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

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery of Certificates....................................................91 Section 2.07 Covenants of the Master Servicer...............................................................91

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 53 Section 2.01 Conveyance of Mortgage Loans...................................................................55 ............................53 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ........................57 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller..........................59 Section 2.04 Representations and Warranties of the Depositor................................................88 .........71 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...........................73 Section 2.06 Authentication and Delivery of Certificates....................................................91 .............73 Section 2.07 Covenants of the Master Servicer...............................................................91........................73

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ...................................61 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ....................68 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 .......................................74 Section 2.04 Representations and Warranties of the Depositor................................................88 ................92 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..................................93 Section 2.06 Authentication and Delivery of Certificates....................................................91 ....................94 Section 2.07 Covenants of the Master Servicer...............................................................91...............................94

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans..................................................................................................55 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers..................................................68 Section 2.04 Representations and Warranties of the Depositor............................................................88 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..............................89 Section 2.06 Authentication and Delivery of Certificates....................................................91 ................90 Section 2.07 Covenants of the Master Servicer...............................................................91...........................90

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 47 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 51 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 54 Section 2.04 Representations and Warranties of the Depositor................................................88 72 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 74 Section 2.06 Authentication and Delivery of Certificates....................................................91 74 Section 2.07 Covenants of the Master Servicer...............................................................9175

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ..................................51 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ...................58 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ......................................64 Section 2.04 Representations and Warranties of the Depositor................................................88 ...............83 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 .................................84 Section 2.06 Authentication and Delivery of Certificates....................................................91 ...................85 Section 2.07 Covenants of the Master Servicer...............................................................91..............................85

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ...............................................................31 Section 2.02 Acceptance by the Trustee of the Mortgage Loans....................................................63 ............................................33 Section 2.03 Representations, Warranties and Covenants of the Master Servicer Responsible Party and the Sellers...............68 Servicer........34 Section 2.04 Representations The Depositor and Warranties of the Depositor................................................88 Mortgage Loans.......................................................37 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions Substitution and Repurchases................90 Repurchase, Non-Qualified Mortgages................................................................37 Section 2.06 Authentication Execution and Delivery of Certificates....................................................91 .....................................................37 Section 2.07 Covenants of the Master Servicer...............................................................912.07

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 53 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 60 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 66 Section 2.04 Representations and Warranties of the Depositor................................................88 86 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 88 Section 2.06 Authentication and Delivery of Certificates....................................................91 88 Section 2.07 Covenants of the Master Servicer...............................................................9189

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 55 Section 2.01 Conveyance of Mortgage Loans..................................................................................................55 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ...........................59 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller.............................61 Section 2.04 Representations and Warranties of the Depositor................................................88 ............73 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 .........................75 Section 2.06 Authentication and Delivery of Certificates....................................................91 ................75 Section 2.07 Covenants of the Master Servicer...............................................................91..................................76

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 .................................................44 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ..................................48 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ..................................................................51 Section 2.04 Representations and Warranties of the Depositor................................................88 ..............................68 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..................................................................69 Section 2.06 Authentication and Delivery of Certificates....................................................91 ..................................70 Section 2.07 Covenants of the Master Servicer...............................................................91.............................................70

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 48 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 48 Section 2.02 2.02. Acceptance by the Trustee of the Mortgage Loans....................................................63 ................................................50 Section 2.03 2.03. Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Depositor.....................................51 Section 2.04 2.04. Representations and Warranties of the Depositor................................................88 Servicer.................................................55 Section 2.05 Delivery of Opinion of Counsel in Connection with 2.05. Substitutions and Repurchases................90 Repurchases of Mortgage Loans which are not "Qualified Mortgages"............56 Section 2.06 2.06. Authentication and Delivery of Certificates....................................................91 Section 2.07 Covenants of the Master Servicer...............................................................9157

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 36 Section 2.01 2.1 Conveyance of Mortgage Loans...................................................................55 ........................................................................36 Section 2.02 2.2 Acceptance by Trustee of the Mortgage Loans....................................................63 .........................................................39 Section 2.03 2.3 Representations, Warranties and Covenants of the Master Depositor and Servicer and the Sellers...............68 Master Servicer.........40 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 2.4 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitutions.....................................46 Section 2.06 Authentication 2.5 Execution and Delivery of Certificates....................................................91 ..............................................................46 Section 2.07 Covenants 2.6 Purchase of the Master ServicerSubsequent Mortgage Loans...............................................................9146 Section 2.7 Pre-Funding Account and Capitalized Interest Account................................................48

