Common use of The Lower Tier REMIC Clause in Contracts

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Companion Components, as applicable, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as Trustee of the Trust FundUpper Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Upper Tier REMIC by transfer of immediately available funds to the Certificate REMIC Trust Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundMiddle Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate either as part of a Combined Residual Certificate substantially in the form of Exhibit B-2 G hereto or as a Separate Residual Certificate substantially in the form of Exhibit I hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Interest Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Interest Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified or described on the Lower Tier Schedule and second in an amount corresponding to the principal thereof amount required to be applied as described belowinterest on its related Companion Class on such Distribution Date. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. The aggregate amount of principal distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Principal Distribution Amount for such calendar month. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, or as described in the Lower Tier Schedule, from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Middle Tier REMIC by transfer of immediately available funds to the Certificate Middle Tier Account. No distribution will be made on the RL Class CertificateClass, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class (in the form of a Separate Residual Certificate or as part of a Combined Residual Certificate) at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office Corporate Trust Office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 6-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 6-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal principal, interest and interest Prepayment Fee Amount distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall be equal to the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Components, as applicable, from the Principal Cash Flow Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 6-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 6-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 6-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 6-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued at a rate of 6.7% per annum on the Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date. In addition to interest distributable thereon as provided in the preceding paragraph, on each Distribution Date the Prepayment Fee Amount, if any, for such Distribution Date will be distributed on particular Lower Tier Regular Classes in amounts corresponding to the respective amounts of such Prepayment Fee Amount required to be distributed on their related Companion Classes or Components, as applicable, pursuant to Section 3.02.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 51-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 51-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 51-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 51-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 51-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 51-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Dates.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 79-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 79-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 79-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 79-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 79-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 79-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundMiddle Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate either as part of a Combined Residual Certificate substantially in the form of Exhibit B-2 F hereto or as a Separate Residual Certificate substantially in the form of Exhibit H hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Interest Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Interest Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of the Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified or described on the Lower Tier Schedule and second in an amount corresponding to the principal thereof amount required to be applied as described belowinterest on its related Companion Class on such Distribution Date. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. The aggregate amount of principal distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Principal Distribution Amount for such calendar month. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, or as described in the Lower Tier Schedule, from the Lower Tier Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Middle Tier REMIC by transfer of immediately available funds to the Certificate Middle Tier Account. No distribution will be made on the RL Class CertificateClass, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class (in the form of a Separate Residual Certificate for such Class or as part of a Combined Residual Certificate) at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 57-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 57-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 57-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 57-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 57-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 57-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 25-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 25-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 25-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 25-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 25-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 25-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 13-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 13-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 13-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 13-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 13-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 13-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 78-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 78-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 78-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 78-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 78-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 78-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 123-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 123-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 123-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 123-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office Corporate Trust Office as Paying Agent for the purpose of making distributions on the Class 123-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 123-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 32-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 32-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 32-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 32-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 32-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 32-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 54-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 54-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 54-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 54-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 54-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 54-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for its Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on each related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 24-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 24-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 24-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 24-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 24-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 24-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 62-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 62-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 62-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 62-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 62-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 62-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 131-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 131-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 131-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 131-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office Corporate Trust Office as Paying Agent for the purpose of making distributions on the Class 131-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 131-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 37-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 37-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 37-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 37-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 37-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 37-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 30-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 B-3 hereto. The Class 30-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 30-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 30-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 30-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 30-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Principal Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests Classes shall be made as if each year consisted of 12 twelve months of 30 thirty days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein; provided, however, that the principal shall be applied to the Lower Tier Regular Class 7 until it is reduced to zero before any principal is applied to the other Lower Tier Regular Classes. