EXECUTION COPY
==============================================================================================
RESIDENTIAL ACCREDIT LOANS, INC.,
Company,
RESIDENTIAL FUNDING CORPORATION,
Master Servicer,
and
DEUTSCHE BANK TRUST COMPANY AMERICAS,
Trustee
SERIES SUPPLEMENT,
DATED AS OF JANUARY 1, 2006,
TO
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
dated as of January 1, 2006
Mortgage Asset-Backed Pass-Through Certificates
Series 2006-QS1
==============================================================================================
Article I DEFINITIONS....................................................................1
Section 1.01. Definitions. ........................................................1
Section 1.02. Use of Words and Phrases............................................16
Section 1.03. Determination of LIBOR..............................................16
Article II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES...............18
Section 2.01. Conveyance of Mortgage Loans........................................18
Section 2.02. Acceptance by Trustee. ............................................19
Section 2.03. Representations, Warranties and Covenants of the Master Servicer and
the Company.........................................................19
Section 2.04. Representations and Warranties of Sellers. (See Section 2.04 of the
Standard Terms).....................................................22
Section 2.05. Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I Certificates........................22
Section 2.06. Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee...........................................22
Section 2.07. Issuance of Certificates Evidencing Interest in REMIC II............22
Section 2.08. Purposes and Powers of the Trust. (See Section 2.08 of the Standard
Terms)..............................................................22
Article III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS................................23
Article IV PAYMENTS TO CERTIFICATEHOLDERS................................................24
Section 4.01. Certificate Account. ...............................................24
Section 4.02. Distributions.......................................................24
Section 4.03. Statements to Certificateholders; Statements to the Rating Agencies;
Exchange Act Reporting. (See Section 4.03 of the Standard Terms)....32
Section 4.04. Distribution of Reports to the Trustee and the Company; Advances by
the Master Servicer. (See Section 4.04 of the Standard Terms).......32
Section 4.05. Allocation of Realized Losses.......................................32
Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.......33
Section 4.07. Optional Purchase of Defaulted Mortgage Loans.......................33
Section 4.08. Surety Bond.........................................................34
Section 4.09. Reserve Fund........................................................34
Article V THE CERTIFICATES..............................................................35
Section 5.01. The Certificates....................................................35
Section 5.02. Registration of Transfer and Exchange of Certificates...............37
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates...................37
Section 5.04. Persons Deemed Owners...............................................37
Section 5.05. Appointment of Paying Agent.........................................37
Section 5.06. U.S.A. Patriot Act Compliance.......................................37
Article VI THE COMPANY AND THE MASTER SERVICER...........................................38
Article VII DEFAULT.......................................................................39
Article VIII CONCERNING THE TRUSTEE........................................................40
Section 8.01. Duties of the Trustee...............................................40
Section 8.02. Certain Matters Affecting the Trustee...............................40
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans...............40
Section 8.04. Trustee May Own Certificates........................................40
Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses; Indemnification.40
Section 8.06. Eligibility Requirements for Trustee................................40
Section 8.07 Resignation and Removal of the Trustee..............................40
Section 8.08 Successor Trustee...................................................40
Section 8.09 Merger or Consolidation of Trustee..................................40
Section 8.10 Appointment of Co-Trustee or Separate Trustee.......................40
Section 8.11 Appointment of Custodians...........................................40
Section 8.12 Appointment of Office or Agency.....................................40
Article IX TERMINATION...................................................................41
Article X REMIC PROVISIONS..............................................................42
Section 10.01.REMIC Administration. (See Section 10.01 of the Standard Terms)....42
Section 10.02.Master Servicer; REMIC Administrator and Trustee
Indemnification. ...................................................42
Section 10.03.Designation of REMICs...............................................42
Section 10.04.Distributions on the Uncertificated REMIC I and REMIC II Regular
Interests...........................................................42
Section 10.05.Compliance with Withholding Requirements............................44
Article XI MISCELLANEOUS PROVISIONS......................................................45
Section 11.01.Amendment. (See Section 11.01 of the Standard Terms)...............45
Section 11.02.Recordation of Agreement; Counterparts.............................45
Section 11.03.Limitation on Rights of Certificateholders..........................45
Section 11.04.Governing Law.......................................................45
Section 11.05.Notices.............................................................45
Section 11.06.Required Notices to Rating Agency and Subservicer...................46
Section 11.07.Severability of Provisions..........................................46
Section 11.08.Supplemental Provisions for Resecuritization........................46
Section 11.09.Allocation of Voting Rights.........................................46
Section 00.00.Xx Petition.........................................................46
EXHIBITS
Exhibit One: Mortgage Loan Schedule
Exhibit Two: Schedule of Discount Fractions
Exhibit Three: Information to be Included in
Monthly Distribution Date Statement
Exhibit Four: Standard Terms of Pooling and Servicing
Agreement Dated as of January 1, 2006
Exhibit Five: Aggregate Planned Principal Balances
This is a Series Supplement, dated as of January 1, 2006 (the "Series Supplement"),
to the Standard Terms of Pooling and Servicing Agreement, dated as of January 1, 2006 and
attached as Exhibit Four hereto (the "Standard Terms" and, together with this Series
Supplement, the "Pooling and Servicing Agreement" or "Agreement"), among RESIDENTIAL
ACCREDIT LOANS, INC., as the company (together with its permitted successors and assigns,
the "Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with its
permitted successors and assigns, the "Master Servicer"), and DEUTSCHE BANK TRUST COMPANY
AMERICAS, as Trustee (together with its permitted successors and assigns, the "Trustee").
PRELIMINARY STATEMENT:
The Company intends to sell mortgage asset-backed pass-through certificates
(collectively, the "Certificates"), to be issued hereunder in multiple classes, which in the
aggregate will evidence the entire beneficial ownership interest in the Mortgage Loans (as
defined herein). As provided herein, the REMIC Administrator will make an election to treat
the entire segregated pool of assets described in the definition of Trust Fund, and subject
to this Agreement (including the Mortgage Loans), as two real estate mortgage investment
conduits (each, a "REMIC") for federal income tax purposes.
The terms and provisions of the Standard Terms are hereby incorporated by reference
herein as though set forth in full herein. If any term or provision contained herein shall
conflict with or be inconsistent with any provision contained in the Standard Terms, the
terms and provisions of this Series Supplement shall govern. All capitalized terms not
otherwise defined herein shall have the meanings set forth in the Standard Terms. The
Pooling and Servicing Agreement shall be dated as of the date of this Series Supplement.
The following table sets forth the designation, type, Pass-Through Rate, aggregate
Initial Certificate Principal Balance, Maturity Date, initial ratings and certain features
for each Class of Certificates comprising the interests in the Trust Fund created hereunder.
AGGREGATE
INITIAL 2)
CERTIFICATE
PASS-THROUGH PRINCIPAL MATURITY FITCH/XXXXX'X/ MINIMUM
DESIGNATION RATE BALANCE FEATURES(1) DATE S&P DENOMINATIONS(
Class A-1 5.75% $1,200,000.00 Senior/Retail/Fixed January AAA/Aaa/AAA $1,000.00
Rate 25, 2036
Senior/Senior
Class A-2 Support/PAC/Fixed January
5.75% $6,775,000.00 Rate 25, 0000 XXX/Xxx/XXX $25,000.00
0 Senior/Super
Class A-3 Senior/PAC/Fixed January
5.75% $108,134,000.0 Rate 25, 0000 XXX/Xxx/XXX $25,000.00
Class A-4 5.75% $17,636,000.00 Senior/PAC/Fixed January AAA/Aaa/AAA $25,000.00
Rate 25, 2036
Class A-5 Adjustable $86,970,608.00 Senior/Companion/FloaterJanuary AAA/Aaa/AAA $25,000.00
Rate(3) Adjustable Rate 25, 2036
Senior/Companion/Inver
Class A-6 Adjustable $11,343,992.00 Floater/Adjustable seJanuary AAA/Aaa/AAA $25,000.00
Rate(3) Rate 25, 2036
Class A-7 5.75% $25,784,400.00 Senior/Lockout/Fixed January AAA/Aaa/AAA $25,000.00
Rate 25, 2036
Class A-8 Adjustable $42,974,000.00 Senior/Floater/AdjustablJanuary AAA/Aaa/AAA $25,000.00
Rate(3) Rate 25, 2036
4) Senior/Interest
Adjustable Only/Inverse January
Class A-9 Rate(3) $0.00( Xxxxxxx/Xxxxxxxxxx 00, 0000 XXX/Xxx/XXX $2,000,000.00
Rate
Class A-P 0.00% $2,784,564.75 Senior/Principal January AAA/Aaa/AAA $25,000.00
Only 25, 2036
Class A-V Variable $0.00(6) Senior/Interest January AAA/Aaa/AAA $2,000,000.00
Rate(5) Only/Variable Rate 25, 2036
Class R-I 6.00% $100.00 Senior/Residual/Fixed January AAA/Aaa/AAA (7)
Rate 25, 2036
Class R-II 6.00% $100.00 Senior/Residual/Fixed January AAA/Aaa/AAA (7)
Rate 25, 2036
Class M-1 6.00% $10,525,500.00 Mezzanine/Fixed Rate January AA/NA/NA $25,000.00
25, 2036
Class M-2 6.00% $3,238,400.00 Mezzanine/Fixed Rate January A/NA/NA $250,000.00
25, 2036
Class M-3 6.00% $2,428,800.00 Mezzanine/Fixed Rate January BBB/NA/NA
25, 2036 $250,000.00
Class B-1 6.00% $1,619,200.00 Subordinate/Fixed January BB/NA/NA
Rate 25, 2036 $250,000.00
Class B-2 6.00% $1,295,400.00 Subordinate/Fixed January B/NA/NA
Rate 25, 2036 $250,000.00
Class B-3 6.00% $1,133,518.88 Subordinate/Fixed January NA/NA/NA
Rate 25, 2036 $250,000.00
(1) The Certificates, other than the Class B and Class R Certificates shall be
Book-Entry Certificates. The Class B Certificates and the Class R
Certificates shall be delivered to the holders thereof in physical form.
(2) The Certificates, other than the Class R Certificates, shall be issuable in
minimum dollar denominations as indicated above (by Certificate Principal
Balance or Notional Amount, as applicable) and integral multiples of $1 (or
$1,000 in the case of the Class B-1, Class B-2 and Class B-3 Certificates)
in excess thereof, except that one Certificate of any of the Class B-1,
Class B-2 and Class B-3 Certificates that contain an uneven multiple of
$1,000 shall be issued in a denomination equal to the sum of the related
minimum denomination set forth above and such uneven multiple for such
Class or the sum of such denomination and an integral multiple of $1,000.
(3)
----------------------------------------------------------------------------------------------
--------------- ---------------- ----------------------- --------------------------- ---------------
Adjustable Initial Formula Maximum Minimum
Rates:
--------------- ---------------- ----------------------- --------------------------- ---------------
--------------- ---------------- ----------------------- --------------------------- ---------------
Class A-5 5.20375% LIBOR + 0.91% 6.50% 0.91%
--------------- ---------------- ----------------------- --------------------------- ---------------
--------------- ---------------- ----------------------- --------------------------- ---------------
Class A-6 9.93792% 42.85666667% - 42.85666667% 0.00%
(7.666667 multiplied
by LIBOR)
--------------- ---------------- ----------------------- --------------------------- ---------------
--------------- ---------------- ----------------------- --------------------------- ---------------
Class A-8 4.64375% LIBOR + 0.35% 7.50% 0.35%
--------------- ---------------- ----------------------- --------------------------- ---------------
--------------- ---------------- ----------------------- --------------------------- ---------------
Class A-9 2.85625% 7.15% - LIBOR 7.15% 0.00%
(4) The Class A-9 Certificates do not have a certificate principal balance. For
the purpose of calculating interest payments, interest on the Class A-9
Certificates will accrue on a notional amount equal to the certificate
principal balance of the Class A-8 Certificates immediately prior to the
related distribution date, which is initially equal to approximately
$42,974,000.00.
(5) The initial Pass-Through Rate on the Class A-V Certificates is 0.5042%.
(6) The Class A-V Certificates do not have a certificate principal balance. For
the purpose of calculating interest payments, interest on the Class A-V
Certificates will accrue on a notional amount equal to the aggregate stated
principal balance of the mortgage loans, which is initially equal to
approximately $323,843,583.63.
(7) Each class of the Class R Certificates shall be issuable in minimum
denominations of not less than a 20% Percentage Interest; provided,
however, that one Class R Certificate of each Class will be issuable to
Residential Funding as "tax matters person" pursuant to Section 10.01(c)
and (e) in a minimum denomination representing a Percentage Interest of not
less than 0.01%.
The Mortgage Loans have an aggregate principal balance as of the Cut-off Date of
$323,843,583.63
In consideration of the mutual agreements herein contained, the Company, the Master
Servicer and the Trustee agree as follows:
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.
Whenever used in this Agreement, the following words and phrases, unless the context
otherwise requires, shall have the meanings specified in this Article.
Adjustable Rate Certificates: Any of the Class A-5, Class A-6, Class A-8 and Class
A-9 Certificates.
Aggregate Planned Principal Balance: With respect to any Distribution Date, the
amount set forth in the table entitled "Aggregate Planned Principal Balances" in Exhibit
Five opposite such date.
Bankruptcy Amount: As of any date of determination prior to the first anniversary
of the Cut-off Date, an amount equal to the excess, if any, of (A) $115,833 over (B) the
aggregate amount of Bankruptcy Losses allocated solely to one or more specific Classes of
Certificates in accordance with Section 4.05 of this Series Supplement. As of any date of
determination on or after the first anniversary of the Cut-off Date, an amount equal to the
excess, if any, of
(1) the lesser of (a) the Bankruptcy Amount calculated as of the close of
business on the Business Day immediately preceding the most recent anniversary of the
Cut-off Date coinciding with or preceding such date of determination (or, if such
date of determination is an anniversary of the Cut-off Date, the Business Day
immediately preceding such date of determination) (for purposes of this definition,
the "Relevant Anniversary") and (b) the greatest of
(A) (i) if the aggregate principal balance of the Non-Primary
Residence Loans as of the Relevant Anniversary is less than 10% of the Stated
Principal Balance of the Mortgage Loans as of the Relevant Anniversary, $0.00,
or (ii) if the aggregate principal balance of the Non-Primary Residence Loans
as of the Relevant Anniversary is equal to or greater than 10% of the Stated
Principal Balance of the Mortgage Loans as of the Relevant Anniversary, the
sum of (I) the aggregate principal balance of the Non-Primary Residence Loans
with a Loan-to-Value Ratio of greater than 80.00% but less than or equal to
90.00% (other than Additional Collateral Loans), times 0.25%, (II) the
aggregate principal balance of the Non-Primary Residence Loans with a
Loan-to-Value Ratio of greater than 90.00% but less than or equal to 95.00%
(other than Additional Collateral Loans), times 0.50%, and (III) the aggregate
principal balance of the Non-Primary Residence Loans with a Loan-to-Value
Ratio of greater than 95.00% (other than Additional Collateral Loans) times
0.75%, in each case as of the Relevant Anniversary;
(B) the greater of (i) the product of (x) an amount equal to the
largest difference in the related Monthly Payment for any Non-Primary
Residence Loan remaining in the Mortgage Pool (other than Additional
Collateral Loans) which had an original Loan-to-Value Ratio of 80% or greater
that would result if the Net Mortgage Rate thereof was equal to the weighted
average (based on the principal balance of the Mortgage Loans as of the
Relevant Anniversary) of the Net Mortgage Rates of all Mortgage Loans as of
the Relevant Anniversary less 1.25% per annum, (y) a number equal to the
weighted average remaining term to maturity, in months, of all Non-Primary
Residence Loans remaining in the Mortgage Pool as of the Relevant Anniversary,
and (z) one plus the quotient of the number of all Non-Primary Residence Loans
remaining in the Mortgage Pool divided by the total number of Outstanding
Mortgage Loans in the Mortgage Pool as of the Relevant Anniversary, and (ii)
$50,000; and
(C) the greater of (i) 0.0006 times the aggregate principal balance
of all the Mortgage Loans in the Mortgage Pool as of the Relevant Anniversary
having a Loan-to-Value Ratio (other than Additional Collateral Loans) at
origination which exceeds 75% and (ii) $100,000,
over (2) the aggregate amount of Bankruptcy Losses allocated solely to one or
more specific Classes of Certificates in accordance with Section 4.05 since the
Relevant Anniversary.
The Bankruptcy Amount may be further reduced by the Master Servicer (including
accelerating the manner in which such coverage is reduced) provided that prior to any such
reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency
that such reduction shall not reduce the rating assigned to any Class of Certificates by
such Rating Agency below the lower of the then-current rating or the rating assigned to such
Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Certificate: Any Class A, Class M, Class B or Class R Certificate.
Certificate Account: The separate account or accounts created and maintained
pursuant to Section 4.01 of the Standard Terms, which shall be entitled "Deutsche Bank Trust
Company Americas, as trustee, in trust for the registered holders of Residential Accredit
Loans, Inc., Mortgage Asset-Backed Pass-Through Certificates, Series 2006-QS1" and which
must be an Eligible Account.
Certificate Policy: None.
Class A Certificate: Any one of the Class X-0, Xxxxx X-0, Class A-3, Class A-4,
Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-V or Class A-P Certificates,
executed by the Trustee and authenticated by the Certificate Registrar substantially in the
form annexed to the Standard Terms as Exhibit A.
Class R Certificate: Any one of the Class R-I Certificates and Class R-II
Certificates.
Class R-I Certificate: Any one of the Class R-I Certificates executed by the
Trustee and authenticated by the Certificate Registrar substantially in the form annexed to
the Standard Terms as Exhibit D and evidencing an interest designated as a "residual
interest" in REMIC I for purposes of the REMIC Provisions.
Class R-II Certificate: Any one of the Class R-II Certificates executed by the
Trustee and authenticated by the Certificate Registrar substantially in the form annexed to
the Standard Terms as Exhibit D and evidencing an interest designated as a "residual
interest" in REMIC II for purposes of the REMIC Provisions.
Closing Date: January 30, 2006.
Corporate Trust Office: The principal office of the Trustee at which at any
particular time its corporate trust business with respect to this Agreement shall be
administered, which office at the date of the execution of this instrument is located at
0000 Xxxx Xx. Xxxxxx Xxxxx, Xxxxx Xxx, Xxxxxxxxxx 00000-0000, Attention: Residential
Funding Corporation Series 2006-QS1.
Cut-off Date: January 1, 2006.
Determination Date: With respect to any Distribution Date, the second Business Day
prior to each Distribution Date.
Discount Net Mortgage Rate: 6.00% per annum.
Due Period: With respect to each Distribution Date, the calendar month in which
such Distribution Date occurs.
Eligible Funds: On any Distribution Date, the excess, if any, of the Available
Distribution Amount over the sum of (i) the aggregate amount of Accrued Certificate Interest
on the Senior Certificates, (ii) the Senior Principal Distribution Amount (determined
without regard to Section 4.02(a)(ii)(Y)(D) hereof), (iii) the Class A-P Principal
Distribution Amount (determined without regard to clause (E) of the definition of Class A-P
Principal Distribution Amount) and (iv) the aggregate amount of Accrued Certificate Interest
on the Class M, Class B-1 and Class B-2 Certificates.
Floater Certificates: The Class A-5 Certificates and Class A-8 Certificates.
Fraud Loss Amount: As of any date of determination after the Cut-off Date, an
amount equal to: (X) prior to the first anniversary of the Cut-off Date an amount equal to
3.00% of the aggregate outstanding principal balance of all of the Mortgage Loans as of the
Cut-off Date minus the aggregate amount of Fraud Losses allocated solely to one or more
specific Classes of Certificates in accordance with Section 4.05 of this Series Supplement
since the Cut-off Date up to such date of determination, (Y) from the first to, but not
including, the second anniversary of the Cut-off Date, an amount equal to (1) the lesser of
(a) the Fraud Loss Amount as of the most recent anniversary of the Cut-off Date and (b)
2.00% of the aggregate outstanding principal balance of all of the Mortgage Loans as of the
most recent anniversary of the Cut-off Date minus (2) the aggregate amount of Fraud Losses
allocated solely to one or more specific Classes of Certificates in accordance with Section
4.05 since the most recent anniversary of the Cut-off Date up to such date of determination,
and (Z) from the second to, but not including, the fifth anniversary of the Cut-off Date, an
amount equal to (1) the lesser of (a) the Fraud Loss Amount as of the most recent
anniversary of the Cut-off Date and (b) 1.00% of the aggregate outstanding principal balance
of all of the Mortgage Loans as of the most recent anniversary of the Cut-off Date minus (2)
the aggregate amount of Fraud Losses allocated solely to one or more specific Classes of
Certificates in accordance with Section 4.05 since the most recent anniversary of the
Cut-off Date up to such date of determination. On and after the fifth anniversary of the
Cut-off Date, the Fraud Loss Amount shall be zero.
The Fraud Loss Amount may be further reduced by the Master Servicer (including
accelerating the manner in which such coverage is reduced) provided that prior to any such
reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency
that such reduction shall not reduce the rating assigned to any Class of Certificates by
such Rating Agency below the lower of the then-current rating or the rating assigned to such
Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Initial Monthly Payment Fund: $224,710 representing scheduled principal
amortization and interest at the Net Mortgage Rate payable during the February 2006 Due
Period, for those Mortgage Loans for which the Trustee will not be entitled to receive such
payment.
Initial Notional Amount: With respect to the Class A-9 Certificates, $42,974,000.
With respect to the Class A-V Certificates or Subclass thereof issued pursuant to Section
5.01(c) of the Standard Terms, the aggregate Cut-off Date Principal Balance of the Mortgage
Loans corresponding to the Uncertificated REMIC I Regular Interests Z represented by such
Class or Subclass on such date.
Initial Subordinate Class Percentage: With respect to each Class of Subordinate
Certificates, an amount which is equal to the initial aggregate Certificate Principal
Balance of such Class of Subordinate Certificates divided by the aggregate Stated Principal
Balance of all the Mortgage Loans as of the Cut-off Date as follows:
Class M-1: 3.25% Class B-1: 0.50%
Class M-2: 1.00% Class B-2: 0.40%
Class M-3: 0.75% Class B-3: 0.35%
Interest Accrual Period: With respect to any Class of Certificates (other than the
Adjustable Rate Certificates) and any Distribution Date, the calendar month preceding the
month in which such Distribution Date occurs. With respect to the Adjustable Rate
Certificates and any Distribution Date, the period beginning on the 25th day of the month
preceding the month in which such Distribution Date occurs and ending on the 24th day of the
month in which such Distribution Date occurs.
Interest Only Certificates: Any one of the Class A-9 Certificates or Class A-V
Certificates. The Interest Only Certificates will have no Certificate Principal Balance.
Inverse Floater Certificates: The Class A-6 Certificates and Class A-9 Certificates.
LIBOR: With respect to any Distribution Date, the arithmetic mean of the London
interbank offered rate quotations for one-month U.S. Dollar deposits, expressed on a per
annum basis, determined in accordance with Section 1.03.
Lockout Certificates: The Class A-7 Certificates.
Lockout Percentage: For any Distribution Date occurring prior to the Distribution
Date in February 2011, 0%. For any Distribution Date occurring thereafter, as follows: 30%
for any Distribution Date on or after February 2011 and prior to February 2012; 40% for any
Distribution Date on or after February 2012 and prior to February 2013; 60% for any
Distribution Date on or after February 2013 and prior to February 2014; 80% for any
Distribution Date on or after February 2014 and prior to February 2015; and 100% for any
Distribution Date thereafter.
Maturity Date: January 25, 2036, the Distribution Date immediately following the
latest scheduled maturity date of any Mortgage Loan.
Mortgage Loan Schedule: The list or lists of the Mortgage Loans attached hereto as
Exhibit One (as amended from time to time to reflect the addition of Qualified Substitute
Mortgage Loans), which list or lists shall set forth the following information as to each
Mortgage Loan:
(i) the Mortgage Loan identifying number ("RFC LOAN #");
(ii) the maturity of the Mortgage Note ("MATURITY DATE");
(iii) the Mortgage Rate ("ORIG RATE");
(iv) the Subservicer pass-through rate ("CURR NET");
(v) the Net Mortgage Rate ("NET MTG RT");
(vi) the Pool Strip Rate ("STRIP");
(vii) the initial scheduled monthly payment of principal, if any, and interest ("ORIGINAL P
& I");
(viii) the Cut-off Date Principal Balance ("PRINCIPAL BAL");
(ix) the Loan-to-Value Ratio at origination ("LTV");
(x) the rate at which the Subservicing Fee accrues ("SUBSERV FEE") and at which the
Servicing Fee accrues ("MSTR SERV FEE");
(xi) a code "T," "BT" or "CT" under the column "LN FEATURE," indicating that the Mortgage
Loan is secured by a second or vacation residence; and
(xii) a code "N" under the column "OCCP CODE," indicating that the Mortgage Loan is secured
by a non-owner occupied residence.
Such schedule may consist of multiple reports that collectively set forth all of the
information required.
Notional Amount: As of any Distribution Date, (i) with respect to the Class A-9
Certificates, an amount equal to the Certificate Principal Balance of the Class A-8
Certificates immediately prior to such date, provided, however, for federal income tax
purposes, as of any Distribution Date, with respect to the Class A-9 Certificates, the
equivalent of the foregoing, expressed as the Uncertificated Principal Balance of
Uncertificated REMIC I Regular Interest W immediately prior to that date; and (ii) with
respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c)
of the Standard Terms, the aggregate Stated Principal Balance of the Mortgage Loans
corresponding to the Uncertificated REMIC I Regular Interests Z represented by such Class or
Subclass immediately prior to such date.
Pass-Through Rate: With respect to the Senior Certificates (other than the
Adjustable Rate, Class A-V and Class A-P Certificates), Class M Certificates and Class B
Certificates and any Distribution Date, the per annum rates set forth in the Preliminary
Statement hereto.
o With respect to the Class A-5 and the initial Interest Accrual Period, 5.20375% per
annum, and as to any Interest Accrual Period thereafter, a per annum rate
equal to LIBOR plus 0.91%, subject to a maximum rate of 6.50% and a minimum
rate of 0.91% per annum.
o With respect to the Class A-6 Certificates and the initial Interest Accrual Period,
9.93792% per annum, and as to any Interest Accrual Period thereafter, a rate
equal to 42.85666667% minus (7.666667 multiplied by LIBOR), subject to a
maximum rate of 42.85666667% per annum and a minimum rate of 0.00% per annum.
o With respect to the Class A-8 Certificates and the initial Interest Accrual Period,
4.6437% per annum, and as to any Interest Accrual Period thereafter, a per
annum rate equal to LIBOR plus 0.35%, subject to a maximum rate of 7.50% per
annum and a minimum rate of 0.35% per annum.
o With respect to the Class A-9 Certificates and the initial Interest Accrual Period,
2.85625% per annum, and as to any Interest Accrual Period thereafter, a rate
equal to 7.15 minus LIBOR, subject to a maximum rate of 7.15% per annum and a
minimum rate of 0.00% per annum.
With respect to the Class A-V Certificates (other than any Subclass thereof) and any
Distribution Date, a rate equal to the weighted average, expressed as a percentage, of the
Pool Strip Rates of all Mortgage Loans as of the Due Date in the related Due Period,
weighted on the basis of the respective Stated Principal Balances of such Mortgage Loans as
of the day immediately preceding such Distribution Date (or, with respect to the initial
Distribution Date, at the close of business on the Cut-off Date). With respect to the Class
A-V Certificates and the initial Distribution Date the Pass-Through Rate is equal to 0.5042%
per annum. With respect to any Subclass of Class A-V Certificates and any Distribution
Date, a rate equal to the weighted average, expressed as a percentage, of the Pool Strip
Rates of all Mortgage Loans corresponding to the Uncertificated REMIC I Regular Interests Z
represented by such Subclass as of the Due Date in the related Due Period, weighted on the
basis of the respective Stated Principal Balances of such Mortgage Loans as of the day
immediately preceding such Distribution Date (or with respect to the initial Distribution
Date, at the close of business on the Cut-off Date). The Principal Only Certificates have
no Pass-Through Rate and are not entitled to Accrued Certificate Interest.
Prepayment Assumption: The prepayment assumption to be used for determining the
accrual of original issue discount and premium and market discount on the Certificates for
federal income tax purposes, which assumes a constant prepayment rate of 8.0% per annum of
the then outstanding principal balance of the related Mortgage Loans in the first month of
the life of such Mortgage Loans and an additional approximately 1.0909091% per annum in each
month thereafter until the twelfth month, and beginning in the twelfth month and in each
month thereafter during the life of the Mortgage Loans, a constant prepayment rate of 20.0%
per annum.
Prepayment Distribution Percentage: With respect to any Distribution Date and each
Class of Subordinate Certificates, under the applicable circumstances set forth below, the
respective percentages set forth below:
(i) For any Distribution Date prior to the Distribution Date in February 2011
(unless the Certificate Principal Balances of the Senior Certificates (other
than the Class A-P Certificates) have been reduced to zero), 0%.
(ii) For any Distribution Date not discussed in clause (i) above on which any Class
of Subordinate Certificates are outstanding:
(a) in the case of the Class of Subordinate Certificates then
outstanding with the Highest Priority and each other Class of Subordinate
Certificates for which the related Prepayment Distribution Trigger has been
satisfied, a fraction, expressed as a percentage, the numerator of which is
the Certificate Principal Balance of such Class immediately prior to such date
and the denominator of which is the sum of the Certificate Principal Balances
immediately prior to such date of (1) the Class of Subordinate Certificates
then outstanding with the Highest Priority and (2) all other Classes of
Subordinate Certificates for which the respective Prepayment Distribution
Triggers have been satisfied; and
(b) in the case of each other Class of Subordinate Certificates for
which the Prepayment Distribution Triggers have not been satisfied, 0%; and
Notwithstanding the foregoing, if the application of the foregoing percentages on any
Distribution Date as provided in Section 4.02 of this Series Supplement (determined without
regard to the proviso to the definition of "Subordinate Principal Distribution Amount")
would result in a distribution in respect of principal of any Class or Classes of
Subordinate Certificates in an amount greater than the remaining Certificate Principal
Balance thereof (any such class, a "Maturing Class"), then: (a) the Prepayment Distribution
Percentage of each Maturing Class shall be reduced to a level that, when applied as
described above, would exactly reduce the Certificate Principal Balance of such Class to
zero; (b) the Prepayment Distribution Percentage of each other Class of Subordinate
Certificates (any such Class, a "Non-Maturing Class") shall be recalculated in accordance
with the provisions in paragraph (ii) above, as if the Certificate Principal Balance of each
Maturing Class had been reduced to zero (such percentage as recalculated, the "Recalculated
Percentage"); (c) the total amount of the reductions in the Prepayment Distribution
Percentages of the Maturing Class or Classes pursuant to clause (a) of this sentence,
expressed as an aggregate percentage, shall be allocated among the Non-Maturing Classes in
proportion to their respective Recalculated Percentages (the portion of such aggregate
reduction so allocated to any Non-Maturing Class, the "Adjustment Percentage"); and (d) for
purposes of such Distribution Date, the Prepayment Distribution Percentage of each
Non-Maturing Class shall be equal to the sum of (1) the Prepayment Distribution Percentage
thereof, calculated in accordance with the provisions in paragraph (ii) above as if the
Certificate Principal Balance of each Maturing Class had not been reduced to zero, plus (2)
the related Adjustment Percentage.
Principal Only Certificates: Any one of the Class A-P Certificates.
Record Date: With respect to each Distribution Date and each Class of Certificates
(other than the Adjustable Rate Certificates for so long as the Adjustable Rate Certificates
are in book-entry form), the close of business on the last Business Day of the month
preceding the month in which the related Distribution Date occurs. With respect to each
Distribution Date and the Adjustable Rate Certificates (so long as they are Book-Entry
Certificates), the close of business on the Business Day prior to such Distribution Date.
Related Classes: As to any Uncertificated REMIC I Regular Interest, those classes
of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC
I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.
REMIC I: The segregated pool of assets with respect to which a REMIC election is to
be made, consisting of:
(i) the Mortgage Loans and the related Mortgage Files,
(ii) all payments and collections in respect of the Mortgage Loans due after
the Cut-off Date (other than Monthly Payments due in the month of the
Cut-off Date) as shall be on deposit in the Custodial Account or in the
Certificate Account and identified as belonging to the Trust Fund,
including the proceeds from the liquidation of Additional Collateral
for any Additional Collateral Loan, but not including amounts on
deposit in the Initial Monthly Payment Fund,
(iii) property which secured a Mortgage Loan and which has been acquired for
the benefit of the Certificateholders by foreclosure or deed in lieu of
foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if any,
the Pledged Assets with respect to each Pledged Asset Mortgage Loan,
and the interest in the Surety Bond transferred to the Trustee pursuant
to Section 2.01 herein, and
(v) all proceeds of clauses (i) through (iv) above.
REMIC I Certificates: The Class R-I Certificates.
REMIC II: The segregated pool of assets consisting of the Uncertificated REMIC I
Regular Interests conveyed in trust to the Trustee for the benefit of the holders of each
Class of Certificates (other than the Class R-I Certificates) pursuant to Section 2.06, with
respect to which a separate REMIC election is to be made.
Senior Certificate: Any one of the Class A Certificates or Class R Certificates,
executed by the Trustee and authenticated by the Certificate Registrar substantially in the
form annexed to the Standard Terms as Exhibit A and Exhibit D.
Senior Interest Distribution Amount: With respect to any Distribution Date, the
aggregate amount of Accrued Certificate Interest to be distributed to the Holders of the
Senior Certificates for that Distribution Date.
Senior Percentage: As of any Distribution Date, the lesser of 100% and a fraction,
expressed as a percentage, the numerator of which is the aggregate Certificate Principal
Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior
to such Distribution Date and the denominator of which is the aggregate Stated Principal
Balance of all of the Mortgage Loans (or related REO Properties) (other than the related
Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution
Date.
Senior Principal Distribution Amount: With respect to any Distribution Date, the
lesser of (a) the balance of the Available Distribution Amount remaining after the
distribution of all amounts required to be distributed therefrom pursuant to Section
4.02(a)(i) and Section 4.02(a)(ii)(X) (excluding any amount distributable pursuant to clause
(E) of the definition of "Class A-P Principal Distribution Amount") and (b) the sum of the
amounts required to be distributed to the Senior Certificateholders on such Distribution
Date pursuant to Sections 4.02(a)(ii)(Y), 4.02(a)(xvi) and 4.02(a)(xvii).
Senior Support Certificates: The Class A-2 Certificates.
Special Hazard Amount: As of any Distribution Date, an amount equal to $3,238,436
minus the sum of (i) the aggregate amount of Special Hazard Losses allocated solely to one
or more specific Classes of Certificates in accordance with Section 4.05 of this Series
Supplement and (ii) the Adjustment Amount (as defined below) as most recently calculated.
For each anniversary of the Cut-off Date, the Adjustment Amount shall be equal to the
amount, if any, by which the amount calculated in accordance with the preceding sentence
(without giving effect to the deduction of the Adjustment Amount for such anniversary)
exceeds the greater of (A) the greater of (i) the product of the Special Hazard Percentage
for such anniversary multiplied by the outstanding principal balance of all the Mortgage
Loans on the Distribution Date immediately preceding such anniversary and (ii) twice the
outstanding principal balance of the Mortgage Loan with the largest outstanding principal
balance as of the Distribution Date immediately preceding such anniversary and (B) the
greater of (i) the product of 0.50% multiplied by the outstanding principal balance of all
Mortgage Loans on the Distribution Date immediately preceding such anniversary multiplied by
a fraction, the numerator of which is equal to the aggregate outstanding principal balance
(as of the immediately preceding Distribution Date) of all of the Mortgage Loans secured by
Mortgaged Properties located in the State of California divided by the aggregate outstanding
principal balance (as of the immediately preceding Distribution Date) of all of the Mortgage
Loans, expressed as a percentage, and the denominator of which is equal to 31.92% (which
percentage is equal to the percentage of Mortgage Loans by aggregate principal balance
initially secured by Mortgaged Properties located in the State of California) and (ii) the
aggregate outstanding principal balance (as of the immediately preceding Distribution Date)
of the largest Mortgage Loan secured by a Mortgaged Property (or, with respect to a
Cooperative Loan, the related Cooperative Apartment) located in the State of California.
The Special Hazard Amount may be further reduced by the Master Servicer (including
accelerating the manner in which coverage is reduced) provided that prior to any such
reduction, the Master Servicer shall (i) obtain written confirmation from each Rating Agency
that such reduction shall not reduce the rating assigned to any Class of Certificates by
such Rating Agency below the lower of the then-current rating or the rating assigned to such
Certificates as of the Closing Date by such Rating Agency and (ii) provide a copy of such
written confirmation to the Trustee.
Special Hazard Percentage: As of each anniversary of the Cut-off Date, the greater
of (i) 1.0% and (ii) the largest percentage obtained by dividing the aggregate outstanding
principal balance (as of immediately preceding Distribution Date) of the Mortgage Loans
secured by Mortgaged Properties located in a single, five-digit zip code area in the State
of California by the outstanding principal balance of all the Mortgage Loans as of the
immediately preceding Distribution Date.
Subordinate Principal Distribution Amount: With respect to any Distribution Date and
each Class of Subordinate Certificates, (a) the sum of (i) the product of (x) the related
Subordinate Class Percentage for such Class and (y) the aggregate of the amounts calculated
(without giving effect to the related Senior Percentages) for such Distribution Date under
clauses (1), (2) and (3) of Section 4.02(a)(ii)(Y)(A); (ii) such Class's pro rata share,
based on the Certificate Principal Balance of each Class of Subordinate Certificates then
outstanding, of the principal collections described in Section 4.02(a)(ii)(Y)(B)(b) (without
giving effect to the Senior Accelerated Distribution Percentage) to the extent such
collections are not otherwise distributed to the Senior Certificates; (iii) the product of
(x) the related Prepayment Distribution Percentage and (y) the aggregate of all Principal
Prepayments in Full received in the related Prepayment Period and Curtailments received in
the preceding calendar month (other than the related Discount Fraction of such Principal
Prepayments in Full and Curtailments with respect to a Discount Mortgage Loan) to the extent
not payable to the Senior Certificates; (iv) if such Class is the Class of Subordinate
Certificates with the Highest Priority, any Excess Subordinate Principal Amount for such
Distribution Date not paid to the Senior Certificates; and (v) any amounts described in
clauses (i), (ii) and (iii) as determined for any previous Distribution Date, that remain
undistributed to the extent that such amounts are not attributable to Realized Losses which
have been allocated to a Class of Subordinate Certificates; minus (b) the sum of (i) with
respect to the Class of Subordinate Certificates with the Lowest Priority, any Excess
Subordinate Principal Amount for such Distribution Date; and (ii) the Capitalization
Reimbursement Amount for such Distribution Date, other than the related Discount Fraction of
any portion of that amount related to each Discount Mortgage Loan, multiplied by a fraction,
the numerator of which is the Subordinate Principal Distribution Amount for such Class of
Subordinate Certificates, without giving effect to this clause (b)(ii), and the denominator
of which is the sum of the principal distribution amounts for all Classes of Certificates
other than the Class A-P Certificates, without giving effect to any reductions for the
Capitalization Reimbursement Amount.
Super Senior Certificates: The Class A-3 Certificates.
Uncertificated Accrued Interest: With respect to each Distribution Date, (i) as to
each Uncertificated REMIC I Regular Interest other than each Uncertificated REMIC I Regular
Interest Z, an amount equal to the aggregate amount of Accrued Certificate Interest that
would result under the terms of the definition thereof on the Related Classes of
Certificates (excluding any Interest Only Certificates) if the Pass-Through Rate on such
Classes were equal to the Uncertificated Pass-Through Rate on such Uncertificated REMIC I
Regular Interest, (ii) as to each Uncertificated REMIC I Regular Interest Z and each
Uncertificated REMIC II Regular Interest Z, an amount equal to one month's interest at the
Pool Strip Rate of the related Mortgage Loan on the principal balance of such Mortgage Loan
reduced by such Interest's pro-rata share of any prepayment interest shortfalls or other
reductions of interest allocable to the Class A-V Certificates.
Uncertificated Pass-Through Rate: With respect to each of the Uncertificated REMIC
I Regular Interests, other than the Uncertificated REMIC I Regular Interests Z, the per
annum rate specified in the definition of Uncertificated REMIC I Regular Interests. With
respect to each Uncertificated REMIC I Regular Interest Z and each Uncertificated REMIC II
Regular Interest Z, the Pool Strip Rate for the related Mortgage Loan.
Uncertificated Principal Balance: With respect to each Uncertificated REMIC I
Regular Interest, as defined in the definition of Uncertificated REMIC I Regular Interests.
Uncertificated REMIC I Regular Interests: The Uncertificated REMIC I Regular
Interests Z together with the interests identified in the table below, each representing an
undivided beneficial ownership interest in REMIC I, and having the following characteristics:
1. The principal balance from time to time of each Uncertificated REMIC I
Regular Interest identified in the table below shall be the amount identified
as the Initial Principal Balance thereof in such table, minus the sum of (x)
the aggregate of all amounts previously deemed distributed with respect to
such interest and applied to reduce the Uncertificated Principal Balance
thereof pursuant to Section 10.04(a)(ii) and (y) the aggregate of all
reductions in Certificate Principal Balance deemed to have occurred in
connection with Realized Losses that were previously deemed allocated to the
Uncertificated Principal Balance of such Uncertificated REMIC I Regular
Interest pursuant to Section 10.04(d), which equals the aggregate principal
balance of the Classes of Certificates identified as related to such
Uncertificated REMIC I Regular Interest in such table.
