Common use of DISTRIBUTIONS AND ADVANCES BY THE SERVICER Clause in Contracts

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. Section 4.01 Advances......................................................95 Section 4.02 Priorities of Distribution....................................96 Section 4.03 Monthly Statements to Certificateholders.....................103 Section 4.04 Certain Matters Relating to the Determination of LIBOR.......106 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 ARTICLE V THE CERTIFICATES Section 5.01 The Certificates.............................................108 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 Section 5.04 Persons Deemed Owners........................................115 Section 5.05 Access to List of Certificateholders' Names and Addresses....115 Section 5.06 Maintenance of Office or Agency..............................115 ARTICLE VI THE DEPOSITOR, THE SERVICER AND THE LOAN PERFORMANCE ADVISOR

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 63 Section 4.01 Advances......................................................95 ..............................................63 Section 4.02 Priorities of Distribution....................................96 ............................64 Section 4.03 Cross-Collateralization; Adjustments to Available Funds.......................................67 Section 4.04 [Reserved]............................................68 Section 4.05 Allocation of Realized Losses.........................68 Section 4.06 Monthly Statements to Certificateholders.....................103 Section 4.04 Certain Matters Relating to the Determination of LIBOR.......106 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 ..............69 ARTICLE V FIVE THE CERTIFICATES CERTIFICATES...............................................73 Section 5.01 The Certificates.............................................108 ......................................73 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 .................73 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 ..........................................77 Section 5.04 Persons Deemed Owners........................................115 .................................77 Section 5.05 Access to List of Certificateholders' Names and Addresses....115 .........................................77 Section 5.06 Maintenance of Office or Agency..............................115 .......................78 ARTICLE VI SIX THE DEPOSITOR, THE SERVICER DEPOSITOR AND THE LOAN PERFORMANCE ADVISORSERVICER..................................79

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. Section 4.01 Advances......................................................95 .....................................................65 Section 4.02 Priorities of Distribution....................................96 ...................................66 Section 4.03 Monthly Statements to Certificateholders.....................103 71 Section 4.04 Certain Matters Relating to the Determination of LIBOR.......106 .......................................74 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 74 ARTICLE V THE CERTIFICATES Section 5.01 The Certificates.............................................108 74 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 ......................75 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 80 Section 5.04 Persons Deemed Owners........................................115 80 Section 5.05 Access to List of Certificateholders' Names and Addresses....115 ........................................80 Section 5.06 Maintenance of Office or Agency..............................115 81 -ii- TABLE OF CONTENTS (continued) Page ---- ARTICLE VI THE DEPOSITOR, THE SERVICER DEPOSITOR AND THE LOAN PERFORMANCE ADVISORSERVICER

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 57 Section 4.01 Advances......................................................95 ............................................57 Section 4.02 Priorities of Distribution....................................96 ..........................58 Section 4.03 [Reserved]..........................................61 Section 4.04 [Reserved]..........................................61 Section 4.05 Allocation of Realized Losses.......................61 Section 4.06 Monthly Statements to Certificateholders.....................103 ............62 Section 4.04 Certain Matters Relating to the 4.07 [Reserved]..........................................63 Section 4.08 Determination of LIBOR.......106 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 Pass-Through Rates for LIBOR Certificates........................................63 ARTICLE V FIVE THE CERTIFICATES CERTIFICATES...............................................65 Section 5.01 The Certificates.............................................108 ....................................65 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 ........................65 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 ........................................69 Section 5.04 Persons Deemed Owners........................................115 ...............................69 Section 5.05 Access to List of Certificateholders' Names and Addresses....115 ...........................................69 Section 5.06 Maintenance of Office or Agency..............................115 .....................70 ARTICLE VI SIX THE DEPOSITOR, THE SERVICER DEPOSITOR AND THE LOAN PERFORMANCE ADVISORSERVICER..................................71

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. 92 Section 4.01 Advances......................................................95 .............................................................92 Section 4.02 Priorities of Distribution....................................96 ...........................................93 Section 4.03 Monthly Statements to Certificateholders.....................103 ............................100 Section 4.04 Certain Matters Relating to the Determination of LIBOR.......106 ..............103 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 .........................104 ARTICLE V THE CERTIFICATES CERTIFICATES.............................................................104 Section 5.01 The Certificates.............................................108 ....................................................104 Section 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 .....................................................104 Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 ...................109 Section 5.04 Persons Deemed Owners........................................115 ...............................................110 Section 5.05 Access to List of Certificateholders' Names and Addresses....115 ...........110 Section 5.06 Maintenance of Office or Agency..............................115 .....................................110 ARTICLE VI THE DEPOSITOR, THE SERVICER DEPOSITOR AND THE LOAN PERFORMANCE ADVISORSERVICER..............................................110

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. Section 4.01 55 SECTION 4.01. Advances......................................................95 Section 4.02 ................................ 55 SECTION 4.02. Priorities of Distribution....................................96 Section 4.03 .............. 56 SECTION 4.03. Monthly Statements to Certificateholders.....................103 Section 4.04 Certain Matters Relating to the Determination of LIBOR.......106 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section 4.06 Swap Account.................................................107 ...................... 57 ARTICLE V THE CERTIFICATES Section 5.01 CERTIFICATES............................................................ 59 SECTION 5.01. The Certificates.............................................108 Section 5.02 ........................ 59 SECTION 5.02. Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 Section 5.03 ... 60 SECTION 5.03. Mutilated, Destroyed, Lost or Stolen Certificates............115 Section 5.04 ............................ 65 SECTION 5.04. Persons Deemed Owners........................................115 Section 5.05 ................... 66 SECTION 5.05. Access to List of Certificateholders' Names and Addresses....115 Section 5.06 ..................... 66 SECTION 5.06. Maintenance of Office or Agency..............................115 ARTICLE VI THE DEPOSITOR, THE SERVICER AND THE LOAN PERFORMANCE ADVISOR......... 67

DISTRIBUTIONS AND ADVANCES BY THE SERVICER. Section 73 SECTION 4.01 Advances......................................................95 Section Advances by the Servicer..................................73 SECTION 4.02 Priorities of Distribution....................................96 Section ................................73 SECTION 4.03 REMIC I Realized Losses...................................77 SECTION 4.04 Monthly Statements to Certificateholders.....................103 Section 4.04 Certain Matters Relating ..................77 SECTION 4.05 Servicer to the Determination of LIBOR.......106 Section 4.05 Allocation of Applied Realized Loss Amounts..................107 Section Cooperate.....................................81 SECTION 4.06 Swap Account.................................................107 Guarantee Agreement.......................................81 ARTICLE V THE CERTIFICATES Section CERTIFICATES................................................82 SECTION 5.01 The Certificates.............................................108 Section ..........................................82 SECTION 5.02 Certificate Register; Registration of Transfer and Exchange of Certificates....................................109 Section ..................................82 SECTION 5.03 Mutilated, Destroyed, Lost or Stolen Certificates............115 Section .........88 SECTION 5.04 Persons Deemed Owners........................................115 Section .....................................89 SECTION 5.05 Access to List of Certificateholders' Names and Addresses....115 Section .................................................89 SECTION 5.06 Maintenance of Office or Agency..............................115 ARTICLE VI THE DEPOSITOR, THE SERVICER AND THE LOAN PERFORMANCE ADVISOR...........................89