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 79 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 Section 2.02 Trust Fund..................................79 SECTION 2.02. Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Trustee.................................85 SECTION 2.03. Representations and Warranties of the Depositor................................................88 Section 2.05 Sellers, Master Servicer and Servicers.............................87 SECTION 2.04. Representations and Warranties of the Depositor as to the Mortgage Loans..................................89 SECTION 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery Substitutions......................... 89 SECTION 2.06. Issuance of Certificates....................................................91 Section 2.07 ..................................90 SECTION 2.07. REMIC Provisions..........................................90 SECTION 2.08. Covenants of the Master Servicer and each Servicer...............................................................91........96 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 .................................................56 Section 2.02 Acceptance by Trustee of the Mortgage Loans......................................................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ..................................................................69 Section 2.04 Representations and Warranties of the Depositor..............................................................................88 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases..................................................................................90 Section 2.06 Authentication and Delivery of Certificates....................................................91 ..................................90 Section 2.07 Covenants of the Master Servicer............................................................................................................91

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 .................................................49 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ..................................53 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ..................................................................56 Section 2.04 Representations and Warranties of the Depositor................................................88 ..............................74 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..................................................................75 Section 2.06 Authentication and Delivery of Certificates....................................................91 ..................................76 Section 2.07 Covenants of the Master Servicer...............................................................91.............................................76

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 44 Section 2.01 2.01. Conveyance of Mortgage Loans...................................................................55 .................................................. 44 Section 2.02 2.02. Acceptance by the Trustee of the Mortgage Loans....................................................63 ............................... 46 Section 2.03 2.03. Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Depositor.................... 47 Section 2.04 2.04. Representations and Warranties of the Depositor................................................88 Servicer................................ 51 Section 2.05 Delivery of Opinion of Counsel in Connection with 2.05. Substitutions and Repurchases................90 Repurchases of Mortgage Loans which are not "Qualified Mortgages".................................................................... 53 Section 2.06 2.06. Authentication and Delivery of Certificates....................................................91 Section 2.07 Covenants of the Master Servicer...............................................................91................................... 53

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 . ........................................................53 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 . .........................................60 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 .......................................................66 Section 2.04 Representations and Warranties of the Depositor................................................88 ...................................... 86 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...................................................87 Section 2.06 Authentication and Delivery of Certificates....................................................91 . .........................................88 Section 2.07 Covenants of the Master Servicer...............................................................91......................................................88

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 38 Section 2.01 2.1 Conveyance of Mortgage Loans...................................................................55 .............................................................38 Section 2.02 2.2 Acceptance by Trustee of the Mortgage Loans....................................................63 ..............................................41 Section 2.03 2.3 Representations, Warranties and Covenants of the Master Depositor and Servicer and the Sellers...............68 Master Servicer................................................................................43 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 2.4 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitutions..........................49 Section 2.06 Authentication 2.5 Execution and Delivery of Certificates...................................................49 Section 2.6 Purchase of Subsequent Mortgage Loans....................................................91 49 Section 2.07 Covenants of the Master Servicer...............................................................912.7 Pre-Funding Account......................................................................51

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 45 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 Section 2.02 Trust Fund..................................45 SECTION 2.02. Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Trustee.................................48 SECTION 2.03. Representations and Warranties of the Depositor................................................88 Section 2.05 Seller, Master Servicer and Servicers.............................50 SECTION 2.04. Representations and Warranties of the Depositor as to the Mortgage Loans.....................................52 SECTION 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery Substitutions.............................................52 SECTION 2.06. Issuance of Certificates....................................................91 Section 2.07 ..................................53 SECTION 2.07. REMIC Provisions..........................................53 SECTION 2.08. Covenants of the Master Servicer and each Servicer...............................................................91........58 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ................................38 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 .................44 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller..........................49 Section 2.04 Representations and Warranties of the Depositor................................................88 .............61 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...............................62 Section 2.06 Authentication and Delivery of Certificates....................................................91 .................63 Section 2.07 Covenants of the Master Servicer...............................................................91............................63 Section 2.08 Seller Loss Coverage Obligation.............................64

