Common use of Payment of Security Principal Clause in Contracts

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in the Principal Account and allocable to the Series 1998-3 Securities, after the Class B Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in the Principal Account and allocable to the Series 1998-3 2 Securities, after the Class B Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982000-3 1 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) During the Accumulation Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall deposit into the Principal Funding Account, to the extent of funds available, an amount equal to the Class A Adjusted Invested Amount, Class M Adjusted Invested Amount, Class B Adjusted Invested Amount and the portion of the Excess Collateral Amount not retained by the Transferor. On the Expected Final Payment Date with respect to the Accumulation Period, following any deposit to the Distribution Account pursuant to subsection 4.12(g) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders, Class M Securityholders, Class B Securityholders and Excess Collateral Holder from the Distribution Account in the manner described in subsection 4.12(g) below. (b) During the Early Amortization Period, on the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bc) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsEarly Amortization Period, on each Transfer Date during commencing with the Accumulation Period Transfer Date immediately preceding a the Distribution Date on which a distribution the Class A Invested Amount will be paid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall be made withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class M Principal for the related Distribution Date. On and after the Class A Invested Amount has been paid in full, and on each Distribution Date thereafter until the Class M Invested Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class M Securityholders from the Distribution Account such amounts deposited with respect to Class B Excess AmountsM Principal into the Distribution Account on the related Transfer Date. (d) During the Early Amortization Period, on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class M Invested Amount will be paid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On and after the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such dayM Invested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder Securityholders from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (e) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Amount for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Amount into the Distribution Account on such Transfer Date. (cf) Any amounts remaining in the Principal Account and allocable to the Series 19982004-3 2 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (dg) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution (i) to the Class A Securityholders up to an amount equal to the Class A Invested Amount, (ii) after the Class A Invested Amount has been paid in full, then to the Class M Securityholders up to an amount equal to the Class M Invested Amount, (iii) after the Class M Invested Amount has been paid in full, then to the Class B Securityholders up to an amount equal to the Class B Invested Amount and (iv) after the Class B Invested Amount has been paid in full, then to the Excess Collateral Holder up to an amount equal to the Excess Collateral Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period or the Principal Payment Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period or the Principal Payment Period until the Class A Invested Amount is paid in full, or on the Expected Scheduled Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e4.12(d) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in the Principal Account and allocable to the Series 19981999-3 2 Securities, after the Class B Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period or the Principal Payment Period and (ii) the Transfer Date immediately preceding the Expected Scheduled Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and (i) deposit into the Distribution Account with respect to the Early Amortization Period, or (ii) deposit into the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e4.12(d) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess AmountsAmounts (subject to the conditions specified below), the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer DateDate first to the Insurer to the extent of amounts then due and unpaid under the Insurance Agreement, second for deposit into the MBIA Master Subordination Account to the extent of the Aggregate Master Subordination Account Funding Requirement, and third to the Class B Securityholder; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal to be made to the Class B Securityholder shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. Any distribution of Class B Excess Amounts, or subtraction of Class B Excess Amounts from the Class B Invested Amount and addition thereof to the Transferor Interest, as otherwise permitted by this Section 4.12(b), shall not occur unless a Paired Series for Series 2004-1, meeting the conditions of Section 18 of this Series Supplement, is then issued and outstanding. (c) Any amounts remaining in the Principal Account and allocable to the Series 19982004-3 1 Securities, after the Class B Invested Amount has been paid in fullreduced to zero, will be treated as Shared Principal Collections and applied in accordance with Section subsection 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e4.12(d) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in the Principal Account and allocable to the Series 19982002-3 Securities, after the Class B Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section subsection 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 1998[-3 ] Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Distribution Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related such Distribution Date. On the Class B Principal Payment Commencement Date Date, after the payment of any principal amounts to the Class A Securities Security on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder Securityholders from the Distribution Account such amounts amount deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided. (b) On the Transfer Date preceding the CTO Principal Payment Commencement Date and each Distribution Date thereafter, howeverthe Trustee, thatacting in accordance with instructions from the Servicer set forth in the Daily Report for such day, if so designated shall withdraw from the Principal Account and deposit in writing by the Transferor with respect Distribution Account an amount equal to any such Transfer the lesser of the CTO Invested Amount and the amount on deposit in the Principal Account allocable to the Series 1998-1 Securities (after giving effect to transfers pursuant to subsection 4.12(b)). On the CTO Principal Payment Commencement Date, any such after the payment of Class B Principal shall not be made any principal amounts to the Class B Securityholder Securities on such day, and on each Distribution Date thereafter until the CTO Invested Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 to the CTO Securityholders from the Distribution Account such amount shall be subtracted from deposited into the Class B Invested Amount and added to Distribution Account on the Transferor Interestrelated Transfer Date. (c) On the Transfer Date preceding the Class D Principal Payment Commencement Date and each Business Day thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall make payments of principal to the Class D Securityholders in accordance with subsection 4.9(c)(iv) of the Agreement. (d) On each Business Day the Trustee acting in accordance with instructions from the Servicer set forth in the Daily Report for such Business Day shall make payments of principal to the Class D Securityholders of Class D Daily Principal, if any, designated by the Transferor pursuant to Section 4.7(d) of the Agreement. Any amounts remaining in the Principal Account and allocable to the Series 1998-3 1 Securities, after the Class B D Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section subsection 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982000-3 2 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982001-3 2 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) (i) On the Transfer Date preceding the July 2003 Distribution Date or (ii) in the event there shall have occurred a Pay Out Commencement Date, on the Transfer Date preceding each Distribution Date with respect to the Amortization Periodthereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation PeriodAccount, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On the July 2003 Distribution Date or, in the event there shall have occurred a Pay Out Commencement Date, on each Distribution Date with respect to the Early Amortization Period thereafter until the Class A Invested Outstanding Principal Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On the Transfer Date preceding the Class B Principal Payment Commencement August 2003 Distribution Date and each Transfer Date thereafter, or, or (ii) in the case of distributions of Class B Excess Amountsevent there shall have occurred a Pay Out Commencement Date, on each Transfer Date, commencing with the Transfer Date during immediately preceding the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Outstanding Principal Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment August 2003 Distribution Date or, in the event there shall have occurred a Pay Out Commencement Date, on each Distribution Date, commencing with the Distribution Date after the payment of any principal amounts to on which the Class A Securities on such dayOutstanding Principal Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Outstanding Principal Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder Securityholders from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in On the Principal Account and allocable to Transfer Date immediately preceding the Series 1998-3 Securities, after Distribution Date on which the Class B Invested Outstanding Principal Amount has been will be paid in full, will be treated as Shared Principal Collections and applied the Trustee, acting in accordance with Section 4.3(d) instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and distribute to the Excess Collateral Holder, to the extent of funds available, an amount equal to the AgreementExcess Collateral Monthly Principal for such Transfer Date. (d) On each Business Day on or after the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Defeasance Date, the Trustee, acting in accordance with instructions from the ServicerServicer set forth in the Daily Report for such Business Day, shall withdraw make payments of principal to the Excess Collateral Holder of Excess Collateral Daily Principal, if any, designated by the Transferor pursuant to subsection 4.7(c) of the Agreement. Notwithstanding the foregoing, if so designated in writing by the Transferor, any such payment of Excess Collateral Daily Principal on the Defeasance Date shall not be made to the Excess Collateral Holder and shall instead be made to the Transferor but such amount shall nonetheless be subtracted from each of the Excess Collateral Amount and the Excess Collateral Outstanding Principal Amount. (e) Any amounts remaining in the Principal Funding Account and allocable to the Series 2000-2 Securities, after the Excess Collateral Outstanding Principal Amount has been paid in full, will be withdrawn from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal distributed to the Class A Invested AmountExcess Collateral Holder.

Payment of Security Principal. (ai) On the Transfer Date preceding the January 2004 Distribution Date or (ii) in the event there shall have occurred a Pay Out Commencement Date, on the Transfer Date preceding each Distribution Date with respect to the Amortization Periodthereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation PeriodAccount, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On the January 2004 Distribution Date or, in the event there shall have occurred a Pay Out Commencement Date, on each Distribution Date with respect to the Early Amortization Period thereafter until the Class A Invested Outstanding Principal Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On the Transfer Date preceding the Class B Principal Payment Commencement February 2004 Distribution Date and each Transfer Date thereafter, or, or (ii) in the case of distributions of Class B Excess Amountsevent there shall have occurred a Pay Out Commencement Date, on each Transfer Date, commencing with the Transfer Date during immediately preceding the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Outstanding Principal Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment February 2004 Distribution Date or, in the event there shall have occurred a Pay Out Commencement Date, on each Distribution Date, commencing with the Distribution Date after the payment of any principal amounts to on which the Class A Securities on such dayOutstanding Principal Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Outstanding Principal Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder Securityholders from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in On the Principal Account and allocable to Transfer Date immediately preceding the Series 1998-3 Securities, after Distribution Date on which the Class B Invested Outstanding Principal Amount has been will be paid in full, will be treated as Shared Principal Collections and applied the Trustee, acting in accordance with Section 