2. The Uncertificated Pass-Through Rate for each Uncertificated REMIC I Regular
Interest identified in the table below shall be the per annum rate set forth
in the Pass-Through Rate column of such table.
3. The Uncertificated REMIC I Distribution Amount for each REMIC I Regular
Interest identified in the table below shall be, for any Distribution Date,
the amount deemed distributed with respect to such Uncertificated REMIC I
Regular Interest on such Distribution Date pursuant to the provisions of
Section 10.04(a).
-------------------------- --------------------------- --------------------- ------------------
Uncertificated REMIC I Related Classes of Pass-Through Rate Initial
Regular Interest Certificates Principal Balance
-------------------------- --------------------------- --------------------- ------------------
-------------------------- --------------------------- --------------------- ------------------
V Class X-0, Xxxxx X-0, 5.75% $257,844,000.00
Class A-3, Class A-4,
Class A-5, Class A-6 and
Class A-7
-------------------------- --------------------------- --------------------- ------------------
-------------------------- --------------------------- --------------------- ------------------
W Class A-8 and Class A-9 7.50% $42,974,000.00
-------------------------- --------------------------- --------------------- ------------------
-------------------------- --------------------------- --------------------- ------------------
X Class A-P 0.00% $2,784,564.75
-------------------------- --------------------------- --------------------- ------------------
-------------------------- --------------------------- --------------------- ------------------
Y Class R-II, Class M-1, 6.00% $20,240,918.88
Class M-2, Class M-3,
Class B-1, Class B-2,
Class B-3
-------------------------- --------------------------- --------------------- ------------------
Uncertificated REMIC I Regular Interests Z: Each of the 1,399 uncertificated
partial undivided beneficial ownership interests in the Trust Fund, numbered sequentially
from 1 to 1,399, each relating to the particular Mortgage Loan identified by such sequential
number on the Mortgage Loan Schedule, each having no principal balance, and each bearing
interest at the respective Pool Strip Rate on the Stated Principal Balance of the related
Mortgage Loan.
Uncertificated REMIC I Regular Interests Z Distribution Amount: With respect to any
Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated
REMIC I Regular Interests Z for such Distribution Date pursuant to Section 10.04(a).
Uncertificated REMIC I Regular Interest Distribution Amounts: With respect to each
Uncertificated REMIC I Regular Interest, other than the Uncertificated REMIC I Regular
Interests Z, the amount specified as the Uncertificated REMIC I Regular Interest
Distribution Amount with respect thereto in the definition of Uncertificated REMIC I Regular
Interests. With respect to the Uncertificated REMIC I Regular Interests Z, the
Uncertificated REMIC I Regular Interests Z Distribution Amount.
Uncertificated REMIC II Regular Interests Z: Each of the 1,399 uncertificated
partial undivided beneficial ownership interests in REMIC II numbered sequentially from 1
through 1,399, each relating to the identically numbered Uncertificated REMIC I Regular
Interests Z, each having no principal balance and bearing interest at a rate equal to the
related Pool Strip Rate on the Stated Principal Balance of the Mortgage Loan related to the
identically numbered Uncertificated REMIC I Regular Interests Z, comprising such
Uncertificated REMIC II Regular Interests Z's pro rata share of the amount distributed
pursuant to Section 10.04(a).
Uncertificated REMIC II Regular Interests Distribution Amount: With respect to any
Distribution Date, the sum of the amounts deemed to be distributed on the Uncertificated
REMIC I Regular Interests Z for such Distribution Date pursuant to Section 10.04(a).
Underwriters: Bear, Xxxxxxx & Co., Inc. and X.X. Xxxxxx Securities, Inc..
Section 1.02 Use of Words and Phrases.
"Herein," "hereby," "hereunder," "hereof," "hereinbefore," "hereinafter" and other
equivalent words refer to the Pooling and Servicing Agreement as a whole. All references
herein to Articles, Sections or Subsections shall mean the corresponding Articles, Sections
and Subsections in the Pooling and Servicing Agreement. The definitions set forth herein
include both the singular and the plural.
Section 1.03. Determination of LIBOR.
LIBOR applicable to the calculation of the Pass-Through Rates on the Adjustable Rate
Certificates for any Interest Accrual Period (other than the initial Interest Accrual
Period) will be determined as described below:
On each Distribution Date, LIBOR shall be established by the Trustee and, as to any
Interest Accrual Period, will equal the rate for one month United States dollar deposits
that appears on the Telerate Screen Page 3750 of the Moneyline Telerate Capital Markets
Report as of 11:00 a.m., London time, on the second LIBOR Business Day prior to the first
day of such Interest Accrual Period ("LIBOR Rate Adjustment Date"). "Telerate Screen Page
3750" means the display designated as page 3750 on the Telerate Service (or such other page
as may replace page 3750 on that service for the purpose of displaying London interbank
offered rates of major banks). If such rate does not appear on such page (or such other page
as may replace that page on that service, or if such service is no longer offered, any other
service for displaying LIBOR or comparable rates as may be selected by the Trustee after
consultation with the Master Servicer), the rate will be the Reference Bank Rate. The
"Reference Bank Rate" will be determined on the basis of the rates at which deposits in U.S.
Dollars are offered by the reference banks (which shall be any three major banks that are
engaged in transactions in the London interbank market, selected by the Trustee after
consultation with the Master Servicer) as of 11:00 a.m., London time, on the day that is one
LIBOR Business Day prior to the immediately preceding Distribution Date to prime banks in
the London interbank market for a period of one month in amounts approximately equal to the
aggregate Certificate Principal Balance of the Adjustable Rate Certificates then
outstanding. The Trustee will request the principal London office of each of the reference
banks to provide a quotation of its rate. If at least two such quotations are provided, the
rate will be the arithmetic mean of the quotations rounded up to the next multiple of 1/16%.
If on such date fewer than two quotations are provided as requested, the rate will be the
arithmetic mean of the rates quoted by one or more major banks in New York City, selected by
the Trustee after consultation with the Master Servicer, as of 11:00 a.m., New York City
time, on such date for loans in U.S. Dollars to leading European banks for a period of one
month in amounts approximately equal to the aggregate Certificate Principal Balance of the
Adjustable Rate Certificates then outstanding. If no such quotations can be obtained, the
rate will be LIBOR for the prior Distribution Date, or, in the case of the first LIBOR Rate
Adjustment Date, 4.31% per annum; provided, however, if, under the priorities described
above, LIBOR for a Distribution Date would be based on LIBOR for the previous Distribution
Date for the third consecutive Distribution Date, the Trustee shall, after consultation with
the Master Servicer, select an alternative comparable index (over which the Trustee has no
control), used for determining one-month Eurodollar lending rates that is calculated and
published (or otherwise made available) by an independent party. "LIBOR Business Day" means
any day other than (i) a Saturday or a Sunday or (ii) a day on which banking institutions in
the city of London, England are required or authorized by law to be closed.
The establishment of LIBOR by the Trustee on any LIBOR Rate Adjustment Date and the
Master Servicer's subsequent calculation of the Pass-Through Rates applicable to each of the
Adjustable Rate Certificates for the relevant Interest Accrual Period, in the absence of
manifest error, will be final and binding.
Promptly following each LIBOR Rate Adjustment Date the Trustee shall supply the
Master Servicer with the results of its determination of LIBOR on such date. Furthermore,
the Trustee will supply the Pass-Through Rates on each of the Adjustable Rate Certificates
for the current and the immediately preceding Interest Accrual Period via the Trustee's
internet website, which may be obtained by telephoning the Trustee at (000) 000-0000.
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans. (See Section 2.01 of the Standard
Terms).
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard Terms)
Section 2.03 Representations, Warranties and Covenants
of the Master Servicer and the Company.
(a) For representations, warranties and covenants of the Master Servicer, see
Section 2.03(a) of the Standard Terms.
(b) The Company hereby represents and warrants to the Trustee for the benefit of
Certificateholders that as of the Closing Date (or, if otherwise specified below, as of the
date so specified):
(i) No Mortgage Loan is 30 or more days Delinquent in payment of principal and interest
as of the Cut-off Date and no Mortgage Loan has been so Delinquent more than once in
the 12-month period prior to the Cut-off Date;
(ii) The information set forth in Exhibit One hereto with respect to each Mortgage Loan or
the Mortgage Loans, as the case may be, is true and correct in all material respects
at the date or dates respecting which such information is furnished;
(iii) The Mortgage Loans are fully-amortizing (subject to interest only periods, if
applicable), fixed-rate mortgage loans with level Monthly Payments due, with respect
to a majority of the Mortgage Loans, on the first day of each month and terms to
maturity at origination or modification of not more than 30 years;
(iv) To the best of the Company's knowledge, except in the case of approximately 0.6% of
the aggregate principal balance of the Mortgage Loans, if a Mortgage Loan is secured
by a Mortgaged Property with a Loan-to-Value Ratio at origination in excess of 80%,
such Mortgage Loan is the subject of a Primary Insurance Policy that insures (a) at
least 35% of the Stated Principal Balance of the Mortgage Loan at origination if the
Loan-to-Value Ratio is between 100.00% and 95.01%, (b) at least 30% of the Stated
Principal Balance of the Mortgage Loan at origination if the Loan-to-Value Ratio is
between 95.00% and 90.01%, (c) at least 25% of such balance if the Loan-to-Value
Ratio is between 90.00% and 85.01% and (d) at least 12% of such balance if the
Loan-to-Value Ratio is between 85.00% and 80.01%. To the best of the Company's
knowledge, each such Primary Insurance Policy is in full force and effect and the
Trustee is entitled to the benefits thereunder;
(v) The issuers of the Primary Insurance Policies are insurance companies whose
claims-paying abilities are currently acceptable to each Rating Agency;
(vi) No more than 0.6% of the Mortgage Loans by aggregate Stated Principal Balance as of
the Cut-off Date are secured by Mortgaged Properties located in any one zip code area
in California and no more than 0.5% of the Mortgage Loans by aggregate Stated
Principal Balance as of the Cut-off Date are secured by Mortgaged Properties located
in any one zip code area outside California;
(vii) The improvements upon the Mortgaged Properties are insured against loss by fire and
other hazards as required by the Program Guide, including flood insurance if required
under the National Flood Insurance Act of 1968, as amended. The Mortgage requires
the Mortgagor to maintain such casualty insurance at the Mortgagor's expense, and on
the Mortgagor's failure to do so, authorizes the holder of the Mortgage to obtain and
maintain such insurance at the Mortgagor's expense and to seek reimbursement therefor
from the Mortgagor;
(viii) Immediately prior to the assignment of the Mortgage Loans to the Trustee, the Company
had good title to, and was the sole owner of, each Mortgage Loan free and clear of
any pledge, lien, encumbrance or security interest (other than rights to servicing
and related compensation) and such assignment validly transfers ownership of the
Mortgage Loans to the Trustee free and clear of any pledge, lien, encumbrance or
security interest;
(ix) Approximately 44.2% of the Mortgage Loans by aggregate Stated Principal Balance as of
the Cut-off Date were underwritten under a reduced loan documentation program,
approximately 11.3% of the Mortgage Loans by aggregate Stated Principal Balance as of
the Cut-off Date were underwritten under a no-stated income program, and
approximately 18.5% of the Mortgage Loans by aggregate Stated Principal Balance as of
the Cut-off Date were underwritten under a no income/no asset program;
(x) Except with respect to approximately 20.1% of the Mortgage Loans by aggregate Stated
Principal Balance as of the Cut-off Date, the Mortgagor represented in its loan
application with respect to the related Mortgage Loan that the Mortgaged Property
would be owner-occupied;
(xi) None of the Mortgage Loans is a Buy-Down Mortgage Loan;
(xii) Each Mortgage Loan constitutes a qualified mortgage under Section 860G(a)(3)(A) of
the Code and Treasury Regulations Section 1.860G-2(a)(1), (2), (4), (5) and (6),
without reliance on the provisions of Treasury Regulation Section 1.860G-2(a)(3) or
Treasury Regulation Section 1.860G-2(f)(2) or any other provision that would allow a
Mortgage Loan to be treated as a "qualified mortgage" notwithstanding its failure to
meet the requirements of Section 860G(a)(3)(A) of the Code and Treasury Regulation
Section 1.860G-2(a)(1), (2), (4), (5) and (6);
(xiii) A policy of title insurance was effective as of the closing of each Mortgage Loan and
is valid and binding and remains in full force and effect, unless the Mortgaged
Properties are located in the State of Iowa and an attorney's certificate has been
provided as described in the Program Guide;
(xiv) No more than 0.2% of the Mortgage Loans by aggregate Stated Principal Balance as of
the Cut-off Date are Cooperative Loans;
(xv) With respect to each Mortgage Loan originated under a "streamlined" Mortgage Loan
program (through which no new or updated appraisals of Mortgaged Properties are
obtained in connection with the refinancing thereof), the related Seller has
represented that either (a) the value of the related Mortgaged Property as of the
date the Mortgage Loan was originated was not less than the appraised value of such
property at the time of origination of the refinanced Mortgage Loan or (b) the
Loan-to-Value Ratio of the Mortgage Loan as of the date of origination of the
Mortgage Loan generally meets the Company's underwriting guidelines;
(xvi) Interest on each Mortgage Loan is calculated on the basis of a 360-day year
consisting of twelve 30-day months;
(xvii) None of the Mortgage Loans contain in the related Mortgage File a Destroyed Mortgage
Note;
(xviii) None of the Mortgage Loans has been made to an International Borrower, and no such
Mortgagor is a member of a foreign diplomatic mission with diplomatic rank;
(xix) No Mortgage Loan provides for payments that are subject to reduction by withholding
taxes levied by any foreign (non-United States) sovereign government; and
(xx) None of the Mortgage Loans is an Additional Collateral Loan and none of the Mortgage
Loans is a Pledged Asset Loan.
It is understood and agreed that the representations and warranties set forth in this
Section 2.03(b) shall survive delivery of the respective Mortgage Files to the Trustee or
any Custodian.
Upon discovery by any of the Company, the Master Servicer, the Trustee or any
Custodian of a breach of any of the representations and warranties set forth in this Section
2.03(b) that materially and adversely affects the interests of the Certificateholders in any
Mortgage Loan, the party discovering such breach shall give prompt written notice to the
other parties (any Custodian being so obligated under a Custodial Agreement); provided,
however, that in the event of a breach of the representation and warranty set forth in
Section 2.03(b)(xii), the party discovering such breach shall give such notice within five
days of discovery. Within 90 days of its discovery or its receipt of notice of breach, the
Company shall either (i) cure such breach in all material respects or (ii) purchase such
Mortgage Loan from the Trust Fund at the Purchase Price and in the manner set forth in
Section 2.02; provided that the Company shall have the option to substitute a Qualified
Substitute Mortgage Loan or Loans for such Mortgage Loan if such substitution occurs within
two years following the Closing Date; provided that if the omission or defect would cause
the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3)
of the Code, any such cure or repurchase must occur within 90 days from the date such breach
was discovered. Any such substitution shall be effected by the Company under the same terms
and conditions as provided in Section 2.04 for substitutions by Residential Funding. It is
understood and agreed that the obligation of the Company to cure such breach or to so
purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is
continuing shall constitute the sole remedy respecting such breach available to the
Certificateholders or the Trustee on behalf of the Certificateholders.
Section 2.04 Representations and Warranties of Sellers. (See Section 2.04 of the
Standard Terms)
Section 2.05 Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I Certificates.
The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery
of the Mortgage Files to it, or any Custodian on its behalf, subject to any exceptions
noted, together with the assignment to it of all other assets included in the Trust Fund
and/or the applicable REMIC, receipt of which is hereby acknowledged. Concurrently with
such delivery and in exchange therefor, the Trustee, pursuant to the written request of the
Company executed by an officer of the Company, has executed and caused to be authenticated
and delivered to or upon the order of the Company the Class R-I Certificates in authorized
denominations which together with the Uncertificated REMIC I Regular Interests, evidence the
beneficial interest in REMIC I.
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee.
The Company, as of the Closing Date, and concurrently with the execution and delivery
hereof, does hereby assign without recourse all the right, title and interest of the Company
in and to the Uncertificated REMIC I Regular Interests to the Trustee for the benefit of the
Holders of each Class of Certificates (other than the Class R-I Certificates). The Trustee
acknowledges receipt of the Uncertificated REMIC I Regular Interests and declares that it
holds and will hold the same in trust for the exclusive use and benefit of all present and
future Holders of each Class of Certificates (other than the Class R-I Certificates). The
rights of the Holders of each Class of Certificates (other than the Class R-I Certificates)
to receive distributions from the proceeds of REMIC II in respect of such Classes, and all
ownership interests of the Holders of such Classes in such distributions, shall be as set
forth in this Agreement.
Section 2.07 Issuance of Certificates Evidencing Interest in REMIC II.
The Trustee acknowledges the assignment to it of the Uncertificated REMIC I Regular
Interests and, concurrently therewith and in exchange therefor, pursuant to the written
request of the Company executed by an officer of the Company, the Trustee has executed and
caused to be authenticated and delivered to or upon the order of the Company, all Classes of
Certificates (other than the Class R-I Certificates) in authorized denominations, which
evidence the ownership in the entire REMIC II.
Section 2.08 Purposes and Powers of the Trust. (See Section 2.08 of the Standard
Terms).
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
(SEE ARTICLE III OF THE STANDARD TERMS)
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account. (See Section 4.01 of the Standard Terms)
Section 4.02 Distributions.
(a) On each Distribution Date the Master Servicer on behalf of the Trustee (or the
Paying Agent appointed by the Trustee) shall distribute to the Master Servicer, in the case
of a distribution pursuant to Section 4.02(a)(iii) below, and to each Certificateholder of
record on the next preceding Record Date (other than as provided in Section 9.01 of the
Standard Terms respecting the final distribution) either in immediately available funds (by
wire transfer or otherwise) to the account of such Certificateholder at a bank or other
entity having appropriate facilities therefor, if such Certificateholder has so notified the
Master Servicer or the Paying Agent, as the case may be, or, if such Certificateholder has
not so notified the Master Servicer or the Paying Agent by the Record Date, by check mailed
to such Certificateholder at the address of such Holder appearing in the Certificate
Register such Certificateholder's share (which share (A) with respect to each Class of
Certificates (other than any Subclass of the Class A-V Certificates), shall be based on the
aggregate of the Percentage Interests represented by Certificates of the applicable Class
held by such Holder or (B) with respect to any Subclass of the Class A-V Certificates, shall
be equal to the amount (if any) distributed pursuant to Section 4.02(a)(i) below to each
Holder of a Subclass thereof) of the following amounts, in the following order of priority
(subject to the provisions of Section 4.02(b), (c) and (e) below), in each case to the
extent of the Available Distribution Amount:
(i) to the Senior Certificates (other than the Class A-P
Certificates), on a pro rata basis based on Accrued Certificate Interest payable on
such Certificates with respect to such Distribution Date, Accrued Certificate
Interest on such Classes of Certificates (or Subclasses, if any, with respect to the
Class A-V Certificates) for such Distribution Date, plus any Accrued Certificate
Interest thereon remaining unpaid from any previous Distribution Date except as
provided in the last paragraph of this Section 4.02(a); and
(ii) (X) to the Class A-P Certificates, the Class A-P Principal
Distribution Amount (applied to reduce the Certificate Principal Balance of such
Senior Certificates); and
(Y) to the Senior Certificates (other than the Class A-P, Class A-9
and Class A-V Certificates), in the priorities and amounts set forth in Section
4.02(b) and (c), the sum of the following (applied to reduce the Certificate
Principal Balances of such Senior Certificates, as applicable):
(A) the Senior Percentage for such Distribution Date times the sum of the following:
(1) the principal portion of each Monthly Payment due during the related Due Period on
each Outstanding Mortgage Loan (other than the related Discount
Fraction of the principal portion of such payment with respect to a
Discount Mortgage Loan), whether or not received on or prior to the
related Determination Date, minus the principal portion of any Debt
Service Reduction (other than the related Discount Fraction of the
principal portion of such Debt Service Reductions with respect to each
Discount Mortgage Loan) which together with other Bankruptcy Losses
exceeds the Bankruptcy Amount;
(2) the Stated Principal Balance of any Mortgage Loan repurchased during the preceding
calendar month (or deemed to have been so repurchased in accordance
with Section 3.07(b) of the Standard Terms) pursuant to Section 2.02,
2.03, 2.04 or 4.07 and the amount of any shortfall deposited in the
Custodial Account in connection with the substitution of a Deleted
Mortgage Loan pursuant to Section 2.03 or 2.04 during the preceding
calendar month (other than the related Discount Fraction of such Stated
Principal Balance or shortfall with respect to each Discount Mortgage
Loan); and
(3) the principal portion of all other unscheduled collections (other than Principal
Prepayments in Full and Curtailments and amounts received in connection
with a Cash Liquidation or REO Disposition of a Mortgage Loan described
in Section 4.02(a)(ii)(Y)(B) of this Series Supplement, including
without limitation Insurance Proceeds, Liquidation Proceeds and REO
Proceeds), including Subsequent Recoveries, received during the
preceding calendar month (or deemed to have been so received in
accordance with Section 3.07(b) of the Standard Terms) to the extent
applied by the Master Servicer as recoveries of principal of the
related Mortgage Loan pursuant to Section 3.14 of the Standard Terms
(other than the related Discount Fraction of the principal portion of
such unscheduled collections, with respect to each Discount Mortgage
Loan);
(B) with respect to each Mortgage Loan for which a Cash Liquidation or a REO Disposition
occurred during the preceding calendar month (or was deemed to have occurred
during such period in accordance with Section 3.07(b) of the Standard Terms)
and did not result in any Excess Special Hazard Losses, Excess Fraud Losses,
Excess Bankruptcy Losses or Extraordinary Losses, an amount equal to the
lesser of (a) the Senior Percentage for such Distribution Date times the
Stated Principal Balance of such Mortgage Loan (other than the related
Discount Fraction of such Stated Principal Balance, with respect to each
Discount Mortgage Loan) and (b) the Senior Accelerated Distribution Percentage
for such Distribution Date times the related unscheduled collections
(including without limitation Insurance Proceeds, Liquidation Proceeds and REO
Proceeds) to the extent applied by the Master Servicer as recoveries of
principal of the related Mortgage Loan pursuant to Section 3.14 of the
Standard Terms (in each case other than the portion of such unscheduled
collections, with respect to a Discount Mortgage Loan, included in clause (C)
of the definition of Class A-P Principal Distribution Amount);
(C) the Senior Accelerated Distribution Percentage for such Distribution Date times the
aggregate of all Principal Prepayments in Full received in the related
Prepayment Period and Curtailments received in the preceding calendar month
(other than the related Discount Fraction of such Principal Prepayments in
Full and Curtailments, with respect to each Discount Mortgage Loan);
(D) any Excess Subordinate Principal Amount for such Distribution Date; and
(E) any amounts described in subsection (ii)(Y), clauses (A), (B) and (C) of this Section
4.02(a), as determined for any previous Distribution Date, which remain unpaid
after application of amounts previously distributed pursuant to this clause
(E) to the extent that such amounts are not attributable to Realized Losses
which have been allocated to the Subordinate Certificates; minus
(F) the Capitalization Reimbursement Amount for such Distribution Date, other than the
related Discount Fraction of any portion of that amount related to each
Discount Mortgage Loan, multiplied by a fraction, the numerator of which is
the Senior Principal Distribution Amount, without giving effect to this clause
(F), and the denominator of which is the sum of the principal distribution
amounts for all Classes of Certificates other than the Class A-P Certificates,
without giving effect to any reductions for the Capitalization Reimbursement
Amount;
(iii) if the Certificate Principal Balances of the Subordinate Certificates
have not been reduced to zero, to the Master Servicer or a Sub-Servicer, by remitting
for deposit to the Custodial Account, to the extent of and in reimbursement for any
Advances or Sub-Servicer Advances previously made with respect to any Mortgage Loan
or REO Property which remain unreimbursed in whole or in part following the Cash
Liquidation or REO Disposition of such Mortgage Loan or REO Property, minus any such
Advances that were made with respect to delinquencies that ultimately constituted
Excess Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or
Extraordinary Losses;
(iv) to the Holders of the Class M-1 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date, except as provided
below;
(v) to the Holders of the Class M-1 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date, minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates, to
the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(vii),
(ix), (xi), (xiii), (xiv) and (xv) of this Series Supplement are insufficient
therefor, applied in reduction of the Certificate Principal Balance of the Class M-1
Certificates;
(vi) to the Holders of the Class M-2 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date, except as provided
below;
(vii) to the Holders of the Class M-2 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date, minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates, to
the extent the amounts available pursuant to clause (x) of Sections 4.02(a) (ix),
(xi), (xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class M-2 Certificates;
(viii) to the Holders of the Class M-3 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date, except as provided
below;
(ix) to the Holders of the Class M-3 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates, to
the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xi),
(xiii), (xiv) and (xv) are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class M-3 Certificates;
(x) to the Holders of the Class B-1 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date, except as provided
below;
(xi) to the Holders of the Class B-1 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates, to
the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xiii),
(xiv) and (xv) are insufficient therefor, applied in reduction of the Certificate
Principal Balance of the Class B-1 Certificates;
(xii) to the Holders of the Class B-2 Certificates, the Accrued Certificate
Interest thereon for such Distribution Date, plus any Accrued Certificate Interest
thereon remaining unpaid from any previous Distribution Date, except as provided
below;
(xiii) to the Holders of the Class B-2 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates, to
the extent the amounts available pursuant to clause (x) of Sections 4.02(a)(xiv) and
(xv) are insufficient therefor, applied in reduction of the Certificate Principal
Balance of the Class B-2 Certificates;
(xiv) to the Holders of the Class B-3 Certificates, an amount equal to (x)
the Accrued Certificate Interest thereon for such Distribution Date, plus any Accrued
Certificate Interest thereon remaining unpaid from any previous Distribution Date,
except as provided below, minus (y) the amount of any Class A-P Collection Shortfalls
for such Distribution Date or remaining unpaid for all previous Distribution Dates,
to the extent the amounts available pursuant to clause (x) of Section 4.02(a)(xv) are
insufficient therefor;
(xv) to the Holders of the Class B-3 Certificates, an amount equal to (x)
the Subordinate Principal Distribution Amount for such Class of Certificates for such
Distribution Date minus (y) the amount of any Class A-P Collection Shortfalls for
such Distribution Date or remaining unpaid for all previous Distribution Dates
applied in reduction of the Certificate Principal Balance of the Class B-3
Certificates;
(xvi) to the Senior Certificates, on a pro rata basis in accordance with
their respective outstanding Certificate Principal Balances, the portion, if any, of
the Available Distribution Amount remaining after the foregoing distributions applied
to reduce the Certificate Principal Balances of such Senior Certificates, but in no
event more than the aggregate of the outstanding Certificate Principal Balances of
each such Class of Senior Certificates, and thereafter, to each Class of Subordinate
Certificates then outstanding beginning with such Class with the Highest Priority,
any portion of the Available Distribution Amount remaining after the Senior
Certificates have been retired, applied to reduce the Certificate Principal Balance
of each such Class of Subordinate Certificates, but in no event more than the
outstanding Certificate Principal Balance of each such Class of Subordinate
Certificates; and
(xvii) to the Class R-II Certificates, the balance, if any, of the Available
Distribution Amount.
Notwithstanding the foregoing, on any Distribution Date, with respect to the Class of
Subordinate Certificates outstanding on such Distribution Date with the Lowest Priority, or
in the event the Subordinate Certificates are no longer outstanding, the Senior
Certificates, Accrued Certificate Interest thereon remaining unpaid from any previous
Distribution Date will be distributable only to the extent that (1) a shortfall in the
amounts available to pay Accrued Certificate Interest on any Class of Certificates results
from an interest rate reduction in connection with a Servicing Modification, or (2) such
unpaid Accrued Certificate Interest was attributable to interest shortfalls relating to the
failure of the Master Servicer to make any required Advance, or the determination by the
Master Servicer that any proposed Advance would be a Nonrecoverable Advance with respect to
the related Mortgage Loan where such Mortgage Loan has not yet been the subject of a Cash
Liquidation or REO Disposition or the related Liquidation Proceeds, Insurance Proceeds and
REO Proceeds have not yet been distributed to the Certificateholders.
(b) Distributions of principal on the Senior Certificates on each Distribution
Date will be made as follows:
(i) the Class A-P Principal Distribution Amount shall be distributed to the Class
A-P Certificates, until the Certificate Principal Balance thereof has been reduced to
zero;
(ii) the Senior Principal Distribution Amount shall be distributed:
(A) first, to the Class R-I Certificates and Class R-II Certificates, on a
pro rata basis in accordance with their respective Certificate Principal Balances,
until the Certificate Principal Balances thereof have been reduced to zero;
(B) second, the balance of the Senior Principal Distribution Amount
remaining after the distributions, if any, described in clause (b)(ii)(A) above
shall be distributed concurrently as follows:
(a) 85.7142857143% of any remaining amount in the following manner and
priority:
(1) first, to the Lockout Certificates, until the Certificate
Principal Balance of the Lockout Certificates has been reduced to zero,
an amount equal to the Lockout Percentage of the Lockout Certificates'
pro rata share (based on the Certificate Principal Balance thereof
relative to the aggregate Certificate Principal Balance of all classes
of Certificates (other than the Class A-P Certificates)) of the
aggregate of the collections described in clauses (A), (B), (C), (D)
and (E) (net of amounts set forth in clause (F)) of Section
4.02(a)(ii)(Y), without application of the Senior Percentage and the
Senior Accelerated Distribution Percentage; provided, however, that if
the aggregate of the amounts set forth in clauses (A), (B), (C), (D)
and (E) (net of amounts set forth in clause (F)) of Section
4.02(a)(ii)(Y) is more than the balance of the Available Distribution
Amount remaining after the amount payable pursuant to Section
4.02(a)(i) and the Class A-P Principal Distribution Amount have been
distributed, the amount paid to the Lockout Certificates pursuant to
this Section 4.02(b)(ii)(B)(a)(1) shall be reduced by an amount equal
to the Lockout Certificates' pro rata share (based on the Certificate
Principal Balance of the Lockout Certificates relative to the aggregate
Certificate Principal Balance of the Senior Certificates (other than
the Class A-P Certificates)) of such difference;
(2) second, any remaining amount to the Class A-2, Class A-3 and
Class A-4 Certificates, until the Certificate Principal Balances
thereof have been reduced to the Aggregate Planned Principal Balance
for that distribution date, in the following manner and priority:
a. first, to the Class A-2 Certificates and Class A-3
Certificates, on a pro rata basis in accordance with their
respective Certificate Principal Balances, until the
Certificate Principal Balances thereof have been reduced to
zero; and
b. second, to the Class A-4 Certificates, until the
Certificate principal Balance thereof has been reduced to zero;
(3) third, any remaining amount to the Class A-5 Certificates and
Class A-6 Certificates, on a pro rata basis in accordance with their
respective Certificate Principal Balances, until the Certificate
Principal Balances thereof have been reduced to zero;
(4) fourth, any remaining amount to the Class A-2, Class A-3 and
Class A-4 Certificates without regard to the Aggregate Planned
Principal Balance for that distribution date, in the following manner
and priority:
a. first, to the class A-2 Certificates and Class A-3
Certificates, on a pro rata basis in accordance with their
respective Certificate Principal Balances, until the
Certificate Principal Balances thereof have been reduced to
zero; and
b. second, to the Class A-4 Certificates, until the Certificate
Principal Balance thereof has been reduced to zero;
(5) fifth, any remaining amount to the Class A-1 Certificates,
until the Certificate Principal Balance thereof has been reduced to
zero; and
(6) sixth, any remaining amount to the Lockout Certificates, until
the Certificate Principal Balance thereof has been reduced to zero; and
(b) 14.0000000000% of any remaining amount to the Class A-8 Certificates until the
Certificate Principal Balance thereof has been reduced to zero.
(c) Notwithstanding Section 4.02(b), on or after the Credit Support Depletion
Date, an amount equal to the Class A-P Principal Distribution Amount will be distributed to
the Class A-P Certificates and then the Senior Principal Distribution Amount will be
distributed to the remaining Senior Certificates (other than the Class A-P Certificates and
the Class A-V Certificates) pro rata in accordance with their respective outstanding
Certificate Principal Balances.
(d) After the reduction of the Certificate Principal Balances of the Senior
Certificates (other than the Class A-P Certificates) to zero but prior to the Credit Support
Depletion Date, the Senior Certificates (other than the Class A-P Certificates) will be
entitled to no further distributions of principal thereon and the Available Distribution
Amount will be distributed solely to the holders of the Class A-P, Class A-V and Subordinate
Certificates, in each case as described herein.
(e) In addition to the foregoing distributions, with respect to any Subsequent
Recoveries, the Master Servicer shall deposit such funds into the Custodial Account pursuant
to Section 3.07(b)(iii) of the Standard Terms. If, after taking into account such
Subsequent Recoveries, the amount of a Realized Loss is reduced, the amount of such
Subsequent Recoveries will be applied to increase the Certificate Principal Balance of the
Class of Subordinate Certificates with a Certificate Principal Balance greater than zero
with the highest payment priority to which Realized Losses, other than Excess Bankruptcy
Losses, Excess Fraud Losses, Excess Special Hazard Losses and Extraordinary Losses, have
been allocated, but not by more than the amount of Realized Losses previously allocated to
that Class of Certificates pursuant to Section 4.05. The amount of any remaining Subsequent
Recoveries will be applied to increase from zero the Certificate Principal Balance of the
Class of Certificates with the next lower payment priority, up to the amount of Realized
Losses previously allocated to that Class of Certificates pursuant to Section 4.05. Any
remaining Subsequent Recoveries will in turn be applied to increase from zero the
Certificate Principal Balance of the Class of Certificates with the next lower payment
priority up to the amount of Realized Losses previously allocated to that Class of
Certificates pursuant to Section 4.05, and so on. Holders of such Certificates will not be
entitled to any payment in respect of Accrued Certificate Interest on the amount of such
increases for any Interest Accrual Period preceding the Interest Accrual Period that relates
to the Distribution Date on which such increase occurs. Any such increases shall be applied
to the Certificate Principal Balance of each Certificate of such Class in accordance with
its respective Percentage Interest.
(f) Each distribution with respect to a Book-Entry Certificate shall be paid to
the Depository, as Holder thereof, and the Depository shall be solely responsible for
crediting the amount of such distribution to the accounts of its Depository Participants in
accordance with its normal procedures. Each Depository Participant shall be responsible for
disbursing such distribution to the Certificate Owners that it represents and to each
indirect participating brokerage firm (a "brokerage firm") for which it acts as agent. Each
brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it
represents. None of the Trustee, the Certificate Registrar, the Company or the Master
Servicer shall have any responsibility therefor.
(g) Except as otherwise provided in Section 9.01 of the Standard Terms, if the
Master Servicer anticipates that a final distribution with respect to any Class of
Certificates will be made on the next Distribution Date, the Master Servicer shall, no later
than the Determination Date in the month of such final distribution, notify the Trustee and
the Trustee shall, no later than two (2) Business Days after such Determination Date, mail
on such date to each Holder of such Class of Certificates a notice to the effect that: (i)
the Trustee anticipates that the final distribution with respect to such Class of
Certificates will be made on such Distribution Date but only upon presentation and surrender
of such Certificates at the office of the Trustee or as otherwise specified therein, and
(ii) no interest shall accrue on such Certificates from and after the end of the related
Interest Accrual Period. In the event that Certificateholders required to surrender their
Certificates pursuant to Section 9.01(c) of the Standard Terms do not surrender their
Certificates for final cancellation, the Trustee shall cause funds distributable with
respect to such Certificates to be withdrawn from the Certificate Account and credited to a
separate escrow account for the benefit of such Certificateholders as provided in Section
9.01(d) of the Standard Terms.
Section 4.03 Statements to Certificateholders; Statements to the Rating Agencies;
Exchange Act Reporting. (See Section 4.03 of the Standard Terms)
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer. (See Section 4.04 of the Standard Terms)
Section 4.05 Allocation of Realized Losses.
Prior to each Distribution Date, the Master Servicer shall determine the total amount
of Realized Losses, if any, that resulted from any Cash Liquidation, Servicing Modification,
Debt Service Reduction, Deficient Valuation or REO Disposition that occurred during the
related Prepayment Period or, in the case of a Servicing Modification that constitutes a
reduction of the interest rate on a Mortgage Loan, the amount of the reduction in the
interest portion of the Monthly Payment due during the related Due Period. The amount of
each Realized Loss shall be evidenced by an Officers' Certificate. All Realized Losses,
other than Excess Special Hazard Losses, Extraordinary Losses, Excess Bankruptcy Losses or
Excess Fraud Losses, shall be allocated as follows: first, to the Class B-3 Certificates,
until the Certificate Principal Balance thereof has been reduced to zero; second, to the
Class B-2 Certificates until the Certificate Principal Balance thereof has been reduced to
zero; third, to the Class B-1 Certificates until the Certificate Principal Balance thereof
has been reduced to zero; fourth, to the Class M-3 Certificates until the Certificate
Principal Balance thereof has been reduced to zero; fifth, to the Class M-2 Certificates
until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the
Class M-1 Certificates until the Certificate Principal Balance thereof has been reduced to
zero; and, thereafter, if any such Realized Loss is on a Discount Mortgage Loan, to the
Class A-P Certificates in an amount equal to the related Discount Fraction of the principal
portion of the Realized Loss until the Certificate Principal Balance of the Class A-P
Certificates has been reduced to zero, and the remainder of such Realized Losses on the
Discount Mortgage Loans and the entire amount of such Realized Losses on the Non-Discount
Mortgage Loans shall be allocated among all Senior Certificates (other than the Class A-P
Certificates) on a pro rata basis, as described below; provided, however, that after the
Credit Support Depletion Date, such Realized Losses otherwise allocable to the Super Senior
Certificates will be allocated to the Senior Support Certificates until the Certificate
Principal Balance of the Senior Support Certificates has been reduced to zero. The
principal portion of any Excess Special Hazard Losses, Excess Bankruptcy Losses, Excess
Fraud Losses and Extraordinary Losses on the Discount Mortgage Loans shall be allocated to
the Class A-P Certificates in an amount equal to the related Discount Fraction thereof and
the remainder of the principal portion and the entire interest portion of such Realized
Losses on the Discount Mortgage Loans and the entire principal and interest portion of such
Realized Losses on Non-Discount Mortgage Loans will be allocated among the Senior
Certificates (other than the Class A-P Certificates) and the Subordinate Certificates, on a
pro rata basis, as described below.
As used herein, an allocation of a Realized Loss on a "pro rata basis" among two or
more specified Classes of Certificates means an allocation on a pro rata basis, among the
various Classes so specified, to each such Class of Certificates, on the basis of their then
outstanding Certificate Principal Balances prior to giving effect to distributions to be
made on such Distribution Date in the case of the principal portion of a Realized Loss or
based on the Accrued Certificate Interest thereon payable on such Distribution Date (without
regard to any Compensating Interest for such Distribution Date) in the case of an interest
portion of a Realized Loss. Except as provided in the following sentence, any allocation of
the principal portion of Realized Losses (other than Debt Service Reductions) to a Class of
Certificates shall be made by reducing the Certificate Principal Balance thereof by the
amount so allocated, which allocation shall be deemed to have occurred on such Distribution
Date; provided that no such reduction shall reduce the aggregate Certificate Principal
Balance of the Certificates below the aggregate Stated Principal Balance of the Mortgage
Loans. Any allocation of the principal portion of Realized Losses (other than Debt Service
Reductions) to the Subordinate Certificates then outstanding with the Lowest Priority shall
be made by operation of the definition of "Certificate Principal Balance" and by operation
of the provisions of Section 4.02(a). Allocations of the interest portions of Realized
Losses (other than any interest rate reduction resulting from a Servicing Modification)
shall be made in proportion to the amount of Accrued Certificate Interest and by operation
of the definition of "Accrued Certificate Interest" and by operation of the provisions of
Section 4.02(a). Allocations of the interest portion of a Realized Loss resulting from an
interest rate reduction in connection with a Servicing Modification shall be made by
operation of the provisions of Section 4.02(a). Allocations of the principal portion of
Debt Service Reductions shall be made by operation of the provisions of Section 4.02(a).
All Realized Losses and all other losses allocated to a Class of Certificates hereunder will
be allocated among the Certificates of such Class in proportion to the Percentage Interests
evidenced thereby; provided that if any Subclasses of the Class A-V Certificates have been
issued pursuant to Section 5.01(c) of the Standard Terms, such Realized Losses and other
losses allocated to the Class A-V Certificates shall be allocated among such Subclasses in
proportion to the respective amounts of Accrued Certificate Interest payable on such
Distribution Date that would have resulted absent such reductions.