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ...............................................................68 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ...........................................................75 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller............78 Section 2.04 Representations and Warranties of the Depositor................................................88 ............................................91 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ............93 Section 2.06 Authentication and Delivery of Certificates....................................................91 ................................................94 Section 2.07 Covenants of the Master Servicer...............................................................91...........................................................94

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 2.01. Conveyance of Mortgage Loans...................................................................55 ............................................................... 51 Section 2.02 2.02. Acceptance by the Trustee or Trust Administrator of the Mortgage Loans....................................................63 ..................... 55 Section 2.03 2.03. Representations, Warranties and Covenants of the Master Servicer Originator and the Sellers...............68 Servicer............... 56 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 2.04. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitution; Non-Qualified Mortgages.... 59 Section 2.06 Authentication 2.05. Execution and Delivery of Certificates....................................................91 ..................................................... 59 Section 2.07 2.06. Representations and Warranties of the Depositor............................................ 60 Section 2.07. Representations, Warranties and Covenants of the Servicer, the Originator and the Master Servicer...............................................................91................................................................................... 61

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 47 Section 2.01 Conveyance of Mortgage Loans...................................................................55 47 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 51 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller................54 Section 2.04 Representations and Warranties of the Depositor................................................88 70 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 71 Section 2.06 Authentication and Delivery of Certificates....................................................91 72 Section 2.07 Covenants of the Master Servicer...............................................................9172 Section 2.08 Rights of the Guarantor........................................................................72

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ..................................................................45 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ...................................................51 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the SellersSeller...............68 56 Section 2.04 Representations and Warranties of the Depositor................................................88 ...............................................71 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...............73 Section 2.06 Authentication and Delivery of Certificates....................................................91 ...................................................74 Section 2.07 Covenants of the Master Servicer...............................................................91..............................................................74 Section 2.08 Rights of the Guarantor.......................................................................74 ARTICLE III.

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 40 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 Section 2.02 Trust Fund..............................................................40 SECTION 2.02. Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Trustee.............................................................40 SECTION 2.03. Representations and Warranties of the Depositor................................................88 Section 2.05 Seller, Master Servicer and Servicers...........41 SECTION 2.04. Representations and Warranties of the Depositor as to the Mortgage Loans..............41 SECTION 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery Substitutions.......................41 SECTION 2.06. Issuance of Certificates....................................................91 Section 2.07 ..............................................................41 SECTION 2.07. REMIC Provisions......................................................................41 SECTION 2.08. Covenants of the Master Servicer and each Servicer...............................................................91....................................46 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 56 Section 2.01 Conveyance of Mortgage Loans...................................................................55 .......................................................56 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ...................................................60 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller.............................................................................62 Section 2.04 Representations and Warranties of the Depositor................................................88 ....................................74 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ........................................................................76 Section 2.06 Authentication and Delivery of Certificates....................................................91 ........................................76 Section 2.07 Covenants of the Master Servicer...............................................................91...................................................76

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 51 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 58 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 64 Section 2.04 Representations and Warranties of the Depositor................................................88 84 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 86 Section 2.06 Authentication and Delivery of Certificates....................................................91 86 Section 2.07 Covenants of the Master Servicer...............................................................9187

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 45 Section 2.01 Conveyance of Mortgage Loans...................................................................55 45 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 53 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 59 Section 2.04 Representations and Warranties of the Depositor................................................88 76 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 77 Section 2.06 Authentication and Delivery of Certificates....................................................91 78 Section 2.07 Covenants of the Master Servicer...............................................................9178 Section 2.08 Sponsor Loss Coverage Obligation...............................................................79

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 50 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 57 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 62 Section 2.04 Representations and Warranties of the Depositor................................................88 81 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 82 Section 2.06 Authentication and Delivery of Certificates....................................................91 83 Section 2.07 Covenants of the Master Servicer...............................................................9183

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 56 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 61 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 63 Section 2.04 Representations and Warranties of the Depositor................................................88 82 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 84 Section 2.06 Authentication and Delivery of Certificates....................................................91 84 Section 2.07 Covenants of the Master Servicer...............................................................9185 Section 2.08 Rights of the Guarantor........................................................................85

