Common use of REMIC A Clause in Contracts

REMIC A. On each Distribution Date, the REMIC A Regular Interests shall receive distributions of interest and principal equal in the aggregate to amounts distributable pursuant to Sections 4.01 and 4.02 (other than to the Class R Certificates in respect of the Class R-4 Interest) from amounts on deposit in the Distribution Account. Such amounts with respect to interest shall accrue at the Weighted Average Net Mortgage Rate on each REMIC A Regular Interest. Any shortfalls of interest will be allocated, first, to the Class TA-4 Interest, second, to the Class TA-1 Interest, and third, to Class TA-2 Interest. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-1 and Class TA-2 Interests in the aggregate in an amount equal to the Principal Remittance Amount less the lesser of Overcollateralization Release Amount and the Overcollateralization Amount. Such aggregate amount shall be allocated first to the Class TA-1 Interest, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loans, second to the Class TA-2 Interest, until such Class is reduced to zero and third to the Class TA-1 Interest, until such Class is reduced to zero. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-4 Interest such that the principal balance of the Class TA-4 Interest is equal to the Remaining Overcollateralization Amount and fourth to the Class T-AI1 Interest, until such Class is reduced to zero. Realized Losses shall be allocated first to the Class TA-4 Interest, until such Class is reduced to zero, second to the Class TA-1 Interest, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loans, third to the Class TA-2 Interest, until such Class is reduced to zero, and fourth to the Class TA-1 Interest, until such Class is reduced to zero. Such amounts with respect to principal and any Realized Losses with respect to principal shall reduce the principal balances of the REMIC A Regular Interests so that, in the aggregate, such balances correspond to the Pool Balance of the Mortgage Loans as of the last day of the related Due Period. Amounts in the Distribution Account deemed distributed in respect of the REMIC A Regular Interests shall be treated as held by REMIC B for distribution in accordance with Section 4.08(e)(2). Any amounts remaining in REMIC A on a Distribution Date shall be distributed to the Class R Certificates in respect of the Class R-A Interest.

REMIC A. On each Distribution Date, the REMIC A Regular Interests shall receive distributions of interest and principal equal in the aggregate to amounts distributable pursuant to Sections 4.01 and 4.02 (other than to the Class R Certificates Certificate in respect of the Class R-4 Interest) from amounts on deposit distributed in respect of the Distribution AccountREMIC Q Regular Interests. Such amounts with respect to interest shall accrue (i) at the INV Adjusted Weighted Average Net Mortgage Rate on each of the Class TA-1, Class TA-2 and Class TA-4 Interests, (ii) at the INV Adjusted Group 1 Weighted Average Net Mortgage Rate on the Class TA-101 Interest, (iii) at the Weighted Average Net Mortgage Rate of the Group 2 Mortgage Loans on each REMIC A Regular the Class TA-102 Interest, and (iii) at the Class AIO-INV Pass-Through Rate on the Class TA-INV Interest. Any shortfalls of interest will allocated to the Class TQ-INV Interest in REMIC Q shall be likewise allocated to the Class TA-INV Interest. Any shortfalls of interest allocated to the Class TQ-1 and TQ-2 Interests in REMIC Q shall be allocated, first, to the Class TA-4 Interest, second, to the Class TA-1 Interest, and third, to Class TA-2 Interest and fourth, any remaining interest shortfalls with respect to the Group 1 Mortgage Loans shall be allocated to the Class TA-101 Interest and any remaining interest shortfalls with respect to the Group 2 Mortgage Loans shall be allocated to the Class TA-102 Interest. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-1 and Class TA-2 Interests in the aggregate in an amount equal to the Principal Remittance Amount less the lesser of Overcollateralization Release Amount and the Overcollateralization Amount. Such aggregate amount shall be allocated first to the Class TA-1 Interestfirst, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loans, second to the Class TA-2 Interest, until such Class is reduced to zero and third to the Class TA-1 Interest, until such Class is reduced to zero. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-4 Interest such that the principal balance of the Class TA-4 Interest is equal to the Remaining Overcollateralization Amount and fourth then to the Class T-AI1 TA-1, Class TA-101, Class TA-102 and TA-2 Interest as described in the following two sentences. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-1, Class TA-101, Class TA-102 and Class TA-2 Interests in the aggregate in an amount equal to the Principal Remittance Amount less the lesser of the Overcollateralization Release Amount and the Overcollateralization Amount. Such aggregate amount shall be allocated first to the Class TA-1, Class TA-101 and TA-102 Interests so that the Cxxxx XX-000 Xxxxxxxx xxx xxx Class TA-102 Interest have principal balances equal the amounts described in the definitions of Class TA-101 Principal Amount and Class TA-102 Principal Amount, respectively, with any remaining amounts allocated to the Class TA-1 Interest, until such Classes are reduced to zero and second to the Class TA-2 Interest, until such Class is reduced to zero. Realized Losses shall be allocated first to the Class TA-4 Interest, until such Class is reduced to zero, second to the Class TA-1, Class TA-101 and TA-102 Interests so that the Cxxxx XX-000 Xxxxxxxx xxx xxx Class TA-102 Interest have principal balances equal the amounts described in the definitions of Class TA-101 Principal Amount and Class TA-102 Principal Amount, respectively, with any remaining amounts allocated to the Class TA-1 Interest, until such Class is Classes are reduced to the Principal Balance of the Adjustable-Rate Mortgage Loanszero, and third to the Class TA-2 Interest, until such Class is reduced to zero, and fourth to the Class TA-1 Interest, until such Class is reduced to zero. Such amounts with respect to principal and any Realized Losses with respect to principal shall reduce the principal balances of the REMIC A Regular Interests so that, in the aggregate, such balances correspond to the Pool Balance of the Mortgage Loans as of the last day of the related Due Collection Period. Amounts in the Distribution Account deemed distributed in respect of the REMIC A Regular Interests shall be treated as held by REMIC B for distribution in accordance with Section 4.08(e)(24.08(e)(3). Any amounts remaining in REMIC A on a Distribution Date shall be distributed to the Class R Certificates Certificate in respect of the Class R-A Interest.

