Common use of Final Maturity Reserve Account Clause in Contracts

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement), pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount of each such Class thereof has been reduced to zero; third, to each Class of Group I Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Certificates, any Basis Risk Shortfall Carry-Forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amounts. The foregoing distributions will be treated as an amount paid by the Holder of the Class I-B-IO Certificates to purchase the outstanding Group I Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Certificates by the Holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May February 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April January 2037 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates and the Underlying Class I-A-2B Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Wells Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds xx xxnds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017November 2016, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates and the Underlying Class I-A-2B Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 November 2016 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and A-2A, Underlying Class I-A-3 Certificates A-2B (or the Swap Counterparty as set forth in the Grantor Trust Agreement)) and Class I-A-3 Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates (other than the Grantor Trust Class I-A-2B Certificates) and the Underlying Class I-A-2B Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates (other than the Grantor Trust Class I-A-2B Certificates) and the Underlying Class I-A-2B Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017July 2016, or on any Distribution Date thereafter, up to and including the Distribution Date for the Group I Offered Certificates in July 2036, any Group I Offered Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 July 2016 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 B-6 and Class I-B-9 B-7 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount of each such Class Amounts thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); ) and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May April 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April March 2037 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): 116 first, to the Class I-A-1, Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates, any Basis Risk Shortfall Carry-Carry Forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amounts. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May January 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 December 2036 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and Underlying A-2, Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)and Class I-A-3 Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than (a) On or before the Closing Date, the Paying Agent Securities Administrator shall establish and maintain in the name a Final Maturity Reserve Account on behalf of the Holders of the Group I Certificates. On the Closing Date, the Depositor shall cause an amount equal to the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in Deposit to be deposited into the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in Final Maturity Reserve Account must be an Eligible Account. The Final Maturity Reserve Account shall be entitled “Final Maturity Reserve Account, Xxxxx Fargo Bank, N.A. as Securities Administrator on behalf of HSBC Bank USA, National Association as Trustee for the benefit of holders of Group I Certificates”. On each Distribution Date as to which there is a Coupon Strip required to be applied to Group I Offered Certificates, the Securities Administrator shall deposit such Coupon Strip into the Final Maturity Reserve Account as Account, and the Securities Administrator has been directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from Certificateholder, as beneficial owner of the Final Maturity Reserve Account pursuant Account, to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds distribute amounts in the Final Maturity Reserve Account shall be invested in to the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance Holders of the Group I Mortgage Loans with original terms to maturity Offered Certificates in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date manner and priorities set forth in Schedule A hereto, then clause (d) below. Any amount paid to the Trustee Holders of Group I Offered Certificates pursuant to clause (d) below in respect of Basis Risk Shortfall Carry-Forward Amounts shall be treated as distributed in respect of the Final Maturity IO Interest to the Securities Administrator for deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount Account on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount behalf of the Group I Certificates as Holder of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement), pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount of each such Class thereof has been reduced to zero; third, to each Class of Group I Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Certificates, any Basis Risk Shortfall Carry-Forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amounts. The foregoing distributions will be treated as an amount beneficial owner of the Final Maturity Reserve Account, and then paid by the Securities Administrator on behalf of the Holder of the Class I-B-IO Certificates to purchase the outstanding Group I Certificates and will be deemed made pursuant to a mandatory purchase Holders of the Group I Certificates by Offered Certificates. Any payments to the Holder Holders of the Class IGroup I Offered Certificates in respect of Basis Risk Shortfall Carry-B-IO CertificatesForward Amounts pursuant to clause (d) below shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860(G)(a)(1).

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates and the Underlying Class I-A-2 Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Wells Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds xxxxs deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017October 2016, or on any Distribution Date thereafter, up to and including the Distribution Date for the Group I Offered Certificates in October 2036, any Group I Offered Certificates or Underlying Class I-A-2 Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates and the Underlying Class I-A-2 Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 October 2036 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Underlying Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)) and Class I-A-3 Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates (other than the Grantor Trust Certificates) and the Underlying Class I-A-2 Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates (other than the Grantor Trust Certificates) and the Underlying Class I-A-2 Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); ) and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than On or prior to the Closing DateDistribution Date in December 2026, the Paying Agent Trustee shall establish and maintain in the name of the Holders Trustee, for the benefit of the Group I CertificatesClass A-1, Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Clxxx X-0, Xxxxx M-6 and Class M-7 Certificateholders, the Final Maturity Reserve Account as a segregated trust account. On each Distribution Date on and after the Distribution Date in December 2026, the Trustee will deposit in the Final Maturity Reserve Account the Final Maturity Reserve Amount for each such Distribution Date as set forth under Section 5.04(a)(iii). The Paying Agent Final Maturity Reserve Account constitutes an "outside reserve fund" within the meaning of Treasury Regulation ss. 1.860G-2(h), and amounts on deposit in the Final Maturity Reserve Account will constitute an asset of the Trust but will not be an asset of any REMIC. The Class B-IO Certificateholders shall be the owners of the Final Maturity Reserve Account, and for all federal tax purposes, amounts transferred by the REMICs to the Final Maturity Reserve Account shall be treated as amounts distributed by the REMICs to the Class B-IO Certificateholders. The Trustee shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent Trustee will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders Certificateholders, so long as the Holder of the Class B-IO Certificates is an affiliate of the Master Servicer (and the Trustee shall be entitled to receive and rely upon a certificate from the Master Servicer regarding the identity of any of its Affiliates), in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account such account pursuant to this Agreement, if a Person other than the Trustee or an Affiliate of the Trustee manages or advises such investment. If no written direction with respect to such Permitted Investment investment shall be received by the Paying Agent Trustee from the Class I-B-IO CertificateholdersCertificateholders or if the Holder of the Class B-IO Certificates is no longer an affiliate of the Master Servicer, then funds in the Final Maturity Reserve such Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fundremain uninvested. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on Certificateholders and shall be remitted by the Distribution Date occurring in May 2017, or on any Distribution Date thereafter, any Group I Certificates are outstanding and Trustee to the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater Class B-IO Certificateholders no later than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such immediately succeeding Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on . The Class B-IO Certificateholders shall deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on amount of any Distribution Date, net loss incurred in respect of any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Certificates as such Permitted Investment immediately upon realization of such date, and (ii) the aggregate Stated Principal Balance loss without any right of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amountreimbursement therefor. On the earlier of (i) the Distribution Date in occurring in April 2037 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans September 2035 and the other assets in termination of the trust is expected to be madeTrust, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, Trustee shall distribute the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Clxxx X-0, Xxxxx M-6 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth M-7 Certificateholders in the Grantor Trust Agreement), pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount of each such Class thereof has been reduced to zero; third, to each Class of Group I Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Certificates, any Basis Risk Shortfall Carry-Forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amounts. The foregoing distributions will be treated as an amount paid by the Holder of the Class I-B-IO Certificates to purchase the outstanding Group I Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Certificates by the Holder of the Class I-B-IO Certificates.following priority:

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates and the Underlying Class I-A-2B Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Wells Fargo Prime Advantage Money Market Fund. All income and gain realized from investment invxxxxxnt of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017November 2016, or on any Distribution Date thereafter, any Group I Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates and the Underlying Class I-A-2B Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 November 2016 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Class I-A-2 and A-2A, Underlying Class I-A-3 Certificates A-2B (or the Swap Counterparty as set forth in the Grantor Trust Agreement)) and Class I-A-3 Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates (other than the Grantor Trust Class I-A-2B Certificates) and the Underlying Class I-A-2B Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates (other than the Grantor Trust Class I-A-2B Certificates) and the Underlying Class I-A-2B Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I Certificates and the Underlying Class I-A-2 Certificates, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Wells Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of xx funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017October 2016, or on any Distribution Date thereafter, up to and including the Distribution Date for the Group I Offered Certificates in October 2036, any Group I Offered Certificates or Underlying Class I-A-2 Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates and the Underlying Class I-A-2 Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 October 2036 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth and fifth below after application of the Termination Purchase Price): first, to the Class I-A-1, Underlying Class I-A-2 and Underlying Class I-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)) and Class I-A-3 Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 and Class I-B-9 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount Amounts of each such Class thereof has have been reduced to zero; third, to each Class of Group I Offered Certificates (other than the Grantor Trust Certificates) and the Underlying Class I-A-2 Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourth, to each Class of Group I Offered Certificates (other than the Grantor Trust Certificates) and the Underlying Class I-A-2 Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); ) and fifth, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.