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 75 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 Section 2.02 Trust Fund..................................75 SECTION 2.02. Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Trustee.................................81 SECTION 2.03. Representations and Warranties of the Depositor................................................88 Section 2.05 Sellers, Master Servicer and Servicers.............................83 SECTION 2.04. Representations and Warranties of the Depositor as to the Mortgage Loans.....................................85 SECTION 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery Substitutions.............................................85 SECTION 2.06. Issuance of Certificates....................................................91 Section 2.07 ..................................86 SECTION 2.07. REMIC Provisions..........................................86 SECTION 2.08. Covenants of the Master Servicer and each Servicer...............................................................91........92 ARTICLE III

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 38 Section 2.01 2.1 Conveyance of Mortgage Loans...................................................................55 ................................................................. 38 Section 2.02 2.2 Acceptance by Trustee of the Mortgage Loans....................................................63 .................................................. 41 Section 2.03 2.3 Representations, Warranties and Covenants of the Master Depositor and Servicer and the Sellers...............68 Master Servicer.. 43 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 2.4 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitutions.............................. 49 Section 2.06 Authentication 2.5 Execution and Delivery of Certificates....................................................91 ....................................................... 49 Section 2.07 Covenants 2.6 Purchase of the Master Servicer...............................................................91Subsequent Mortgage Loans........................................................ 49 Section 2.7 Pre-Funding Account.......................................................................... 51

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 .................................................41 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ..................................48 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ......................................................................53 Section 2.04 Representations and Warranties of the Depositor................................................88 ..............................69 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..................................................................70 Section 2.06 Authentication and Delivery of Certificates....................................................91 ..................................71 Section 2.07 Covenants of the Master Servicer...............................................................91.............................................71

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 2.01. Conveyance of Mortgage Loans...................................................................55 ................................................................ 51 Section 2.02 2.02. Acceptance by the Trustee or Trust Administrator of the Mortgage Loans....................................................63 ...................... 55 Section 2.03 2.03. Representations, Warranties and Covenants of the Master Servicer Originator and the Sellers...............68 Servicer................ 56 Section 2.04 Representations and Warranties of the Depositor................................................88 Section 2.05 2.04. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitution; Non-Qualified Mortgages..... 59 Section 2.06 Authentication 2.05. Execution and Delivery of Certificates....................................................91 ...................................................... 60 Section 2.07 2.06. Representations and Warranties of the Depositor............................................. 60 Section 2.07. Representations, Warranties and Covenants of the Servicer, the Originator and the Master Servicer...............................................................91.................................................................................... 62

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 56 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 69 Section 2.04 Representations and Warranties of the Depositor................................................88 89 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 91 Section 2.06 Authentication and Delivery of Certificates....................................................91 Section 2.07 Covenants of the Master Servicer...............................................................9192

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 37 Section 2.01 Conveyance of Mortgage Loans...................................................................55 37 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 41 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller................43 Section 2.04 Representations and Warranties of the Depositor................................................88 54 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 56 Section 2.06 Authentication and Delivery of Certificates....................................................91 57 Section 2.07 Covenants of the Master Servicer...............................................................9157 Section 2.08 Seller Loss Coverage Obligation................................................................57

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 50 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 57 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 63 Section 2.04 Representations and Warranties of the Depositor................................................88 81 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 82 Section 2.06 Authentication and Delivery of Certificates....................................................91 83 Section 2.07 Covenants of the Master Servicer...............................................................9183

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ..........................................................39 Section 2.02 Acceptance by the Trustee of the Mortgage Loans....................................................63 .......................................42 Section 2.03 Representations, Warranties Warranties, and Covenants of the Master Servicer Seller and the Sellers...............68 Master Servicer..............................................................................44 Section 2.04 Representations and Warranties of the Depositor................................................88 Depositor as to the Mortgage Loans..............45 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Substitutions.......................46 Section 2.06 Authentication Execution and Delivery of Certificates....................................................91 ................................................46 Section 2.07 Covenants of the Master Servicer...............................................................912.07

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ...................................40 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ....................44 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller.................................................46 Section 2.04 Representations and Warranties of the Depositor................................................88 ................57 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ................................................59 Section 2.06 Authentication and Delivery of Certificates....................................................91 ....................59 Section 2.07 Covenants of the Master Servicer...............................................................91...............................59

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 43 Section 2.01 Conveyance of Mortgage Loans...................................................................55 43 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 50 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 56 Section 2.04 Representations and Warranties of the Depositor................................................88 73 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 74 Section 2.06 Authentication and Delivery of Certificates....................................................91 75 Section 2.07 Covenants of the Master Servicer...............................................................9175 Section 2.08 Sponsor Loss Coverage Obligation...............................................................76

