Common use of REMIC III Clause in Contracts

REMIC III. 49 REMIC III Group I Diverted Excess Spread.....................................49 REMIC III Group II Diverted Excess Spread....................................49 REMIC III Group I Interest Loss Allocation Amount............................49 REMIC III Group II Interest Loss Allocation Amount...........................49 REMIC III Group I Overcollateralized Amount..................................49 REMIC III Group II Overcollateralized Amount.................................50 REMIC III Group I Principal Loss Allocation Amount...........................50 REMIC III Group II Principal Loss Allocation Amount..........................50 REMIC III Group I Regular Interests..........................................50 REMIC III Group II Regular Interests.........................................50 REMIC III Group I Required Overcollateralization Amount......................50 REMIC III Group II Required Overcollateralized Amount........................50 REMIC III Regular Interest LT3-AI-AA.........................................50 REMIC III Regular Interest LT3-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AII-ZZ Maximum Interest Deferral Amount ............................................................................52

REMIC III. 49 51 REMIC III Group I Diverted Excess Spread.....................................49 51 REMIC III Group II Diverted Excess Spread....................................49 51 REMIC III Group I Interest Loss Allocation Amount............................49 51 REMIC III Group II Interest Loss Allocation Amount...........................49 51 REMIC III Group I Overcollateralized Amount..................................49 51 REMIC III Group II Overcollateralized Amount.................................50 52 REMIC III Group I Principal Loss Allocation Amount...........................50 52 REMIC III Group II Principal Loss Allocation Amount..........................50 52 REMIC III Group I Regular Interests..........................................50 52 REMIC III Group II Regular Interests.........................................50 52 REMIC III Group I Required Overcollateralization Amount......................50 52 REMIC III Group II Required Overcollateralized Amount........................50 REMIC III Regular Interest LT3-AI-AA.........................................50 REMIC III Regular Interest LT3-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 REMIC III Regular Interest LT3MT-AII-1.........................................I-1............................................52 REMIC III Regular Interest LT3MT-AII-ZZ........................................I-2............................................52 REMIC III Regular Interest LT3MT-AIII-3............................................53 REMIC III Regular Interest MT-ZZ I-4............................................53 REMIC III Regular Interest MT-I-5............................................53 REMIC III Regular Interest MT-I-6............................................53 REMIC III Regular Interest MT-I-7............................................53 REMIC III Regular Interest MT-I-8............................................53 REMIC III Regular Interest MT-I-9............................................53 REMIC III Regular Interest MT-I-10...........................................53 REMIC III Regular Interest MT-I-10 Maximum Interest Deferral Amount ............................................................................52Amount..........53 REMIC III Regular Interest MT-IO-1...........................................54 REMIC III Regular Interest MT-IO-2...........................................54 REMIC III Regular Interest MT-IO-3...........................................54 REMIC III Regular Interest MT-IO-4...........................................55 REMIC III Regular Interest MT-IO-5...........................................55 REMIC III Regular Interest MT-IO-6...........................................55 REMIC III Regular Interest MT-IO-7...........................................55 REMIC III Regular Interest MT-IO-8...........................................55 REMIC III Regular Interest MT-II-1...........................................55

REMIC III. 49 REMIC III Group I Diverted Excess Spread.....................................49 REMIC III Group II Diverted Excess Spread....................................49 REMIC III Group I Interest Loss Allocation Amount............................49 REMIC III Group II Interest Loss Allocation Amount...........................49 REMIC III Group I Overcollateralized Amount..................................49 REMIC III Group II Overcollateralized Amount.................................50 49 REMIC III Group I Principal Loss Allocation Amount...........................50 REMIC III Group II Principal Loss Allocation Amount..........................50 REMIC III Group I Regular Interests..........................................50 REMIC III Group II Regular Interests.........................................50 REMIC III Group I Required Overcollateralization Amount......................50 REMIC III Group II Required Overcollateralized Amount........................50 REMIC III Regular Interest LT3-AI-AA.........................................50 REMIC III Regular Interest LT3-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 50 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 51 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AII-ZZ Maximum Interest Deferral Amount ............................................................................52