REMIC A. On each Distribution Date, the REMIC A Regular Interests shall receive distributions of interest and principal equal in the aggregate to amounts distributable pursuant to Sections 4.01 and 4.02 (other than to the Class R Certificates Certificate in respect of the Class R-4 Interest) from amounts on deposit in the Distribution Account. Such amounts with respect to interest shall accrue at the Weighted Average Net Mortgage Rate on each REMIC A Regular Interest. Any shortfalls of interest will be allocated, first, to the Class TA-4 Interest, second, to the Class TA-1 Interest, and third, to Class TA-2 Interest. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated first, to the Class TA-4 Interest such that the principal balance of the Class TA-4 Interest is equal to the Remaining Overcollateralization Amount and then to the Class TA-1 and TA-2 Interest as described in the following two sentences. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-1 and Class TA-2 Interests in the aggregate in an amount equal to the Principal Remittance Amount less the lesser of the Overcollateralization Release Amount and the Overcollateralization Amount. Such aggregate amount shall be allocated first to the Class TA-1 Interest, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loans, zero and second to the Class TA-2 Interest, until such Class is reduced to zero and third to the Class TA-1 Interest, until such Class is reduced to zero. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-4 Interest such that the principal balance of the Class TA-4 Interest is equal to the Remaining Overcollateralization Amount and fourth to the Class T-AI1 Interest, until such Class is reduced to zero. Realized Losses shall be allocated first to the Class TA-4 Interest, until such Class is reduced to zero, second to the Class TA-1 Interest, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loanszero, and third to the Class TA-2 Interest, until such Class is reduced to zero, and fourth to the Class TA-1 Interest, until such Class is reduced to zero. Such amounts with respect to principal and any Realized Losses with respect to principal shall reduce the principal balances of the REMIC A Regular Interests so that, in the aggregate, such balances correspond to the Pool Balance of the Mortgage Loans as of the last day of the related Due Collection Period. Amounts in the Distribution Account deemed distributed in respect of the REMIC A Regular Interests shall be treated as held by REMIC B for distribution in accordance with Section 4.08(e)(2). Any amounts remaining in REMIC A on a Distribution Date shall be distributed to the Class R Certificates Certificate in respect of the Class R-A Interest.

REMIC A. On each Distribution Date, the REMIC A Regular Interests shall receive distributions of interest and principal equal in the aggregate to amounts distributable pursuant to Sections 4.01 and 4.02 (other than to the Class R Certificates in respect of the Class R-4 Interest) from amounts on deposit in the Distribution Account. Such amounts with respect to interest shall accrue at the Weighted Average Net Mortgage Rate on each REMIC A Regular Interest. Any shortfalls of interest will be allocated, first, to the Class TA-4 Interest, second, to the Class TA-1 Interest, and third, to Class TA-2 Interest. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-1 and Class TA-2 Interests in the aggregate in an amount equal to the Principal Remittance Amount less the lesser of Overcollateralization Release Amount and the Remaining Initial Overcollateralization Amount. Such aggregate amount shall be allocated first to the Class TA-1 InterestTA-1, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loanszero, and second to the Class TA-2 Interest, until such Class is reduced to zero and third to the Class TA-1 Interest, until such Class is reduced to zero. Amounts in reduction of principal balance of the REMIC A Regular Interests shall be allocated to the Class TA-4 Interest such that (taking into consideration any Realized Losses allocated to the Class TA-4 Interest pursuant to the following sentence) the principal balance of the Class TA-4 Interest is equal to the Remaining Initial Overcollateralization Amount and fourth to the Class T-AI1 Interest, until such Class is reduced to zeroAmount. Realized Losses shall be allocated first to the Class TA-4 Interest, until such Class is reduced to zero, second to the Class TA-1 Interest, until such Class is reduced to the Principal Balance of the Adjustable-Rate Mortgage Loans, third to the Class TA-2 InterestTA-1, until such Class is reduced to zero, and fourth third to the Class TA-1 InterestTA-2 , until such Class is reduced to zero. Such amounts with respect to principal and any Realized Losses with respect to principal shall reduce the principal balances of the REMIC A Regular Interests so that, in the aggregate, such balances correspond to the Pool Balance of the Mortgage Loans as of the last day of the related Due Period. Amounts in the Distribution Account deemed distributed in respect of the REMIC A Regular Interests shall be treated as held by REMIC B for distribution in accordance with Section 4.08(e)(2). Any amounts remaining in REMIC A on a Distribution Date shall be distributed to the Class R Certificates in respect of the Class R-A Interest.