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 "Mortgage Backed Notes, Series 200 - " of the Issuer. The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to $_____ , 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 _____, having a Note Interest Rate and Final Maturity Date as follows: Designation Original Note Balance Note Interest Rate Final Maturity Date ----------- --------------------- ------------------ ------------------- % The Notes shall be issued in the form specified in Section 2.01. Subject to the provisions of Section 3.01, Section 5.07, Section 5.09 and Section 8.02(d), the principal of the Notes shall be payable in installments ending no later than the Final 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 Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the Notes shall accrue at the Note Interest Rate during each Interest Period on the Current Note Balance of 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 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due and payable following an Event of Default and such acceleration of maturity and its consequences have not been rescinded and annulled, then payments of principal of and interest on the Notes shall be made in accordance with Section 5.07.

General Provisions with Respect to Principal and Interest Payment. The Secured Notes shall be designated generally as the "ABFS Mortgage Backed Loan Warehouse Trust 2000-2, Secured Notes, Series 200 - " of the Issuer2000-2". The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to $_____ , 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 _____, having a Note Interest Rate and Final Maturity Date as follows: Designation Original Note Balance Note Interest Rate Final Maturity Date ----------- --------------------- ------------------ ------------------- % The Secured Notes shall be issued in the form specified in Section 2.012.01 hereof. The aggregate Note Principal Balance of Secured Notes that may be authenticated and delivered under the Indenture is limited to the Maximum Note Balance (as defined in Appendix I to the Sale and Servicing Agreement). Subject to the provisions of Section Sections 3.01, Section 5.07, Section 5.09 and Section 8.02(d)8.02 of this Indenture, the principal of the Secured Notes shall be payable in installments ending no later than the related Final Stated Maturity Date Date, unless the unpaid principal of such Secured 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 Secured Note shall be applied first to the interest then due and payable on such Secured Note and then to the principal thereof. All computations of interest accrued on any Secured Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the Notes shall accrue at the Note Interest Rate during each Interest Period on the Current Note Balance actual number of 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 days elapsed in the manner specified in Section 2related Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Secured Notes, if the Secured 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 Secured Notes shall be made in accordance with Section 5.075.07 hereof. The Servicer will deliver to each Noteholder and the Indenture Trustee, at the time of issuance of each Secured Note and in connection with (i) the execution of the related Assignment by the Depositor, the Issuer and the Indenture Trustee to effect the delivery by the Depositor to the Issuer (and the Grant by the Issuer to the Indenture Trustee) of Mortgage Loans pursuant to Section 2.12(b) and (ii) the issuance by the Issuer of a Trust Order to authenticate additional Secured Notes pursuant to Section 2.11 hereof, the Mortgage Loan Schedule that relates to such Secured Note. Each Secured Note shall be secured by all of the Collateral, equally and ratably with each other Secured Note issued hereunder.

General Provisions with Respect to Principal and Interest Payment. The Secured Notes shall be designated generally as the "ABFS Mortgage Backed Loan Warehouse Trust 2003-1, Secured Notes, Series 200 - " of the Issuer2003-1". The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to $_____ , 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 _____, having a Note Interest Rate and Final Maturity Date as follows: Designation Original Note Balance Note Interest Rate Final Maturity Date ----------- --------------------- ------------------ ------------------- % The Secured Notes shall be issued in the form specified in Section 2.012.01 hereof. The aggregate Note Principal Balance of Secured Notes that may be authenticated and delivered under the Indenture is limited to the Maximum Note Balance (as defined in Appendix I to the Sale and Servicing Agreement). Subject to the provisions of Section Sections 3.01, Section 5.07, Section 5.09 and Section 8.02(d)8.02 of this Indenture, the principal of the Secured Notes shall be payable in installments ending no later than the related Final Stated Maturity Date Date, unless the unpaid principal of such Secured 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 Secured Note shall be applied first to the interest then due and payable on such Secured Note and then to the principal thereof. All computations of interest accrued on any Secured Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the Notes shall accrue at the Note Interest Rate during each Interest Period on the Current Note Balance actual number of 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 days elapsed in the manner specified in Section 2related Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Secured Notes, if the Secured 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 Secured Notes shall be made in accordance with Section 5.075.07 hereof. The Servicer will deliver to each Noteholder and the Indenture Trustee, at the time of issuance of each Secured Note and in connection with (i) the execution of the related Assignment by the Depositor, the Issuer and the Indenture Trustee to effect the delivery by the Depositor to the Issuer (and the Grant by the Issuer to the Indenture Trustee) of Mortgage Loans pursuant to Section 2.12(b) and (ii) the issuance by the Issuer of a Trust Order to authenticate additional Secured Notes pursuant to Section 2.11 hereof, the Mortgage Loan Schedule that relates to such Secured Note. Each Secured Note shall be secured by all of the Collateral, equally and ratably with each other Secured Note issued hereunder.

General Provisions with Respect to Principal and Interest Payment. The Secured Notes shall be designated generally as the "ABFS Mortgage Backed Loan Warehouse Trust 2000-2, Secured Notes, Series 200 - " of the Issuer2000-2". The aggregate principal amount of Notes that may be authenticated and delivered under this Indenture is limited to $_____ , 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 _____, having a Note Interest Rate and Final Maturity Date as follows: Designation Original Note Balance Note Interest Rate Final Maturity Date ----------- --------------------- ------------------ ------------------- % The Secured Notes shall be issued in the form specified in Section 2.012.01 hereof. The aggregate Note Principal Balance of Secured Notes that may be authenticated and delivered under the Indenture is limited to $200,000,000 of Secured Notes. With the exception of the Note Principal Balance, the calculation of the Advance Amount reflected thereon and the Maturity Date, each Secured Note shall have substantially the same terms as each other Secured Note, including the interest rate, the Payment Date and the Redemption Date. Subject to the provisions of Section Sections 3.01, Section 5.07, Section 5.09 and Section 8.02(d)8.02 of this Indenture, the principal of the Secured Notes shall be payable in installments ending no later than the related Final Stated Maturity Date Date, unless the unpaid principal of such Secured 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 Secured Note shall be applied first to the interest then due and payable on such Secured Note and then to the principal thereof. All computations of interest accrued on any Secured Note shall be made on the basis of a year of 360 days and twelve 30-day months. Interest on the Notes shall accrue at the Note Interest Rate during each Interest Period on the Current Note Balance actual number of 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 days elapsed in the manner specified in Section 2related Accrual Period. Notwithstanding any of the foregoing provisions with respect to payments of principal of and interest on the Secured Notes, if the Secured 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 Secured Notes shall be made in accordance with Section 5.075.07 hereof. The Servicer will deliver to each of the Note Holder and the Indenture Trustee, at the time of issuance of each Secured Note and in connection with (i) the execution of the related Assignment 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 Mortgage Loans pursuant to Section 2.12(b) and (ii) the issuance by the Issuer of a Trust Order to authenticate additional Secured Notes pursuant to Section 2.11 hereof, the Mortgage Loan Schedule that relate to such Secured Note. Each Secured Note shall be secured by all of the Collateral, equally and ratably with each other Secured Note issued hereunder.