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property. (See
Section 4.06 of the Standard Terms)
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section 4.07 of the
Standard Terms)
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms)
ARTICLE V
THE CERTIFICATES
(SEE ARTICLE V OF THE STANDARD TERMS)
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
(SEE ARTICLE VI OF THE STANDARD TERMS)
ARTICLE VII
DEFAULT
(SEE ARTICLE VII OF THE STANDARD TERMS)
ARTICLE VIII
CONCERNING THE TRUSTEE
(SEE ARTICLE VIII OF THE STANDARD TERMS)
ARTICLE IX
TERMINATION
(SEE ARTICLE IX OF THE STANDARD TERMS)
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms)
Section 10.02 Master Servicer; REMIC Administrator and Trustee Indemnification. (See
Section 10.02 of the Standard Terms)
Section 10.03 Designation of REMICs.
The REMIC Administrator shall make an election to treat the entire segregated pool of
assets described in the definition of REMIC I, and subject to this Agreement (including the
Mortgage Loans) as a REMIC ("REMIC I") and shall make an election to treat the pool of
assets comprised of the Uncertificated REMIC I Regular Interests as a REMIC ("REMIC II") for
federal income tax purposes.
The Uncertificated REMIC I Regular Interests will be "regular interests" in REMIC I
and the Class R-I Certificates will be the sole class of "residual interests" in REMIC I for
purposes of the REMIC Provisions (as defined herein) under the federal income tax law.
The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7,
Class A-8, Class A-9, Class A-P, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and
Class B-3 Certificates and the Uncertificated REMIC II Regular Interests Z, the rights in
and to which will be represented by the Class A-V Certificates, will be "regular interests"
in REMIC II, and the Class R-II Certificates will be the sole class of "residual interests"
therein for purposes of the REMIC Provisions (as defined herein) under federal income tax
law. On and after the date of issuance of any Subclass of Class A-V Certificates pursuant
to Section 5.01(c) of the Standard Terms, any such Subclass will represent the
Uncertificated REMIC II Regular Interest or Interests Z specified by the initial Holder of
the Class A-V Certificates pursuant to said Section.
Section 10.04 Distributions on the Uncertificated REMIC I and REMIC II Regular
Interests.
(a)On each Distribution Date the Trustee shall be deemed to distribute to itself, as
the holder of the Uncertificated REMIC I Regular Interests, the Uncertificated REMIC I
Regular Interest Distribution Amounts in the following order of priority to the extent of
the Available Distribution Amount reduced by distributions made to the Class R-I
Certificates pursuant to Section 4.02(a):
(i) Uncertificated Accrued Interest on the Uncertificated REMIC I Regular
Interests for such Distribution Date, plus any Uncertificated Accrued Interest
thereon remaining unpaid from any previous Distribution Date; and
(ii) In accordance with the priority set forth in Section 10.04(b), an
amount equal to the sum of the amounts in respect of principal distributable on each
Class of Certificates (other than the Class R-I Certificates) under Section 4.02(a),
as allocated thereto pursuant to Section 4.02(b).
(b)The amount described in Section 10.04(a)(ii) shall be deemed distributed to (i)
Uncertificated REMIC I Regular Interest V, (ii) Uncertificated REMIC I Regular Interest W,
(iii) Uncertificated REMIC I Regular Interest X, and (iv) Uncertificated REMIC I Regular
Interest Y with the amount to be distributed allocated among such interests in accordance
with the priority assigned to each Related Class of Certificates (other than the Class R-I
Certificates), respectively, under Section 4.02(b) until the Uncertificated Principal
Balance of each such interest is reduced to zero.
(c)The portion of the Uncertificated REMIC I Regular Interest Distribution Amounts
described in Section 10.04(a)(ii) shall be deemed distributed by REMIC I to REMIC II in
accordance with the priority assigned to the Uncertificated REMIC I Regular Interests
relative to that assigned to the Certificates under Section 4.02(b).
(d)In determining from time to time the Uncertificated REMIC I Regular Interest
Distribution Amounts and Uncertificated REMIC II Regular Interest Distribution Amounts:
(i) Realized Losses allocated to the Class A-V Certificates under Section
4.05 shall be deemed allocated to the Uncertificated REMIC II Regular Interests Z
pro-rata according to the respective amounts of Uncertificated Accrued Interest that
would have accrued on such Uncertificated REMIC II Regular Interests Z for the
Distribution Date for which such allocation is being made in the absence of such
allocation;
(ii) Realized Losses allocated to the Class X-0, Xxxxx X-0, Class A-4, Class
A-5, Class A-6 and Class A-7 Certificates under Section 4.05 shall be deemed
allocated to Uncertificated REMIC I Regular Interest V;
(iii) Realized Losses allocated to the Class A-8 and Class A-9 Certificates
under Section 4.05 shall be deemed allocated to Uncertificated REMIC I Regular
Interest W;
(iv) Realized Losses allocated to the Class A-P Certificates under Section
4.05 shall be deemed allocated to Uncertificated REMIC I Regular Interest X;
(v) Realized Losses allocated to the Class M-1, Class M-2, Class M-3, Class
B-1, Class B-2, Class B-3 and Class R-II Certificates under Section 4.05 shall be
deemed allocated to Uncertificated REMIC I Regular Interest Y; and
(vi) Realized Losses allocated to the Uncertificated REMIC II Regular
Interests Z under clause (i), above, shall be deemed allocated, in each case, to the
related Uncertificated REMIC I Regular Interest Z.
(e)On each Distribution Date the Trustee shall be deemed to distribute from REMIC
II, in the priority set forth in Sections 4.02(a) and (b), to the Holders of each Class of
Certificates (other than the Class R-I Certificates) the amounts distributable thereon from
the Uncertificated REMIC I Regular Interest Distribution Amounts deemed to have been
received by REMIC II from REMIC I under this Section 10.04. The amounts deemed distributed
hereunder with respect to the Class A-V Certificates shall be deemed to have been
distributed in respect of the Uncertificated REMIC II Regular Interests Z in accordance with
their respective Uncertificated REMIC II Regular Interest Distribution Amounts, as such
Uncertificated REMIC II Regular Interests Z comprise the Class A-V Certificates.
(f)Notwithstanding the deemed distributions on the Uncertificated REMIC I Regular
Interests described in this Section 10.04, distributions of funds from the Certificate
Account shall be made only in accordance with Section 4.02.
Section 10.05 Compliance with Withholding Requirements.
Notwithstanding any other provision of this Agreement, the Trustee or any
Paying Agent, as applicable, shall comply with all federal withholding requirements
respecting payments to Certificateholders, including interest or original issue discount
payments or advances thereof that the Trustee or any Paying Agent, as applicable, reasonably
believes are applicable under the Code. The consent of Certificateholders shall not be
required for such withholding. In the event the Trustee or any Paying Agent, as applicable,
does withhold any amount from interest or original issue discount payments or advances
thereof to any Certificateholder pursuant to federal withholding requirements, the Trustee
or any Paying Agent, as applicable, shall indicate the amount withheld to such
Certificateholder pursuant to the terms of such requirements.
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
Section 11.02 Recordation of Agreement; Counterparts. (See Section 11.02 of the
Standard Terms)
Section 11.03 Limitation on Rights of Certificateholders. (See Section 11.03 of the
Standard Terms)
Section 11.04 Governing Law. (See Section 11.04 of the Standard Terms)
Section 11.05 Notices. All demands and notices hereunder shall be in writing and
shall be deemed to have been duly given if personally delivered at or mailed by registered
mail, postage prepaid (except for notices to the Trustee which shall be deemed to have been
duly given only when received), to the appropriate address for each recipient listed in the
table below or, in each case, such other address as may hereafter be furnished in writing to
the Master Servicer, the Trustee and the Company, as applicable:
---------------------------------- --------------------------------------------------------------
RECIPIENT ADDRESS
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Company 0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000,
Attention: President
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Master Servicer 0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxx 00000-0000,
Attention: Managing Director/Master Servicing
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Trustee Corporate Trust Xxxxxx
0000 Xxxx Xx. Xxxxxx Xxxxx
Xxxxx Xxx, Xxxxxxxxxx 00000-0000,
Attention: Residential Accredit Loans, Inc. Series 2006-QS1
The Trustee designates its offices located at DB Services
Tennessee, 000 Xxxxxxxxx Xxxx Xxxx, Xxxxxxxxx, XX
00000-0000, Attn: Transfer Unit, for the purposes of
Section 8.12 of the Standard Terms
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Fitch Ratings Xxx Xxxxx Xxxxxx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Xxxxx'x Investors Service, Inc. 00 Xxxxxx Xxxxxx, 0xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
---------------------------------- --------------------------------------------------------------
---------------------------------- --------------------------------------------------------------
Standard & Poor's 00 Xxxxx Xxxxxx
Ratings Services, a division of Xxx Xxxx, Xxx Xxxx 00000
The XxXxxx-Xxxx Companies, Inc.
---------------------------------- --------------------------------------------------------------
Any notice required or permitted to be mailed to a Certificateholder shall be given by first
class mail, postage prepaid, at the address of such holder as shown in the Certificate
Register. Any notice so mailed within the time prescribed in this Agreement shall be
conclusively presumed to have been duly given, whether or not the Certificateholder receives
such notice.
Section 11.06 Required Notices to Rating Agency and Subservicer. (See Section 11.06
of the Standard Terms)
Section 11.07 Severability of Provisions. (See Section 11.07 of the Standard Terms)
Section 11.08 Supplemental Provisions for Resecuritization. (See Section 11.08 of
the Standard Terms)
Section 11.09 Allocation of Voting Rights.
Ninety-seven percent of all Voting Rights will be allocated among all Holders
of the Certificates, other than the Interest Only Certificates and Class R Certificates, in
proportion to their then outstanding Certificate Principal Balances of their respective
Certificates, in accordance with each Class's Percentage Interests; 1.0% of all Voting
Rights will be allocated among the Holders of the Class A-9 Certificates, in accordance with
their respective Percentage Interests; 1.0% of all Voting Rights shall be allocated among
the Holders of the Class A-V Certificates, in accordance with their respective Percentage
Interests; 0.5% of all Voting Rights shall be allocated among the Holders of the Class R-I
Certificates, in accordance with their respective Percentage Interests; and 0.5% of all
Voting Rights shall be allocated among the Holders of the Class R-II Certificates, in
accordance with their respective Percentage Interests.
Section 11.010 No Petition.
The Depositor, Master Servicer and the Trustee, by entering into this
Agreement, and each Certificateholder, by accepting a Certificate, hereby covenant and agree
that they will not at any time institute against the Trust Fund, or join in any institution
against the Trust Fund of, any bankruptcy proceedings under any United States federal or
state bankruptcy or similar law in connection with any obligation with respect to the
Certificates or this Agreement.
IN WITNESS WHEREOF, the Company, the Master Servicer and the Trustee have caused
their names to be signed hereto by their respective officers thereunto duly authorized and
their respective seals, duly attested, to be hereunto affixed, all as of the day and year
first above written.
RESIDENTIAL ACCREDIT LOANS, INC.
[Seal]
By: /s/Xxxxxxx Xxxxxxxx
Name: Xxxxxxx Xxxxxxxx
Title: Vice President
Attest: __/s/Xxxx White________
Name: Xxxx Xxxxx
Title: Vice President
RESIDENTIAL FUNDING CORPORATION
[Seal]
By: /s/Xxxx Xxxxx
Name: Xxxx Xxxxx
Title: Associate
Attest:__/s/Xxxxxxx Xxxxxxxx _____
Name: Xxxxxxx Xxxxxxxx
Title: Associate
DEUTSCHE BANK TRUST COMPANY AMERICAS, as Trustee
[Seal]
By: /s/Xxxxx Xxxxxx
Name: Xxxxx Xxxxxx
Title: Associate
By: /s/Xxxxxxx Xxxxxxxx
Name: Xxxxxxx Xxxxxxxx
Title: Vice President
Attest:__/s/Eiko Akiyama________
Name: Xxxx Xxxxxxx
Title: Associate
STATE OF MINNESOTA
)
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of January, 2006 before me, a notary public in and for said
State, personally appeared Xxxxxxx Xxxxxxxx, known to me to be a Vice President of
Residential Accredit Loans, Inc., one of the corporations that executed the within
instrument, and also known to me to be the person who executed it on behalf of said
corporation, and acknowledged to me that such corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
[Notarial Seal]
/s/Xxx Xxx Xxxxx
Notary Public
STATE OF MINNESOTA
)
) ss.:
COUNTY OF HENNEPIN )
On the 30th day of January, 2006 before me, a notary public in and for said
State, personally appeared Xxxx Xxxxx, known to me to be an Associate of Residential Funding
Corporation, one of the corporations that executed the within instrument, and also known to
me to be the person who executed it on behalf of said corporation, and acknowledged to me
that such corporation executed the within instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
[Notarial Seal]
/s/Xxx Xxx Xxxxx
Notary Public
STATE OF CALIFORNIA
)
) ss.:
COUNTY OF ORANGE )
On the 30th day of January, 2006 before me, a notary public in and for said
State, personally appeared _______________, known to me to be a(n) _________________ of
Deutsche Bank Trust Company Americas, the New York banking corporation that executed the
within instrument, and also known to me to be the person who executed it on behalf of said
banking corporation and acknowledged to me that such banking corporation executed the within
instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
/s/Xxx Xxxx Xxxxxxxx
Notary Public
[Notarial Seal]
STATE OF CALIFORNIA )
) ss.:
COUNTY OF ORANGE )
On the 30th day of January, 2006 before me, a notary public in and for said
State, personally appeared _______________, known to me to be a(n) _________________ of
Deutsche Bank Trust Company Americas, the New York banking corporation that executed the
within instrument, and also known to me to be the person who executed it on behalf of said
banking corporation and acknowledged to me that such banking corporation executed the within
instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year in this certificate first above written.
/s/Xxx Xxxx Xxxxxxxx
Notary Public
[Notarial Seal]
EXHIBIT ONE
MORTGAGE LOAN SCHEDULE
Fixed Rate Loan
Loan Number S/S Code Payment Type Original Bal Loan Feature
Orig Term Principal Bal # of Units
Orig Rate Original PI LTV
Net Curr Current PI
City State Zip Loan Purp Note Date MI Co Code
Servicer Loan # Prop Type First Pay Date MI Coverage
Seller Loan # Occup Code Maturity Date
Investor Loan #
8983812 E86/G02 F 229,000.00 ZZ
360 221,496.69 1
6.6250 1466.31 92
6.3750 1466.31
XXXXX XXXXX XX 00000 1 10/24/03 04
0437215676 05 12/01/03 25.0000
0000415752 O 11/01/33
0
9748275 E82/G02 F 131,200.00 ZZ
360 129,827.00 1
6.3750 818.52 75
6.1250 818.52
XXXXXXXXX XX 00000 5 01/06/05 00
0401054424 05 03/01/05 0.0000
0401054424 N 02/01/35
0
9872015 E22/G02 F 308,000.00 TX
360 305,675.00 3
7.2500 2101.10 60
7.0000 2101.10
XXXXXX XX 00000 5 03/28/05 00
0423764125 05 05/01/05 0.0000
0423764125 N 04/01/35
0
9873785 E82/G02 F 85,000.00 ZZ
360 84,373.48 1
6.5000 537.26 95
6.2500 537.26
XXXXXXX XX 00000 2 03/30/05 04
0401098819 05 06/01/05 30.0000
0401098819 O 05/01/35
0
9902685 T08/G02 F 120,000.00 ZZ
360 119,136.87 1
7.2500 818.61 80
7.0000 818.61
XXXXXXX XX 00000 5 04/04/05 00
0439201823 05 05/01/05 0.0000
132028238 N 04/01/35
0
9902723 T08/G02 F 192,000.00 ZZ
360 190,302.94 1
6.3750 1197.83 80
6.1250 1197.83
XXXXXXXXXX XX 00000 5 03/28/05 00
0439199514 05 05/01/05 0.0000
12156586 O 04/01/35
0
9902739 T08/G02 F 194,310.00 T
360 194,310.00 1
7.2500 1173.96 90
7.0000 1173.96
XXXXX XXXXX XXXX 00000 1 04/04/05 11
0439203852 01 05/01/05 25.0000
132028501 O 04/01/35
0
9902839 T08/G02 F 359,650.00 ZZ
360 359,650.00 1
6.2500 1873.18 80
6.0000 1873.18
XXXXXXXX XX 00000 5 03/24/05 00
0439200916 05 05/01/05 0.0000
132313364 O 04/01/35
0
9916811 A11/G02 F 245,000.00 ZZ
360 245,000.00 1
6.2500 1276.05 36
6.0000 1276.04
XXXXXXXX XX 00000 2 04/15/05 00
0439217290 05 06/01/05 0.0000
4674929940 O 05/01/35
0
9925861 Z51/Z57 F 88,000.00 ZZ
360 87,165.13 1
6.3750 549.01 80
6.1250 549.01
XXXX XX 00000 2 02/23/05 00
3892421 01 04/01/05 0.0000
333414158 O 03/01/35
0
9946406 286/286 F 138,400.00 ZZ
360 137,930.90 1
6.8750 909.19 80
6.6250 909.19
WALLED XXXX XX 00000 1 08/17/05 00
0004228247 01 10/01/05 0.0000
0004228247 N 09/01/35
0
9946879 025/025 F 160,000.00 ZZ
360 160,000.00 1
6.5000 866.67 80
6.2500 866.67
XXX XXXXX XX 00000 5 03/07/05 00
0201426590 05 05/01/05 0.0000
0201426590 O 04/01/35
0
9949446 286/286 F 179,100.00 ZZ
360 178,576.52 4
7.6250 1267.66 90
6.6472 1267.66
XX XXXXX XX 00000 1 08/05/05 26
0004177432 05 10/01/05 25.0000
0004177432 O 09/01/35
0
9949486 286/286 F 147,250.00 ZZ
360 146,850.77 1
8.0000 1080.47 95
7.0222 1080.47
XXXXXXXXXXXX XX 00000 1 08/16/05 26
0004239470 07 10/01/05 25.0000
0004239470 O 09/01/35
0
9979923 462/G02 F 219,100.00 ZZ
360 214,407.77 1
5.5000 1244.03 80
5.2500 1244.03
XXXXXX XX 00000 1 05/19/05 00
0439462433 03 07/01/05 0.0000
0007419583 O 06/01/35
0
9984603 462/G02 F 430,000.00 ZZ
360 430,000.00 1
5.8750 2105.21 58
5.6250 2105.21
XXXXXXXXX XX 00000 5 05/19/05 00
0439466939 03 07/01/05 0.0000
0008944688 O 06/01/35
0
9985096 286/286 F 104,000.00 ZZ
360 103,688.33 1
7.5000 727.19 80
7.2500 727.19
XXXXXX XXXX XX 00000 1 08/24/05 00
0004228908 09 10/01/05 0.0000
0004228908 O 09/01/35
0
9985246 286/286 F 149,625.00 ZZ
360 149,198.45 1
7.7500 1071.94 95
7.0313 1071.94
XXXXXXXXX XX 00000 1 09/02/05 26
0004188499 07 10/01/05 30.0000
0004188499 O 09/01/35
0
9986220 286/286 F 141,850.00 ZZ
360 141,369.17 1
6.8750 931.86 85
6.6250 931.86
XXXXXXXXX XX 00000 1 08/23/05 10
0000000000 09 10/01/05 25.0000
0000000000 N 09/01/35
0
9986312 286/286 F 42,500.00 ZZ
360 42,375.75 2
7.6250 300.82 85
7.3750 300.82
XXXXXXXXXX XX 00000 1 08/31/05 11
0004269020 05 10/01/05 20.0000
0004269020 N 09/01/35
0
9986318 286/286 F 88,000.00 ZZ
360 87,729.65 2
7.3750 607.80 74
7.1250 607.80
XXXXXXXXX XX 00000 5 08/26/05 00
0004269716 05 10/01/05 0.0000
0004269716 O 09/01/35
0
10009139 E22/U57 F 162,000.00 ZZ
360 161,006.64 1
6.5000 1023.95 47
6.2500 1023.95
XXXXXXX XX 00000 5 06/27/05 00
0424603967 05 08/01/05 0.0000
0424603967 O 07/01/35
0
10013671 T08/G02 F 125,000.00 ZZ
360 124,296.04 1
6.3750 779.84 45
6.1250 779.84
XXXXXXX XX 00000 5 06/13/05 00
0439548553 05 08/01/05 0.0000
45010255 O 07/01/35
0
10013677 T08/G02 F 182,000.00 ZZ
360 180,863.30 1
6.7500 1180.45 80
6.5000 1180.45
XXXXXXXX XX 00000 1 06/06/05 00
0439543828 05 08/01/05 0.0000
45080024 O 07/01/35
0
10013745 T08/G02 F 199,280.00 ZZ
360 199,280.00 1
6.8750 1141.71 80
6.6250 1141.71
XXXXXXX XX 00000 1 06/16/05 00
0439543976 05 08/01/05 0.0000
11290186 O 07/01/35
0
10050608 286/286 F 157,600.00 ZZ
360 157,190.61 1
6.7500 1022.20 80
6.5000 1022.20
XXXXXXXX XX 00000 1 09/26/05 00
0004295992 07 11/01/05 0.0000
0004295992 O 10/01/35
0
10050626 286/286 F 143,920.00 ZZ
360 143,581.15 1
7.2500 981.79 80
7.0000 981.79
XXXXXX XX 00000 1 09/16/05 00
0004322443 07 11/01/05 0.0000
0004322443 O 10/01/35
0
10050648 286/286 F 108,720.00 ZZ
360 108,468.25 1
7.3750 750.91 80
7.1250 750.91
XXXXX XXXXXXX XX 00000 1 09/28/05 00
0000000000 09 11/01/05 0.0000
0000000000 O 10/01/35
0
10050748 286/286 F 121,600.00 ZZ
360 121,383.04 1
8.6250 945.80 95
7.8850 945.80
XXXXXXXXX XX 00000 1 09/23/05 36
0000000000 05 11/01/05 30.0000
0000000000 O 10/01/35
0
10050762 286/286 F 41,250.00 ZZ
360 41,060.91 1
8.2500 309.90 95
7.6070 309.90
XXXXXXXXXXXX XX 00000 1 09/30/05 36
0004303859 05 11/01/05 30.0000
0004303859 O 10/01/35
0
10050794 286/286 F 178,125.00 ZZ
360 177,764.04 1
8.0000 1307.02 95
7.0310 1307.02
XXXXXX XX 00000 1 09/26/05 36
0000000000 03 11/01/05 30.0000
0000000000 O 10/01/35
0
10051590 286/286 F 260,000.00 ZZ
360 259,238.00 3
6.1250 1579.79 79
5.8750 1579.79
XXXXXXX XX 00000 5 09/08/05 00
0004316100 05 11/01/05 0.0000
0004316100 O 10/01/35
0
10051624 286/286 F 209,200.00 ZZ
360 208,880.64 2
7.3750 1444.90 80
7.1250 1444.90
XXXXXXX XX 00000 1 10/06/05 00
0004321327 05 12/01/05 0.0000
0004321327 O 11/01/35
0
10051834 286/286 F 378,000.00 ZZ
360 376,969.28 2
6.5000 2389.22 79
6.2500 2389.22
XXXXXXX XX 00000 1 09/30/05 00
0000000000 05 11/01/05 0.0000
0000000000 O 10/01/35
0
10052568 286/286 F 81,180.00 ZZ
360 81,010.04 2
7.8750 588.62 90
7.4150 588.62
XXXXX XXXXX XX 00000 1 09/23/05 36
0004298803 05 11/01/05 25.0000
0004298803 O 10/01/35
0
10052586 286/286 F 206,900.00 ZZ
360 206,576.21 2
7.2500 1411.43 90
6.9350 1411.43
XXXXXXXXXX XX 00000 1 10/04/05 36
0004322064 05 12/01/05 25.0000
0004322064 O 11/01/35
0
10066569 L49/G02 F 232,500.00 ZZ
360 231,331.07 1
6.0000 1393.96 95
5.7500 1393.96
XXXXXXX XXXXX XX 00000 1 07/14/05 10
0439727611 09 09/01/05 30.0000
10025863 O 08/01/35
0
10068581 588/G02 F 120,000.00 ZZ
360 118,871.58 1
5.9990 719.38 80
5.7490 719.38
XXXXXX XXXXXXXXX 00000 1 06/30/05 00
0439779281 07 08/01/05 0.0000
1153817 O 07/01/35
0
10068647 588/G02 F 140,000.00 ZZ
360 139,998.69 1
6.2500 729.17 80
6.0000 729.17
XXXXX XXXXXXXXXX 00000 1 06/30/05 00
0439777715 01 08/01/05 0.0000
1155142 O 07/01/35
0
10068659 588/G02 F 496,800.00 ZZ
360 496,800.00 1
6.1250 2535.75 80
5.8750 2535.75
XXXXXXX XX 00000 1 06/24/05 00
0439796384 05 08/01/05 0.0000
1155392 O 07/01/35
0
10072569 E22/U57 F 281,000.00 T
360 279,527.83 1
6.7500 1822.56 67
6.5000 1822.56
XXXXXXX XX 00000 1 06/29/05 00
0424744001 05 08/01/05 0.0000
0424744001 O 07/01/35
0
10073169 T08/G02 F 218,800.00 ZZ
360 217,288.42 1
6.1250 1329.45 80
5.8750 1329.45
XXXXXX XXXXX XX 00000 1 05/27/05 00
0439826413 05 07/01/05 0.0000
1390001001 O 06/01/35
0
10073201 T08/G02 F 132,000.00 ZZ
360 131,503.74 1
7.5000 922.96 100
6.6000 922.96
XXXXX XX 00000 1 07/22/05 26
0439826157 05 09/01/05 35.0000
14040378 O 08/01/35
0
10079359 588/G02 F 114,000.00 ZZ
360 113,310.48 1
6.0000 683.49 80
5.7500 683.49
YEADON BOROUGHPA 19050 1 06/27/05 00
0439811027 05 08/01/05 0.0000
1150766 O 07/01/35
0
10123025 E22/G02 F 91,580.00 ZZ
360 91,312.31 1
7.6250 648.20 95
7.3750 648.20
XXXXX XX 00000 1 08/25/05 10
0425144102 05 10/01/05 35.0000
0425144102 O 09/01/35
0
10125651 E86/G02 F 174,900.00 ZZ
360 17,939.31 1
6.5000 1105.49 50
6.2500 1105.49
XXXXXXXXXX XX 00000 1 07/15/05 00
0439932419 03 09/01/05 0.0000
885901 O 08/01/35
0
10127682 286/286 F 288,000.00 ZZ
360 287,484.46 1
6.6250 1844.10 75
6.3750 1844.10
XXXXXXXXX XX 00000 1 10/14/05 00
0001777019 09 12/01/05 0.0000
0001777019 O 11/01/35
0
10127684 286/286 F 407,407.96 T
360 406,688.71 1
6.8750 2676.39 80
6.6250 2676.39
XXXXXXXX XXXX XX 00000 1 10/05/05 00
0003572650 03 12/01/05 0.0000
0003572650 O 11/01/35
0
10127688 286/286 F 276,800.00 ZZ
360 275,928.69 1
7.3750 1911.79 100
7.1250 1911.79
XXXXXX XXXXXXXXX 00000 2 08/08/05 10
0003781738 05 10/01/05 35.0000
0003781738 O 09/01/35
0
10127690 286/286 F 160,000.00 ZZ
360 159,736.92 2
7.0000 1064.49 80
6.7500 1064.49
XXXXXXXXX XX 00000 1 10/06/05 00
0003785425 05 12/01/05 0.0000
0003785425 N 11/01/35
0
10127694 286/286 F 168,000.00 ZZ
360 167,702.72 1
6.6250 1075.73 80
6.3750 1075.73
XXXXXX XX 00000 2 10/28/05 00
0003956456 05 12/01/05 0.0000
0003956456 O 11/01/35
0
10127696 286/286 F 283,000.00 ZZ
360 282,461.56 1
6.2500 1742.48 76
6.0000 1742.48
XXXXXX XX 00000 1 10/12/05 00
0004021633 03 12/01/05 0.0000
0004021633 O 11/01/35
0
10127702 286/286 F 400,000.00 ZZ
360 399,274.82 1
6.5000 2528.28 77
6.2500 2528.28
XXXXXXXX XX 00000 1 11/02/05 00
0004098803 03 12/01/05 0.0000
0004098803 O 11/01/35
0
10127706 286/286 F 55,800.00 ZZ
360 55,697.39 1
6.7500 361.92 90
6.5000 361.92
XXXXXXXXX XX 00000 1 10/20/05 01
0004150766 05 12/01/05 25.0000
0004150766 N 11/01/35
0
10127708 286/286 F 47,700.00 ZZ
360 47,635.77 1
8.0000 350.01 90
7.7500 350.01
XXXXXXXXX XX 00000 2 10/14/05 11
0004157220 01 12/01/05 25.0000
0004157220 N 11/01/35
0
10127710 286/286 F 132,800.00 ZZ
360 132,228.96 1
6.1250 806.91 80
5.8750 806.91
XXXXXXX XX 00000 5 08/03/05 00
0004210299 05 10/01/05 0.0000
0004210299 O 09/01/35
0
10127716 286/286 F 260,000.00 ZZ
360 259,528.63 1
6.5000 1643.38 80
6.2500 1643.38
XXXXX XXXXX XX 00000 5 10/18/05 00
0004256271 03 12/01/05 0.0000
0004256271 O 11/01/35
0
10127722 286/286 F 194,750.00 ZZ
360 194,137.07 1
5.7500 1136.51 95
5.5000 1136.51
XXXXXXXXX XX 00000 5 09/01/05 11
0004279110 05 11/01/05 25.0000
0004279110 O 10/01/35
0
10127728 286/286 F 60,000.00 ZZ
360 59,891.21 1
6.5000 379.25 80
6.2500 379.25
MARCUS XXXX XX 00000 1 10/31/05 00
0004292231 05 12/01/05 0.0000
0004292231 O 11/01/35
0
10127730 286/286 F 208,000.00 ZZ
360 207,640.81 1
6.7500 1349.09 80
6.5000 1349.09
XXXXXXXXX XX 00000 1 10/14/05 00
0004294980 05 12/01/05 0.0000
0004294980 O 11/01/35
0
10127732 286/286 F 114,400.00 ZZ
360 114,202.45 1
6.7500 742.00 80
6.5000 742.00
CONNEAUT XXXX XX 00000 1 10/14/05 00
0004295633 05 12/01/05 0.0000
0004295633 O 11/01/35
0
10127734 286/286 F 100,000.00 ZZ
360 99,814.27 1
6.3750 623.87 18
6.1250 623.87
XXXX XX 00000 5 10/06/05 00
0004303136 03 12/01/05 0.0000
0004303136 O 11/01/35
0
10127736 286/286 F 215,000.00 ZZ
360 214,541.46 1
6.5000 1358.95 69
6.2500 1358.95
CAPITAL HEIGHTMD 20743 5 10/12/05 00
0004303282 05 12/01/05 0.0000
0004303282 O 11/01/35
0
10127740 286/286 F 160,000.00 ZZ
360 159,709.93 1
6.5000 1011.31 80
6.2500 1011.31
XXXX XXXX XX 00000 1 10/20/05 00
0004305962 05 12/01/05 0.0000
0004305962 N 11/01/35
0
10127744 286/286 F 94,000.00 ZZ
360 93,724.50 1
6.1250 571.16 80
5.8750 571.16
XXXXXXXXXXXX XX 00000 1 09/29/05 00
0004308242 01 11/01/05 0.0000
0004308242 O 10/01/35
0
10127748 286/286 F 161,200.00 ZZ
360 160,914.75 1
6.6250 1032.19 69
6.3750 1032.19
XXXXXXXXXXXX XX 00000 5 10/03/05 00
0000000000 03 12/01/05 0.0000
0000000000 N 11/01/35
0
10127750 286/286 F 337,896.00 ZZ
360 337,326.62 1
6.8750 2219.74 80
6.6250 2219.74
KING XXXXXX XX 00000 1 11/01/05 00
0004311823 05 12/01/05 0.0000
0004311823 O 11/01/35
0
10127752 286/286 F 191,900.00 ZZ
360 191,567.94 1
6.7500 1244.66 80
6.5000 1244.66
XXXXXXXX XX 00000 1 10/18/05 00
0004311843 05 12/01/05 0.0000
0004311843 O 11/01/35
0
10127760 286/286 F 140,000.00 ZZ
360 139,720.43 1
6.0000 839.38 80
5.7500 839.38
XXXXXXXX XXXX XX 00000 1 10/14/05 00
0004319643 05 12/01/05 0.0000
0004319643 O 11/01/35
0
10127764 286/286 F 188,000.00 ZZ
360 187,667.34 1
6.6250 1203.79 80
6.3750 1203.79
XXXXXX XX 00000 1 10/28/05 00
0004322777 05 12/01/05 0.0000
0004322777 O 11/01/35
0
10127766 286/286 F 105,366.00 ZZ
