Common use of REMIC III Clause in Contracts

REMIC III. On each Distribution Date, following the distributions with respect to the Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates will evidence ownership of a class of “regular interests” in REMIC III and the respective Classes Class X-A, Class X-B, Class X-C, Class X-D, Class X-E and Class X-Y Certificates will evidence ownership of Principal Balance seven (7), three (3), one (1), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests (and correspondinglyInterests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-D Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-Y Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-Y Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, the applicable Exchangeable Certificates) as follows: with respect to each REMIC II Regular Interest (i) first, to the Class H Certificates, of Certificates and (ii) the REMIC III Component of the Class G X-A, Class X-B, Class X-C, Class X-D, Class X-E or Class X-Y Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Aggregate Certificate Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) secondREMIC I Regular Interests, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B initial aggregate Uncertificated Principal Balance of the REMIC III II Regular Interest (Interests and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourththe initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) will be $1,487,599,793. The following table irrevocably sets forth the Class Designation, to the Pass-Through Rate and initial Class Principal Balance for each Class of Certificates. Class A-1 1.4790% per annum $ 57,333,000 Class A-2 2.9760% per annum $ 75,863,000 Class A-3 3.5280% per annum $ 59,936,000 Class A-4 3.4880% per annum $ 360,000,000 Class A-5 3.7520% per annum $ 386,043,000 Class A-SB 3.4640% per annum $ 102,144,000 Class A-S REMIC III Regular Interest (and correspondingly, the Variable(1) $ 104,132,000 Class A-S Certificates and the B Variable(1) $ 68,802,000 Class PST Certificates, pro rata, based on the C Variable(1) $ 52,066,000 Class A-S Percentage Interest and the D Variable(1) $ 111,570,000 Class A-S-PST Percentage Interest, respectively, in the E 3.4550% per annum $ 31,611,000 Class A-S REMIC III Regular Interest); and (v) fifth, to the F 3.4550% per annum $ 14,876,000 Class A-1 Certificates, the G 3.4550% per annum $ 63,223,793 Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.R None None

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A Certificates will evidence ownership of seven (7) classes of “regular interests” in REMIC III, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Class X-A Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, Class B Regular Interest and Class C Regular Interest and the REMIC III Components is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $1,037,956,638. The following table irrevocably sets forth the class designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S-PST Percentage S Regular Interest, respectively, in the Class B Regular Interest and Class C Regular Interest. Class A-1 1.1910% per annum $ 48,516,000 Class A-2 3.0270% per annum $ 103,340,000 Class A-3 3.6510% per annum $ 140,000,000 Class A-4 3.8960% per annum $ 170,000,000 Class A-5 Variable(1) $ 201,014,000 Class A-SB 3.6760% per annum $ 63,699,000 Class X-A Variable(1) (2) Class A-S REMIC III Regular Interest); and (vVariable(1) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, $ 35,031,000 Class A-SB Certificates, S-PEX Component(3) Variable(1) $ 35,031,000 Class A-3 Certificates and A-S Regular Interest(3) Variable(1) $ 70,062,000 Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.B Variable(1) $ 36,329,000 Class B-PEX Component(3) Variable(1) $ 36,328,000 Class B Regular Interest Variable(1) $ 72,657,000 Class C(3) Variable(1) $ 18,164,000 Class C-PEX Component(3) Variable(1) $ 18,165,000 Class C Regular Interest Variable(1) $ 36,329,000 Class PEX(3) (4) $ 89,524,000 Class D Variable(1) $ 66,169,000 Class E Variable(1) $ 19,462,000 Class F Variable(1) $ 7,785,000 Class G Variable(1) $ 38,923,637

REMIC III. On each Distribution Date, following the distributions with respect to the Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) and the respective EX XX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates, Class A-4 Certificates and Class A-4 A-5 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A, Class X-B, Class X-E, Class X-F and Class X-G Certificates will evidence ownership of seven (7), two (2), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, the Class B Regular Interest, the Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-F Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-F Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-G Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-G Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-E, Class X-F or Class X-G Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $829,624,316. Class Designations of the Certificates, the Class PEX Components and the Class A-S-PST Percentage S Regular Interest, respectivelyClass B Regular Interest and Class C Regular Interest. The following table irrevocably sets forth the Class Designation, in Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class B Regular Interest and Class C Regular Interest. Class A-1 Certificates, the 1.4710% per annum $30,186,000 Class A-2 Certificates, 2.6780% per annum $83,309,000 Class A-3 3.0860% per annum $43,133,000 Class A-4 2.9250% per annum $155,000,000 Class A-5 3.1840% per annum $215,903,000 Class A-SB Certificates, 2.9780% per annum $53,206,000 Class A-3 Certificates and X-A Variable(1) (2) Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.X-B Variable(1) (3) Class X-E Variable(1) (4) Class X-F Variable(1) (5) Class X-G Variable(1) (6) Class A-S(7) 3.4670% per annum $27,999,000 Class A-S-PEX Component(7) 3.4670% per annum $0 Class A-S Regular Interest(7) 3.4670% per annum $27,999,000 Class B(7) 3.7190% per annum $50,815,000 Class B-PEX Component(7) 3.7190% per annum $0 Class B Regular Interest(7) 3.7190% per annum $50,815,000 Class C(7) Variable(1) $51,851,000 Class C-PEX Component(7) Variable(1) $0 Class C Regular Interest(7) Variable(1) $51,851,000 Class PEX(7) (8) $0 Class D Variable(1) $44,593,000 Class E 2.6300% per annum $27,999,000 Class F 2.6300% per annum $14,519,000 Class G 2.6300% per annum $31,111,316 Class R None None Class V None (9)

