Common use of DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES Clause in Contracts

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 Section 2.02. Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 Section 2.03. Representations and Warranties of the Depositor. 68 Section 2.04. Discovery of Breach. 69 Section 2.05. Repurchase, Purchase or Substitution of Mortgage Loans. 70 Section 2.06. Grant Clause. 71 Section 3.01. The Certificates. 73 Section 3.02. Registration. 74 Section 3.03. Transfer and Exchange of Certificates. 74 Section 3.04. Cancellation of Certificates. 81 Section 3.05. Replacement of Certificates. 81 Section 3.06. Persons Deemed Owners. 81 Section 3.07. Temporary Certificates. 81 Section 3.08. Appointment of Paying Agent. 82 Section 3.09. Book-Entry Certificates. 83 Section 4.01. Collection Account. 84 Section 4.02. Application of Funds in the Collection Account. 86 Section 4.03. Reports to Certificateholders. 89 Section 4.04. Certificate Account. 93 Section 4.05. [Reserved]. 94

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 59 Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 63 Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 65 Section 2.04. 2.04 Discovery of Breach. 69 66 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 67 Section 2.06. 2.06 Grant Clause. 71 68 Section 3.01. 3.01 The Certificates. 73 69 Section 3.02. 3.02 Registration. 74 71 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 71 Section 3.04. 3.04 Cancellation of Certificates. 81 77 Section 3.05. 3.05 Replacement of Certificates. 81 77 Section 3.06. 3.06 Persons Deemed Owners. 81 78 Section 3.07. 3.07 Temporary Certificates. 81 78 Section 3.08. 3.08 Appointment of Paying Agent. 82 78 Section 3.09. 3.09 Book-Entry Certificates. 83 79 Section 4.01. 4.01 Collection Account. 84 81 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 83 Section 4.03. 4.03 Reports to Certificateholders. 89 85 Section 4.04. 4.04 Certificate Account. 93 89 Section 4.054.05 Securities Administration Account. [Reserved]90 Section 5.01 Distributions Generally. 9492 Section 5.02 Distributions from the Certificate Account. 92 Section 5.03 Allocation of Losses. 105 Section 5.04 Advances by Master Servicer, Servicers and Securities Administrator. 105 Section 5.05 Compensating Interest Payments. 106 Section 5.06 Basis Risk Reserve Fund. 107 Section 5.07 Supplemental Interest Trust. 107 Section 5.08 Rights of Swap Counterparty. 109 Section 5.09 Termination Receipts. 109

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 57 Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 62 Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 63 Section 2.04. 2.04 Discovery of Breach. 69 65 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 66 Section 2.06. 2.06 Grant Clause. 71 67 Section 3.01. 3.01 The Certificates. 73 68 Section 3.02. 3.02 Registration. 74 69 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 70 Section 3.04. 3.04 Cancellation of Certificates. 81 76 Section 3.05. 3.05 Replacement of Certificates. 81 76 Section 3.06. 3.06 Persons Deemed Owners. 81 77 Section 3.07. 3.07 Temporary Certificates. 81 77 Section 3.08. 3.08 Appointment of Paying Agent. 82 77 Section 3.09. 3.09 Book-Entry Certificates. 83 78 Section 4.01. 4.01 Collection Account. 84 80 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 82 Section 4.03. 4.03 Reports to Certificateholders. 89 84 Section 4.04. 4.04 Certificate Account. 93 88 Section 4.05. 4.05 [Reserved]] 89 Section 5.01 Distributions Generally. 9489 Section 5.02 Distributions from the Certificate Account. 90 Section 5.03 Allocation of Losses. 103 Section 5.04 Advances by Master Servicer, Servicer and Trustee. 103 Section 5.05 Compensating Interest Payments. 104 Section 5.06 Basis Risk Reserve Fund. 105 Section 5.07 Supplemental Interest Trust. 105 Section 5.08 Rights of Swap Counterparty. 107 Section 5.09 Termination Receipts. 107

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 60 Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 65 Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 66 Section 2.04. 2.04 Discovery of Breach. 69 68 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 68 Section 2.06. 2.06 Grant Clause. 71 69 Section 3.01. 3.01 The Certificates. 73 71 Section 3.02. 3.02 Registration. 74 72 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 72 Section 3.04. 3.04 Cancellation of Certificates. 81 79 Section 3.05. 3.05 Replacement of Certificates. 81 79 Section 3.06. 3.06 Persons Deemed Owners. 81 79 Section 3.07. 3.07 Temporary Certificates. 81 79 Section 3.08. 3.08 Appointment of Paying Agent. 82 80 Section 3.09. 3.09 Book-Entry Certificates. 83 81 Section 4.01. 4.01 Collection Account. 84 82 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 84 Section 4.03. 4.03 Reports to Certificateholders. 89 87 Section 4.04. 4.04 Certificate Account. 93 91 Section 4.054.05 Securities Administration Account. [Reserved]92 Section 5.01 Distributions Generally. 9494 Section 5.02 Distributions from the Certificate Account. 94 Section 5.03 Allocation of Losses. 106 Section 5.04 Advances by Master Servicer, Servicers and Securities Administrator. 106 Section 5.05 Compensating Interest Payments. 107 Section 5.06 Basis Risk Reserve Fund. 108 Section 5.07 Supplemental Interest Trust. 108 Section 5.08 Rights of Swap Counterparty. 110 Section 5.09 Termination Receipts. 110

