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) Class P Certificates Variable(2) $100.00 August 1, 2035 _______________

REMIC IV. As provided herein, the Trust Securities Administrator on behalf of the Trustee will elect to treat the segregated pool of assets consisting of the Class P I-C Interest as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC IV.” ”. The Class RI-IV Interest will evidence RX Certificates represent the sole class of “residual interests” Residual Interests in REMIC IV for purposes of the REMIC Provisions under federal income tax lawProvisions. The following table irrevocably sets forth the Class designation, the Pass-Through Rate, the initial aggregate Initial Certificate Principal Balance and, for purposes of satisfying Treasury regulation Regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes Class of Certificates. Certificates that represents a Regular Interest in REMIC IV created hereunder: Class Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class P Certificates I-C Variable(2) $100.00 August 1$ 382,737,496.87 June 25, 2035 2036 _______________

REMIC IV. As provided herein, the Trust Administrator Trustee will elect to treat the segregated pool of assets consisting of the Class P CE 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 represents 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-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 Class of Certificates. Certificates that represents a regular interest in REMIC IV created hereunder: Designation Pass-Through Rate Initial Aggregate Certificate Principal Balance Latest Possible Maturity Date(1) Class P Certificates CE Variable(2) $100.00 $ 24,601,583.59 August 125, 2035 _______________

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 P Certificates M-4 Variable(2) $100.00 August 1, 2035 _______________