Common use of Distributions from the Certificate Account Clause in Contracts

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee shall apply an amount on deposit in the Certificate Account equal to the Available Distribution Amount in the following order of priority: (i) from the Available Distribution Amount, to the Senior Certificateholders (other than the Class PO Certificateholders) all amounts distributable pursuant to paragraph (b)(i); (ii) the balance, if any, of the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the amounts distributable pursuant to (b)(ii)(A) below, up to the Non-PO Senior Optimal Principal Amount and to the Class PO Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) below; (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant to, Section 6.01(c) below; and (iv) to the Class R Certificateholders the balance, if any, of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A) to the Class I-A1 Certificateholders, (1) the Class I-A1 Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding Distribution Date; (B) to the Class I-A2 Certificateholders (1) the Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction of the principal balance of such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; and

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal to the Available Distribution Amount with respect to each Loan Pool, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority: (i) from the Available Distribution AmountAmount for each Loan Pool, to each Class of Senior Certificates or Component in the Senior Certificateholders related Certificate Group (other than any related Class of Principal Only Certificates), the Class PO CertificateholdersAccrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's or Component's allocable share of any Net Prepayment Interest Shortfalls for the related Loan Pool for such Distribution Date; provided, however, that any shortfall in available amounts for each Loan Pool shall be allocated among the Classes or Component of the related Certificate Group in proportion to the amount of Accrued Certificate Interest (as so reduced) all amounts that would otherwise be distributable pursuant to paragraph (b)(i)thereon; (ii) the balance, if any, of from the Available Distribution Amount shall be distributed firstfor each Loan Pool, to each Class of Senior Certificates or Component in the Non-PO Senior Certificateholders related Certificate Group (other than any related Class of Principal Only Certificates), any related Interest Shortfall for such Distribution Date; provided, however, that any shortfall in available amounts for each Loan Pool shall be allocated among the Class IO Certificateholders) Classes or Component of the related Certificate Group in the amounts distributable pursuant to (b)(ii)(A) below, up proportion to the Non-PO Senior Optimal Principal Amount and to the Interest Shortfall for each such Class PO Certificates, the Class PO Certificate or Component on such Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) belowDate; (iii) subject to paragraph (b) belowfrom the remaining Available Distribution Amount for each Loan Pool, to the Subordinate CertificateholdersSenior Certificates or Components of the related Certificate Group (other than any Class of Notional Certificates), as follows: (A) to the A1(A) Component, the balanceA1(B) Component, if anythe A2(1) Component, of the A3(1) Component and the APO (1) Component, from the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) abovePool 1 for such Distribution Date, in accordance withreduction of their respective Class Principal Amounts or Component Principal Amounts, concurrently, as follows: (1) to the A1(A) Component, the A1(B) Component, the A2(1) Component and the A3(1) Component, in an amount up to the amounts calculated pursuant toSenior Principal Distribution Amount for Pool 1 for such Distribution Date, Section 6.01(cin the following order of priority: (a) belowto the A1(A) Component, until the Component Principal Amount thereof has been reduced to zero; (b) pro rata, the A1(B) Component and the A3(1) Component, until the respective Component Principal Amounts thereof have been reduced to zero; (c) to the A2(1) Component, until the Component Principal Amount thereof has been reduced to zero; (2) to the APO(1) Component, the APO Principal Distribution Amount for Pool 1 for such Distribution Date, until the Component Principal Amount thereof has been reduced to zero; (B) to the A2(2) Component, the A3(2) Component and the APO(2) Component, in reduction of their respective Component Principal Amounts, from the Available Distribution Amount for Pool 2, concurrently, as follows: (1) pro rata, to the A2(2) Component and the A3(2) Component, in an amount up to the Senior Principal Distribution Amount for Pool 2, until the Component Principal Amount thereof has been reduced to zero; and (2) to the Class APO(2) Component, the APO Principal Distribution Amount thereof for Pool 2 for such Distribution Date, until the Component Principal Amount thereof has been reduced to zero; (C) to the A3(3) Component and the APO(3) Component, in reduction of their respective Component Principal Amounts from the Available Distribution Amount for Pool 3, concurrently, as follows: (1) to the Class A3(3) Component, the Senior Principal Distribution Amount for Pool 3, until the Component Principal Amount thereof has been reduced to zero; and (2) to the APO(3) Component, the APO Principal Distribution Amount for Pool 3, until the Component Principal Amount thereof has been reduced to zero; and (iv) on each Distribution Date on and after the Credit Support Depletion Date, to the Class R Certificateholders the balance, if any, extent of the remaining Available Distribution Amount for any Loan Pool the related Senior Certificates and Components of which have been reduced to zero, pro rata, to each Class or Component of Senior Certificates remaining after outstanding, on the distributions provided basis of their respective Class Principal Amounts or Component Principal Amounts, any Non-APO Senior Certificate Deferred Amount for that Class or Component; provided, however, that any Non-APO Senior Certificate Deferred Amount in paragraphs (i) through (iii) above.respect of the Class A1 Certificates shall only be paid to the extent of such Class's pro rata share of any such remaining Available Distribution Amount in respect of Pool 1 and any other Loan Pool all of the remaining Assistance Loans in which are, at the time such payment is made in respect of any Non-APO Senior Certificate Deferred Amount for the Class A1 Certificates, Xxxxxx Mae Conforming Mortgage Loans; (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (iv) to the APO(1), APO(2) and APO(3) Components, to the extent of the amounts available remaining Available Distribution Amount for distribution the related Loan Pool, the Component Deferred Amount for that Component, until the related Component Principal Amount has been reduced to zero; provided, however, that (x) distributions pursuant to paragraph this priority shall not exceed the Subordinate Principal Distribution Amount for the related Loan Pool for such date; and (a)(iy) above are sufficientsuch amounts will not reduce the Component Principal Amounts of such Components; and; (vi) from the remaining Available Distribution Amount for all Loan Pools, to the Subordinated Certificates, in the following order of priority: (A) to the Class I-A1 CertificateholdersB1 Certificates, (1) the Class I-A1 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (B) to the Class I-A2 Certificateholders (1) the B1 Certificates, any Interest Shortfall for such Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding on such Distribution Date; (C) to the Class I-A3 Certificateholders (1) B1 Certificates, in reduction of the Class I-A3 Interest Accrual Principal Amount plus (2) the thereof, such Class's Subordinate Class I-A3 Shortfall from the preceding Percentage of each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Certificate Principal Balance thereof has been reduced to zero; (D) to the Class I-A4 Certificateholders (1) B2 Certificates, the Class I-A4 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (E) to the Class I-A5 Certificateholders (1) the B2 Certificates, any Interest Shortfall for such Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding on such Distribution Date; (F) to the Class I-A6 Certificateholders (1) B2 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class I-A6 Interest Accrual Principal Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Datethereof has been reduced to zero; (G) to the Class I-A7 Certificateholders (1) B3 Certificates, the Class I-A7 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (H) to the Class I-A8 Certificateholders (1) the B3 Certificates, any Interest Shortfall for such Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding on such Distribution Date; (I) to the Class IO CertificateholdersB3 Certificates, (1) in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class IO Interest Accrual Principal Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; andthereof has been reduced to zero; (J) to the Class R CertificateholdersB4 Certificates, (1) the Class R Accrued Certificate Interest Accrual Amount plus (2) the Class R Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (AK) to the Class I-A4 Certificates until B4 Certificates, any Interest Shortfall for such Class on such Distribution Date; (L) to the Class B4 Certificates, in reduction of the principal balance Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of each Subordinate Principal Distribution Amount for such class Distribution Date, except as provided in Section 5.02(c), until the Certificate Principal Balance thereof has been reduced to zero; (M) to the Targeted Class B5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (N) to the Class B5 Certificates, any Interest Shortfall for such Class on such Distribution Date; (O) to the Class B5 Certificates, in reduction of the Certificate Principal BalanceAmount thereof, such Class's Subordinate Class Percentage of each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class Principal Balance thereof has been reduced to zero; (P) to the Class B6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (Q) to the Class B6 Certificates, any Interest Shortfall for such Class on such Distribution Date; and (BR) to the Class I-A5 Certificates B6 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the principal balance of such class Certificate Principal Balance thereof has been reduced to zero. (iiib) to Net Prepayment Interest Shortfalls for each Loan Pool shall be allocated among the Non-PO Senior Certificateholders Certificates and Components of the related Certificate Group (other than any related Principal Only Certificates) pro rata based on (i) in the Class IO Certificateholders), up to case of the related Non-PO APO Senior Optimal Certificates, the Accrued Certificate Interest otherwise distributable thereon, and (ii) in the case of the Subordinate Certificates, interest accrued on the related Apportioned Principal Amount, allocated among the Non-PO Senior Certificates Balances. (other than the Class IO Certificatesc) as follows ; Except after (i) If on any Distribution Date the Credit Support Depletion DatePercentage for the Class B1 Certificates is less than the Original Credit Support Percentage for such Class, distributions in respect of principal will be made on each Distribution Date then, notwithstanding anything to the Non-PO Senior Certificates as contrary in Section 5.02(a), no distribution of amounts described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: in clauses (Aii) to the Class R Certificates until the principal balance and (iii) of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; andthe

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal to Account, the Available Distribution Amount with respect to each Collateral Group, and shall distribute such amount to the Holders of record of each Class of Certificates, in the following order of priority: (i) from the Available Distribution AmountAmount for each Collateral Group, to the each Class of Senior Certificateholders Certificates (or related Component) relating to such Collateral Group (other than the Class PO CertificateholdersAP Certificates), the Accrued Certificate Interest thereon for such Distribution Date, as reduced, in each case, by such Class’s (or related Component’s) all allocable share of any Net Prepayment Interest Shortfalls for the related Collateral Group for such Distribution Date; provided, however, that any shortfall in available amounts for each Collateral Group shall be allocated among the Classes of Senior Certificates related to such Collateral Group in proportion to the amount of Accrued Certificate Interest (as so reduced) that would otherwise be distributable pursuant thereon; provided, further, that prior to paragraph (b)(itheir related Accretion Termination Date, such amounts otherwise distributable to the Class 1-A12 and Class 1-A13 Certificates shall instead be added to the Class Principal Amount thereof and will be distributed as provided in Section 5.02(a)(iii); (ii) from the balance, if any, of the remaining Available Distribution Amount shall be distributed firstfor each Collateral Group, to the Non-PO each Class of Senior Certificateholders Certificates (or related Component) relating to such Collateral Group (other than the Class IO CertificateholdersAP Certificates), any related Interest Shortfall for such Distribution Date; provided, however, that any shortfall in available amounts for each Collateral Group shall be allocated among the Classes of Senior Certificates (or related Component) related to such Collateral Group in the amounts distributable pursuant to (b)(ii)(A) below, up proportion to the Non-PO Senior Optimal Principal Amount and amount of such interest (as so reduced) related that would otherwise be distributable thereon provided, further, that prior to their related Accretion Termination Date, such amounts otherwise distributable to the Class PO Certificates, the 1-A12 and Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, 1-A13 Certificates shall instead be added to the Class PO Certificates, the Class PO Shortfall Amount, Principal Amount thereof and will be distributed as provided in accordance with paragraph (b)(v) belowSection 5.02(a)(iii); (iii) subject from the remaining Available Distribution Amount for each Collateral Group to paragraph the Senior Certificates (bother than any related Notional Certificates) belowas set forth in the Senior Principal Priorities attached as Exhibit O hereto; (iv) from the remaining Available Distribution Amounts for all Collateral Groups (other than Collateral Group P) to the Class AP Certificates to the extent of the remaining Available Distribution Amounts for such Collateral Groups, any AP Deferred Amount for such Class and Distribution Date, until the Certificate Principal Amount thereof has been reduced to zero; provided, however, that (A) distributions pursuant to this priority shall not exceed the aggregate Subordinate Principal Distribution Amount for such Collateral Groups for such date; and (B) such amounts will not reduce the Certificate Principal Amount of the Class AP Certificates; (v) from the remaining Available Distribution Amounts for all the Collateral Groups (other than Collateral Group P), to the Subordinate CertificateholdersCertificates, subject to the balance, if any, prior distribution of the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) aboveamounts pursuant to Section 5.02(f), in accordance with, and up to the amounts calculated pursuant to, Section 6.01(c) below; and (iv) to the Class R Certificateholders the balance, if any, following order of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficientpriority: (A) pro rata, to the Class IM-1A and Class M1-A1 CertificateholdersB Certificates, (1) the Class I-A1 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding thereon for such Distribution Date, as reduced by each such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (B) pro rata, to the Class I-A2 Certificateholders (1) the M-1A and Class I-A2 M-1B Certificates, any Interest Accrual Amount plus (2) the Shortfall for such Class I-A2 Shortfall from the preceding on such Distribution Date; (C) pro rata, to the Class I-A3 Certificateholders (1) M-1A and Class M-1B Certificates, in reduction of the Class I-A3 Interest Accrual Principal Amount plus (2) thereof, such Classes’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class I-A3 Shortfall from the preceding Distribution DatePrincipal Amount thereof has been reduced to zero; (D) to the Class I-A4 Certificateholders (1) B1 Certificates, the Class I-A4 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (E) to the Class I-A5 Certificateholders (1) the B1 Certificates, any Interest Shortfall for such Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding on such Distribution Date; (F) to the Class I-A6 Certificateholders (1) B1 Certificates, in reduction of the Class I-A6 Interest Accrual Principal Amount plus (2) thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class I-A6 Shortfall from the preceding Distribution DatePrincipal Amount thereof has been reduced to zero; (G) to the Class I-A7 Certificateholders (1) B2 Certificates, the Class I-A7 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (H) to the Class I-A8 Certificateholders (1) the B2 Certificates, any Interest Shortfall for such Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding on such Distribution Date; (I) to the Class IO CertificateholdersB2 Certificates, (1) in reduction of the Class IO Interest Accrual Principal Amount plus (2) thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class IO Shortfall from the preceding Distribution Date; andPrincipal Amount thereof has been reduced to zero; (J) to the Class R CertificateholdersB3 Certificates, (1) the Class R Accrued Certificate Interest Accrual Amount plus (2) the Class R Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (AK) to the Class I-A4 Certificates until B3 Certificates, any Interest Shortfall for such Class on such Distribution Date; (L) to the Class B3 Certificates, in reduction of the principal balance Class Principal Amount thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such class Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class Principal Amount thereof has been reduced to zero; (M) to the Targeted Class B4 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (N) to the Class B4 Certificates, any Interest Shortfall for such Class on such Distribution Date; (O) to the Class B4 Certificates, in reduction of the Class Principal BalanceAmount thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class Principal Amount thereof has been reduced to zero; (P) to the Class B5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (Q) to the Class B5 Certificates, any Interest Shortfall for such Class on such Distribution Date; (R) to the Class B5 Certificates, in reduction of the Class Principal Amount thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class Principal Amount thereof has been reduced to zero; (S) to the Class B6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (T) to the Class B6 Certificates, any Interest Shortfall for such Class on such Distribution Date; (U) to the Class B6 Certificates, in reduction of the Class Principal Amount thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the Class Principal Amount thereof has been reduced to zero; (V) to the Class B7 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class’s allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (W) to the Class B7 Certificates, any Interest Shortfall for such Class on such Distribution Date; and (BX) to the Class I-A5 Certificates B7 Certificates, in reduction of the Class Principal Amount thereof, such Class’s Subordinate Class Percentage of the Subordinate Principal Distribution Amount for each such Collateral Group on such Distribution Date, except as provided in Section 5.02(d), until the principal balance of such class Class Principal Amount thereof has been reduced to zero. (iiib) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, Net Prepayment Interest Shortfalls for each Collateral Group shall be allocated among the Senior Certificates related to such Collateral Group (including any interest-bearing Component thereof and excluding the Class AP Certificates) and the Subordinate Certificates pro rata based on (i) in the case of the related Non-PO AP Senior Certificates (and any such Component), the Accrued Certificate Interest otherwise distributable thereon, and (ii) in the case of the Subordinate Certificates, interest accrued on the related Apportioned Principal Balances. (c) After the applicable Credit Support Depletion Date, the Senior Distribution Amount with respect to Collateral Group 1 remaining after distribution of interest to the related Non-AP Senior Certificates on such date shall be distributed among the related Classes of Senior Certificates proportionately, on the basis of their respective Class Principal Amounts immediately prior to such Distribution Date, regardless of the priorities and amounts set forth in Section 5.02(a)(iii). (d) With respect to each Class of Subordinate Certificates (other than the Class IO M-1A and Class M-1B Certificates) as follows ; Except after ), if on any Distribution Date the Credit Support Depletion DatePercentage for that Class is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of the related Subordinate Principal Distribution Amount will be made to any Subordinate Certificates of lower priority. Any such amounts will be distributed proportionately to such Class of Subordinate Certificates entitled to distributions in respect such clauses (ii) and (iii) of principal will be made the definition of Subordinate Principal Distribution Amount on each such date. Any amount not distributed in respect of any Class on any Distribution Date pursuant to the Non-PO Senior immediately preceding paragraph shall be allocated among the remaining Classes of Subordinate Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal in proportion to their respective Class Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; andAmounts.