360 105,057.19 1
6.1250 640.22 80
5.8750 640.22
XXXXXXXX XX 00000 1 09/29/05 00
0004323706 03 11/01/05 0.0000
0004323706 O 10/01/35
0
10127768 286/286 F 244,000.00 ZZ
360 243,568.25 1
6.6250 1562.36 80
6.3750 1562.36
XXXXXXXXX XX 00000 1 10/19/05 00
0004325112 01 12/01/05 0.0000
0004325112 O 11/01/35
0
10127776 286/286 F 76,800.00 ZZ
360 76,644.32 1
6.7500 498.13 76
6.5000 498.13
XXXXXXX XX 00000 5 10/17/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10127782 286/286 F 211,375.00 ZZ
360 211,018.56 1
6.8750 1388.59 95
6.6250 1388.59
XXXXXXXXXX XX 00000 1 10/28/05 01
0004332347 05 12/01/05 30.0000
0004332347 O 11/01/35
0
10127784 286/286 F 61,840.00 ZZ
360 61,786.75 1
6.7500 401.10 80
6.5000 401.10
XXXXXXXXXX XX 00000 1 11/01/05 00
0004332666 05 01/01/06 0.0000
0004332666 N 12/01/35
0
10127786 286/286 F 61,840.00 ZZ
360 61,786.75 1
6.7500 401.10 80
6.5000 401.10
XXXXXXXXXX XX 00000 1 11/01/05 00
0004332669 05 01/01/06 0.0000
0004332669 N 12/01/35
0
10127788 286/286 F 441,000.00 ZZ
360 440,200.48 1
6.5000 2787.43 70
6.2500 2787.43
XXXXXXXXXX XX 00000 1 10/20/05 00
0004332979 07 12/01/05 0.0000
0004332979 N 11/01/35
0
10127790 286/286 F 327,500.00 ZZ
360 326,948.12 1
6.8750 2151.45 77
6.6250 2151.45
XXXXXXXXX XX 00000 5 10/21/05 00
0004335159 05 12/01/05 0.0000
0004335159 O 11/01/35
0
10127792 286/286 F 60,000.00 ZZ
360 59,912.86 2
7.6250 424.68 75
7.3750 424.68
XXXXXXXXX XX 00000 5 10/12/05 00
0004336931 05 12/01/05 0.0000
0004336931 N 11/01/35
0
10127794 286/286 F 248,000.00 ZZ
360 247,539.38 1
6.3750 1547.20 78
6.1250 1547.20
XXXXXXXXXXX XX 00000 1 10/28/05 00
0004336979 05 12/01/05 0.0000
0004336979 O 11/01/35
0
10127796 286/286 F 157,500.00 T
360 157,221.31 1
6.6250 1008.49 50
6.3750 1008.49
XXXXXXXXXX XX 00000 1 10/14/05 00
0004337106 05 12/01/05 0.0000
0004337106 O 11/01/35
0
10127800 286/286 F 424,000.00 ZZ
360 423,193.27 1
6.2500 2610.65 80
6.0000 2610.65
XXXXXXXX XX 00000 1 10/14/05 00
0004337652 05 12/01/05 0.0000
0004337652 O 11/01/35
0
10127802 286/286 F 18,900.00 ZZ
360 18,870.41 1
7.2500 128.94 90
7.0000 128.94
XXXXXXXXX XX 00000 1 10/13/05 01
0000000000 05 12/01/05 25.0000
0000000000 N 11/01/35
0
10127804 286/286 F 42,300.00 ZZ
360 42,223.31 1
6.5000 267.37 90
6.2500 267.37
XXXXXXXXX XX 00000 1 10/24/05 01
0004340514 07 12/01/05 25.0000
0004340514 N 11/01/35
0
10127808 286/286 F 150,400.00 ZZ
240 149,775.73 1
6.3750 1110.31 80
6.1250 1110.31
XXXX XXXXX XX 00000 5 10/12/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/25
0
10127810 286/286 F 67,500.00 ZZ
360 66,876.42 1
7.6250 477.77 75
7.3750 477.77
LOVES XXXX XX 00000 5 10/05/05 00
0004340953 05 12/01/05 0.0000
0004340953 O 11/01/35
0
10127814 286/286 F 304,000.00 ZZ
240 302,738.20 1
6.3750 2244.23 95
6.1250 2244.23
XXXX XXXXXXX XX 00000 2 10/21/05 01
0004342983 05 12/01/05 30.0000
0004342983 O 11/01/25
0
10127816 286/286 F 88,000.00 ZZ
360 87,858.82 1
7.1250 592.88 80
6.8750 592.88
XXXXXXX XX 00000 1 10/17/05 00
0004343258 05 12/01/05 0.0000
0004343258 N 11/01/35
0
10127818 286/286 F 94,500.00 ZZ
360 94,348.39 1
7.1250 636.67 70
6.8750 636.67
XXXXXXX XX 00000 5 10/17/05 00
0004343260 05 12/01/05 0.0000
0004343260 N 11/01/35
0
10127824 286/286 F 422,000.00 ZZ
360 421,216.20 1
6.3750 2632.74 40
6.1250 2632.74
XXXXXX XXXXXX XX 00000 5 10/13/05 00
0004345263 03 12/01/05 0.0000
0004345263 N 11/01/35
0
10127826 286/286 F 134,372.00 ZZ
360 134,116.32 1
6.2500 827.36 80
6.0000 827.36
XXXXX XX 00000 1 10/19/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10127828 286/286 F 134,000.00 ZZ
360 133,800.48 3
7.5000 936.95 69
7.2500 936.95
XXXXXXX XX 00000 2 10/24/05 00
0004345520 05 12/01/05 0.0000
0004345520 N 11/01/35
0
10127832 286/286 F 160,000.00 ZZ
360 159,702.81 3
6.3750 998.20 80
6.1250 998.20
XXXXXXXXXX XX 00000 1 10/12/05 00
0004345898 05 12/01/05 0.0000
0004345898 N 11/01/35
0
10127836 286/286 F 600,000.00 ZZ
360 598,858.41 1
6.2500 3694.31 80
6.0000 3694.31
XXXXX XX 00000 5 10/13/05 00
0004346287 05 12/01/05 0.0000
0004346287 O 11/01/35
0
10127990 286/286 F 51,200.00 ZZ
360 51,102.58 1
6.2500 315.25 80
6.0000 315.25
XXXXXX XX 00000 1 10/13/05 00
0004348092 01 12/01/05 0.0000
0004348092 N 11/01/35
0
10127994 286/286 F 64,000.00 ZZ
360 63,889.47 2
6.7500 415.11 80
6.5000 415.11
XXXXXXXX XX 00000 1 10/27/05 00
0004349001 05 12/01/05 0.0000
0004349001 O 11/01/35
0
10128000 286/286 F 299,950.00 ZZ
360 299,456.82 4
7.0000 1995.58 75
6.7500 1995.58
XXXXXXXXXX XX 00000 1 10/27/05 00
0004350086 05 12/01/05 0.0000
0004350086 N 11/01/35
0
10128002 286/286 F 96,850.00 ZZ
360 96,323.33 1
6.0000 580.67 90
5.7500 580.67
XXXXXXX XX 00000 1 09/09/05 10
0004350443 03 11/01/05 25.0000
0004350443 N 10/01/35
0
10128008 286/286 F 272,000.00 ZZ
360 271,469.89 1
6.1250 1652.71 80
5.8750 1652.71
XXXXX XX 00000 1 10/14/05 00
0004351841 05 12/01/05 0.0000
0004351841 O 11/01/35
0
10128010 286/286 F 65,000.00 ZZ
360 64,950.54 1
7.3750 448.94 68
7.1250 448.94
XXXXXXXXX XX 00000 5 11/04/05 00
0000000000 07 01/01/06 0.0000
0000000000 N 12/01/35
0
10128012 286/286 F 39,600.00 ZZ
360 39,538.01 2
7.2500 270.15 90
7.0000 270.15
XXXXXXXXXXX XX 00000 1 10/14/05 01
0004352180 05 12/01/05 25.0000
0004352180 N 11/01/35
0
10128014 286/286 F 448,000.00 ZZ
360 447,147.61 1
6.2500 2758.42 60
6.0000 2758.42
XXXXXXXXX XX 00000 1 10/07/05 00
0004353079 09 12/01/05 0.0000
0004353079 N 11/01/35
0
10128018 286/286 F 288,000.00 ZZ
360 287,720.08 1
6.1250 1749.92 80
5.8750 1749.92
XXXXXXXXXX XX 00000 1 11/02/05 00
0004353899 05 01/01/06 0.0000
0004353899 O 12/01/35
0
10128022 286/286 F 52,500.00 ZZ
360 52,423.74 1
7.6250 371.60 75
7.3750 371.60
XXXXXXXXXXXX XX 00000 5 10/14/05 00
0004354191 05 12/01/05 0.0000
0004354191 N 11/01/35
0
10128024 286/286 F 525,000.00 ZZ
360 521,062.76 1
6.6250 3361.64 75
6.3750 3361.64
XXXXX XXXXXX XX 00000 5 10/20/05 00
0004354302 05 12/01/05 0.0000
0004354302 O 11/01/35
0
10128026 286/286 F 88,000.00 ZZ
360 87,848.03 1
6.7500 570.77 80
6.5000 570.77
XXXXXXXXXX XX 00000 5 10/12/05 00
0000000000 01 12/01/05 0.0000
0000000000 N 11/01/35
0
10128028 286/286 F 49,500.00 ZZ
360 49,426.29 1
7.5000 346.12 90
7.2500 346.12
XXXXXXXXX XX 00000 1 10/27/05 01
0004356729 05 12/01/05 25.0000
0004356729 N 11/01/35
0
10128032 286/286 F 88,650.00 ZZ
360 88,493.13 1
6.6250 567.64 90
6.3750 567.64
XXXXXXXXX XX 00000 1 10/12/05 01
0004356923 05 12/01/05 25.0000
0004356923 N 11/01/35
0
10128036 286/286 F 76,500.00 ZZ
360 76,383.22 1
7.3750 528.37 85
7.1250 528.37
XXXXXXXXX XX 00000 1 10/31/05 01
0004358370 07 12/01/05 25.0000
0004358370 N 11/01/35
0
10128042 286/286 F 88,000.00 ZZ
360 87,855.30 1
7.0000 585.47 80
6.7500 585.47
XXXXXXXXX XX 00000 1 10/24/05 00
0004359011 08 12/01/05 0.0000
0004359011 N 11/01/35
0
10128044 286/286 F 52,800.00 ZZ
360 52,711.03 4
6.8750 346.86 80
6.6250 346.86
XXXXXX XX 00000 1 10/25/05 00
0004359046 05 12/01/05 0.0000
0004359046 N 11/01/35
0
10128046 286/286 F 63,600.00 ZZ
360 63,487.96 1
6.7500 412.51 80
6.5000 412.51
XXXXXXXXX XX 00000 1 10/20/05 00
0004359055 07 12/01/05 0.0000
0004359055 O 11/01/35
0
10128052 286/286 F 311,800.00 ZZ
360 311,206.76 1
6.2500 1919.81 80
6.0000 1919.81
XXXXXXXXXX XX 00000 1 10/27/05 00
0004359875 03 12/01/05 0.0000
0004359875 O 11/01/35
0
10128056 286/286 F 369,000.00 ZZ
360 368,362.81 2
6.7500 2393.33 90
6.5000 2393.33
XXXXXXX XX 00000 1 10/26/05 10
0004361598 05 12/01/05 25.0000
0004361598 O 11/01/35
0
10128060 286/286 F 55,250.00 ZZ
360 55,149.83 1
6.5000 349.22 85
6.2500 349.22
XXXXXXXXX XX 00000 1 10/24/05 01
0004361928 07 12/01/05 20.0000
0004361928 N 11/01/35
0
10128062 286/286 F 127,800.00 ZZ
360 127,568.29 3
6.5000 807.79 90
6.2500 807.79
XXXXXXX XX 00000 1 10/24/05 01
0004361985 05 12/01/05 25.0000
0004361985 N 11/01/35
0
10128064 286/286 F 51,000.00 ZZ
360 50,907.53 1
6.5000 322.36 85
6.2500 322.36
XXXXXXXXX XX 00000 1 10/28/05 01
0004362038 07 12/01/05 20.0000
0004362038 N 11/01/35
0
10128066 286/286 F 279,200.00 ZZ
360 278,681.43 1
6.3750 1741.85 80
6.1250 1741.85
XXXXXXXX XX 00000 1 10/13/05 00
0004362131 03 12/01/05 0.0000
0004362131 O 11/01/35
0
10128068 286/286 F 54,400.00 ZZ
360 54,308.33 1
6.8750 357.37 80
6.6250 357.37
XXXXXXXXX XX 00000 5 10/19/05 00
0004362342 05 12/01/05 0.0000
0004362342 N 11/01/35
0
10128070 286/286 F 148,000.00 ZZ
360 147,779.63 1
7.5000 1034.84 80
7.2500 1034.84
XXXXXXXXXXXX XX 00000 2 10/26/05 00
0004362537 05 12/01/05 0.0000
0004362537 N 11/01/35
0
10128072 286/286 F 39,500.00 ZZ
360 39,411.51 1
7.5000 276.19 79
7.2500 276.19
XXXXXXX XX 00000 2 09/29/05 00
0004363397 05 11/01/05 0.0000
0004363397 N 10/01/35
0
10128074 286/286 F 224,000.00 T
360 223,583.96 1
6.3750 1397.47 80
6.1250 1397.47
XXXXXXXXXX XX 00000 1 10/11/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128076 286/286 F 46,550.00 ZZ
360 46,473.46 1
7.0000 309.70 95
6.7500 309.70
XXXXXX XX 00000 1 10/17/05 01
0004364726 05 12/01/05 30.0000
0004364726 O 11/01/35
0
10128078 286/286 F 270,000.00 ZZ
360 269,522.25 1
6.6250 1728.84 90
6.3750 1728.84
XXXXXXXX XX 00000 1 10/17/05 01
0004365055 05 12/01/05 25.0000
0004365055 O 11/01/35
0
10128084 286/286 F 210,000.00 ZZ
360 209,597.96 1
6.6250 1344.66 84
6.3750 1344.66
XXXXX XX 00000 5 10/12/05 01
0004365195 05 12/01/05 12.0000
0004365195 O 11/01/35
0
10128090 286/286 F 40,500.00 ZZ
360 40,431.75 1
6.8750 266.06 90
6.6250 266.06
XXXXXXXXX XX 00000 5 10/25/05 01
0004367007 05 12/01/05 25.0000
0004367007 N 11/01/35
0
10128094 286/286 F 54,000.00 ZZ
360 53,953.50 1
6.7500 350.25 90
6.5000 350.25
XXXXXX XX 00000 1 11/02/05 01
0004367090 05 01/01/06 25.0000
0004367090 N 12/01/35
0
10128098 286/286 F 40,000.00 ZZ
360 39,910.37 1
7.5000 279.69 80
7.2500 279.69
XXXXXXX XX 00000 2 09/29/05 00
0004367599 05 11/01/05 0.0000
0004367599 N 10/01/35
0
10128100 286/286 F 188,000.00 ZZ
360 187,675.35 1
6.7500 1219.37 80
6.5000 1219.37
XXXXXXXX XX 00000 1 10/25/05 00
0004368343 05 12/01/05 0.0000
0004368343 O 11/01/35
0
10128102 286/286 F 79,325.00 ZZ
360 79,196.64 1
7.1250 534.43 95
6.8750 534.43
XXXXXXXX XX 00000 1 10/14/05 01
0004369345 05 12/01/05 30.0000
0004369345 O 11/01/35
0
10128104 286/286 F 117,900.00 ZZ
360 117,710.86 1
7.1250 794.32 90
6.8750 794.32
XXXXXXX XX 00000 1 10/31/05 10
0004369512 05 12/01/05 25.0000
0004369512 N 11/01/35
0
10128106 286/286 F 50,000.00 ZZ
360 49,887.36 1
6.1250 303.81 17
5.8750 303.81
XXXXXXX XX 00000 1 10/19/05 00
0004369580 01 12/01/05 0.0000
0004369580 O 11/01/35
0
10128112 286/286 F 145,600.00 ZZ
360 145,336.02 1
6.5000 920.30 80
6.2500 920.30
XXXXXXX XX 00000 1 10/18/05 00
0004371497 05 12/01/05 0.0000
0004371497 O 11/01/35
0
10128114 286/286 F 144,400.00 ZZ
360 144,125.25 1
6.2500 889.10 80
6.0000 889.10
XXXXXXXXXXX XX 00000 1 10/11/05 00
0004371697 01 12/01/05 0.0000
0004371697 O 11/01/35
0
10128116 286/286 F 305,400.00 ZZ
360 304,859.61 1
6.6250 1955.51 61
6.3750 1955.51
XXXXXXXX XXXXXXX 00000 1 10/28/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128120 286/286 F 67,200.00 ZZ
360 67,086.76 1
6.8750 441.46 80
6.6250 441.46
XXXXXXXXX XX 00000 5 10/19/05 00
0004372434 07 12/01/05 0.0000
0004372434 N 11/01/35
0
10128122 286/286 F 106,250.00 ZZ
360 106,070.95 1
6.8750 697.99 85
6.6250 697.99
XXXXX XXXXXX XX 00000 1 10/10/05 01
0004372870 03 12/01/05 20.0000
0004372870 N 11/01/35
0
10128124 286/286 F 98,800.00 ZZ
360 98,612.02 2
6.2500 608.33 80
6.0000 608.33
XXXXXXXX XX 00000 1 10/27/05 00
0004373915 05 12/01/05 0.0000
0004373915 O 11/01/35
0
10128128 286/286 F 65,000.00 ZZ
360 64,863.93 1
5.7500 379.33 21
5.5000 379.33
XXXX XXXXXXX XX 00000 1 10/12/05 00
0004374322 05 12/01/05 0.0000
0004374322 O 11/01/35
0
10128130 286/286 F 396,000.00 ZZ
360 395,146.02 1
6.2500 2438.25 80
6.0000 2438.25
XXX XXXXXX XX 00000 2 10/18/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128132 286/286 F 596,000.00 ZZ
360 594,798.70 1
6.1250 3621.36 80
5.8750 3621.36
XXXXXXX XXXXX XX 00000 1 10/25/05 00
0004374658 05 12/01/05 0.0000
0004374658 O 11/01/35
0
10128134 286/286 F 37,600.00 ZZ
360 37,539.68 1
7.1250 253.32 80
6.8750 253.32
XXXXXX XX 00000 1 10/14/05 00
0004376441 05 12/01/05 0.0000
0004376441 O 11/01/35
0
10128138 286/286 F 45,050.00 ZZ
360 44,877.71 1
7.1250 303.52 85
6.8750 303.52
XXXXXXXXXX XX 00000 1 10/27/05 01
0004376572 01 12/01/05 20.0000
0004376572 N 11/01/35
0
10128142 286/286 F 157,500.00 ZZ
360 157,287.77 1
8.0000 1155.68 90
7.7500 1155.68
XXXXXXXXX XX 00000 1 10/20/05 01
0004376803 05 12/01/05 25.0000
0004376803 N 11/01/35
0
10128144 286/286 F 45,050.00 ZZ
360 44,877.71 1
7.1250 303.52 85
6.8750 303.52
XXXXXXXXXX XX 00000 1 10/27/05 01
0004377024 01 12/01/05 20.0000
0004377024 N 11/01/35
0
10128146 286/286 F 149,400.00 ZZ
360 149,089.65 4
6.8750 981.46 90
6.6250 981.46
TURNERS XXXXX XX 00000 1 10/25/05 11
0004377204 05 12/01/05 25.0000
0004377204 N 11/01/35
0
10128290 286/286 F 210,889.00 ZZ
360 210,487.74 1
6.2500 1298.49 74
6.0000 1298.49
XXXXX XXXXXX XX 00000 2 10/27/05 00
0004377234 08 12/01/05 0.0000
0004377234 O 11/01/35
0
10128294 286/286 F 480,000.00 ZZ
360 479,337.15 2
7.8750 3480.34 80
7.6250 3480.34
XXXXXX XXXX XX 00000 1 10/12/05 00
0004377501 05 12/01/05 0.0000
0004377501 N 11/01/35
0
10128298 286/286 F 155,800.00 ZZ
360 155,524.32 1
6.6250 997.61 95
6.3750 997.61
XXXXXXXXXXX XX 00000 1 10/25/05 11
0004378456 05 12/01/05 30.0000
0004378456 O 11/01/35
0
10128300 286/286 F 63,750.00 ZZ
360 63,655.08 1
7.5000 445.75 75
7.2500 445.75
XXXXXX XXXX XX 00000 5 10/18/05 00
0004378541 05 12/01/05 0.0000
0004378541 N 11/01/35
0
10128306 286/286 F 55,900.00 ZZ
360 55,805.39 1
6.8750 367.23 80
6.6250 367.23
XXXXXX XXXX XX 00000 1 10/31/05 00
0004378987 05 12/01/05 0.0000
0004378987 N 11/01/35
0
10128310 286/286 F 40,500.00 ZZ
360 40,435.03 1
7.1250 272.86 90
6.8750 272.86
XXXXXXXXXX XX 00000 1 10/31/05 01
0004379086 05 12/01/05 25.0000
0004379086 N 11/01/35
0
10128316 286/286 F 148,000.00 ZZ
360 147,744.42 1
6.7500 959.93 79
6.5000 959.93
XXXXXXXXX XXXXXX 00000 2 10/26/05 00
0004380929 01 12/01/05 0.0000
0004380929 O 11/01/35
0
10128318 286/286 F 110,800.00 ZZ
360 110,563.90 1
6.5000 700.34 80
6.2500 700.34
XXXXXX XX 00000 1 10/24/05 00
0004381487 05 12/01/05 0.0000
0004381487 O 11/01/35
0
10128322 286/286 F 125,200.00 ZZ
360 124,973.02 1
6.5000 791.35 80
6.2500 791.35
XXXXXX XX 00000 1 10/26/05 00
0004381825 05 12/01/05 0.0000
0004381825 O 11/01/35
0
10128324 286/286 F 47,685.00 ZZ
360 47,610.37 1
7.2500 325.30 85
7.0000 325.30
XXXXXXX XX 00000 1 11/01/05 01
0004381999 05 12/01/05 20.0000
0004381999 N 11/01/35
0
10128328 286/286 F 192,000.00 ZZ
360 191,643.38 1
6.3750 1197.84 80
6.1250 1197.84
XXXXXX XXXXXXXXX 00000 1 10/21/05 00
0000000000 01 12/01/05 0.0000
0000000000 O 11/01/35
0
10128334 286/286 F 264,800.00 ZZ
360 264,308.18 1
6.3750 1652.01 80
6.1250 1652.01
XXXXXX XXXX XX 00000 1 10/26/05 00
0004384221 01 12/01/05 0.0000
0004384221 O 11/01/35
0
10128336 286/286 F 448,000.00 ZZ
360 447,298.93 1
7.2500 3056.15 80
7.0000 3056.15
XXXXXX XXXXX XX 00000 2 10/27/05 00
0004384526 05 12/01/05 0.0000
0004384526 O 11/01/35
0
10128338 286/286 F 61,200.00 ZZ
360 61,106.56 1
7.3750 422.70 90
7.1250 422.70
XXXXXXX XX 00000 1 11/01/05 01
0004384798 05 12/01/05 25.0000
0004384798 N 11/01/35
0
10128344 286/286 F 112,000.00 ZZ
360 111,811.26 4
6.8750 735.77 80
6.6250 735.77
XXXXX XXXXXXX XX 00000 1 10/25/05 00
0004385609 05 12/01/05 0.0000
0004385609 N 11/01/35
0
10128346 286/286 F 276,250.00 ZZ
360 275,703.37 1
7.0000 1837.90 85
6.7500 1837.90
XXXXXXXXX XX 00000 1 10/13/05 01
0004385622 03 12/01/05 12.0000
0004385622 O 11/01/35
0
10128348 286/286 F 141,600.00 ZZ
360 141,468.85 1
6.3750 883.40 80
6.1250 883.40
XXXXXXX XX 00000 1 11/04/05 00
0004385846 01 01/01/06 0.0000
0004385846 O 12/01/35
0
10128350 286/286 F 128,000.00 ZZ
360 127,784.31 1
6.8750 840.87 80
6.6250 840.87
XXXXXXX XX 00000 1 10/14/05 00
0004386011 01 12/01/05 0.0000
0004386011 N 11/01/35
0
10128354 286/286 F 114,400.00 ZZ
360 114,225.35 1
7.3750 790.14 80
7.1250 790.14
XXXXXXX XX 00000 5 10/25/05 00
0004387893 05 12/01/05 0.0000
0004387893 O 11/01/35
0
10128358 286/286 F 138,400.00 ZZ
360 138,130.27 1
6.1250 840.94 80
5.8750 840.94
XXXXXX XX 00000 1 10/14/05 00
0004388070 01 12/01/05 0.0000
0004388070 O 11/01/35
0
10128360 286/286 F 80,000.00 ZZ
360 77,398.60 1
6.2500 492.58 59
6.0000 492.58
XXX XXXX XX 00000 1 10/28/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128362 286/286 F 90,000.00 ZZ
360 89,155.25 1
6.7500 583.74 79
6.5000 583.74
XXXXXXX XXXX XX 00000 2 10/25/05 00
0004388491 05 12/01/05 0.0000
0004388491 N 11/01/35
0
10128364 286/286 F 500,000.00 ZZ
360 499,048.69 1
6.2500 3078.59 80
6.0000 3078.59
XXXXXXXXX XX 00000 5 10/24/05 00
0004388763 03 12/01/05 0.0000
0004388763 O 11/01/35
0
10128366 286/286 F 280,000.00 ZZ
360 279,528.17 1
6.8750 1839.41 67
6.6250 1839.41
XXXXXXXX XX 00000 5 10/24/05 00
0004390326 05 12/01/05 0.0000
0004390326 O 11/01/35
0
10128370 286/286 F 165,560.00 ZZ
360 165,259.83 1
6.5000 1046.46 80
6.2500 1046.46
XXXXXXXXXX XX 00000 1 10/28/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128372 286/286 F 95,200.00 ZZ
360 95,132.80 1
7.7500 682.03 85
7.5000 682.03
XXXXXXXXXXX XX 00000 1 11/03/05 01
0004390667 05 01/01/06 20.0000
0004390667 N 12/01/35
0
10128374 286/286 F 137,842.00 ZZ
360 137,578.45 1
6.2500 848.72 79
6.0000 848.72
XXXXXXXXXX XX 00000 1 10/27/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128376 286/286 F 111,200.00 ZZ
360 111,011.77 1
6.8750 730.51 80
6.6250 730.51
XXXXXXX XX 00000 1 10/21/05 00
0004390854 05 12/01/05 0.0000
0004390854 O 11/01/35
0
10128378 286/286 F 157,200.00 ZZ
360 156,914.98 1
6.5000 993.62 80
6.2500 993.62
XXXXX XX 00000 2 10/26/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128380 286/286 F 76,000.00 ZZ
360 75,943.59 2
7.5000 531.41 90
7.2500 531.41
XXXXXXXX XX 00000 2 11/02/05 01
0004392062 05 01/01/06 25.0000
0004392062 N 12/01/35
0
10128382 286/286 F 38,250.00 ZZ
360 38,185.54 1
6.8750 251.28 85
6.6250 251.28
XXXXXXX XX 00000 1 10/21/05 01
0004392404 05 12/01/05 20.0000
0004392404 N 11/01/35
0
10128384 286/286 F 24,000.00 ZZ
360 23,957.31 1
6.8750 157.67 71
6.6250 157.67
XXXXXXXXXXXX XX 00000 1 10/31/05 00
0004392686 05 12/01/05 0.0000
0004392686 O 11/01/35
0
10128388 286/286 F 293,760.00 ZZ
360 293,115.72 1
6.5000 1856.77 80
6.2500 1856.77
XXXXXX XX 00000 1 10/28/05 00
0004393410 05 12/01/05 0.0000
0004393410 O 11/01/35
0
10128390 286/286 F 260,000.00 ZZ
360 259,561.87 1
6.8750 1708.02 80
6.6250 1708.02
XXXXXXXXXXXX XX 00000 1 10/19/05 00
0004393705 05 12/01/05 0.0000
0004393705 O 11/01/35
0
10128396 286/286 F 37,000.00 ZZ
360 36,936.10 1
6.7500 239.99 79
6.5000 239.99
XXXXXXX XXXX XX 00000 1 10/21/05 00
0004394368 05 12/01/05 0.0000
0004394368 O 11/01/35
0
10128404 286/286 F 40,000.00 ZZ
360 39,908.10 1
6.1250 243.05 53
5.8750 243.05
XXX XXXXXXX XX 00000 1 10/21/05 00
0004397116 05 12/01/05 0.0000
0004397116 N 11/01/35
0
10128410 286/286 F 210,250.00 ZZ
360 209,868.81 1
6.5000 1328.93 80
6.2500 1328.93
XXXXX XXXXXXXXXX 00000 1 10/21/05 00
0000000000 03 12/01/05 0.0000
0000000000 O 11/01/35
0
10128412 286/286 F 208,000.00 ZZ
360 207,649.50 4
6.8750 1366.42 80
6.6250 1366.42
XXXXXXX XX 00000 1 10/26/05 00
0004398073 05 12/01/05 0.0000
0004398073 N 11/01/35
0
10128414 286/286 F 85,000.00 ZZ
360 84,811.97 1
6.2500 523.36 42
6.0000 523.36
XXXXXX XX 00000 1 10/19/05 00
0004398634 05 12/01/05 0.0000
0004398634 O 11/01/35
0
10128418 286/286 F 479,825.00 ZZ
360 478,975.97 1
6.6250 3072.38 85
6.3750 3072.38
XXXXXXXXX XX 00000 1 10/27/05 01
0004399840 09 12/01/05 12.0000
0004399840 O 11/01/35
0
10128420 286/286 F 50,000.00 ZZ
360 49,915.74 1
6.8750 328.47 80
6.6250 328.47
XXXXXXX XX 00000 1 11/04/05 00
0004400865 05 12/01/05 0.0000
0004400865 N 11/01/35
0
10128422 286/286 F 50,000.00 ZZ
360 49,915.74 1
6.8750 328.47 80
6.6250 328.47
XXXXXXX XX 00000 1 11/04/05 00
0004400868 05 12/01/05 0.0000
0004400868 N 11/01/35
0
10128428 286/286 F 275,900.00 ZZ
360 275,411.81 1
6.6250 1766.62 80
6.3750 1766.62
XXXXXXXXXXXX XX 00000 1 10/31/05 00
0004402235 09 12/01/05 0.0000
0004402235 O 11/01/35
0
10128432 286/286 F 48,750.00 TX
360 48,679.21 1
7.6250 345.05 75
7.3750 345.05
XXXXXX XX 00000 5 10/13/05 00
0004403201 05 12/01/05 0.0000
0004403201 N 11/01/35
0
10128440 286/286 F 58,000.00 ZZ
360 57,953.62 1
7.1250 390.76 80
6.8750 390.76
XXXXXXXXXXXXX XX 00000 1 11/04/05 00
0000000000 05 01/01/06 0.0000
0000000000 N 12/01/35
0
10128446 286/286 F 96,800.00 ZZ
360 96,666.32 1
7.8750 701.87 80
7.6250 701.87
XXXXXX XX 00000 1 11/01/05 00
0004409222 05 12/01/05 0.0000
0004409222 N 11/01/35
0
10128448 286/286 F 320,000.00 ZZ
360 319,405.65 1
6.3750 1996.39 80
6.1250 1996.39
XXXX XXXXXXXXXXX 00000 1 11/01/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128452 286/286 F 40,500.00 ZZ
360 40,430.05 1
6.7500 262.69 75
6.5000 262.69
XXXXXXXXXX XX 00000 5 10/28/05 00
0004415345 05 12/01/05 0.0000
0004415345 N 11/01/35
0
10128454 286/286 F 68,400.00 ZZ
360 68,342.54 1
6.8750 449.34 80
6.6250 449.34
XXXXXX XX 00000 1 11/02/05 00
0004416468 05 01/01/06 0.0000
0004416468 N 12/01/35
0
10128456 286/286 F 180,000.00 ZZ
360 179,309.46 1
6.6250 1152.56 80
6.3750 1152.56
XXXXXXXX XXXXXXX 00000 1 11/03/05 00
0004417543 05 12/01/05 0.0000
0004417543 O 11/01/35
0
10128458 286/286 F 246,400.00 ZZ
360 246,177.25 1
6.5000 1557.42 80
6.2500 1557.42
XXXXXXXXXX XX 00000 1 11/04/05 00
0004422624 01 01/01/06 0.0000
0004422624 O 12/01/35
0
10128460 286/286 F 92,000.00 ZZ
360 91,833.19 1
6.5000 581.51 80
6.2500 581.51
XXXXXXXXX XX 00000 1 11/01/05 00
0004422975 05 12/01/05 0.0000
0004422975 O 11/01/35
0
10128630 286/286 F 49,410.00 ZZ
360 49,324.66 2
6.7500 320.48 90
6.0954 320.48
XXXXXXXXX XX 00000 1 10/13/05 36
0004197101 05 12/01/05 25.0000
0004197101 N 11/01/35
0
10128632 286/286 F 68,242.00 ZZ
360 67,914.85 1
6.2500 420.18 90
5.5954 420.18
XXXXXXX XX 00000 1 08/04/05 36
0004220464 05 09/01/05 25.0000
0004220464 N 08/01/35
0
10128634 286/286 F 237,650.00 ZZ
360 236,619.71 1
6.3750 1482.63 97
5.7204 1482.63
XXXXXXXX XXXXXXX 00000 1 09/01/05 36
0004224890 05 10/01/05 25.0000
0004224890 O 09/01/35
0
10128636 286/286 F 44,100.00 ZZ
360 44,035.96 1
7.6250 312.14 90
6.9704 312.14
XXXXXXX XX 00000 1 10/18/05 36
0004236007 05 12/01/05 25.0000
0004236007 N 11/01/35
0
10128638 286/286 F 44,100.00 ZZ
360 44,035.96 1
7.6250 312.14 90
6.9704 312.14
XXXXXXX XX 00000 1 10/18/05 36
0004236008 05 12/01/05 25.0000
0004236008 N 11/01/35
0
10128640 286/286 F 53,350.00 ZZ
360 53,170.58 1
7.0000 354.94 97
6.3454 354.94
XXXXXXXXXXXX XX 00000 1 09/02/05 36
0004252873 05 10/01/05 35.0000
0004252873 O 09/01/35
0
10128642 286/286 F 73,100.00 ZZ
360 72,988.40 1
7.3750 504.89 85
6.7204 504.89
XXXXXXXXXXX XX 00000 2 10/24/05 36
0004257144 05 12/01/05 12.0000
0004257144 N 11/01/35
0
10128644 286/286 F 176,500.00 ZZ
360 176,063.43 1
7.0000 1174.26 97
6.3454 1174.26
XXXXXXXXXXXX XX 00000 1 09/13/05 36
0004299079 01 11/01/05 35.0000
0004299079 O 10/01/35
0
10128646 286/286 F 177,750.00 ZZ
360 177,504.52 1
7.8750 1288.82 90
7.2204 1288.82
XXXXXXX XX 00000 1 10/11/05 36
0004311445 01 12/01/05 25.0000
0004311445 O 11/01/35
0
10128648 286/286 F 80,550.00 ZZ
360 80,427.04 2
7.3750 556.34 90
6.7204 556.34
XXXXXXX XX 00000 1 10/03/05 36
0004315797 05 12/01/05 25.0000
0004315797 N 11/01/35
0
10128654 286/286 F 160,000.00 ZZ
360 159,604.23 1
7.0000 1064.49 97
6.3454 1064.49
XXXX XXXXX XX 00000 1 09/28/05 36
0004319727 05 11/01/05 35.0000
0004319727 O 10/01/35
0
10128656 286/286 F 122,400.00 ZZ
360 122,178.42 2
6.6250 783.75 90
5.9704 783.75
XXXX XX 00000 1 10/06/05 36
0004330628 05 12/01/05 25.0000
0004330628 N 11/01/35
0
10128658 286/286 F 120,510.00 ZZ
360 120,303.12 1
7.0000 801.76 90
6.3454 801.76
XXXXXX XX 00000 1 10/13/05 36
0004333921 05 12/01/05 25.0000
0004333921 N 11/01/35
0
10128660 286/286 F 85,500.00 ZZ
360 85,348.70 1
6.6250 547.47 90
5.9704 547.47
XXXXXXXX XX 00000 1 10/06/05 36
0004337435 05 12/01/05 25.0000
0004337435 N 11/01/35
0
10128662 286/286 F 130,450.00 ZZ
360 130,142.86 1
7.2500 889.90 90
6.5954 889.90
XXXXXXXXX XX 00000 1 10/05/05 36
0004338609 01 11/01/05 25.0000
0004338609 N 10/01/35
0
10128668 286/286 F 305,000.00 ZZ
360 304,486.05 1
6.8750 2003.64 85
6.2204 2003.64
XXXXXXXXXXX XX 00000 5 10/13/05 36
0004354574 03 12/01/05 12.0000
0004354574 O 11/01/35
0
10128670 286/286 F 238,500.00 ZZ
360 238,077.98 2
6.6250 1527.15 90
5.9704 1527.15
XXXXXX XX 00000 1 10/06/05 36
0004354769 05 12/01/05 25.0000
0004354769 N 11/01/35
0
10128676 286/286 F 164,700.00 ZZ
360 164,435.79 1
7.1250 1109.62 90
6.4704 1109.62
XXXXXXXX XX 00000 1 10/06/05 36
0004361978 05 12/01/05 25.0000
0004361978 N 11/01/35
0
10128678 286/286 F 185,000.00 ZZ
360 184,672.64 1
6.6250 1184.58 96
5.9704 1184.58
XXXXXX XX 00000 1 10/27/05 36
0004381283 05 12/01/05 35.0000
0004381283 O 11/01/35
0
10128680 286/286 F 154,000.00 ZZ
360 153,781.90 1
7.7500 1103.28 87
7.0954 1103.28
XXXXXXXX XX 00000 2 10/18/05 36
0004382896 03 12/01/05 25.0000
0004382896 N 11/01/35
0
10128682 286/286 F 488,300.00 ZZ
360 487,659.00 1
8.1250 3625.62 95
7.4704 3625.62
XXXXXXX XX 00000 1 10/18/05 36
0004390462 03 12/01/05 30.0000
0004390462 O 11/01/35
0
10128684 286/286 F 100,800.00 ZZ
360 100,649.91 1
7.5000 704.81 90
6.8454 704.81
XXXXXXX XX 00000 1 10/25/05 36
0000000000 05 12/01/05 25.0000
0000000000 N 11/01/35
0
10128686 286/286 F 140,000.00 ZZ
360 139,775.42 1
7.1250 943.21 83
6.4704 943.21
XXXXXXXX XX 00000 2 10/31/05 36
0004403592 05 12/01/05 12.0000
0004403592 N 11/01/35
0
10128688 286/286 F 158,750.00 ZZ
360 158,525.18 1
7.7500 1137.31 90
7.0954 1137.31
XXXXX XXXX XX 00000 1 11/01/05 36
0000000000 03 12/01/05 25.0000
0000000000 N 11/01/35
0
10128776 286/286 F 147,781.00 ZZ
360 146,860.96 1
7.5000 1033.31 76
7.2500 1033.31
XXXXXXXXX XX 00000 2 10/24/05 00
0004055761 05 12/01/05 0.0000
0004055761 O 11/01/35
0
10128782 286/286 F 316,000.00 ZZ
360 315,465.29 1
6.8750 2075.90 69
6.6250 2075.90
XXXXXXXXXXXX XX 00000 5 10/14/05 00
0004270612 03 12/01/05 0.0000
0004270612 O 11/01/35
0
10128792 286/286 F 500,000.00 T
360 499,360.13 1
8.2500 3756.34 80
8.0000 3756.34
XXXXXXXXXX XX 00000 1 10/25/05 00
0004320009 01 12/01/05 0.0000
0004320009 O 11/01/35
0
10128800 286/286 F 90,000.00 ZZ
360 89,865.98 1
7.5000 629.30 55
7.2500 629.30
XXXXXXXX XX 00000 1 10/17/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10128804 286/286 F 231,000.00 T
360 230,610.75 1
6.8750 1517.51 60
6.6250 1517.51
XXXXXX XX 00000 5 10/22/05 00
0004337585 05 12/01/05 0.0000
0004337585 O 11/01/35
0
10128806 286/286 F 399,000.00 ZZ
360 398,359.95 1
7.1250 2688.14 76
6.8750 2688.14
XXXXXXXXXX XX 00000 1 10/24/05 00
0004338025 05 12/01/05 0.0000
0004338025 O 11/01/35
0
10128814 286/286 F 65,000.00 ZZ
360 64,900.78 1
7.3750 448.94 49
7.1250 448.94
XXXXXXXXXXX XX 00000 1 10/18/05 00
0004351672 01 12/01/05 0.0000
0004351672 O 11/01/35
0
10128822 286/286 F 500,000.00 ZZ
360 499,217.53 1
7.2500 3410.89 39
7.0000 3410.89
XXXXXXXX XXXXXXX 00000 5 10/07/05 00
0004361527 05 12/01/05 0.0000
0004361527 O 11/01/35
0
10128830 286/286 F 235,000.00 ZZ
360 234,658.74 1
7.6250 1663.32 67
7.3750 1663.32
XXXXX XX 00000 2 10/07/05 00
0004366503 05 12/01/05 0.0000
0004366503 O 11/01/35
0
10128832 286/286 F 127,750.00 ZZ
360 127,536.59 1
7.0000 849.93 80
6.7500 849.93
XXXXXXX XXXXX XX 00000 1 10/19/05 00
0004366811 05 12/01/05 0.0000
0004366811 O 11/01/35
0
10128834 286/286 F 200,000.00 ZZ
360 199,687.00 1
7.2500 1364.36 55
7.0000 1364.36
XXXXXXXXXX XX 00000 1 10/17/05 00
0004366968 05 12/01/05 0.0000
0004366968 O 11/01/35
0
10128836 286/286 F 100,750.00 ZZ
360 100,675.23 1
7.5000 704.46 65
7.2500 704.46
XXXXXXX XXXX XX 00000 1 11/02/05 00
0004369062 05 01/01/06 0.0000
0004369062 N 12/01/35