REMIC III. 49 51 REMIC III Group I Diverted Excess Spread.....................................49 51 REMIC III Group II Diverted Excess Spread....................................49 51 REMIC III Group I Interest Loss Allocation Amount............................49 51 REMIC III Group II Interest Loss Allocation Amount...........................49 51 REMIC III Group I Overcollateralized Amount..................................49 51 REMIC III Group II Overcollateralized Amount.................................50 51 REMIC III Group I Principal Loss Allocation Amount...........................50 52 REMIC III Group II Principal Loss Allocation Amount..........................50 52 REMIC III Group I Regular Interests..........................................50 52 REMIC III Group II Regular Interests.........................................50 52 REMIC III Group I Required Overcollateralization Amount......................50 52 REMIC III Group II Required Overcollateralized Amount........................50 52 REMIC III Regular Interest LT3-AI-AA.........................................50 REMIC III Regular Interest LT3-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................Interests..................................................52 REMIC III Regular Interest LT3I-AII-1.........................................AA..............................................52 REMIC III Regular Interest LT3A-AII-ZZ........................................52 I-1.............................................53 REMIC III Regular Interest LT3A-AIII-2.............................................53 REMIC III Regular Interest A-ZZ Maximum I-3.............................................53 REMIC III Regular Interest Deferral Amount ............................................................................52A-I-4.............................................53 REMIC III Regular Interest A-I-5.............................................53 REMIC III Regular Interest A-I-6A............................................53 REMIC III Regular Interest A-I-6B............................................53 REMIC III Regular Interest A-I-7.............................................53 REMIC III Regular Interest M-I-1.............................................53 REMIC III Regular Interest M-I-2.............................................54 REMIC III Regular Interest M-I-3.............................................54 REMIC III Regular Interest M-I-4.............................................54 REMIC III Regular Interest I-ZZ..............................................54 REMIC III Regular Interest II-AA.............................................54 REMIC III Regular Interest A-II-A............................................54 REMIC III Regular Interest A-II-B............................................54 REMIC III Regular Interest M-II-1............................................54 REMIC III Regular Interest M-II-2............................................54 REMIC III Regular Interest M-II-3............................................55 REMIC III Regular Interest M-II-4............................................55

REMIC III. 49 46 REMIC III Group I Diverted Excess Spread.....................................49 47 REMIC III Group II Diverted Excess Spread....................................49 47 REMIC III Group I Interest Loss Allocation Amount............................49 47 REMIC III Group II Interest Loss Allocation Amount...........................49 47 REMIC III Group I Overcollateralized Amount..................................49 47 REMIC III Group II Overcollateralized Amount.................................50 47 REMIC III Group I Principal Loss Allocation Amount...........................50 47 REMIC III Group II Principal Loss Allocation Amount..........................50 47 REMIC III Group I Regular Interests..........................................50 47 REMIC III Group II Regular Interests.........................................50 48 REMIC III Group I Required Overcollateralization Amount......................50 48 REMIC III Group II Required Overcollateralized Amount........................50 48 REMIC III Regular Interests..................................................48 REMIC III Regular Interest LT3-AII-AA.........................................50 ..............................................48 REMIC III Regular Interest LT3A-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AII-ZZ Maximum Interest Deferral Amount ............................................................................52I-1.............................................48

REMIC III. 49 51 REMIC III Group I Diverted Excess Spread.....................................49 51 REMIC III Group II Diverted Excess Spread....................................49 51 REMIC III Group I Interest Loss Allocation Amount............................49 51 REMIC III Group II Interest Loss Allocation Amount...........................49 51 REMIC III Group I Overcollateralized Amount..................................49 51 REMIC III Group II Overcollateralized Amount.................................50 51 REMIC III Group I Principal Loss Allocation Amount...........................50 51 REMIC III Group II Principal Loss Allocation Amount..........................50 51 REMIC III Group I Regular Interests..........................................50 52 REMIC III Group II Regular Interests.........................................50 52 REMIC III Group I Required Overcollateralization Amount......................50 52 REMIC III Group II Required Overcollateralized Amount........................50 52 REMIC III Regular Interest LT3-AI-AA.........................................50 REMIC III Regular Interest LT3-AI-1..........................................50 REMIC III Regular Interest LT3-AI-2..........................................51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................Interests..................................................52 REMIC III Regular Interest LT3I-AII-1.........................................AA..............................................52 REMIC III Regular Interest LT3A-AII-ZZ........................................I-1.............................................52 REMIC III Regular Interest LT3A-AIII-2.............................................52 REMIC III Regular Interest A-ZZ Maximum I-3.............................................52 REMIC III Regular Interest Deferral Amount ............................................................................52A-I-4.............................................52 REMIC III Regular Interest A-I-5.............................................53 REMIC III Regular Interest A-I-6A............................................53 REMIC III Regular Interest A-I-6B............................................53 REMIC III Regular Interest A-I-7.............................................53 REMIC III Regular Interest A-I-8.............................................53 REMIC III Regular Interest M-I-1.............................................53 REMIC III Regular Interest M-I-2.............................................53 REMIC III Regular Interest M-I-3.............................................53 REMIC III Regular Interest I-ZZ..............................................53 REMIC III Regular Interest II-AA.............................................54 REMIC III Regular Interest A-II-A............................................54 REMIC III Regular Interest A-II-B............................................54 REMIC III Regular Interest M-II-1............................................54 REMIC III Regular Interest M-II-2............................................54