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the RL Class CertificateCertificates, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Certificate Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Certificate Interest Rate on the Class Certificate Principal Balance of such Lower Tier Regular Interest Class prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 7-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 7-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the FG Class (as specified in the Prospectus Supplement) shall be applied, sequentially, as principal of Lower Tier Classes 33 and 34, in that order, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 7-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 7-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 7-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 7-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 35-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 35-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 35-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 35-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 35-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 35-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 5-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 5-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Cash Flow Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 5-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 5-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 5-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 5-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 7-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 7-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 7-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 7-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 7-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 7-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 24-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 24-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 24-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 24-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 24-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 24-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 32-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 32-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 32-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 32-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 32-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 32-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 12-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 12-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes and Components, as applicable, from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the FD Class shall be applied, concurrently, as principal of Lower Tier Classes 14 and 15, in proportion to their original Class Balances, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No If any amounts in respect of the Group 5 Underlying REMIC Certificates (as specified in the Prospectus Supplement) shall remain in the Certificate Account on any Distribution Date following distribution will of the Lower Tier Distribution Amount for that Distribution Date, such amounts shall be made distributed to the Holder of the Class 12-RL Certificate. Xxxxxx Xxx hereby initially appoints State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 12-RL Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class Certificate12-RL Certificate the proceeds of the remaining assets of the Lower Tier REMIC, except that any if any, after the Class Balances of the Lower Tier Classes have been reduced to zero. Any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof of the Class 12-RL Certificate upon presentation and surrender of the RL Class such Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 44-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 44-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes- from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 44-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 44-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 44-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 44-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 40-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 40-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 40-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 40-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 40-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 40-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 81-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 81-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 81-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 81-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 81-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 81-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 45-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 45-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 45-RL Class Certificate, except other than any distributions to be made from the Cash Deposit Account pursuant to Section 2.07 hereof; provided, however, that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 45-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 45-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 45-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundMiddle Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate either as part of a Combined Residual Certificate substantially in the form of Exhibit B-2 F hereto or as a Separate Residual Certificate substantially in the form of Exhibit H hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Interest Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Interest Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of the Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified or described on the Lower Tier Schedule and second in an amount corresponding to the principal thereof amount required to be applied as described belowinterest on its related Companion Class on such Distribution Date. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. The aggregate amount of principal distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Principal Distribution Amount for such calendar month. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, or as described in the Lower Tier Schedule, from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Middle Tier Account. No distribution will be made on the RL Class CertificateClass, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class (in the form of a Separate Residual Certificate for such Class or as part of a Combined Residual Certificate) at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U. S. Bank at its corporate trust office Corporate Trust Office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 14-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 14-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 14-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 14-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 14-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 14-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 72-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 72-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 72-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 72-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 72-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 72-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 86-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 86-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 86-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 86-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 86-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 86-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 97-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 97-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 97-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 97-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 97-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 97-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 31-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 31-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 31-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 31-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 31-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 31-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on Lower Tier Class 5 during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date. Interest accrued on Lower Tier Class 6 in respect of the ZW Class (as specified in the Prospectus Supplement) during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 60-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 60-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 60-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 60-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 60-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 60-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 3-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 3-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 3-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 3-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 3-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 3-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 44-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 44-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 44-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 44-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 44-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 44-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 6-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 6-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 6-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 6-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 6-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 6-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 22-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 22-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 22-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 22-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 22-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 22-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 19-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 19-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 19-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 19-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 19-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 19-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 122-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 122-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 122-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 122-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 122-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 122-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Classes during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balances thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 9-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 9-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 9-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 9-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 9-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 9-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 30-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 30-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the FC Class (as specified