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A, Class X-B, Class X-E, Class X-F and Class X-G Certificates will evidence ownership of seven (7), three (3), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, the Class B Regular Interest, the Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-F Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-F Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-G Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-G Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-E, Class X-F or Class X-G Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: REMIC II Regular Interest Class of Certificates or REMIC III Regular Interest REMIC III Component of Class X-A Certificates REMIC III Component of Class X-B Certificates REMIC III Component of Class X-E Certificates REMIC III Component of Class X-F Certificates REMIC III Component of Class X-G Certificates Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $1,138,484,364. The following table irrevocably sets forth the Class Designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S-PST Percentage S Regular Interest, respectively, in the Class A-S REMIC III B Regular Interest and Class C Regular Interest. Class X-A Variable(1) (2) Class X-B Variable(1) (3) Class X-E Variable(1) (4) Class X-F Variable(1) (5) Class X-G Variable(1) (6) Class R None None Class V None (9); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A, Class X-E, Class X-F and Class X-G Certificates will evidence ownership of six (6), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, the Class B Regular Interest, the Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-F Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-F Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-G Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-G Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-E, Class X-F or Class X-G Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $1,164,686,418. The following table irrevocably sets forth the Class Designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest. Class A-1 1.5310% per annum $42,399,000 Class A-2 2.8550% per annum $54,565,000 Class A-3 3.2900% per annum $235,000,000 Class A-4 3.5400% per annum $396,130,000 Class A-SB 3.3060% per annum $87,186,000 Class X-A Variable(1) (2) Class X-E Variable(1) (3) Class X-F Variable(1) (4) Class X-G Variable(1) (5) Class A-S(6) Variable(1) $88,807,000 Class A-S-PST Percentage Interest, respectively, in the PEX Component(6) Variable(1) $0 Class A-S REMIC III Regular Interest); and Interest(6) Variable(1) $88,807,000 Class B(6) Variable(1) $62,602,000 Class B-PEX Component(6) Variable(1) $0 Class B Regular Interest(6) Variable(1) $62,602,000 Class C(6) Variable(1) $50,955,000 Class C-PEX Component(6) Variable(1) $0 Class C Regular Interest(6) Variable(1) $50,955,000 Class PEX(6) (v7) fifth, to the $0 Class A-1 Certificates, the D Variable(1) $58,235,000 Class A-2 Certificates, E 3.0000% per annum $30,573,000 Class A-SB Certificates, F 3.0000% per annum $23,293,000 Class A-3 Certificates and G 3.0000% per annum $34,941,418 Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.R None None Class V None (8)