Distributions from the Certificate Account. (a) On each Distribution Date, Date the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account equal Account), and amounts that are available for payment to the Available Swap Counterparty, and shall allocate such amount to the interests issued in respect of each REMIC created pursuant to this Agreement and shall distribute such amount as specified in this Section; provided, that amounts that are available for payment to the Swap Counterparty shall be paid on the related Swap Payment Date. (b) On each Distribution Date (or, with respect to clauses (i) and (ii) below, on the related Swap Payment Date) the Trustee shall distribute the Interest Remittance Amount for Pool 1 for such date in the following order of priority: (i) from for deposit into the Available Distribution AmountSupplemental Interest Trust Account, an amount equal to the Senior Certificateholders lesser of (other than x) the Class PO Certificateholdersproduct of (A) all amounts distributable pursuant the amount of any Net Swap Payment or Swap Termination Payment owed to paragraph the Swap Counterparty on the related Swap Payment Date and (b)(i)B) the Pool Percentage for Pool 1 for such Distribution Date and (y) the Interest Remittance Amount for Pool 1 for such Distribution Date; (ii) for deposit into the balanceSupplemental Interest Trust Account, if any, the amount of the Available Distribution Amount shall be distributed first, any Net Swap Payment or Swap Termination Payment owed to the Non-PO Senior Certificateholders Swap Counterparty (other than the Class IO Certificateholders) in the amounts distributable after giving effect to distributions made pursuant to (b)(ii)(Asubsection 5.02(c)(i) below, up to the Non-PO Senior Optimal Principal Amount and to the Class PO Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) below); (iii) subject to paragraph (b) below, to the Subordinate CertificateholdersClass A1 Certificates, the balanceCurrent Interest and any Carryforward Interest for such Class and such Distribution Date; and (iv) for application pursuant to clause 5.02(d), if any, of the Available any Interest Remittance Amount remaining undistributed for such Distribution Amount after making the distributions provided for in paragraphs Date. (c) On each Distribution Date (or with respect to clauses (i) and (ii) abovebelow on the related Swap Payment Date), the Trustee shall distribute the Interest Remittance Amount for Pool 2 for such date in accordance withthe following order of priority: (i) for deposit into the Supplemental Interest Trust Account, and up an amount equal to the amounts calculated lesser of (x) the product of (A) the amount of any Net Swap Payment or Swap Termination Payment owed to the Swap Counterparty on the related Swap Payment Date and (B) the Pool Percentage for Pool 2 for such Distribution Date and (y) the Interest Remittance Amount for Pool 2 for such Distribution Date; (ii) for deposit into the Supplemental Interest Trust Account, the amount of any Net Swap Payment or Swap Termination Payment owed to the Swap Counterparty (after giving effect to distributions made pursuant toto subsection 5.02(b)(i) above); (iii) concurrently, Section 6.01(c) belowto each Class of Group 2 Certificates, Current Interest and any Carryforward Interest for each such Class and such Distribution Date; provided, however, that any shortfall in Current Interest and Carryforward Interest shall be allocated among such Classes in proportion to the amount of Current Interest and Carryforward Interest that would otherwise be distributable thereon; and (iv) for application pursuant to the Class R Certificateholders the balanceclause 5.02(d), if any, of the Available Distribution any Interest Remittance Amount remaining after undistributed for such Distribution Date. (d) On each Distribution Date, the distributions provided for Trustee shall distribute the aggregate of any remaining Interest Remittance Amounts from subsections 5.02(b)(iv) and 5.02(c)(iv) above in paragraphs the following order of priority: (i) through concurrently, to each Class of Senior Certificates, Current Interest and any Carryforward Interest (taking into account distributions pursuant to subsections 5.02(b)(iii) and 5.02(c)(iii) above) for each such Class and such Distribution Date; provided, however, that any shortfall in Current Interest and Carryforward Interest shall be allocated among such Classes in proportion to the amount of Current Interest and Carryforward Interest that would otherwise be distributable thereon; (ii) to each Class of Subordinate Certificates, in accordance with the Subordinate Priority, Current Interest and any Carryforward Interest for each such Class and such Distribution Date; (iii) aboveto the Credit Risk Manager, the Credit Risk Manager’s Fee; (iv) to the Trustee, any amounts reimbursable pursuant to Section 4.04(b)(i) and not previously reimbursed to the Trustee; and (v) for application as part of Monthly Excess Cashflow for such Distribution Date, as provided in subsection (f) of this Section, any Interest Remittance Amount remaining undistributed for such Distribution Date. (be) Amounts payable to the Senior Certificateholders on any On each Distribution Date or related Swap Payment Date, as applicable, the Trustee shall be distributed distribute the Principal Distribution Amount with respect to each Mortgage Pool for such date as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A) to the Class I-A1 Certificateholders, (1) the Class I-A1 Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding Distribution Date; (B) to the Class I-A2 Certificateholders (1) the Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date; (ii) On each Distribution Date (or, with respect to clauses (A)(1), (A)(2), (B)(1) and B(2) below, the related Swap Payment Date) (a) prior to the Class I-A5 Accretion Termination DateStepdown Date or (b) with respect to which a Trigger Event is in effect, the Class I-A5 Interest Accrual AmountTrustee shall make the following distributions, if anyconcurrently, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction aggregate Certificate Principal Amount of the principal balance of Offered Certificates equals the Target Amount for such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; and

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal to the Available Distribution Amount (less any amounts deducted pursuant to Section 4.04(b)(ii)), and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority: (i) to the Trustee, the Trustee Fee for such Distribution Date; (ii) to each Class of Senior Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated among the Classes of Certificates in proportion to the amount of Accrued Certificate Interest (as so reduced) that would otherwise be distributable thereon; (iii) to each Class of Senior Certificates, any related Interest Shortfall for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated among the Classes of Certificates in proportion to the Interest Shortfall for each such Class on such Distribution Date; (iv) from the remaining Available Distribution Amount, to the Senior Certificateholders Certificates (other than the any Class PO Certificateholders) all amounts distributable pursuant to paragraph (b)(iof Notional Certificates); (ii) the balance, if anyconcurrently, of the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the amounts distributable pursuant to (b)(ii)(A) below, up to the Non-PO Senior Optimal Principal Amount and to the Class PO Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) below; (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant to, Section 6.01(c) below; and (iv) to the Class R Certificateholders the balance, if any, of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A) to the Class I-A1 CertificateholdersA1, Class A2, Class A3, Class A4 and Class R Certificates, in reduction of their respective Class Principal Amounts, the Senior Principal Distribution Amount, in the following order of priority: (1) to the Class I-A1 Interest Accrual R Certificate, until the Class Principal Amount plus thereof has been reduced to zero; and (2) concurrently, to the Class I-A1 Shortfall and Class A2 Certificates, in proportion to their respective Class Principal Amounts, until the respective Class Principal Amounts thereof have been reduced to zero; and (3) concurrently, to the Class A3 and Class A4 Certificates, in proportion to their respective Class Principal Amounts, until the respective Class Principal Amounts thereof have been reduced to zero; and (B) to the Class A5 Certificates, the AP Principal Distribution Amount for such Distribution Date, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class A5 Certificates, to the extent of the remaining Available Distribution Amount, the Class AP Deferred Amount for such Class and Distribution Date, until the Class Principal Amount thereof has been reduced to zero; provided, however, that (A) distributions pursuant to this priority shall not exceed the aggregate Subordinate Principal Distribution Amount for such date; and (B) such amounts will not reduce the Class Principal Amounts of such Class; (vi) from the preceding remaining Available Distribution Amount, to the Subordinated Certificates, in the following order of priority: (A) to the Class B1 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (B) to the Class I-A2 Certificateholders (1) the B1 Certificates, any Interest Shortfall for such Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding on such Distribution Date; (C) to the Class I-A3 Certificateholders (1) B1 Certificates, in reduction of the Class I-A3 Interest Accrual Principal Amount plus (2) thereof, such Class's Subordinate Class Percentage of the Class I-A3 Shortfall from the preceding Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Certificate Principal Balance thereof has been reduced to zero; (D) to the Class I-A4 Certificateholders (1) B2 Certificates, the Class I-A4 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (E) to the Class I-A5 Certificateholders (1) the B2 Certificates, any Interest Shortfall for such Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding on such Distribution Date; (F) to the Class I-A6 Certificateholders (1) B2 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class I-A6 Interest Accrual Principal Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Datethereof has been reduced to zero; (G) to the Class I-A7 Certificateholders (1) B3 Certificates, the Class I-A7 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (H) to the Class I-A8 Certificateholders (1) the B3 Certificates, any Interest Shortfall for such Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding on such Distribution Date; (I) to the Class IO CertificateholdersB3 Certificates, (1) in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class IO Interest Accrual Principal Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; andthereof has been reduced to zero; (J) to the Class R CertificateholdersB4 Certificates, (1) the Class R Accrued Certificate Interest Accrual Amount plus (2) the Class R Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (AK) to the Class I-A4 Certificates until B4 Certificates, any Interest Shortfall for such Class on such Distribution Date; (L) to the Class B4 Certificates, in reduction of the principal balance Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such class Distribution Date, except as provided in Section 5.02(c), until the Certificate Principal Balance thereof has been reduced to zero; (M) to the Targeted Class B5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (N) to the Class B5 Certificates, any Interest Shortfall for such Class on such Distribution Date; (O) to the Class B5 Certificates, in reduction of the Certificate Principal BalanceAmount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the Class Principal Balance thereof has been reduced to zero; (P) to the Class B6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (Q) to the Class B6 Certificates, any Interest Shortfall for such Class on such Distribution Date; and (BR) to the Class I-A5 Certificates B6 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the principal balance of such class Certificate Principal Balance thereof has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; and