REMIC III. 49 47 REMIC III Group I Diverted Excess Spread.....................................49 47 REMIC III Group II Diverted Excess Spread....................................49 47 REMIC III Group I Interest Loss Allocation Amount............................49 47 REMIC III Group II Interest Loss Allocation Amount...........................49 47 REMIC III Group I Overcollateralized Amount..................................49 48 REMIC III Group II Overcollateralized Amount.................................50 48 REMIC III Group I Principal Loss Allocation Amount...........................50 48 REMIC III Group II Principal Loss Allocation Amount..........................50 48 REMIC III Group I Regular Interests..........................................50 48 REMIC III Group II Regular Interests.........................................50 48 REMIC III Group I Required Overcollateralization Amount......................50 48 REMIC III Group II Required Overcollateralized Amount........................48 REMIC III Regular Interests..................................................48 REMIC III Regular Interest I-AA..............................................49 REMIC III Regular Interest A-I-1.............................................49 REMIC III Regular Interest A-I-2.............................................49 REMIC III Regular Interest A-I-3.............................................49 REMIC III Regular Interest A-I-4.............................................49 REMIC III Regular Interest A-I-5.............................................49 REMIC III Regular Interest A-I-6.............................................49 REMIC III Regular Interest M-I-1.............................................49 REMIC III Regular Interest M-I-2.............................................49 REMIC III Regular Interest M-I-3.............................................50 REMIC III Regular Interest LT3I-AI-AA.........................................ZZ..............................................50 REMIC III Regular Interest LT3II-AI-1..........................................AA.............................................50 REMIC III Regular Interest LT3A-AI-2..........................................II-A............................................50 REMIC III Regular Interest A-II-B............................................50 REMIC III Regular Interest M-II-1............................................50 REMIC III Regular Interest M-II-2............................................50 REMIC III Regular Interest M-II-3............................................50 REMIC III Regular Interest II-ZZ.............................................50 REMIC III Regular Interest I-ZZ Maximum Interest Deferral Amount.............51 REMIC III Regular Interest LT3-AI-3..........................................51 REMIC III Regular Interest LT3-AI-4..........................................51 REMIC III Regular Interest LT3-AI-5..........................................51 REMIC III Regular Interest LT3-AI-6..........................................51 REMIC III Regular Interest LT3-AIII-ZZ Maximum Interest Deferral Amount ............................................................................51 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AII-ZZ Maximum Interest Deferral Amount ............................................................................52Amount............

REMIC III. 49 REMIC III Group I Diverted Excess Spread.....................................49 REMIC III Group II Diverted Excess Spread....................................49 REMIC III Group I Interest Loss Allocation Amount............................49 REMIC III Group II Interest Loss Allocation Amount...........................49 REMIC III Group I Overcollateralized Amount..................................49 REMIC III Group II Overcollateralized Amount.................................50 REMIC III Group I Principal Loss Allocation Amount...........................50 REMIC III Group II Principal Loss Allocation Amount..........................50 REMIC III Group I Regular Interests..........................................50 REMIC III Group II Regular Interests.........................................50 REMIC III Group I Required Overcollateralization Amount......................50 REMIC III Group II Required Overcollateralized Amount........................50 REMIC III Regular Interest LT3-AI-AA.........................................Interests..................................................50 REMIC III Regular Interest LT3I-AI-1..........................................AA..............................................50 REMIC III Regular Interest LT3A-AI-2..........................................I-1.............................................51 REMIC III Regular Interest LT3A-AI-3..........................................I-2.............................................51 REMIC III Regular Interest LT3A-AI-4..........................................I-3.............................................51 REMIC III Regular Interest LT3A-AI-5..........................................I-4.............................................51 REMIC III Regular Interest LT3A-AI-6..........................................I-5.............................................51 REMIC III Regular Interest LT3A-AII-6A............................................51 REMIC III Regular Interest A-I-6B............................................51 REMIC III Regular Interest A-I-7.............................................51 REMIC III Regular Interest M-I-1.............................................51 REMIC III Regular Interest M-I-2.............................................52 REMIC III Regular Interest M-I-3.............................................52 REMIC III Regular Interest I-ZZ..............................................52 REMIC III Regular Interest II-AA.............................................52 REMIC III Regular Interest A-II-A............................................52 REMIC III Regular Interest A-II-B............................................52 REMIC III Regular Interest M-II-1............................................52 REMIC III Regular Interest M-II-2............................................52 REMIC III Regular Interest M-II-3............................................52 REMIC III Regular Interest M-II-4............................................53 REMIC III Regular Interest M-II-5............................................53 REMIC III Regular Interest II-ZZ.............................................53 REMIC III Regular Interest I-ZZ Maximum Interest Deferral Amount ............................................................................51 Amount.............53 REMIC III Regular Interest LT3-IAIO..........................................51 REMIC III Regular Interest LT3-AII-AA........................................52 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AIIII-ZZ Maximum Interest Deferral Amount ............................................................................52Amount............53