REMIC III. On each Distribution Date, following the distributions with respect to the Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates and the Swap Certificates) and ), the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) and the respective Swap REMIC III Regular Interests (and correspondingly, the applicable Swap Certificates) as follows: (i) first, to the Class J Certificates, the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates, Class A-4 Certificates and Class A-4 A-5 Certificates and to the Class A-3FL REMIC III Regular Interest (and correspondingly, the Class A-3FL Certificates and the Class A-3FX Certificates, pro rata, based on the Class A-3FL Percentage Interest and the Class A-3FX Percentage Interest, respectively, in the Class A-3FL REMIC III Regular Interest), on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates and Swap REMIC III Regular Interests until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On each Distribution Date, following the distributions with respect to the Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable EC Trust Certificates) and the respective EX XXXXX EC Trust REMIC III Regular Interests (and correspondingly, the applicable Exchangeable EC Trust Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB AB Certificates, Class A-3 Certificates and the Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D CertificatesA-S, in that orderClass B, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C Regular Interests will evidence ownership of a class of “regular interests” in REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST CertificatesX-A, pro rataClass X-B, based on the Class C Percentage Interest X-C, Class X-D, Class X-E and the Class CX-PST Percentage InterestY Certificates will evidence ownership of seven (7), three (3), one (1), one (1), one (1) and one (1) class(es) of “regular interests” in REMIC III, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the all as described herein. The Class A-S Certificates and the Class PST Certificates, pro rata, based on A-S-PEX Component will each evidence ownership of a specified portion from time to time of the Class A-S Percentage Interest Regular Interest. The Class B Certificates and Class B PEX Component will each evidence ownership of a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Class X-A, X-B, X-C, X-D, X-E and X-Y Certificates), the Class A-S, Class B, Class C Regular Interests and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class X-PST Percentage Interest, respectively, A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-D Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-Y Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-Y Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, Class PEX Component and/or Class A-S S, Class B or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-C, Class X-D, Class X-E or Class X-Y Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D CertificatesA-S, in that orderClass B, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C Regular Interests will evidence ownership of a class of “regular interests” in REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST CertificatesX-A, pro rataClass X-B, based on the Class C Percentage Interest X-C, Class X-D and the Class CX-PST Percentage InterestE Certificates will evidence ownership of seven (7), three (3), one (1), one (1), one (1) and one (1) class(es) of “regular interests” in REMIC III, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the all as described herein. The Class A-S Certificates and the Class PST Certificates, pro rata, based on A-S-PEX Component will each evidence ownership of a specified portion from time to time of the Class A-S Percentage Interest Regular Interest. The Class B Certificates and Class B PEX Component will each evidence ownership of a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Class X-A, X-B, X-C, X-D and X-E Certificates), the Class A-S, Class B, Class C Regular Interests and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class X-PST Percentage Interest, respectively, A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-D Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, Class PEX Component and/or Class A-S S, Class B or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-C, Class X-D or Class X-E Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On As provided herein, the Tax Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class X-A and Class X-B Certificates will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A and Class X-B Certificates will evidence ownership of five and seven “regular interests”, respectively, in REMIC III, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphabetic designation set forth under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, following the distributions with respect to each REMIC II Regular Interest, the Class of Certificates and the REMIC III Component of the Class X-A Certificates or REMIC III Component of the Class X-B Certificates for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: The Cut-off Date Pool Balance will be $1,091,143,971, and the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date pursuant to Section 6.5of the REMIC I Regular Interests, any Collateral Support Deficits with respect to the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date will be allocated to of the REMIC II Regular Interests and the initial aggregate Class Principal Balance of the respective Classes of Principal Balance Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that orderwill, in each case in reduction of case, be $1,091,143,970. The following table irrevocably sets forth the Aggregate Certificate Class designation, Pass-Through Rate and initial Class Principal Balance of the subject for each Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Certificates. Class C REMIC III Regular Interest (and correspondingly, the A-1 1.4560% per annum $ 66,527,000 Class C Certificates and the A-2 2.6840% per annum $ 118,410,000 Class PST Certificates, pro rata, based on the A-3 3.5260% per annum $ 107,908,000 Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the A-4 3.6670% per annum $ 470,955,000 Class A-S REMIC III Regular Interest Variable (and correspondingly, the 1) $ 85,928,000 Class A-S Certificates and the B Variable (1) $ 54,557,000 Class PST Certificates, pro rata, based on the C Variable (1) $ 40,918,000 Class A-S Percentage Interest and the D Variable (1) $ 25,915,000 Class A-S-PST Percentage Interest, respectively, in the E Variable (1) $ 49,101,000 Class A-S REMIC III Regular Interest); and F Variable (v2) fifth, to the $ 17,731,000 Class A-1 Certificates, the G Variable (2) $ 16,367,000 Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.H Variable (2) $ 36,826,970

REMIC III. On As provided herein, the Tax Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III”. The Class A-1, Class A-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class X-A and Class X-B Certificates will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A and Class X-B Certificates will evidence ownership of five (5) and two (2) classes of “regular interests”, respectively, in REMIC III, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, following the distributions with respect to each REMIC II Regular Interest, the Class of Certificates and the REMIC III Component of the Class X-A Certificates or REMIC III Component of the Class X-B Certificates for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date pursuant to Section 6.5of the REMIC I Regular Interests, any Collateral Support Deficits with respect to (iii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date will be allocated to of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Principal Balance Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to will be $1,277,164,194. The following table irrevocably sets forth the Class H Certificatesdesignation, the Pass-Through Rate and initial Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in Principal Balance for each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.

REMIC III. On As provided herein, the Tax Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III”. The Class A-1, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A and Class X-B Certificates will evidence ownership of five and two classes of “regular interests”, respectively, in REMIC III, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphabetic designation set forth under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, following the distributions with respect to each REMIC II Regular Interest, the Class of Certificates and the REMIC III Component of the Class X-A Certificates or REMIC III Component of the Class X-B Certificates for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date pursuant to Section 6.5of the REMIC I Regular Interests, any Collateral Support Deficits with respect to (iii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date will be allocated to of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Principal Balance Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to will be $1,052,815,081. The following table irrevocably sets forth the Class H Certificatesdesignation, the Pass-Through Rate and initial Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in Principal Balance for each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Certificates. Class C REMIC III Regular Interest (and correspondingly, the A-1 0.6730% per annum $ 86,171,000 Class C Certificates and the A-2 1.8290% per annum $ 110,387,000 Class PST Certificates, pro rata, based on the A-3 2.8700% per annum $ 444,199,000 Class C Percentage Interest and the Class CA-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the SB 2.4450% per annum $ 96,213,000 Class A-S REMIC III Regular Interest 3.3880% per annum $ 93,437,000 Class B 3.8400% per annum $ 64,485,000 Class C Variable (and correspondingly, the 4) $ 36,849,000 Class A-S Certificates and the D Variable (1) $ 42,112,000 Class PST Certificates, pro rata, based on the E Variable (1) $ 21,057,000 Class A-S Percentage Interest and the F Variable (1) $ 19,740,000 Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and G Variable (v1) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.$ 38,165,081