0
10128838 286/286 F 109,500.00 ZZ
360 109,303.36 1
6.6250 701.15 61
6.3750 701.15
XXXXXXXXX XX 00000 2 10/14/05 00
0004369604 05 12/01/05 0.0000
0004369604 O 11/01/35
0
10128848 286/286 F 47,400.00 TX
360 47,339.33 1
8.2500 356.11 60
8.0000 356.11
XXXXXXX XX 00000 5 10/21/05 00
0004376997 05 12/01/05 0.0000
0004376997 N 11/01/35
0
10128850 286/286 F 48,000.00 TX
360 47,938.57 1
8.2500 360.61 60
8.0000 360.61
XXXXXXX XX 00000 5 10/21/05 00
0004377017 05 12/01/05 0.0000
0004377017 N 11/01/35
0
10128852 286/286 F 240,000.00 ZZ
360 239,660.13 1
7.7500 1719.39 80
7.5000 1719.39
XXXXXXX XX 00000 1 11/01/05 00
0004378118 05 12/01/05 0.0000
0004378118 O 11/01/35
0
10128854 286/286 F 69,200.00 ZZ
360 69,074.45 1
7.0000 460.39 80
6.7500 460.39
XXXXXXXXX XX 00000 1 10/31/05 00
0004378800 05 12/01/05 0.0000
0004378800 O 11/01/35
0
10128864 286/286 F 60,000.00 ZZ
360 59,957.50 1
7.7500 429.85 57
7.5000 429.85
XXXXXXXXX XX 00000 5 10/27/05 00
0004386440 05 01/01/06 0.0000
0004386440 O 12/01/35
0
10128872 286/286 F 57,000.00 ZZ
360 56,796.39 1
6.5000 360.28 55
6.2500 360.28
XXXXXXXXX XX 00000 1 10/27/05 00
0004390259 05 12/01/05 0.0000
0004390259 O 11/01/35
0
10128874 286/286 F 40,000.00 ZZ
360 39,944.76 1
7.8750 290.03 62
7.6250 290.03
XXXXXXX XX 00000 5 10/26/05 00
0004394927 05 12/01/05 0.0000
0004394927 O 11/01/35
0
10128878 286/286 F 650,000.00 ZZ
360 649,146.72 1
8.1250 4826.24 75
7.8750 4826.24
XX XXXXXX XX 00000 1 10/31/05 00
0004400234 03 12/01/05 0.0000
0004400234 O 11/01/35
0
10128880 286/286 F 60,000.00 ZZ
360 59,912.86 1
7.6250 424.68 38
7.3750 424.68
XXXXXXXX XXXXXXX 00000 5 10/25/05 00
0004403191 05 12/01/05 0.0000
0004403191 O 11/01/35
0
10128882 286/286 F 61,200.00 T
360 61,108.14 1
7.8750 443.75 80
7.6250 443.75
HOT SPRINGS XXXX 71909 1 10/21/05 00
0004411904 03 12/01/05 0.0000
0004411904 O 11/01/35
0
10128886 286/286 F 415,150.00 ZZ
360 414,580.19 1
8.1250 3082.48 95
7.3154 3082.48
XXXXXX XX 00000 1 10/21/05 36
0003900771 05 12/01/05 30.0000
0003900771 O 11/01/35
0
10128888 286/286 F 373,450.00 T
360 373,051.00 1
9.1250 3038.52 90
8.3154 3038.52
XXXX X XXXXX XX 00000 1 10/28/05 36
0003986580 03 12/01/05 25.0000
0003986580 O 11/01/35
0
10128890 286/286 F 102,600.00 ZZ
360 102,429.43 1
7.2500 699.92 95
6.4404 699.92
XXXX XXXXX XX 00000 1 10/17/05 36
0004150875 05 12/01/05 30.0000
0004150875 O 11/01/35
0
10128892 286/286 F 101,650.00 ZZ
360 101,526.38 1
8.5000 781.61 95
7.6904 781.61
XXXXXXX XX 00000 1 10/20/05 36
0004245066 05 12/01/05 30.0000
0004245066 O 11/01/35
0
10128896 286/286 F 70,200.00 ZZ
360 70,112.41 1
8.3750 533.58 90
7.5654 533.58
XXXXXX XX 00000 5 10/07/05 36
0004259318 05 12/01/05 25.0000
0004259318 O 11/01/35
0
10128898 286/286 F 182,400.00 ZZ
360 182,135.16 1
8.5000 1402.50 95
7.6904 1402.50
XXXXXXX XX 00000 1 10/03/05 36
0004276647 05 12/01/05 30.0000
0004276647 O 11/01/35
0
10128900 286/286 F 244,150.00 ZZ
360 243,812.88 1
8.0000 1791.49 95
7.1904 1791.49
XXXXXXXX XX 00000 1 10/06/05 36
0004292329 05 12/01/05 30.0000
0004292329 O 11/01/35
0
10128904 286/286 F 526,700.00 ZZ
360 526,008.56 1
8.1250 3910.74 90
7.3154 3910.74
XXXXXXXXX XX 00000 1 10/21/05 36
0004317864 09 12/01/05 25.0000
0004317864 O 11/01/35
0
10128910 286/286 F 98,100.00 ZZ
360 97,974.45 1
8.2500 737.00 90
7.4404 737.00
XXXXXXXXX XX 00000 5 10/20/05 36
0004335296 05 12/01/05 25.0000
0004335296 O 11/01/35
0
10128912 286/286 F 368,125.00 ZZ
360 367,653.89 1
8.2500 2765.61 95
7.4404 2765.61
XXXXXXX XX 00000 1 10/07/05 36
0000000000 05 12/01/05 25.0000
0000000000 O 11/01/35
0
10128914 286/286 F 94,500.00 ZZ
360 94,385.08 1
8.5000 726.63 90
7.6904 726.63
XXXXXXXXX XX 00000 1 09/29/05 36
0004337393 05 12/01/05 25.0000
0004337393 O 11/01/35
0
10128916 286/286 F 88,400.00 ZZ
360 88,265.05 1
7.3750 610.56 85
6.5654 610.56
XXXXXXX XX 00000 1 10/14/05 36
0004340547 05 12/01/05 12.0000
0004340547 O 11/01/35
0
10128918 286/286 F 266,000.00 ZZ
360 265,658.47 1
8.2500 1998.37 95
7.4404 1998.37
EGG HARBOR TOWNJ 08234 1 10/13/05 36
0004340563 05 12/01/05 30.0000
0004340563 O 11/01/35
0
10128922 286/286 F 304,950.00 ZZ
360 304,495.94 1
7.5000 2132.26 95
6.6904 2132.26
XXXXXXXXXX XX 00000 1 10/06/05 36
0004345443 05 12/01/05 30.0000
0004345443 O 11/01/35
0
10128924 286/286 F 220,875.00 ZZ
360 220,546.11 1
7.5000 1544.40 95
6.6904 1544.40
XXXXX XXXXXX XX 00000 1 10/07/05 36
0004349256 05 12/01/05 30.0000
0004349256 O 11/01/35
0
10128930 286/286 F 231,371.00 ZZ
360 231,059.47 1
8.0000 1697.72 95
7.1904 1697.72
XXXXXXX XX 00000 1 10/17/05 36
0004356249 03 12/01/05 30.0000
0004356249 O 11/01/35
0
10128932 286/286 F 103,550.00 ZZ
360 103,159.29 1
8.0000 759.82 95
7.1904 759.82
XXXXXXX XX 00000 1 10/28/05 36
0004359076 05 12/01/05 30.0000
0004359076 O 11/01/35
0
10128934 286/286 F 351,500.00 ZZ
360 350,971.88 1
8.5000 2702.74 95
7.6904 2702.74
XXXXX XXXX XX 00000 1 10/14/05 36
0004359295 05 12/01/05 30.0000
0004359295 O 11/01/35
0
10128936 286/286 F 84,330.00 ZZ
360 84,219.29 1
8.1250 626.15 90
7.3154 626.15
XXXXXXXXXX XX 00000 1 10/25/05 36
0004359349 05 12/01/05 25.0000
0004359349 O 11/01/35
0
10128940 286/286 F 285,000.00 ZZ
360 284,644.47 2
8.3750 2166.21 95
7.5654 2166.21
XXXX XX 00000 1 10/06/05 36
0004361663 05 12/01/05 30.0000
0004361663 O 11/01/35
0
10128944 286/286 F 489,250.00 ZZ
360 488,655.12 1
8.5000 3761.91 95
7.6904 3761.91
SPRINGFIELD TWMI 48348 1 10/31/05 36
0004364270 01 12/01/05 30.0000
0004364270 O 11/01/35
0
10128946 286/286 F 298,200.00 ZZ
360 297,808.54 1
8.1250 2214.13 95
7.3154 2214.13
XXXXXX XX 00000 1 10/24/05 36
0004364279 03 12/01/05 30.0000
0004364279 O 11/01/35
0
10128948 286/286 F 109,250.00 ZZ
360 109,102.89 1
8.0000 801.64 95
7.1904 801.64
XXXXXXX XX 00000 1 10/13/05 36
0004369231 05 12/01/05 30.0000
0004369231 O 11/01/35
0
10128950 286/286 F 182,700.00 ZZ
360 182,472.07 1
8.3750 1388.66 90
7.5654 1388.66
XXXXXX XX 00000 5 10/10/05 36
0004369865 05 12/01/05 25.0000
0004369865 O 11/01/35
0
10128952 286/286 F 113,900.00 ZZ
360 113,744.89 1
8.8750 906.24 95
8.0654 906.24
XXXXXXXXX XX 00000 1 10/12/05 36
0004372084 05 12/01/05 30.0000
0004372084 O 11/01/35
0
10128956 286/286 F 194,750.00 ZZ
360 194,487.77 1
8.0000 1429.01 95
7.1904 1429.01
XXXXXXXX XXXXXXX 00000 1 10/31/05 36
0004374082 05 12/01/05 30.0000
0004374082 O 11/01/35
0
10128958 286/286 F 55,950.00 ZZ
360 55,883.68 1
8.6250 435.18 95
7.8154 435.18
XXXXXXXXXX XX 00000 1 10/24/05 36
0004376381 05 12/01/05 30.0000
0004376381 O 11/01/35
0
10128960 286/286 F 235,800.00 ZZ
360 235,457.58 1
7.6250 1668.98 90
6.8154 1668.98
XXXXX XXXX XX 00000 1 10/27/05 36
0004376647 05 12/01/05 25.0000
0004376647 O 11/01/35
0
10128962 286/286 F 388,000.00 ZZ
360 387,515.97 1
8.3750 2949.09 95
7.5654 2949.09
XXXXXXXXXX XX 00000 1 10/05/05 36
0004380023 01 12/01/05 30.0000
0004380023 O 11/01/35
0
10128964 286/286 F 399,000.00 ZZ
360 398,405.91 1
7.5000 2789.87 95
6.6904 2789.87
XXXXXXXXX XX 00000 1 10/27/05 36
0004380931 05 12/01/05 30.0000
0004380931 O 11/01/35
0
10128968 286/286 F 223,250.00 ZZ
360 222,949.40 1
8.0000 1638.13 95
7.1904 1638.13
XXXXXXXX XXXX XX 00000 1 10/19/05 36
0004381270 05 12/01/05 30.0000
0004381270 O 11/01/35
0
10128972 286/286 F 495,000.00 ZZ
360 494,428.34 1
8.7500 3894.17 90
7.9404 3894.17
XXXXX XX 00000 1 10/27/05 36
0004381986 03 12/01/05 25.0000
0004381986 O 11/01/35
0
10128974 286/286 F 460,750.00 ZZ
360 460,097.52 1
7.7500 3300.87 95
6.9404 3300.87
XXXXXXXX XX 00000 1 10/13/05 36
0004387816 05 12/01/05 25.0000
0004387816 O 11/01/35
0
10128976 286/286 F 641,250.00 ZZ
360 640,490.08 1
8.6250 4987.58 90
7.8154 4987.58
XXXXXXXX XX 00000 1 10/27/05 36
0004390381 01 12/01/05 25.0000
0004390381 O 11/01/35
0
10128978 286/286 F 192,900.00 ZZ
360 192,640.26 1
8.0000 1415.44 95
7.1904 1415.44
XXXXXXXX XXXXXXX 00000 1 10/10/05 36
0004391089 05 12/01/05 30.0000
0004391089 O 11/01/35
0
10128980 286/286 F 81,900.00 T
360 81,795.18 1
8.2500 615.29 90
7.4404 615.29
XXXXXX XX 00000 2 10/20/05 36
0004392619 05 12/01/05 25.0000
0004392619 O 11/01/35
0
10136913 E22/G02 F 58,300.00 ZZ
360 58,102.39 1
6.8750 382.99 100
6.6250 382.99
XXXXX XX 00000 1 08/31/05 10
0425166105 05 10/01/05 35.0000
0425166105 O 09/01/35
0
10165678 286/286 F 345,500.00 ZZ
360 345,179.99 1
6.3750 2155.48 80
6.1250 2155.48
XXXXXXXXXXX XX 00000 1 11/10/05 00
0003820229 05 01/01/06 0.0000
0003820229 O 12/01/35
0
10165680 286/286 F 146,740.00 ZZ
360 146,002.22 1
6.0000 879.79 80
5.7500 879.79
XXXXXXXXXXX XX 00000 1 07/29/05 00
0004148098 03 09/01/05 0.0000
0004148098 N 08/01/35
0
10165682 286/286 F 100,500.00 ZZ
360 99,960.55 2
6.6250 643.52 78
6.3750 643.52
XXXXXXX XX 00000 2 06/28/05 00
0004202040 05 08/01/05 0.0000
0004202040 N 07/01/35
0
10165684 286/286 F 63,900.00 ZZ
360 63,778.41 1
6.2500 393.45 90
6.0000 393.45
XXXXXXX XXXXXXXX 00000 1 10/03/05 01
0004267579 05 12/01/05 25.0000
0004267579 N 11/01/35
0
10165686 286/286 F 123,922.00 ZZ
360 123,341.95 1
6.3750 773.12 80
6.1250 773.12
XXX XXXX XX 00000 1 07/06/05 00
0004285246 01 09/01/05 0.0000
0004285246 O 08/01/35
0
10165690 286/286 F 148,000.00 ZZ
360 147,738.10 1
6.6250 947.67 80
6.3750 947.67
XXXX XX 00000 1 10/31/05 00
0004335326 05 12/01/05 0.0000
0004335326 O 11/01/35
0
10165692 286/286 F 64,800.00 ZZ
360 64,667.54 1
5.8750 383.32 90
5.6250 383.32
XXXXXXXXX XX 00000 5 10/17/05 01
0000000000 05 12/01/05 30.0000
0000000000 O 11/01/35
0
10165694 286/286 F 285,000.00 ZZ
360 284,729.57 1
6.2500 1754.80 75
6.0000 1754.80
XXXXX XXX XX 00000 5 10/27/05 00
0004339716 01 01/01/06 0.0000
0004339716 N 12/01/35
0
10165696 286/286 F 171,350.00 ZZ
360 170,859.68 1
6.2500 1055.04 80
6.0000 1055.04
XXXXXXXXXXX XX 00000 1 09/28/05 00
0000000000 03 11/01/05 0.0000
0000000000 N 10/01/35
0
10165698 286/286 F 344,000.00 ZZ
360 343,681.38 1
6.3750 2146.12 80
6.1250 2146.12
XXXXXXXXX XXXXXX 00000 2 11/04/05 00
0004340326 05 01/01/06 0.0000
0004340326 O 12/01/35
0
10165700 286/286 F 66,405.00 ZZ
360 66,284.60 1
6.5000 419.73 95
6.2500 419.73
XXXXXXXXXX XX 00000 1 10/31/05 01
0004345350 05 12/01/05 35.0000
0004345350 O 11/01/35
0
10165702 286/286 F 206,622.00 ZZ
360 205,793.01 1
6.0000 1238.81 80
5.7500 1238.81
XXXXXXXX XX 00000 1 08/19/05 00
0004347755 01 10/01/05 0.0000
0004347755 O 09/01/35
0
10165706 286/286 F 124,900.00 ZZ
360 124,335.87 1
5.8750 738.84 79
5.6250 738.84
XXXX XX 00000 1 08/03/05 00
0004349810 03 10/01/05 0.0000
0004349810 O 09/01/35
0
10165710 286/286 F 62,000.00 ZZ
360 61,846.00 1
6.3750 386.80 80
6.1250 386.80
XXXXX XXXXX XX 00000 1 10/26/05 00
0004358447 09 12/01/05 0.0000
0004358447 N 11/01/35
0
10165714 286/286 F 50,000.00 ZZ
360 49,904.87 1
6.2500 307.86 74
6.0000 307.86
XXXXXXX XX 00000 2 10/04/05 00
0004363306 05 12/01/05 0.0000
0004363306 N 11/01/35
0
10165716 286/286 F 62,608.00 ZZ
360 62,497.21 1
6.6250 400.89 80
6.3750 400.89
XXXXXXXX XX 00000 1 10/28/05 00
0004364255 05 12/01/05 0.0000
0004364255 O 11/01/35
0
10165718 286/286 F 142,400.00 T
360 142,141.83 1
6.5000 900.07 80
6.2500 900.07
XXXX XXXXX XX 00000 5 10/07/05 00
0004370429 05 12/01/05 0.0000
0004370429 O 11/01/35
0
10165722 286/286 F 50,000.00 ZZ
360 49,765.94 1
6.3750 311.94 67
6.1250 311.94
XXXXXXX XX 00000 5 07/18/05 00
0004371136 01 09/01/05 0.0000
0004371136 O 08/01/35
0
10165724 286/286 F 252,000.00 ZZ
360 251,519.69 1
6.2500 1551.61 80
6.0000 1551.61
XXXXXX XX 00000 2 10/24/05 00
0004371766 05 12/01/05 0.0000
0004371766 O 11/01/35
0
10165726 286/286 F 352,000.00 ZZ
360 351,681.79 1
6.5000 2224.88 80
6.2500 2224.88
XXXXXXXXXXX XX 00000 2 11/01/05 00
0004373290 05 01/01/06 0.0000
0004373290 O 12/01/35
0
10165740 286/286 F 320,800.00 ZZ
360 320,259.43 1
6.8750 2107.43 80
6.6250 2107.43
XXXXXX XX 00000 1 10/28/05 00
0004379533 05 12/01/05 0.0000
0004379533 N 11/01/35
0
10165742 286/286 F 165,750.00 ZZ
348 165,433.23 1
6.6250 1073.03 79
6.3750 1073.03
XXXXXX XX 00000 2 10/24/05 00
0004381791 05 12/01/05 0.0000
0004381791 O 11/01/34
0
10165750 286/286 F 108,000.00 ZZ
360 107,822.42 1
7.0000 718.53 80
6.7500 718.53
XX XXXXXX XX 00000 1 10/28/05 00
0004383328 05 12/01/05 0.0000
0004383328 N 11/01/35
0
10165754 286/286 F 216,000.00 ZZ
360 215,536.08 1
5.8750 1277.73 80
5.6250 1277.73
XXX XXXXX XX 00000 1 10/21/05 00
0004385192 01 12/01/05 0.0000
0004385192 O 11/01/35
0
10165756 286/286 F 359,650.00 ZZ
360 358,932.13 1
6.0000 2156.29 80
5.7500 2156.29
XXXXXX XX 00000 5 10/24/05 00
0004385468 05 12/01/05 0.0000
0004385468 O 11/01/35
0
10165760 286/286 F 50,000.00 ZZ
360 49,957.99 1
6.8750 328.47 80
6.6250 328.47
XXXXXXXX XX 00000 1 11/08/05 00
0004391347 05 01/01/06 0.0000
0004391347 N 12/01/35
0
10165764 286/286 F 120,000.00 ZZ
360 119,777.11 1
6.3750 748.65 80
6.1250 748.65
XXXX XXXXXX XX 00000 2 10/24/05 00
0004391389 01 12/01/05 0.0000
0004391389 N 11/01/35
0
10165768 286/286 F 57,500.00 ZZ
360 57,421.55 1
6.5000 363.44 78
6.2500 363.44
XXXXXXX XX 00000 1 11/03/05 00
0004393014 05 01/01/06 0.0000
0004393014 O 12/01/35
0
10165776 286/286 F 107,600.00 ZZ
360 107,395.26 1
6.2500 662.52 80
6.0000 662.52
XXXXXXXXXX XX 00000 1 10/27/05 00
0004398328 05 12/01/05 0.0000
0004398328 O 11/01/35
0
10165784 286/286 F 63,000.00 ZZ
360 62,893.83 1
6.8750 413.87 90
6.6250 413.87
XXXXXXXXXX XX 00000 1 10/31/05 01
0004399492 07 12/01/05 25.0000
0004399492 N 11/01/35
0
10165786 286/286 F 295,000.00 ZZ
360 294,720.09 1
6.2500 1816.37 78
6.0000 1816.37
XXXXXXX XX 00000 1 11/01/05 00
0004400508 05 01/01/06 0.0000
0004400508 N 12/01/35
0
10165788 286/286 F 262,400.00 ZZ
360 261,863.63 1
5.8750 1552.20 78
5.6250 1552.20
XXXXXXX XX 00000 5 10/17/05 00
0004400625 03 12/01/05 0.0000
0004400625 O 11/01/35
0
10165792 286/286 F 691,600.00 ZZ
360 690,434.59 4
6.8750 4543.33 62
6.6250 4543.33
XXXX XXXX XX 00000 1 10/21/05 00
0004401125 05 12/01/05 0.0000
0004401125 N 11/01/35
0
10165796 286/286 F 99,450.00 ZZ
360 99,253.60 1
6.8750 653.32 90
6.6250 653.32
XXXXXXX XX 00000 1 10/24/05 10
0004402590 01 12/01/05 10.0000
0004402590 N 11/01/35
0
10165800 286/286 F 320,000.00 ZZ
360 319,419.86 1
6.5000 2022.62 80
6.2500 2022.62
XXXXXX XX 00000 5 10/25/05 00
0004403376 05 12/01/05 0.0000
0004403376 O 11/01/35
0
10165802 286/286 F 202,500.00 ZZ
360 202,091.87 1
6.8750 1330.29 90
6.6250 1330.29
DESERT HOT SPRCA 92240 1 10/24/05 01
0004404820 05 12/01/05 25.0000
0004404820 N 11/01/35
0
10165804 286/286 F 288,000.00 ZZ
360 287,257.20 1
5.7500 1680.69 80
5.5000 1680.69
XXXXXXX XX 00000 1 10/31/05 00
0004404950 05 12/01/05 0.0000
0004404950 O 11/01/35
0
10165810 286/286 F 492,000.00 ZZ
360 491,498.38 4
5.8750 2910.37 66
5.6250 2910.37
XXX XXXXXXX XX 00000 5 10/31/05 00
0000000000 05 01/01/06 0.0000
0000000000 O 12/01/35
0
10165812 286/286 F 288,000.00 ZZ
360 287,490.40 1
6.6250 1844.10 80
6.3750 1844.10
XXXXXXXX XX 00000 5 10/27/05 00
0004412682 05 12/01/05 0.0000
0004412682 O 11/01/35
0
10165814 286/286 F 592,000.00 ZZ
360 591,477.68 4
6.6250 3790.65 80
6.3750 3790.65
XXXXXXX XX 00000 2 11/07/05 00
0004414091 03 01/01/06 0.0000
0004414091 N 12/01/35
0
10165818 286/286 F 288,000.00 T
360 287,752.03 1
6.7500 1867.97 80
6.5000 1867.97
XXXXXXXXXX XX 00000 5 11/01/05 00
0000000000 05 01/01/06 0.0000
0000000000 O 12/01/35
0
10165822 286/286 F 288,000.00 ZZ
360 287,726.73 1
6.2500 1773.27 80
6.0000 1773.27
XXXXXX XX 00000 1 11/11/05 00
0004420835 05 01/01/06 0.0000
0004420835 O 12/01/35
0
10168671 E22/G02 F 212,000.00 ZZ
360 211,500.86 1
7.2500 1446.21 80
7.0000 1446.21
XXXXXXXX XX 00000 5 09/16/05 00
0425352432 05 11/01/05 0.0000
0425352432 O 10/01/35
0
10169365 588/G02 F 110,000.00 ZZ
360 109,608.08 2
6.6250 704.34 74
6.3750 704.34
XXXXXXXXX XXXXXX 00000 1 08/26/05 00
0440082816 05 10/01/05 0.0000
1153717 O 09/01/35
0
10170060 944/G02 F 300,000.00 ZZ
360 299,386.78 1
5.8750 1774.61 60
5.6250 1774.61
XXXXX XXXXX XX 00000 5 10/31/05 00
0440578870 05 12/01/05 0.0000
1001851295 N 11/01/35
0
10170080 944/G02 F 185,000.00 T
360 184,828.65 1
6.3750 1154.16 65
6.1250 1154.16
XXXX XXXXX XX 00000 5 11/16/05 00
0440579944 05 01/01/06 0.0000
1001853023 O 12/01/35
0
10170088 944/G02 F 359,650.00 ZZ
360 359,300.44 1
6.1250 2185.27 48
5.8750 2185.27
XXX XXXX XX 00000 5 11/01/05 00
0440579498 05 01/01/06 0.0000
1001854160 O 12/01/35
0
10170096 944/G02 F 55,900.00 ZZ
360 55,843.01 1
5.8750 330.67 42
5.6250 330.67
XXXX XXXXXX XXXX 00000 5 11/02/05 00
0440579456 05 01/01/06 0.0000
1001854450 O 12/01/35
0
10170104 944/G02 F 75,000.00 ZZ
360 74,935.43 1
6.7500 486.45 43
6.5000 486.45
XXXXXXXXX XX 00000 1 11/01/05 00
0440579910 03 01/01/06 0.0000
1001854845 O 12/01/35
0
10170110 944/G02 F 162,500.00 ZZ
360 162,330.33 1
5.7500 948.31 67
5.5000 948.31
XXXXXX XX 00000 5 11/03/05 00
0440579423 05 01/01/06 0.0000
1001855204 O 12/01/35
0
10170112 944/G02 F 131,000.00 ZZ
360 130,878.67 1
6.3750 817.27 77
6.1250 817.27
XXXXXXXXXXXXX XX 00000 2 11/10/05 00
0440579233 05 01/01/06 0.0000
1001855211 O 12/01/35
0
10170114 944/G02 F 400,000.00 ZZ
360 399,582.38 1
5.7500 2334.29 71
5.5000 2334.29
XXXXXXXXX XX 00000 5 11/11/05 00
0440591592 05 01/01/06 0.0000
1001855335 O 12/01/35
0
10170116 944/G02 F 346,000.00 ZZ
360 345,671.70 1
6.2500 2130.38 56
6.0000 2130.38
XXXXXXX XX 00000 5 11/09/05 00
0440579928 05 01/01/06 0.0000
1001855339 O 12/01/35
0
10170120 944/G02 F 422,500.00 ZZ
360 422,127.24 1
6.6250 2705.31 65
6.3750 2705.31
XXXX XXXX XX 00000 5 11/08/05 00
0440579761 01 01/01/06 0.0000
1001855378 O 12/01/35
0
10170122 944/G02 F 605,000.00 ZZ
360 604,368.34 1
5.7500 3530.62 62
5.5000 3530.62
XXXXXX XX 00000 5 11/03/05 00
0440580579 05 01/01/06 0.0000
1001855461 O 12/01/35
0
10170124 944/G02 F 103,200.00 ZZ
360 103,108.95 1
6.6250 660.80 80
6.3750 660.80
XXXXX XX 00000 1 11/11/05 00
0440579985 01 01/01/06 0.0000
1001855477 O 12/01/35
0
10170126 944/G02 F 132,800.00 ZZ
360 132,570.68 1
6.7500 861.34 80
6.5000 861.34
XXXXXXXX XX 00000 1 11/04/05 00
0440579290 05 12/01/05 0.0000
1001855481 O 11/01/35
0
10170128 944/G02 F 400,000.00 ZZ
360 399,638.40 2
6.5000 2528.27 50
6.2500 2528.27
XXXXXX XXXXXX XX 00000 5 11/11/05 00
0440580124 03 01/01/06 0.0000
1001855723 O 12/01/35
0
10170567 E22/G02 F 144,000.00 T
360 143,616.74 1
6.6250 922.05 80
6.3750 922.05
XXXXX XXXXXX XX 00000 1 09/13/05 00
0425485281 09 11/01/05 0.0000
0425485281 O 10/01/35
0
10181343 E22/G02 F 42,750.00 ZZ
360 42,645.36 1
7.8750 309.97 75
7.6250 309.97
XXXXXXXX XX 00000 5 09/13/05 00
0425011335 05 11/01/05 0.0000
0425011335 N 10/01/35
0
10181345 E22/G02 F 61,600.00 ZZ
360 61,468.22 1
7.8750 446.64 80
7.6250 446.64
XXXXXXX XX 00000 2 09/13/05 00
0425011384 05 11/01/05 0.0000
0425011384 N 10/01/35
0
10181347 E22/G02 F 39,200.00 ZZ
360 39,101.03 1
7.1250 264.10 55
6.8750 264.10
XXXXXXX XX 00000 2 09/13/05 00
0425013778 05 11/01/05 0.0000
0425013778 N 10/01/35
0
10181355 E22/G02 F 69,000.00 ZZ
360 68,856.60 1
7.8750 500.30 75
7.6250 500.30
XXXXXXXX XX 00000 5 09/13/05 00
0425015963 05 11/01/05 0.0000
0425015963 N 10/01/35
0
10183531 E22/G02 F 166,500.00 ZZ
360 166,098.18 1
7.1250 1121.74 90
6.8750 1121.74
XXXX XXXXX XX 00000 1 09/28/05 10
0425401403 09 11/01/05 30.0000
0425401403 O 10/01/35
0
10184873 P60/G02 F 145,800.00 ZZ
360 145,402.43 2
6.5000 921.56 90
6.2500 921.56
XXXXXXXXX XX 00000 1 09/20/05 11
0440199214 05 11/01/05 25.0000
1310981220 N 10/01/35
0
10187228 A21/G02 F 380,000.00 ZZ
360 379,717.98 1
7.5000 2657.02 80
7.2500 2657.02
XXXX XXXXXXXXXXX 00000 1 11/15/05 00
0440678068 05 01/01/06 0.0000
0100137162 O 12/01/35
0
10187250 286/286 F 75,000.00 ZZ
360 74,945.71 1
7.6250 530.85 63
7.3750 530.85
XXXXXXX XX 00000 1 11/10/05 00
0000000000 05 01/01/06 0.0000
0000000000 O 12/01/35
0
10187292 286/286 F 50,000.00 ZZ
360 49,863.81 1
7.6250 353.90 23
7.3750 353.90
XXXXXXXXXX XX 00000 1 11/09/05 00
0004405445 05 01/01/06 0.0000
0004405445 O 12/01/35
0
10187294 286/286 F 45,500.00 ZZ
360 45,467.88 1
7.7500 325.97 80
7.5000 325.97
XXXXXXXXX XX 00000 1 11/23/05 00
0004405853 05 01/01/06 0.0000
0004405853 O 12/01/35
0
10187310 286/286 F 80,000.00 ZZ
360 79,935.67 1
7.6250 566.24 54
7.3750 566.24
XXXXXXX XXXX XX 00000 1 11/09/05 00
0004423853 05 01/01/06 0.0000
0004423853 O 12/01/35
0
10187322 286/286 F 87,000.00 ZZ
360 86,941.62 1
8.0000 638.38 54
7.7500 638.38
XXXXXXXXXXX XX 00000 1 11/22/05 00
0004439668 05 01/01/06 0.0000
0004439668 O 12/01/35
0
10187496 944/G02 F 275,000.00 ZZ
360 274,763.24 1
6.7500 1783.64 79
6.5000 1783.64
XXXXXX XX 00000 2 11/15/05 00
0440710150 05 01/01/06 0.0000
1001853455 O 12/01/35
0
10187945 E22/G02 F 60,800.00 ZZ
360 60,668.26 1
7.8750 440.84 80
7.6250 440.84
XXXXXXX XX 00000 2 09/13/05 00
0425011194 05 11/01/05 0.0000
0425011194 N 10/01/35
0
10188362 286/286 F 97,500.00 T
360 97,418.08 1
6.8750 640.51 75
6.6250 640.51
XXXXXX XX 00000 1 11/09/05 00
0004101713 05 01/01/06 0.0000
0004101713 O 12/01/35
0
10188374 286/286 F 52,700.00 ZZ
360 52,474.12 1
6.5000 333.10 85
6.2500 333.10
XXXXXXXXX XX 00000 1 08/10/05 01
0000000000 07 10/01/05 20.0000
0000000000 N 09/01/35
0
10188376 286/286 F 260,000.00 ZZ
360 258,919.87 1
7.0000 1729.79 80
6.7500 1729.79
XXXXXXX XXXX XX 00000 2 07/19/05 00
0000000000 05 09/01/05 0.0000
0000000000 O 08/01/35
0
10188378 286/286 F 60,000.00 ZZ
360 59,955.47 2
7.5000 419.53 80
7.2500 419.53
XXXXXXXXXX XX 00000 1 11/07/05 00
0004237575 05 01/01/06 0.0000
0004237575 N 12/01/35
0
10188388 286/286 F 63,200.00 ZZ
360 63,200.00 1
7.3750 388.42 80
7.1250 388.42
XXXXXXXXX XX 00000 5 11/22/05 00
0004256146 07 01/01/06 0.0000
0004256146 N 12/01/35
0
10188394 286/286 F 271,960.00 ZZ
360 271,960.00 1
6.2500 1416.46 80
6.0000 1416.46
XXXXXXXXX XX 00000 1 09/28/05 00
0004256290 05 11/01/05 0.0000
0004256290 O 10/01/35
0
10188408 286/286 F 234,150.00 ZZ
360 234,149.99 1
7.0000 1365.88 85
6.7500 1365.88
XXXXXXXX XX 00000 2 10/11/05 11
0004306691 05 12/01/05 20.0000
0004306691 N 11/01/35
0
10188412 286/286 F 240,000.00 ZZ
360 240,000.00 1
6.1250 1225.00 80
5.8750 1225.00
XXXXXXXX XXXXXXX 00000 1 09/16/05 00
0004325794 05 11/01/05 0.0000
0004325794 O 10/01/35
0
10188414 286/286 F 117,900.00 ZZ
360 117,900.00 1
6.8750 675.47 90
6.6250 675.47
XXXXXX XX 00000 1 09/15/05 01
0004329822 01 11/01/05 25.0000
0004329822 N 10/01/35
0
10188416 286/286 F 155,053.00 ZZ
360 154,587.59 1
6.0000 929.63 80
5.7500 929.63
XXXXXX XX 00000 1 09/29/05 00
0004331486 03 11/01/05 0.0000
0004331486 O 10/01/35
0
10188418 286/286 F 136,000.00 ZZ
360 135,600.00 1
6.3750 722.50 80
6.1250 722.50
XXXXXXXX XX 00000 5 09/26/05 00
0004331863 05 11/01/05 0.0000
0004331863 O 10/01/35
0
10188422 286/286 F 415,500.00 ZZ
360 415,500.00 1
7.1250 2467.03 68
6.8750 2467.03
XXX XXXXXX XX 00000 2 09/26/05 00
0004335723 05 11/01/05 0.0000
0004335723 N 10/01/35
0
10188428 286/286 F 160,000.00 ZZ
360 160,000.00 3
6.8750 916.67 80
6.6250 916.67
XXXXX XX 00000 2 09/21/05 00
0000000000 05 11/01/05 0.0000
0000000000 N 10/01/35
0
10188436 286/286 F 332,000.00 T
360 332,000.00 1
7.5000 2075.00 80
7.2500 2075.00
XXXXXXXX XX 00000 5 09/26/05 00
0004344940 05 11/01/05 0.0000
0004344940 O 10/01/35
0
10188442 286/286 F 520,000.00 ZZ
360 520,000.00 1
6.0000 2600.00 80
5.7500 2600.00
XXXXXXXX XX 00000 1 10/07/05 00
0004346267 01 12/01/05 0.0000
0004346267 O 11/01/35
0
10188446 286/286 F 450,000.00 ZZ
360 449,998.75 1
6.0000 2250.00 72
5.7500 2250.00
XXXXXXX XX 00000 5 09/27/05 00
0004350836 05 11/01/05 0.0000
0004350836 O 10/01/35
0
10188450 286/286 F 70,000.00 ZZ
316 69,771.63 1
7.1250 491.30 74
6.8750 491.30
XXXXXXXXX XX 00000 2 09/28/05 00
0004352077 05 11/01/05 0.0000
0004352077 N 02/01/32
0
10188464 286/286 F 62,250.00 ZZ
360 62,192.34 2
6.3750 388.36 75
6.1250 388.36
XXXXXXX XXXXX XX 00000 5 11/14/05 00
0004358924 05 01/01/06 0.0000
0004358924 N 12/01/35
0
10188466 286/286 F 52,100.00 ZZ
360 52,050.56 1
6.2500 320.79 75
6.0000 320.79
XXXXXXX XXXXX XX 00000 5 11/14/05 00
0004358973 05 01/01/06 0.0000
0004358973 N 12/01/35
0
10188468 286/286 F 209,084.00 ZZ
360 208,456.42 1
6.0000 1253.57 80
5.7500 1253.57
XXXXXXXXXXX XX 00000 1 09/21/05 00
0004363377 03 11/01/05 0.0000
0004363377 O 10/01/35
0
10188470 286/286 F 191,750.00 ZZ
360 191,129.74 1
6.1250 1165.10 80
5.8750 1165.10
XXXX XX 00000 1 09/26/05 00
0004363423 03 11/01/05 0.0000
0004363423 O 10/01/35
0
10188476 286/286 F 284,000.00 ZZ
360 284,000.00 1
6.0000 1420.00 59
5.7500 1420.00
XXXXXX XXXXXXXXX 00000 5 10/07/05 00
0004366740 05 12/01/05 0.0000
0004366740 O 11/01/35
0
10188482 286/286 F 275,400.00 ZZ
360 275,400.00 1
6.1250 1405.69 87
5.8750 1405.69
XXXXXXXX XX 00000 1 10/13/05 11
0004368982 05 12/01/05 12.0000
0004368982 O 11/01/35
0
10188492 286/286 F 281,250.00 ZZ
360 281,250.00 1
7.5000 1757.81 75
7.2500 1757.81
XXXXXXX XX 00000 1 10/11/05 00
0004372330 05 12/01/05 0.0000
0004372330 O 11/01/35
0
10188498 286/286 F 204,000.00 ZZ
360 203,482.88 1
6.8750 1340.14 80
6.6250 1340.14
XXXXXX XX 00000 1 09/30/05 00
0004373552 05 11/01/05 0.0000
0004373552 O 10/01/35
0
10188502 286/286 F 191,920.00 ZZ
360 191,920.00 1
6.6250 1059.56 80
6.3750 1059.56
XXXXXXXXX XX 00000 1 10/20/05 00
0004374409 03 12/01/05 0.0000
0004374409 O 11/01/35
0
10188510 286/286 F 120,000.00 ZZ
360 120,000.00 1
6.3750 637.50 80
6.1250 637.50
XXXXXXXX XX 00000 1 10/28/05 00
0004379138 05 12/01/05 0.0000
0004379138 N 11/01/35
0
10188748 286/286 F 38,700.00 ZZ
360 38,665.01 1
6.5000 244.62 90
6.2500 244.62
XXXXXXXXXX XX 00000 1 11/17/05 01
0004381078 07 01/01/06 25.0000
0004381078 N 12/01/35
0
10188760 286/286 F 202,500.00 ZZ
360 202,334.01 3
7.0000 1347.24 90
6.7500 1347.24
XX XXXXXX XX 00000 1 11/21/05 01
0004381700 05 01/01/06 25.0000
0004381700 N 12/01/35
0
10188774 286/286 F 148,800.00 ZZ
360 148,743.09 1
6.8750 852.50 80
6.6250 852.50
XXXXXXXXX XX 00000 1 10/14/05 00
0004385679 01 12/01/05 0.0000
0004385679 O 11/01/35
0
10188776 286/286 F 47,250.00 ZZ
360 47,211.26 1
7.0000 314.36 90
6.7500 314.36
XXXXXXXXX XX 00000 1 11/07/05 01
0004385739 07 01/01/06 25.0000
0004385739 N 12/01/35
0
10188782 286/286 F 278,000.00 ZZ
360 278,000.00 1
6.5000 1505.83 80
6.2500 1505.83
XXXXXXXXXXX XX 00000 5 10/25/05 00
0004386390 05 12/01/05 0.0000
0004386390 O 11/01/35
0
10188787 E22/G02 F 76,000.00 ZZ
360 75,792.26 1
6.8750 499.27 80
6.6250 499.27
XXXXXXX XX 00000 5 09/26/05 00
0425668860 05 11/01/05 0.0000
0425668860 O 10/01/35
0
10188788 286/286 F 612,000.00 ZZ
360 612,000.00 1
7.1250 3633.75 80
6.8750 3633.75
XXXXXXX XX 00000 2 10/25/05 00
0004387874 03 12/01/05 0.0000
0004387874 O 11/01/35
0
10188796 286/286 F 116,000.00 T
360 115,967.98 1
6.6250 640.42 80
6.3750 640.42
XXXXX X XXXXX XX 00000 1 11/01/05 00
0004388380 05 01/01/06 0.0000
0004388380 O 12/01/35
0
10188798 286/286 F 40,150.00 ZZ
360 40,118.67 1
7.2500 273.90 90
7.0000 273.90
XXXXXXXXX XX 00000 1 11/14/05 01
0004388664 07 01/01/06 25.0000
0004388664 N 12/01/35
0
10188814 286/286 F 88,800.00 ZZ
360 88,708.75 1
6.8750 583.36 80
6.6250 583.36
XXXXXX XX 00000 2 11/14/05 00
0004392528 05 01/01/06 0.0000
0004392528 O 12/01/35
0
10188836 286/286 F 317,000.00 ZZ
360 317,000.00 1
6.7500 1783.13 77
6.5000 1783.13
XXXXXXX XX 00000 1 10/21/05 00
0004396281 05 12/01/05 0.0000
0004396281 N 11/01/35
0
10188860 286/286 F 68,500.00 ZZ
360 68,443.84 1
7.0000 455.74 77
6.7500 455.74
XXXXXXXXX XX 00000 2 11/10/05 00
0004399870 05 01/01/06 0.0000
0004399870 N 12/01/35
0
10188872 286/286 F 431,250.00 ZZ
360 430,887.69 1
6.8750 2470.70 75
6.6250 2470.70
XXXXXXX XX 00000 5 10/27/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10188892 286/286 F 461,250.00 ZZ
360 461,249.99 1
7.0000 2690.63 75
6.7500 2690.63
XXXXX XX 00000 2 11/08/05 00
0004404986 03 01/01/06 0.0000
0004404986 O 12/01/35
0
10188902 286/286 F 255,200.00 ZZ
360 255,010.60 1
7.5000 1784.40 80
7.2500 1784.40
XXXX XXXXXX XX 00000 1 10/28/05 00
0004407027 03 01/01/06 0.0000
0004407027 N 12/01/35
0
10188915 E22/G02 F 102,000.00 ZZ