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 . Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 . Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 Section 2.04. 2.04 Discovery of Breach. 69 50 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 50 Section 2.06. 2.06 Grant Clause. 71 52 Section 3.01. 3.01 The Certificates. 73 Section 3.02. 3.02 Registration. 74 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 Section 3.04. 3.04 Cancellation of Certificates. 81 60 Section 3.05. 3.05 Replacement of Certificates. 81 60 Section 3.06. 3.06 Persons Deemed Owners. 81 60 Section 3.07. 3.07 Temporary Certificates. 81 61 Section 3.08. 3.08 Appointment of Paying Agent. 82 61 Section 3.09. 3.09 Book-Entry Certificates. 83 61 Section 4.01. 4.01 Collection Account. 84 63 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 65 Section 4.03. 4.03 Reports to Certificateholders. 89 67 Section 4.04. 4.04 Certificate Account. 93 70 Section 4.05. [Reserved]. 944.05 Securities Administration Account.

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 . Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 . Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 Section 2.04. 2.04 Discovery of Breach. 69 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 62 Section 2.06. 2.06 Grant Clause. 71 63 Section 3.01. 3.01 The Certificates. 73 64 Section 3.02. 3.02 Registration. 74 66 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 66 Section 3.04. 3.04 Cancellation of Certificates. 81 71 Section 3.05. 3.05 Replacement of Certificates. 81 71 Section 3.06. 3.06 Persons Deemed Owners. 81 72 Section 3.07. 3.07 Temporary Certificates. 81 72 Section 3.08. 3.08 Appointment of Paying Agent. 82 72 Section 3.09. 3.09 Book-Entry Certificates. 83 Section 4.01. 4.01 Collection Account. 84 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 76 Section 4.03. 4.03 Reports to Certificateholders. 89 Section 4.04. 4.04 Certificate Account. 93 82 Section 4.054.05 Securities Administration Account. [Reserved]Section 5.01 Distributions Generally. 9484 Section 5.02 Distributions from the Certificate Account. 85 Section 5.03

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 Section 2.02. 2.02 Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 Fund Section 2.03. 2.03 Representations and Warranties of the Depositor. 68 Depositor Section 2.04. 2.04 Discovery of Breach. 69 Breach 67 Section 2.05. 2.05 Repurchase, Purchase or Substitution of Mortgage Loans. 70 Loans 67 Section 2.06. 2.06 Grant Clause. Clause Section 3.01 The Certificates Section 3.02 Registration 71 Section 3.01. The Certificates. 73 Section 3.02. Registration. 74 Section 3.03. 3.03 Transfer and Exchange of Certificates. 74 Certificates 72 Section 3.04. 3.04 Cancellation of Certificates. 81 Certificates 78 Section 3.05. 3.05 Replacement of Certificates. 81 Certificates 78 Section 3.06. 3.06 Persons Deemed Owners. 81 Owners 78 Section 3.07. 3.07 Temporary Certificates. 81 Certificates Section 3.08. 3.08 Appointment of Paying Agent. 82 Agent Section 3.09. 3.09 Book-Entry Certificates. 83 Certificates Section 4.01. 4.01 Collection Account. 84 Account 81 Section 4.02. 4.02 Application of Funds in the Collection Account. 86 Account 83 Section 4.03. 4.03 Reports to Certificateholders. Certificateholders 85 Section 4.04 Certificate Account 89 Section 4.04. 4.05 Securities Administration Account 90 Section 5.01 Distributions Generally 92 Section 5.02 Distributions from the Certificate Account. Account 93 Section 4.05. [Reserved]. 945.03 Allocation of Losses 106 Section 5.04 Advances by Master Servicer, Servicers and Securities Administrator 106 Section 5.05 Compensating Interest Payments 107

DECLARATION OF TRUST; ISSUANCE OF CERTIFICATES. Section 2.01. Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. 62 58 Section 2.02. Acceptance of Trust Fund by Trustee: Review of Documentation for Trust Fund. 66 63 Section 2.03. Representations and Warranties of the Depositor. 68 64 Section 2.04. Discovery of Breach. 69 66 Section 2.05. Repurchase, Purchase or Substitution of Mortgage Loans. 70 67 Section 2.06. Grant Clause. 71 68 Section 3.01. The Certificates. 73 69 Section 3.02. Registration. 74 70 Section 3.03. Transfer and Exchange of Certificates. 74 71 Section 3.04. Cancellation of Certificates. 81 77 Section 3.05. Replacement of Certificates. 81 77 Section 3.06. Persons Deemed Owners. 81 77 Section 3.07. Temporary Certificates. 81 78 Section 3.08. Appointment of Paying Agent. 82 78 Section 3.09. Book-Entry Certificates. 83 79 Section 4.01. Collection Account. 84 81 Section 4.02. Application of Funds in the Collection Account. 86 83 Section 4.03. Reports to Certificateholders. 89 85 Section 4.04. Certificate Account. 93 89 Section 4.05. [Reserved]] 90 Section 5.01. 94Distributions Generally. 90 Section 5.02. Distributions from the Certificate Account. 91 Section 5.03. Allocation of Losses. 105 Section 5.04. Advances by Master Servicer, Servicer and Trustee. 105 Section 5.05. Compensating Interest Payments. 106 Section 5.06. Basis Risk Reserve Fund. 106 Section 5.07. Supplemental Interest Trust. 107 Section 5.08. Rights of Swap Counterparty. 109 Section 5.09. Termination Receipts. 109