Common use of General Provisions with Respect to Principal and Interest Payment Clause in Contracts

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Mortgage Funding Trust 200 - , Asset-Backed Notes, Series 200 - ”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ of Class A-1A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - 2007-1, Asset-Backed Notes, Series 200 - 2007-1”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in thirteen Classes, [the Class A-1A A-1 Notes, Class A-1B A-2 Notes, Class A-2A A-3 Notes, Class A-2B Notes, Class A-2C A-4 Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes and Class M-6 M-9 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $311,472,000 of Class A-1A A-1 Notes, $ $57,693,000 of Class A-1B A-2 Notes, $ $205,650,000 of Class A-2A A-3 Notes, $ $67,513,000 of Class A-2B A-4 Notes, $ of Class A-2C Notes, $ $26,211,000 of Class M-1 Notes, $ $19,754,000 of Class M-2 Notes, $ $12,152,000 of Class M-3 Notes, $ $10,255,000 of Class M-4 Notes, $ $10,255,000 of Class M-5 Notes and $ Notes, $9,876,000 of Class M-6 Notes,] , $8,736,000 of Class M-7 Notes, $8,356,000 of Class M-8 Notes and $7,600,000 of Class M-9 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "Accredited Mortgage Funding Loan Trust 200 - 2002-1, Asset-Backed Notes, Series 200 - ”2002-1". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $68,704,000 of Class A-1A A-1 Notes and $138,694,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 2000-4, Asset-Mortgage Backed Notes, Series 200 - ”2000-4". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classesone Class, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 A Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $275,000,000 of Class A-1A A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of the Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] twelve 30-day months. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 2000-2, Asset-Mortgage Backed Notes, Series 200 - ”2000-2". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $255,000,000 of Class A-1A A-1 Notes and $45,000,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "_____________________, Mortgage Funding Trust 200 - , Asset-Backed Notes, Series 200 - ”_________". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $____________ of Class A-1A A-1 Notes and $_____________ of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02(a) of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] twelve 30-day months. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Mortgage Funding Trust 200 - , Asset-"Asset Backed Notes, Series 200 - ”. The Notes shall be issued in 1998-2" of the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 NotesIssuer. The aggregate Original Note Principal Balance principal amount of Notes that may be authenticated and delivered under the Indenture is limited to $ of $93,325,000 Class A-1A A-1 Notes and $60,000,000 Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. The Notes shall consist of two classes, each having an Original Note Balance, Note Interest Rate for the initial Interest Period and Final Maturity Date as follows: Original Note Initial Note Interest Final Designation Balance Rate Maturity Date ----------- ------- ---- ------------- Class A-1 $93,325,000 6.605% July 2029 Class A-2 $60,000,000 6.585% July 2029 The Notes shall be issued in the form specified in Section 2.01. Subject to the provisions of Sections Section 3.01, Section 5.07, Section 5.09 and 8.01 of this IndentureSection 8.02(d), the principal of each Class of the Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, Date unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the actual number Notes shall accrue at the related Note Interest Rate during each Interest Period on the Current Note Balance of days elapsed each Outstanding Note at the end of such Interest Period. Interest accrued during an Interest Period shall be payable on the next following Payment Date. All payments of principal of and interest on any Note shall be made in the related Interest Accrual Period.] manner specified in Section 2. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof5.07.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - , Asset-Backed Notes, Series 200 - ”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ of Class A-1A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - 2003-3, Asset-Backed Notes, Series 200 - 2003-3”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in three Classes, [the Class A-1A A-1 Notes, Class A-1B A-2 Notes, and the Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 A-3 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $194,704,000 of Class A-1A A-1 Notes $210,312,000 of Class A-2 Notes and $110,534,000 of Class A-3 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note or Class A-3 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Warehouse Trust 200 - 2000-1, Asset-Mortgage Backed Notes, Series 200 - ”2000-1". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the one Class A-1A Notes, designated as "Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 NotesA". The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $150,000,000 of Class A-1A A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture; provided, that the Original Note Principal Balance of the Class A Notes when added to the outstanding amount under the Existing Warehouse Facility shall not exceed $150,000,000; and provided further that the amount due under the Class A Notes at any time shall be equal to the Class A Note Principal Balance. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of the Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default or an Amortization Event and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof. The Notes need not be issued at the same time and, unless otherwise so provided by the Issuer, this series of Notes may be reopened upon (i) the execution of a Subsequent Pledge Agreement by the Depositor, Issuer and Indenture Trustee to effect the delivery by the Depositor to the Issuer (and the Grant by the Issuer to the Indenture Trustee) of Subsequent Mortgage Loans pursuant to Section 2.14(b) and (ii) the issuance by the Issuer of a Trust Order to authenticate additional Notes pursuant to Section 2.11 hereof. Any additional Notes so issued will rank pari passu with all other Notes issued under this series. In the event that additional Notes are issued to the holder of existing Notes, such holder may, at its option, elect to have a single new Note issued in an amount equal to the sum of the existing Notes remaining Note Principal Balance and the Note Principal Balance of the additional Note to be issued.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 2001-4, Asset-Mortgage Backed Notes, Series 200 - ”2001-4". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the one Class: Class A-1A Notes, A. The Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A Notes and Class M-6 Notes. The aggregate will have an Original Note Aggregate Principal Balance of $322,320,000. The Original Note Aggregate Principal Balance of the Notes that may be authenticated and delivered under the Indenture is limited to $ of Class A-1A Notessuch amounts, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each the Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such the Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] twelve 30-day months. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - 2005-2, Asset-Backed Notes, Series 200 - 2005-2”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in eleven Classes, [the Class A-1A Notes, Class A-1B A-1 Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes, Class M-6 Notes, Class M-7 Notes, Class M-8 Notes, Class M-9 Notes, Class M-10 Notes and Class M-6 M-11 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $187,263,000 of Class A-1A A-1 Notes, $ of Class A-1B Notes, $ $287,445,000 of Class A-2A Notes, $ $294,222,000 of Class A-2B Notes, $ $71,582,000 of Class A-2C Notes, $ $32,250,000 of Class M-1 Notes, $ $28,722,000 of Class M-2 Notes, $ $18,141,000 of Class M-3 Notes, $ $16,629,000 of Class M-4 Notes, $ $15,621,000 of Class M-5 Notes and $ Notes, $12,598,000 of Class M-6 Notes,] , $11,085,000 of Class M-7 Notes, $8,063,000 of Class M-8 Notes, $10,078,000 of Class M-9 Notes, $6,047,000 of Class M-10 Notes and $8,062,000 of Class M-11 Notes, except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 1999-2, Asset-Mortgage Backed Notes, Series 200 - ”1999-2". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $197,010,000 of Class A-1A A-1 Notes and $21,890,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02(a) of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. (a) The Notes Note shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Warehouse Trust 200 - 2001-1, Asset-Mortgage Backed NotesNote, Series 200 - ”. 2001-1". (b) The Notes Note shall be issued in the form specified in Section 2.01 hereof. The Notes Note shall be issued in Classesone Class, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 A Notes. The aggregate Original Note Principal Balance of the Class A Notes that may be authenticated and delivered under the Indenture is limited to $ of $200,000,000 and provided further that the amount due under the Class A-1A Notes, $ of A Note at any time shall be equal to the Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. A Note Principal Balance. (c) Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes the Note shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become Note becomes due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. . (d) All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR the Class A Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in elapsed; provided, that, after a Rate Fixing Date, such calculations shall be made on the related Interest Accrual Periodbasis of a year of 360 days consisting of twelve 30-day months.] (e) Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the NotesNote, if the Notes have Note has become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes Note shall be made in accordance with Section 5.07 8.02 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 2000-1, Asset-Mortgage Backed Notes, Series 200 - ”2000-1". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $200,000,000 of Class A-1A A-1 Notes and $35,000,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 2000-3, Asset-Mortgage Backed Notes, Series 200 - ”2000-3". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in Classesone Class, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 A Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $150,000,000 of Class A-1A A Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of the Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] twelve 30-day months. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - 2005-1, Asset-Backed Notes, Series 200 - 2005-1”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in eleven Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $300,820,000 of Class A-1A Notes, $ $75,200,000 of Class A-1B Notes, $ $152,760,000 of Class A-2A Notes, $ $147,400,000 of Class A-2B Notes, $ $77,320,000 of Class A-2C Notes, $ $55,030,000 of Class M-1 Notes, $ $30,730,000 of Class M-2 Notes, $ $12,840,000 of Class M-3 Notes, $ $12,380,000 of Class M-4 Notes, $ $29,350,000 of Class M-5 Notes and $ $9,630,000 of Class M-6 Notes,] , except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 1999-4, Asset-Mortgage Backed Notes, Series 200 - ”1999-4". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in three Classes, [the Class A-1A A-1 Notes, the Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-2 Notes and the Class M-6 A-3 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $100,000,000 of Class A-1A A-1 Notes, $ $90,000,000 of Class A-1B A-2 Notes and $30,000,000 of Class A-3 Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note or any Class A-2 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-3 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Mortgage Funding Trust 200 - , Asset-"Asset Backed Notes, Series 200 - ”. The Notes shall be issued in 1999-2" of the form specified in Section 2.01 hereof. The Notes shall be issued in Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 NotesIssuer. The aggregate Original Note Principal Balance principal amount of Notes that may be authenticated and delivered under the this Indenture is limited to $ of Class A-1A Notes$144,953,790, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. The Notes shall consist of one class designated as Class A, having a Note Interest Rate and Final Maturity Date as follows: Designation Original Note Note Interest Rate Final Maturity Date ----------- Balance ------------------ ------------------- ------- Class A 144,953,790 7.583% December 25, 2030 The Notes shall be issued in the form specified in Section 2.01. Subject to the provisions of Sections Section 3.01, Section 5.07, Section 5.09 and 8.01 of this IndentureSection 8.02(d), the principal of each Class of the Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, Date unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the actual number Notes shall accrue at the Note Interest Rate during each Interest Period on the Current Note Balance of days elapsed each Outstanding Note at the end of such Interest Period. Interest accrued during an Interest Period shall be payable on the next following Payment Date. All payments of principal of and interest on any Note shall be made in the related Interest Accrual Period.] manner specified in Section 2. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof5.07.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar Accredited Mortgage Funding Loan Trust 200 - 2003-2, Asset-Backed Notes, Series 200 - 2003-2”. The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in three Classes, [the Class A-1A A-1 Notes, Class A-1B A-2 Notes, and the Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 Notes and Class M-6 A-3 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $117,400,000 of Class A-1A A-1 Notes $199,890,000 of Class A-2 Notes and $99,510,000 of Class A-3 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note or Class A-3 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 1999-3, Asset-Mortgage Backed Notes, Series 200 - ”1999-3". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $186,065,000 of Class A-1A A-1 Notes and $32,835,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "ABFS Mortgage Funding Loan Trust 200 - 1998-4, Asset-Mortgage Backed Notes, Series 200 - ”1998-4". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $64,350,000 of Class A-1A A-1 Notes and $14,850,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02(a) of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.

General Provisions with Respect to Principal and Interest Payment. The Notes shall be designated generally as the “NovaStar "Accredited Mortgage Funding Loan Trust 200 - 2000-1, Asset-Backed Notes, Series 200 - ”2000-1". The Notes shall be issued in the form specified in Section 2.01 hereof. The Notes shall be issued in two Classes, [the Class A-1A Notes, Class A-1B Notes, Class A-2A Notes, Class A-2B Notes, Class A-2C Notes, Class M-1 Notes, Class M-2 Notes, Class M-3 Notes, Class M-4 Notes, Class M-5 A-1 Notes and the Class M-6 A-2 Notes. The aggregate Original Note Principal Balance of Notes that may be authenticated and delivered under the Indenture is limited to $ $53,047,000 of Class A-1A A-1 Notes and $120,429,000 of Class A-2 Notes, $ of Class A-1B Notes, $ of Class A-2A Notes, $ of Class A-2B Notes, $ of Class A-2C Notes, $ of Class M-1 Notes, $ of Class M-2 Notes, $ of Class M-3 Notes, $ of Class M-4 Notes, $ of Class M-5 Notes and $ of Class M-6 Notes,] except for the Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.06, 2.07, or 9.06 of this Indenture. Subject to the provisions of Sections 3.01, 5.07, 5.09 and 8.01 8.02 of this Indenture, the principal of each Class of Notes shall be payable in installments ending no later than the related Final Stated Maturity Date, unless the unpaid principal of such Notes become due and payable at an earlier date by declaration of acceleration or call for redemption or otherwise. All payments made with respect to any Note shall be applied first to the interest then due and payable on such Note and then to the principal thereof. [All computations of interest accrued on any LIBOR Class A-1 Note shall be made on the basis of a year of 360 days and twelve 30-day months. All computations of interest accrued on any Class A-2 Note shall be made on the basis of a year of 360 days and the actual number of days elapsed in the related Interest Accrual Period.] . Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Notes, if the Notes have become or been declared due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07 hereof.