360 101,747.70 1
7.0000 678.61 80
6.7500 678.61
XXXXXXXXX XX 00000 1 09/30/05 00
0425727179 07 11/01/05 0.0000
0425727179 O 10/01/35
0
10188959 E22/G02 F 111,200.00 ZZ
360 110,896.78 1
6.5000 702.86 80
6.2500 702.86
XXXXX XX 00000 1 09/30/05 00
0425752177 09 11/01/05 0.0000
0425752177 O 10/01/35
0
10190450 286/286 F 62,100.00 ZZ
360 62,042.48 1
6.3750 387.43 63
6.1250 387.43
XXXXXXXXXXX XX 00000 1 11/17/05 00
0004408517 05 01/01/06 0.0000
0004408517 O 12/01/35
0
10190452 286/286 F 60,000.00 T
240 59,847.50 1
6.2500 438.56 39
6.0000 438.56
XXXXXXXXX XX 00000 5 11/08/05 00
0004408527 05 01/01/06 0.0000
0004408527 O 12/01/25
0
10190482 286/286 F 282,550.00 T
360 282,288.30 1
6.3750 1762.75 80
6.1250 1762.75
XXXXXX XX 00000 1 11/10/05 00
0004411120 03 01/01/06 0.0000
0004411120 O 12/01/35
0
10190496 286/286 F 69,700.00 ZZ
360 69,642.86 1
7.0000 463.72 85
6.7500 463.72
XXXXXXX XX 00000 1 11/01/05 01
0004412013 05 01/01/06 25.0000
0004412013 N 12/01/35
0
10190514 286/286 F 457,600.00 ZZ
360 457,600.00 1
6.8750 2621.67 80
6.6250 2621.67
XXXXXXXX XX 00000 5 10/27/05 00
0004414978 05 12/01/05 0.0000
0004414978 O 11/01/35
0
10190524 286/286 F 59,920.00 ZZ
360 59,868.41 1
6.7500 388.64 80
6.5000 388.64
XXXXXX XX 00000 1 11/16/05 00
0004415703 05 01/01/06 0.0000
0004415703 N 12/01/35
0
10190596 286/286 F 47,200.00 ZZ
360 47,163.18 1
7.2500 321.99 80
7.0000 321.99
XXXXXXXXXXX XX 00000 5 11/14/05 00
0004426563 05 01/01/06 0.0000
0004426563 N 12/01/35
0
10190668 286/286 F 73,100.00 ZZ
240 72,955.36 1
6.7500 555.83 74
6.5000 555.83
XXXXXXXXX XXXXXX 00000 2 11/16/05 00
0004428408 05 01/01/06 0.0000
0004428408 O 12/01/25
0
10190692 286/286 F 40,000.00 ZZ
360 39,972.47 1
7.8750 290.03 80
7.6250 290.03
XXXXXXXXX XX 00000 1 11/11/05 00
0004431592 07 01/01/06 0.0000
0004431592 N 12/01/35
0
10190734 286/286 F 148,520.00 ZZ
360 148,520.00 1
7.1250 881.84 80
6.8750 881.84
XXXXXXX ESTATEIL 60195 1 11/22/05 00
0004438154 01 01/01/06 0.0000
0004438154 N 12/01/35
0
10190740 286/286 F 81,520.00 ZZ
360 81,451.51 1
6.8750 535.53 80
6.6250 535.53
XXXXXXX XX 00000 1 11/21/05 00
0004441075 05 01/01/06 0.0000
0004441075 O 12/01/35
0
10196619 168/168 F 213,400.00 ZZ
360 212,349.10 1
6.5000 1348.84 80
6.2500 1348.84
XXXXXXX XX 00000 1 08/29/05 00
0569819857 03 10/01/05 0.0000
0569819857 O 09/01/35
0
10200773 E22/G02 F 133,600.00 ZZ
360 133,369.29 2
6.7500 866.53 80
6.5000 866.53
XXXXXXXXXX XX 00000 1 10/07/05 00
0425366838 05 12/01/05 0.0000
0425366838 O 11/01/35
0
10201173 E22/G01 F 82,500.00 ZZ
360 82,331.36 1
5.8750 488.02 67
5.6250 488.02
BLACK XXXXX XX 00000 5 10/03/05 00
0425599024 05 12/01/05 0.0000
0425599024 O 11/01/35
0
10207859 E22/G02 F 121,400.00 ZZ
360 121,223.72 1
7.6250 859.26 90
7.3750 859.26
XXXXX XXXXX XX 00000 1 10/12/05 04
0425566106 05 12/01/05 25.0000
0425566106 N 11/01/35
0
10212492 X78/G02 F 116,000.00 ZZ
360 115,911.74 1
7.3750 801.18 80
7.1250 801.18
XXXXXXX XX 00000 2 11/30/05 00
0440695500 05 01/01/06 0.0000
991538 O 12/01/35
0
10213495 Z74/G02 F 85,200.00 ZZ
360 85,056.73 2
7.0000 566.84 80
6.7500 566.84
XXXXX XXXXXXX XX 00000 1 10/13/05 00
0440313484 05 12/01/05 0.0000
01048858 O 11/01/35
0
10217833 225/225 F 341,100.00 ZZ
360 340,480.40 2
6.8750 2240.79 90
6.6250 2240.79
XXXXXXXX XX 00000 1 10/05/05 12
005772491 05 12/01/05 25.0000
005772491 O 11/01/35
0
10217955 225/225 F 141,500.00 ZZ
360 141,166.85 2
7.2500 965.28 95
7.0000 965.28
XXXXXX XX 00000 1 09/09/05 12
003932065 05 11/01/05 30.0000
003932065 O 10/01/35
0
10221192 696/G02 F 492,300.00 ZZ
360 491,407.50 1
6.5000 3111.67 80
6.2500 3111.67
XXXXXXXXXX XX 00000 1 10/24/05 00
0440630762 03 12/01/05 0.0000
23305077 O 11/01/35
0
10223527 168/168 F 350,000.00 ZZ
360 348,974.24 2
6.1250 2126.64 78
5.8750 2126.64
XXXXXX XX 00000 1 09/28/05 00
0569945615 05 11/01/05 0.0000
0569945615 O 10/01/35
0
10223639 168/168 F 650,000.00 ZZ
360 648,821.58 2
6.5000 4108.45 80
6.2500 4108.45
XXXXX XXXXXX XX 00000 1 10/06/05 00
0569732042 05 12/01/05 0.0000
0569732042 O 11/01/35
0
10223678 696/G02 F 58,700.00 ZZ
360 58,649.46 1
6.7500 380.73 08
6.5000 380.73
XXXXXXXXXX XX 00000 2 12/01/05 00
0440673853 05 01/01/06 0.0000
31205399 N 12/01/35
0
10223913 E22/G02 F 52,200.00 ZZ
360 52,127.91 1
7.8750 378.49 90
7.6250 378.49
XXXXXXXXXX XX 00000 1 10/25/05 10
0425663275 07 12/01/05 25.0000
0425663275 N 11/01/35
0
10225729 E22/G01 F 192,000.00 ZZ
360 191,616.76 1
6.0000 1151.14 48
5.7500 1151.14
XXXXX XX 00000 5 10/21/05 00
0425793072 05 12/01/05 0.0000
0425793072 O 11/01/35
0
10226345 369/G02 F 92,700.00 ZZ
360 92,476.28 1
7.1250 624.54 90
6.8750 624.54
XXXXXXXXXXXX XX 00000 1 09/30/05 10
0440323244 07 11/01/05 25.0000
79831798 O 10/01/35
0
10226429 369/G02 F 70,000.00 ZZ
360 69,835.20 2
7.2500 477.52 75
7.0000 477.52
XXXXXX XX 00000 1 09/23/05 00
0440320794 05 11/01/05 0.0000
80092000 O 10/01/35
0
10228343 E22/G01 F 184,000.00 ZZ
360 183,666.42 1
6.5000 1163.01 80
6.2500 1163.01
XXXXXXXXX XX 00000 1 10/27/05 00
0425750684 03 12/01/05 0.0000
0425750684 O 11/01/35
0
10228597 E82/G02 F 136,000.00 TX
360 135,768.67 1
6.8750 893.42 80
6.6250 893.42
XXXXXXXX XXXX XX 00000 5 10/25/05 00
0401164579 03 12/01/05 0.0000
0401164579 O 11/01/35
0
10230046 196/G02 F 584,000.00 ZZ
360 583,459.09 1
6.3750 3643.41 80
6.1250 3643.41
XXXXXX XXXX XX 00000 1 11/21/05 00
0440710499 03 01/01/06 0.0000
6506391 O 12/01/35
0
10230054 196/G02 F 820,000.00 ZZ
360 819,311.10 1
6.8750 5386.82 75
6.6250 5386.82
XXXXXXXX XXXXXXX 00000 2 11/10/05 00
0440712198 05 01/01/06 0.0000
6507487 O 12/01/35
0
10230058 196/G02 F 425,000.00 ZZ
360 424,566.69 1
5.8750 2514.04 65
5.6250 2514.04
XXXXXX XXXXXXXXX 00000 5 11/01/05 00
0440710655 05 01/01/06 0.0000
6507627 O 12/01/35
0
10230062 196/G02 F 455,000.00 ZZ
360 454,636.14 1
7.1250 3065.42 65
6.8750 3065.42
XXXXXX XXXX XX 00000 1 11/30/05 00
0440710622 05 01/01/06 0.0000
6507708 O 12/01/35
0
10230074 196/G02 F 434,000.00 ZZ
360 433,626.33 1
6.7500 2814.92 83
6.5000 2814.92
XXXXXX XX 00000 1 11/18/05 14
0440713006 05 01/01/06 12.0000
6508250 O 12/01/35
0
10230076 196/G02 F 421,200.00 ZZ
360 420,809.88 1
6.3750 2627.75 76
6.1250 2627.75
XXX XXXX XX 00000 4 11/18/05 00
0440707263 05 01/01/06 0.0000
6750556 O 12/01/35
0
10230204 196/G02 F 100,000.00 TX
360 99,818.71 1
6.5000 632.07 56
6.2500 632.07
XXXX XXXXX XX 00000 5 10/12/05 00
0440714731 03 12/01/05 0.0000
6506033 O 11/01/35
0
10230206 196/G02 F 105,750.00 ZZ
360 105,553.34 1
6.3750 659.74 75
6.1250 659.74
XXXXXXXXX XX 00000 1 10/21/05 00
0440715712 29 12/01/05 0.0000
6506257 N 11/01/35
0
10230210 196/G02 F 295,000.00 ZZ
360 294,425.08 1
6.1250 1792.46 49
5.8750 1792.46
XXXXXX XX 00000 5 10/26/05 00
0440712461 05 12/01/05 0.0000
6506423 O 11/01/35
0
10230212 196/G02 F 156,000.00 ZZ
360 155,855.51 1
6.3750 973.24 45
6.1250 973.24
XXXXXX XXXXXX XX 00000 5 11/11/05 00
0440703759 05 01/01/06 0.0000
6507203 O 12/01/35
0
10230214 196/G02 F 117,500.00 ZZ
360 117,391.17 1
6.3750 733.05 61
6.1250 733.05
XXXXX XXXXXX XX 00000 1 11/10/05 00
0440713642 01 01/01/06 0.0000
6507235 N 12/01/35
0
10230216 196/G02 F 252,000.00 ZZ
360 251,760.89 1
6.2500 1551.61 50
6.0000 1551.61
XXXXXXXX XXXXXXX 00000 5 11/18/05 00
0440714855 05 01/01/06 0.0000
6507293 N 12/01/35
0
10230218 196/G02 F 300,000.00 ZZ
360 299,701.34 1
6.0000 1798.66 62
5.7500 1798.66
XXXXXXXX XX 00000 5 11/04/05 00
0440714418 05 01/01/06 0.0000
6507295 O 12/01/35
0
10230224 196/G02 F 312,000.00 ZZ
360 311,711.02 1
6.3750 1946.48 65
6.1250 1946.48
XXXXXXX XX 00000 5 11/04/05 00
0440713782 05 01/01/06 0.0000
6507471 O 12/01/35
0
10230226 196/G02 F 83,700.00 ZZ
360 83,639.41 1
7.6250 592.43 90
7.3750 592.43
XXXXXXXXX XX 00000 5 11/07/05 11
0440737070 05 01/01/06 25.0000
6507550 O 12/01/35
0
10230242 196/G02 F 349,000.00 ZZ
360 348,713.92 1
7.0000 2321.91 75
6.7500 2321.91
XXXXXXX XX 00000 5 11/04/05 00
0440691418 05 01/01/06 0.0000
6507725 O 12/01/35
0
10230258 196/G02 F 278,400.00 ZZ
360 278,154.37 1
6.6250 1782.63 80
6.3750 1782.63
XXXXXXXXX XX 00000 1 11/21/05 00
0440688349 05 01/01/06 0.0000
6507891 O 12/01/35
0
10230262 196/G02 F 340,000.00 ZZ
360 339,692.09 1
6.5000 2149.04 80
6.2500 2149.04
XXXXXXX XX 00000 5 11/14/05 00
0440737971 03 01/01/06 0.0000
6507901 O 12/01/35
0
10230266 196/G02 F 359,650.00 ZZ
360 359,308.75 1
6.2500 2214.43 55
6.0000 2214.43
XXXXXXX XX 00000 5 11/03/05 00
0440707834 05 01/01/06 0.0000
6507969 N 12/01/35
0
10230268 196/G02 F 359,650.00 ZZ
360 359,308.75 1
6.2500 2214.43 49
6.0000 2214.43
XXXXXXX XX 00000 5 11/03/05 00
0440749547 05 01/01/06 0.0000
6507970 N 12/01/35
0
10230282 196/G02 F 148,000.00 ZZ
360 147,875.66 1
6.8750 972.26 80
6.6250 972.26
XXXXXX XX 00000 2 11/10/05 00
0440715506 05 01/01/06 0.0000
6508076 O 12/01/35
0
10230284 196/G02 F 82,725.00 ZZ
360 82,657.18 1
7.0000 550.38 84
6.7500 550.38
XXXXXX XX 00000 1 11/18/05 11
0440714939 05 01/01/06 12.0000
6508081 N 12/01/35
0
10230294 196/G02 F 215,000.00 ZZ
360 214,805.63 1
6.5000 1358.95 45
6.2500 1358.95
XXX XXXXXXX XX 00000 5 11/15/05 00
0440749554 05 01/01/06 0.0000
6508174 O 12/01/35
0
10230300 196/G02 F 135,200.00 ZZ
360 135,086.41 1
6.8750 888.17 80
6.6250 888.17
XXXXXXXXX XX 00000 2 11/23/05 00
0440715399 01 01/01/06 0.0000
6508233 O 12/01/35
0
10230310 196/G02 F 131,000.00 ZZ
360 130,878.67 1
6.3750 817.27 29
6.1250 817.27
XXXXX XX 00000 2 11/18/05 00
0440710770 05 01/01/06 0.0000
6650673 O 12/01/35
0
10230358 X78/G02 F 81,000.00 ZZ
360 81,000.00 1
8.0000 594.35 90
7.7500 594.35
XXXXXXXXXX XX 00000 1 12/08/05 10
0440753945 05 02/01/06 25.0000
991567 N 01/01/36
0
10231877 E22/G01 F 184,000.00 ZZ
360 183,600.68 1
6.2500 1132.92 80
6.0000 1132.92
XXXXX XXXX XX 00000 1 10/31/05 00
0425137734 05 12/01/05 0.0000
0425137734 O 11/01/35
0
10232281 E22/G01 F 218,400.00 ZZ
360 217,852.44 1
6.6250 1398.44 80
6.3750 1398.44
XXXX XX 00000 5 10/20/05 00
0425900347 05 12/01/05 0.0000
0425900347 O 11/01/35
0
10232400 196/G02 F 800,000.00 ZZ
360 799,276.79 1
6.5000 5056.54 63
6.2500 5056.54
XXXXX XX 00000 5 11/15/05 00
0440712131 05 01/01/06 0.0000
6755524 O 12/01/35
0
10232475 E22/G02 F 328,000.00 ZZ
360 327,460.71 4
7.0000 2182.19 80
6.7500 2182.19
XXXXXXXXXX XX 00000 1 10/31/05 00
0425881265 05 12/01/05 0.0000
0425881265 N 11/01/35
0
10232992 196/G02 F 260,000.00 ZZ
360 259,776.14 1
6.7500 1686.36 80
6.5000 1686.36
XXXXXXXXXX XX 00000 5 11/23/05 00
0440688190 05 01/01/06 0.0000
6507941 O 12/01/35
0
10233022 196/G02 F 88,000.00 ZZ
360 87,918.49 1
6.3750 549.01 30
6.1250 549.01
XXXXXX XX 00000 5 11/23/05 00
0440711885 05 01/01/06 0.0000
6650678 O 12/01/35
0
10233024 196/G02 F 216,000.00 ZZ
360 215,804.73 1
6.5000 1365.27 50
6.2500 1365.27
XXX XXXXXXX XX 00000 1 11/18/05 00
0440711950 01 01/01/06 0.0000
6755525 O 12/01/35
0
10233093 E82/G01 F 87,200.00 ZZ
360 87,081.42 1
6.6250 558.35 70
6.3750 558.35
XXXXXX XX 00000 2 10/28/05 00
0401185798 03 01/01/06 0.0000
0401185798 O 12/01/35
0
10236641 E22/G02 F 238,500.00 T
360 238,098.11 1
6.8750 1566.78 90
6.6250 1566.78
XXXXXXXXXXX XX 00000 1 11/01/05 10
0425787959 05 12/01/05 25.0000
0425787959 O 11/01/35
0
10237305 T91/G01 F 81,000.00 ZZ
300 80,667.35 1
6.3750 540.61 74
6.1250 540.61
XXXXXXXXXX XX 00000 5 10/20/05 00
0440335255 03 11/25/05 0.0000
0000000000 O 10/25/30
0
10238318 696/G02 F 280,000.00 ZZ
360 280,000.00 1
7.2500 1691.67 80
7.0000 1691.67
XXXXXXXXXX XX 00000 1 10/17/05 00
0440706943 05 12/01/05 0.0000
20205112 N 11/01/35
0
10239988 696/G02 F 259,600.00 ZZ
360 259,600.00 1
6.3750 1379.13 71
6.1250 1379.13
XXXX XXXXXXXXXXX 00000 5 12/13/05 00
0440733251 05 02/01/06 0.0000
20205142 O 01/01/36
0
10240000 696/G02 F 313,950.00 ZZ
360 313,950.00 1
6.7500 1765.97 63
6.5000 1765.97
XXXXXXXXXXX XX 00000 5 12/09/05 00
0440716660 03 02/01/06 0.0000
23305343 O 01/01/36
0
10240312 696/G02 F 512,000.00 ZZ
360 512,000.00 1
6.5000 2773.33 80
6.2500 2773.33
XXXXXXXXXX XX 00000 1 11/30/05 00
0440738227 05 01/01/06 0.0000
40105506 O 12/01/35
0
10242902 696/G02 F 47,900.00 ZZ
360 47,900.00 1
6.1250 244.49 80
5.8750 244.49
XXXXXXXXX XX 00000 1 11/18/05 00
0440764207 02 01/01/06 0.0000
20205119 N 12/01/35
0
10242922 696/G02 F 179,200.00 ZZ
360 179,200.00 1
6.7500 1008.00 70
6.5000 1008.00
XXXXXXXX XX 00000 1 12/12/05 00
0440764132 05 02/01/06 0.0000
32605285 O 01/01/36
0
10245206 B44/G02 F 452,000.00 ZZ
360 452,000.00 1
7.3750 2777.92 80
7.1250 2777.92
XXXXX XX 00000 1 12/02/05 00
0440770410 05 02/01/06 0.0000
2050184 N 01/01/36
0
10245406 696/G02 F 286,000.00 ZZ
360 286,000.00 1
6.3750 1519.38 80
6.1250 1519.38
XXXXXX XX 00000 1 12/16/05 00
0440762938 06 02/01/06 0.0000
25105211 O 01/01/36
0
10247075 E22/G02 F 59,850.00 ZZ
360 59,769.41 1
8.0000 439.16 90
7.7500 439.16
XXXX XXXXX XX 00000 1 10/31/05 01
0425613551 05 12/01/05 25.0000
0425613551 N 11/01/35
0
10247348 696/G02 F 649,950.00 ZZ
360 649,950.00 1
6.6250 3588.27 70
6.3750 3588.27
XXXXXXX XX 00000 5 12/09/05 00
0440763423 03 02/01/06 0.0000
80905001 O 01/01/36
0
10247589 P60/G01 F 75,905.00 ZZ
360 75,760.56 1
6.2500 467.37 95
6.0000 467.37
XXXXXX XXXX XX 00000 1 10/21/05 10
0440342517 05 12/01/05 30.0000
1311018683 O 11/01/35
0
10248625 F44/G02 F 116,000.00 ZZ
360 115,654.35 1
6.2500 714.23 78
6.0000 714.23
XXXXXXXXXX XX 00000 5 09/07/05 00
0440425304 07 11/01/05 0.0000
55058819 O 10/01/35
0
10249259 U85/G02 F 150,320.00 ZZ
360 150,057.37 2
6.6900 968.98 80
6.4400 968.98
XXXXXXXXX XX 00000 1 10/28/05 00
0440414001 05 12/01/05 0.0000
0510100030 O 11/01/35
0
10249955 E22/G02 F 388,000.00 ZZ
360 387,689.72 2
7.1250 2614.03 80
6.8750 2614.03
XXXXX XXXXXX XX 00000 1 11/04/05 00
0425943800 05 01/01/06 0.0000
0425943800 O 12/01/35
0
10250523 U05/G02 F 82,450.00 ZZ
360 82,317.75 4
7.1250 555.48 80
6.8750 555.48
XXXXXXX XX 00000 1 10/27/05 00
0440677276 05 12/01/05 0.0000
3000799872 N 11/01/35
0
10251506 696/G02 F 284,000.00 ZZ
360 284,000.00 1
6.8750 1627.08 80
6.6250 1627.08
XXXXXXXXXXXX XX 00000 1 12/09/05 00
0440769164 09 02/01/06 0.0000
24005242 O 01/01/36
0
10251512 696/G02 F 238,500.00 ZZ
360 238,500.00 1
6.5000 1291.88 43
6.2500 1291.88
XXXXXXXXX XX 00000 5 12/02/05 00
0440769297 05 01/01/06 0.0000
40105531 N 12/01/35
0
10251516 696/G02 F 416,000.00 ZZ
360 416,000.00 1
6.7500 2340.00 80
6.5000 2340.00
XXXXXXXXXX XX 00000 1 12/21/05 00
0440769131 03 02/01/06 0.0000
26405297 O 01/01/36
0
10251575 H58/G01 F 180,000.00 ZZ
360 179,665.67 1
6.3750 1122.97 65
6.1250 1122.97
XXXXXXXX XX 00000 1 10/27/05 00
0440351013 05 12/01/05 0.0000
341543 O 11/01/35
0
10251725 369/G02 F 179,200.00 ZZ
360 178,912.55 4
7.1250 1207.30 80
6.8750 1207.30
XXXXXX XXXXXXXXX 00000 1 10/12/05 00
0440480234 05 12/01/05 0.0000
80024532 N 11/01/35
0
10251763 369/G02 F 120,000.00 ZZ
360 119,802.71 4
7.0000 798.36 80
6.7500 798.36
XX XXXX XX 00000 1 10/05/05 00
0440564490 05 12/01/05 0.0000
80116536 N 11/01/35
0
10251809 369/G02 F 120,000.00 ZZ
360 119,802.71 4
7.0000 798.36 80
6.7500 798.36
XX XXXX XX 00000 1 10/05/05 00
0440564383 05 12/01/05 0.0000
80148935 N 11/01/35
0
10251825 369/G02 F 60,000.00 ZZ
360 60,000.00 1
7.0000 350.00 80
6.7500 350.00
XXXXXXXX XX 00000 1 10/04/05 00
0440564789 05 11/01/05 0.0000
80155146 N 10/01/35
0
10251853 369/G02 F 127,900.00 ZZ
360 127,744.49 3
8.5000 983.44 80
8.2500 983.44
NORTH BENNINGTVT 05257 1 10/12/05 00
0440480077 05 12/01/05 0.0000
80165905 N 11/01/35
0
10251863 369/G02 F 69,200.00 ZZ
360 69,089.01 2
7.1250 466.21 80
6.8750 466.21
XXXXX XXX XX 00000 1 10/14/05 00
0440554301 05 12/01/05 0.0000
80170210 N 11/01/35
0
10251901 369/G02 F 169,000.00 ZZ
360 168,748.38 3
7.5000 1181.67 80
7.2500 1181.67
XXXX XXXX XXXXXX 00000 1 10/11/05 00
0440483527 05 12/01/05 0.0000
80183775 N 11/01/35
0
10253405 U05/G02 F 76,650.00 ZZ
360 76,527.04 3
7.1250 516.41 80
6.8750 516.41
XXXXXXX XX 00000 1 10/27/05 00
0440678076 05 12/01/05 0.0000
3000799863 N 11/01/35
0
10253699 T61/G02 F 83,893.00 ZZ
360 83,777.16 1
7.8750 608.28 90
7.6250 608.28
XXXXXXXXXXX XX 00000 1 10/31/05 10
0440448843 07 12/01/05 25.0000
14453 N 11/01/35
0
10253717 Y78/G02 F 103,548.00 ZZ
360 103,350.99 1
6.2500 637.56 78
6.0000 637.56
XXX XXXX XX 00000 5 11/01/05 00
0440407393 05 12/01/05 0.0000
22211197 O 11/01/35
0
10254341 E22/G02 F 204,800.00 ZZ
360 204,428.70 1
6.5000 1294.48 79
6.2500 1294.48
XXXXXX XX 00000 0 00/04/05 00
0426049524 05 12/01/05 0.0000
0426049524 N 11/01/35
0
10255687 462/G02 F 150,750.00 ZZ
360 150,525.54 1
7.5000 1054.07 80
7.2500 1054.07
XXXXXXX XX 00000 1 10/31/05 00
0440554624 03 12/01/05 0.0000
0006010375 N 11/01/35
0
10255695 462/G02 F 297,000.00 ZZ
360 296,546.61 1
7.3750 2051.31 90
7.1250 2051.31
XXXXXXXX XX 00000 1 10/31/05 01
0440550689 03 12/01/05 25.0000
0006042873 O 11/01/35
0
10255751 462/G02 F 200,550.00 T
360 200,168.42 1
6.2500 1234.83 80
6.0000 1234.83
XXXXXXXXX XX 00000 1 10/26/05 00
0440551851 09 12/01/05 0.0000
0006229280 O 11/01/35
0
10255855 462/G02 F 445,000.00 ZZ
360 444,250.16 1
6.8750 2923.33 75
6.6250 2923.33
XXXX XXXXX XX 00000 4 10/20/05 00
0440567956 05 12/01/05 0.0000
0008585390 O 11/01/35
0
10257407 E22/G01 F 176,000.00 ZZ
360 176,000.00 1
6.2500 916.67 80
6.0000 916.67
XXXXXXXX XXXXXXX 00000 5 11/04/05 00
0425948411 01 01/01/06 0.0000
0425948411 O 12/01/35
0
10257499 E22/G01 F 220,000.00 ZZ
360 219,815.18 1
6.8750 1445.24 79
6.6250 1445.24
XXXXXXXX XXXXXXX 00000 2 11/03/05 00
0426058608 03 01/01/06 0.0000
0426058608 O 12/01/35
0
10260279 E22/G02 F 30,750.00 ZZ
360 30,726.01 2
7.2500 209.77 75
7.0000 209.77
XXXXXXXXX XX 00000 1 11/10/05 00
0425798824 05 01/01/06 0.0000
0425798824 N 12/01/35
0
10263035 M37/G02 F 145,600.00 T
360 145,477.68 1
6.8750 956.49 80
6.6250 956.49
XXXXXXXXXXX XX 00000 1 11/04/05 00
0440507226 03 01/01/06 0.0000
623570 O 12/01/35
0
10264423 E22/G02 F 123,600.00 ZZ
360 123,503.58 4
7.2500 843.17 80
7.0000 843.17
XXXXXXXXXXX XX 00000 1 11/14/05 00
0426078648 05 01/01/06 0.0000
0426078648 N 12/01/35
0
10264583 E22/G02 F 184,500.00 ZZ
360 184,366.46 2
7.6250 1305.88 90
7.3750 1305.88
XXXXX XX 00000 1 11/14/05 04
0426193389 05 01/01/06 25.0000
0426193389 N 12/01/35
0
10265939 E22/G01 F 160,000.00 ZZ
360 159,851.81 1
6.3750 998.19 80
6.1250 998.19
FALL XXXXX XX 00000 1 11/15/05 00
0425950144 01 01/01/06 0.0000
0425950144 O 12/01/35
0
10266127 E22/G02 F 116,000.00 ZZ
360 115,902.54 1
6.8750 762.04 80
6.6250 762.04
XXXXXXXX XX 00000 1 11/14/05 00
0426208161 09 01/01/06 0.0000
0426208161 O 12/01/35
0
10266427 H76/G02 F 425,000.00 ZZ
360 424,247.97 1
6.6250 2721.33 79
6.3750 2721.33
XXXXXXX XX 00000 5 10/31/05 00
0440477214 05 12/01/05 0.0000
2005675798 O 11/01/35
0
10266445 H76/G02 F 165,000.00 ZZ
360 164,721.95 1
6.8750 1083.94 69
6.6250 1083.94
XXXXXXXXX XX 00000 5 10/31/05 00
0440477206 05 12/01/05 0.0000
2005671273 O 11/01/35
0
10266459 H76/G02 F 192,000.00 ZZ
360 191,692.01 1
7.1250 1293.54 78
6.8750 1293.54
XXXXXX XX 00000 5 11/03/05 00
0440479061 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10267689 H76/G02 F 96,000.00 ZZ
360 95,838.22 1
6.8750 630.66 80
6.6250 630.66
XXXX XXX XX 00000 1 10/31/05 00
0440477230 05 12/01/05 0.0000
2005675698 N 11/01/35
0
10267969 Y94/G02 F 780,000.00 ZZ
360 779,294.87 1
6.5000 4930.13 80
6.2500 4930.13
XXXXXXXXXX XX 00000 1 11/08/05 00
0440716991 05 01/01/06 0.0000
0000013663 O 12/01/35
0
10268993 E82/G01 F 183,200.00 ZZ
360 183,042.27 1
6.7500 1188.23 59
6.5000 1188.23
XXXXXXX XX 00000 2 11/14/05 00
0401195169 05 01/01/06 0.0000
0401195169 O 12/01/35
0
10269415 H76/G02 F 522,000.00 ZZ
360 521,030.47 1
6.3750 3256.61 90
6.1250 3256.61
XXXXXXXX XX 00000 5 10/28/05 01
0440575421 05 12/01/05 25.0000
0000000000 O 11/01/35
0
10269435 H76/G02 F 185,600.00 ZZ
360 185,287.25 1
6.8750 1219.26 80
6.6250 1219.26
XXXXXXXXXX XX 00000 5 10/27/05 00
0440573772 05 12/01/05 0.0000
2005674316 O 11/01/35
0
10269787 H76/G02 F 308,000.00 ZZ
360 307,541.39 1
7.5000 2153.59 80
7.2500 2153.59
XXXXXX XXXXXXXXX 00000 5 10/25/05 00
0440575397 05 12/01/05 0.0000
2005675508 O 11/01/35
0
10269863 H76/G02 F 175,000.00 ZZ
240 174,315.89 1
6.8750 1343.68 65
6.6250 1343.68
XXXXXXXXX XX 00000 5 10/28/05 00
0440575413 05 12/01/05 0.0000
2005676507 O 11/01/25
0
10271423 T61/G02 F 78,795.00 ZZ
360 78,740.77 1
7.8750 571.32 90
7.6250 571.32
XXXXXXXXXXX XX 00000 1 11/10/05 14
0440565992 07 01/01/06 25.0000
14816 N 12/01/35
0
10271449 H76/G02 F 180,000.00 ZZ
360 179,704.04 1
7.0000 1197.55 80
6.7500 1197.55
XXXXXXXXXXXXX XX 00000 5 11/01/05 00
0440551034 05 12/01/05 0.0000
2005675938 O 11/01/35
0
10271539 H76/G02 F 410,000.00 T
360 409,358.37 1
7.2500 2796.93 54
7.0000 2796.93
XXXXX XXXXXXX XX 00000 5 10/28/05 00
0440575389 05 12/01/05 0.0000
2005673676 O 11/01/35
0
10271597 253/253 F 172,000.00 ZZ
360 172,000.00 1
6.5000 931.67 80
6.2500 931.67
XXXXXXX XX 00000 1 11/04/05 00
642760 05 01/01/06 0.0000
642760 O 12/01/35
0
10271599 H76/G02 F 128,000.00 ZZ
360 127,712.87 1
6.8750 840.87 80
6.6250 840.87
XXXXXXXXX XX 00000 5 11/01/05 00
0440569812 07 12/01/05 0.0000
2005673200 O 11/01/35
0
10271747 313/G02 F 351,000.00 ZZ
360 350,378.93 1
6.6250 2247.49 79
6.3750 2247.49
XXXXXXXXX XX 00000 2 10/26/05 00
0440668515 05 12/01/05 0.0000
10875839 O 11/01/35
0
10271775 H76/G02 F 123,000.00 ZZ
360 122,825.80 1
7.7500 881.19 71
7.5000 881.19
XXXX XX 00000 5 10/27/05 00
0440571917 05 12/01/05 0.0000
2005673758 O 11/01/35
0
10271827 H76/G02 F 285,000.00 ZZ
360 284,564.93 1
7.3750 1968.43 60
7.1250 1968.43
XXXX XXXXXXX XX 00000 5 11/03/05 00
0440573657 05 12/01/05 0.0000
2005677013 N 11/01/35
0
10272587 H76/G02 F 331,200.00 ZZ
360 330,628.08 1
6.7500 2148.16 90
6.5000 2148.16
XXXXXXX XX 00000 2 10/10/05 01
0440550739 03 12/01/05 25.0000
2005670406 O 11/01/35
0
10272649 H76/G02 F 179,000.00 ZZ
360 178,690.89 1
6.7500 1161.00 95
6.5000 1161.00
XXXXXXXXXXXX XX 00000 5 10/31/05 01
0440551067 05 12/01/05 30.0000
2005676189 O 11/01/35
0
10272785 H76/G02 F 120,000.00 ZZ
360 119,854.09 1
8.5000 922.70 80
8.2500 922.70
XXXXXXXX XX 00000 5 10/26/05 00
0440570026 05 12/01/05 0.0000
2005675395 O 11/01/35
0
10272943 N67/G02 F 169,200.00 ZZ
360 168,771.11 1
6.8750 1111.52 86
6.0750 1111.52
XXXXXX XX 00000 2 09/19/05 36
0440551141 05 11/01/05 30.0000
1165007791 O 10/01/35
0
10272945 N67/G02 F 139,760.00 ZZ
360 138,808.70 1
8.0000 1025.51 90
7.7500 1025.51
XXXXXXXXXXX XX 00000 1 10/07/05 12
0440554947 05 12/01/05 30.0000
1165007906 O 11/01/35
0
10272967 N67/G02 F 100,800.00 ZZ
360 100,612.78 1
6.3750 628.86 80
6.1250 628.86
XXXXXXXXXXX XX 00000 1 10/25/05 00
0440555050 05 12/01/05 0.0000
1330300320 O 11/01/35
0
10272969 N67/G02 F 123,200.00 T
360 122,987.26 1
6.7500 799.07 80
6.5000 799.07
XXXXXXX XX 00000 1 10/20/05 00
0440555068 03 12/01/05 0.0000
1330300480 O 11/01/35
0
10272971 N67/G02 F 383,000.00 ZZ
360 380,897.18 1
5.8750 2265.59 71
5.6250 2265.59
XXXXXXX XX 00000 2 10/18/05 00
0440555076 05 12/01/05 0.0000
1360003290 O 11/01/35
0
10272975 N67/G02 F 296,350.00 ZZ
360 295,812.75 1
6.5000 1873.13 80
6.2500 1873.13
XXX XXXXX XX 00000 1 10/18/05 00
0440555092 03 12/01/05 0.0000
1360300429 O 11/01/35
0
10272995 N67/G02 F 397,600.00 ZZ
360 396,962.21 1
7.1250 2678.70 79
6.8750 2678.70
XXXX XX 00000 1 10/10/05 00
0440555191 03 12/01/05 0.0000
1860300132 N 11/01/35
0
10273007 N67/G02 F 112,500.00 ZZ
360 112,154.42 1
7.3750 777.01 93
7.1250 777.01
XXXXXXXXXXX XX 00000 1 08/12/05 01
0440555258 05 10/01/05 35.0000
3253002039 O 09/01/35
0
10273053 N67/G02 F 150,000.00 ZZ
360 149,560.38 1
6.1250 911.42 63
5.8750 911.42
XXXX XXXXX XX 00000 5 09/23/05 00
0440555480 05 11/01/05 0.0000
3253004206 N 10/01/35
0
10273057 N67/G02 F 279,200.00 ZZ
360 278,740.96 1
7.0000 1857.52 80
6.7500 1857.52
XXXXXXX XX 00000 1 10/31/05 00
0440555506 03 12/01/05 0.0000
3253004354 O 11/01/35
0
10273091 N67/G02 F 77,400.00 T
360 77,284.76 1
7.5000 541.19 90
7.2500 541.19
XXXXXXX XX 00000 1 10/20/05 01
0440555670 01 12/01/05 25.0000
0000000000 O 11/01/35
0
10273113 N67/G02 F 150,000.00 ZZ
360 148,448.55 1
6.8750 985.39 70
6.6250 985.39
XXXXX XXXXXXX XX 00000 1 10/17/05 00
0440555787 01 11/01/05 0.0000
3253005132 O 10/01/35
0
10273123 N67/G02 F 71,100.00 ZZ
360 71,009.01 1
8.2500 534.15 90
8.0000 534.15
XXXXXXXXXXXX XX 00000 1 10/18/05 14
0440555837 05 12/01/05 30.0000
3253005203 O 11/01/35
0
10273131 N67/G02 F 175,000.00 ZZ
360 174,658.95 1
6.1250 1063.32 64
5.8750 1063.32
XXXXXXXX XX 00000 1 10/25/05 00
0440555878 03 12/01/05 0.0000
3253005238 O 11/01/35
0
10273143 N67/G02 F 63,920.00 ZZ
360 63,831.75 1
7.8750 463.46 80
7.6250 463.46
XXXXXXX XX 00000 1 10/21/05 00
0440555944 09 12/01/05 0.0000
3253005310 O 11/01/35
0
10273145 N67/G02 F 96,750.00 ZZ
360 96,609.51 1
7.6250 684.79 90
7.3750 684.79
XXXXXXXXX XX 00000 1 10/18/05 11
0440555951 03 12/01/05 30.0000
3253005332 N 11/01/35
0
10273167 N67/G02 F 53,300.00 T
360 53,230.04 1
8.1250 395.75 70
7.8750 395.75
XXXXXXX XX 00000 5 10/31/05 00
0440556066 05 12/01/05 0.0000
3253005389 O 11/01/35
0
10273177 N67/G02 F 135,200.00 ZZ
360 134,972.17 1
6.8750 888.17 80
6.6250 888.17
ROUND LAKE BEAIL 60073 2 10/19/05 00
0440556116 05 12/01/05 0.0000
3253005420 O 11/01/35
0
10273185 N67/G02 F 102,400.00 ZZ
360 102,107.37 1
6.5000 647.24 80
6.2500 647.24
XXXXXXXX XX 00000 5 10/20/05 00
0440556165 05 12/01/05 0.0000
3253005465 O 11/01/35
0
10273187 N67/G02 F 340,000.00 ZZ
360 339,351.26 1
7.2500 2319.40 80
7.0000 2319.40
XXXX XXXXX XX 00000 1 10/19/05 00
0440556173 05 12/01/05 0.0000
3253005467 O 11/01/35
0
10273191 N67/G02 F 96,000.00 ZZ
360 95,853.33 1
7.3750 663.05 80
7.1250 663.05
XXXXXXX XX 00000 1 10/25/05 00
0440556199 05 12/01/05 0.0000
0000000000 N 11/01/35
0
10273197 N67/G02 F 113,520.00 ZZ
360 113,417.38 1
6.5000 717.52 80
6.2500 717.52
XXXXXXX XX 00000 1 11/09/05 00
0440556223 05 01/01/06 0.0000
3253005499 O 12/01/35
0
10273201 N67/G02 F 188,000.00 ZZ
360 187,533.61 1
6.7500 1219.36 80
6.5000 1219.36
XX XXXXXXXXXX XX 00000 1 10/24/05 00
0440556249 05 12/01/05 0.0000
3253005504 O 11/01/35
0
10273221 N67/G02 F 122,650.00 T
360 122,438.20 1
6.7500 795.51 80
6.5000 795.51
XXXXXXXXX XX 00000 1 10/24/05 00
0440556348 03 12/01/05 0.0000
3253005574 O 11/01/35
0
10273225 N67/G02 F 151,050.00 ZZ
360 150,841.41 1
7.8750 1095.22 95
7.6250 1095.22
XXXXXXX XX 00000 1 10/31/05 14
0440556363 05 12/01/05 35.0000
3253005592 O 11/01/35
0
10273241 N67/G02 F 97,000.00 ZZ
360 96,832.51 1
6.7500 629.14 80
6.5000 629.14
XXXXXXXX XX 00000 1 10/21/05 00
0440556447 03 12/01/05 0.0000
3253005644 O 11/01/35
0
10273251 N67/G02 F 110,400.00 ZZ
360 110,168.93 1
5.7500 644.26 80
5.5000 644.26
XXXXXXXXX XX 00000 1 10/28/05 00
0440556496 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10273253 N67/G02 F 544,000.00 ZZ
360 543,190.02 1
7.5000 3803.73 80
7.2500 3803.73
XXXX XX 00000 1 10/20/05 00
0440556504 01 12/01/05 0.0000
3253005668 O 11/01/35
0
10273279 N67/G02 F 61,750.00 ZZ
360 61,668.95 1
8.1250 458.49 95
7.8750 458.49
XXXXXXXXX XX 00000 1 11/03/05 01
0440556637 05 12/01/05 35.0000
3253005868 O 11/01/35
0
10273295 N67/G02 F 90,000.00 T
360 89,929.79 1
7.2500 613.96 90
7.0000 613.96
XXXXXXXXX XX 00000 1 11/08/05 11
0440556710 05 01/01/06 25.0000
3253006057 O 12/01/35
0
10273299 N67/G02 F 182,000.00 ZZ
360 181,827.31 1
6.2500 1120.61 80
6.0000 1120.61
XXXXX XX 00000 1 11/07/05 00
0440556744 05 01/01/06 0.0000
3253006083 O 12/01/35
0
10273303 N67/G02 F 89,680.00 ZZ
360 89,600.88 1
6.6250 574.23 80
6.3750 574.23
XXXXXXXXXXXX XX 00000 2 11/04/05 00
0440556769 05 01/01/06 0.0000
3253006110 N 12/01/35
0
10273321 N67/G02 F 41,250.00 ZZ
360 41,223.69 1
8.2500 309.90 75
8.0000 309.90
XXXXXXXXX XX 00000 5 11/10/05 00
0440556850 05 01/01/06 0.0000
3253006375 N 12/01/35
0
10273327 N67/G02 F 64,200.00 ZZ
360 64,011.84 1
6.1250 390.09 46
5.8750 390.09
XXXXXXXX XXXXXXX 00000 5 09/08/05 00
0440556884 01 11/01/05 0.0000
3254021149 O 10/01/35
0
