Common use of Mortgage Loans as Described Clause in Contracts

Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of August 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the PurchaserSponsor, as of August January 1, 20042006, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the PurchaserSponsor, as of August March 1, 20042006, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August January 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August February 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateFebruary 26, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August June 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August September 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateSeptember 25, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August April 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August March 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateMarch 27, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August June 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing DateJune 26, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August November 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on in the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, any as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August March 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateMarch 26, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August July 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing DateJuly 30, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August October 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August November 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August November 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateNovember 26, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August February 1, 20042005, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital has delivered to the Purchaser, as of August May 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the PurchaserSponsor, as of August April 1, 20042006, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August January 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateJanuary 28, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August May 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing DateMay 29, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on in the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, any as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August May 1, 20042001, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateMay 24, 2001;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August May 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August 1, 20042001, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateAugust 23, 2001;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August March 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateApril 30, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August April 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on in the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, any as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateAugust 27, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August September 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (2116) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing DateSeptember 1, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August July 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August October 1, 20042002, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Chargesprepayment charges, if any, as of the Securitization Closing DateOctober 29, 2002;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August April 1, 20042003, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital makes no representation or warranty) are is true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing DateApril 29, 2003;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August February 1, 2004, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;

Mortgage Loans as Described. NC Capital Corporation has delivered to the Purchaser, as of August April 1, 20042005, the Data Tape Information and that Data Tape Information and the information set forth on the Mortgage Loan Schedule (other than item (21) thereof, as to which NC Capital Corporation makes no representation or warranty) are true and correct, including, without limitation, the terms of the Prepayment Charges, if any, as of the Securitization Closing Date;