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 Trust Mortgage Loans...........................................................117 SECTION 2.02 Acceptance of the Trust Fund by Trustee......................................................120 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 SECTION 2.04 Representations and Warranties of Depositor..................................................126 SECTION 2.05 Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................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..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class 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 2.01. Conveyance of Trust Mortgage Loans...........................................................117 ...................................46 SECTION 2.02 2.02. Acceptance of the Trust Fund REMIC I by Trustee......................................................120 ...............................47 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 ..............................48 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 ....................50 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests...................................................51 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 ......................................52 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates................................................52 SECTION 2.08. Conveyance of REMIC Interests and II Regular Interests; Acceptance of REMIC I Interests.......................................128 III by Trustee.....................................52 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND................................................52

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 ...............................................................60 SECTION 2.02 2.02. Acceptance of the Trust Fund by Trustee......................................................120 ....................................................62 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 .....................................63 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 ................................................65 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests..................................................................67 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 .................67 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates..........................67 SECTION 2.08. Conveyance of REMIC Interests and II Regular Interests; Acceptance of REMIC I Interests.......................................128 III by Trustee...............67 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND...........................68

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 .......................................................................47 SECTION 2.02 2.02. Acceptance of the Trust Fund REMIC I by Trustee......................................................120 ...................................................................48 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 ......................................................50 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 ........................................................51 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests.............................................................................53 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 .........................53 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates..................................53 SECTION 2.08. Conveyance of REMIC Interests and II Regular Interests; Acceptance of REMIC I Interests.......................................128 III by Trustee.......................53 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND...................................54

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 Loans ................................ 51 SECTION 2.02 2.02. Acceptance of the Trust Fund by Trustee......................................................120 Trustee ..................... 52 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 Warranties ............................................ 53 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 Depositor ................. 55 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests ....... 57 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II by Trustee .................................... 57 SECTION 2.07. Execution, Authentication and Grantor Trusts Delivery of Class R-II Certificates .............................................. 57 SECTION 2.08. Conveyance of REMIC II Regular Interests; Acceptance of REMIC III by Trustee...............................128 Trustee ................................... 57 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUNDCertificates ............................................. 58

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 60 Section 2.01 Conveyance of Trust Mortgage Loans...........................................................117 SECTION ...............................................................60 Section 2.02 Acceptance of the Trust Fund by Trustee......................................................120 SECTION ....................................................63 Section 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 SECTION ..........................64 Section 2.04 Representations and Warranties of Depositor..................................................126 SECTION ................................................67 Section 2.05 Conveyance of Loan Mortgage Loans; Acceptance of REMIC Regular Interests I by Trustee.............................68 Section 2.06 Execution, Authentication and Delivery of Class R-I Certificates...........................69 Section 2.07 Conveyance of REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 SECTION 2.07 .................69 Section 2.08 Execution, Authentication and Delivery of REMIC II Certificates..............................128 SECTION 2.08 ............................69 Section 2.09 Execution, Authentication and Delivery of Class Y Z-I and Class AZ-MFL II Certificates...............129 ............69 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND.......................................................70

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 .......................................................................47 SECTION 2.02 2.02. Acceptance of the Trust Fund by Trustee......................................................120 ............................................................48 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 ..................................49 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 ........................................................52 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests.....................................................................53 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 .........................54 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates..................................54 SECTION 2.08. Conveyance of REMIC Interests and II Regular Interests; Acceptance of REMIC I Interests.......................................128 III by Trustee.......................54 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 ...................................54 SECTION 2.08 2.10. Execution, Authentication and Delivery of Class Y and Class A-MFL L Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND.....................................55

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 .................................. 43 SECTION 2.02 2.02. Acceptance of the Trust Fund REMIC I by Trustee......................................................120 .............................. 44 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 .................................................. 45 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 ................... 46 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests......... 48 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 ........................... 48 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 SECTION 2.07 2.07. Execution, Authentication and Delivery of REMIC II Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ....................................... 48 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUNDFUND SECTION 3.01. Administration of 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 Trust Mortgage Loans...........................................................117 ..................................... 75 SECTION 2.02 Acceptance of the Trust Fund by Trustee......................................................120 .......................... 78 SECTION 2.03 Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 .................................................... 80 SECTION 2.04 Representations and Warranties of Depositor..................................................126 ...................... 84 SECTION 2.05 Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts Trust Y by Trustee...............................128 ....................... 86 SECTION 2.06 Issuance of Loan REMIC Interests and REMIC I Interests.......................................128 .................................... 86 SECTION 2.07 Execution, Authentication and Delivery of REMIC II Certificates..............................128 .. 86 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUNDY................ 87

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Creation of Trust; Conveyance of Trust Mortgage Loans...........................................................117 ............................................59 SECTION 2.02 2.02. Acceptance of the Trust Fund by Trustee......................................................120 ........................................................61 SECTION 2.03 Mortgage Loan Seller's 2.03. Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 ; the Special Reserve Account................................62 SECTION 2.04 Representations 2.04. Representations, Warranties and Warranties Covenants of the Depositor..................................................126 .................................67 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests..................................................................89 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 .................90 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates; Creation of REMIC Interests and II Regular Interests.................................................................90 SECTION 2.08. Conveyance of REMIC I II Regular Interests.......................................128 ; Acceptance of REMIC III by Trustee...............90 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 SECTION 2.08 Execution, Authentication and Delivery of Class Y and Class A-MFL Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND...........................90

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES; ORIGINAL ISSUANCE OF CERTIFICATES. SECTION 2.01 2.01. Conveyance of Trust Mortgage Loans...........................................................117 ....................................43 SECTION 2.02 2.02. Acceptance of the Trust Fund by Trustee......................................................120 .........................44 SECTION 2.03 2.03. Mortgage Loan Seller's Repurchase or Substitution of Trust Mortgage Loans for Document Defects and Breaches of Representations and Warranties....................................122 ...............................45 SECTION 2.04 2.04. Representations and Warranties of Depositor..................................................126 .....................47 SECTION 2.05 2.05. Execution, Authentication and Delivery of Class R-I Certificates; Creation of REMIC I Regular Interests....................................................49 SECTION 2.06. Conveyance of Loan REMIC Regular Interests and REMIC I Regular Interests; Acceptance of Loan REMIC, REMIC I, REMIC II and Grantor Trusts by Trustee...............................128 .......................................49 SECTION 2.06 Issuance 2.07. Execution, Authentication and Delivery of Loan Class R-II Certificates.................................................49 SECTION 2.08. Conveyance of REMIC Interests and II Regular Interests; Acceptance of REMIC I Interests.......................................128 III by Trustee......................................50 SECTION 2.07 2.09. Execution, Authentication and Delivery of REMIC II III Certificates..............................128 .................................................50 SECTION 2.08 2.10. Execution, Authentication and Delivery of Class Y and Class A-MFL L Certificates...............129 ARTICLE III ADMINISTRATION AND SERVICING OF THE TRUST FUND.................................................50