10273331 N67/G02 F 120,000.00 ZZ
360 119,573.01 1
6.6250 768.37 80
6.3750 768.37
XXXX XXXXX XX 00000 1 09/01/05 00
0440556900 03 10/01/05 0.0000
3254021218 O 09/01/35
0
10273333 N67/G02 F 176,000.00 ZZ
360 175,710.64 1
7.0000 1170.93 80
6.7500 1170.93
XXXXX XX 00000 1 10/17/05 00
0440556918 05 12/01/05 0.0000
3254021382 O 11/01/35
0
10273341 N67/G02 F 81,000.00 ZZ
360 80,825.16 1
6.6250 518.65 50
6.3750 518.65
XXXXX XXXXXXX XX 00000 2 10/13/05 00
0440556959 01 12/01/05 0.0000
0000000000 O 11/01/35
0
10273345 N67/G02 F 180,000.00 ZZ
360 179,696.69 1
6.8750 1182.47 80
6.6250 1182.47
XXXXXXXX XXXXXXX 00000 5 10/21/05 00
0440556975 03 12/01/05 0.0000
3254021446 O 11/01/35
0
10273351 N67/G02 F 130,000.00 ZZ
360 129,760.70 1
7.5000 908.98 50
7.2500 908.98
XXXX XXXXX XX 00000 5 10/14/05 00
0440557007 03 12/01/05 0.0000
3254021466 O 11/01/35
0
10273353 N67/G02 F 99,200.00 ZZ
360 99,120.67 1
7.1250 668.33 80
6.8750 668.33
XXXXXXX XX 00000 1 11/08/05 00
0440557015 01 01/01/06 0.0000
3254021476 O 12/01/35
0
10273357 N67/G02 F 132,720.00 ZZ
360 132,473.50 1
6.3750 828.00 80
6.1250 828.00
XXXXXXXXXXX XX 00000 1 10/31/05 00
0440557031 05 12/01/05 0.0000
3254021503 O 11/01/35
0
10273363 N67/G02 F 121,125.00 ZZ
360 120,820.68 2
8.3750 920.64 85
7.4550 920.64
XXXXXXXXXXX XX 00000 5 07/29/05 26
0440551158 05 10/01/05 25.0000
3255008077 O 09/01/35
0
10273365 N67/G02 F 110,675.00 ZZ
360 110,044.31 1
7.1250 745.64 95
6.8750 745.64
XXXX XXX XX 00000 1 05/26/05 10
0440557064 05 07/01/05 35.0000
3255008089 O 06/01/35
0
10273367 N67/G02 F 44,500.00 ZZ
360 44,310.93 1
6.8750 292.33 69
6.6250 292.33
XXXX XX 00000 2 07/27/05 00
0440557072 05 09/01/05 0.0000
3255008094 N 08/01/35
0
10273387 N67/G02 F 176,000.00 ZZ
360 175,553.88 1
6.8750 1156.19 80
6.6250 1156.19
XX XXXXXXXXX XX 00000 1 09/23/05 00
0440557171 05 11/01/05 0.0000
3255008381 O 10/01/35
0
10273389 N67/G02 F 244,800.00 ZZ
360 244,115.52 1
6.3750 1527.23 80
6.1250 1527.23
XXXXXXXXXXXX XX 00000 1 09/16/05 00
0440557189 03 11/01/05 0.0000
3255008386 O 10/01/35
0
10273395 N67/G02 F 64,600.00 ZZ
360 64,455.28 1
7.5000 451.69 95
6.4500 451.69
XXXXXXXXXX XX 00000 2 09/27/05 25
0440551166 05 11/01/05 35.0000
3255008412 O 10/01/35
0
10273401 N67/G02 F 183,915.00 ZZ
360 183,547.92 1
6.0000 1102.66 80
5.7500 1102.66
XXXXXXXXX XX 00000 1 10/11/05 00
0440557239 03 12/01/05 0.0000
3255008505 O 11/01/35
0
10273411 N67/G02 F 136,800.00 ZZ
360 136,506.81 1
5.6250 787.50 80
5.3750 787.50
XXXX XX 00000 2 10/11/05 00
0440557296 05 12/01/05 0.0000
3255008529 O 11/01/35
0
10273427 N67/G02 F 282,400.00 ZZ
360 281,958.07 1
7.2500 1926.47 80
7.0000 1926.47
XXXX XXXXX XX 00000 1 10/18/05 00
0440557361 05 12/01/05 0.0000
3255008645 O 11/01/35
0
10273429 N67/G02 F 204,100.00 ZZ
360 203,845.39 1
8.3750 1551.31 90
7.3850 1551.31
XXXXXXXXX XX 00000 1 10/12/05 26
0440551182 03 12/01/05 30.0000
3255008652 O 11/01/35
0
10273431 N67/G02 F 95,000.00 ZZ
360 94,823.55 1
6.3750 592.68 80
6.1250 592.68
XXXXXXXXX XX 00000 1 10/14/05 00
0440557379 05 12/01/05 0.0000
3255008672 O 11/01/35
0
10273443 N67/G02 F 148,105.00 ZZ
360 147,747.57 1
7.1250 997.81 95
6.8750 997.81
XXXXXX XXXXX XX 00000 1 09/28/05 10
0440557437 03 11/01/05 35.0000
3255008772 O 10/01/35
0
10273447 N67/G02 F 195,120.00 T
360 194,748.76 1
6.2500 1201.39 80
6.0000 1201.39
XXXXXXX XX 00000 1 10/07/05 00
0440557452 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10273449 N67/G02 F 136,000.00 ZZ
360 135,776.39 1
7.0000 904.81 80
6.7500 904.81
XXXXX XX 00000 1 10/14/05 00
0440557460 05 12/01/05 0.0000
3255008821 O 11/01/35
0
10273459 N67/G02 F 94,300.00 ZZ
360 93,775.65 4
7.2500 643.29 90
7.0000 643.29
XXXXXXXXX XX 00000 1 05/31/05 11
0440557510 05 07/01/05 25.0000
3274027591 N 06/01/35
0
10273493 N67/G02 F 108,000.00 ZZ
360 107,633.95 1
6.8750 709.48 80
6.6250 709.48
XXXXXX XX 00000 1 08/31/05 00
0440557684 05 10/01/05 0.0000
3274032261 O 09/01/35
0
10273497 N67/G02 F 170,000.00 ZZ
360 169,734.74 2
7.7500 1217.90 74
7.5000 1217.90
XXXXXX XX 00000 1 10/18/05 00
0440557700 05 12/01/05 0.0000
3274032442 O 11/01/35
0
10273499 N67/G02 F 144,000.00 ZZ
360 143,587.97 1
6.2500 886.63 80
6.0000 886.63
XXXXXX XXXX XX 00000 1 09/21/05 00
0440557718 01 11/01/05 0.0000
3274032504 O 10/01/35
0
10273501 N67/G02 F 200,000.00 ZZ
360 199,652.01 1
7.1250 1347.44 65
6.8750 1347.44
XXXXXX XX 00000 1 10/24/05 00
0440557726 05 12/01/05 0.0000
3274032537 O 11/01/35
0
10273503 N67/G02 F 280,000.00 ZZ
360 279,487.36 1
6.5000 1769.79 80
6.2500 1769.79
XXXXXXXX XX 00000 1 10/14/05 00
0440557734 01 12/01/05 0.0000
3274032543 O 11/01/35
0
10273515 N67/G02 F 128,000.00 ZZ
360 127,667.51 1
6.7500 830.21 80
6.5000 830.21
XXXX XXXX XX 00000 1 09/13/05 00
0440557791 05 11/01/05 0.0000
3274032833 O 10/01/35
0
10273519 N67/G02 F 59,000.00 ZZ
360 56,545.57 2
7.5000 412.54 67
7.2500 412.54
XXXXXXXXXXX XX 00000 1 10/20/05 00
0440557825 05 12/01/05 0.0000
3274032984 N 11/01/35
0
10273529 N67/G02 F 357,700.00 ZZ
360 357,035.64 1
6.3750 2231.58 80
6.1250 2231.58
XXXXXXX XX 00000 1 10/25/05 00
0440557874 05 12/01/05 0.0000
3274033253 O 11/01/35
0
10273537 N67/G02 F 427,500.00 ZZ
360 426,847.40 1
7.3750 2952.64 95
7.1250 2952.64
XXXXXXXXX XX 00000 1 10/14/05 01
0440557908 05 12/01/05 35.0000
3274033431 O 11/01/35
0
10273575 N67/G02 F 150,000.00 ZZ
360 149,728.07 1
6.5000 948.10 75
6.2500 948.10
XXX XXXXXXX XX 00000 5 10/13/05 00
0440558096 05 12/01/05 0.0000
3274033841 O 11/01/35
0
10273591 N67/G02 F 98,000.00 ZZ
360 97,804.39 1
6.0000 587.56 40
5.7500 587.56
XXXXXX XX 00000 2 10/20/05 00
0440558161 01 12/01/05 0.0000
3274034060 N 11/01/35
0
10273593 N67/G02 F 65,000.00 ZZ
360 64,903.22 2
7.5000 454.49 65
7.2500 454.49
XXXXXX XX 00000 5 10/19/05 00
0440558179 05 12/01/05 0.0000
3274034061 N 11/01/35
0
10273599 N67/G02 F 180,000.00 ZZ
360 179,681.50 1
6.6250 1152.56 80
6.3750 1152.56
XXXXXXXXX XX 00000 1 10/20/05 00
0440558203 05 12/01/05 0.0000
3274034077 O 11/01/35
0
10273613 N67/G02 F 161,250.00 ZZ
360 161,130.33 1
7.5000 1127.48 75
7.2500 1127.48
EAST PROVIDENCRI 02914 1 11/10/05 00
0440558278 05 01/01/06 0.0000
3274034142 O 12/01/35
0
10273619 N67/G02 F 280,000.00 ZZ
360 279,441.13 2
6.0000 1678.74 78
5.7500 1678.74
XXXXXXXXX XX 00000 2 10/26/05 00
0440558302 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10273643 N67/G02 F 116,939.00 ZZ
360 116,716.52 1
6.2500 720.01 80
6.0000 720.01
XXXXXXX XX 00000 1 10/17/05 00
0440558419 05 12/01/05 0.0000
3274034501 O 11/01/35
0
10273649 N67/G02 F 90,000.00 ZZ
360 89,852.03 2
7.0000 598.77 75
6.7500 598.77
XXXXXXXXXX XX 00000 5 10/17/05 00
0440558443 05 12/01/05 0.0000
3274034538 N 11/01/35
0
10273655 N67/G02 F 154,000.00 ZZ
360 153,720.82 2
6.5000 973.38 74
6.2500 973.38
XXXXXXX XX 00000 5 10/11/05 00
0440558476 05 12/01/05 0.0000
3274034562 O 11/01/35
0
10273663 N67/G02 F 152,000.00 ZZ
360 151,731.06 1
6.6250 973.27 80
6.3750 973.27
XXXXXXX XX 00000 5 10/28/05 00
0440558518 05 12/01/05 0.0000
3274034609 O 11/01/35
0
10273671 N67/G02 F 127,440.00 ZZ
360 127,191.64 1
6.1250 774.34 80
5.8750 774.34
XXXXXXXXXX XX 00000 1 10/17/05 00
0440558559 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10273675 N67/G02 F 127,000.00 ZZ
360 126,810.91 1
7.5000 888.00 68
7.2500 888.00
XXXXXXXXXXX XX 00000 1 10/14/05 00
0440558575 03 12/01/05 0.0000
3274034652 O 11/01/35
0
10273677 N67/G02 F 296,000.00 ZZ
360 295,423.13 1
6.1250 1798.53 80
5.8750 1798.53
UPPER MARLBOROMD 20774 5 10/13/05 00
0440558583 05 12/01/05 0.0000
3274034655 O 11/01/35
0
10273681 N67/G02 F 167,920.00 ZZ
360 167,615.57 1
6.5000 1061.37 80
6.2500 1061.37
XXXXXXXXXX XX 00000 1 10/25/05 00
0440558609 05 12/01/05 0.0000
3274034670 O 11/01/35
0
10273693 N67/G02 F 479,500.00 ZZ
360 478,587.71 1
6.2500 2952.36 70
6.0000 2952.36
XXXXX XXXXXXX XX 00000 1 10/27/05 00
0440558674 05 12/01/05 0.0000
3274034754 O 11/01/35
0
10273697 N67/G02 F 292,500.00 ZZ
360 292,101.78 1
8.0000 2146.26 90
6.6200 2146.26
XXXXX XXXXXXXXXX 00000 1 10/21/05 28
0440551216 05 12/01/05 30.0000
3274034778 O 11/01/35
0
10273703 N67/G02 F 444,500.00 ZZ
360 443,569.61 1
5.7500 2593.98 70
5.5000 2593.98
XXXXXXXXXX XX 00000 5 10/19/05 00
0440558716 05 12/01/05 0.0000
3274034794 O 11/01/35
0
10273715 N67/G02 F 170,000.00 ZZ
360 169,802.88 1
8.7500 1337.39 90
7.6600 1337.39
XXXXXXX XX 00000 5 10/14/05 26
0440551224 05 12/01/05 30.0000
3274034832 O 11/01/35
0
10273731 N67/G02 F 356,800.00 ZZ
360 356,198.78 1
6.8750 2343.92 80
6.6250 2343.92
XXXXX XX 00000 5 10/26/05 00
0440558849 05 12/01/05 0.0000
3274034873 O 11/01/35
0
10273735 N67/G02 F 652,500.00 T
360 651,373.26 1
6.7500 4232.10 75
6.5000 4232.10
XXXXXX XX 00000 1 11/04/05 00
0440558872 03 12/01/05 0.0000
3274034877 O 11/01/35
0
10273741 N67/G02 F 232,000.00 ZZ
360 231,609.08 1
6.8750 1524.07 80
6.6250 1524.07
XXXXXXX XX 00000 1 10/24/05 00
0440558906 01 12/01/05 0.0000
3274034919 O 11/01/35
0
10273751 N67/G02 F 82,000.00 ZZ
360 81,850.31 1
6.5000 518.30 80
6.2500 518.30
XXXXXXX XX 00000 1 10/27/05 00
0440558955 05 12/01/05 0.0000
3274034986 O 11/01/35
0
10273761 N67/G02 F 52,800.00 ZZ
360 52,717.37 1
7.2500 360.19 80
7.0000 360.19
XXXXXXXXXXX XX 00000 1 10/27/05 00
0440559003 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10273763 N67/G02 F 482,400.00 ZZ
360 481,871.02 1
9.0000 3881.50 90
7.8400 3881.50
XXXXXXX XX 00000 1 10/28/05 37
0440551240 05 12/01/05 30.0000
3274035030 O 11/01/35
0
10273777 N67/G02 F 59,800.00 ZZ
360 55,706.04 1
8.5000 459.81 65
8.2500 459.81
XXXX XXXXXXX XX 00000 5 10/26/05 00
0440559078 01 12/01/05 0.0000
3274035106 N 11/01/35
0
10273779 N67/G02 F 44,200.00 ZZ
360 44,129.11 1
7.1250 297.78 80
6.8750 297.78
XXXXXXX XX 00000 1 11/01/05 00
0440559086 05 12/01/05 0.0000
3274035108 O 11/01/35
0
10273785 N67/G02 F 122,000.00 ZZ
360 121,778.83 1
6.5000 771.12 42
6.2500 771.12
XXXXXXX ESTATEIL 60192 1 11/02/05 00
0440559110 01 12/01/05 0.0000
3274035135 O 11/01/35
0
10273807 N67/G02 F 64,000.00 ZZ
360 63,911.63 1
7.8750 464.04 80
7.6250 464.04
NUMIDIA PA 17858 1 10/28/05 00
0440559227 03 12/01/05 0.0000
3274035330 O 11/01/35
0
10273809 N67/G02 F 169,500.00 ZZ
360 169,343.01 1
6.3750 1057.46 63
6.1250 1057.46
XXXX XXXXXX XX 00000 2 11/04/05 00
0440559235 05 01/01/06 0.0000
3274035362 O 12/01/35
0
10273811 N67/G02 F 325,850.00 ZZ
360 325,433.01 1
8.2500 2448.00 95
6.9600 2448.00
XXXXXXXXXX XX 00000 1 11/04/05 26
0440551257 05 12/01/05 35.0000
3274035363 O 11/01/35
0
10273829 N67/G02 F 369,500.00 ZZ
360 369,189.58 1
6.8750 2427.35 56
6.6250 2427.35
XXXXXXXXXX XX 00000 2 11/04/05 00
0440559326 05 01/01/06 0.0000
3274035543 O 12/01/35
0
10273839 N67/G02 F 389,000.00 ZZ
360 388,656.79 2
6.6250 2490.81 69
6.3750 2490.81
NORWALK CT 06854 2 11/08/05 00
0440559375 05 01/01/06 0.0000
3274035870 N 12/01/35
0
10273865 N67/G02 F 256,000.00 ZZ
360 255,213.15 1
5.8750 1514.34 80
5.6250 1514.34
CATONSVILLE MD 21228 1 09/12/05 00
0440559490 05 11/01/05 0.0000
3275006293 O 10/01/35
0
10273881 N67/G02 F 123,500.00 ZZ
360 123,325.10 1
7.7500 884.77 95
7.5000 884.77
ROCHESTER NY 14612 1 10/21/05 12
0440559573 05 12/01/05 35.0000
3275006401 O 11/01/35
0
10273893 N67/G02 F 384,800.00 ZZ
360 384,067.88 2
6.2500 2369.28 80
6.0000 2369.28
SAUGUS MA 01906 2 10/14/05 00
0440559631 05 12/01/05 0.0000
3275006437 O 11/01/35
0
10273907 N67/G02 F 140,000.00 ZZ
360 139,733.64 1
6.2500 862.00 59
6.0000 862.00
NEW PALTZ NY 12561 1 10/17/05 00
0440559706 05 12/01/05 0.0000
3275006479 O 11/01/35
0
10273949 N67/G02 F 70,000.00 ZZ
360 69,614.08 1
6.8750 459.85 80
6.6250 459.85
COVINGTON LA 70433 1 07/29/05 00
0440559904 05 09/01/05 0.0000
3311000888 O 08/01/35
0
10273967 N67/G02 F 97,000.00 ZZ
360 96,810.96 1
6.1250 589.38 49
5.8750 589.38
GLENDALE AZ 85307 5 10/20/05 00
0440559995 05 12/01/05 0.0000
3311001651 O 11/01/35
0
10273983 N67/G02 F 198,000.00 ZZ
360 197,658.10 1
6.7500 1284.22 58
6.5000 1284.22
GILBERT AZ 85296 5 10/20/05 00
0440560076 03 12/01/05 0.0000
3311001841 O 11/01/35
0
10273997 N67/G02 F 63,920.00 ZZ
360 63,791.17 1
6.8750 419.91 80
6.6250 419.91
SAN ANGELO TX 76904 1 10/20/05 00
0440560159 05 12/01/05 0.0000
3311001928 N 11/01/35
0
10274001 N67/G02 F 100,000.00 ZZ
360 99,861.91 1
7.8750 725.07 65
7.6250 725.07
FULTON TX 78358 1 10/17/05 00
0440560175 05 12/01/05 0.0000
3311001934 O 11/01/35
0
10274003 N67/G02 F 203,000.00 ZZ
360 202,631.97 1
6.5000 1283.10 70
6.2500 1283.10
SCOTTSDALE AZ 85260 1 10/21/05 00
0440560183 03 12/01/05 0.0000
3311001935 N 11/01/35
0
10274007 N67/G02 F 152,910.00 ZZ
360 152,593.52 1
7.7500 1095.47 90
7.5000 1095.47
SPRINGFIELD LA 70462 1 10/19/05 11
0440560209 05 12/01/05 30.0000
3311001942 O 11/01/35
0
10274009 N67/G02 F 141,750.00 ZZ
360 141,505.22 1
6.7500 919.39 75
6.5000 919.39
TUCSON AZ 85715 1 10/17/05 00
0440560217 03 12/01/05 0.0000
3311001951 O 11/01/35
0
10274013 N67/G02 F 200,000.00 ZZ
360 199,662.98 1
6.8750 1313.86 65
6.6250 1313.86
ROCKPORT TX 78382 1 10/17/05 00
0440560233 05 12/01/05 0.0000
3311001979 O 11/01/35
0
10274015 N67/G02 F 158,400.00 ZZ
360 158,139.56 1
7.0000 1053.84 80
6.7500 1053.84
SLIDELL LA 70460 1 10/21/05 00
0440560241 03 12/01/05 0.0000
3311001980 O 11/01/35
0
10274017 N67/G02 F 427,500.00 ZZ
360 427,130.17 1
10.1250 3791.17 95
9.8750 3791.17
SCOTTSDALE AZ 85250 1 10/20/05 01
0440560258 05 12/01/05 35.0000
3311001987 O 11/01/35
0
10274021 N67/G02 F 120,650.00 ZZ
360 120,491.63 1
8.1250 895.82 95
7.8750 895.82
MISSOURI CITY TX 77459 1 10/12/05 01
0440560274 03 12/01/05 35.0000
3311002020 O 11/01/35
0
10274029 N67/G02 F 162,000.00 ZZ
240 161,389.25 1
7.6250 1317.47 58
7.3750 1317.47
TEMPE AZ 85282 5 10/13/05 00
0440560308 05 12/01/05 0.0000
3311002061 N 11/01/25
0
10274035 N67/G02 F 317,600.00 ZZ
360 316,919.35 1
5.6250 1828.28 80
5.3750 1828.28
MANDEVILLE LA 70448 1 10/21/05 00
0440560332 05 12/01/05 0.0000
3311002075 O 11/01/35
0
10274045 N67/G02 F 151,900.00 ZZ
360 151,772.39 1
6.8750 997.87 95
6.6250 997.87
COVINGTON LA 70433 1 11/08/05 11
0440560381 05 01/01/06 35.0000
3311002170 O 12/01/35
0
10274047 N67/G02 F 212,000.00 ZZ
360 211,615.67 1
6.5000 1339.98 80
6.2500 1339.98
CHANDLER AZ 85224 5 10/27/05 00
0440560399 05 12/01/05 0.0000
3311002200 O 11/01/35
0
10274051 N67/G02 F 126,000.00 ZZ
360 125,802.83 1
7.2500 859.54 90
7.0000 859.54
BUSH LA 70431 1 10/28/05 01
0440560415 05 12/01/05 30.0000
3311002207 O 11/01/35
0
10274053 N67/G02 F 92,000.00 ZZ
360 91,837.21 1
6.6250 589.09 80
6.3750 589.09
SAN ANGELO TX 76904 1 10/27/05 00
0440560423 05 12/01/05 0.0000
3311002215 O 11/01/35
0
10274055 N67/G02 F 75,200.00 ZZ
360 75,130.35 1
6.3750 469.15 80
6.1250 469.15
HOUSTON TX 77014 1 11/01/05 00
0440560431 03 01/01/06 0.0000
3311002221 O 12/01/35
0
10274069 N67/G02 F 76,500.00 ZZ
360 76,315.39 1
7.1250 515.39 85
6.8750 515.39
MESQUITE TX 75150 2 10/04/05 11
0440560506 05 11/01/05 25.0000
3315006202 N 10/01/35
0
10274071 N67/G02 F 155,200.00 TX
360 154,897.55 1
6.1250 943.01 80
5.8750 943.01
SPRING TX 77386 5 10/06/05 00
0440560514 05 12/01/05 0.0000
3315006204 O 11/01/35
0
10274081 N67/G02 F 320,000.00 ZZ
360 318,141.76 1
5.8750 1892.92 75
5.6250 1892.92
RANCHO CUCAMONCA 91701 5 10/07/05 00
0440560563 05 12/01/05 0.0000
3315006268 N 11/01/35
0
10274087 N67/G02 F 300,000.00 ZZ
360 297,162.08 1
6.5000 1896.20 80
6.2500 1896.20
DIAMOND BAR CA 91765 2 09/20/05 00
0440560597 01 11/01/05 0.0000
3315006303 O 10/01/35
0
10274093 N67/G02 F 127,300.00 ZZ
360 126,935.74 1
6.2500 783.81 95
6.0000 783.81
SPRING TX 77373 1 09/28/05 14
0440560621 03 11/01/05 35.0000
3315006333 O 10/01/35
0
10274095 N67/G02 F 116,800.00 ZZ
360 116,481.50 1
6.5000 738.26 80
6.2500 738.26
PORTLAND OR 97236 1 09/16/05 00
0440560639 01 11/01/05 0.0000
3315006341 O 10/01/35
0
10274101 N67/G02 F 355,000.00 ZZ
360 354,256.95 1
5.7500 2071.68 67
5.5000 2071.68
RANCHO CUCAMONCA 91701 5 10/10/05 00
0440560662 05 12/01/05 0.0000
3315006364 O 11/01/35
0
10274117 N67/G02 F 379,200.00 ZZ
360 378,495.71 1
6.3750 2365.71 80
6.1250 2365.71
FORT COLLINS CO 80524 5 10/05/05 00
0440560738 05 12/01/05 0.0000
3315006418 O 11/01/35
0
10274125 N67/G02 F 193,000.00 ZZ
360 192,623.02 2
6.6250 1235.80 53
6.3750 1235.80
LOS ANGELES CA 90037 5 10/14/05 00
0440560779 05 12/01/05 0.0000
3318005375 O 11/01/35
0
10274129 N67/G02 F 280,000.00 ZZ
360 279,467.26 2
6.2500 1724.01 70
6.0000 1724.01
YUBA CITY AREACA 95991 5 10/06/05 00
0440560795 05 12/01/05 0.0000
3318005484 N 11/01/35
0
10274135 N67/G02 F 230,000.00 ZZ
360 229,529.85 1
5.8750 1360.54 78
5.6250 1360.54
NEWBURY PARK ACA 91320 2 10/17/05 00
0440560829 01 12/01/05 0.0000
3318005741 O 11/01/35
0
10274141 N67/G02 F 218,000.00 ZZ
360 217,434.41 1
5.7500 1272.19 52
5.5000 1272.19
SAN DIEGO CA 92113 5 10/14/05 00
0440560852 05 12/01/05 0.0000
3318005817 O 11/01/35
0
10274149 N67/G02 F 405,000.00 ZZ
360 404,172.14 1
5.8750 2395.73 76
5.6250 2395.73
LONG BEACH CA 90802 2 10/10/05 00
0440560902 01 12/01/05 0.0000
3318005969 O 11/01/35
0
10274165 N67/G02 F 357,000.00 ZZ
360 356,653.02 1
6.1250 2169.17 85
5.4950 2169.17
CEDAR GROVE NJ 07009 2 11/04/05 26
0440551273 05 01/01/06 25.0000
3318006063 O 12/01/35
0
10274169 N67/G02 F 353,000.00 ZZ
360 352,295.42 1
6.0000 2116.41 52
5.7500 2116.41
DOWNEY CA 90241 2 10/24/05 00
0440560993 05 12/01/05 0.0000
3318006069 O 11/01/35
0
10274173 N67/G02 F 433,948.00 ZZ
360 433,060.97 1
5.8750 2566.97 50
5.6250 2566.97
CARMEL CA 93923 2 10/13/05 00
0440561017 05 12/01/05 0.0000
3318006074 O 11/01/35
0
10274181 N67/G02 F 329,600.00 ZZ
360 329,002.45 1
6.5000 2083.30 80
6.2500 2083.30
WILDWOOD NJ 08260 1 10/21/05 00
0440561058 01 12/01/05 0.0000
3318006095 N 11/01/35
0
10274209 N67/G02 F 340,000.00 ZZ
360 339,301.40 1
6.3750 2121.16 74
6.1250 2121.16
CANYON COUNTRYCA 91351 5 10/19/05 00
0440561199 05 12/01/05 0.0000
3318500692 O 11/01/35
0
10274221 N67/G02 F 162,500.00 ZZ
360 162,219.40 1
6.7500 1053.97 65
6.5000 1053.97
BROOKLYN PARK MN 55444 5 10/20/05 00
0440561256 05 12/01/05 0.0000
3339002963 N 11/01/35
0
10274223 N67/G02 F 139,750.00 ZZ
360 139,508.67 1
6.7500 906.42 65
6.5000 906.42
SAVAGE MN 55378 5 10/20/05 00
0440561264 05 12/01/05 0.0000
3339002965 N 11/01/35
0
10274225 N67/G02 F 139,750.00 ZZ
360 139,508.67 1
6.7500 906.42 65
6.5000 906.42
SAVAGE MN 55378 5 10/20/05 00
0440561272 05 12/01/05 0.0000
3339002966 N 11/01/35
0
10274229 N67/G02 F 99,200.00 ZZ
360 99,024.47 1
6.6250 635.19 80
6.3750 635.19
PUEBLO CO 81001 5 10/17/05 00
0440561298 05 12/01/05 0.0000
3339003006 O 11/01/35
0
10274247 N67/G02 F 320,000.00 ZZ
360 319,724.49 1
6.7500 2075.51 77
6.5000 2075.51
BATTLE GROUND WA 98604 5 11/04/05 00
0440561389 05 01/01/06 0.0000
3339003188 O 12/01/35
0
10274251 N67/G02 F 160,400.00 ZZ
360 160,079.84 1
6.0000 961.68 65
5.7500 961.68
OLYMPIA WA 98513 1 10/24/05 00
0440561405 05 12/01/05 0.0000
3339003193 O 11/01/35
0
10274257 N67/G02 F 80,000.00 ZZ
360 79,942.10 1
7.6250 566.23 80
7.3750 566.23
DALHART TX 79022 1 11/01/05 00
0440561439 05 01/01/06 0.0000
3339003214 O 12/01/35
0
10274305 N67/G02 F 516,000.00 ZZ
360 515,018.25 1
6.2500 3177.10 80
6.0000 3177.10
PILOT HILL CA 95664 1 10/19/05 00
0440561660 03 12/01/05 0.0000
3347004023 O 11/01/35
0
10274307 N67/G02 F 468,000.00 ZZ
360 466,739.53 1
5.8750 2768.40 80
5.6250 2768.40
GUALALA CA 95445 1 10/21/05 00
0440561678 05 12/01/05 0.0000
3347004047 O 11/01/35
0
10274311 N67/G02 F 270,400.00 ZZ
360 270,137.19 1
6.1250 1642.98 80
5.8750 1642.98
MARYSVILLE CA 95901 1 11/01/05 00
0440561694 05 01/01/06 0.0000
3347004108 O 12/01/35
0
10274323 N67/G02 F 197,470.00 ZZ
360 197,056.67 1
5.7500 1152.38 80
5.5000 1152.38
COLORADO SPRINCO 80922 1 10/11/05 00
0440561751 03 12/01/05 0.0000
3935000011 O 11/01/35
0
10274325 N67/G02 F 95,400.00 ZZ
360 95,286.95 1
8.6250 742.01 90
7.6350 742.01
FORT WAYNE IN 46805 1 10/14/05 26
0440551299 05 12/01/05 30.0000
3935000014 O 11/01/35
0
10274327 N67/G02 F 140,000.00 ZZ
360 139,713.80 1
6.8750 919.70 68
6.6250 919.70
SAINT PAUL MN 55116 1 10/20/05 00
0440561769 01 12/01/05 0.0000
3935000017 O 11/01/35
0
10274331 N67/G02 F 64,000.00 ZZ
360 63,911.63 1
7.8750 464.04 80
7.6250 464.04
FORT WAYNE IN 46804 1 10/25/05 00
0440561785 05 12/01/05 0.0000
3935000033 O 11/01/35
0
10274343 N67/G02 F 149,700.00 ZZ
360 149,488.00 1
7.7500 1072.47 95
7.5000 1072.47
SUWANEE GA 30024 1 10/24/05 12
0440561843 05 12/01/05 35.0000
3955000024 O 11/01/35
0
10275267 E22/G01 F 180,000.00 ZZ
360 179,829.21 1
6.2500 1108.29 80
6.0000 1108.29
HARRISBURG PA 17110 1 11/18/05 00
0426107157 05 01/01/06 0.0000
0426107157 O 12/01/35
0
10275413 E22/G01 F 156,000.00 ZZ
360 156,000.00 1
6.3750 828.75 80
6.1250 828.75
COMMERCE CITY CO 80022 2 11/11/05 00
0426231122 05 01/01/06 0.0000
0426231122 O 12/01/35
0
10275737 E22/G01 F 160,000.00 ZZ
360 160,000.00 1
6.5000 866.67 59
6.2500 866.67
MIAMI FL 33165 5 11/14/05 00
0425952405 03 01/01/06 0.0000
0425952405 O 12/01/35
0
10275755 E22/G02 F 19,500.00 ZZ
360 19,485.53 1
7.5000 136.35 75
7.2500 136.35
BURTON MI 48529 1 11/18/05 00
0425985462 05 01/01/06 0.0000
0425985462 N 12/01/35
0
10276489 J53/J53 F 440,000.00 ZZ
360 439,221.45 1
6.6250 2817.37 80
6.3750 2817.37
BATON ROUGE LA 70808 5 10/31/05 00
03-0825 05 12/01/05 0.0000
03-0825 O 11/01/35
0
10277361 E22/G01 F 176,000.00 ZZ
360 175,844.72 1
6.6250 1126.95 80
6.3750 1126.95
INDIAN HILLS CO 80454 2 11/16/05 00
0426090429 05 01/01/06 0.0000
0426090429 O 12/01/35
0
10277393 E22/G01 F 91,000.00 ZZ
360 91,000.00 1
7.0000 530.83 65
6.7500 530.83
EASTON PA 18042 5 11/15/05 00
0426135216 05 01/01/06 0.0000
0426135216 O 12/01/35
0
10277551 E22/G02 F 176,000.00 ZZ
360 175,872.61 2
7.6250 1245.72 80
7.3750 1245.72
HAMILTON TWP. NJ 08610 5 11/15/05 00
0426189080 05 01/01/06 0.0000
0426189080 O 12/01/35
0
10278637 F62/F62 F 218,000.00 ZZ
360 217,802.92 1
6.5000 1377.91 88
6.2500 1377.91
MIAMI FL 33186 5 11/11/05 04
00000000048398 09 01/01/06 25.0000
00000000048398 O 12/01/35
0
10278867 U85/G02 F 103,900.00 ZZ
360 103,337.21 1
6.5000 656.72 80
6.2500 656.72
SHEBOYGAN WI 53081 2 11/07/05 00
0440566750 01 01/01/06 0.0000
RENZELMANN O 12/01/35
0
10279047 E22/G01 F 80,000.00 ZZ
360 79,924.10 1
6.2500 492.57 22
6.0000 492.57
ROYAL PALM BEAFL 33411 5 11/17/05 00
0425858313 03 01/01/06 0.0000
0425858313 O 12/01/35
0
10279319 E22/G02 F 18,540.00 ZZ
360 18,526.59 1
7.6250 131.22 75
7.3750 131.22
FLORENCE AL 35630 1 11/22/05 00
0426274767 05 01/01/06 0.0000
0426274767 N 12/01/35
0
10279723 462/G02 F 116,050.00 ZZ
360 115,950.08 1
6.7500 752.69 80
6.5000 752.69
KATY TX 77493 1 11/10/05 00
0440684967 03 01/01/06 0.0000
0006439772 O 12/01/35
0
10279733 462/G02 F 127,450.00 ZZ
360 127,345.53 1
7.0000 847.93 80
6.7500 847.93
YORK PA 17402 1 11/11/05 00
0440675692 05 01/01/06 0.0000
0006508774 N 12/01/35
0
10279735 462/G02 F 306,300.00 ZZ
360 306,016.31 1
6.3750 1910.91 80
6.1250 1910.91
ROUND LAKE IL 60073 1 11/17/05 00
0440684652 03 01/01/06 0.0000
0006509186 O 12/01/35
0
10279745 462/G02 F 158,800.00 ZZ
360 158,659.89 1
6.6250 1016.81 80
6.3750 1016.81
LAKE IN THE HIIL 60156 1 11/15/05 00
0440673622 01 01/01/06 0.0000
0006587471 N 12/01/35
0
10279751 462/G02 F 193,250.00 ZZ
360 193,071.01 1
6.3750 1205.63 80
6.1250 1205.63
SPRING TX 77379 1 11/10/05 00
0440676609 03 01/01/06 0.0000
0006642276 O 12/01/35
0
10279753 462/G02 F 363,650.00 ZZ
360 363,313.19 1
6.3750 2268.71 80
6.1250 2268.71
MANASSAS VA 20109 1 11/15/05 00
0440675023 09 01/01/06 0.0000
0006663173 O 12/01/35
0
10279771 462/G02 F 675,000.00 ZZ
360 674,278.38 1
5.6250 3885.68 75
5.3750 3885.68
CORONA CA 92883 1 11/01/05 00
0440670271 03 01/01/06 0.0000
0007839780 O 12/01/35
0
10279777 462/G02 F 500,000.00 ZZ
360 499,525.58 1
6.2500 3078.59 63
6.0000 3078.59
SANTA CLARA CA 95054 1 11/03/05 00
0440676864 03 01/01/06 0.0000
0008181380 O 12/01/35
0
10279783 462/G02 F 316,550.00 ZZ
360 315,947.71 1
6.2500 1949.06 80
6.0000 1949.06
RENO NV 89521 1 11/07/05 00
0440679264 03 01/01/06 0.0000
0008440182 O 12/01/35
0
10279789 462/G02 F 345,000.00 ZZ
360 344,730.87 1
7.2500 2353.51 80
7.0000 2353.51
BRADENTON FL 34203 1 11/10/05 00
0440679900 03 01/01/06 0.0000
0008642381 O 12/01/35
0
10279793 462/G02 F 310,400.00 ZZ
360 310,091.00 1
6.0000 1861.01 80
5.7500 1861.01
SAN JACINTO CA 92583 1 11/18/05 00
0440679637 05 01/01/06 0.0000
0008759383 O 12/01/35
0
10279803 462/G02 F 620,000.00 ZZ
360 619,397.40 1
6.1250 3767.19 62
5.8750 3767.19
TORRANCE CA 90503 1 11/03/05 00
0440676625 01 01/01/06 0.0000
0009057787 O 12/01/35
0
10279805 462/G02 F 222,450.00 ZZ
360 222,276.47 1
7.2500 1517.50 90
7.0000 1517.50
FORT MYERS FL 33913 1 11/04/05 01
0440677227 03 01/01/06 25.0000
0009157181 O 12/01/35
0
10279819 462/G02 F 346,550.00 ZZ
360 346,258.86 1
6.8750 2276.59 72
6.6250 2276.59
KISSIMMEE FL 34744 1 11/12/05 00
0440673135 03 01/01/06 0.0000
0009564782 O 12/01/35
0
10279821 462/G02 F 119,950.00 T
360 119,844.17 1
6.6250 768.05 80
6.3750 768.05
HOMESTEAD FL 33035 1 11/17/05 00
0440686533 03 01/01/06 0.0000
0009587395 O 12/01/35
0
10279825 462/G02 F 378,100.00 ZZ
360 377,723.60 1
6.0000 2266.91 80
5.7500 2266.91
MURRIETA CA 92563 1 11/01/05 00
0440676401 05 01/01/06 0.0000
0009685488 O 12/01/35
0
10279831 462/G02 F 290,000.00 ZZ
360 289,704.33 1
5.8750 1715.46 65
5.6250 1715.46
LA QUINTA CA 92253 1 11/14/05 00
0440676708 03 01/01/06 0.0000
0009744780 O 12/01/35
0
10279835 462/G02 F 370,750.00 ZZ
360 370,488.33 1
7.7500 2656.10 72
7.5000 2656.10
KISSIMMEE FL 34744 1 11/16/05 00
0440673192 03 01/01/06 0.0000
0009851486 O 12/01/35
0
10279837 462/G02 F 387,300.00 ZZ
360 386,941.28 1
6.3750 2416.25 80
6.1250 2416.25
STEVENSON RANCCA 91381 1 11/14/05 00
0440665602 01 01/01/06 0.0000
0009921982 O 12/01/35
0
10279839 462/G02 F 450,350.00 ZZ
360 449,901.67 1
6.0000 2700.08 78
5.7500 2700.08
MURRIETA CA 92563 1 11/08/05 00
0440673507 05 01/01/06 0.0000
0009929381 O 12/01/35
0
10279845 462/G02 F 295,450.00 ZZ
360 295,207.82 1
7.0000 1965.63 80
6.7500 1965.63
ROUND LAKE IL 60073 1 11/15/05 00
0440679595 03 01/01/06 0.0000
0009960881 O 12/01/35
0
10279851 462/G02 F 422,350.00 ZZ
360 421,929.55 1
6.0000 2532.20 80
5.7500 2532.20
MURRIETA CA 92563 1 11/16/05 00
0440686269 05 01/01/06 0.0000
0009971789 O 12/01/35
0
10279865 462/G02 F 490,800.00 ZZ
360 490,322.97 1
6.1250 2982.15 80
5.8750 2982.15
BEAUMONT CA 92223 1 11/10/05 00
0440687028 03 01/01/06 0.0000
0004880175 O 12/01/35
0
10279867 462/G02 F 604,000.00 ZZ
360 603,412.95 1
6.1250 3669.97 55
5.8750 3669.97
IRVINE CA 92620 1 11/04/05 00
0440674984 03 01/01/06 0.0000
0004895975 O 12/01/35
0
10279879 462/G02 F 363,200.00 ZZ
360 362,863.60 1
6.3750 2265.89 80
6.1250 2265.89
HEMET CA 92545 1 11/18/05 00
0440684694 05 01/01/06 0.0000
0005064274 O 12/01/35
0
10279889 462/G02 F 417,600.00 ZZ
360 417,184.28 1
6.0000 2503.73 80
5.7500 2503.73
CORONA CA 92883 1 11/16/05 00
0440679975 03 01/01/06 0.0000
0005203179 O 12/01/35
0
10279895 462/G02 F 100,950.00 ZZ
360 100,869.27 1
7.1250 680.11 80
6.8750 680.11
HUMBLE TX 77346 1 11/13/05 00
0440703742 09 01/01/06 0.0000
0005352976 N 12/01/35
0
10279897 462/G02 F 100,950.00 ZZ
360 100,869.27 1
7.1250 680.12 80
6.8750 680.12
HUMBLE TX 77346 1 11/13/05 00
0440676575 03 01/01/06 0.0000
0005353479 N 12/01/35
0
10279901 462/G02 F 598,000.00 ZZ
360 597,418.78 1
6.1250 3633.52 73
5.8750 3633.52
VALLEJO CA 94592 1 11/08/05 00
0440676542 05 01/01/06 0.0000
0005447776 O 12/01/35
0
10279911 462/G02 F 147,500.00 ZZ
360 147,349.62 1
5.8750 872.51 50
5.6250 872.51
AURORA CO 80016 1 11/08/05 00
0440684702 03 01/01/06 0.0000
0005637475 O 12/01/35
0
10279933 462/G02 F 193,900.00 ZZ
360 193,728.93 1
6.6250 1241.57 85
6.3750 1241.57
HELOTES TX 78023 1 11/09/05 11
0440679397 03 01/01/06 12.0000
0005901673 O 12/01/35
0
10279939 462/G02 F 117,600.00 ZZ
360 117,485.70 1
6.1250 714.55 75
5.8750 714.55
MINOOKA IL 60447 1 11/09/05 00
