Common use of Transfer of Underlying REMIC Certificates Clause in Contracts

Transfer of Underlying REMIC Certificates. Xxxxxx Xxx, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee, all of Xxxxxx Mae’s right, title and interest in and to the Underlying REMIC Certificates, including all payments of principal and interest thereon received after the month of the Issue Date. Xxxxxx Mae, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Underlying REMIC Certificates and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

Transfer of Underlying REMIC Certificates. Xxxxxx XxxMae, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx MaeXxx, acting in its capacity as Trustee, all of Xxxxxx Mae’s right, title and interest in and to the Underlying REMIC Certificates, including all payments of principal and interest thereon received after the month of the Issue Date. Xxxxxx MaeXxx, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Underlying REMIC Certificates and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

Transfer of Underlying REMIC Certificates. Xxxxxx XxxMae, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx MaeXxx, acting in its capacity as Trustee, all of Xxxxxx Fannie Mae’s right, title and interest in and to the Underlying REMIC Certificates, including all payments of principal and interest thereon received after the month of the Issue Date. Xxxxxx Fannie Mae, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Underlying REMIC Certificates and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

Transfer of Underlying REMIC Certificates. Xxxxxx Xxx, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee, all of Xxxxxx Mae’s right, title and interest in and to the Underlying REMIC Certificates, including all payments of principal and interest thereon received after the month of the Issue Date. Xxxxxx Mae, acting in its capacity as Trustee, acknowledges the transfer and assignment to it of the Underlying REMIC Certificates and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.