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee shall apply an amount on deposit in the Certificate Account equal to the Available Distribution Amount shall be withdrawn by the Trustee from the Distribution Account and allocated among the classes of Senior Certificates and Subordinate Certificates in the following order of priority: (i) Concurrently, from the related Available Distribution Amount, to the payment of the Interest Distribution Amount and any Interest Shortfalls for each Class of Senior Certificateholders (other than Certificates; provided, however, that on each Distribution Date, the Interest Distribution Amount that would otherwise be distributable to a Class PO Certificateholders) all amounts distributable pursuant of Interest-Only Certificates shall be deposited in the Basis Risk Reserve Fund to paragraph (b)(i)the extent of the Required Basis Risk Deposit for such Class and shall not be distributed to such Class; (ii) To the balance, if any, of Senior Certificates from the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the after application of amounts distributable pursuant to clause (b)(ii)(Ai) belowabove, up to the Non-PO Senior Optimal Principal Distribution Amount and first to the Class PO Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, A-R Certificates and then second, to the Class PO A-1 and Class A-2 Certificates, the pro rata, based upon their Class PO Shortfall AmountPrincipal Amounts, in accordance with paragraph (b)(v) below;until their respective Class Principal Amounts have been reduced to zero; and (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of From the Available Distribution Amount remaining after making the distributions provided for in paragraphs application of amounts pursuant to clauses (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant toClass B-1, Section 6.01(c) below; andClass B-2 and Class B-3 Certificates, sequentially, in that order, the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class on such date; (iv) to the Class R Certificateholders the balance, if any, of From the Available Distribution Amount remaining after the distributions provided for in paragraphs application of amounts pursuant to clauses (i) through (iii) above., to the Class B-1, Class B-2 and Class B-3 Certificates, sequentially, in that order, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class Principal Amount has been reduced to zero; (bv) Amounts payable [Reserved;] (vi) From the remaining Available Distribution Amount in the aggregate remaining after application of amounts pursuant to the Senior Certificateholders on any Distribution Date shall be distributed as follows: clauses (i) to through (v) in the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficientfollowing order of priority: (A) to the Class I-A1 CertificateholdersB-4 Certificates, (1) the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class I-A1 Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding Distribution Dateand date; (B) to the Class I-A2 Certificateholders (1) B-4 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A2 Interest Accrual Principal Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Datehas been reduced to zero; (C) to the Class I-A3 Certificateholders (1) B-5 Certificates, the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Dateand date; (D) to the Class I-A4 Certificateholders (1) B-5 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A4 Interest Accrual Principal Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Datehas been reduced to zero; (E) to the Class I-A5 Certificateholders (1) B-6 Certificates, the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date;and date; and (F) to the Class I-A6 Certificateholders (1) B-6 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A6 Interest Accrual Principal Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Datehas been reduced to zero; (Gvii) to To the Class IA-A7 Certificateholders (1) R Certificate, any remaining amount of the Class I-A7 Interest Accrual Available Distribution Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date;allocated as provided in Section 5.02(d). (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date; (iib) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction of the principal balance of such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except on and after the Credit Support Depletion Date, distributions in respect of principal will be made on each the Available Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will shall be distributed to the Non-PO remaining Classes of Certificates, on a pro rata basis, first, to pay the Interest Distribution Amount and any accrued but unpaid Interest Shortfalls; second, to pay the Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zeroPrincipal Distribution Amount; and (B) concurrently: (I) 27.643212908398100%and third, to the Class IA-A1 R Certificate, any remaining Available Distribution Amount. (c) Notwithstanding the priority and allocation set forth in Section 5.02(a)(iv) and Section 5.02(a)(vi) above, if with respect to any Class of Subordinate Certificates until on any Distribution Date the principal balance sum of the related Class Subordination Percentages of such class has been reduced Class and of all other Classes of Subordinate Certificates which have a higher numerical Class designation than such Class is less than the Original Applicable Credit Support Percentage for such Class, no distribution of Principal Prepayments shall be made to zeroany such Classes and the amount of such Principal Prepayment otherwise distributable to such Classes shall be distributed to any Classes of Subordinate Certificates having lower numerical Class designations than such Class, pro rata, based on the Class Principal Amounts of the respective Classes immediately prior to such Distribution Date and shall be distributed in the sequential order provided in Section 5.02(a)(iv) and Section 5.02(a)(vi) above. (d) Amounts distributed to the Residual Certificates pursuant to subparagraph (a)(vii) of this Section 5.02 on any Distribution Date shall be allocated among the REMIC residual interests represented thereby such that each such interest is allocated the excess of funds available to the related REMIC over required distributions to the regular interests in such REMIC on such Distribution Date. (e) [Reserved]. (f) To the extent a Basis Risk Shortfall is experienced on the Class X-0, Xxxxx X-0, Class A-R, Class B-1, Class B-2 or Class B-3 Certificates, the Trustee shall withdraw from the Class X-A-1 Sub-account of the Basis Risk Reserve Fund, for payment to the Class A-1 and Class A-R Certificates, concurrently, in proportion to any Basis Risk Shortfalls and Unpaid Basis Risk Shortfalls related to such Classes for such Distribution Date, from the Class X-A-2 Sub-account of the Basis Risk Reserve Fund, for payment to the Class A-2 Certificates, any Basis Risk Shortfalls or related Unpaid Basis Risk Shortfall related to such Class for such Distribution Date and from the Class X-B Sub-account of the Basis Risk Reserve Fund for payment to the Class B-1, Class B-2 and Class B-3 Certificates, sequentially in that order, any related Basis Risk Shortfall or related Unpaid Basis Risk Shortfall for such date up to in each case the amounts available therefor on deposit in the related Sub-account as provided in Section 5.06. (g) For purposes of distributions of interest in paragraph (a) of this Section 5.02 such distributions to a Class of Certificates on any Distribution Date shall be made first, in respect of Current Interest; andand second, in respect of Interest Shortfalls.

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee shall apply an amount on deposit in the Certificate Account equal to the Available Distribution Amount shall be withdrawn by the Trustee from the Distribution Account and allocated among the classes of Senior Certificates and Subordinate Certificates in the following order of priority: (i) from the Available Distribution AmountConcurrently, to the payment of the Interest Distribution Amount and any accrued but unpaid Interest Shortfalls with respect to each class of Senior Certificateholders Certificates and the Components, with, subject to the proviso set forth below, (other than the Class PO Certificateholdersx) all amounts distributable pursuant payable in respect of Component XB1, Component XB2 and Component XB3 being payable to paragraph the Class X-B Certificates; provided, however, that on each Distribution Date, amounts that would otherwise be payable to the Class X-A-1, Class X-A-2, or Class X-B Certificates under this clause (b)(i)a)(i) will (A) in the case of amounts otherwise payable to the Class X-A-1 and Class X-A-2 Certificates, be paid to the Class A Certificates to the extent of any Basis Risk Shortfalls and Unpaid Basis Risk Shortfalls for the Class A Certificates as of such Distribution Date, (B) in the case of amounts otherwise payable to the Class X-A-2 Certificates be paid to the Class A-X-1 Certificates to the extent necessary to reimburse the Class X-A-1 Certificates for prior amounts not distributed to the Class X-A-1 Certificates as a result of clause (A) above and any limitations on the Current Interest of the Class X-A-1 Certificates resulting from the Class X-A Current Interest Restriction and (C) in the case of amounts otherwise payable to the Class X-B Certificates, be paid to the Class B-1, Class B-2 and Class B-3 Certificates to the extent of any Basis Risk Shortfalls and Unpaid Basis Risk Shortfalls for the Class B-1, Class B-2 and Class B-3 Certificates, respectively, as of such Distribution Date; (ii) Concurrently, to the balance, if any, of Class A and Class A-R Certificates from the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the remaining after application of amounts distributable pursuant to clause (b)(ii)(Ai) belowabove, up to the Non-PO Senior Optimal Principal Amount and sequentially to the Class PO A-R and Class A Certificates, in that order, the Class PO Certificate Senior Principal Distribution Amount pursuant until their respective Class Principal Amounts