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) and the respective EX XXXXX III Regular Interests (and correspondinglydesignated as “REMIC III”. The Class A-1, the applicable Exchangeable Certificates) as follows: (i) firstClass A-2, to the Class H CertificatesA-3, the Class G CertificatesX-0, the Xxxxx X-0, Class F CertificatesA-SB, the Class E A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class SJ-A, Class SJ-B, Class SJ-C, Class SJ-D Certificates and the Class D CertificatesA-S, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the B and Class C Regular Interests will evidence ownership of a class of “regular interests” in REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST CertificatesX-A, pro rataClass X-B, based on the Class C Percentage Interest X-C, Class X-D and the Class CX-PST Percentage InterestE Certificates will evidence ownership of seven (7), three (3), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the all as described herein. The Class A-S Certificates and the Class PST Certificates, pro rata, based on A-S-PEX Component will each evidence ownership of a specified portion from time to time of the Class A-S Percentage Interest Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Class X-A, X-B, X-C, X-D and X-E Certificates), Class A-S-PST Percentage Interest, respectivelyClass B and Class C Regular Interests and the related REMIC III Components is the date that is the Rated Final Distribution Date (or, with respect to the Regular Certificates related to the Trust Subordinate Companion Loan, the Class SJ Rated Final Distribution Date). The Holders of the Class SJ Certificates shall only be entitled to receive distributions in respect of, and shall only incur losses with respect to, the Trust Subordinate Companion Loan, which is not part of the Mortgage Pool backing the Certificates other than the Class SJ Certificates. No Class of Certificates (other than Class SJ Certificates and the Class R Certificates) has an interest in the Trust Subordinate Companion Loan. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-D Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests” The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, Class PEX Component and/or Class A-S S, Class B or Class C Regular Interests and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-C, Class X-D or Class X-E Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On As provided herein, the Tax Administrator will elect to treat the segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC III”. The Class A-1, Class A-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class H, Class X-A and Class X-B Certificates and the Class A-FX Regular Interest will evidence ownership of a class of “regular interests” in REMIC III (the Class A-FX Certificates and the Class A-FL Certificates will each evidence, among other things, ownership of a specified portion from time to time of the Class A-FX Regular Interest) and the Class X-A and Class X-B Certificates will evidence ownership of six and one class of “regular interests”, respectively, in REMIC III, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates and the Class A-FX Regular Interest is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-B Certificates is hereby irrevocably assigned the alphabetic designation set forth under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, following the distributions with respect to each REMIC II Regular Interest, the Class of Certificates or Class A-FX Regular Interest and the REMIC III Component of the Class X-A Certificates or REMIC III Component of the Class X-B Certificates for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date pursuant to Section 6.5of the REMIC I Regular Interests, any Collateral Support Deficits with respect to (iii) the initial aggregate Uncertificated Principal Balance Certificates on such Distribution Date will be allocated to of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Principal Balance Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-SFX Regular Interest will be $1,300,950,580. The following table irrevocably sets forth the Class designation, Pass-PST Percentage Interest, respectively, in Through Rate and initial Class Principal Balance for each Class of Certificates and the Class A-S REMIC III FX Regular Interest); and (v) fifth, to the . Class A-1 Certificates, the 0.8640% per annum $ 97,008,000 Class A-2 Certificates, 1.8810% per annum $ 187,668,000 Class A-3 3.0010% per annum $ 414,057,000 Class A-FL LIBOR plus 1.0000% per annum $ 115,000,000 Class A-FX 2.9600% per annum $0 Class A-FX Regular Interest 2.9600% per annum $ 115,000,000 Class A-SB Certificates, 2.5590% per annum $ 96,932,000 Class A-3 Certificates and A-S 3.6600% per annum $ 113,833,000 Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.B 4.3110% per annum $ 66,674,000 Class C Variable (1) $ 43,907,000 Class D Variable (1) $ 26,019,000 Class E Variable (1) $ 45,533,000 Class F Variable (1) $ 22,767,000 Class G Variable (1) $ 26,019,000 Class H Variable (1) $ 45,533,580

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates and the Class A-SFX Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A, Class X-B and Class X-C Certificates will evidence ownership of eight (8), three (3) and three (3) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class A-SFX and Class A-SFL Certificates will each evidence, among other things, ownership of a specified portion from time to time of the respective Classes Class A-SFX Regular Interest. The Class R Certificates will evidence ownership of Principal Balance (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Class X-A, X-B and X-C Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-SSFX Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class X-PST Percentage InterestA Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-C Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, respectivelywith respect to each REMIC II Regular Interest (i) the Class of Certificates or Class A-SFX Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B or Class X-C Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S REMIC III SFX Regular Interest will be $1,251,672,501. The following table irrevocably sets forth the Class Designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates and the Class A-SFX Regular Interest); and (v) fifth, to the . Class A-1 Certificates, the 1.2830% per annum $ 70,328,000 Class A-2 Certificates, 3.0360% per annum $ 95,556,000 Class A-3 3.6350% per annum $ 45,543,000 Class A-4 3.7230% per annum $ 250,000,000 Class A-5 3.9950% per annum $ 312,986,000 Class A-SB Certificates, 3.6380% per annum $ 101,757,000 Class A-3 Certificates and X-A Variable(1) (2) Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.X-B Variable(1) (3) Class X-C Variable(1) (4) Class A-S 4.1760% per annum $ 52,584,000 Class A-SFL LIBOR plus 0.95% per annum $ 10,000,000 Class A-SFX 4.1760% per annum $ 0 Class A-SFX Regular Interest 4.1760% per annum $ 10,000,000 Class B 4.3780% per annum $ 95,440,000 Class C 4.5130% per annum(1) $ 45,373,000 Class D 3.9860% per annum $ 82,923,000 Class E 3.2500% per annum $ 32,857,000 Class F 3.2500% per annum $ 18,775,000 Class G 3.2500% per annum $ 37,550,501 Class R None None Class V None (5)

