Common use of Investment of Funds in the Certificate Account Clause in Contracts

Investment of Funds in the Certificate Account. the Distribution Account, the Excess Liquidation Proceeds Reserve Account, the Interest Reserve Account and the REO Account. (i) The Master Servicer may direct any depository institution maintaining the Certificate Account, any Lock-Box Account or any Cash Collateral Account to invest, (ii) the Special Servicer may direct any depository institution maintaining the REO Account to invest, or if it is a depository institution, may itself invest, and (iii) the Trustee may direct the depository institution maintaining the Distribution Account, the Excess Liquidation Proceeds Reserve Account or the Interest Reserve Account to invest, or if it is such depository institution, may itself invest, the funds held therein in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account is the obligor thereon, and (ii) no later than the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such). The Master Servicer (with respect to Permitted Investments of amounts in the

Investment of Funds in the Certificate Account. (a) Other than during the Distribution AccountMaster Servicer Float Period, the Excess Liquidation Proceeds Reserve AccountDepositor shall direct the investment of funds held in the Certificate Account in one or more Permitted Investments. Absent such direction, the Interest Reserve Securities Administrator shall invest such funds during such period in the Wxxxx Fargo Bank Advantage Prime Investment Money Market Fund so long as such fund is a Permitted Investment. The Securities Administrator may (but shall not be obligated to) invest funds in the Certificate Account and during the REO Account. (i) The Master Servicer may direct any depository institution maintaining the Certificate Float Period (for purposes of this Section 3.02, such Account is referred to as an “Investment Account”), any Lock-Box Account or any Cash Collateral Account to invest, (ii) the Special Servicer may direct any depository institution maintaining the REO Account to invest, or if it is a depository institution, may itself invest, and (iii) the Trustee may direct the depository institution maintaining the Distribution Account, the Excess Liquidation Proceeds Reserve Account or the Interest Reserve Account to invest, or if it is such depository institution, may itself invest, the funds held therein in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) or maturing on such Distribution Date, in the case of an investment that is an obligation of Wxxxx Fargo Bank, no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account is the obligor thereon, and (ii) no later than the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such)Securities Administrator. The Master Servicer (Securities Administrator shall be entitled to sole possession over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Securities Administrator or its agent, together with respect any document of transfer necessary to transfer title to such investment to the Securities Administrator. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investments of amounts in theInvestment payable on demand, the Securities Administrator may:

Investment of Funds in the Certificate Account. b) Other than during the Distribution AccountMaster Servicer Float Period, the Excess Liquidation Proceeds Reserve AccountDepositor shall direct the investment of funds held in the Certificate Account in one or more Permitted Investments. Absent such direction, the Interest Reserve Securities Administrator shall invest such funds during such period in the Xxxxx Fargo Advantage Prime Investment Money Market Fund so long as such fund is a Permitted Investment. The Securities Administrator may (but shall not be obligated to) invest funds in the Certificate Account and during the REO Account. (i) The Master Servicer may direct any depository institution maintaining the Certificate Float Period (for purposes of this Section 3.02, such Account is referred to as an “Investment Account”), any Lock-Box Account or any Cash Collateral Account to invest, (ii) the Special Servicer may direct any depository institution maintaining the REO Account to invest, or if it is a depository institution, may itself invest, and (iii) the Trustee may direct the depository institution maintaining the Distribution Account, the Excess Liquidation Proceeds Reserve Account or the Interest Reserve Account to invest, or if it is such depository institution, may itself invest, the funds held therein in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) or maturing on such Distribution Date, in the case of an investment that is an obligation of Xxxxx Fargo, no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account is the obligor thereon, and (ii) no later than the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such)Securities Administrator. The Master Servicer (Securities Administrator shall be entitled to sole possession over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Securities Administrator or its agent, together with respect any document of transfer necessary to transfer title to such investment to the Securities Administrator. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investments of amounts in theInvestment payable on demand, the Securities Administrator may:

Investment of Funds in the Certificate Account. (a) Other than during the Distribution AccountMaster Servicer Float Period, the Excess Liquidation Proceeds Reserve AccountDepositor shall direct the investment of funds held in the Certificate Account in one or more Permitted Investments. Absent such direction, the Interest Reserve Securities Administrator shall invest such funds during such period in the Xxxxx Fargo Bank Advantage Prime Investment Money Market Fund so long as such fund is a Permitted Investment. The Securities Administrator may (but shall not be obligated to) invest funds in the Certificate Account and during the REO Account. (i) The Master Servicer may direct any depository institution maintaining the Certificate Float Period (for purposes of this Section 3.02, such Account is referred to as an “Investment Account”), any Lock-Box Account or any Cash Collateral Account to invest, (ii) the Special Servicer may direct any depository institution maintaining the REO Account to invest, or if it is a depository institution, may itself invest, and (iii) the Trustee may direct the depository institution maintaining the Distribution Account, the Excess Liquidation Proceeds Reserve Account or the Interest Reserve Account to invest, or if it is such depository institution, may itself invest, the funds held therein in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) or maturing on such Distribution Date, in the case of an investment that is an obligation of Xxxxx Fargo Bank, no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account is the obligor thereon, and (ii) no later than the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such)Securities Administrator. The Master Servicer (Securities Administrator shall be entitled to sole possession over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Securities Administrator or its agent, together with respect any document of transfer necessary to transfer title to such investment to the Securities Administrator. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investments of amounts in theInvestment payable on demand, the Securities Administrator may:

Investment of Funds in the Certificate Account. Other than during the Distribution AccountMaster Servicer Float Period, the Excess Liquidation Proceeds Reserve AccountDepositor shall direct the investment of funds held in the Certificate Account in one or more Permitted Investments. Absent such direction, the Interest Reserve Securities Administrator shall invest such funds during such period in the Wxxxx Fargo Advantage Prime Investment Money Market Fund so long as such fund is a Permitted Investment. The Securities Administrator may (but shall not be obligated to) invest funds in the Certificate Account and during the REO Account. (i) The Master Servicer may direct any depository institution maintaining the Certificate Float Period (for purposes of this Section 3.02, such Account is referred to as an “Investment Account”), any Lock-Box Account or any Cash Collateral Account to invest, (ii) the Special Servicer may direct any depository institution maintaining the REO Account to invest, or if it is a depository institution, may itself invest, and (iii) the Trustee may direct the depository institution maintaining the Distribution Account, the Excess Liquidation Proceeds Reserve Account or the Interest Reserve Account to invest, or if it is such depository institution, may itself invest, the funds held therein in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) or maturing on such Distribution Date, in the case of an investment that is an obligation of Wxxxx Fargo, no later than the Business Day immediately preceding the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account is the obligor thereon, and (ii) no later than the next succeeding date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trustee (in its capacity as such)Securities Administrator. The Master Servicer (Securities Administrator shall be entitled to sole possession over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Securities Administrator or its agent, together with respect any document of transfer necessary to transfer title to such investment to the Securities Administrator. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investments of amounts in theInvestment payable on demand, the Securities Administrator may: