Common use of Distributions to Certificateholders; Payment of Special Primary Insurance Premiums Clause in Contracts

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR and Class PPP Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class XCX-1 and Class CX-2-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 and Group B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Group B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a Class 2-A-3 Certificate) A, Group B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the and Class 2-A-3 Certificates) B Certificates pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Certificate, Class 2-A-3 Certificate) B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 February 2006 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the and Class 2-A-3 Certificates) B Certificates pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Certificate, Class 2-A-3 Certificate) B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 January 2006 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-PPP-L and Class 2X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class 1A, Class 1A-1A, Class 1A-1B, Class 2A, Class 2A-1B, Class CA-1C and Class B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class 2-A-3 Certificates), over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 21X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC II Available Distribution Amount, the REMIC II Distribution Amount to the Group 3 Certificateholders and the Class R-2 Residual Interest, (iii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Group 4 Certificateholders and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentiv) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account the REMIC IV Available Distribution Amount for such Distribution Date and distribute distribute, from the amount so withdrawn, to the Holders extent of the related Class A (other than REMIC IV Available Distribution Amount, the REMIC IV Distribution Amount to the Group 1, Group 2 and Group L-B Certificateholders and the Class 2-A-3 Certificates) and Class Y CertificatesR-4 Residual Interest, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the first Distribution Date to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of Class 1-A-2 Certificates the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance PaymentPayment Amount. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in January 2006 to and including August 2013the Final Yield Maintenance Payment Date for the Class A-3 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including the Distribution Date in January 2006 to and including the Final Yield Maintenance Payment Date for the Class A-5 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests Group 3 Certificateholders and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentiii) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account the REMIC IV Available Distribution Amount for such Distribution Date and distribute distribute, from the amount so withdrawn, to the Holders extent of the related Class A (other than REMIC IV Available Distribution Amount, the REMIC IV Distribution Amount to the Group 1, Group 2, Group 4, Group 5, Group L-B and Group M-B Certificateholders and the Class 2-A-3 Certificates) and Class Y CertificatesR-4 Residual Interest, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) or (iii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, on behalf of the Trust, (a) on the initial Distribution Date, from the Initial Deposit, distribute to each Class of Class 1A-1A and Class 1A-1B Certificates an amount equal to the excess of (i) what would have been the Interest Distribution Amount for such Class for such Distribution Date had such Interest Distribution Amount been calculated based on a Certificate Interest Rate equal to applicable Index plus the applicable Certificate Margin over (ii) the actual Interest Distribution Amount for such Class for such Distribution Date and (b) (i) distribute to the Holders of each Class of Class 1A-1C1, Class 1A-1C2 and Class 1A-1C3 Certificates the Carryover Shortfall Payment, if any, for each such Class, (A) first, on the initial Distribution Date, from the portion of the Initial Deposit remaining after the distribution pursuant to clause (a) of this paragraph, (B) second, from the amount otherwise distributable as interest to each of the Class 1X-1A-L and Class 1X-1B-L Regular Interests on such Distribution Date pursuant to the immediately preceding sentence (pro rata according to such amount otherwise distributable) and (C) third, from the amount otherwise distributable as interest to the Class X2X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, and (ii) distribute to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class, (A) first, on the initial Distribution Date, from the portion of the Initial Deposit remaining after the distributions pursuant to clause (a) and clause (b)(i)(A) of this paragraph and (B) second, from the amount (remaining after the distribution pursuant to clause (b)(i)(B) of this paragraph) otherwise distributable as interest to each of the Class 1X-1A-L, Class 1X-1B-L and Class 2X-L Regular Interests on such Distribution Date pursuant to the immediately preceding sentence (pro rata according to such amount otherwise distributable). Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A 1A-1C1, Class 1A-1C2, Class 1A-1C3 and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a 1A-1C1, Class 2-A-3 Certificate) 1A-1C2, Class 1A-1C3, Class B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than PPP Certificates the Assigned Group 1 Prepayment Premiums for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2-A-3 Certificates) and Class Y Certificates, 2X Certificates the related Yield Maintenance PaymentAssigned Group 2 Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Class 1-A-EXS-M, Class 1-A-EXS-IO1-M, Class 1-A-EXS-IO2-M, Class 1-A-EXSUP-M, Class 1-A-EXSUP-IO-M, Class 1-A-EXMZ-M, Class 1-A-EXMZ-IO-M, Class 3-A-EXS-M, Class 3-A-EXS-IO1-M and Class 3-A-EXS-IO2-M Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account and (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual InterestInterest and (B) distribute to the Holders of the Certificates (other than the Exchangeable Certificates) the amounts to be distributed to the Holders of those Certificates, in each case, pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date. Notwithstanding the immediately preceding sentenceFurthermore, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest shall on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment behalf of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall Trust withdraw from the Certificate Account and distribute the aggregate amount deemed to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums have been distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for of the account offirst paragraph of this Section 4.05(a) to the Class 1-A-EXS-M, or by check mailed toClass 1-A-EXS-IO1-M and Class 1-A-EXS-IO2-M Regular Interests (such aggregate amount, each the “Subgroup 1-1 Exchangeable Certificate Distribution”) and distribute such Certificateholder Subgroup 1-1 Exchangeable Certificate Distribution to the Holders of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution)Exchangeable Certificates, as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.follows:

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 R-1 Certificates), ) (provided that any portion of such amount distributable to the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Special Retail Certificates shall be used first to pay any amount payable to the Rounding Account pursuant to Section 3.22) and to the Certificate is deemed to have accepted the terms for payment Insurer in respect of the Carryover Shortfall Payments Certificate Insurer's subrogation to certain rights to payment due to the Holders of the Class A Insured Certificates as set forth in Section 3.21, (other than B) the Rounding Amount, if any, deposited therein for distribution on such date pursuant to Section 3.22 and distribute the amount so withdrawn to the Special Retail Certificates in accordance with such Section 3.22, (C) the Class 2-A-3 Certificates) Covered Interest Shortfall Amount, if any, deposited therein for distribution on such date pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account 3.16 and distribute such amount to the Class A-3 Certificates and (D) the Deficiency Amount, if any, and distribute such amount to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Insured Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any , by (except with respect to the Certificate Insurer and with respect to any Special Primary Insurance Premiums distributed pursuant to clause (iPremium) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register, and with respect to any Special Primary Insurance Premiums, by means of payment acceptable to the insurer under the respective Special Primary Insurance Policy, and with respect to payments to the Certificate Insurer, by wire transfer in immediately available funds to such account set forth in the Commitment (as defined in the Insurance Agreement) or such other account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests and Certificateholders (including the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or R Certificateholders with respect to any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments distribution to the Holders of the Class A R-2 Residual Interest) (provided that any portion of such amount distributable to the Special Retail Certificates (other than shall be used first to pay any amount payable to the Class 2-A-3 Certificates) Rounding Account pursuant to the immediately preceding sentence Section 3.22) and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute Insurer in respect of the Certificate Insurer's subrogation to certain rights to payment due to the Holders of the related Class A Insured Certificates as set forth in Section 3.21, (other than B) the Class 2-A-3 Certificates) and Class Y CertificatesA-10 Covered Payoff Shortfall Amount, if any, deposited therein for distribution on such date pursuant to Section 3.16, the related Yield Maintenance Payment. The net distributions Class A-10 Covered Relief Act Shortfall Amount, if any, deposited therein for distribution on such date pursuant to Section 3.17 and the Deficiency Amount, if any, and distribute such amounts to the Holders of the Insured Certificates and (C) the applicable Rounding Amount, if any, deposited therein for distribution on such date pursuant to this Section 4.05(a) shall be made 3.22 and distribute the amount so withdrawn to the Special Retail Certificates in accordance with such Section 3.22, all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer means of payment acceptable to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.insurer under the