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A and Class X-B Certificates will evidence ownership of seven (7) and three (3) classes of “regular interests”, respectively, in REMIC III, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Class X-A and Class X-B Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, Class B Regular Interest and Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A or Class X-B Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $1,045,873,083. The following table irrevocably sets forth the class designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S-PST Percentage S Regular Interest, respectively, in the Class B Regular Interest and Class C Regular Interest. Class A-1 1.4060% per annum $ 52,514,000 Class A-2 3.2230% per annum $ 160,623,000 Class A-3 3.9220% per annum $ 43,958,000 Class A-4 4.1360% per annum $ 183,000,000 Class A-5 4.4150% per annum $ 221,621,000 Class A-SB 3.9630% per annum $ 70,395,000 Class X-A Variable (1) (2) Class X-B Variable (1) (3) Class A-S REMIC III Regular Interest); and Variable (v1) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, $ 100,665,000 Class A-SB Certificates, S-PEX Component(4) Variable (1) $ 0 Class A-3 Certificates and A-S Regular Interest(4) Variable (1) $ 100,665,000 Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.B Variable (1) $ 56,216,000 Class B-PEX Component(4) Variable (1) $ 0 Class B Regular Interest Variable (1) $ 56,216,000 Class C(4) Variable (1) $ 41,835,000 Class C-PEX Component(4) Variable (1) $ 0 Class C Regular Interest Variable (1) $ 41,835,000 Class PEX(4) (5) $ 0 Class D Variable (1) $ 47,064,000 Class E 3.8500% per annum $ 24,839,000 Class F 3.8500% per annum $ 10,459,000 Class G 3.8500% per annum $ 32,684,083 Class V None (6)

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates will evidence ownership of a class of “regular interests” in REMIC III and the respective Classes Class X-A, Class X-B, Class X-C and Class X-D Certificates will evidence ownership of Principal Balance seven (7), three (3), one (1) and two (2) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX REMIC III Components is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests (and correspondinglyInterests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-D Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, the applicable Exchangeable Certificates) as follows: with respect to each REMIC II Regular Interest (i) first, to the Class H Certificates, of Certificates and (ii) the REMIC III Component of the Class G CertificatesX-A, the Class F CertificatesX-B, the Class E Certificates and the X-C or Class X-D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until for which such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III II Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C constitutes a Corresponding REMIC III II Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) designated as “REMIC III” . The Class A-1, Class A-2, Class A-3, Class A-4, Class A-SB, Class D, Class E, Class F and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D CertificatesA-S, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the B and Class C Regular Interests will evidence ownership of a class of “regular interests” in REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class CX-PST Percentage InterestA Certificates will evidence ownership of six (6) classes of “regular interests”, respectively, in the Class C REMIC III Regular Interest); (iii) thirdIII, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the all as described herein. The Class A-S Certificates and the Class PST Certificates, pro rata, based on A-S-PEX Component will each evidence ownership of a specified portion from time to time of the Class A-S Percentage Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Class X-A Certificates), the Class A-S, Class B and Class C Regular Interest and the REMIC III Components is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, Class PEX Component and/or Class A-S, Class B or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A Certificates for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S, Class B and Class C Regular Interests will be $197,876,000. The following table irrevocably sets forth the Class designation, Pass-PST Percentage InterestThrough Rate and initial Class Principal Balance for each Class of Certificates, respectively, in the Class PEX Components and the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 CertificatesS, Class A-SB Certificates, Class A-3 Certificates B and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zeroC Regular Interests.

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) designated as “REMIC III.” The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D CertificatesA-S, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the B and Class C Regular Interests will evidence ownership of a class of “regular interests” in REMIC III Regular Interest (and correspondinglyIII, the Class C Certificates and the Class PST Certificates, pro rata, based on the X-A and Class C Percentage Interest X-B Certificates will evidence ownership of seven (7) and the Class C-PST Percentage Interest, three (3) classes of “regular interests,” respectively, in the Class C REMIC III Regular Interest); (iii) thirdIII, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the all as described herein. The Class A-S Certificates and the Class PST Certificates, pro rata, based on A-S-PEX Component will each evidence ownership of a specified portion from time to time of the Class A-S Percentage Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Class X-A and Class X-B Certificates), the Class A-S, Class B and Class C Regular Interests and the REMIC III Components is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests.” The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests.” The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, Class PEX Component and/or Class A-S, Class B or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A or Class X-B Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S, Class B and Class C Regular Interests will be $1,103,631,379. The following table irrevocably sets forth the Class Designation, Pass-PST Percentage InterestThrough Rate and initial Class Principal Balance for each Class of Certificates, respectively, in the Class PEX Components and the Class A-S REMIC III S, Class B and Class C Regular Interest); and (v) fifth, to the Interests. Class A-1 Certificates, the 1.233% per annum $75,637,000 Class A-2 Certificates, 2.895% per annum $36,949,000 Class A-3 3.660% per annum $98,933,000 Class A-4 3.829% per annum $210,000,000 Class A-5 4.101% per annum $249,163,000 Class A-SB Certificates, 3.618% per annum $101,859,000 Class A-3 Certificates and X-A Variable(1) (2) Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.X-B Variable(1) (3) Class A-S(4) 4.271% per annum $36,558,000 Class A-S-PEX Component(4) 4.271% per annum $36,558,000 Class A-S Regular Interest 4.271% per annum $73,116,000 Class B Variable(1) $37,938,000 Class B-PEX Component(4) Variable(1) $37,937,000 Class B Regular Interest Variable(1) $75,875,000 Class C Variable(1) $20,003,000 Class C-PEX Component(4) Variable(1) $20,003,000 Class C Regular Interest Variable(1) $40,006,000 Class PEX(4) (5) $188,997,000 Class D 4.234% per annum $59,321,000 Class E Variable(1) $27,590,000 Class F Variable(1) $11,037,000 Class G Variable(1) $44,145,379 Class R None None Class V None (6)

