Common use of Disclosure of Fees and Charges Clause in Contracts

Disclosure of Fees and Charges. All fees and charges (including finance charges), whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan, have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. SCHEDULE VII Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2004-HE1 Representations and Warranties of NC Capital as to the NC Capital Mortgage Loans -------------------------------------------- NC Capital hereby makes the representations and warranties set forth in this Schedule VII, as to NC Capital Mortgage Loans only, to the Depositor and the Trustee, as of February 26, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule VII shall have the meanings ascribed thereto in the NC Capital Purchase Agreement. (1) Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of February 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Disclosure of Fees and Charges. All fees and charges (including finance charges), whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan, have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. SCHEDULE VII VIII Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Through Certificates Series 2004-HE1 HE2 Representations and Warranties of NC Capital as to the NC Capital Mortgage Loans -------------------------------------------- NC Capital hereby makes the representations and warranties set forth in this Schedule VIIVIII, as to NC Capital Mortgage Loans only, to the Depositor Depositor, the Servicers and the Trustee, as of February 26April 29, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule VII VIII shall have the meanings ascribed thereto in the NC Capital Purchase Agreement. (1) Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of February April 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Disclosure of Fees and Charges. All fees and charges (including finance charges), whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan, have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. SCHEDULE VII Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2004-HE1 HE5 Representations and Warranties of NC Capital -------------------------------------------- as to the NC Capital Mortgage Loans -------------------------------------------- ----------------------------------- NC Capital hereby makes the representations and warranties set forth in this Schedule VII, as to NC Capital Mortgage Loans only, to the Depositor Depositor, the Servicers and the Trustee, as of February 26July 27, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule VII shall have the meanings ascribed thereto in the NC Capital Purchase Agreement. (1) Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of February July 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Disclosure of Fees and Charges. All fees and charges (including finance charges), whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan, have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. SCHEDULE VII VIII Morgan Stanley ABS Capital I Inc. Mortgage PassXxxx-Xxxxxxh Xxxxxxicates Xhxxxxx Xertificates Series 2004-HE1 HE4 Representations and Warranties of NC Capital -------------------------------------------- as to the NC Capital Mortgage Loans -------------------------------------------- ----------------------------------- NC Capital hereby makes the representations and warranties set forth in this Schedule VIIVIII, as to NC Capital Mortgage Loans only, to the Depositor Depositor, the Servicers and the Trustee, as of February 26June 29, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule VII VIII shall have the meanings ascribed thereto in the NC Capital Purchase Agreement. (1) Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of February June 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Disclosure of Fees and Charges. All fees and charges (including finance charges), whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan, have been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation. SCHEDULE VII VIII Morgan Stanley ABS Capital I Inc. Mortgage Pass-Xxxxxxh Xxxxxxicates Series 2004-HE1 HE2 Representations and Warranties of NC Capital as to the NC Capital Mortgage Loans -------------------------------------------- NC Capital hereby makes the representations and warranties set forth in this Schedule VIIVIII, as to NC Capital Mortgage Loans only, to the Depositor Depositor, the Servicers and the Trustee, as of February 26April 29, 2004 (the "Securitization Closing Date") (unless otherwise expressly indicated). Capitalized terms used but not otherwise defined in this Schedule VII VIII shall have the meanings ascribed thereto in the NC Capital Purchase Agreement. (1) Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of February April 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;