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, 103 the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and Certificateholders (including the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or R Certificateholders with respect to any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments distribution to the Holders of the Class A Certificates (other than the Class 2-A-3 CertificatesR-3 Residual Interest) pursuant and to the immediately preceding sentence and the provisions Certificate Insurer in respect of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute Insurer's subrogation to certain rights to payment due to the Holders of the related Class A Insured Certificates as set forth in Section 3.21 and (other than B) the Class 2I-A-3 Certificates) A-7 Covered Interest Shortfall Amount, if any, deposited therein for distribution on such date pursuant to Section 3.16, and Class Y the Deficiency Amount, if any, and distribute such amounts to the Holders of the Insured Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. Amounts distributed to the Certificate Insurer pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds to such account set forth in the Commitment (as defined in the Insurance Agreement) or such other account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentenceFurthermore, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest shall on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment behalf of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall withdraw from the Certificate Account the REMIC I Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC I Available Distribution Amount, the REMIC I Distribution Amount to the Group 1 Certificateholders and the Class R-1 Residual Interest, (iii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC II Available Distribution Amount for such Distribution Date to be distributed to the Holders of the REMIC II Regular Interests pursuant to the definition of "REMIC II Distribution Amount" and to have deposited such amounts for their benefit into the Certificate Account, (iv) shall withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Group 3 Certificateholders and the Class R-3 Residual Interest. Notwithstanding , (v) shall be deemed to have distributed from the immediately preceding sentenceCertificate Account the applicable portion of the REMIC IV Available Distribution Amount for such Distribution Date to be distributed to the Holder of the Class 2-A4-L Regular Interest pursuant to the definition of "REMIC IV Distribution Amount" and to have deposited such amounts for their benefit into the Certificate Account, on each (vi) shall withdraw from the Certificate Account the REMIC IV Available Distribution Date, the Trustee (or any duly appointed paying agent) shallAmount for such Distribution Date and distribute, from the amount otherwise distributable so withdrawn, (A) to the Class X-L Regular Interest on such Distribution Date pursuant R Certificateholders the amounts to the immediately preceding sentence, distribute, to the extent thereof, be distributed to the Holders of each the Class R-4 Residual Interest pursuant to the definition of Class "REMIC IV Distribution Amount" and (B) to the Holders of the Group 2-A Certificates (other than the Class 2-A-3 A4 Certificates)) and Group 2-B Certificates the amounts to be distributed to such Holders pursuant to the definition of "REMIC IV Distribution Amount" and (vii) shall withdraw from the Certificate Account the REMIC V Available Distribution Amount for such Distribution Date and distribute, from the Carryover Shortfall Paymentamount so withdrawn, if any, for each such Class. Each Holder of a (A) to the Class X Certificate is deemed R Certificateholders the amounts to have accepted the terms for payment of the Carryover Shortfall Payments be distributed to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) R-5 Residual Interest pursuant to the immediately preceding sentence definition of "REMIC V Distribution Amount" and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 CertificateB) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) A4 and Class Y Certificates, 2-X Certificates the related Yield Maintenance Payment. The net distributions amounts to be distributed to such Holders pursuant to the Certificates pursuant to this Section 4.05(a) shall be made definition of "REMIC V Distribution Amount", all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii), (iv), (vi) or (vii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and Certificateholders (including the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or R Certificateholders with respect to any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments distribution to the Holders of the Class A R-3 Residual Interest) (provided that any portion of such amount distributable to any Class of Special Retail Certificates (other than shall be used first to pay any amount payable to the Class 2-A-3 Certificates) applicable Rounding Account pursuant to the immediately preceding sentence Section 3.22) and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute Insurer in respect of the Certificate Insurer's subrogation to certain rights to payment due to the Holders of the related Class A Insured Certificates as set forth in Section 3.21, (other than B) the Class 2III-A-3 Certificates) A-7 Covered Interest Shortfall Amount, if any, deposited therein for distribution on such date pursuant to Section 3.16, and Class Y Certificatesthe Deficiency Amount, the related Yield Maintenance Payment. The net distributions if any, and distribute such amounts to the Holders of the Insured Certificates and (C) the applicable Rounding Amount or Amounts, if any, deposited therein for distribution on such date pursuant to this Section 4.05(a) shall be made 3.22 and distribute the amounts so withdrawn to the applicable Class of Special Retail Certificates in accordance with such Section 3.22, all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. Amounts distributed to the Certificate Insurer pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds to such account set forth in the Commitment (as defined in the Insurance Agreement) or such other account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates Certificateholders (other than the Class 2-A-3 Certificates), R-1 and Class R-2 Certificateholders) (provided that any portion of such amount distributable to any Class of Special Retail Certificates shall be used first to pay any amount payable to the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X applicable Rounding Account pursuant to Section 3.22) and to the Certificate is deemed to have accepted the terms for payment Insurer in respect of the Carryover Shortfall Payments Certificate Insurer's subrogation to certain rights to payment due to the Holders of the Class A Insured Certificates as set forth in Section 3.21, (other than B) the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemedDeficiency Amount, by acceptance of such Certificateif any, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute such amount to the Holders of the related Class A Insured Certificates and (other than C) the Class 2-A-3 Certificates) applicable Rounding Amount or Amounts, if any, deposited therein for distribution on such date pursuant to Section 3.22 and Class Y Certificates, distribute the related Yield Maintenance Payment. The net distributions amounts so withdrawn to the applicable Class of Special Retail Certificates pursuant to this in accordance with such Section 4.05(a) shall be made 3.22, all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. Amounts distributed to the Certificate Insurer pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds to such account set forth in the Commitment (as defined in the Insurance Agreement) or such other account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Class 1-A-7-M, Class 1-A-10-M, Class 1-A-11-M, Class 1-A-12-M, Class 2-A-3-M, Class 2-A-4-M and Class 2-A-5-M Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentB) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, distribute to the Holders of each Class of Class A the Certificates (other than the Class 21-A-3 A-7 and Exchangeable Certificates), ) the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed amounts to have accepted the terms for payment of the Carryover Shortfall Payments be distributed to the Holders of the Class A Certificates (other than the Class 2-A-3 those Certificates) , in each case, pursuant to the immediately preceding sentence definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) from the provisions of Section 2.19. Each Holder of a Certificate Account shall distribute to the Class A (other than a Class 21-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, A-7 Certificates the amount deemed to have accepted been distributed pursuant to clause (ii) above to the provisions of Section 2.19Class 1-A-7-M Regular Interest. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in February 2007 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than 1-A-7 Certificates the Class 2-A-3 Certificates) and Class Y CertificatesYield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the related Yield Maintenance Payment. The net distributions to Trustee shall on behalf of the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received Trust withdraw from the Master Servicer pursuant Certificate Account the aggregate amount deemed to Section 4.02(b). Any Special Primary Insurance Premiums have been distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for of the account offirst paragraph of this Section 4.05(a) to the Class 1-A-10-M and Class 1-A-11-M and Class 1-A-12-M Regular Interests (such aggregate amount, or by check mailed to, each the “Group 1 Exchangeable Certificate Distribution”) and distribute such Certificateholder Group 1 Exchangeable Certificate Distribution to the Holders of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution)Exchangeable Certificates, as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.follows:

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.16. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.16. Furthermore, on each Distribution Date from and including March October 2005 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the aggregate of all Assigned Prepayment Premiums, if any. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.16. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.16. Furthermore, on each Distribution Date from and including March 2005 December 2004 to and including August 2013September 2015, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related applicable Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the first Distribution Date to and including August 2013the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class, and on each Distribution Date from and including the first Distribution Date to and including the Final Yield Maintenance Payment Date for the Class 24-A-3 Certificates) and Class Y CB-3 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, on each Distribution Date, from the amount amounts otherwise distributable to the Class XCX-PPP-L and Class 3X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentencesentence (pro rata according to such amount otherwise distributable), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the CA-1B1, Class 2-A-3 CA-1B2, Class CA-1B4, Class CA-1B4 and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X CX-PPP-L or Class 3X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A CA-1B1, Class CA-1B2, Class CA-1B4, Class CA-1B4 and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a CA-1B1, Class 2CA-1B2, Class CA-1B4, Class CA-1B4, Class B, Class CX-A-3 Certificate) PPP or Class X 3X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 2 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 3X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 3 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer's instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest, pursuant to the definition of "REMIC III Distribution Amount" for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-L Regular Interest PPP and Class 2X-PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X 1X-PPP and Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2B, Class 1X-A-3 Certificate) PPP or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than 1X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 22X-A-3 PPP Certificates) , the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. Furthermore, on each Distribution Date from and including the Distribution Date in June 2007 to and including the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class