Final Maturity Reserve Account. No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group I CertificatesCertificates and the Certificate Insurer, the Final Maturity Reserve Account as a segregated trust account. The Paying Agent shall keep records that accurately reflect the funds on deposit in the Final Maturity Reserve Account. The Paying Agent will invest funds deposited in the Final Maturity Reserve Account as directed by the Class I-B-IO Certificateholders in writing in Permitted Investments with a maturity date no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from the Final Maturity Reserve Account pursuant to this Agreement. If no written direction with respect to such Permitted Investment shall be received by the Paying Agent from the Class I-B-IO Certificateholders, then funds in the Final Maturity Reserve Account shall be invested in the Xxxxx Fargo Prime Advantage Money Market Fund. All income and gain realized from investment of funds deposited in the Final Maturity Reserve Account shall be for the sole and exclusive benefit of the Class I-B-IO Certificateholders. If, on the Distribution Date occurring in May 2017April 2016, or on any Distribution Date thereafter, up to and including the distribution date for the Offered Certificates in April 2036, any Group I Offered Certificates are outstanding and the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years is greater than the applicable scheduled amount for such Distribution Date set forth in Schedule A hereto, then the Trustee shall deposit into the Final Maturity Reserve Account, from Interest Funds with respect to such Distribution Date, the Coupon Strip for such Distribution Date, in accordance with the payment priority set forth in Section 6.01(a)(first), until the amount on deposit in the Final Maturity Reserve Account is equal to the Final Maturity Reserve Account Target. If, on any Distribution Date, any amounts on deposit in the Final Maturity Reserve Account exceed the lesser of (i) the aggregate Current Principal Amount of the Group I Offered Certificates as of such date, and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans with original terms to maturity in excess of 30 years as of such date, an amount equal to such excess shall be shall be distributed by the Trustee to the Class I-B-IO Certificates on such Distribution Date as a part of the Class I-B-IO Distribution Amount. On the earlier of (i) the Distribution Date in occurring in April 2037 2036 and (ii) the Distribution Date on which the final distribution of payments from the Group I Mortgage Loans and the other assets in the trust is expected to be made, funds on deposit in the Final Maturity Reserve Account will be distributed to the Certificates in the following order of priority (provided, however, if the Group I Mortgage Loans loans are purchased on the related Optional Termination Date, the funds on deposit in the Final Maturity Reserve Account will be used to make payments in accordance with priorities fourth sixth and fifth seventh below after application of the Termination Purchase Price): first, to the Class I-A-1A, Class III-A-2 A, Class III-A and Underlying Class IIV-A-3 Certificates (or the Swap Counterparty as set forth in the Grantor Trust Agreement)A Certificates, pro rata, in accordance with their respective outstanding Current Principal Amounts until the Current Principal Amount of each such Class has Amounts thereof have been reduced to zero; second, Certificate Insurer, any accrued and unpaid Reimbursement Amounts payable to the Certificate Insurer in respect of any Deficiency Amount described in clauses (a)(2) or (b)(y) of such definition; third, sequentially, to the Class I-B-1, Class I-B-2, Class I-B-3, Class I-B-4, Class I-B-5, Class I-B-6, Class I-B-7, Class I-B-8 B-6 and Class I-B-9 B-7 Certificates, in that order, after giving effect to principal distributions on such Distribution Date, until the Current Principal Amount of each such Class Amounts thereof has have been reduced to zero; thirdfourth, to each Class of Group I Offered Certificates, any Current Interest and Interest Carry Forward Amount for each such Class remaining unpaid after giving effect to interest distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); fourthfifth, to the Certificate Insurer, any accrued and unpaid Reimbursement Amounts payable to the Certificate Insurer in respect of any Deficiency Amount described in clauses (a)(1) or (b)(x) of such definition; sixth, to each Class of Group I Offered Certificates, any Basis Risk Shortfall Carry-Forward forward Amount for each such Class remaining unpaid after giving effect to the distributions on such Distribution Date in accordance with payment priorities set forth in Section 6.01(a); ) and fifthseventh, to the Class I-B-IO Certificates, any remaining amountsamount. The foregoing forgoing distributions will be treated as an amount paid by the Holder holder of the Class I-B-IO Certificates to purchase the outstanding Group I Offered Certificates and will be deemed made pursuant to a mandatory purchase of the Group I Offered Certificates by the Holder holder of the Class I-B-IO Certificates.