Common use of REMIC IV Clause in Contracts

REMIC IV. As provided herein, the Trust Administrator will elect to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” The Class R-IV Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates. Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) _______________

REMIC IV. As provided herein, the Trust Administrator Trustee will elect to treat the segregated pool of assets consisting of the the Class P CE-1 Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” The Class R-IV Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions under federal income tax lawProvisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates. Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1Class CE-1 Variable(2) $27,039,107.53(3) December 26, 2035 _______________

REMIC IV. As provided herein, the Trust Administrator will elect to treat the segregated pool of assets consisting of the Class P C Interest as a REMIC (as defined herein) for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” ”. The Class R-IV R-4 Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions (as defined herein) under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the indicated Classes of CertificatesCertificates that evidence “regular interests” in REMIC IV. Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1Class C (2) $ 6,153,944.85 September 25, 2037 ___________________

REMIC IV. As provided herein, the Trust Administrator Trustee will elect to treat the segregated pool of assets consisting of the Class P M-4 Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” The Class R-IV Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, solely for purposes of satisfying Treasury regulation Section section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates. Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class M-4 Variable(2) _______________

REMIC IV. As provided herein, the Trust Securities Administrator will elect to treat the segregated pool of assets consisting of the Class P Interest REMIC III Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” The Class R-IV Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions under federal income tax lawProvisions. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates. Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) _______________.