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to designated as “REMIC III”. The Class A-1, Class A-2, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates will evidence ownership of a class of “regular interests” in REMIC III and the respective Classes Class X-A, Class X-B and Class X-C Certificates will evidence ownership of Principal Balance six (6), one (1) and three (3) classes of “regular interests”, respectively, in REMIC III, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Class X-A, Class X-B and Class X-C Certificates) and the respective EX XXXXX REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests (and correspondinglyInterests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-C Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, the applicable Exchangeable Certificates) as follows: with respect to each REMIC II Regular Interest (i) first, to the Class H Certificates, of Certificates and (ii) the REMIC III Component of the Class G X-A, Class X-B or Class X-C Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until for which such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III II Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C constitutes a Corresponding REMIC III II Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On each Distribution DateAs provided herein, the Trust Administrator will make an election to treat the segregated pool of assets consisting of the REMIC I Regular Interests and the REMIC II Regular Interests and certain other related assets (exclusive of any entitlement to Assigned Prepayment Premiums, the Class C-B-1 and Class 5-A-3 Interest Rate Cap Agreements and assets held in the Class C-B-1 and Class 5-A-3 Interest Rate Cap Accounts) subject to this Agreement as a real estate mortgage investment conduit (a "REMIC") for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC III." Component I of the Class AR Certificates will represent the sole Class of "residual interests" in REMIC III for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the distributions with respect to designation, remittance rate (the "Uncertificated REMIC III Pass-Through Rate") and initial Uncertificated Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to for each of the Principal Balance Certificates on such Distribution Date will be allocated to "regular interests" in REMIC III (the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates"REMIC III Regular Interests") and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to Class Principal Balance of Component I of the Class H AR Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in . The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (shall be the Maturity Date. None of the REMIC III Regular Interests will be certificated. Class Initial Designation for Uncertificated each REMIC III Regular Principal Interest and correspondingly, Uncertificated Balance or Component I of REMIC III Class the Class C AR Type of Pass-Through Principal Certificates and the Interest Rate Balance Final Maturity Date* Class PST Certificates, pro rata, based on the 1-A-1L Regular Variable(1) $66,590,000.00 March 2035 Class C Percentage Interest and the 2-A-1L Regular Variable(2) $149,650,000.00 March 2035 Class 3-A-1L Regular Variable(3) $94,800,000.00 March 2035 Class 4-A-1L Regular Variable(4) $168,860,000.00 March 2035 Class C-PST Percentage Interest, respectively, in B-1L Regular Variable(5) $23,473,000.00 March 2035 Class C-B-2L Regular Variable(5) $6,517,000.00 March 2035 Class C-B-3L Regular Variable(5) $3,913,000.00 March 2035 Class C-B-4L Regular Variable(5) $2,607,000.00 March 2035 Class C-B-5L Regular Variable(5) $3,394,000.00 March 2035 Class C-B-6L Regular Variable(5) $1,828,091.00 March 2035 Class LT-1 Regular Variable(6) $135,581,275.31 March 2035 Class LT-2 Regular Variable(6) $2,968.39 March 2035 Class LT-3 Regular 0.00% $10,598.89 March 2035 Class LT-4 Regular Variable(7) $10,598.89 March 2035 Class LT-5 Regular Variable(8) $275,550,093.54 March 2035 Class LT-6 Regular Variable(8) $6,017.71 March 2035 Class LT-7 Regular 0.00% $21,556.00 March 2035 Class LT-8 Regular Variable(9) $21,556.00 March 2035 Class LT-9 Regular Variable(10) $138,627,767.48 March 2035 Class LT-10 Regular Variable(10) $4,438.36 March 2035 Class LT-11 Regular 0.00% $9,433.68 March 2035 Class LT-12 Regular Variable(11) $9,433.68 March 2035 Class LT-Y5A Regular Variable(12) $137,868.55 March 2035 Class LT-Y5B Regular Variable(13) $67,277.92 March 2035 Class LT-Y5C Regular Variable(14) $69,360.22 March 2035 Class IOL Regular Variable(15) $0.00 March 2035 Component I of the Class C REMIC III Regular Interest); (iiiAR Residual Variable(1) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.$50.00 March 2035