REMIC III. 49 52 REMIC III Group I Diverted Excess Spread.....................................49 52 REMIC III Group II Diverted Excess Spread....................................49 53 REMIC III Group I Interest Loss Allocation Amount............................49 53 REMIC III Group II Interest Loss Allocation Amount...........................49 53 REMIC III Group I Overcollateralized Amount..................................49 53 REMIC III Group II Overcollateralized Amount.................................50 53 REMIC III Group I Principal Loss Allocation Amount...........................50 53 REMIC III Group II Principal Loss Allocation Amount..........................50 53 REMIC III Group I Regular Interests..........................................50 53 REMIC III Group II Regular Interests.........................................50 54 REMIC III Group I Required Overcollateralization Amount......................50 54 REMIC III Group II Required Overcollateralized Amount........................50 54 REMIC III Regular Interest LT3-AI-AA.........................................50 54 REMIC III Regular Interest LT3-AI-1..........................................50 54 REMIC III Regular Interest LT3-AI-2..........................................51 54 REMIC III Regular Interest LT3-AI-3..........................................51 54 REMIC III Regular Interest LT3-AI-4..........................................51 54 REMIC III Regular Interest LT3-AI-5..........................................51 54 REMIC III Regular Interest LT3-AI-6..........................................51 54 REMIC III Regular Interest LT3-AI-7..........................................54 REMIC III Regular Interest LT3-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 55 REMIC III Regular Interest LT3-IAIO..........................................51 55 REMIC III Regular Interest LT3-AII-AA........................................52 55 REMIC III Regular Interest LT3-AII-1.........................................52 REMIC III Regular Interest LT3-AII-ZZ........................................52 REMIC III Regular Interest LT3-AII-ZZ Maximum Interest Deferral Amount ............................................................................5255

REMIC III. 49 51 REMIC III Group I Diverted Excess Spread.....................................49 51 REMIC III Group II Diverted Excess Spread....................................49 52 REMIC III Group I Interest Loss Allocation Amount............................49 52 REMIC III Group II Interest Loss Allocation Amount...........................49 52 REMIC III Group I Overcollateralized Amount..................................49 52 REMIC III Group II Overcollateralized Amount.................................50 52 REMIC III Group I Principal Loss Allocation Amount...........................50 52 REMIC III Group II Principal Loss Allocation Amount..........................50 52 REMIC III Group I Regular Interests..........................................50 52 REMIC III Group II Regular Interests.........................................50 53 REMIC III Group I Required Overcollateralization Amount......................50 53 REMIC III Group II Required Overcollateralized Amount........................50 53 REMIC III Regular Interest LT3MT-AI-AA.........................................50 I-1............................................53 REMIC III Regular Interest LT3MT-AI-1..........................................50 I-2............................................53 REMIC III Regular Interest LT3MT-AI-2..........................................51 I-3............................................53 REMIC III Regular Interest LT3MT-AI-3..........................................51 I-4............................................53 REMIC III Regular Interest LT3MT-AI-4..........................................51 I-5............................................53 REMIC III Regular Interest LT3MT-AI-5..........................................51 I-6............................................53 REMIC III Regular Interest LT3MT-AI-6..........................................51 I-7............................................53 REMIC III Regular Interest LT3MT-AI-ZZ Maximum Interest Deferral Amount ............................................................................51 I-8............................................54 REMIC III Regular Interest LT3MT-IAIO..........................................51 I-9............................................54 REMIC III Regular Interest LT3MT-AII-AA........................................52 I-10...........................................54 REMIC III Regular Interest LT3MT-AII-1.........................................52 I-10 Maximum Interest Deferral Amount..........54 REMIC III Regular Interest LT3MT-AII-ZZ........................................52 IO-1...........................................55 REMIC III Regular Interest LT3MT-AIIIO-2...........................................55 REMIC III Regular Interest MT-ZZ Maximum IO-3...........................................55 REMIC III Regular Interest Deferral Amount ............................................................................52MT-IO-4...........................................55