have been reduced to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) below;zero. (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of From the Available Distribution Amount remaining after making the distributions provided for in paragraphs application of amounts pursuant to clauses (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant toClass B-1, Section 6.01(c) below; andClass B-2 and Class B-3 Certificates, sequentially, in that order, the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class on such date; (iv) to the Class R Certificateholders the balance, if any, of From the Available Distribution Amount remaining after the distributions provided for in paragraphs application of amounts pursuant to clauses (i) through (iii) above., to the Class B-1, Class B-2 and Class B-3 Certificates, sequentially, in that order, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class Principal Amount has been reduced to zero; (bv) Amounts payable From the remaining Available Distribution Amount remaining after application of amounts pursuant to the Senior Certificateholders on any Distribution Date shall be distributed as follows: clauses (i) to through (iv) in the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficientfollowing order of priority: (A) to the Class I-A1 CertificateholdersB-4 Certificates, (1) the Class I-A1 payment of its Interest Accrual Distribution Amount plus (2) the Class I-A1 Shortfall from the preceding Distribution Dateand any outstanding Interest Shortfalls; (B) to the Class I-A2 Certificateholders (1) B-4 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A2 Interest Accrual Principal Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Datehas been reduced to zero; (C) to the Class I-A3 Certificateholders (1) B-5 Certificates, the Class I-A3 payment of its Interest Accrual Distribution Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Dateand any outstanding Interest Shortfalls; (D) to the Class I-A4 Certificateholders (1) B-5 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A4 Interest Accrual Principal Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Datehas been reduced to zero; (E) to the Class I-A5 Certificateholders (1) B-6 Certificates, the Class I-A5 payment of its Interest Accrual Distribution Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date;and any outstanding Interest Shortfalls; and (F) to the Class I-A6 Certificateholders (1) B-6 Certificates, such Class' Subordinate Class Percentage of the Subordinate Principal Distribution Amount, until its Class I-A6 Interest Accrual Principal Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Datehas been reduced to zero; (Gvi) To the Class A-R Certificate, any remaining amount of the Available Distribution Amount allocated as provided in Section 5.02(d). Amounts paid to the Class I-A7 Certificateholders A Certificates on any Distribution Date pursuant to the proviso in clause (1a)(i) above shall reduce amounts otherwise payable on such Distribution Date in respect of the Class IX-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) A-2 Certificates before reducing any amounts otherwise payable to the Class IX-A8 Certificateholders (1) A-1 Certificates. Amounts that would have been distributed in respect of the Class IX-A8 Interest Accrual Amount plus A-1, Class X-A-2 and Class X-B Certificates, but for the proviso set forth in clause (2a)(i) the Class I-A8 Shortfall from the preceding Distribution Date; (I) above shall be treated as having been distributed to the Class IO CertificateholdersX-A-1, (1) the Class IO X-A-2 and Class X-B Certificates, as applicable, for purposes of determining subsequent Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) Shortfalls with respect to the Class R CertificateholdersX-A-1, (1) the Class R Interest Accrual Amount plus (2) the X-A-2 and Class R Shortfall from the preceding Distribution Date;X-B Certificates. (iib) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction of the principal balance of such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except on and after the Credit Support Depletion Date, distributions in respect of principal will be made on each the Available Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will shall be distributed to the Nonremaining Classes of Certificates on a pro rata basis, first, to pay the Interest Distribution Amount and any accrued but unpaid Interest Shortfalls; provided, however, that (i) on each such Distribution Date, amounts that would otherwise be payable to the Class X-PO Senior Certificateholders A-1 and Class X-A-2 Certificates under this clause (b) will be paid to the Class A Certificates to the extent of any Basis Risk Shortfalls and Unpaid Basis Risk Shortfalls for the Class A Certificates as follows: of such Distribution Date and (ii) on each such Distribution Date, amounts that would otherwise be payable to the Class X-A-2 Certificates under this clause (b) will be paid to the Class X-A-1 Certificates to the extent necessary to reimburse the Class X-A-1 Certificates for prior amounts not distributed to the Class X-A-1 Certificates as a result of clause (i) above or clause (A) to of Section 5.02(a)(i) and any limitations on the Current Interest of the Class R X-A-1 Certificates until resulting from the principal balance of such class has been reduced Class X-A Current Interest Restriction; second, to zeropay the Senior Principal Distribution Amount; and (B) concurrently: (I) 27.643212908398100%and third, to the Class IA-A1 R Certificate, any remaining Available Distribution Amount. Amounts paid to the Class A Certificates until on any Distribution Date pursuant to the principal balance proviso in this clause (b) shall reduce amounts otherwise payable on such Distribution Date in respect of the Class X-A-2 Certificates before reducing any amounts otherwise payable to the Class X-A-1 Certificates. Amounts that would have been distributed in respect of the Class X-A-1 Certificates or the Class X-A-2 Certificates but for the proviso set forth in this Section 5.02(b) shall be treated as having been distributed to the Class X-A-1 Certificates or the Class X-A-2 Certificates, as the case may be, for purposes of determining subsequent Interest Shortfalls with respect to the Class X-A-1 Certificates and the Class X-A-2 Certificates. (c) Notwithstanding the priority and allocation set forth in Section 5.02(a)(iv) and Section 5.02(a)(v) above, if with respect to any Class of Subordinate Certificates on any Distribution Date the sum of the related Class Subordination Percentages of such class has been reduced Class and of all other Classes of Subordinate Certificates which have a higher numerical Class designation than such Class is less than the Original Applicable Credit Support Percentage for such Class, no distribution of Principal Prepayments shall be made to zeroany such Classes and the amount of such Principal Prepayment otherwise distributable to such Classes shall be distributed to any Classes of Subordinate Certificates having lower numerical Class designations than such Class, pro rata, based on the Class Principal Amounts of the respective Classes immediately prior to such Distribution Date and shall be distributed in the sequential order provided in Section 5.02(a)(iv) and Section 5.02(a)(v) above. (d) Amounts distributed to the Residual Certificates pursuant to subparagraph (a)(vi) of this Section 5.02 on any Distribution Date shall be allocated among the REMIC residual interests represented thereby such that each such interest is allocated the excess of funds available to the related REMIC over required distributions to the regular interests in such REMIC on such Distribution Date. (e) For purposes of distributions of interest in paragraph (a) of this Section 5.02 such distributions to a Class of Certificates on any Distribution Date shall be made first, in respect of Current Interest; andand second, in respect of Interest Shortfalls.

Distributions from the Certificate Account. (a) On Subject to Sections 5.02(h) and (i), on each Distribution Date, the Trustee shall apply an amount on deposit in the Certificate Account equal to the Available Distribution Amount for the related Mortgage Pool (in the case of the Senior Certificates other than the Class X-B Certificates) and the Mortgage Pools in the aggregate (in the case of the Subordinate Certificates and the Class X-B Certificates) shall be withdrawn by the Trustee from the Distribution Account and allocated among the classes of Senior Certificates and Subordinate Certificates in the following order of priority: (i) Concurrently, from the related Available Distribution Amount, to the payment of the Interest Distribution Amount and any Interest Shortfalls for each Class of Senior Certificateholders (other than Certificates; provided, however, that on each Distribution Date, the Interest Distribution Amount that would otherwise be distributable to a Class PO Certificateholders) all amounts distributable pursuant of Interest-Only Certificates shall be deposited in the Basis Risk Reserve Fund to paragraph (b)(i)the extent of the Required Basis Risk Deposit for such Class and shall not be distributed to such Class; (ii) Concurrently, to the balance, if any, of Senior Certificates from the Available Distribution Amount shall be distributed firstremaining in the related Mortgage Pool after application of amounts pursuant to clause (i) above, as follows: (a) sequentially to the NonClass A-PO R and Class 1A Certificates, in that order, the Senior Certificateholders Principal Distribution Amount for Pool 1, until their respective Class Principal Amounts have been reduced to zero; and (other than b) concurrently to the Class IO Certificateholders) in 2A-1 Certificates and the amounts distributable pursuant to (b)(ii)(A) belowClass 2A-2 Certificates, an amount up to the Non-PO Senior Optimal Principal Distribution Amount and for Pool 2 as follows: (i) to the Class PO 2A-2 Certificates, the Class PO Certificate 2A-2 Principal Distribution Amount pursuant for such Distribution Date until the Class Principal Amount of such Class has been reduced to zero; and (b)(ii)(Aii) below, and second, to the Class PO 2A-1 Certificates, the Class PO Shortfall Amount, in accordance with any remaining Senior Principal Distribution Amount for Pool 2 after application of paragraph of (b)(va)(ii)(b)(i) belowof this Section 5.02; (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of From the Available Distribution Amount from the Mortgage Pools in the aggregate remaining after making the distributions provided for in paragraphs application of amounts pursuant to clauses (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant toClass B-1, Section 6.01(c) below; andClass B-2 and Class B-3 Certificates, sequentially, in that order, the Interest Distribution Amount and any Interest Shortfalls, in each case, for such Class on such date; (iv) to the Class R Certificateholders the balance, if any, of From the Available Distribution Amount from the Mortgage Pools in the aggregate remaining after the distributions provided for in paragraphs application of amounts pursuant to clauses (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A) , to the Class I-A1 CertificateholdersB-1, (1) the Class I-A1 Interest Accrual Amount plus (2) the B-2 and Class I-A1 Shortfall from the preceding Distribution Date; (B) to the B-3 Certificates, sequentially, in that order, such Class' Subordinate Class I-A2 Certificateholders (1) the Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction Percentage of the principal balance of such class to the Targeted Subordinate Principal Balance; and (B) to the Distribution Amount for each Mortgage Pool, until its Class I-A5 Certificates until the principal balance of such class Principal Amount has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; and;

