Common use of Excess Reserve Fund Account Clause in Contracts

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan Trust 2006-FF11 Mortgage Pass-Through Certificates, Series 2006-FF11”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan Trust 2006-FF11 FF1, Mortgage Pass-Through Certificates, Series 2006-FF11FF1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 2006-FF11 OPT3, Mortgage Pass-Through Certificates, Series 2006-FF11OPT3”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 2006-FF11 OPT2, Mortgage Pass-Through Certificates, Series 2006-FF11OPT2”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062005-FF11 I1, Mortgage Pass-Through Certificates, Series 20062005-FF11I1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062007-FF11 WF1, Mortgage Pass-Through Certificates, Series 20062007-FF11WF1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b3.01(a) and 3.07(c3.01(b) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062007-FF11 HE1, Mortgage Pass-Through Certificates, Series 20062007-FF11HE1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 2006-FF11 OPT1, Mortgage Pass-Through Certificates, Series 2006-FF11OPT1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062005-FF11 OPT1, Mortgage Pass-Through Certificates, Series 20062005-FF11OPT1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo BankCitibank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062007-FF11 OPT1, Mortgage Pass-Through Certificates, Series 20062007-FF11OPT1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 2006-FF11 NC1, Mortgage Pass-Through Certificates, Series 2006-FF11NC1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust Fund but not the part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b3.01(a) and 3.07(c3.01(b) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo Bank, N.A. as paying agent securities administrator in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062007-FF11 NC1, Mortgage Pass-Through Certificates, Series 20062007-FF11NC1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b3.01(a) and 3.07(c3.01(b) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Xxxxx Fargo Bank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 2006-FF11 HE1, Mortgage Pass-Through Certificates, Series 2006-FF11HE1”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b) and 3.07(c) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo BankCitibank, N.A. as paying agent in trust for registered holders of First Franklin Mortgage HSI Asset Loan Obligation Trust 20062007-FF11 WF1, Mortgage Pass-Through Certificates, Series 20062007-FF11”. WF1.” Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.

Excess Reserve Fund Account. The separate Eligible Account created and maintained by the Securities Administrator under the Supplemental Interest Trust pursuant to Sections 3.07(b3.01(a) and 3.07(c3.01(b) in the name of the Securities Administrator as paying agent for the benefit of the LIBOR Certificateholders and the Class X Certificateholders and designated “Wxxxx Fargo Bank, N.A. as paying agent securities administrator in trust for registered holders of First Franklin Mortgage Loan HSI Asset Securitization Corporation Trust 20062007-FF11 HE2, Mortgage Pass-Through Certificates, Series 20062007-FF11HE2”. Funds in the Excess Reserve Fund Account shall be held in trust for such Certificateholders for the uses and purposes set forth in this Agreement. Amounts on deposit in the Excess Reserve Fund Account shall not be invested. The Excess Reserve Fund Account shall be considered part of the Supplemental Interest Trust but not part of any REMIC.