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated to designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates will evidence ownership of a class of “regular interests” in REMIC III and the respective Classes Class X-A, Class X-B, Class X-C and Class X-D Certificates will evidence ownership of Principal Balance seven (7), three (3), one (1) and two (2) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX REMIC III Components is the Rated Final Distribution Date. The REMIC III Components of the Class X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests (and correspondinglyInterests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-C Certificates is hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-C Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-D Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-D Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, the applicable Exchangeable Certificates) as follows: with respect to each REMIC II Regular Interest (i) first, to the Class H Certificates, of Certificates and (ii) the REMIC III Component of the Class G CertificatesX-A, the Class F CertificatesX-B, the Class E Certificates and the X-C or Class X-D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until for which such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III II Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C constitutes a Corresponding REMIC III II Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.:

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Trust Administrator will make an election to treat the Principal Balance Certificates on such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to segregated pool of assets consisting of the Principal Balance Certificates on such Distribution Date will be allocated to the respective Classes of Principal Balance Certificates (other than the Exchangeable Certificates) REMIC I Regular Interests and the respective EX XXXXX III REMIC II Regular Interests and certain other related assets (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to exclusive of the Class H CertificatesC-B-1, Class 7-A-3, Class 7-A-4 and Class 7-M-4 Interest Rate Cap Agreements and assets held in the Basis Risk Reserve Funds, the Class G CertificatesC-B-1, Class 7-A-3, Class 7-A-4 and Class 7-M-4 Interest Rate Cap Accounts, the Class F CertificatesPrefunding Account and the Capitalized Interest Account) subject to this Agreement as a real estate mortgage investment conduit (a "REMIC") for federal income tax purposes, and such segregated pool of assets will be designated as "REMIC III." Component I of the Class E AR Certificates will represent the sole Class of "residual interests" in REMIC III for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, remittance rate (the "Uncertificated REMIC III Pass-Through Rate") and initial Uncertificated Principal Balance for each of the "regular interests" in REMIC III (the "REMIC III Regular Interests") and Component I of the Class D AR Certificates, in that order, in . The "latest possible maturity date" (determined solely for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii)) for each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, shall be the Class C Certificates and Maturity Date. None of the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Interests will be certificated. Class B Designation for each REMIC III Regular Interest (and correspondingly, Uncertificated Initial Component I of REMIC III Uncertificated the Class B AR Type of Pass-Through Principal Certificates and Interest Rate Balance Final Maturity Date* Class 1-A-1L Regular Variable(1) $47,485,000.00 February 2035 Class 2-A-1L Regular Variable(2) $25,000,000.00 February 2035 Class 2-A-2L Regular Variable(2) $31,840,000.00 February 2035 Class 3-A-1L Regular Variable(3) $89,120,000.00 February 2035 Class 4-A-1L Regular Variable(4) $21,705,000.00 February 2035 Class 4-A-2L Regular Variable(4) $7,720,000.00 February 2035 Class 4-A-3L Regular Variable(4) $6,000,000.00 February 2035 Class 5-A-1L Regular Variable(5) $110,900,000.00 February 2035 Class 6-A-1L Regular Variable(6) $178,510,000.00 February 2035 Class C-B-1L Regular Variable(7) $26,760,000.00 February 2035 Class C-B-2L Regular Variable(7) $8,170,000.00 February 2035 Class C-B-3L Regular Variable(7) $3,380,000.00 February 2035 Class C-B-4L Regular Variable(7) $2,250,000.00 February 2035 Class C-B-5L Regular Variable(7) $2,820,000.00 February 2035 Class C-B-6L Regular Variable(7) $1,696,872.74 February 2035 Class LT-1 Regular Variable(8) $107,628,953.06 February 2035 Class LT-2 Regular Variable(8) $2,198.82 February 2035 Class LT-3 Regular 0.00% $8,571.39 February 2035 Class LT-4 Regular Variable(9) $8,571.39 February 2035 Class LT-Y7A Regular Variable(10) $53,851.07 February 2035 Class LT-Y7B Regular Variable(11) $170,967.44 February 2035 Class LT-5 Regular Variable(12) $342,240,306.94 February 2035 Class LT-6 Regular Variable(12) $6,701.06 February 2035 Class LT-7 Regular 0.00% $27,546.25 February 2035 Class LT-8 Regular Variable(13) $27,546.25 February 2035 Class IOL Regular Variable(14) $0.00 February 2035 Component I of the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (ivAR Residual Variable(1) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates and the Class PST Certificates, pro rata, based on the Class A-S Percentage Interest and the Class A-S-PST Percentage Interest, respectively, in the Class A-S REMIC III Regular Interest); and (v) fifth, to the Class A-1 Certificates, the Class A-2 Certificates, Class A-SB Certificates, Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.$50.00 February 2035