CA-1B and Class Y CA-1C Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-PPP-L and Class 2X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class 1A, Class 2A, Class 2A-1B, Class CA-1C, Class CA-1D and Group L-B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than and Group L-B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class 2-A-3 Certificates), over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Group L-B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a Class 2A, Group L-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 21X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March June 2005 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual InterestInterest and (B) distribute to the Supplemental Interest Trust the amounts to be distributed to the Supplemental Interest Trust, in each case, pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) shall distribute, from the Certificate Account, to each Class of Certificates (other than the Class R and Class PPP Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentenceparagraph, on each Distribution Date, (i) the distributions pursuant to the immediately preceding paragraph shall be reduced as follows: (x) the amount otherwise distributable to each Class of Class A or Senior Subordinate Certificates shall be reduced by the portion of the REMIC Interest Reduction Amount for such Distribution Date allocated to its Corresponding Class pursuant to the definition “REMIC Interest Reduction Amount” and (y) the amount otherwise distributable to the Class C Certificates shall be reduced by the entire amount distributable to the Class C-L Regular Interest pursuant to paragraph (d)(xii) of the definition of “REMIC III Distribution Amount” (the aggregate amount of such reduction, the “Available Additional Distribution Amount”); and (ii) the Trustee (or any duly appointed paying agent) shall, from on behalf of the amount otherwise distributable to Trust, distribute the Class X-L Regular Interest on such Available Additional Distribution Date pursuant to the immediately preceding sentence, distributeAmount, to the extent thereof, in accordance with the definition of “Additional Distribution Amount” to the Holders of each Class of the Class A and Senior Subordinate Certificates (other than and the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such ClassSupplemental Interest Trust. Each Holder of a Class X A, Senior Subordinate or Class C Certificate is deemed to have accepted the terms for the reduction of the amounts otherwise distributable to such Certificate, and the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) Additional Distribution Amount pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19this paragraph. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in February 2006 to and including August 2013the Final Yield Maintenance Payment Date for the Class 3-A-4 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the first Distribution Date to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, A-5 Certificates the related Yield Maintenance PaymentPayment Amount. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and Interests, the Class R-3 Residual InterestInterest and the Supplemental Interest Trust. Notwithstanding the immediately preceding sentenceparagraph, on each Distribution Date, (i) the distributions pursuant to the immediately preceding paragraph shall be reduced as follows: (x) the amount otherwise distributable to each Class of Class A-L or Senior Subordinate Regular Interests shall be reduced by the REMIC Interest Reduction Amount for such Class and (y) the amount otherwise distributable to the Class C-L Regular Interest shall be reduced by the entire amount distributable to the Class C-L Regular Interest pursuant to paragraph (d)(ix) of the definition of “REMIC III Distribution Amount” (the aggregate amount of such reduction, the “Available Additional Distribution Amount”); and (ii) the Trustee (or any duly appointed paying agent) shall, from on behalf of the amount otherwise distributable to Trust, distribute the Class X-L Regular Interest on such Available Additional Distribution Date pursuant to the immediately preceding sentence, distributeAmount, to the extent thereof, in accordance with the definition of “Additional Distribution Amount” to the Holders of each Class of the Class A and Senior Subordinate Certificates (other than and the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such ClassSupplemental Interest Trust. Each Holder of a Class X A, Senior Subordinate or Class C Certificate is deemed to have accepted the terms for the reduction of the amounts otherwise distributable to the Corresponding Class of REMIC III Regular Interests, and the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) Additional Distribution Amount pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19this paragraph. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-L and Class 2X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentenceparagraph, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the 1A, Class 2-A-3 1A-1B, Class 2A, Class 2A-1B, Class CA-1C and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class 1A, Class 1A-1B, Class 2A, Class 2A-1B, Class CA-1C and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. The amounts otherwise distributable as interest to the Class 1X-L and Class 2X-PPP-L Regular Interests on each Distribution Date pursuant to the first paragraph of this Section 4.05(a) shall be reduced by the aggregate Carryover Shortfall Payments paid pursuant to clause (i) of the second paragraph of this Section 4.05(a) as follows: (a) first, the amounts otherwise distributable as interest to the Class 1X-L and Class 2X-PPP-L Regular Interests on such Distribution Date shall be reduced, pro rata according to such amounts otherwise distributable as interest, by the aggregate Carryover Shortfall Payments paid to the Class 2A, Class 2A-1B and Class CA-1C Certificates pursuant to clause (i) of the second paragraph of this Section 4.05(a), (b) second, the remaining amount (after giving effect to the reduction pursuant to clause (a) above) otherwise distributable as interest to the Class 1X-L Regular Interest on such Distribution Date shall be further reduced by the aggregate Carryover Shortfall Payments paid to the Class 1A and Class 1A-1B Certificates pursuant to the second paragraph of this Section 4.05(a), (c) third, the remaining amount (after giving effect to the reduction pursuant to clause (a) above) otherwise distributable as interest to the Class 2X-PPP-L Regular Interest on such Distribution Date shall be further reduced by the portion, if any, of the aggregate Carryover Shortfall Payments paid to the Class 1A and Class 1A-1B Certificates pursuant to clause (i) of the second paragraph of this Section 4.05(a) that has not been allocated in reduction of the amount otherwise distributable as interest to the Class 1X-L Regular Interest pursuant to clause (b) above and (d) the remaining amounts (after giving effect to the reductions pursuant to clauses (a), (b) and (c) above) otherwise distributable as interest to the Class 1X-L and Class 2X-PPP-L Regular Interests on such Distribution Date shall be further reduced, pro rata according to such remaining amounts otherwise distributable as interest, by the aggregate Carryover Shortfall Payments paid to the Class B Certificates pursuant to clause (i) of the second paragraph of this Section 4.05(a). Each Holder of a Class X 1X or Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A 1A, Class 1A-1B, Class 2A, Class 2A-1B, Class CA-1C and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a 1A, Class 2-A-3 Certificate) 1A-1B, Class 2A, Class 2A-1B, Class CA-1C, Class B, Class 1X or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 22X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from on behalf of the Trust, distribute, to the Holders of the Certificates (other than the Class C, Class R and Class PPP Certificates), the amount otherwise distributable to the Class XC-L Regular Interest on such Distribution Date pursuant to clause (d)(x) of the immediately preceding sentencedefinition of “REMIC II Distribution Amount,” sequentially, distributeas follows: (i) first, to the extent thereofClass A Certificates, pro rata, any Basis Risk Carry Forward Amount for such Classes for such Distribution Date and (ii) second, sequentially, to the Holders of each Class of M-1, Class A Certificates (other than the M-2, Class 2-A-3 M-3, Class M-4, Class B-1, Class B-2 and Class B-3 Certificates), the Carryover Shortfall Payment, if any, up to their respective Basis Risk Carry Forward Amounts for each such ClassDistribution Date. Each Holder of a Class X C Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Basis Risk Carry Forward Amounts to the Holders of the Class A Certificates (other than the Class 2-A-3 C, Class R and Class PPP Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in October 2006 to and including August 2013the Final Yield Maintenance Payment Date for the Class A-1 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in September 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in September 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC II Distribution Amount to the Holders of the REMIC II Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-2 Residual Interest pursuant to the definition of “REMIC II Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the A-1A, Class 2-A-3 A-1B, Class A-1C, Class A-1D and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.04(a) and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than X-PPP Certificates, the Assigned Prepayment Premiums for the Mortgage Loans for such Distribution Date. Furthermore, on each Distribution Date from and including the Distribution Date in July 2007 to and including the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2-A-3 Certificates) A-1C and Class Y Certificates, A-1D Certificates the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.16. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.16. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related applicable Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.16. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.16. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013in or before May 2015, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) A, Senior Subordinate and Class Y Certificates, the related applicable Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March September 2005 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and Certificateholders (including the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or R Certificateholders with respect to any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments distribution to the Holders of the Class A R-3 Residual Interest), (provided that any portion of such amount distributable to the Special Retail Certificates (other than shall be used first to pay any amount payable to the Class 2-A-3 Certificates) Rounding Account pursuant to the immediately preceding sentence Section 3.22) and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute Insurer in respect of the Certificate Insurer’s subrogation to certain rights to payment due to the Holders of the related Class A Insured Certificates as set forth in Section 3.21, (other than B) the Class 2I-A-3 Certificates) A-6 Covered Payoff Shortfall Amount, if any, and the Class Y CertificatesI-A-6 Covered Relief Act Shortfall Amount, if any, deposited therein for distribution on such date pursuant to Section 3.16 and the related Yield Maintenance Payment. The net distributions Deficiency Amount, if any, and distribute such amounts to the Holders of the Insured Certificates and (C) the applicable Rounding Amount, if any, deposited therein for distribution on such date pursuant to this Section 4.05(a) shall be made 3.22 and distribute the amount so withdrawn to the Special Retail Certificates in accordance with such Section 3.22, all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. Amounts distributed to the Certificate Insurer pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds to such account set forth in the Commitment (as defined in the Insurance Agreement) or such other account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class XX-2-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X X-2 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the and Class 2-A-3 Certificates) B Certificates pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Certificate, Class 2-A-3 Certificate) B Certificate or Class X X-2 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including the Distribution Date in March 2005 2006 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC II Distribution Amount to the Holders of the REMIC II Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-2 Residual Interest pursuant to the definition of “REMIC II Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the A-1A, Class 2-A-3 A-1B, Class A-1C, Class A-1D and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.04(a) and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than X-PPP Certificates, the Assigned Prepayment Premiums for the Mortgage Loans for such Distribution Date. Furthermore, on each Distribution Date from and including the Distribution Date in August 2007 to and including the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2-A-3 Certificates) A-1C and Class Y Certificates, A-1D Certificates the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-PPP-L and Class 2X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class 1A, Class 1A-1B, Class 2A, Class 2A-1B, Class CA-1C and Class B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class 2-A-3 Certificates), over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 21X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March May 2005 to and including August 2013the Final Yield Maintenance Payment Date for the Class 1-CB-3 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including May 2005 to and including the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates) and Class Y Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (a) on the initial Distribution Date, from the Initial Deposit, distribute to the Class DA Certificates an amount equal to the excess of (i) what would have been the sum of the Interest Distribution Amounts for each Component of such Class for such Distribution Date had such Interest Distribution Amounts been calculated based on a Certificate Interest Rate equal to One-Year MTA plus 0.970% over (ii) the sum of the actual Interest Distribution Amounts for such Components for such Distribution Date and (b) on each Distribution Date, from the amounts otherwise distributable to the Class XX-1-L and Class X-2-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentencesentence (pro rata according to such amount otherwise distributable), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the CA-1B, Class 2-A-3 DA-1B and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X X-1-L or Class X-2 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A CA-1B, Class DA-1B and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a DA, Class 2-A-3 Certificate) CA-1B, Class DA-1B, Class B, Class X-1 or Class X X-2 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, (i) on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP-1 Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 2 and Loan Group 4 for such Distribution Date and (ii) on the Distribution Date in June 2010 (or, if the Trust is terminated pursuant to Section 9.01 before the Distribution Date in June 2010, then on the date of such termination), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP-1 Certificates. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP-2 Certificates, the Assigned Prepayment Premiums for Loan Group 3 and Loan Group 5 for such Distribution Date and (ii) on the Distribution Date in June 2010 (or, if the Trust is terminated pursuant to Section 9.01 before the Distribution Date in June 2010, then on the date of such termination), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP-2 Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests Class B Certificates, the Class R Certificates (with respect to any distribution to the Holders of the Class R-2 Residual Interest) and the Class R-3 Residual InterestA-M and Class X-M Regular Interests. Notwithstanding the immediately preceding sentence, on each Distribution DateDate in or before April 2007, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L M Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates)that is a Capped Class, the Carryover Shortfall Payment, if any, Cap Coverage Amount for each such Class. Each Holder of a Class X Certificate is deemed deemed, by acceptance of such Certificate, to have accepted the terms for payment of the Carryover Shortfall Payments Cap Coverage Amounts to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19sentence. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment2.15. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC I Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC I Available Distribution Amount, the REMIC I Distribution Amount to the Group 1 Certificateholders and the Class R-1 Residual Interest, (iii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Group 3 Certificateholders and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentiv) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account the REMIC IV Available Distribution Amount for such Distribution Date and distribute distribute, from the amount so withdrawn, to the Holders extent of the related Class REMIC IV Available Distribution Amount, the REMIC IV Distribution Amount to the Group 2-A (other than and Group 2-B Certificateholders and the Class 2-A-3 Certificates) and Class Y CertificatesR-4 Residual Interest, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii), (iii) or (iv) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest (or provided that any duly appointed paying agent) shall, from the portion of such amount otherwise distributable to any Class of Special Retail Certificates shall be used first to pay any amount payable to the Class X-L Regular Interest on such Distribution Date applicable Rounding Account pursuant to Section 3.22) and (B) the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Paymentapplicable Rounding Amount, if any, deposited therein for each distribution on such Class. Each Holder of a Class X Certificate is deemed date pursuant to have accepted Section 3.22 and distribute the terms for payment of the Carryover Shortfall Payments amount so withdrawn to the Holders applicable Class of the Class A Special Retail Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of in accordance with such Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.193.22. Furthermore, on each Distribution Date from and including March July 2005 to and including August 2013the Final Yield Maintenance Payment Date for the Class CB-1 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including July 2005 to and including the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates) and Class Y CB-6 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the first Distribution Date to and including August 2013the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class, on each Distribution Date from and including the first Distribution Date to and including the Final Yield Maintenance Payment Date for the Class 24-A-3 Certificates) and Class Y A-2 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class, and on each Distribution Date from and including the first Distribution Date to and including the Final Yield Maintenance Payment Date for the Class 5-A-6 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC IV Distribution Amount to the Holders of the REMIC IV Regular Interests (other than the Class FX Certificates), and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-4 Residual Interest and (B) distribute to the Class FX Certificateholders the amounts to be distributed to such Holders, in each case, pursuant to the definition of “REMIC IV Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III IV Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR, Class CX-2-PPP, Class EX-PPP and Class 5X-PPP Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class XCX-1 and Class CX-2-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the 1A, Class 22A, Class CA-1B, Class CA-1C and Group L-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X CX-1 and Class CX-2-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A 1A, Class 2A, Class CA-1B, Class CA-1C and Group L-B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a 1A, Class 22A, Class CA-1B, Class CA-1C, Group L-A-3 Certificate) B or Class X CX-1 or Class CX-2-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance Assigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date. Notwithstanding the fourth preceding paragraph, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust, on each Distribution Date, from the amounts otherwise distributable as interest to the Class EX-PPP and Class 5X-PPP Certificates on such Distribution Date pursuant to the immediately preceding paragraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class 3A, Class 4A-1, Class 4A-2, Class 4A-B, Class 5A, Class DA-1B, Class DA-1C and Group M-B Certificates, the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class EX-PPP and Class 5X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class 3A, Class 4A-1, Class 4A-2, Class 4A-B, Class 5A, Class DA-1B, Class DA-1C and Group M-B Certificates pursuant to the fifth paragraph of this Section 4.05(a) and the provisions of Section 2.23. Each Holder of a Class 3A, Class 4A-1, Class 4A-2, Class 4A-B, Class 5A, Class DA-1B, Class DA-1C, Group M-B or Class EX-PPP or Class 5X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.23. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the (i) Holders of the Class EX-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 3 and Loan Group 4 for such Distribution Date and (ii) Holders of the Class 5X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 5 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including the Distribution Date in March 2005 2006 to and including August 2013the Final Yield Maintenance Payment Date for the Class 1-A-4 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including the Distribution Date in March 2006 to and including the Final Yield Maintenance Payment Date for the Class 1-A-7 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC I Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC I Available Distribution Amount, the REMIC I Distribution Amount to the Holders of the Group 1 Certificates, and (iiiii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Group 2-A, Group 3-A and Group L-B Certificates and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) or (iii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual InterestInterest and (B) distribute to the Supplemental Interest Trust the amounts to be distributed to the Supplemental Interest Trust, in each case, pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) shall distribute, from the Certificate Account, to each Class of Certificates (other than the Class R and Class PPP Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentenceparagraph, on each Distribution Date, (i) the distributions pursuant to the immediately preceding paragraph shall be reduced as follows: (x) the amount otherwise distributable to each Class of Class A or Senior Subordinate Certificates shall be reduced by the portion of the REMIC Interest Reduction Amount for such Distribution Date allocated to its Corresponding Class pursuant to the definition “REMIC Interest Reduction Amount” and (y) the amount otherwise distributable to the Class C Certificates shall be reduced by the entire amount distributable to the Class C-L Regular Interest pursuant to paragraph (d) of the definition of “REMIC III Distribution Amount” (the aggregate amount of such reduction, the “Available Additional Distribution Amount”); and (ii) the Trustee (or any duly appointed paying agent) shall, from on behalf of the amount otherwise distributable to Trust, distribute the Class X-L Regular Interest on such Available Additional Distribution Date pursuant to the immediately preceding sentence, distributeAmount, to the extent thereof, in accordance with the definition of “Additional Distribution Amount” to the Holders of each Class of the Class A and Senior Subordinate Certificates (other than and the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such ClassSupplemental Interest Trust. Each Holder of a Class X A, Senior Subordinate or Class C Certificate is deemed to have accepted the terms for the reduction of the amounts otherwise distributable to such Certificate, and the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) Additional Distribution Amount pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19this paragraph. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class XCX-1-L and Class CX-2-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 and Group B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Group B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a Class 2-A-3 Certificate) A, Group B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests Group 3 Certificateholders and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentiii) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account the REMIC IV Available Distribution Amount for such Distribution Date and distribute distribute, from the amount so withdrawn, to the Holders extent of the related Class A (other than REMIC IV Available Distribution Amount, the REMIC IV Distribution Amount to the Group 1, Group 2 and Group L-B Certificateholders and the Class 2-A-3 Certificates) and Class Y CertificatesR-4 Residual Interest, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) or (iii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests (other than the Class 1X-2 Certificates), and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest and (B) distribute to the Class 1X-2 Certificateholders the amounts to be distributed to such Holders, in each case, pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR and Class 1X-2 Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-L Regular Interest PPP and Class 2X-PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X 1X-PPP and Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2B, Class 1X-A-3 Certificate) PPP or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 21X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC III I Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III I Available Distribution Amount, the REMIC III I Distribution Amount to the Holders of the REMIC III Regular Interests Group 1 Certificateholders and the Class R-3 R-1 Residual Interest. Notwithstanding , (iii) withdraw from the immediately preceding sentence, on each Certificate Account the REMIC II Available Distribution Date, the Trustee (or any duly appointed paying agent) shallAmount for such Distribution Date and distribute, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distributeso withdrawn, to the extent thereofof the REMIC II Available Distribution Amount, the REMIC II Distribution Amount to the Holders of each Class of Class A Certificates (other than Group 2 Certificateholders and the Class 2-A-3 Certificates)R-2 Residual Interest, the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates and (other than the Class 2-A-3 Certificatesiv) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of Class R Certificateholders the related Class A (other than Group 1 Excess Liquidation Proceeds and the Class 2-A-3 Certificates) and Class Y CertificatesGroup 2 Excess Liquidation Proceeds for such Distribution Date, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii), (iii) or (iv) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Regular Interests Class A-3, Class X-1 and Class B Certificates, the Class R Certificates (with respect to any distribution to the Holders of the Class R-2 Residual Interest) and the Class R-3 Residual InterestA-M and Class X-2-M Regular Interests. Notwithstanding the immediately preceding sentence, on each Distribution DateDate in or before August 2008, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class XX-2-L M Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Cap Certificates (other than the Class 2-A-3 Certificates)that is a Capped Class, the Carryover Shortfall Payment, if any, Cap Coverage Amount for each such Class. Each Holder of a Class X X-2 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Cap Coverage Amounts to the Holders of the Class A Cap Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.15. Each Holder of a Class A (other than a Class 2-A-3 Certificate) Cap or Class X X-2 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment2.15. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and Interests, the Class R-3 Residual InterestInterest and the Supplemental Interest Trust. Notwithstanding the immediately preceding sentenceparagraph, on each Distribution Date, (i) the distributions pursuant to the immediately preceding paragraph shall be reduced as follows: (x) the amount otherwise distributable to each Class of Class A-L or Senior Subordinate Regular Interests shall be reduced by the portion of the REMIC Interest Reduction Amount for such Distribution Date allocated to such Class pursuant to the definition “REMIC Interest Reduction Amount” and (y) the amount otherwise distributable to the Class C-L Regular Interest shall be reduced by the entire amount distributable to the Class C-L Regular Interest pursuant to paragraph (d)(ix) of the definition of “REMIC III Distribution Amount” (the aggregate amount of such reduction, the “Available Additional Distribution Amount”); and (ii) the Trustee (or any duly appointed paying agent) shall, from on behalf of the amount otherwise distributable to Trust, distribute the Class X-L Regular Interest on such Available Additional Distribution Date pursuant to the immediately preceding sentence, distributeAmount, to the extent thereof, in accordance with the definition of “Additional Distribution Amount” to the Holders of each Class of the Class A and Senior Subordinate Certificates (other than and the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such ClassSupplemental Interest Trust. Each Holder of a Class X A, Senior Subordinate or Class C Certificate is deemed to have accepted the terms for the reduction of the amounts otherwise distributable to the Corresponding Class of REMIC III Regular Interests, and the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) Additional Distribution Amount pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19this paragraph. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from on behalf of the Trust, distribute, to the Holders of the Certificates (other than the Class C, Class R and Class PPP Certificates), the amount otherwise distributable to the Class XC-L Regular Interest on such Distribution Date pursuant to clause (d)(xi) of the immediately preceding sentencedefinition of “REMIC II Distribution Amount,” sequentially, distributeas follows: (i) first, to the extent thereofClass A Certificates, pro rata, any Basis Risk Carry Forward Amount for such Classes for such Distribution Date and (ii) second, sequentially, to the Holders of each Class of M-1, Class A Certificates (other than the M-2, Class 2-A-3 M-3, Class M-4, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates), the Carryover Shortfall Payment, if any, up to their respective Basis Risk Carry Forward Amounts for each such ClassDistribution Date. Each Holder of a Class X C Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Basis Risk Carry Forward Amounts to the Holders of the Class A Certificates (other than the Class 2-A-3 C, Class R and Class PPP Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in September 2006 to and including August 2013the applicable Final Yield Maintenance Payment Date for each Class of Class A-1B and Class A-2B Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in August 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in August 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III IV Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III IV Available Distribution Amount, the REMIC III IV Distribution Amount to the Holders of the REMIC III IV Regular Interests and the Class R-3 R-4 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable to the Class XDX-PPP-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates CA-1B, Class 4A-1B and Group L-B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (other than ii) on each Distribution Date, from the amounts otherwise distributable to the Class 25X-A-3 PPP-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class 5A-1B and Group 5-B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X DX-PPP-L or Class 5X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A CA-1B, Class 4A-1B, Class 5A-1B, Group L-B and Group 5-B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a CA-1B, Class 24A-1B, Class 5A-1B, Group L-A-3 Certificate) B, Group 5-B, Class DX-PPP or Class X 5X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2DX-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1, Loan Group 2, Loan Group 3 and Loan Group 4 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 5X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 5 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Class A-1-M and Class A-EXS-M Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest and (or any duly appointed paying agentB) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, distribute to the Holders of each Class of Class A the Certificates (other than the Class 2-A-3 A-1 and Exchangeable Certificates), ) the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed amounts to have accepted the terms for payment of the Carryover Shortfall Payments be distributed to the Holders of the Class A Certificates (other than the Class 2-A-3 those Certificates) , in each case, pursuant to the immediately preceding sentence definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) from the provisions of Section 2.19. Each Holder of a Certificate Account shall distribute to the Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, A-1 Certificates the amount deemed to have accepted been distributed pursuant to clause (ii) above to the provisions of Section 2.19Class A-1-M Regular Interest. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in May 2007 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A A-1 Certificates the Yield Maintenance Payment Amount for such Class. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account the aggregate amount deemed to have been distributed pursuant to clause (other than ii) of the first paragraph of this Section 4.05(a) to the Class 2A-A-3 EXS-M Regular Interests and distribute, from such aggregate amount, to each Class of Exchangeable Certificates, a fraction of the distributions of principal and/or interest, as applicable, made on such Distribution Date to each Class of Class A-EXS-M Regular Interests owned by such Class of Exchangeable Certificates (as provided in the second paragraph of Section 5.06(b)), the numerator of which fraction is the principal balance or notional amount, as applicable, of the portion of such Class of Class A-EXS-M Regular Interests owned by such Class of Exchangeable Certificates, and the denominator of which fraction is the Class Principal Balance or Class Notional Amount, as applicable, of such Class of Class A-EXS-M Regular Interests. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in April 2011 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in April 2011, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer's instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest, pursuant to the definition of "REMIC III Distribution Amount" for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-L Regular Interest PPP and Class 2X-PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X 1X-PPP and Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2B, Class 1X-A-3 Certificate) PPP or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than 1X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 22X-A-3 PPP Certificates) , the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. Furthermore, on each Distribution Date from and including the Distribution Date in July 2007 to and including the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class CA-1B and Class Y CA-1C Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions, (ii) withdraw from the Certificate Account the REMIC II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC II Available Distribution Amount, the REMIC II Distribution Amount to the Holders of the Group 4 Certificates and the Class R-2 Residual Interest and (iiiii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests Group 1, Group 2, Group 3 and Group L-B Certificates and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentenceFurthermore, (i) on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest shall on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment behalf of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2C-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1, Loan Group 2 and Loan Group 3 for such Distribution Date and (ii) on the Distribution Date in July 2010 (or, if the Servicer exercises its purchase option set forth in the first paragraph of this Section 9.01(a), or if all the Group 1, Group 2 and Group 3 Loans are paid in full or liquidated, in each case before the Distribution Date in July 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class C-PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)4.02(c) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Servicer, the Master ServicerServicer or a Third Party Servicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from on behalf of the Trust, distribute, to the Holders of the Group 3 Certificates (other than the Class 3-C Certificates), the amount otherwise distributable to the Class X3-C-L Regular Interest on such Distribution Date pursuant to clause (II)(d)(xiv) of the immediately preceding sentencedefinition of “REMIC III Distribution Amount,” sequentially, distributeas follows: (i) first, to the extent thereofGroup 3-A Certificates, pro rata, any Basis Risk Carry Forward Amount for such Classes for such Distribution Date and (ii) second, sequentially, to the Holders of each Class of 3-M-1, Class A Certificates (other than the 3-M-2, Class 23-A-3 M-3, Class 3-M-4, Class 3-M-5, Class 3-M-6, Class 3-B-1, Class 3-B-2, Class 3-B-3, Class 3-B-4 and Class 3-B-5 Certificates), the Carryover Shortfall Payment, if any, up to their respective Basis Risk Carry Forward Amounts for each such ClassDistribution Date. Each Holder of a Class X 3-C Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Basis Risk Carry Forward Amounts to the Holders of the Class A Group 3 Certificates (other than the Class 23-A-3 C Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Group 3 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in July 2006 to and including August 2013the applicable Final Yield Maintenance Payment Date for each Class of Class 1-A-1, Class 1-A-7, Class 1-A-12 and Class 2-CB-2 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2C-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1, Loan Group 2 and Loan Group 4 for such Distribution Date and (ii) on the Distribution Date in June 2010 (or, if the Servicer exercises its purchase option set forth in the first paragraph of this Section 9.01(a), or if all the Group 1, Group 2 and Group 4 Loans are paid in full or liquidated, in each case before the Distribution Date in June 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class C-PPP Certificates. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 3-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 3 for such Distribution Date and (ii) on the Distribution Date in June 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Group 3 Loans are paid in full or liquidated, in each case before the Distribution Date in June 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class 3-PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, on each Distribution Date, from the amount amounts otherwise distributable to the Class X1X-PPP-L and Class 2X-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentencesentence (pro rata according to such amount otherwise distributable), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the 1A-1B1, Class 2-A-3 1A-1B2, Class 1A-1B3, Class 1A-1B4 and Class B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X 1X-PPP or Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A 1A-1B1, Class 1A-1B2, Class 1A-1B3, Class 1A-1B4 and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a 1A-1B1, Class 21A-1B2, Class 1A-1B3, Class 1A-1B4, Class B, Class 1X-A-3 Certificate) PPP or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 21X-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 2X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest (or provided that any duly appointed paying agent) shall, from the portion of such amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date Special Retail Certificates shall be used first to pay any amount payable to the Rounding Account pursuant to the immediately preceding sentenceSection 3.22), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than B) the Class 21-A-3 Certificates), the Carryover A-6 Covered Payoff Shortfall PaymentAmount, if any, deposited therein for each distribution on such Class. Each Holder of a Class X Certificate is deemed date pursuant to have accepted Section 3.17 and the terms for payment of the Carryover Shortfall Payments Deficiency Amount, if any, and distribute such amounts to the Holders of the Class A Insured Certificates and (other than C) the Class 2-A-3 Certificates) applicable Rounding Amount, if any, deposited therein for distribution on such date pursuant to Section 3.22 and distribute the immediately preceding sentence and amount so withdrawn to the provisions of Special Retail Certificates in accordance with such Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.193.22. Furthermore, on each Distribution Date from and including March April 2005 to and including August 2013the Final Yield Maintenance Payment Date for the Class 1-A-3 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including April 2005 to and including the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates) and Class Y A-2 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) withdraw shall be deemed to have distributed from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent applicable portion of the REMIC III Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III Class A-EXS-M Regular Interests Interests, and to have deposited such amounts for their benefit into the Certificate Account, and (iii) from the Certificate Account shall (A) distribute to the Class R-3 R Certificateholders the amounts to be distributed to the Holders of the Class R-2 Residual InterestInterest and (B) distribute to the Holders of the Certificates (other than the Exchangeable Certificates) the amounts to be distributed to the Holders of those Certificates, in each case, pursuant to the definition of “REMIC II Distribution Amount” for such Distribution Date. Notwithstanding the immediately preceding sentenceFurthermore, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, shall on behalf of the Trust withdraw from the Certificate Account the aggregate amount otherwise distributable deemed to have been distributed pursuant to clause (ii) of the first paragraph of this Section 4.04(a) to the Class XA-L EXS-M Regular Interest Interests and distribute, from such aggregate amount, to each Class of Exchangeable Certificates, a fraction of the distributions of principal and/or interest, as applicable, made on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A A-EXS-M Regular Interests owned by such Class of Exchangeable Certificates (other than as provided in the Class 2-A-3 Certificatessecond paragraph of Section 5.06(b)), the Carryover Shortfall Paymentnumerator of which fraction is the principal balance or notional amount, if anyas applicable, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to portion of such Class of Class A-EXS-M Regular Interests owned by such Class of Exchangeable Certificates, and the Holders denominator of which fraction is the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) Principal Balance or Class X Certificate is deemedNotional Amount, by acceptance as applicable, of such Certificate, to have accepted the provisions Class of Section 2.19Class A-EXS-M Regular Interests. Furthermore, (i) on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2C-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in May 2011 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in May 2011, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class C-PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class XX-4-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X X-4 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.18. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X X-4 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.18. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in January 2006 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from on behalf of the Trust, distribute, to the Holders of the Certificates (other than the Class C, Class R and Class PPP Certificates), the amount otherwise distributable to the Class XC-L Regular Interest on such Distribution Date pursuant to clause (d)(xi) of the immediately preceding sentencedefinition of “REMIC II Distribution Amount,” sequentially, distributeas follows: (i) first, to the extent thereofClass A Certificates, pro rata (according to the Basis Risk Carry Forward Amount for such Classes for such Distribution Date), any Basis Risk Carry Forward Amount for such Classes for such Distribution Date and (ii) second, sequentially, to the Holders of each Class of M-1, Class A Certificates (other than the M-2, Class 2-A-3 M-3, Class M-4, Class B-1, Class B-2, Class B-3 and Class B-4 Certificates), the Carryover Shortfall Payment, if any, up to their respective Basis Risk Carry Forward Amounts for each such ClassDistribution Date. Each Holder of a Class X C Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Basis Risk Carry Forward Amounts to the Holders of the Class A Certificates (other than the Class 2-A-3 C, Class R and Class PPP Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 the Distribution Date in November 2006 to and including August 2013the applicable Final Yield Maintenance Payment Date for each Class of the Class A-1B and Class A-2 Certificates, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in October 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in October 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer's instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests, and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest, pursuant to the definition of "REMIC III Distribution Amount" for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class X1X-L Regular Interest PPP and Class 2X-PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X 1X-PPP and Class 2X-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2B, Class 1X-A-3 Certificate) PPP or Class X 2X-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than 1X-PPP Certificates, the Assigned Prepayment Premiums for Loan Group 1 for such Distribution Date. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 22X-A-3 PPP Certificates) , the Assigned Prepayment Premiums for Loan Group 2 for such Distribution Date. Furthermore, on each Distribution Date from and including the Distribution Date in August 2007 to and including the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class CA-1B and Class Y CA-1C Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (a) on the initial Distribution Date, from the Initial Deposit, distribute to each Class of Class of Class A-1A and Class A-1B Certificates an amount equal to the excess of (i) what would have been the Interest Distribution Amount for such Class for such Distribution Date had such Interest Distribution Amount been calculated based on a Certificate Interest Rate equal to the applicable Index plus the Certificate Margin over (ii) the actual Interest Distribution Amount for such Class for such Distribution Date and (b) (i) distribute to the Holders of the Class A-1C Certificates the Carryover Shortfall Payment, if any, for such Class, (A) first, on the initial Distribution Date, from the portion of the Initial Deposit remaining after the distribution pursuant to clause (a) of this paragraph and (B) second, from the amount otherwise distributable as interest to each of the Class XX-1-L and Class X-2-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentencesentence (pro rata according to such amount otherwise distributable), distribute, to the extent thereof, and (ii) distribute to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class, (A) first, on the initial Distribution Date, from the portion of the Initial Deposit remaining after the distributions pursuant to clause (a) and clause (b)(i)(A) of this paragraph and (B) second, from the amount (remaining afterh the distribution pursuant to clause (b)(i)(B) of this paragraph) otherwise distributable as interest to each of the Class X-1-L and Class X-2-L Regular Interests on such Distribution Date pursuant to the immediately preceding sentence (pro rata according to such amount otherwise distributable). Each Holder of a Class X X-1 or Class X-2 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A A-1C and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A-1C, Class 2-A-3 Certificate) B, Class X-1 or Class X X-2 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, (i) on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP-1 Certificates, the related Yield Maintenance PaymentSubgroup 1 Assigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in May 2010 (or, if the Trust is terminated pursuant to Section 9.01, or if all the Subgroup 1 Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in May 2010, then on the date of such termination or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP-1 Certificates. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP-2 Certificates, the Subgroup 2 Assigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in May 2010 (or, if the Trust is terminated pursuant to Section 9.01, or if all the Subgroup 1 Mortgage Loans are paid in full or liquidated, in each case before the Distribution Date in May 2010, then on the date of such termination or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class PPP-2 Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 A-1A2 Certificates)) and Class B Certificates, the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 A-1A2 Certificates) and Class B Certificates pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A Certificate (other than a Class 2-A-3 A-1A2 Certificate) ), Class B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March December 2005 to and including August 2013the Final Yield Maintenance Payment Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A Certificates (other than the a Class 2-A-3 A-1A2 Certificates) and Class Y Certificates), the related Yield Maintenance Payment. Furthermore, on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of the Class A-1B1, Class A-1B2 and Class A-1B3 and each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A A-1B1, Class A-1B2, Class A-1B3 and each Class of Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A-1B1, Class 2-A-3 Certificate) A-1B2, Class A-1B3, Class B or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than X Certificates the Class 2-A-3 Certificates) and Class Y Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.16. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.16. Furthermore, on each Distribution Date from and including March January 2005 to and including August July 2013, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Certificates, the related applicable Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee Interest (or provided that any duly appointed paying agent) shall, from the portion of such amount otherwise distributable to any Class of Special Retail Certificates shall be used first to pay any amount payable to the applicable Rounding Account pursuant to Section 3.22), (B) the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover CB-15 Covered Payoff Shortfall PaymentAmount, if any, deposited therein for each distribution on such Class. Each Holder of a Class X Certificate is deemed date pursuant to have accepted Section 3.17 and the terms for payment of the Carryover Shortfall Payments Deficiency Amount, if any, and distribute such amounts to the Holders of the Class A Insured Certificates and (other than C) the Class 2-A-3 Certificates) applicable Rounding Amount, if any, deposited therein for distribution on such date pursuant to Section 3.22 and distribute the immediately preceding sentence and amount so withdrawn to the provisions applicable Class of Special Retail Certificates in accordance with such Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.193.22. Furthermore, on each Distribution Date from and including March June 2005 to and including August 2013the Final Yield Maintenance Payment Date for the Class CB-1 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Class A (other than Yield Maintenance Payment Amount for such Class; on each Distribution Date from and including June 2005 to and including the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates) and Class Y CB-3 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class; on each Distribution Date from and including June 2005 to and including the Final Yield Maintenance Payment Date for the Class CB-9 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class; on each Distribution Date from and including June 2005 to and including the Final Yield Maintenance Payment Date for the Class CB-13 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class; on each Distribution Date from and including June 2005 to and including the Final Yield Maintenance Payment Date for the Class 5-A-2 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class; and on each Distribution Date from and including June 2005 to and including the Final Yield Maintenance Payment Date for the Class 5-A-5 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance Payment Amount for such Class. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III IV Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III IV Available Distribution Amount, the REMIC III IV Distribution Amount to the Holders of the REMIC III IV Regular Interests and the Class R-3 R-4 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable to the Class XCX-1 and Class CX-2-PPP-L Regular Interests on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class 1A, Class 2A, Class CA-1B, Class CA-1C and Group L-B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (ii) on each Distribution Date, from the amounts otherwise distributable to the Class 3X-1-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the 3A-1A, Class 23A-1B, Class 3A-1C and Group 3-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X CX-1, Class CX-2-PPP-L or Class 3X-1 Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A 1A, Class 2A, Class CA-1B, Class CA-1C, Class 3A-1A, Class 3A-1B, Class 3A-1C, Group L-B and Group 3-B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a 1A, Class 22A, Class CA-1B, Class CA-1C, Class 3A-1A, Class 3A-1B, Class 3A-1C, Group L-A-3 Certificate) B, Group 3-B, Class CX-1, Class CX-2-PPP or Class X 3X-1 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 3-PPP Certificates, the Assigned Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in September 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of Section 9.01(a), or if all the Group 3 Loans are paid in full or liquidated, in each case before the Distribution Date in September 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class 3-PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC II Distribution Amount to the Holders of the REMIC II Regular Interests (other than the Class X-2 Certificates), and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall distribute to the Class X-2 and Class R Certificateholders the amounts to be distributed to the Holders of the Class X-2 Certificates and the Class R-2 Residual Interest, respectively, pursuant to the definition of “REMIC II Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestX-2 and Class R Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class XX-1-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph, distribute, to the extent thereof, to the Holders of each Class of Class A-1A, Class A-1B, Class A-1C and Class B Certificates, the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class 2-A-3 Certificates), over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X X-1-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.04(a) and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X X-1-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2X-1-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for the Mortgage Loans for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.04(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Holders of the REMIC III II Regular Interests and the Class R-3 R-2 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable to the Class XX-1-L and the Class X-2-PPP-L Regular Interest Interests on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X X-1 or Class X-2-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.20. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B, Class X-1 or Class X X-2-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.20. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2X-2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Subgroup 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a4.04(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.04(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.04(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III IV Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III IV Available Distribution Amount, the REMIC III IV Distribution Amount to the Holders of the REMIC III IV Regular Interests and the Class R-3 R-4 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from on behalf of the Trust, distribute, to the Holders of the Group 3 Certificates (other than the Class 3-C Certificates), the amount otherwise distributable to the Class X3-C-L Regular Interest on such Distribution Date pursuant to clause (III)(d)(ix) of the immediately preceding sentencedefinition of “REMIC IV Distribution Amount,” sequentially, distributeas follows: (i) first, to the extent thereofGroup 3-A and Class 3-IO Certificates, pro rata, any Basis Risk Carry Forward Amount for such Classes for such Distribution Date and (ii) second, sequentially, to the Holders of each Class of 3-M-1, Class A Certificates (other than the 3-M-2, Class 23-A-3 M-3, Class 3-M-4, Class 3-B-1 and Class 3-B-2 Certificates), the Carryover Shortfall Payment, if any, up to their respective Basis Risk Carry Forward Amounts for each such ClassDistribution Date. Each Holder of a Class X 3-C Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments Basis Risk Carry Forward Amounts to the Holders of the Class A Group 3 Certificates (other than the Class 23-A-3 C Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Group 3 Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, (i) on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2C-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Group 1 and Group 2 Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in April 2010 (or, if the Servicer exercises its purchase option set forth in the first paragraph of this Section 9.01(a), or if all the Group 1 and Group 2 Loans are paid in full or liquidated, in each case before the Distribution Date in April 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class C-PPP Certificates. Furthermore, (i) on each Distribution Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the Class 3-PPP Certificates, the Assigned Group 3 Prepayment Premiums for such Distribution Date and (ii) on the Distribution Date in April 2010 (or, if the Servicer exercises its purchase option set forth in the second paragraph of this Section 9.01(a), or if all the Group 3 Loans are paid in full or liquidated, in each case before the Distribution Date in April 2010, then on the date of such purchase or payment in full or liquidation), the Trustee shall on behalf of the Trust withdraw from the Certificate Account $100 and distribute such amount to the Holders of the Class 3-PPP Certificates. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account (A) the REMIC III II Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III II Available Distribution Amount, the REMIC III II Distribution Amount to the Certificateholders (other than the Class R-1 Certificateholders) (provided that any portion of such amount distributable to any Class of Special Retail Certificates shall be used first to pay any amount payable to the applicable Rounding Account pursuant to Section 3.22) and to the Certificate Insurer in respect of the Certificate Insurer's subrogation to certain rights to payment due to the Holders of the REMIC III Regular Interests and Insured Certificates as set forth in Section 3.21, (B) the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (applicable Rounding Amount or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall PaymentAmounts, if any, deposited therein for each distribution on such Class. Each Holder date pursuant to Section 3.22 and distribute the amounts so withdrawn to the applicable Class of a Special Retail Certificates in accordance with such Section 3.22, (C) the Class X Certificate is deemed II-A-24 Covered Interest Shortfall Amount, if any, deposited therein for distribution on such date pursuant to have accepted the terms for payment of the Carryover Shortfall Payments Section 3.17 and distribute such amount to the Holders of the Class A Insured Certificates and (other than D) any Insured Amount received by the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of Trustee for such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013, the Trustee shall withdraw from the Certificate Account and distribute such amount to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y Insured Certificates, the related Yield Maintenance Payment. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made all in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b). Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in means of payment acceptable to the insurer under the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerPolicy. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register. Amounts distributed to the Certificate Insurer pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds to such account as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date or, at the election of the Certificate Insurer, by check sent by first class mail to such address as the Certificate Insurer shall designate in writing to the Trustee from time to time at least one Business Day before any Distribution Date.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) shall, subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and in accordance with the Servicer’s instructions, (ii) shall be deemed to have distributed from the Certificate Account the applicable portion of the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests (other than the Class 2X-1 Certificates), and to have deposited such amounts for their benefit into the Certificate Account, (iii) from the Certificate Account shall (A) distribute to the Class R Certificateholders the amounts to be distributed to the Holders of the Class R-3 Residual Interest and (B) distribute to the Class 2X-1 Certificateholders the amounts to be distributed to such Holders, in each case, pursuant to the definition of “REMIC III Distribution Amount” for such Distribution Date and (iv) shall withdraw from the Certificate Account the applicable portion of the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amountthereof, the REMIC III Distribution Amount to the Holders each Class of the REMIC III Regular Interests and Certificates (other than the Class R-3 Residual InterestR and Class 2X-1 Certificates) the amount deemed to have been distributed pursuant to clause (ii) above to its Corresponding Class. Notwithstanding the immediately preceding sentence, on each Distribution Dateparagraph, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, (i) on each Distribution Date, from the amount amounts otherwise distributable as interest to the Class XCX-L Regular Interest PPP Certificates on such Distribution Date pursuant to the immediately preceding sentenceparagraph (pro rata according to such amounts otherwise distributable as interest), distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the and Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class and (ii) on the initial Distribution Date, from the Initial Interest Shortfall Deposit, distribute, to the extent thereof, to the Holders of each Class of Class A and Class B Certificates, the excess, if any, of the Carryover Shortfall Amount, if any, for each such Class over the Carryover Shortfall Payment, if any, for each such Class, pro rata according to such excess amount. Each Holder of a Class X CX-PPP Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A and Class B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence second paragraph of this Section 4.05(a) and the provisions of Section 2.192.23. Each Holder of a Class A (other than a A, Class 2-A-3 Certificate) B or Class X CX-PPP Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2CX-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for Loan Group 1 and Loan Group 2 for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility on the part of the Trustee to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (iithis Section 4.05(a) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall (i) subject to Section 3.05(a)(viii), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shall, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.19. Each Holder of a Class A (other than a Class 2-A-3 Certificate) or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.19. Furthermore, on each Distribution Date from and including March 2005 the first Distribution Date to and including August 2013the Final Yield Maintenance Payment Date for the Class 1-A-3 Certificates, the Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the related Yield Maintenance Payment Amount for such Class A (other than and on each Distribution Date from and including the first Distribution Date to and including the Final Yield Maintenance Payment Date for the Class 2-A-3 Certificates) and Class Y CB-3 Certificates, the related Trustee shall withdraw from the Certificate Account and distribute to the Holders of such Class the Yield Maintenance PaymentPayment Amount for such Class. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master Servicer. Amounts distributed to the Certificateholders pursuant to clause (ii) above shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.

Distributions to Certificateholders; Payment of Special Primary Insurance Premiums. (a) On each Distribution Date, the Trustee (or any duly appointed paying agent) shall on behalf of the Trust (i) subject to Section 3.05(a)(viii3.05(a)(vi), withdraw from the Certificate Account any Special Primary Insurance Premium payable on such Distribution Date and pay such amount to the insurer under the applicable Special Primary Insurance Policy in accordance with the Servicer’s instructions and (ii) withdraw from the Certificate Account the REMIC III Available Distribution Amount for such Distribution Date and distribute, from the amount so withdrawn, to the extent of the REMIC III Available Distribution Amount, the REMIC III Distribution Amount to the Holders of the REMIC III Regular Interests and the Class R-3 Residual Interest. Notwithstanding the immediately preceding sentence, on each Distribution Date, the Trustee (or any duly appointed paying agent) shallshall on behalf of the Trust, from the amount otherwise distributable to the Class X-L Regular Interest on such Distribution Date pursuant to the immediately preceding sentence, distribute, to the extent thereof, to the Holders of each Class of Class A Certificates (other than the Class 2-A-3 B Certificates), the Carryover Shortfall Payment, if any, for each such Class. Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A B Certificates (other than the Class 2-A-3 Certificates) pursuant to the immediately preceding sentence and the provisions of Section 2.192.23. Each Holder of a Class A (other than a Class 2-A-3 Certificate) B Certificate or Class X Certificate is deemed, by acceptance of such Certificate, to have accepted the provisions of Section 2.192.23. Furthermore, on each Distribution Date from and including March 2005 to and including August 2013Date, the Trustee shall on behalf of the Trust withdraw from the Certificate Account and distribute to the Holders of the related Class A (other than the Class 2-A-3 Certificates) and Class Y PPP Certificates, the related Yield Maintenance PaymentAssigned Prepayment Premiums for such Distribution Date. The net distributions to the Certificates pursuant to this Section 4.05(a) shall be made in accordance with the written statement received from the Master Servicer pursuant to Section 4.02(b)) and without any responsibility to recalculate, verify or confirm the information in such statement. Any Special Primary Insurance Premiums distributed pursuant to clause (i) above of the first paragraph of this Section 4.05(a) shall be distributed by any method specified in the respective Special Primary Insurance Policy as directed by the related insurer to the Master ServicerServicer (and by the Servicer to the Trustee). Amounts distributed to the Certificateholders pursuant to clause (ii) above of the first paragraph of this Section 4.05(a) shall be distributed by wire transfer in immediately available funds for the account of, or by check mailed to, each such Certificateholder of record on the immediately preceding Record Date (other than as provided in Section 9.01 respecting the final distribution), as specified by each such Certificateholder and at the address of such Holder appearing in the Certificate Register.