Common use of TIER REMIC Clause in Contracts

TIER REMIC. The respective Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 Class LB (1) $47,800,000 Class LC (1) $51,300,000 Class LD (1) $96,800,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 Class LT-R(2) N/A(2) N/A(2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD, Class LE and Class LF Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate Original Lower-Tier Principal Amount Class LA (1) $423,100,000 $ 150,000,000 Class LB (1) $47,800,000 $ 75,000,000 Class LC (1) $51,300,000 $ 56,300,000 Class LD (1) $96,800,000 $ 69,000,000 Class LE (1) $165,100,000 $ 93,700,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 $ 68,500,000 Class LT-R(2R None(2) N/A(2) N/A(2None(2)

TIER REMIC. The respective Class LA, Class LB and Class LHRR Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 $ 420,000,000 Class LB (1) $47,800,000 Class LC (1) $51,300,000 Class LD (1) $96,800,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 $ 31,250,000 Class LHRR (1) $46,750,000 $ 23,750,000 Class LT-R(2R None(2) N/A(2) N/A(2None(2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise the interests in the : Class Designation Pass-Through Rate Initial Lower-Tier REMIC created hereunder: Principal Amount Class LA (1) $423,100,000 $ 166,700,000 Class LB (1) $47,800,000 $ 50,800,000 Class LC (1) $51,300,000 $ 33,900,000 Class LD (1) $96,800,000 $ 53,600,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 $ 65,000,000 Class LT-R(2R None(2) N/A(2) N/A(2None(2)

TIER REMIC. The respective Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 293,900,000 Class LB (1) $47,800,000 38,500,000 Class LC (1) $51,300,000 71,700,000 Class LD (1) $96,800,000 86,800,000 Class LE LVRR (12) $165,100,000 Class LF 15,502,107 LUVRR-GS (12) $104,150,000 Class LHRR 5,167,368 LUVRR-JP (12) $46,750,000 5,167,368 Class LT-R(2R(3) N/A(2A(3) N/A(2A(3)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD, Class LE and Class LVRR Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate Original Lower-Tier Principal Amount Class LA (1) $423,100,000 104,408,000 Class LB (1) $47,800,000 24,412,000 Class LC (1) $51,300,000 38,767,000 Class LD (1) $96,800,000 38,796,000 Class LE (1) $165,100,000 31,117,000 Class LF LVRR (1) $104,150,000 Class LHRR (1) $46,750,000 12,500,000 Class LT-R(2) N/A(2) N/A(2)

TIER REMIC. The respective Uncertificated Lower-Tier Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class Designation Pass-Through Rate Original Lower-Tier Principal Amount Class LA (1) $423,100,000 39,960,000 Class LB (1) $47,800,000 5,240,000 Class LC (1) $51,300,000 26,400,000 Class LD (1) $96,800,000 21,000,000 Class LE (1) $165,100,000 27,000,000 Class LF (1) $104,150,000 41,700,000 Class LG (1) $ 45,150,000 Class LHRR (1) $46,750,000 15,750,000 Class LT-R(2) N/A(2) N/A(2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 169,366,000 Class LB (1) $47,800,000 82,082,000 Class LC (1) $51,300,000 61,561,000 Class LD (1) $96,800,000 75,515,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 61,476,000 Class LT-R(2) N/A(2) N/A(2R None(1)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 $ 42,500,000 Class LB (1) $47,800,000 $ 31,600,000 Class LC (1) $51,300,000 $ 23,800,000 Class LD (1) $96,800,000 $ 29,100,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 $ 35,000,000 Class LT-R(2R None(2) N/A(2) N/A(2None (2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 $ 42,500,000 Class LB (1) $47,800,000 $ 31,600,000 Class LC (1) $51,300,000 $ 23,800,000 Class LD (1) $96,800,000 $ 29,100,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 $ 35,000,000 Class LT-R(2R None(2) N/A(2) N/A(2None(2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LVRR Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 142,926,000 Class LB (1) $47,800,000 20,781,000 Class LC (1) $51,300,000 16,086,000 Class LD (1) $96,800,000 22,937,000 Class LE (1) $165,100,000 70,044,000 Class LF (1) $104,150,000 37,860,000 Class LHRR LG (1) $46,750,000 21,866,000 Class LVRR (1) $17,500,000 Class LT-R(2) N/A(2) A N/A(2)A

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD, Class LE and Class LHRR Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LT-R Interest, which comprise Interest comprising the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 120,731,000 Class LB (1) $47,800,000 18,808,000 Class LC (1) $51,300,000 17,361,000 Class LD (1) $96,800,000 28,500,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 37,150,000 Class LHRR (1) $46,750,000 15,450,000 Class LT-R(2) N/A(2) N/A(2)

TIER REMIC. The respective Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Lower-Tier Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder. The Class LT-R Interest will constitute the sole class Class of “residual interests” in the Lower-Tier REMIC created hereunder and will be evidenced by the Class R Certificates. The following table sets forth the class designations, Pass-Through Rates and initial Lower-Tier Principal Amounts and Pass-Through Rates for the Uncertificated Lower-Tier Interests and the Class LTUT-R Interest, which comprise the interests in the Lower-Tier REMIC created hereunder: Class LA (1) $423,100,000 $ 209,000,000 Class LB (1) $47,800,000 $ 121,563,000 Class LC (1) $51,300,000 $ 67,837,000 Class LD (1) $96,800,000 $ 68,500,000 Class LE (1) $165,100,000 Class LF (1) $104,150,000 Class LHRR (1) $46,750,000 $ 108,850,000 Class LT-R(2R None (2) N/A(2) N/A(2None(2)