Common use of Prepayment Premiums and Yield Maintenance Charges Clause in Contracts

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee on the Classes of Certificates as follows: (i) first, the Trustee shall be deemed to distribute to itself, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee shall be deemed to distribute to itself, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates) then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Any Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan (but not the Serviced Companion Loan, which Prepayment Premium or Yield Maintenance Charge is allocable among the holder of the Serviced Companion Loan and the Trust Fund, as holder of the related A Note in a particular Loan Group accordance with the related Intercreditor Agreement) during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution DateLoan; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (Certificates, other than the Class A-1AH, Class J, Class K, Class L, Class M, Class N, N and Class O and Class P Certificates) , then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X X-1 and Class X-2 Certificates. Notwithstanding On or prior to the foregoingDistribution Date in August 2007, 88.00% of the Prepayment Premium or Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, Charge that is not so distributed to the REMIC Regular Certificates as follows: (a) if the amount Holders of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) Principal Balance Certificates will be distributed to the Holders of the Class X-Y Certificates; (b) if X-1 Certificates and 12.00% of the amount Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall Principal Balance Certificates will be distributed as follows: (x) 50% to the Holders of the Class A-1X-2 Certificates. After the Distribution Date in August 2007, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among any portion of such Classes as set forth in Prepayment Premium or Yield Maintenance Charge collected during the paragraphs above, and (y) 50% related Collection Period that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y X-1 Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class J, Class KA-MFL, Class L, Class M, Class N, Class O O, Class P, Class Q and Class P S Certificates) and the Class A-MFL Regular Interest then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the Class A-1A Certificates, Certificates and the Class A-MFL Certificates (but including the Class A-MFL Regular Interest) on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates (or the Class A-MFL Regular Interest, as applicable) and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee Paying Agent as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itself, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee shall be deemed to distribute to itselfTrustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class JA-MA, Class KA-JA, Class L, Class M, Class N, Class O O, Class P, Class Q and Class P S Certificates and the Floating Rate Certificates) and the Floating Rate Regular Interests then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates, except the Class A-1A, Class A-MA and Class A-JA Certificates and the Floating Rate Certificates, and the Floating Rate Regular Interests, on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates (or Floating Rate Regular Interests, as applicable) and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee Paying Agent as follows: to the Holders of the Class A-1A A-1A, Class A-MA and Class A-JA Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A A-1A, Class A-MA and Class A-JA Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Any Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution DateLoan; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (Certificates, other than the Class A-1A, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates) , then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X X-1 and Class X-2 Certificates. On or prior to the Distribution Date in February 2008, 65% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-1 Certificates and 35% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-2 Certificates. After the Distribution Date in February 2008, any portion of such Prepayment Premium or Yield Maintenance Charge collected during the related Collection Period that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-1 Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributeddistributed to the REMIC III Regular Certificates as follows, with allocations to be made pursuant to the following (a) and (b) on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate mortgage interest rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth in the paragraph above, and (yb) the amount remaining portion of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if . In addition, notwithstanding the amount of such Yield Maintenance Charges equals prior paragraph, Prepayment Premiums collected during any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed as follows: (xa) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-MAB, Class A-5, Class A-1A, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H H, Class X-1 and Class X X-2 Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates) and the Class A-3-1FL Regular Interest then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X X-1 and Class X-2 Certificates. On or prior to the Distribution Date in October 2010, 80% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-1 Certificates and 20% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-2 Certificates. After the Distribution Date in October 2010, any portion of such Prepayment Premium or Yield Maintenance Charge collected during the related Collection Period that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X-1 Certificates. For so long as the Swap Contract or any replacement swap contract is in effect, the Prepayment Premium allocated to the