTION 2.01 Conveyance of Mortgage Loans................................. Section ...................................... SECTION 2.02 Acceptance of the Trust Fund CML Loan REMIC and REMIC I by Trustee...................... Section ........... SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Material Document Defects and Breaches of Representations and Warranties.............................. Section Material Breaches................................................ SECTION 2.04 Representations and Warranties of the Depositor.................. Section ................... SECTION 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I Representations and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance Warranties of the Master Servicer............. SECTION 2.06 Representations and Warranties of the Special Servicer............ SECTION 2.07 Representations and Warranties of the Trustee and the REMIC I Regular Interests; Administrator.............................................. SECTION 2.08 Execution, Authentication and Delivery of Class V Certificates and Class CM Certificates; Creation of CML Loan REMIC Regular Interests and CML Loan REMIC Residual Interest......................................................... SECTION 2.09 Issuance of the Class R-I Certificates....... Section 2.07 ; Creation of the REMIC I Regular Interests........................................ SECTION 2.10 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee......................................... Section 2.08 Execution, Authentication and Delivery .......................................... SECTION 2.11 Issuance of the REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates............................................................................. SECTION 2.12

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. .................................. Section 2.02 Acceptance of the Trust Fund by Trustee...................... ....................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. ................................................... Section 2.04 Representations and Warranties of Depositor.................. ................... Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ ............................................. Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ....................... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... ................................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Certificates Section 2.09 Execution, Authentication and Delivery of Class Z Certificates................................................Certificates ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 .......................................................................47 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 ............................................................48 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 ..................................49 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ........................................................52 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests.....................................................................53 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 .........................54 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates..................................54 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee.......................54 SECTION 2.09. Execution, Authentication and Delivery of REMIC II III Certificates................................................ Section 2.09 ...................................54 SECTION 2.10. Execution, Authentication and Delivery of Class Z L Certificates.....................................................................................55

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Creation of Trust; Conveyance of Mortgage Loans................................. Section 2.02 ............................................59 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 Mortgage Loan Seller's ........................................................61 SECTION 2.03. Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Representations ; the Special Reserve Account................................62 SECTION 2.04. Representations, Warranties and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance Covenants of the REMIC I Regular Interests; Depositor.................................67 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests..................................................................89 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 .................90 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates; Creation of REMIC II Regular Interests.................................................................90 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee...............90 SECTION 2.09. Execution, Authentication and Delivery of REMIC II III Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates...........................................................................90

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 .......................................... 67 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 ............................... 70 SECTION 2.03. Mortgage Loan SellerOriginator's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 ...................................................... 71 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 ........................... 74 SECTION 2.05. Execution, Authentication and Delivery of Class Q and Class R-I Certificates; Creation of REMIC I Regular Interests............. 76 SECTION 2.06. Conveyance of Mortgage LoansREMIC I Senior Regular Interests; Acceptance of REMIC I and Additional Interest Grantor Trust II by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ...................................................... 76 SECTION 2.07. Execution, Authentication and Delivery of Class R-I II Certificates....... Section 2.07 ..... 76 SECTION 2.08. Conveyance of REMIC I II Regular Interests; Acceptance of REMIC II III by Trustee......................................... Section 2.08 ......................................................... 77 SECTION 2.10. Conveyance of REMIC III Regular Interests; Acceptance of REMIC IV by Trustee......................................................... 77 SECTION 2.11. Execution, Authentication and Delivery of REMIC II IV Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates....................................................... 78

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of the Trust Fund by Trustee...................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ .................................... Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Z-I, Class Z-II and Class Z-III Certificates.....................................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. ..................................... Section 2.02 Acceptance of the Trust Fund REMIC I by Trustee...................... ................................. Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Material Document Defects and Breaches of Representations and Warranties.............................. Material Breaches........................................... Section 2.04 Representations and Warranties of the Depositor.................. Section 2.05 Conveyance Representations and Warranties of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ the Master81 Servicer........................................................ Section 2.06 Representations and Warranties of the Special84 Servicer........................................................ Section 2.07 Representations and Warranties of the Trustee and the REMIC Administrator......................................... Section 2.08 [Reserved]....................................................... Section 2.09 Issuance of the Class R-I Certificates; Creation of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ................................... Section 2.07 2.10 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by the Trustee......................................... ...................................... Section 2.08 Execution, Authentication and Delivery 2.11 Issuance of the REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates............................................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of the Trust Fund by Trustee...................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 [Reserved]................................................... Section 2.10 Execution, Authentication and Delivery of Class Z Certificates................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. ................................ Section 2.02 Acceptance of the Trust Fund by Trustee...................... ..................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. ............................. Section 2.04 Representations and Warranties of Depositor.................. ................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ ............................... Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... ..................................... Section 2.08 2.07 Execution, Authentication and Delivery of REMIC II Certificates................................................ ............................................ Section 2.09 2.08 Execution, Authentication and Delivery of Class Z Certificates...............................................................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 ....................................43 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 .........................44 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 ...............................45 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; .....................47 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests....................................................49 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 .......................................49 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates.................................................49 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee......................................50 SECTION 2.09. Execution, Authentication and Delivery of REMIC II III Certificates................................................ Section 2.09 .................................................50 SECTION 2.10. Execution, Authentication and Delivery of Class Z L Certificates.................................................................................................50

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section SECTION 2.01 Conveyance of Trust Mortgage Loans................................. Section Loans .......................................................................... 98 SECTION 2.02 Acceptance of the Trust Fund by Trustee...................... Section Trustee ..................................................................... 101 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section Warranties ........................................................................ 103 SECTION 2.04 Representations and Warranties of Depositor.................. Section Depositor ................................................................. 107 SECTION 2.05 Conveyance of Mortgage Loans; Acceptance of Loan REMIC I Regular Interests and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee......................................... Section 2.08 Trustee ................................................................... 109 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests ...................................................... 109 SECTION 2.07 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates................................................Certificates ...................................................... 109 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. Section 2.02 Acceptance of the Trust Fund by Trustee...................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust Trusts by Trustee................ ................................... Section 2.06 Issuance of the REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class A-3SF Certificates and Class A-MFL Certificates................... Section 2.10 Execution, Authentication and Delivery of Class Z Certificates................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 Loans ................................ 51 SECTION 2.02. Acceptance of the Trust Fund by Trustee...................... Section 2.03 Trustee ..................... 52 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 Warranties ............................................ 53 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; Depositor ................. 55 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests ....... Section 2.07 57 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 Trustee .................................... 57 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates .............................................. 57 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee ................................... 57 SECTION 2.09. Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates................................................III Certificates ............................................. 58

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 .......................................................................47 SECTION 2.02. Acceptance of the Trust Fund REMIC I by Trustee...................... Section 2.03 ...................................................................48 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 ......................................................50 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ........................................................51 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests.............................................................................53 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 .........................53 SECTION 2.07. Execution, Authentication and Delivery of Class R-II Certificates..................................53 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee.......................53 SECTION 2.09. Execution, Authentication and Delivery of REMIC II III Certificates................................................ Section 2.09 Execution, Authentication and Delivery of Class Z Certificates...................................................................................54

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 SECTION 2.01. Conveyance of Mortgage Loans................................. Section 2.02 .................................. 43 SECTION 2.02. Acceptance of the Trust Fund REMIC I by Trustee...................... Section 2.03 .............................. 44 SECTION 2.03. Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. Section 2.04 .................................................. 45 SECTION 2.04. Representations and Warranties of Depositor.................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of REMIC I and Additional Interest Grantor Trust by Trustee................ Section 2.06 Issuance of the REMIC I Regular Interests; ................... 46 SECTION 2.05. Execution, Authentication and Delivery of Class R-I Certificates....... Section 2.07 ; Creation of REMIC I Regular Interests......... 48 SECTION 2.06. Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... Section 2.08 ........................... 48 SECTION 2.07. Execution, Authentication and Delivery of REMIC II Certificates................................................ Section 2.09 Execution, Authentication and Delivery ....................................... 48 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND SECTION 3.01. Administration of Class Z Certificates................................................the Mortgage Loans.......................... 49 SECTION 3.02. Collection of Mortgage Loan Payments......................... 50

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. ................................ Section 2.02 Acceptance of the Trust Fund by Trustee...................... ..................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. ............................. Section 2.04 Representations and Warranties of Depositor.................. ................. Section 2.05 Conveyance of Mortgage Loans; Acceptance of Loan REMIC, REMIC I and Additional Interest Grantor Trust by Trustee................ ....................... Section 2.06 Issuance of Loan REMIC Regular Interests.................... Section 2.07 Conveyance of Loan REMIC Regular Interests; Acceptance of REMIC I by the Trustee..................................... Section 2.08 Issuance of the Loan REMIC Regular Interests and REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ......................... Section 2.07 2.09 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... ........................................ Section 2.08 2.10 Execution, Authentication and Delivery of REMIC II Certificates................................................ ............................................... Section 2.09 2.11 Execution, Authentication and Delivery of Class Z Certificates...............................................................................................

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. Section 2.01 Conveyance of Mortgage Loans................................. ..................................... Section 2.02 Acceptance of the Trust Fund by Trustee...................... .......................... Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Mortgage Loans for Document Defects and Breaches of Representations and Warranties.............................. ................................... Section 2.04 Representations and Warranties of Depositor.................. ...................... Section 2.05 Conveyance of Mortgage Loans; Acceptance of Component Loan REMIC, REMIC I and Additional Interest Grantor Trust by Trustee................ ................. Section 2.06 Issuance of Component Loan REMIC Regular Interests............... Section 2.07 Conveyance of Component Loan REMIC Regular Interests; Acceptance of REMIC I by the Trustee............................. Section 2.08 Issuance of the Component Loan REMIC Regular Interests and REMIC I Regular Interests; Execution, Authentication and Delivery of Class R-I Certificates....... ........................... Section 2.07 2.09 Conveyance of REMIC I Regular Interests; Acceptance of REMIC II by Trustee......................................... .............................................. Section 2.08 2.10 Execution, Authentication and Delivery of REMIC II Certificates................................................ ..................................................... Section 2.09 2.11 Execution, Authentication and Delivery of Class Z Certificates and Class EH Certificates...........................................................................