Common use of Creation of Series 2013-VF1 Notes Clause in Contracts

Creation of Series 2013-VF1 Notes. The Series 2013-VF1 Notes are known as “NRZ Servicer Advance Receivables Trust BC Advance Receivables Backed Notes, Series 2013-VF1 Notes” and were issued pursuant to the Original Supplement. The Series 2013-VF1 Notes shall not be subordinated to any other Series of Notes. The Series 2013-VF1 Notes were issued in four (4) Classes of Variable Funding Notes (Class A-VF1, Class B-VF1, Class C-VF1 and Class D-VF1) (the “Series 2013-VF1 Variable Funding Notes”), with the Initial Note Balances, Maximum VFN Principal Balances, Stated Maturity Dates, Revolving Period, Note Interest Rates, Expected Repayment Dates and other terms as specified in this Indenture Supplement. The Series 2013-VF1 Notes are secured by the Trust Estate Granted to the Indenture Trustee pursuant to the Base Indenture. The Indenture Trustee shall hold the Trust Estate as collateral security for the benefit of the Noteholders of the Series 2013-VF1 Notes and all other Series of Notes issued under the Indenture as described therein. In the event that any term or provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Base Indenture, the terms and provisions of this Indenture Supplement shall govern to the extent of such conflict.

Creation of Series 2013-VF1 Notes. The Series 2013-VF1 Notes are known as “NRZ Servicer Advance Receivables Trust BC CS Advance Receivables Backed Notes, Series 2013-VF1 Notes” and were issued pursuant to the Original Supplement. The Series 2013-VF1 Notes shall not be subordinated to any other Series of Notes. The Series 2013-VF1 Notes were issued in four one (41) Classes Class of Variable Funding Notes (Class A-VF1, Class B-VF1, Class C-VF1 and Class D-VF1) (the “Series 2013-VF1 Variable Funding Notes”), with the Initial Note Balances, Maximum VFN Principal BalancesBalance, if applicable, Stated Maturity DatesDate, Revolving Period, Note Interest RatesRate, Expected Repayment Dates Date and other terms as specified in this Indenture Supplement. The Series 2013-VF1 Notes are secured by the Trust Estate Granted to the Indenture Trustee pursuant to the Base Indenture. The Indenture Trustee shall hold the Trust Estate as collateral security for the benefit of the Noteholders of the Series 2013-VF1 Notes and all other Series of Notes issued under the Indenture as described therein. In the event that any term or provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Base Indenture, the terms and provisions of this Indenture Supplement shall govern to the extent of such conflict.

Creation of Series 2013-VF1 Notes. The There are hereby created, effective as of the Issuance Date, the Series 2013-VF1 Notes are Notes, to be issued pursuant to the Base Indenture and this Indenture Supplement, to be known as “NRZ Servicer Nationstar Agency Advance Receivables Funding Trust BC 2013-VF1 Advance Receivables Backed Notes, Series 2013-VF1 Notes.” and were issued pursuant to the Original Supplement. The Series 2013-VF1 Notes shall not be subordinated to any other Series of Notes. The Series 2013-VF1 Notes were are issued in four (4) Classes of Variable Funding Notes (Class A-VF1, Class B-VF1, Class C-VF1 VF1, and Class D-VF1) (the “Series 2013-VF1 Variable Funding Notes”), with the Initial Note Balances, Maximum VFN Principal Balances, Stated Maturity Dates, Revolving Period, Note Interest Rates, Expected Repayment Dates and other terms as specified in this Indenture Supplement, to be known as the Advance Receivables Backed Notes, Series 2013-VF1. The Series 2013-VF1 Notes are shall be secured by the Trust Estate Granted to the Indenture Trustee pursuant to the Base Indenture. The Indenture Trustee shall hold the Trust Estate as collateral security for the benefit of the Noteholders of the Series 2013-VF1 Notes and all other Series of Notes issued under the Indenture as described therein. In the event that any term or provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Base Indenture, the terms and provisions of this Indenture Supplement shall govern to the extent of such conflict.