Class A-3-1FL Regular Interest shall be payable to the Swap Counterparty pursuant to the terms of the Swap Contract. If the Swap Contract and any replacement swap contract are no longer in effect, any Prepayment Premium allocated to the Class A-3-1FL Regular Interest shall be distributed to the Class A-3-1FL Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributeddistributed to the REMIC III Regular Interests as follows, with allocations to be made pursuant to the following (a) and (b) on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3-1, Class A-4A-3-2, Class A-MAB, Class A-4A, Class A-4B, Class A-J, Class B, Class C, Class D, Class E, Class FClasx X, Class GXxxxx X, Class H Xxxxx X, Xxxxs X-1 and Class X CertificatesX-2 Certificates and the Class A-3-1FL Regular Interest, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, A-1A Class A-2, Class A-3-1, Class A-4A-3-2, Class A-MAB, Class A-4A, Class A-4B, Class A-J, Class B, Class C, Class D, Class E, Class FClasx X, Class GXxxxx X, Class H Xxxxx X, Xxxxs X-1 and Class X CertificatesX-2 Certificates and the Class A-3-1FL Regular Interest, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A[J], Class J[K], Class K[L], Class L[M], Class M[N], Class N, Class O [O] and Class P [P] Certificates) and the Class A-3-1FL Regular Interest then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X [X-1] and Class [X-2] Certificates. On or prior to the Distribution Date in ____________, [80]% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class [X-1] Certificates and [20]% of the Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class [X-2] Certificates. After the Distribution Date in ____________, any portion of such Prepayment Premium or Yield Maintenance Charge collected during the related Collection Period that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class [X-1] Certificates. For so long as the Swap Contract or any replacement swap contract is in effect, the Prepayment Premium allocated to the Class A-3-1FL Regular Interest shall be payable to the Swap Counterparty pursuant to the terms of the Swap Contract. If the Swap Contract and any replacement swap contract are no longer in effect, any Prepayment Premium allocated to the Class A-3-1FL Regular Interest shall be distributed to the Class [A-3-1FL] Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributeddistributed to the REMIC III Regular Interests as follows, with allocations to be made pursuant to the following (a) and (b) on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class [X-Y Y] Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) [50% %] to the Holders of the Class [A-1], Class [A-1A], Class [A-2], Class [A-3-1], Class A-4[A-3-2], Class [A-MAB], Class [A-4A], Class [A-4B], Class [A-J], Class [B], Class [C], Class [D], Class [E], Class [F], Class [G], Class H [H], Class [X-1] and Class X Certificates[X-2] Certificates and the Class A-3-1FL Regular Interest, allocable among such Classes as set forth in the paragraphs above, and (y) [50% %] to the Holders of the Class [X-Y Y] Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) [50% %] to the Holders of the Class [A-1], Class [A-1A], Class [A-2], Class [A-3-1], Class A-4[A-3-2], Class [A-MAB], Class [A-4A], Class [A-4B], Class [A-J], Class [B], Class [C], Class [D], Class [E], Class [F], Class [G], Class H [H], Class [X-1] and Class X Certificates[X-2] Certificates and the Class A-3-1FL Regular Interest, allocable among such Classes as set forth in the paragraph above, and (b) [50% %] to the Holders of the Class [X-Y Y] Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates) then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, A-3 Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, A-1A Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest Interests or the RCE Loan REMIC Regular Interest, as applicable, to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular InterestsInterests or the RCE Loan REMIC Regular Interest, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A, Class J, Class K, Class L, Class M, Class N, Class O and Class P Certificates) then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates Certificates, except the Class A-1A Certificates, on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee Paying Agent as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X Certificates. Notwithstanding the foregoing, Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, to the REMIC Regular Certificates as follows: (a) if the amount of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) will be distributed to the Holders of the Class X-Y Certificates; (b) if the amount of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall be distributed as follows: (x) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraphs above, and (y) 50% to the Holders of the Class X-Y Certificates; and (c) notwithstanding the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y Certificates.

Prepayment Premiums and Yield Maintenance Charges. On any Distribution Date prior to and including the Distribution Date on which the Certificate Balance of the Class A Senior Certificates has been reduced to zero, Prepayment Premiums or Yield Maintenance Charges collected with respect to a Mortgage Loan in a particular Loan Group during any particular Collection Period will be distributed by the Trustee Paying Agent on the Classes of Certificates as follows: (i) first, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the Group PB REMIC I Regular Interest to which such Mortgage Loan relates, any Prepayment Premiums or Yield Maintenance Charges collected on or with respect to such Mortgage Loan in that Loan Group on that Distribution Date; and (ii) second, the Trustee Paying Agent shall be deemed to distribute to itselfthe Trustee, as holder of the REMIC II Regular Interests, any Prepayment Premiums or Yield Maintenance Charges deemed distributed to the REMIC I Regular Interests, and shall be deemed to