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal the Available Distribution Amount, and shall distribute such amount to the Certificate Insurer, in payment of the Aggregate Certificate Insurance Premium and all Reimbursement Amounts, to itself, in payment of the Trustee Fee, and to the Holders of record of each Class of Certificates in the following order of priority: (i) to the Certificate Insurer, the Aggregate Certificate Insurance Premium for such Distribution Date; (ii) to the Trustee, the Trustee Fee for such Distribution Date; (iii) to each Class of Senior Certificates (other than any Class of Principal Only Certificates), the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated among such Classes in proportion to the amount of Accrued Certificate Interest (as so reduced) that would otherwise be distributable thereon; (iv) to each Class of Senior Certificates (other than any Class of Principal Only Certificates), any related Interest Shortfall for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated between such Classes in proportion to the Interest Shortfall for each such Class on such Distribution Date; (v) from the remaining Available Distribution Amount, to the Senior Certificates (other than any Class of Notional Certificates), as follows: (A) to the Non-AP Certificates, the Senior Principal Distribution Amount in the following order of priority: (i1) to the Class R Certificate, until the Class Principal Amount thereof has been reduced to zero; (2) commencing with the Distribution Date occurring in June 2002, pro rata to the Class A3 Certificates and Class A4 Certificates, from the remaining Senior Distribution Amount, an amount on each such Distribution Date up to $38,000, until the Class Certificate Principle Amount of each such Class has been reduced to zero; (3) from the remaining Senior Distribution Amount, an amount on each Distribution Date up to $850,000 to the Class A1 Certificates and the Class A2 Certificates, concurrently, as follows, until the Class Principal Amount of either such Class has been reduced to zero; (a) 99% to the Class A1 Certificates; and (b) 1% to the Class A2 Certificates; (4) to the Class A2 Certificates, if not previously retired pursuant to priority (v)(A)(3), any remaining Senior Principal Distribution Amount until the Class Principal Amount thereof has been reduced to zero; (5) to the Class A1, Certificates, if not previously retired pursuant to priority (v)(A)(3), any remaining Senior Principal Distribution Amount until the Class Principal Amount thereof has been reduced to zero; and (6) to the Class A3 and Class A4 Certificates, pro rata, if not previously retired pursuant to priority (v)(A)(2), any remaining Senior Principal Distribution Amount until the Class Principal Amounts thereof have been reduced to zero. (B) to the Class AP Certificates, the AP Principal Distribution Amount for such Distribution Date, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class AP Certificates, to the extent of the remaining Available Distribution Amount, the Class AP Deferred Amount for such Class and Distribution Date, until the Class Principal Amount thereof has been reduced to zero; provided, however, that (A) distributions pursuant to this priority shall not exceed the aggregate Subordinate Principal Distribution Amount for such date; (B) such amounts will not reduce the Class Principal Amounts of such Class; (vii) to the Certificate Insurer, payment of any unreimbursed Insured Payments, plus all amounts due to the Certificate Insurer pursuant to the Insurance Agreement, together with the interest thereon at the rate specified in the Insurance Agreement (collectively, the "Reimbursement Amounts"); and (viii) from the remaining Available Distribution Amount, to the Senior Certificateholders (other than the Class PO Certificateholders) all amounts distributable pursuant to paragraph (b)(i); (ii) the balance, if any, of the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the amounts distributable pursuant to (b)(ii)(A) below, up to the Non-PO Senior Optimal Principal Amount and to the Class PO Subordinated Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) below; (iii) subject to paragraph (b) below, to the Subordinate Certificateholders, the balance, if any, of the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant to, Section 6.01(c) below; and (iv) to the Class R Certificateholders the balance, if any, of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A) to the Class I-A1 CertificateholdersB1 Certificates, (1) the Class I-A1 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (B) to the Class I-A2 Certificateholders (1) the B1 Certificates, any Interest Shortfall for such Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding on such Distribution Date; (C) to the Class I-A3 Certificateholders (1) B1 Certificates, in reduction of the Class I-A3 Interest Accrual Principal Amount plus (2) thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(b), until the Class I-A3 Shortfall from the preceding Distribution DatePrincipal Amount thereof has been reduced to zero; (D) to the Class I-A4 Certificateholders (1) B2 Certificates, the Class I-A4 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (E) to the Class I-A5 Certificateholders (1) the B2 Certificates, any Interest Shortfall for such Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding on such Distribution Date; (F) to the Class I-A6 Certificateholders (1) B2 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the each Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(b), until the Class I-A6 Interest Accrual Principal Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Datethereof has been reduced to zero; (G) to the Class I-A7 Certificateholders (1) B3 Certificates, the Class I-A7 Accrued Certificate Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (H) to the Class I-A8 Certificateholders (1) the B3 Certificates, any Interest Shortfall for such Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding on such Distribution Date; (I) to the Class IO CertificateholdersB3 Certificates, (1) in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(b), until the Class IO Interest Accrual Principal Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; andthereof has been reduced to zero; (J) to the Class R CertificateholdersB4 Certificates, (1) the Class R Accrued Certificate Interest Accrual Amount plus (2) the Class R Shortfall from the preceding thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (AK) to the Class I-A4 Certificates until B4 Certificates, any Interest Shortfall for such Class on such Distribution Date; (L) to the Class B4 Certificates, in reduction of the principal balance Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such class Distribution Date, except as provided in Section 5.02(b), until the Class Principal Amount thereof has been reduced to zero; (M) to the Targeted Class B5 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (N) to the Class B5 Certificates, any Interest Shortfall for such Class on such Distribution Date; (O) to the Class B5 Certificates, in reduction of the Certificate Principal BalanceAmount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(b), until the Class Principal Amount thereof has been reduced to zero; (P) to the Class B6 Certificates, the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; (Q) to the Class B6 Certificates, any Interest Shortfall for such Class on such Distribution Date; and (BR) to the Class I-A5 Certificates B6 Certificates, in reduction of the Certificate Principal Amount thereof, such Class's Subordinate Class Percentage of the Subordinate Principal Distribution Amount for such Distribution Date, except as provided in Section 5.02(c), until the principal balance of such class Class Principal Amount thereof has been reduced to zero. (i) If on any Distribution Date the Credit Support Percentage for the Class B1 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B2, Class B3, Class B4, Class B5 or Class B6 Certificates on such Distribution Date. (ii) If on any Distribution Date the Credit Support Percentage for the Class B2 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the Non-PO Senior Certificateholders contrary in Section 5.02(a), no distribution of amounts described in clauses (other ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B3, Class B4, Class B5 or Class B6 Certificates on such Distribution Date. (iii) If on any Distribution Date the Credit Support Percentage for the Class B3 Certificates is less than the Class IO CertificateholdersOriginal Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), up no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B4, Class B5 or Class B6 Certificates on such Distribution Date. (iv) If on any Distribution Date the Credit Support Percentage for the Class B4 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the Non-PO Senior Optimal contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal AmountDistribution Amount will be made in respect of the Class B5 or Class B6 Certificates on such Distribution Date. (v) If on any Distribution Date the Credit Support Percentage for the Class B5 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B6 Certificates on such Distribution Date. Any amount not distributed in respect of any Class on any Distribution Date pursuant to the immediately preceding paragraph will be allocated among the Non-PO Senior Certificates remaining Subordinate Classes in proportion to their respective Certificate Principal Amounts. (other than the Class IO Certificatesc) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed Trustee shall distribute the amount withdrawn from the Reserve Fund with respect to such Distribution Date pursuant to Section 4.05, to the Non-PO Senior Certificateholders extent of funds on deposit in the Reserve Fund, and shall apply such funds to distributions on the Class A3 Certificates and Class A4 Certificates, as follows: (A) interest thereon, in the amount of any Net Prepayment Interest Shortfalls attributable to Principal Prepayments in full allocable to the Class R A3 Certificates until the principal balance of and Class A4 Certificates with respect to such class has been reduced to zero; andDistribution Date. (Bd) concurrently: (I) 27.643212908398100%On each Distribution Date, the Trustee shall distribute to the Holder of the Class I-A1 Certificates until the principal balance R Certificate any remaining Available Distribution Amount for such Distribution Date after application of such class has been reduced to zero; andall amounts described in paragraph (a) of this Section 5.

