Common use of REMIC II Designation Clause in Contracts

REMIC II Designation. The Trust shall issue each of the following Classes of Certificates, each of which shall have the following Certificate Rates and initial Class Principal Balances and shall evidence ownership of a regular interest in REMIC II except to the extent provided below: Class of Certificates Initial Class Principal Balance Initial Certificate Rate Class 1A1 $ 131,839,000 5.48691%(1) Class 1A2 $ 6,520,000 5.48691%(1) Class 2A1 $ 400,000,000 5.20479%(2) Class 2A2 $ 383,536,000 5.20479%(2) Class 2A3 $ 68,461,000 5.20479%(2) Class 2A4 $ 150,665,000 5.20479%(2) Class 2A5 $ 49,538,000 5.20479%(2) Class 3A1 $ 94,348,000 5.43611%(3) Class 3A2 $ 4,666,000 5.43611%(3) Class B1 $ 31,059,000 5.25282%(4) Class B2 $ 10,804,000 5.25282%(4) Class B3 $ 5,401,000 5.25282%(4) Class B4 $ 6,077,000 5.25282%(4) Class B5 $ 4,051,000 5.25282%(4) Class B6 $ 3,376,498 5.25282%(4) Class R $ 100 5.48691%(5) Class RC $ 100 5.48691%(5)

REMIC II Designation. The Trust shall issue each of the following Classes of Certificates, each of which shall have the following Certificate Rates and initial Class Principal Balances and shall evidence ownership of a regular interest in REMIC II except to the extent provided below: Class of Certificates Initial Class Principal Balance Initial Certificate Rate Class 1A1 $ 131,839,000 5.48691%(174,245,000 (1 ) Class 1A2 $ 6,520,000 5.48691%(13,449,000 (1 ) Class 2A1 $ 400,000,000 5.20479%(21,080,259,000 (2 ) Class 2A2 $ 383,536,000 5.20479%(2) Class 2A3 $ 68,461,000 5.20479%(2) Class 2A4 $ 150,665,000 5.20479%(2) Class 2A5 $ 49,538,000 5.20479%(250,176,000 (2 ) Class 3A1 $ 94,348,000 5.43611%(3160,221,000 (3 ) Class 3A2 $ 4,666,000 5.43611%(37,443,000 (3 ) Class 4A1 $ 60,686,000 (4 ) Class 4A2 $ 2,819,000 (4 ) Class of Certificates Initial Class Principal Balance Initial Certificate Rate Class 5A1 $ 131,889,000 (5 ) Class 5A2 $ 6,127,000 (5 ) Class 6A1 $ 89,171,000 (6 ) Class 6A2 $ 4,142,000 (6 ) Class B1 $ 31,059,000 5.25282%(439,259,000 (7 ) Class B2 $ 10,804,000 5.25282%(413,085,000 (7 ) Class B3 $ 5,401,000 5.25282%(47,851,000 (7 ) Class B4 $ 6,077,000 5.25282%(45,234,000 (7 ) Class B5 $ 4,051,000 5.25282%(44,361,000 (7 ) Class B6 $ 3,376,498 5.25282%(44,365,162 (7 ) Class R $ 100 5.48691%(5(8 ) Class RC $ 100 5.48691%(5(9 )

REMIC II Designation. The Trust shall issue each of the following Classes of Certificates, each of which shall have the following Certificate Rates and initial Class Principal Balances and shall evidence ownership of a regular interest in REMIC II except to the extent provided below: Class of Certificates Initial Class Principal Balance Initial Certificate Rate Class 1A1 $ 131,839,000 5.48691%(1$419,625,000 (2) Class 1A2 $ 6,520,000 5.48691%(124,143,000 (2) Class 2A1 $ 400,000,000 5.20479%(2$231,612,000 (3) Class 2A2 $ 383,536,000 5.20479%(2) Class 2A3 $ 68,461,000 5.20479%(2) Class 2A4 $ 150,665,000 5.20479%(2) Class 2A5 $ 49,538,000 5.20479%(28,717,000 (3) Class 3A1 $ 94,348,000 5.43611%(368,220,000 (4) Class 3A2 $ 4,666,000 5.43611%(32,568,000 (4) Class 4A1 $ 43,565,000 (5) Class 4A2 $ 1,640,000 (5) Class 5A1A $ 56,036,000 (6) Class 5A1B $317,896,000 (7) Class 5A2(1) $ 14,073,000 (8) Class 6A1 $ 89,703,000 (9) Class 6A2 $ 3,376,000 (9) Class B1 $ 31,059,000 5.25282%(419,916,000 (10) Class B2 $ 10,804,000 5.25282%(49,293,000 (10) Class B3 $ 5,401,000 5.25282%(45,311,000 (10) Class B4 $ 6,077,000 5.25282%(45,310,000 (10) Class B5 $ 4,051,000 5.25282%(43,983,000 (10) Class B6 $ 3,376,498 5.25282%(42,656,049 (10) Class R $ 100 5.48691%(5(11) Class RC $ 100 5.48691%(5(12)

REMIC II Designation. The Trust REMIC shall issue each of the following Classes of Certificates, each of which shall have the following Certificate Rates and initial Class Principal Balances and shall evidence ownership of a regular interest in REMIC II except to the extent provided belowBalances: Class of Certificates Initial Class Principal Balance Initial Certificate Rate INITIAL CLASS CLASS OF PRINCIPAL BALANCE INITIAL CERTIFICATES AMOUNT CERTIFICATE RATE ------------ ----------------- ---------------- Class 1A1 $ 131,839,000 5.48691%(1125,590,000 3.492%(1) Class 1A2 $ 6,520,000 5.48691%(112,560,000 3.492%(1) Class 1A3 $ 105,000,000 3.492%(1) Class 2A1 $ 400,000,000 5.20479%(2) Class 2A2 $ 383,536,000 5.20479%(2) Class 2A3 $ 68,461,000 5.20479%(2) Class 2A4 $ 150,665,000 5.20479%(2) Class 2A5 $ 49,538,000 5.20479%(299,089,000 4.191%(2) Class 3A1 $ 94,348,000 5.43611%(3237,742,000 3.939%(3) Class 3A2 4A1 $ 4,666,000 5.43611%(396,059,000 4.873%(4) Class B1 $ 31,059,000 5.25282%(411,899,000 3.948%(5) Class B2 $ 10,804,000 5.25282%(44,899,000 3.948%(5) Class B3 $ 5,401,000 5.25282%(42,099,000 3.948%(5) Class B4 $ 6,077,000 5.25282%(42.100,000 3.948%(5) Class B5 $ 4,051,000 5.25282%(41,749,000 3.948%(5) 111484 GSR 2004-7 Trust Agreement INITIAL CLASS CLASS OF PRINCIPAL BALANCE INITIAL CERTIFICATES AMOUNT CERTIFICATE RATE ------------ ----------------- ---------------- Class B6 $ 3,376,498 5.25282%(41,050,537 3.948%(5) Class R $ 100 5.48691%(5) Class RC $ 100 5.48691%(54.191%(6)

REMIC II Designation. The Trust shall issue each of the following Classes of Certificates, each of which shall have the following Certificate Rates and initial Class Principal Balances and shall evidence ownership of a regular interest in REMIC II except to the extent provided below: Class of Certificates Initial Class Principal Balance or Notional Amount Initial Certificate Rate Class 1A1 $ 131,839,000 5.48691%(11A-1 $186,326,000 (6) Class 1A2 $ 6,520,000 5.48691%(12A-1 $105,399,000 (7) Class 2A1 A-2(1) $ 400,000,000 5.20479%(272,931,000 (8) Class 1X(2) $232,907,000(4) (9) Class 2A2 $ 383,536,000 5.20479%(22X(3) $131,749,000(4) (10) Class 2A3 B-1 $ 68,461,000 5.20479%(29,736,000 (11) Class 2A4 B-2 $ 150,665,000 5.20479%(28,677,000 (11) Class 2A5 B-3 $ 49,538,000 5.20479%(25,291,000 (11) Class 3A1 B-4 $ 94,348,000 5.43611%(38,677,000 (11) Class 3A2 B-5 $ 4,666,000 5.43611%(36,138,000 (11) Class B1 B-6 $ 31,059,000 5.25282%(49,312,000 (11) Class B2 B-7 $ 10,804,000 5.25282%(42,328,000 (11) Class B3 B-8 $ 5,401,000 5.25282%(4) Class B4 $ 6,077,000 5.25282%(4) Class B5 $ 4,051,000 5.25282%(4) Class B6 $ 3,376,498 5.25282%(48,466,000 (11) Class R $ 100 5.48691%(5(12) Class RC $ 100 5.48691%(5)(13) Class P-1 $ 100(5) (14) Class P-2 $ 100(5) (14) ________________________