Common use of REMIC CX Clause in Contracts

REMIC CX. As provided herein, the Trustee will make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC CX." The Class R-CX Interest will represent the sole class of "residual interests" in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC CX Regular Interests. Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- Class C Variable(2) $38,500,205.17 August 2033 ______________________ 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "latest possible maturity date" for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC CX." The Class R-CX Interest will represent the sole class of "residual interests" in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC CX Regular Interests. Uncertificated Initial REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- ------------------- ------------------ ------------------ Class C Variable(2) $38,500,205.17 August 24,300,108.99 July 2033 ______________________ ------------------------ 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "latest possible maturity date" for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 9,545,660.04 December, 2045 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Pass‑Through Rate Initial Uncertificated Principal Balance Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 61,251,900.56 February 2035 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Pass‑Through Rate Initial Uncertificated Principal Balance Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 7,640,473.20 October 2045 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee Trust Administrator will make an election to treat the segregated pool of assets consisting of the Class C REMIC 4 Regular Interest LT4-IC, REMIC 4 Regular Interest LT4-IIC as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC CX." The Class R-CX Interest will represent the sole class of "residual interests" in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC CX Regular Interests. Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- ---------------- ----------------------- ---------------------- ---------------- Class I-C Variable(2Variable $28.51(2) $38,500,205.17 August 2033 ______________________ September 2032 Class II-C Variable 973.26(2) September 2032 ------------------------- 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "latest possible maturity date" for each REMIC CX X Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Pass‑Through Rate Initial Uncertificated Principal Balance Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 4,415,432.58 November 2034 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 [___________.__] [_____, 20______ ] 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 29,835,076.58 July 2046 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 9,591,132.74 December, 2045 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 33,449,151.58 February 25, 2047 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 33,639,665.19 June 2046 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC CX." The Class R-CX Interest will represent the sole class of "residual interests" in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC CX Regular Interests. Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- ------------- ------------------------ ----------------------- ------------------ Class C Variable(2)) $38,500,205.17 August 2033 ______________________ 410.65 July 2034 ------------------------- 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "latest possible maturity date" for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) $38,500,205.17 August 2033 ______________________ Variable2 $ 70,637,118.30 November, 2045 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX R‑CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Pass‑Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Pass‑Through Rate Initial Uncertificated Principal Balance Assumed Final Designation Pass-Through Rate Principal Balance Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 28,302,962.40 October 2046 1 Solely for purposes of Section 1.860G-1(a)(4)(iii1.860G‑1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.

REMIC CX. As provided herein, the Trustee will shall make an election to treat the segregated pool of assets consisting of the Class C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as "“REMIC CX." ” The Class R-CX Interest will shall represent the sole class of "“residual interests" ” in REMIC CX for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, Original Class Certificate initial Uncertificated Principal Balance, and solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the "“latest possible maturity date" ” for each of the REMIC CX Regular Interests. Designation Uncertificated REMIC CX Initial Uncertificated Assumed Final Designation Pass-Through Rate Initial Uncertificated Principal Balance Assumed Final Maturity Date(1) ----------- ----------------- ----------------- -------------- Date1 Class C Variable(2) Variable2 $38,500,205.17 August 2033 ______________________ 59,762,058.04 May 25, 2047 1 Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations, the Distribution Date in the month following the month of the maturity date for the Mortgage Loan with the latest maturity date has been designated as the "“latest possible maturity date" ” for each REMIC CX Regular Interest. 2 The Class C Certificates will not accrue interest on their Certificate Principal Balance. Instead, the monthly interest due on the Class C Certificates will be 100% of the interest paid on the Class C Interest.