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal to the Available Distribution Amount Amount, and shall distribute such amount to itself (in the case of clause (i)) and to the Holders of record of each Class of Certificates, in the following order of priority: (i) from the Available Distribution Amount, to the Senior Certificateholders (other than Trustee, the Class PO Certificateholders) all amounts distributable pursuant to paragraph (b)(i)Trustee Fee for such Distribution Date; (ii) the balance, if any, to each Class of the Available Distribution Amount shall be distributed first, to the Non-PO Senior Certificateholders Certificates (other than the any Class IO Certificateholders) in the amounts distributable pursuant to (b)(ii)(A) below, up of Principal Only Certificates on or prior to the Non-PO Senior Optimal Principal Amount and Distribution Date in November 2005), the Accrued Certificate Interest thereon for such Distribution Date, as reduced by such Class's allocable share of any Net Prepayment Interest Shortfalls for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated among the Classes of Certificates in proportion to the Class PO Certificates, the Class PO amount of Accrued Certificate Distribution Amount pursuant to Interest (b)(ii)(Aas so reduced) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(v) belowthat would otherwise be distributable thereon; (iii) subject to paragraph each Class of Senior Certificates (b) below, other than any Class of Principal Only Certificates on or prior to the Subordinate CertificateholdersDistribution Date in November 2005), any related Interest Shortfall for such Distribution Date; provided, however, that any shortfall in available amounts shall be allocated among the balance, if any, Classes of the Available Distribution Amount after making the distributions provided for Certificates in paragraphs (i) and (ii) above, in accordance with, and up proportion to the amounts calculated pursuant to, Section 6.01(c) below; andInterest Shortfall for each such Class on such Distribution Date; (iv) to the Class A1, Class A2, Class A3, Class A6 and Class R Certificateholders the balanceCertificates, if anyin reduction of their respective Class Principal Amounts, of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable to the Senior Certificateholders on any Distribution Date shall be distributed concurrently, as follows: (i) to the extent the amounts available for distribution pursuant to paragraph (a)(i) above are sufficient: (A1) to the Class I-A1 CertificateholdersA1, (1) Class A2, Class A3 and Class R Certificates in an amount up to the Class I-A1 Interest Accrual Amount plus (2) Senior Principal Distribution Amount, in the Class I-A1 Shortfall from the preceding Distribution Date;following order of priority: (B) to the Class I-A2 Certificateholders (1) the Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (Ja) to the Class R CertificateholdersCertificate, (1) until the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date; (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Interest Accrual Amount, if any, will be distributed as principal as follows: (A) to the Class I-A4 Certificates until the reduction of the principal balance of such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class thereof has been reduced to zero; and (Bb) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; andA1, Class A2 and Class A3 Certificate as follows:

Distributions from the Certificate Account. (a) On each Distribution Date the Trustee (or the Paying Agent on behalf of the Trustee) shall withdraw from the Certificate Account the Total Distribution Amount (to the extent such amount is on deposit in the Certificate Account) and shall allocate such amount to the interests issued in respect of REMIC 1, REMIC 2, REMIC 3 and REMIC 4 and shall distribute such amount as specified in this Section. All allocations and distributions made between and with respect to Pool 1, Pool 2 and Pool 3 in this Section shall be made concurrently. (b) On each Distribution Date, the Trustee shall apply an amount on deposit in distribute the Certificate Account equal to the Available Distribution Interest Remittance Amount for Pool 1 for such date in the following order of priority: (i) from the Available Distribution Amountconcurrently, pro rata to the Senior Certificateholders Class 1-A1 and Class 1-A2 Certificates and the A-IO(1) Component, Current Interest (other than taking into account the Pool 1 Net Funds Cap, if applicable) for such Classes and Component and such Distribution Date and any Carryforward Interest for such Classes and Component and such Distribution Date; provided, however, that any shortfall in Current Interest shall be allocated among the Class PO Certificateholders1-A1 and Class 1-A2 Certificates and the A-IO(1) all amounts Component in proportion to the amount of Current Interest that would otherwise be distributable pursuant to paragraph (b)(i)thereon; (ii) to the balanceCertificate Insurer, if any, of the Available Certificate Insurance Premium for the Certificate Insurance Policy for such Distribution Amount shall be distributed firstDate, to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders) in the amounts distributable extent not paid pursuant to (b)(ii)(A) below, up to the Non-PO Senior Optimal Principal Amount and to the Class PO Certificates, the Class PO Certificate Distribution Amount pursuant to (b)(ii)(A) below, and second, to the Class PO Certificates, the Class PO Shortfall Amount, in accordance with paragraph (b)(vSubsection 5.02(d)(i) below; (iii) subject concurrently, pro rata to paragraph the Class 2-A Certificates, the A-IO(2) Component, the Class 3-A1, Class 3-A2 and Class 3-A3 Certificates and the A-IO(3) Component, Current Interest (btaking into account distributions pursuant to subsections 5.02(c)(i), 5.02(c)(iii), 5.02(d)(ii) and 5.02(d)(iii) below, to as applicable, and the Subordinate Certificateholders, the balancerelated Net Funds Cap, if any, of the Available applicable) for such Classes and Components and such Distribution Amount after making the distributions provided Date and any Carryforward Interest for in paragraphs (i) such Classes and (ii) above, in accordance with, Components and up to the amounts calculated pursuant to, Section 6.01(c) below; andsuch Distribution Date; (iv) to the Certificate Insurer, any due and owing Reimbursement Amounts; (v) to the Class R Certificateholders M1 Certificates, Current Interest (taking into account the balanceSubordinate Net Funds Cap, if anyapplicable) and any Carryforward Interest for such Class and such Distribution Date; (vi) to the Class M2 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (vii) to the Class M3 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (viii) to the Class M4 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (ix) to the Class M5 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (x) to the Class B Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (xi) to the Credit Risk Manager, the product of (a) the Available Credit Risk Manager’s Fee and (b) the Pool Percentage for Pool 1 for such Distribution Date; (xii) to the Trustee, any amounts reimbursable pursuant to Section 4.04(b)(i) and not previously reimbursed to the Trustee; and (xiii) for application as part of Monthly Excess Cashflow for such Distribution Date, as provided in subsection (f) of this Section, any Interest Remittance Amount for Pool 1 remaining after the distributions provided for in paragraphs application pursuant to clauses (i) through (iiixii) above. (c) On each Distribution Date, the Trustee shall distribute the Interest Remittance Amount for Pool 2 for such date in the following order of priority: (i) concurrently, pro rata to the Class 2-A Certificates and the A-IO(2) Component, Current Interest (taking into account the Pool 2 Net Funds Cap, if applicable) for each such Class and Component and such Distribution Date and any Carryforward Interest for each such Class and Component and such Distribution Date; provided, however, that any shortfall in Current Interest shall be allocated among the Class 2-A Certificates and the A-IO(2) Component in proportion to the amount of Current Interest that would otherwise be distributable thereon; (ii) to the Certificate Insurer, the Certificate Insurance Premium for the Certificate Insurance Policy for such Distribution Date, to the extent not paid pursuant to Subsection 5.02(d)(i) below; (iii) concurrently, pro rata to the Class 1-A1 and Class 1-A2 Certificates, the A-IO(1) Component, the Class 3-A1, Class 3-A2 and Class 3-A3 Certificates and the A-IO(3) Component, Current Interest (taking into account distributions pursuant to subsections 5.02(b)(i) and 5.02(b)(iii) above and subsections 5.02(d)(ii) and 5.02(d)(iii) below, as applicable, and the related Net Funds Cap, if applicable) for such Classes and Components and such Distribution Date and any Carryforward Interest for such Classes and Components and such Distribution Date; (iv) to the Certificate Insurer, any due and owing Reimbursement Amounts; (v) to the Class M1 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (vi) to the Class M2 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (vii) to the Class M3 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (viii) to the Class M4 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (ix) to the Class M5 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (x) to the Class B Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (xi) to the Credit Risk Manager, the product of (a) the Credit Risk Manager’s Fee and (b) Amounts payable the Pool Percentage for Pool 2 for such Distribution Date; (xii) to the Senior Certificateholders on Trustee, any amounts reimbursable pursuant to Section 4.04(b)(i) and not previously reimbursed to the Trustee; and (xiii) for application as part of Monthly Excess Cashflow for such Distribution Date Date, as provided in subsection (f) of this Section, any Interest Remittance Amount for Pool 2 remaining after application pursuant to clauses (i) through (xii) above. (d) On each Distribution Date, the Trustee shall be distributed as followsdistribute the Interest Remittance Amount for Pool 3 for such date in the following order of priority: (i) to the extent Certificate Insurer, the amounts available Certificate Insurance Premium due for distribution pursuant to paragraph (a)(i) above are sufficient: (A) to the Class I-A1 Certificateholders, (1) the Class I-A1 Interest Accrual Amount plus (2) the Class I-A1 Shortfall from the preceding Distribution Date; (B) to the Class I-A2 Certificateholders (1) the Class I-A2 Interest Accrual Amount plus (2) the Class I-A2 Shortfall from the preceding Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Certificate Insurance Policy for such Distribution Date; (ii) On each Distribution Date prior concurrently, pro rata to the Class I3-A5 Accretion Termination A1, Class 3-A2 and Class 3-A3 Certificates and the A-IO(3) Component, Current Interest (taking into account the Pool 3 Net Funds Cap, if applicable) for such Classes and Component and such Distribution Date and any Carryforward Interest for such Classes and Component and such Distribution Date; provided, however, that any shortfall in Current Interest shall be allocated among the Class 3-A1, Class 3-A2 and Class 3-A3 Certificates and the A-IO(3) Component in proportion to the amount of Current Interest that would otherwise be distributable thereon; (iii) concurrently, pro rata to the Class 1-A1 and Class 1-A2 Certificates, the A-IO(1) Component, the Class I2-A5 A Certificates and the A-IO(2) Component, Current Interest Accrual Amount(taking into account distributions pursuant to subsections 5.02(b)(i), 5.02(b)(iii), 5.02(c)(i) and 5.02(c)(iii) above, as applicable, and the related Net Funds Cap, if any, will be distributed as principal as follows:applicable) for such Classes and Components and such Distribution Date and any Carryforward Interest for such Classes and Components and such Distribution Date; (Aiv) to the Certificate Insurer, any due and owing Reimbursement Amounts; (v) to the Class I-A4 Certificates until M1 Certificates, Current Interest (taking into account the reduction of the principal balance of Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such class Class and for such Distribution Date; (vi) to the Targeted Principal BalanceClass M2 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (vii) to the Class M3 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (viii) to the Class M4 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (ix) to the Class M5 Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (x) to the Class B Certificates, Current Interest (taking into account the Subordinate Net Funds Cap, if applicable) and any Carryforward Interest for such Class and such Distribution Date; (xi) to the Credit Risk Manager, the product of (a) the Credit Risk Manager’s Fee and (b) the Pool Percentage for Pool 3 for such Distribution Date; (xii) to the Trustee, any amounts reimbursable pursuant to Section 4.04(b)(i) and not previously reimbursed to the Trustee; and (Bxiii) for application as part of Monthly Excess Cashflow for such Distribution Date, as provided in subsection (f) of this Section, any Interest Remittance Amount for Pool 3 remaining after application pursuant to the Class I-A5 Certificates until the principal balance of such class has been reduced to zeroclauses (i) through (xii) above. (iiie) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Trustee shall distribute the Principal Distribution Amount will be distributed with respect to the Non-PO Senior Certificateholders each Mortgage Pool for such date as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; and