in the Prospectus Supplement) shall be applied, concurrently, as principal of Lower Tier Classes 9, 10 and 11, in proportion to their original Class Balances, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 30-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 30-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 30-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 30-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundUpper Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate either as part of a Combined Residual Certificate substantially in the form of Exhibit B-2 B-3 hereto or as a Separate RL Class Certificate substantially in the form of Exhibit B-5 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the applicable Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Upper Tier REMIC by transfer of immediately available funds to the Certificate REMIC Trust Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof of the RL Class Certificate upon presentation and surrender of the such RL Class Certificate (in the form of a Separate Residual Certificate for such Class or a part of a Combined Residual Certificate) at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 4-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 4-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 4-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 4-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 4-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 4-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 5-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 5-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall be equal to the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 5-RL Class Certificate; provided, except however, that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 5-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 5-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 5-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Dates.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 91-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 91-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 91-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 91-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 91-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 91-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 51-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 51-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 51-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 51-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 51-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 51-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Classes during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balances thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 8-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 8-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall be equal to the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the portion of Lower Tier Accrual Class, the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 8-RL Class Certificate; provided, except however, that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 8-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 8-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 8-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust Fund. The Class W5-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 A-2 hereto. The Class W5- RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Companion Components, as applicable, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the Class W5-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class W5-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class W5-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class W5-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 40-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 40-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 40-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 40-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 40-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 40-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 80-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 80-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the FC Class (as specified in the Prospectus Supplement) shall be applied, concurrently, as principal of Lower Tier Classes 9, 16, 17 and 18, in proportion to their original Class Balances, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 80-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 80-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 80-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 80-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 76-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 76-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 76-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 76-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 76-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 76-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 24-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 24-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 24-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 24-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 24-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 24-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 12-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 12-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Components, as applicable, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 12-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 12-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 12-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 12-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 97-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 97-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 97-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 97-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 97-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 97-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 23-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 23-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 23-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 23-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 23-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 23-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 41-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 41-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 41-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 41-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 41-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 41-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 77-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 77-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 77-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 77-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 77-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 77-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust FundMiddle Tier REMIC. The Class 62-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 62-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund Middle Tier REMIC by transfer of immediately available funds to the Certificate Middle Tier Account. No distribution will be made on the Class 62-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 62-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 62-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 62-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 58-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 58-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 58-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 58-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 58-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 58-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundUpper Tier REMIC 1. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 B-3 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests Interest 1 shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank National Association at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each the Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each the Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 74-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 74-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the MS Class (as specified in the Prospectus Supplement) shall be applied, concurrently, as principal of Lower Tier Classes 16 and 18, in proportion to their then current Class Balances, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 74-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 74-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 74-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 74-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 47-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 47-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 47-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 47-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 47-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 47-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 37-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 37-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 37-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 37-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 37-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 37-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 46-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 46-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 46-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 46-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 46-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 46-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 66-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 66-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 66-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 66-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 66-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 66-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 47-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 47-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued On each Distribution Date, the Trustee shall withdraw the Cash Deposit Distribution Amount for such Distribution Date from the Cash Deposit, and shall deposit such Cash Deposit Distribution Amount into the Certificate Account for the distributions to be made on the Lower Tier Regular Interests shall be made Classes 13, 14, 15, 16, 18, 19 and 20 on such Distribution Date, as if each year consisted of 12 months of 30 days eachdescribed below. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of Lower Tier Classes 13, 14, 15 and 16 shall be applied such that, after giving effect to such applications of principal, the Class Balances of Lower Tier Classes 13, 14, 15 and 16 shall be equal to 0.001% of the Class Balances of the QI, TI, DI and TP Classes, respectively; and provided, that amounts to be applied as principal of Lower Tier Classes 18, 19 and 20 shall be applied such that, after giving effect to such applications of principal, the Class Balances of Lower Tier Classes 18, 19 and 20 shall be equal to 0.001% of the Class Balances of the EI, UI and CI Classes, respectively. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 47-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 47-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 47-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 47-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 71-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 71-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 71-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 71-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 71-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 71-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 97-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 97-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 97-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 97-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 97-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 97-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 64-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 64-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 64-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 64-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 64-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 64-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 9-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 9-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Components, as applicable, from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the FD1 Component (as specified in the Prospectus Supplement) shall be applied, concurrently, as principal of Lower Tier Classes 7 and 8, in proportion to their original Class Balances, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 9-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 9-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 9-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 9-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 50-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 50-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 50-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 50-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 50-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 50-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 119-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 119-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 119-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 119-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 119-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 119-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class (other than Lower Tier Class 20) during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date. Interest accrued on Lower Tier Class 20 during each Interest Accrual Period in respect of the related Companion Class that is an Accrual Class, shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 3-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 3-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during Classes on any calendar month Distribution Date shall equal the Lower Tier Distribution Amount for on such calendar monthDistribution Date. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period (except as provided below with respect to any Lower Tier Accrual Class) at the rate per annum rate specified on the Lower Tier Schedule above and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from pursuant to the Principal Distribution Amount priorities specified in the Prospectus Supplement. All computations of interest accrued on the Lower Tier Regular Classes shall be made as provided hereinif each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 3-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC REMIC, if any, shall be distributed to the Holder thereof upon presentation and surrender of the Class 3-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 3-RL Class Certificate as provided herein. Xxxxxx Xxx will shall distribute to the Holder of the Class 3-RL Class Certificate Certificateholder the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest Except as provided below with respect to each Lower Tier Accrual Class, interest accrued on each Class of Lower Tier Regular Interests Class for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date. In addition to interest distributable thereon as provided in the preceding paragraph, on each Distribution Date the Prepayment Penalty Amount, if any, for such Distribution Date will be distributed on particular Lower Tier Regular Classes in amounts corresponding to the respective amounts of such Prepayment Penalty Amount required to be distributed on their related Companion Classes pursuant to Section 3.02.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 16-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 16-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of Lower Tier Classes 30 and 31 shall be applied such that, after giving effect to such applications of principal, the Class Balance of Lower Tier Class 30 shall be equal to .01% of the Class Balances of the SH Class (as specified in the Prospectus Supplement), and the Class Balance of Lower Tier Class 31 shall be equal to .01% of the Class Balance of the SJ Class (as specified in the Prospectus Supplement); and provided, however, that amounts to be applied as principal of the FE Class (as specified in the Prospectus Supplement) shall be applied, sequentially, as principal of Lower Tier Classes 68 and 69, in that order, until the Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 16-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 16-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 16-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 16-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as thereof, subject to the limitations described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Notwithstanding the foregoing, if the Group 3 Lower Tier Interest Distribution Amount, Group 4 Lower Tier Interest Distribution Amount, Group 5 Lower Tier Interest Distribution Amount, Group 6 Lower Tier Interest Distribution Amount, Group 7 Lower Tier Interest Distribution Amount and Group 8 Lower Tier Interest Distribution Amount are insufficient to cover the amount of interest specified in the previous sentence with respect to the Group 3 Certificates, Group 4 Certificates, Group 5 Certificates, Group 6 Certificates, Group 7 Certificates and Group 8 Certificates, respectively, the amount of interest required to be distributed on the Certificates of the applicable Group shall be reduced by the amount of any such insufficiency. Such reduction shall be allocated among the Certificates of such Group pro rata (based on their then-current interest entitlements before giving effect to such insufficiency). On any Distribution Date, if interest is received on the Group 3, Group 4, Group 5, Group 6, Group 7 or Group 8 Underlying REMIC Securities in excess of the amount otherwise required to be paid as interest on the related Lower Tier Classes on such Distribution Date, such excess amount shall be allocated, pro rata, to the applicable Lower Tier Classes in proportions that reflect the aggregate interest insufficiencies allocated to such respective Lower Tier Classes on previous Distribution Dates pursuant to the immediately preceding paragraph. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 95-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 95-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 95-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 95-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 95-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 95-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 17-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 17-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein; provided, however, that amounts to be applied as principal of the JF Class (as specified in the Prospectus Supplement) shall be applied, sequentially, as principal of Lower Tier Classes 23 and 24, in that order, until the respective Class Balances thereof are reduced to zero. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 17-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 17-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 17-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 17-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 22-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 22-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 22-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 22-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 22-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 22-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 84-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 84-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein, except that amounts to be applied as principal of Lower Tier Classes 5, 6 and 7 on each Distribution Date shall be determined as provided in Section 2.07 hereof. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 84-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 84-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 84-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 84-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest Except as specified in the following paragraph, interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on any Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 13-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 13-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 13-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 13-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 13-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 13-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust Fund. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 B-3 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 5-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 5-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal principal, interest and interest Prepayment Fee Amount distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall be equal to the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes or Components, as applicable, from the Principal Cash Flow Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 5-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 5-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 5-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 5-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for its Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date. In addition to interest distributable thereon as provided in the preceding paragraph, on each Distribution Date the Prepayment Fee Amount, if any, for such Distribution Date will be distributed on particular Lower Tier Regular Classes in amounts corresponding to the respective amounts of such Prepayment Fee Amount required to be distributed on their related Companion Classes or Components, as applicable, pursuant to Section 3.02.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 46-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 46-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 46-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 46-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 46-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 46-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each the Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such the Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundMiddle Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate either as part of a Combined Residual Certificate substantially in the form of Exhibit B-2 F hereto or as a Separate Residual Certificate substantially in the form of Exhibit H hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Interest Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Interest Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of the Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified or described on the Lower Tier Schedule and second in an amount corresponding to the principal thereof amount required to be applied as described belowinterest on its related Companion Class on such Distribution Date. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. The aggregate amount of principal distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Principal Distribution Amount for such calendar month. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, or as described in the Lower Tier Schedule, from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Middle Tier Account. No distribution will be made on the RL Class CertificateClass, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class (in the form of a Separate Residual Certificate for such Class or as part of a Combined Residual Certificate) at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U. S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as Trustee of the Trust FundUpper Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Upper Tier REMIC by transfer of immediately available funds to the Certificate Upper Tier Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office Corporate Trust Office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 28-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 28-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 28-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 28-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 28-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 28-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 19-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 19-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to any Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 19-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 19-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 19-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 19-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 58-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 58-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to any Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule above and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Cash Flow Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 58-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 58-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 58-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 58-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period prior to the Interest Accrual Period relating to the Initial Interest Distribution Date for the applicable Companion Class shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Certificate Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx Mae in its capacity as Trustee of the Trust FundMiddle Tier REMIC. The RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests Interest 1 shall be made as if each year consisted of 12 months of 30 days each; and all computations of interest on Lower Tier Interest 2 shall be made on the basis of an assumed 360-day year and the actual number of days elapsed. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. Distributions on the Lower Tier Regular Interests shall be made to the Trustee of the Trust Fund Middle Tier REMIC by transfer of immediately available funds to the Certificate Certificate-MT Account. No distribution will be made on the RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests for the related Interest Accrual Period at the applicable Certificate Interest Rate shall be distributed on each applicable Distribution Date. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest on any Distribution Date shall be equal to interest at the applicable Certificate Interest Rate on the Class Balance of such Lower Tier Regular Interest prior to such Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 64-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 64-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 64-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 64-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 64-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 64-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 31-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 31-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to each Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 31-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 31-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 31-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 31-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of each Lower Tier Accrual Class. The total amount of interest to be distributed or added to principal with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 31-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 31-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Classes, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first applied, first, to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second and, second, to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes Classes, from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of 30 days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 31-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 31-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US U.S. Bank at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 31-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 31-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution Date, except as specified below in the case of the Lower Tier Accrual Classes. The total amount of interest to be distributed or added to principal with respect to each Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on each Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.

The Lower Tier REMIC. The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule. The Lower Tier Regular Interests Classes shall be issued as non-certificated interests and recorded on the records of the Lower Tier REMIC as being issued to and held by Xxxxxx Xxx in its capacity as the Trustee of the Trust Fund. The Class 84-RL Class Certificate shall be issued as a single fully registered certificate substantially in the form of Exhibit B-2 hereto. The Class 84-RL Class Certificate may be transferred and is otherwise subject to the provisions of Article V hereof. The aggregate amount of principal and interest distributable in respect of the Lower Tier Regular Interests Classes during any calendar month shall equal the Lower Tier Distribution Amount for such calendar month. On each Distribution Date, except as provided below with respect to the Lower Tier Accrual Class, the portion of the Lower Tier Distribution Amount distributable thereon shall be applied first to the distribution of interest accrued on each applicable Class of Lower Tier Regular Interests Classes during the preceding Interest Accrual Period at the per annum rate specified on the Lower Tier Schedule and second to the principal thereof as described below. All computations of interest accrued on the Lower Tier Regular Interests shall be made as if each year consisted of 12 months of 30 days each. On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein. All computations of interest accrued on the Lower Tier Regular Classes shall be made as if each year consisted of twelve months of thirty days each. Distributions on the Lower Tier Regular Interests Classes shall be made to the Trustee of the Trust Fund by transfer of immediately available funds to the Certificate Trust Account. No distribution will be made on the Class 84-RL Class Certificate, except that any distribution of the proceeds of the final remaining assets of the Lower Tier REMIC shall be distributed to the Holder thereof upon presentation and surrender of the Class 84-RL Class Certificate at the Corporate Trust Office or such other office or address as may be specified in the notice of such final distribution from Xxxxxx Xxx. Xxxxxx Xxx hereby initially appoints US State Street Bank and Trust Company at its corporate trust office as Paying Agent for the purpose of making distributions on the Class 84-RL Class Certificate as provided herein. Xxxxxx Xxx will distribute to the Holder of the Class 84-RL Class Certificate the proceeds of the remaining assets of the Lower Tier REMIC, if any, after the Class Balances of the Lower Tier Regular Interests Classes have been reduced to zero. Interest accrued on each Class of Lower Tier Regular Interests Classes for the related Interest Accrual Period at the applicable Interest Rate shall be distributed on each applicable Distribution DateDate except as specified below in the case of the Lower Tier Accrual Class. The total amount of interest to be distributed with respect to each any Lower Tier Regular Interest Class on any Distribution Date shall be equal to one month’s interest at the applicable Interest Rate on the Class Balance of such Lower Tier Regular Interest Class immediately prior to such Distribution Date. Interest accrued on the Lower Tier Accrual Class during each Interest Accrual Period shall not be distributed thereon as interest but shall instead be added to the Class Balance thereof on the related Distribution Date.