Common use of Conveyance of the REMIC Clause in Contracts

Conveyance of the REMIC. I Regular Interests; Acceptance of REMIC II by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I Regular Interests for the benefit of the Class R Certificateholders and REMIC II (as holder of the REMIC I Regular Interests). The Trustee acknowledges receipt of the REMIC I Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class R Certificateholders and REMIC II (as holder of the REMIC I Regular Interests). The rights of the Class R Certificateholders and REMIC II (as holder of the REMIC I Regular Interests) to receive distributions from the proceeds of REMIC II in respect of the Class R Certificates and REMIC II Certificates, respectively, and all ownership interests evidenced or constituted by the Class R Certificates and the REMIC II Certificates, shall be as set forth in this Agreement. The Trustee acknowledges the assignment to it of the REMIC I Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II Certificates, constitute the entire beneficial ownership interest in REMIC II.

Conveyance of the REMIC. I I-A Regular Interests and the REMIC I-B Regular Interests; Acceptance of REMIC II by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I I-A Regular Interests and the REMIC I-B Regular Interests for the benefit of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A Regular Interests and the REMIC I-B Regular Interests). The Trustee acknowledges receipt of the REMIC I I-A Regular Interests and the REMIC I-B Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A Regular Interests and the REMIC I-B Regular Interests). The rights of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A Regular Interests and the REMIC I-B Regular Interests) to receive distributions from the proceeds of REMIC II in respect of the Class R Certificates R-II Interest and REMIC II CertificatesRegular Interests, respectively, and all ownership interests evidenced or constituted by the Class R Certificates R-II Interest and the REMIC II CertificatesRegular Interests, shall be as set forth in this Agreement. The Trustee acknowledges the assignment to it of the REMIC I Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II Certificates, constitute the entire beneficial ownership interest in REMIC II.

Conveyance of the REMIC. I Regular Interests and REMIC II Regular Interests; Acceptance of REMIC I and REMIC II by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I Regular Interests for the benefit of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I Regular Interests). The Trustee acknowledges receipt of the REMIC I Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Holders of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I Regular Interests). The rights of the Holder of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I Regular Interests) to receive distributions from the proceeds of REMIC II in respect of the Class R Certificates R-II Interest and REMIC II Regular Interests, respectively, and all ownership interests evidenced or constituted by the Class R-II Interest and the REMIC II Regular Interests, shall be as set forth in this Agreement. The Class R-II Interest and the REMIC II Regular Interests shall constitute the entire beneficial ownership interest in REMIC II. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC II Regular Interests for the benefit of the Class R-III Interest and REMIC III (as holder of the REMIC II Regular Interests). The Trustee acknowledges receipt of the REMIC II Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Holders of the Class R-III Interest and REMIC III (as holder of the REMIC II Regular Interests). The rights of the Holder of the Class R-III Interest and REMIC III (as holder of the REMIC II Regular Interests) to receive distributions from the proceeds of REMIC III in respect of the Class R-III Interest and Regular Certificates, respectively, and all ownership interests evidenced or constituted by the Class R Certificates R-III Interest and the REMIC II Regular Certificates, shall be as set forth in this Agreement. The Trustee acknowledges Class R-III Interest and the assignment to it of the REMIC I Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II Certificates, shall constitute the entire beneficial ownership interest in REMIC IIIII.

Conveyance of the REMIC. I III Regular Interests; Acceptance of REMIC II IV by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I III Regular Interests for the benefit of the Class R R- Certificateholders and REMIC II IV (as holder of the REMIC I III Regular Interests). The Trustee acknowledges receipt of the REMIC I III Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class R Certificateholders and REMIC II IV (as holder of the REMIC I III Regular Interests). The rights of the Class R Certificateholders and REMIC II IV (as holder of the REMIC I III Regular Interests) to receive distributions from the proceeds of REMIC II IV in respect of the Class R Certificates and REMIC II IV Certificates, respectively, and all ownership interests evidenced or constituted by the Class R Certificates and the REMIC II IV Certificates, shall be as set forth in this Agreement. The Trustee acknowledges the assignment to it of the REMIC I III Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II IV Certificates, constitute the entire beneficial ownership interest in REMIC IIIV.

Conveyance of the REMIC. I II Regular Interests; Acceptance of REMIC II III by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I II Regular Interests for the benefit of the Class R R- Certificateholders and REMIC II III (as holder of the REMIC I II Regular Interests). The Trustee acknowledges receipt of the REMIC I II Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class R Certificateholders and REMIC II III (as holder of the REMIC I II Regular Interests). The rights of the Class R Certificateholders and REMIC II III (as holder of the REMIC I II Regular Interests) to receive distributions from the proceeds of REMIC II III in respect of the Class R Certificates and REMIC II III Certificates, respectively, and all ownership interests evidenced or constituted by the Class R Certificates and the REMIC II III Certificates, shall be as set forth in this Agreement. The Trustee acknowledges the assignment to it of the REMIC I II Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II III Certificates, constitute the entire beneficial ownership interest in REMIC IIIII.

Conveyance of the REMIC. I I-A Regular Interests, REMIC I-B Regular Interests and REMIC I-C Regular Interests; Acceptance of REMIC II by the Trustee; Issuance of Class R Certificates. The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee, without recourse all the right, title and interest of the Depositor in and to the REMIC I I-A Regular Interests, the REMIC I-B Regular Interests and the REMIC I-C Regular Interests for the benefit of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A -84- Regular Interests, the REMIC I-B Regular Interests and the REMIC I-C Regular Interests). The Trustee acknowledges receipt of the REMIC I I-A Regular Interests, the REMIC I-B Regular Interests and the REMIC I-C Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of all present and future Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A Regular Interests, the REMIC I-B Regular Interests and the REMIC I-C Regular Interests). The rights of the Class R Certificateholders R-II Interest and REMIC II (as holder of the REMIC I I-A Regular Interests, the REMIC I-B Regular Interests and the REMIC I-C Regular Interests) to receive distributions from the proceeds of REMIC II in respect of the Class R Certificates R-II Interest and REMIC II CertificatesRegular Interests, respectively, and all ownership interests evidenced or constituted by the Class R Certificates R-II Interest and the REMIC II CertificatesRegular Interests, shall be as set forth in this Agreement. The Trustee acknowledges the assignment to it of the REMIC I Regular Interests and, concurrently therewith and in exchange therefor, pursuant to the written request of the Depositor executed by an officer of the Depositor or the Trustee has executed, authenticated and delivered to or upon the order of the Depositor, the Class R Certificates in authorized denominations. The interests evidenced by the Class R Certificates, together with the REMIC II Certificates, constitute the entire beneficial ownership interest in REMIC II.