distribute such Prepayment Premiums or Yield Maintenance Charges to the REMIC II Regular Interest then entitled to distributions of principal from the Principal Distribution Amount (or, if more than one Class of REMIC II Regular Interests is then entitled to distributions of principal from the Principal Distribution Amount, such Prepayment Premiums or Yield Maintenance Charges shall be deemed distributed among such Classes pro rata in accordance with the relevant amounts of entitlements to distributions of principal). Following such deemed distributions, in respect of Prepayment Premium or Yield Maintenance Charges on each Mortgage Loan in Loan Group 1, the Holders of the respective Classes of Principal Balance Certificates (other than the Class A-1A[J], Class J[K], Class K[L], Class L[M], Class M[N], Class N, Class O [O] and Class P [P] Certificates) and the Class A-3-1FL Regular Interest then entitled to distributions of principal from the Principal Distribution Amount for such Distribution Date, will be entitled to, and the Paying Agent on behalf of the Trustee will pay to such Holder(s), an amount equal to, in the case of each such Class, the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of all Classes of Certificates, except the that Class A-1A Certificates, on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of all Classes of Principal Balance Certificates on that Distribution Date, (b) the Base Interest Fraction for the related Principal Prepayment and that Class of Certificates and (c) the amount of Prepayment Premiums or Yield Maintenance Charges collected in respect of such Principal Prepayment during the related Collection Period. Following the deemed distributions set forth in the first paragraph of this Section 6.11, Prepayment Premiums or Yield Maintenance Charges collected in respect of each Mortgage Loan included in Loan Group 2 during the related Collection Period will be distributed by the Trustee as follows: to the Holders of the Class A-1A Certificates then entitled to distributions of principal on such Distribution Date, an amount equal to the product of (a) a fraction, which in no event may be greater than 1.0 or less than 0.0, the numerator of which is the amount distributed as principal to the Holders of that Class on that Distribution Date, and the denominator of which is the total amount distributed as principal to the Holders of the Class A-1A Certificates, (b) the Base Interest Fraction for the related Principal Prepayment and that Class and (c) the amount of the Prepayment Premium or Yield Maintenance Charge collected in respect of such Principal Prepayment prepayment during the related Collection Period. If there is more than one such Class of Principal Balance Certificates entitled to distributions of principal on such Distribution Date, the aggregate amount described in the preceding sentence will be allocated among such Classes on a pro rata basis in accordance with the relative amounts of entitlement to such distributions of principal. Any portion of such Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X [X-1] and Class [X-2] Certificates. Notwithstanding On or prior to the foregoingDistribution Date in ____________, [80]% of the Prepayment Premium or Yield Maintenance Charges collected during any Collection Period with respect to any Specially Designated Co-op Mortgage Loan will be distributed, on a pro rata basis, Charge that is not so distributed to the REMIC Regular Certificates as follows: (a) if the amount Holders of such Yield Maintenance Charges exceeds any applicable Yield Maintenance Minimum Amount, (x) the amount of such Yield Maintenance Charges that would have been payable with respect to such Specially Designated Co-op Mortgage Loan if the related Mortgage Rate was equal to the related REMIC I Net Mortgage Rate with respect to such Mortgage Loan (calculated without regard to any Yield Maintenance Minimum Amount) will be distributed as set forth above, and (y) the amount of such Yield Maintenance Charges actually payable during such Collection Period in excess of the amount to be distributed pursuant to clause (x) Principal Balance Certificates will be distributed to the Holders of the Class X-Y Certificates; (b) if [X-1] Certificates and [20]% of the amount Prepayment Premium or Yield Maintenance Charge that is not so distributed to the Holders of such Yield Maintenance Charges equals any applicable Yield Maintenance Minimum Amount, such Yield Maintenance Charges shall Principal Balance Certificates will be distributed as follows: (x) 50% to the Holders of the Class A-1[X-2] Certificates. After the Distribution Date in -151- ____________, Class A-1A, Class A-2, Class A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among any portion of such Classes as set forth in Prepayment Premium or Yield Maintenance Charge collected during the paragraphs above, and (y) 50% related Collection Period that is not so distributed to the Holders of such Principal Balance Certificates will be distributed to the Holders of the Class X[X-1] Certificates. For so long as the Swap Contract or any replacement swap contract is in effect, the Prepayment Premium allocated to the Class A-3-Y Certificates; 1FL Regular Interest shall be payable to the Swap Counterparty pursuant to the terms of the Swap Contract. If the Swap Contract and (c) notwithstanding any replacement swap contract are no longer in effect, any Prepayment Premium allocated to the foregoing, Prepayment Premiums collected during any Collection Period with respect to any Specially Designated CoClass A-3-op Mortgage Loan 1FL Regular Interest shall be distributed as follows: (a) 50% to the Holders of the Class A-1, Class A-1A, Class A-2, Class [A-3, Class A-4, Class A-M, Class A-J, Class B, Class C, Class D, Class E, Class F, Class G, Class H and Class X Certificates, allocable among such Classes as set forth in the paragraph above, and (b) 50% to the Holders of the Class X-Y 1FL] Certificates.