Common use of Structure Diagram Clause in Contracts

Structure Diagram. The following structure diagram provides an indicative summary of the principal features of the transaction in particular relating to the cash flows. The diagram must be read in conjunction with and is qualified in its entirety by the detailed information presented elsewhere in this Prospectus. Stichting Holding Cartesian (Shareholder) Stichting Security Trustee Cartesian Residential Mortgages 3 (Security Trustee) Sale and Assignment Mortgage Receivables Sale and assignment Mortgage Receivables and servicing Ember VRM S.à x.x. (Seller) (Servicer) Servicing fee Stichting Ember Hypotheken (Collection Foundation) Principal & Interest on the Mortgage Receivables 100% Parallel debt and security Class A Noteholders Class B Noteholders Class C Noteholders Class D Noteholders A, B, C, D Cartesian Residential Mortgages 3 S.A. (Issuer) and E Notes Proceeds Class E Noteholders Principal & Interest on Notes Class S Noteholders BNP Paribas (Swap Counter- party) Class X Revenue Amount Venn Hypotheken B.V. (Originator) Principal & Interest on the Mortgage Receivables Borrowers Citibank Europe plc, Luxembourg Branch and Citibank, N.A. London Branch Venn Hypotheken B.V. (Portfolio Manager) (Issuer Account Bank and Issuer Account Agent) Class X Noteholders Reserve Account S Notes and X Notes Proceeds

Structure Diagram. The following structure diagram provides an indicative summary of the principal features of the transaction in particular relating to the cash flows. The diagram must be read in conjunction with and is qualified in its entirety by the detailed information presented elsewhere in this Prospectus. Stichting Holding Cartesian (Shareholder) Stichting Security Trustee Cartesian Residential Mortgages 3 (Security Trustee) Sale and Assignment Mortgage Receivables Sale and assignment Mortgage Receivables and servicing Ember VRM S.à x.x. (Seller) (Servicer) Servicing fee Stichting Ember Hypotheken (Collection Foundation) Principal & Interest on the Mortgage Receivables 100% Parallel debt and security Class A Noteholders Class B Noteholders Class C Noteholders Class D Noteholders AX, B, C, D Cartesian Residential Mortgages 3 S.A. (Issuer) and E Notes Proceeds Class E Noteholders Principal & Interest on Notes Class S Noteholders BNP Paribas (Swap Counter- party) Class X Revenue Amount Venn Hypotheken B.V. (Originator) Principal & Interest on the Mortgage Receivables Borrowers Citibank Europe plc, Luxembourg Branch and Citibank, N.A. London Branch Venn Hypotheken B.V. (Portfolio Manager) (Issuer Account Bank and Issuer Account Agent) Class X Noteholders Reserve Account S Notes and X Notes Proceeds