4.3(d) instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Funding Account and distribute to the Excess Collateral Holder, to the extent of funds available, an amount equal to the AgreementExcess Collateral Monthly Principal for such Transfer Date. (d) On each Business Day on or after the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Defeasance Date, the Trustee, acting in accordance with instructions from the ServicerServicer set forth in the Daily Report for such Business Day, shall withdraw make payments of principal to the Excess Collateral Holder of Excess Collateral Daily Principal, if any, designated by the Transferor pursuant to subsection 4.7(c) of the Agreement. Notwithstanding the foregoing, if so designated in writing by the Transferor, any such payment of Excess Collateral Daily Principal on the Defeasance Date shall not be made to the Excess Collateral Holder and shall instead be made to the Transferor but such amount shall nonetheless be subtracted from each of the Excess Collateral Amount and the Excess Collateral Outstanding Principal Amount. (e) Any amounts remaining in the Principal Funding Account and allocable to the Series 2001-2 Securities, after the Excess Collateral Outstanding Principal Amount has been paid in full, will be withdrawn from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal distributed to the Class A Invested AmountExcess Collateral Holder.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982001-3 1 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982000-3 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e4.12(d) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (b) On the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess Amounts, on each Transfer Date during the Accumulation Period preceding a Distribution Date on which a distribution shall be made with respect to Class B Excess Amounts, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date after the payment of any principal amounts to the Class A Securities on such day, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amounts, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to the Class B Securityholder and such amount shall be subtracted from the Class B Invested Amount and added to the Transferor Interest. (c) Any amounts remaining in the Principal Account and allocable to the Series 19982002-3 4 Securities, after the Class B Invested Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section subsection 4.3(d) of the Agreement. (d) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982001-3 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.

Payment of Security Principal. (a) On the Transfer Date preceding each Distribution Date with respect to the Amortization Period, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit into the Distribution Account with respect to the Early Amortization Period, or the Principal Funding Account with respect to the Accumulation Period, to the extent of funds available, an amount equal to the Class A Principal for such Distribution Date. On each Distribution Date with respect to the Early Amortization Period until the Class A Invested Amount is paid in full, or on the Class A Expected Final Payment Date with respect to the Accumulation Period following any deposit to the Distribution Account pursuant to subsection 4.12(e) of the Agreement, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class A Securityholders from the Distribution Account such amounts deposited with respect to Class A Principal into the Distribution Account on the related Transfer Date. (bi) On During the Transfer Date preceding the Class B Principal Payment Commencement Date and each Transfer Date thereafter, or, in the case of distributions of Class B Excess AmountsAccumulation Period, on each Transfer Date during after the Accumulation Period preceding a Distribution Date on which a distribution shall the Class A Invested Amount is paid in full and (ii) during the Early Amortization Period on each Transfer Date commencing with the Transfer Date immediately preceding the Distribution Date on which the Class A Invested Amount will be made with respect to Class B Excess Amountspaid in full, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the extent of funds available, an amount equal to the Class B Principal for the related Distribution Date. On the Class B Principal Payment Commencement Date and after the payment of any principal amounts to the Class A Securities on such dayInvested Amount has been paid in full, and on each Distribution Date thereafter until the Class B Invested Amount is paid in full and on each Distribution Date during the Accumulation Period on which amounts are to be distributed with respect to Class B Excess Amountsfull, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Class B Securityholder from the Distribution Account such amounts deposited with respect to Class B Principal into the Distribution Account on the related Transfer Date; provided, however, that, if so designated in writing by . (c) On the Transferor with respect to any such Transfer Date, any such payment of Class B Principal shall not be made to Date immediately preceding the Class B Securityholder and such amount shall be subtracted from Distribution Date on which the Class B Invested Amount will be paid in full and added on each Transfer Date thereafter, the Trustee, acting in accordance with instructions from the Servicer set forth in the Daily Report for such day, shall withdraw from the Principal Account and deposit in the Distribution Account, to the Transferor Interestextent of funds available, an amount equal to the Excess Collateral Monthly Principal for such Transfer Date. On and after the Transfer Date immediately preceding the Distribution Date on which the Class B Invested Amount will be paid in full, and on each Distribution Date thereafter until the Excess Collateral Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 of the Agreement to the Excess Collateral Holder from the Distribution Account such amounts deposited with respect to Excess Collateral Monthly Principal into the Distribution Account on such Transfer Date. (cd) Any amounts remaining in the Principal Account and allocable to the Series 19982001-3 4 Securities, after the Class B Invested Excess Collateral Amount has been paid in full, will be treated as Shared Principal Collections and applied in accordance with Section 4.3(d) of the Agreement. (de) On the earlier to occur of (i) the first Transfer Date with respect to the Early Amortization Period and (ii) the Transfer Date immediately preceding the Class A Expected Final Payment Date, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Principal Funding Account and deposit in the Distribution Account the amount on deposit in the Principal Funding Account for distribution to the Class A Securityholders up to an amount equal to the Class A Invested Amount.