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 46 Section 2.01 Conveyance of Mortgage Loans...................................................................55 46 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 50 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 53 Section 2.04 Representations and Warranties of the Depositor................................................88 70 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 71 Section 2.06 Authentication and Delivery of Certificates....................................................91 72 Section 2.07 Covenants of the Master Servicer...............................................................9172

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 .................................................59 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 ..................................64 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 ..................................................................67 Section 2.04 Representations and Warranties of the Depositor................................................88 ..............................85 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ..................................................................87 Section 2.06 Authentication and Delivery of Certificates....................................................91 ..................................87 Section 2.07 Covenants of the Master Servicer...............................................................91.............................................88

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 77 SECTION 2.01. Conveyance of Mortgage Loans...................................................................55 Section 2.02 Trust Fund..................................77 SECTION 2.02. Acceptance by Trustee of the Mortgage Loans....................................................63 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Section 2.04 Trustee.................................80 SECTION 2.03. Representations and Warranties of the Depositor................................................88 Section 2.05 Seller, Master Servicer and Servicers.............................82 SECTION 2.04. Representations and Warranties of the Depositor as to the Mortgage Loans.....................................85 SECTION 2.05. Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 Section 2.06 Authentication and Delivery Substitutions.............................................85 SECTION 2.06. Issuance of Certificates....................................................91 Section 2.07 ..................................85 SECTION 2.07. REMIC Provisions..........................................85 SECTION 2.08. Covenants of the Master Servicer and each Servicer.......................................................................91

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 66 Section 2.01 Conveyance of Mortgage Loans...................................................................55 66 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 74 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 80 Section 2.04 Representations and Warranties of the Depositor................................................88 ...............................................100 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...............102 Section 2.06 Authentication and Delivery of Certificates....................................................91 ...................................................102 Section 2.07 Covenants of the Master Servicer...............................................................91..............................................................103

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 38 Section 2.01 2.01. Conveyance of Mortgage Loans...................................................................55 .............................................................. 38 Section 2.02 2.02. Acceptance by the Trustee of the Mortgage Loans....................................................63 ........................................... 41 Section 2.03 2.03. Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Depositor................................ 42 Section 2.04 2.04. Representations and Warranties of the Depositor................................................88 Servicer............................................ 46 Section 2.05 Delivery of Opinion of Counsel in Connection with 2.05. Substitutions and Repurchases................90 Repurchases of Mortgage Loans that are not "Qualified Mortgages"................................................................................ 48 Section 2.06 2.06. Authentication and Delivery of Certificates....................................................91 Section 2.07 Covenants of the Master Servicer...............................................................91............................................... 48

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 40 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 47 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 52 Section 2.04 Representations and Warranties of the Depositor................................................88 69 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 71 Section 2.06 Authentication and Delivery of Certificates....................................................91 71 Section 2.07 Covenants of the Master Servicer...............................................................9172

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. 36 Section 2.01 Conveyance of Mortgage Loans...................................................................55 36 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 40 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller................43 Section 2.04 Representations and Warranties of the Depositor................................................88 56 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 57 Section 2.06 Authentication and Delivery of Certificates....................................................91 58 Section 2.07 Covenants of the Master Servicer...............................................................9158

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 ................................38 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 .................44 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 Seller.....................................49 Section 2.04 Representations and Warranties of the Depositor................................................88 .............61 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...............................62 Section 2.06 Authentication and Delivery of Certificates....................................................91 .................63 Section 2.07 Covenants of the Master Servicer...............................................................91............................63 Section 2.08 Seller Loss Coverage Obligation.............................64

CONVEYANCE OF MORTGAGE LOANS; REPRESENTATIONS AND WARRANTIES. Section 2.01 Conveyance of Mortgage Loans...................................................................55 67 Section 2.02 Acceptance by Trustee of the Mortgage Loans....................................................63 74 Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Sellers...............68 80 Section 2.04 Representations and Warranties of the Depositor................................................88 99 Section 2.05 Delivery of Opinion of Counsel in Connection with Substitutions and Repurchases................90 ...............101 Section 2.06 Authentication and Delivery of Certificates....................................................91 ...................................................101 Section 2.07 Covenants of the Master Servicer...............................................................91..............................................................102 Section 2.08 Rights of the Guarantor.......................................................................102