Distributions from the Certificate Account. (a) On each Distribution Date, the Trustee (or the Paying Agent on behalf of the Trustee) shall apply an amount on deposit in withdraw from the Certificate Account equal the Total Distribution Amount (excluding all Prepayment Premiums) and amounts that are available for payment to the Available Swap Counterparty and shall allocate such amount to the interests issued in respect of each REMIC and shall distribute such amount as specified in this Section. (b) On each Distribution Date, the Trustee shall distribute the Interest Remittance Amount as follows: (i) On each Distribution Date (or, with respect to clauses (A)(1), (A)(2), (B)(1) and (B)(2) below, on the related Swap Payment Date), the Trustee shall distribute the Interest Remittance Amount for such date concurrently, as follows: (A) On each Distribution Date (or, with respect to clauses (1) and (2) below, on the related Swap Payment Date), the Interest Remittance Amount for Pool 1 for such date shall be distributed in the following order of priority: (i1) from for deposit into the Available Distribution AmountSupplemental Interest Trust Account, the Pool 1 Swap Allocation Payment Amount owed to the Senior Certificateholders Swap Counterparty (other than the Class PO Certificateholders) all including amounts distributable pursuant to paragraph (b)(iremaining unpaid from previous Distribution Dates); (ii2) for deposit into the balanceSupplemental Interest Trust Account, the amount of any Net Swap Payment or Swap Termination Payment owed to the Swap Counterparty (after giving effect to distributions made pursuant to Section 5.02(b)(i)(B)(1) below); (3) to the Certificate Insurer, the monthly premium due under the Certificate Insurance Policy with respect to the Class 1-A3 Certificates; (4) concurrently, to each class of Class 1-A1, Class 1-A2 and Class 1-A3 Certificates, Current Interest and any Carryforward Interest for such classes for such Distribution Date; provided, however, that if funds available are insufficient to pay such amounts, any resulting shortfalls will be allocated pro rata on the basis of Current Interest and Carryforward Interest due such classes on such Distribution Date; provided, further, however, any interest shortfall resulting from Deferred Interest on the Mortgage Loans will be allocated to the Senior Certificates and Subordinate Certificates, pro rata, according to the Certificate Principal Amount of each such class of Certificates, in reduction of the amount of interest otherwise distributable to such class of Certificates; provided, further, however, that to the extent the amount of Net Negative Amortization otherwise allocable to the Senior Certificates and the Subordinate Certificates exceeds the amount of Accrued Certificate Interest (as reduced by each such class's share of any Net Prepayment Interest Shortfalls for such Distribution Date) accrued on the Related REMIC 2 Interest, then such excess Net Negative Amortization shall be allocated to the Class X Certificates to the extent payments would otherwise be made to the Class X Certificates in respect of the Uncertificated Class X Interest, and then, if anynecessary, among the Certificates in proportion to, and up to, the amount of any remaining interest otherwise distributable on the Available Distribution Amount shall be distributed first, Related REMIC 2 Interest; (5) to the Non-PO Senior Certificateholders (other than Certificate Insurer, any unreimbursed Insured Payments with respect to the Class IO Certificateholders) 1-A3 Certificates, plus all amounts due to the Certificate Insurer with respect to the Class 1-A3 Certificates under the Commitment Letter, together with interest thereon at the rate specified in the amounts distributable Commitment Letter; (6) for application pursuant to Section 5.02(b)(ii), any such Interest Remittance Amount remaining undistributed for such Distribution Date. (b)(ii)(AB) On each Distribution Date (or, with respect to clauses (1) and (2) below, up on the related Swap Payment Date), the Trustee shall distribute the Interest Remittance Amount for Pool 2 for such date in the following order of priority: (1) for deposit into the Supplemental Interest Trust Account, the Pool 2 Swap Allocation Payment Amount owed to the Non-PO Senior Optimal Principal Amount and Swap Counterparty (including amounts remaining unpaid from previous Distribution Dates); (2) for deposit into the Supplemental Interest Trust Account, the amount of any Net Swap Payment or Swap Termination Payment owed to the Swap Counterparty (after giving effect to distributions made pursuant to Section 5.02(b)(i)(A)(1) above); (3) to the Certificate Insurer, the monthly premium due under the Certificate Insurance Policy with respect to the Class PO 2-A2A Certificates, the Class PO Certificate Distribution Amount pursuant to ; (b)(ii)(A4) below, and secondconcurrently, to the Class PO 2-A1, Class 2-A2A and Class 2-A2B Certificates, Current Interest and any Carryforward Interest for such classes for such Distribution Date; provided, however, that if funds available are insufficient to pay such amounts, any resulting shortfalls will be allocated pro rata on the Class PO Shortfall Amountbasis of Current Interest and Carryforward Interest due such classes on such Distribution Date; provided, in accordance with paragraph (b)(v) below; (iii) subject to paragraph (b) belowfurther, to however, any interest shortfall resulting from Deferred Interest on the Subordinate Certificateholders, the balance, if any, of the Available Distribution Amount after making the distributions provided for in paragraphs (i) and (ii) above, in accordance with, and up to the amounts calculated pursuant to, Section 6.01(c) below; and (iv) to the Class R Certificateholders the balance, if any, of the Available Distribution Amount remaining after the distributions provided for in paragraphs (i) through (iii) above. (b) Amounts payable Mortgage Loans will be allocated to the Senior Certificateholders on any Distribution Date shall be distributed as follows: (i) Certificates and the Subordinate Certificates, pro rata, according to the Certificate Principal Amount of each such class of Certificates, in reduction of the amount of interest otherwise distributable to such classes of Certificates; provided, further, however, that to the extent the amounts available amount of Net Negative Amortization otherwise allocable to the Senior Certificates and the Subordinate Certificates exceeds the amount of Accrued Certificate Interest (as reduced by each such class's share of any Net Prepayment Interest Shortfalls for distribution pursuant such Distribution Date) accrued on the Related REMIC 2 Interest, then such excess Net Negative Amortization shall be allocated to paragraph (a)(i) above are sufficient:the Class X Certificates to the extent payments would otherwise be made to the Class X Certificates in respect of the Uncertificated Class X Interest, and then, if necessary, among the Certificates in proportion to, and up to, the amount of any remaining interest otherwise distributable on the Related REMIC 2 Interest; (A5) to the Class I-A1 CertificateholdersCertificate Insurer, (1) any unreimbursed Insured Payments with respect to the Class I2-A1 Interest Accrual Amount A2A Certificates, plus (2) all amounts due to the Certificate Insurer with respect to the Class I2-A1 Shortfall from A2A Certificates under the preceding Distribution DateCommitment Letter, together with interest thereon at the rate specified in the Commitment Letter; (B6) for application pursuant to the Class I-A2 Certificateholders (1) the Class I-A2 Section 5.02(b)(ii), any such Interest Accrual Remittance Amount plus (2) the Class I-A2 Shortfall from the preceding remaining undistributed for such Distribution Date; (C) to the Class I-A3 Certificateholders (1) the Class I-A3 Interest Accrual Amount plus (2) the Class I-A3 Shortfall from the preceding Distribution Date; (D) to the Class I-A4 Certificateholders (1) the Class I-A4 Interest Accrual Amount plus (2) the Class I-A4 Shortfall from the preceding Distribution Date; (E) to the Class I-A5 Certificateholders (1) the Class I-A5 Interest Accrual Amount plus (2) the Class I-A5 Shortfall from the preceding Distribution Date; (F) to the Class I-A6 Certificateholders (1) the Class I-A6 Interest Accrual Amount plus (2) the Class I-A6 Shortfall from the preceding Distribution Date; (G) to the Class I-A7 Certificateholders (1) the Class I-A7 Interest Accrual Amount plus (2) the Class I-A7 Shortfall from the preceding Distribution Date; (H) to the Class I-A8 Certificateholders (1) the Class I-A8 Interest Accrual Amount plus (2) the Class I-A8 Shortfall from the preceding Distribution Date; (I) to the Class IO Certificateholders, (1) the Class IO Interest Accrual Amount plus (2) the Class IO Shortfall from the preceding Distribution Date; and (J) to the Class R Certificateholders, (1) the Class R Interest Accrual Amount plus (2) the Class R Shortfall from the preceding Distribution Date;. (ii) On each Distribution Date prior to the Class I-A5 Accretion Termination Date, the Class I-A5 Trustee will distribute the aggregate of any remaining Interest Accrual Amount, if any, will be distributed as principal as follows: (ARemittance Amounts from Sections 5.02(b)(i)(A)(6) to the Class I-A4 Certificates until the reduction of the principal balance of such class to the Targeted Principal Balance; and (B) to the Class I-A5 Certificates until the principal balance of such class has been reduced to zero. (iii) to the Non-PO Senior Certificateholders (other than the Class IO Certificateholders), up to the Non-PO Senior Optimal Principal Amount, allocated among the Non-PO Senior Certificates (other than the Class IO Certificates) as follows ; Except after the Credit Support Depletion Date, distributions in respect of principal will be made on each Distribution Date to the Non-PO Senior Certificates as described below. On each Distribution Date, the Non-PO Senior Optimal Principal Amount will be distributed to the Non-PO Senior Certificateholders as follows: (A) to the Class R Certificates until the principal balance of such class has been reduced to zero; and (B) concurrently: (I) 27.643212908398100%, to the Class I-A1 Certificates until the principal balance of such class has been reduced to zero; andand 5.02