REMIC III. On each Distribution DateAs provided herein, following the distributions with respect Tax Administrator will elect to treat the Principal Balance Certificates on segregated pool of assets consisting of the REMIC II Regular Interests as a REMIC for federal income tax purposes, and such Distribution Date pursuant to Section 6.5, any Collateral Support Deficits with respect to the Principal Balance Certificates on such Distribution Date segregated pool of assets will be allocated designated as “REMIC III”. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-SB, Class D, Class E, Class F and Class G Certificates and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest will evidence ownership of a class of “regular interests” in REMIC III and the Class X-A, Class X-B, Class X-E, Class X-F and Class X-G Certificates will evidence ownership of seven (7), three (3), one (1), one (1) and one (1) classes of “regular interests” in REMIC III, respectively, all as described herein. The Class A-S Certificates and Class A-S-PEX Component will each evidence ownership of a specified portion from time to time of the respective Classes Class A-S Regular Interest. The Class B Certificates and Class B-PEX Component will each evidence ownership of Principal Balance a specified portion from time to time of the Class B Regular Interest. The Class C Certificates and Class C-PEX Component will each evidence ownership of a specified portion from time to time of the Class C Regular Interest. The Class R Certificates will evidence ownership of (among other things) the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions. The Latest Possible Maturity Date for each Class of Regular Certificates (other than the Exchangeable Interest Only Certificates) and the respective EX XXXXX III Regular Interests (and correspondingly, the applicable Exchangeable Certificates) as follows: (i) first, to the Class H Certificates, the Class G Certificates, the Class F Certificates, the Class E Certificates and the Class D Certificates, in that order, in each case in reduction of the Aggregate Certificate Balance of the subject Class of Principal Balance Certificates until such Aggregate Certificate Balance is reduced to zero; (ii) second, to the Class C REMIC III Regular Interest (and correspondingly, the Class C Certificates and the Class PST Certificates, pro rata, based on the Class C Percentage Interest and the Class C-PST Percentage Interest, respectively, in the Class C REMIC III Regular Interest); (iii) third, to the Class B REMIC III Regular Interest (and correspondingly, the Class B Certificates and the Class PST Certificates, pro rata, based on the Class B Percentage Interest and the Class B-PST Percentage Interest, respectively, in the Class B REMIC III Regular Interest); (iv) fourth, to the Class A-S REMIC III Regular Interest (and correspondingly, the Class A-S Certificates Regular Interest, the Class B Regular Interest, the Class C Regular Interest and the REMIC III Components is the date that is the Rated Final Distribution Date. The REMIC III Components of the Class PST X-A Certificates are hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-A Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Components of the Class X-B Certificates are hereby irrevocably assigned the alphanumeric designations under the column heading “REMIC III Component of Class X-B Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-E Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-E Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-F Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-F Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The REMIC III Component of the Class X-G Certificates is hereby irrevocably assigned the alphanumeric designation under the column heading “REMIC III Component of Class X-G Certificates” in the table that appears under “Corresponding REMIC II Regular Interests”. The following table irrevocably sets forth, with respect to each REMIC II Regular Interest (i) the Class of Certificates, pro rataClass PEX Component and/or Class A-S Regular Interest, based on Class B Regular Interest or Class C Regular Interest and (ii) the REMIC III Component of the Class X-A, Class X-B, Class X-E, Class X-F or Class X-G Certificates, in each case for which such REMIC II Regular Interest constitutes a Corresponding REMIC II Regular Interest: Each of (i) the Cut-off Date Pool Balance, (ii) the initial aggregate Uncertificated Principal Balance of the REMIC I Regular Interests, (iii) the initial aggregate Uncertificated Principal Balance of the REMIC II Regular Interests and (iv) the initial aggregate Class Principal Balance of the respective Classes of Regular Certificates (other than the Interest Only Certificates) and the Class A-S Percentage Regular Interest, Class B Regular Interest and Class C Regular Interest will be $1,047,828,035. The following table irrevocably sets forth the Class Designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest. Class A-1 1.7300% per annum $ 50,293,000 Class A-2 3.0050% per annum $ 7,934,000 Class A-3 3.3620% per annum $ 36,418,000 Class A-4 3.1900% per annum $ 240,000,000 Class A-5 3.4510% per annum $ 309,207,000 Class A-SB 3.2780% per annum $ 89,627,000 Class A-S(7) 3.8360% per annum $ 79,897,000 Class A-S-PST Percentage Interest, respectively, in the PEX Component(7) 3.8360% per annum $ 0 Class A-S REMIC III Regular Interest); and Interest(7) 3.8360% per annum $ 79,897,000 Class B(7) Variable(1) $ 45,842,000 Class B-PEX Component(7) Variable(1) $ 0 Class B Regular Interest(7) Variable(1) $ 45,842,000 Class C(7) 3.8940% per annum $ 68,109,000 Class C-PEX Component(7) 3.8940% per annum $ 0 Class C Regular Interest(7) 3.8940% per annum $ 68,109,000 Class PEX(7) (v) fifth, to the 8) $ 0 Class A-1 Certificates, the D 3.7680% per annum $ 44,533,000 Class A-2 Certificates, E 2.8690% per annum $ 26,196,000 Class A-SB Certificates, F 2.8690% per annum $ 17,027,000 Class A-3 Certificates and Class A-4 Certificates, on a pro rata basis in accordance with, and in reduction of, the respective Aggregate Certificate Balances of such Classes of Principal Balance Certificates until such Aggregate Certificate Balances are reduced to zero.G 2.8690% per annum $ 32,745,035