0440675403 03 01/01/06 0.0000
0005944475 O 12/01/35
0
10279945 462/G02 F 240,350.00 ZZ
360 240,167.11 1
7.3750 1660.03 80
7.1250 1660.03
CHANDLER AZ 85249 1 11/18/05 00
0440684629 03 01/01/06 0.0000
0005957378 O 12/01/35
0
10279947 462/G02 F 88,450.00 ZZ
360 88,364.03 1
6.1250 537.44 56
5.8750 537.44
ROUND ROCK TX 78664 1 11/18/05 00
0440679868 03 01/01/06 0.0000
0005983978 O 12/01/35
0
10279949 462/G02 F 392,550.00 T
360 391,784.98 1
6.1250 2385.18 80
5.8750 2385.18
LAS VEGAS NV 89131 1 10/25/05 00
0440674745 03 12/01/05 0.0000
0006033971 O 11/01/35
0
10279951 462/G02 F 220,050.00 ZZ
360 219,679.20 1
6.8750 1445.57 80
6.6250 1445.57
LAS VEGAS NV 89123 1 10/31/05 00
0440685022 03 12/01/05 0.0000
0006037576 N 11/01/35
0
10279955 462/G02 F 87,300.00 ZZ
360 87,222.98 1
6.6250 559.00 29
6.3750 559.00
ELK GROVE CA 95758 1 11/02/05 00
0440675775 01 01/01/06 0.0000
0006065775 N 12/01/35
0
10279967 462/G02 F 363,050.00 T
360 362,780.56 1
7.5000 2538.50 90
7.2500 2538.50
FT MYERS FL 34119 1 11/11/05 11
0440680635 01 01/01/06 25.0000
0006139372 O 12/01/35
0
10279983 462/G02 F 87,950.00 ZZ
360 87,868.54 1
6.3750 548.70 80
6.1250 548.70
FORT WORTH TX 76248 1 11/11/05 00
0440680809 03 01/01/06 0.0000
0006382170 O 12/01/35
0
10280015 X05/G02 F 415,000.00 ZZ
360 414,151.71 1
5.8750 2454.88 64
5.6250 2454.88
WAHIAWA HI 96786 5 10/31/05 00
0440591196 05 12/01/05 0.0000
09510314 O 11/01/35
0
10280157 X05/G02 F 91,000.00 ZZ
360 90,923.54 1
6.8750 597.81 65
6.6250 597.81
ALBANY OR 97322 2 11/08/05 00
0440578029 05 01/01/06 0.0000
18511021 N 12/01/35
0
10280211 X05/G02 F 390,000.00 ZZ
360 389,647.43 1
6.5000 2465.07 75
6.2500 2465.07
STOCKTON CA 95209 5 10/26/05 00
0440565786 05 01/01/06 0.0000
07509225 O 12/01/35
0
10280273 X05/G02 F 270,000.00 ZZ
360 269,749.93 1
6.3750 1684.45 63
6.1250 1684.45
LOS ANGELES CA 90047 5 10/31/05 00
0440566974 05 01/01/06 0.0000
11510285 O 12/01/35
0
10280447 X05/G02 F 113,600.00 ZZ
360 113,408.58 1
6.8750 746.27 80
6.6250 746.27
KETTLE FALLS WA 99141 1 10/19/05 00
0440569465 05 12/01/05 0.0000
09509093 O 11/01/35
0
10280451 X05/G02 F 241,440.00 ZZ
360 240,980.63 1
6.2500 1486.59 80
6.0000 1486.59
LANCASTER CA 93535 1 10/27/05 00
0440570570 05 12/01/05 0.0000
11510040 O 11/01/35
0
10280475 X05/G02 F 159,300.00 T
360 159,169.42 1
7.0000 1059.83 90
6.7500 1059.83
ALBUQUERQUE NM 87121 1 11/04/05 12
0440570372 03 01/01/06 25.0000
6085032 O 12/01/35
0
10280483 X05/G02 F 400,000.00 ZZ
360 399,620.46 1
6.2500 2462.87 65
6.0000 2462.87
WHITTIER AREA CA 90604 5 11/01/05 00
0440566602 05 01/01/06 0.0000
11510255 O 12/01/35
0
10280751 E22/G01 F 184,000.00 ZZ
360 184,000.00 1
7.0000 1073.33 80
6.7500 1073.33
SURPRISE AZ 85374 5 11/16/05 00
0425837671 03 01/01/06 0.0000
0425837671 O 12/01/35
0
10280753 E22/G02 F 184,800.00 ZZ
360 184,659.38 1
7.3750 1276.37 80
7.1250 1276.37
PALM COAST FL 32137 1 11/22/05 00
0425843976 05 01/01/06 0.0000
0425843976 O 12/01/35
0
10280971 E22/G02 F 260,300.00 ZZ
360 260,081.31 1
6.8750 1709.99 80
6.6250 1709.99
SALEM OR 97302 1 11/19/05 00
0426204400 05 01/01/06 0.0000
0426204400 O 12/01/35
0
10280999 E22/G02 F 280,000.00 ZZ
360 279,770.48 1
7.0000 1862.85 80
6.7500 1862.85
DUBLIN OH 43017 1 11/23/05 00
0426225066 03 01/01/06 0.0000
0426225066 O 12/01/35
0
10281101 E22/G02 F 92,700.00 ZZ
360 92,634.58 1
7.7500 664.11 90
7.5000 664.11
LAKEWOOD OH 44107 1 11/23/05 01
0426307633 05 01/01/06 30.0000
0426307633 O 12/01/35
0
10281529 X05/G02 F 184,000.00 ZZ
360 183,641.42 1
6.1250 1118.00 80
5.8750 1118.00
YACHATS OR 97498 1 10/26/05 00
0440570414 05 12/01/05 0.0000
18510242 N 11/01/35
0
10281545 X05/G02 F 252,750.00 ZZ
360 252,515.90 1
6.3750 1576.83 75
6.1250 1576.83
MERCED CA 95340 2 10/28/05 00
0440565927 05 01/01/06 0.0000
07510296 O 12/01/35
0
10282209 E22/G02 F 106,000.00 ZZ
360 105,925.18 1
7.7500 759.40 80
7.5000 759.40
CONWAY SC 29527 1 11/28/05 00
0426412805 03 01/01/06 0.0000
0426412805 O 12/01/35
0
10282479 E22/G02 F 262,200.00 ZZ
360 262,024.07 1
8.0000 1923.93 95
7.7500 1923.93
HENDERSONVILLENC 28791 1 11/28/05 10
0426145108 05 01/01/06 35.0000
0426145108 O 12/01/35
0
10282595 E22/G02 F 113,520.00 ZZ
360 113,431.44 1
7.2500 774.41 80
7.0000 774.41
CINCINNATI OH 45223 1 11/28/05 00
0426260246 05 01/01/06 0.0000
0426260246 O 12/01/35
0
10282597 E22/G01 F 75,000.00 T
360 74,930.54 1
6.3750 467.90 32
6.1250 467.90
HOUSTON TX 77095 1 11/22/05 00
0426263620 03 01/01/06 0.0000
0426263620 O 12/01/35
0
10283629 W99/G02 F 96,800.00 ZZ
360 96,716.66 1
6.7500 627.84 80
6.5000 627.84
SUMTER SC 29150 1 11/21/05 00
0440664381 05 01/01/06 0.0000
94039312 O 12/01/35
0
10284771 696/G02 F 439,500.00 ZZ
360 439,112.24 1
6.6250 2814.17 65
6.3750 2814.17
ALEXANDRIA VA 22308 5 11/16/05 00
0440575652 05 01/01/06 0.0000
24605255 O 12/01/35
0
10284793 E22/G02 F 64,000.00 ZZ
360 63,954.83 1
7.7500 458.50 78
7.5000 458.50
GEORGETOWN TN 37336 2 11/30/05 00
0426189973 05 01/01/06 0.0000
0426189973 O 12/01/35
0
10285011 E22/G02 F 202,500.00 ZZ
360 202,329.88 2
6.8750 1330.28 75
6.6250 1330.28
NASHUA NH 03060 5 11/29/05 00
0425698222 05 01/01/06 0.0000
0425698222 N 12/01/35
0
10285053 E22/G01 F 110,000.00 ZZ
360 110,000.00 1
6.5000 595.83 19
6.2500 595.83
GAINESVILLE VA 20155 1 11/29/05 00
0426349015 05 01/01/06 0.0000
0426349015 O 12/01/35
0
10285195 E22/G01 F 194,000.00 ZZ
360 194,000.00 1
6.6250 1071.04 75
6.3750 1071.04
ARVADA CO 80004 2 11/23/05 00
0425975075 05 01/01/06 0.0000
0425975075 O 12/01/35
0
10285211 E22/G02 F 184,000.00 ZZ
360 183,843.56 3
7.6250 1302.34 80
7.3750 1302.34
TORRINGTON CT 06790 1 11/29/05 00
0425994597 05 01/01/06 0.0000
0425994597 N 12/01/35
0
10285350 696/G02 F 336,250.00 T
360 336,250.00 1
7.2500 2031.51 90
7.0000 2031.51
GAINESVILLE VA 20155 1 12/28/05 12
0440837557 01 02/01/06 25.0000
33805149 O 01/01/36
0
10285671 462/G02 F 175,250.00 ZZ
360 175,106.35 1
7.0000 1165.95 80
6.7500 1165.95
MONTGOMERY IL 60538 1 11/21/05 00
0440683563 05 01/01/06 0.0000
0006617674 N 12/01/35
0
10285697 462/G02 F 382,700.00 ZZ
360 382,362.35 1
6.6250 2450.48 95
6.3750 2450.48
HUNTLEY IL 60142 1 11/22/05 11
0440716066 05 01/01/06 30.0000
0008367385 O 12/01/35
0
10285711 462/G02 F 424,950.00 ZZ
360 424,516.74 1
5.8750 2513.74 62
5.6250 2513.74
VALLEJO CA 94592 1 11/18/05 00
0440715092 05 01/01/06 0.0000
0009513284 O 12/01/35
0
10285713 462/G02 F 290,950.00 ZZ
360 290,705.57 1
6.8750 1911.34 66
6.6250 1911.34
LAND O LAKES FL 34638 1 11/16/05 00
0440716082 05 01/01/06 0.0000
0006286173 O 12/01/35
0
10285727 462/G02 F 127,150.00 ZZ
360 127,029.36 1
6.2500 782.89 80
6.0000 782.89
LITTLE ELM TX 75068 1 11/10/05 00
0440716850 03 01/01/06 0.0000
0006381370 O 12/01/35
0
10285731 462/G02 F 536,900.00 ZZ
360 536,390.57 1
6.2500 3305.79 80
6.0000 3305.79
OCEANSIDE CA 92056 1 11/04/05 00
0440681005 01 01/01/06 0.0000
0005459672 O 12/01/35
0
10285737 462/G02 F 334,550.00 ZZ
360 334,295.43 1
7.3750 2310.66 90
7.1250 2310.66
LAND O LAKES FL 34639 1 11/17/05 11
0440701993 03 01/01/06 25.0000
0006480974 O 12/01/35
0
10285767 462/G02 F 249,150.00 ZZ
360 248,935.50 1
6.7500 1615.99 70
6.5000 1615.99
SAN JACINTO CA 92583 1 11/07/05 00
0440712404 05 01/01/06 0.0000
0009594482 O 12/01/35
0
10285773 462/G02 F 748,300.00 ZZ
360 747,500.02 1
5.6250 4307.64 80
5.3750 4307.64
CORONA CA 92883 1 11/09/05 00
0440712438 05 01/01/06 0.0000
0009115288 O 12/01/35
0
10285787 462/G02 F 357,550.00 ZZ
360 357,218.84 1
6.3750 2230.65 80
6.1250 2230.65
MURRIETA CA 92562 1 11/17/05 00
0440680478 05 01/01/06 0.0000
0009208885 O 12/01/35
0
10285813 462/G02 F 383,000.00 ZZ
360 382,645.27 1
6.3750 2389.43 61
6.1250 2389.43
MOUNTAIN HOUSECA 95391 1 11/08/05 00
0440712354 05 01/01/06 0.0000
0007602584 O 12/01/35
0
10285827 462/G02 F 356,300.00 ZZ
360 355,993.23 1
6.7500 2310.96 80
6.5000 2310.96
CHICAGO IL 60630 1 11/22/05 00
0440712370 01 01/01/06 0.0000
0005835871 O 12/01/35
0
10285839 462/G02 F 236,050.00 ZZ
360 235,820.57 1
6.1250 1434.27 80
5.8750 1434.27
BAKERSFIELD CA 93311 1 11/08/05 00
0440715084 05 01/01/06 0.0000
0005822671 O 12/01/35
0
10285857 462/G02 F 719,350.00 ZZ
360 718,650.84 1
6.1250 4370.85 70
5.8750 4370.85
FREMONT CA 94539 1 11/10/05 00
0440715100 05 01/01/06 0.0000
0008321689 O 12/01/35
0
10285861 462/G02 F 279,600.00 ZZ
360 279,334.70 1
6.2500 1721.55 85
6.0000 1721.55
BAKERSFIELD CA 93312 1 11/11/05 11
0440717221 05 01/01/06 12.0000
0006430177 O 12/01/35
0
10285887 462/G02 F 664,050.00 ZZ
360 663,434.96 1
6.3750 4142.81 80
6.1250 4142.81
GLENDORA CA 91741 1 11/09/05 00
0440715035 03 01/01/06 0.0000
0004866687 O 12/01/35
0
10285891 462/G02 F 115,200.00 ZZ
360 115,093.30 1
6.3750 718.70 80
6.1250 718.70
FT WORTH TX 76052 1 11/07/05 00
0440710267 03 01/01/06 0.0000
0005466776 O 12/01/35
0
10285893 462/G02 F 488,000.00 ZZ
360 487,539.97 1
6.2500 3004.70 67
6.0000 3004.70
INDIO CA 92201 1 11/03/05 00
0440680544 03 01/01/06 0.0000
0009164187 O 12/01/35
0
10286077 462/G02 F 229,000.00 ZZ
360 228,766.52 1
5.8750 1354.63 80
5.6250 1354.63
BAKERSFIELD CA 93311 1 11/10/05 00
0440717122 05 01/01/06 0.0000
0004911376 O 12/01/35
0
10286239 X94/G02 F 76,400.00 ZZ
360 76,348.64 2
7.9900 560.06 80
7.7400 560.06
EAU CLAIRE WI 54703 1 11/29/05 00
0440669299 05 01/01/06 0.0000
992426 N 12/01/35
0
10286275 462/G02 F 212,000.00 ZZ
360 211,830.47 1
7.1250 1428.29 84
6.8750 1428.29
WESLEY CHAPEL FL 33544 1 11/11/05 04
0440712453 05 01/01/06 12.0000
0005018379 N 12/01/35
0
10286277 X64/G02 F 75,000.00 ZZ
360 74,936.99 1
6.8750 492.70 80
6.6250 492.70
DETROIT MI 48224 5 11/14/05 00
0440681401 05 01/01/06 0.0000
0000050105 O 12/01/35
0
10286333 462/G02 F 260,100.00 ZZ
360 259,864.87 1
6.5000 1644.01 80
6.2500 1644.01
GRIDLEY CA 95948 1 11/16/05 00
0440715910 05 01/01/06 0.0000
0005736475 O 12/01/35
0
10286799 E22/G02 F 76,500.00 ZZ
360 76,434.13 1
6.7500 496.18 62
6.5000 496.18
PUEBLO CO 81005 2 11/30/05 00
0426300927 05 01/01/06 0.0000
0426300927 N 12/01/35
0
10286809 E22/G02 F 57,200.00 ZZ
360 57,160.64 1
7.8750 414.74 80
7.6250 414.74
KANSAS CITY MO 64127 2 11/30/05 00
0426305462 05 01/01/06 0.0000
0426305462 N 12/01/35
0
10286821 E22/G02 F 71,000.00 ZZ
360 70,951.14 1
7.8750 514.80 78
7.6250 514.80
YAKIMA WA 98902 5 11/22/05 00
0426309183 05 01/01/06 0.0000
0426309183 O 12/01/35
0
10286845 E22/G02 F 126,000.00 ZZ
360 125,917.57 1
8.1250 935.55 90
7.8750 935.55
COLUMBUS OH 43229 1 11/30/05 11
0426323846 05 01/01/06 25.0000
0426323846 N 12/01/35
0
10286995 E22/G02 F 88,000.00 ZZ
360 87,929.63 1
7.1250 592.87 80
6.8750 592.87
PUEBLO CO 81001 1 11/29/05 00
0426390571 05 01/01/06 0.0000
0426390571 O 12/01/35
0
10287009 E22/G02 F 50,400.00 ZZ
360 50,362.60 1
7.5000 352.40 80
7.2500 352.40
JACKSON MS 39206 1 11/30/05 00
0426400792 05 01/01/06 0.0000
0426400792 N 12/01/35
0
10287155 E22/G02 F 307,200.00 ZZ
360 306,948.19 3
7.0000 2043.81 80
6.7500 2043.81
PATERSON NJ 07522 1 11/30/05 00
0426245015 05 01/01/06 0.0000
0426245015 N 12/01/35
0
10287185 E22/G02 F 351,400.00 ZZ
360 350,050.18 1
6.0000 2106.82 46
5.7500 2106.82
VISALIA CA 93292 5 11/23/05 00
0426278735 05 01/01/06 0.0000
0426278735 O 12/01/35
0
10287269 E22/G02 F 104,000.00 ZZ
360 103,922.82 1
7.5000 727.18 80
7.2500 727.18
LEO IN 46765 1 11/30/05 00
0426530754 05 01/01/06 0.0000
0426530754 O 12/01/35
0
10287281 E22/G02 F 88,800.00 ZZ
360 88,728.99 1
7.1250 598.26 80
6.8750 598.26
GARLAND TX 75041 1 11/30/05 00
0426566873 05 01/01/06 0.0000
0426566873 O 12/01/35
0
10287333 E22/G02 F 119,200.00 ZZ
360 119,097.37 4
6.7500 773.13 80
6.5000 773.13
COHOES NY 12047 1 11/30/05 00
0425598885 05 01/01/06 0.0000
0425598885 N 12/01/35
0
10287385 E22/G02 F 113,400.00 ZZ
360 113,315.84 1
7.5000 792.91 90
7.2500 792.91
BOCA RATON FL 33847 1 11/28/05 04
0425840162 01 01/01/06 25.0000
0425840162 N 12/01/35
0
10287477 E22/G02 F 92,650.00 ZZ
360 92,554.81 1
7.2500 632.04 78
7.0000 632.04
SPRINGFIELD OR 97477 2 11/29/05 00
0426070918 05 01/01/06 0.0000
0426070918 N 12/01/35
0
10287857 E82/G02 F 108,100.00 ZZ
360 108,006.93 1
6.7500 701.13 81
6.5000 701.13
PLAINWELL MI 49080 2 11/25/05 04
0401197454 05 01/01/06 12.0000
0401197454 O 12/01/35
0
10287871 E82/G02 F 110,400.00 ZZ
360 110,313.88 1
7.2500 753.12 80
7.0000 753.12
SAINT LOUIS MO 63126 2 11/25/05 00
0401191382 05 01/01/06 0.0000
0401191382 O 12/01/35
0
10287897 E82/G02 F 90,000.00 ZZ
360 89,933.21 1
7.5000 629.29 90
7.2500 629.29
DETROIT MI 48228 2 11/25/05 04
0401191309 05 01/01/06 25.0000
0401191309 N 12/01/35
0
10288435 P01/G02 F 114,400.00 ZZ
360 114,317.20 2
7.6250 809.72 80
7.3750 809.72
COHOES NY 12047 1 11/16/05 00
0440678514 05 01/01/06 0.0000
050005249 O 12/01/35
0
10288509 E82/G01 F 75,000.00 ZZ
360 74,936.99 1
6.8750 492.70 92
6.6250 492.70
OAK PARK MI 48237 2 11/14/05 04
0401190004 05 01/01/06 30.0000
0401190004 O 12/01/35
0
10288705 Q30/G02 F 92,800.00 ZZ
360 92,729.38 2
7.3750 640.95 80
7.1250 640.95
WATERBURY CT 06706 1 11/18/05 00
0440679140 05 01/01/06 0.0000
40048111 N 12/01/35
0
10288853 E22/G02 F 327,920.00 T
360 327,664.19 1
7.2500 2236.99 80
7.0000 2236.99
HOBE SOUND FL 33455 1 12/01/05 00
0424260453 03 01/01/06 0.0000
0424260453 O 12/01/35
0
10288967 E22/G02 F 52,000.00 ZZ
360 51,948.23 1
6.0000 311.77 70
5.7500 311.77
ASHEVILLE NC 28803 5 12/01/05 00
0426208849 05 01/01/06 0.0000
0426208849 N 12/01/35
0
10289013 E22/G02 F 86,400.00 ZZ
360 86,323.48 1
8.1250 641.52 90
7.8750 641.52
RICHMOND VA 23223 1 12/01/05 04
0426339511 05 01/01/06 25.0000
0426339511 N 12/01/35
0
10289033 E22/G02 F 104,500.00 ZZ
360 104,414.34 2
7.0000 695.24 78
6.7500 695.24
HAMMOND LA 70403 2 12/01/05 00
0426379053 05 01/01/06 0.0000
0426379053 N 12/01/35
0
10289035 E22/G02 F 104,500.00 ZZ
360 104,414.34 2
7.0000 695.24 78
6.7500 695.24
HAMMOND LA 70403 2 12/01/05 00
0426379376 05 01/01/06 0.0000
0426379376 N 12/01/35
0
10289037 E22/G02 F 104,500.00 ZZ
360 104,414.34 2
7.0000 695.24 78
6.7500 695.24
HAMMOND LA 70403 2 12/01/05 00
0426379699 05 01/01/06 0.0000
0426379699 N 12/01/35
0
10289039 E22/G02 F 104,500.00 ZZ
360 104,414.34 2
7.0000 695.24 78
6.7500 695.24
HAMMOND LA 70403 2 12/01/05 00
0426379723 05 01/01/06 0.0000
0426379723 N 12/01/35
0
10289041 E22/G02 F 104,500.00 ZZ
360 104,414.34 2
7.0000 695.24 78
6.7500 695.24
HAMMOND LA 70403 2 12/01/05 00
0426379749 05 01/01/06 0.0000
0426379749 N 12/01/35
0
10289055 E22/G02 F 76,800.00 ZZ
360 76,800.00 1
7.5000 537.00 80
7.2500 537.00
SEAGOVILLE TX 75159 2 12/01/05 00
0426404687 05 02/01/06 0.0000
0426404687 N 01/01/36
0
10289059 E22/G02 F 207,000.00 ZZ
360 206,842.49 1
7.3750 1429.70 90
7.1250 1429.70
LEHIGH ACRES FL 33972 1 12/01/05 10
0426413399 05 01/01/06 30.0000
0426413399 O 12/01/35
0
10289085 E22/G02 F 103,200.00 ZZ
360 103,119.49 1
7.2500 704.01 80
7.0000 704.01
LIBURN GA 30047 1 12/01/05 00
0426446019 05 01/01/06 0.0000
0426446019 O 12/01/35
0
10289105 E22/G02 F 98,400.00 ZZ
360 98,330.55 1
7.7500 704.95 80
7.5000 704.95
KANSAS CITY MO 64134 2 12/01/05 00
0426473179 03 01/01/06 0.0000
0426473179 N 12/01/35
0
10289115 E22/G02 F 54,450.00 ZZ
360 54,412.53 1
7.8750 394.80 90
7.6250 394.80
HOUSTON TX 77091 1 12/01/05 10
0426489779 05 01/01/06 25.0000
0426489779 N 12/01/35
0
10289409 Z51/Z51 F 755,000.00 ZZ
360 751,970.93 1
6.0000 4526.61 69
5.7500 4526.61
PAWLEYS ISLANDSC 29585 1 08/16/05 00
777008574 05 10/01/05 0.0000
777008574 N 09/01/35
0
10289463 Z51/Z51 F 749,500.00 ZZ
360 746,563.71 1
6.1250 4554.04 77
5.8750 4554.04
VADNAIS HEIGHTMN 55127 5 08/17/05 00
777009560 05 10/01/05 0.0000
777009560 O 09/01/35
0
10289467 Z51/Z51 F 724,000.00 ZZ
360 724,000.00 1
6.3750 3846.25 80
6.1250 3846.25
SAN BRUNO CA 94066 1 08/15/05 00
777009563 05 10/01/05 0.0000
777009563 O 09/01/35
0
10289469 Z51/Z51 F 494,400.00 ZZ
360 494,400.00 1
6.5000 2678.00 80
6.2500 2678.00
OAKLAND CA 94609 5 08/30/05 00
777009568 05 11/01/05 0.0000
777009568 O 10/01/35
0
10289473 Z51/Z51 F 540,000.00 ZZ
360 539,868.05 1
6.3750 2868.75 80
6.1250 2868.75
HALF MOON BAY CA 94019 1 08/18/05 00
777009570 05 10/01/05 0.0000
777009570 O 09/01/35
0
10289475 Z51/Z51 F 647,200.00 ZZ
360 647,200.00 1
6.3750 3438.25 80
6.1250 3438.25
SOUTH SAN FRANCA 94080 1 08/29/05 00
777009574 05 10/01/05 0.0000
777009574 O 09/01/35
0
10289481 Z51/Z51 F 496,000.00 ZZ
360 496,000.00 1
6.5000 2686.67 80
6.2500 2686.67
PINOLE CA 94564 1 09/02/05 00
777009577 05 11/01/05 0.0000
777009577 O 10/01/35
0
10289493 Z51/Z51 F 649,000.00 ZZ
360 646,517.48 1
6.2500 3996.01 74
6.0000 3996.01
SAN DIEGO CA 92115 5 09/01/05 00
777009841 05 11/01/05 0.0000
777009841 O 10/01/35
0
10289495 Z51/Z51 F 532,500.00 ZZ
360 528,848.58 1
5.8750 3149.94 75
5.6250 3149.94
ALTADENA CA 91001 5 09/02/05 00
777009842 05 11/01/05 0.0000
777009842 O 10/01/35
0
10289503 Z51/Z51 F 660,000.00 ZZ
360 659,860.09 1
6.6250 3643.75 80
6.3750 3643.75
SARATOGA CA 95070 1 09/07/05 00
777010350 05 11/01/05 0.0000
777010350 O 10/01/35
0
10290053 L21/G02 F 250,000.00 ZZ
360 249,784.75 1
6.7500 1621.50 47
6.5000 1621.50
OAKLAND CA 94601 5 11/18/05 00
0440582039 05 01/01/06 0.0000
16507969 O 12/01/35
0
10290451 P27/G02 F 92,000.00 ZZ
360 91,910.58 1
6.1250 559.00 80
5.8750 559.00
APPLETON WI 54914 2 11/17/05 00
0440687721 05 01/01/06 0.0000
3131039847 O 12/01/35
0
10292643 E22/G02 F 239,900.00 ZZ
360 239,698.46 1
6.8750 1575.97 100
6.6250 1575.97
PALM CITY FL 34990 1 12/02/05 01
0425812708 01 01/01/06 35.0000
0425812708 O 12/01/35
0
10292653 E22/G02 F 53,000.00 ZZ
360 53,000.00 1
7.2500 361.55 69
7.0000 361.55
PUEBLO CO 81003 2 12/02/05 00
0425895059 05 02/01/06 0.0000
0425895059 N 01/01/36
0
10292685 E22/G02 F 90,900.00 ZZ
360 90,830.84 1
7.3750 627.82 90
7.1250 627.82
HOPEWELL VA 23860 1 12/02/05 10
0426034419 05 01/01/06 25.0000
0426034419 N 12/01/35
0
10292739 E22/G01 F 76,475.00 ZZ
360 76,475.00 1
7.2500 521.69 95
7.0000 521.69
FLORENCE AL 35630 1 12/02/05 04
0426186169 05 02/01/06 30.0000
0426186169 O 01/01/36
0
10292743 E22/G02 F 95,400.00 ZZ
360 95,334.34 1
7.8750 691.72 90
7.6250 691.72
REDFORD MI 48240 1 12/02/05 04
0426196275 05 01/01/06 25.0000
0426196275 N 12/01/35
0
10292745 E22/G02 F 336,000.00 ZZ
360 335,756.81 1
7.6250 2378.19 80
7.3750 2378.19
CARSON CITY NV 89703 1 11/09/05 00
0426196382 05 01/01/06 0.0000
0426196382 N 12/01/35
0
10292777 E22/G02 F 28,050.00 ZZ
360 28,030.21 1
7.7500 200.95 75
7.5000 200.95
ATHENS AL 35614 1 12/02/05 00
0426269726 05 01/01/06 0.0000
0426269726 O 12/01/35
0
10292877 E22/G02 F 68,000.00 ZZ
360 67,949.53 1
7.5000 475.47 80
7.2500 475.47
TAYLORSVILLE MS 39168 1 12/02/05 00
0426410122 05 01/01/06 0.0000
0426410122 O 12/01/35
0
10292935 E22/G02 F 171,450.00 ZZ
360 171,312.89 1
7.1250 1155.09 90
6.8750 1155.09
MELBOURNE FL 32901 1 11/30/05 10
0426508818 03 01/01/06 25.0000
0426508818 N 12/01/35
0
10292951 E22/G02 F 79,200.00 ZZ
360 79,131.81 1
6.7500 513.69 80
6.5000 513.69
DALLAS TX 75219 1 12/02/05 00
0426527743 01 01/01/06 0.0000
0426527743 O 12/01/35
0
10292961 E22/G02 F 111,920.00 ZZ
360 111,842.98 1
7.8750 811.50 80
7.6250 811.50
MOBILE AL 36695 1 12/02/05 00
0426546271 05 01/01/06 0.0000
0426546271 N 12/01/35
0
10292975 E22/G02 F 311,200.00 ZZ
360 310,974.77 1
7.6250 2202.65 80
7.3750 2202.65
HOUSTON TX 77025 1 12/02/05 00
0426569836 05 01/01/06 0.0000
0426569836 N 12/01/35
0
10293373 462/G02 F 198,150.00 ZZ
360 197,983.53 1
6.8750 1301.71 95
6.6250 1301.71
FAIRVIEW TX 75069 1 11/17/05 11
0440712560 03 01/01/06 30.0000
0005684071 O 12/01/35
0
10293383 462/G02 F 77,550.00 ZZ
360 77,472.80 1
6.0000 464.96 80
5.7500 464.96
DALLAS TX 75241 1 11/08/05 00
0440701506 05 01/01/06 0.0000
0006132575 N 12/01/35
0
10293417 462/G02 F 78,750.00 ZZ
360 78,678.81 1
6.5000 497.76 80
6.2500 497.76
DALLAS TX 75241 1 11/09/05 00
0440680460 05 01/01/06 0.0000
0006016075 N 12/01/35
0
10293681 S54/G02 F 95,920.00 ZZ
360 95,848.81 1
7.5000 670.69 80
7.2500 670.69
INDIANAPOLIS IN 46268 1 12/02/05 00
0440694966 05 01/01/06 0.0000
12023109 O 12/01/35
0
10293831 477/G02 F 304,000.00 ZZ
360 303,738.26 1
6.7500 1971.74 80
6.5000 1971.74
ONTARIO CA 91764 5 11/17/05 00
0440687564 05 01/01/06 0.0000
267229 O 12/01/35
0
10295051 E22/G02 F 276,800.00 ZZ
360 276,800.00 1
7.5000 1935.43 80
7.2500 1935.43
HIALEAH FL 33014 1 12/05/05 00
0425808235 05 02/01/06 0.0000
0425808235 O 01/01/36
0
10295153 E22/G02 F 68,800.00 ZZ
360 68,748.94 3
7.5000 481.06 80
7.2500 481.06
TROY NY 12180 1 12/05/05 00
0426158960 05 01/01/06 0.0000
0426158960 N 12/01/35
0
10295185 E22/G02 F 152,000.00 ZZ
360 151,878.45 2
7.1250 1024.05 80
6.8750 1024.05
METAIRIE LA 70001 1 12/05/05 00
0426203543 05 01/01/06 0.0000
0426203543 N 12/01/35
0
10295269 E22/G02 F 197,100.00 ZZ
360 196,957.35 1
7.6250 1395.06 90
7.3750 1395.06
DEERFIELD WI 53531 2 11/29/05 04
0426322061 05 01/01/06 25.0000
0426322061 O 12/01/35
0
10295337 E22/G02 F 172,000.00 ZZ
360 171,865.83 1
7.2500 1173.34 80
7.0000 1173.34
FORT COLLINS CO 80526 2 11/29/05 00
0426359022 05 01/01/06 0.0000
0426359022 O 12/01/35
0
10295441 E22/G02 F 117,000.00 ZZ
360 117,000.00 4
7.2500 798.15 90
7.0000 798.15
LANCASTER PA 17602 1 12/05/05 04
0426457222 05 02/01/06 25.0000
0426457222 N 01/01/36
0
10295497 E22/G02 F 211,200.00 T
360 211,200.00 1
6.8750 1387.43 80
6.6250 1387.43
TEMPE AZ 85282 1 12/01/05 00
0426515300 05 02/01/06 0.0000
0426515300 O 01/01/36
0
10297137 462/G02 F 78,750.00 ZZ
360 78,678.81 1
6.5000 497.76 80
6.2500 497.76
DALLAS TX 75241 1 11/09/05 00
0440680585 05 01/01/06 0.0000
0006280473 N 12/01/35
0
10297177 Y78/G02 F 118,400.00 ZZ
240 118,154.93 1
6.3750 874.07 80
6.1250 874.07
WHITEHALL OH 43213 2 11/30/05 00
0440698371 05 01/01/06 0.0000
149095801 O 12/01/25
0
10297365 X64/G02 F 480,000.00 ZZ
360 480,000.00 1
7.1250 2850.00 80
6.8750 2850.00
LA GRANGE IL 60525 5 11/23/05 00
0440689792 05 01/01/06 0.0000
00000505426 O 12/01/35
0
10297419 975/G02 F 330,000.00 ZZ
360 329,722.76 1
6.8750 2167.87 65
6.6250 2167.87
HACIENDA HEIGHCA 91745 1 11/22/05 00
0440701910 05 01/01/06 0.0000
2054768 N 12/01/35
0
10297445 X64/G02 F 132,000.00 ZZ
360 131,880.67 1
6.5000 834.33 80
6.2500 834.33
WIXOM MI 48393 1 11/23/05 00
0440695138 01 01/01/06 0.0000
0000049392 O 12/01/35
0
10297473 P44/G02 F 649,500.00 ZZ
360 649,017.98 1
7.5000 4541.40 75
7.2500 4541.40
BOSTON MA 02116 5 12/01/05 00
0440685485 06 01/01/06 0.0000
0511290007 N 12/01/35
0
10297525 L21/G02 F 190,000.00 ZZ
360 189,832.36 1
6.6250 1216.60 75
6.3750 1216.60
HOOKSETT NH 03106 2 11/21/05 00
0440691483 05 01/01/06 0.0000
28507630 O 12/01/35
0
10297711 E22/G02 F 45,000.00 ZZ
360 45,000.00 1
8.1250 334.12 75
7.8750 334.12
MEMPHIS TN 38127 2 12/06/05 00
0426566972 05 02/01/06 0.0000
0426566972 N 01/01/36
0
10297801 E22/G02 F 105,600.00 ZZ
360 105,521.63 1
7.5000 738.37 80
7.2500 738.37
KUNA ID 83634 1 11/30/05 00
0426111712 05 01/01/06 0.0000
0426111712 N 12/01/35
0
10297829 E22/G02 F 138,600.00 ZZ
360 138,483.56 1
6.8750 910.50 80
6.6250 910.50
CORNEILUS NC 28031 1 12/06/05 00
0426188991 03 01/01/06 0.0000
0426188991 O 12/01/35
0
10297891 E22/G02 F 281,400.00 ZZ
360 281,132.99 1
6.2500 1732.63 33
6.0000 1732.63
LAKE ARROWHEADCA 92352 5 11/28/05 00
0426301255 05 01/01/06 0.0000
0426301255 N 12/01/35
0
10298043 E22/G02 F 73,600.00 ZZ
360 73,543.99 1
7.3750 508.34 80
7.1250 508.34
HANOVER PA 17331 1 12/06/05 00
0426417184 05 01/01/06 0.0000
0426417184 O 12/01/35
0
10298055 E22/G02 F 157,500.00 ZZ
360 157,388.84 1
7.7500 1128.35 90
7.5000 1128.35
MONROE NC 28110 1 12/06/05 04
0426426995 03 01/01/06 25.0000
0426426995 N 12/01/35
0
10298061 E22/G02 F 259,920.00 ZZ
360 259,701.64 1
6.8750 1707.49 80
6.6250 1707.49
OLIVE BRANCH MS 38654 1 12/06/05 00
0426439535 05 01/01/06 0.0000
0426439535 O 12/01/35
0
10298279 L21/G02 F 420,000.00 ZZ
300 419,481.52 1
7.0000 2968.48 55
6.7500 2968.48
NEWTON PA 18940 5 11/21/05 00
0440680817 05 01/01/06 0.0000
28509196 O 12/01/30
0
10303117 313/G02 F 344,400.00 ZZ
360 344,088.65 1
6.5000 2176.85 65
6.2500 2176.85
PHILADELPHIA PA 19106 1 12/01/05 00
0440714863 01 01/01/06 0.0000
10912632 O 12/01/35
0
10303345 A68/G02 F 90,800.00 ZZ
360 90,729.16 1
7.2500 619.42 80
7.0000 619.42
XXXXXXXXXX XX 00000 1 11/28/05 00
0440704724 05 01/01/06 0.0000
2001107750 N 12/01/35
0
10303347 U85/G02 F 61,875.00 ZZ
360 61,823.02 1
6.8750 406.47 75
6.6250 406.47
XXXXXXXXXXXX XX 00000 2 12/01/05 00
0440676534 05 01/01/06 0.0000
0505061612 O 12/01/35
0
10303407 Q30/G02 F 286,000.00 ZZ
360 285,741.46 2
6.5000 1807.71 64
6.2500 1807.71
XXXXXXXX XX 00000 5 11/29/05 00
0440681732 05 01/01/06 0.0000
40048599 O 12/01/35
0
10303689 E22/G02 F 78,300.00 ZZ
360 78,300.00 3
7.2500 534.14 90
7.0000 534.14
XXXXXXXXXX XX 00000 1 12/07/05 04
0425844719 05 02/01/06 25.0000
0425844719 N 01/01/36
0
10303719 E22/G02 F 90,000.00 ZZ
360 89,929.79 1
7.2500 613.96 70
7.0000 613.96
XXXXXXX XX 00000 1 12/07/05 00
0426004925 05 01/01/06 0.0000
0426004925 O 12/01/35
0
10303723 E22/G02 F 57,600.00 ZZ
360 57,600.00 3
7.8750 417.64 90
7.6250 417.64
XXXXXX XX 00000 1 12/07/05 04
0426029427 05 02/01/06 25.0000
0426029427 N 01/01/36
0
10303729 E22/G02 F 55,200.00 ZZ
360 55,200.00 1
7.7500 395.46 80
7.5000 395.46
XXXXXXXXXX XX 00000 2 12/07/05 00
0426046074 05 02/01/06 0.0000
0426046074 N 01/01/36
0
10303741 E22/G02 F 39,750.00 ZZ
360 39,750.00 3
8.1250 295.14 75
7.8750 295.14
XXXXX XX 00000 5 12/07/05 00
0426098216 05 02/01/06 0.0000
0426098216 N 01/01/36
0
10303803 E22/G02 F 80,000.00 ZZ
360 79,940.63 1
7.5000 559.37 80
7.2500 559.37
XXXXXXXXXX XX 00000 1 12/07/05 00
0426269056 05 01/01/06 0.0000
0426269056 O 12/01/35
0
10303845 E22/G02 F 57,000.00 ZZ
360 57,000.00 1
7.5000 398.55 75
7.2500 398.55
XXXXXXXXXX XX 00000 5 12/07/05 00
0426339347 05 02/01/06 0.0000
0426339347 N 01/01/36
0
10303901 E22/G02 F 250,000.00 ZZ
360 250,000.00 1
6.7500 1621.50 80
6.5000 1621.50
XXXXXXXX XX 00000 1 12/05/05 00
0426382511 05 02/01/06 0.0000
0426382511 O 01/01/36
0
10303989 E22/G02 F 207,000.00 ZZ
360 207,000.00 3
7.1250 1394.60 79
6.8750 1394.60
XXX XXXXX XX 00000 2 12/07/05 00
0426444006 05 02/01/06 0.0000
0426444006 N 01/01/36
0
10304369 E82/G02 F 298,100.00 ZZ
360 298,100.00 1
7.7500 2135.62 88
7.5000 2135.62
XXXXXXXXXX XX 00000 2 12/06/05 04
0401194071 03 02/01/06 25.0000
0401194071 N 01/01/36
0
10304727 168/168 F 600,000.00 T
360 598,830.68 1
6.1250 3645.67 15
5.8750 3645.67
XXXXX XX 00000 2 10/24/05 00
0579326411 05 12/01/05 0.0000
0579326411 O 11/01/35
0
10304729 168/168 F 600,000.00 T
360 598,830.68 1
6.1250 3645.67 14
5.8750 3645.67
XXXXX XX 00000 5 10/24/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10304733 168/168 F 507,500.00 ZZ
360 506,534.41 1
6.2500 3124.77 79
6.0000 3124.77
XXXXXXXXX XX 00000 5 10/17/05 00
0579328775 05 12/01/05 0.0000
0579328775 O 11/01/35
0
10304763 168/168 F 191,200.00 ZZ
360 190,900.78 1
7.2500 1304.33 80
7.0000 1304.33
XXXX XXXXX XX 00000 1 10/20/05 00
0579368378 05 12/01/05 0.0000
0579368378 O 11/01/35
0
10304771 168/168 F 420,000.00 T
360 418,080.88 1
6.5000 2654.69 70
6.2500 2654.69
XXX XXXX XX 00000 1 07/29/05 00
0000000000 11 09/01/05 0.0000
0000000000 O 08/01/35
0
10304773 168/168 F 431,000.00 ZZ
360 428,933.79 1
6.2500 2653.75 74
6.0000 2653.75
XXXX XXXXXXX XX 00000 5 07/15/05 00
0000000000 05 09/01/05 0.0000
0000000000 O 08/01/35
0
10304797 168/168 F 250,000.00 ZZ
360 249,501.00 1
6.0000 1498.88 57
5.7500 1498.88
XXXXXXXXXX XX 00000 2 10/19/05 00
0569642540 05 12/01/05 0.0000
0569642540 O 11/01/35
0
10304799 168/168 F 400,000.00 ZZ
360 399,201.59 1
6.0000 2398.21 64
5.7500 2398.21
XXXXXXXXX XX 00000 5 10/21/05 00
0569645310 05 12/01/05 0.0000
0569645310 O 11/01/35
0
10304805 168/168 F 266,000.00 ZZ
360 265,456.25 2
5.8750 1573.50 70
5.6250 1573.50
XXXXXX XX 00000 1 11/01/05 00
0569704995 05 12/01/05 0.0000
0569704995 N 11/01/35
0
10304819 168/168 F 66,500.00 ZZ
360 66,387.94 1
6.8750 436.86 69
6.6250 436.86
XXXXXXXX XX 00000 5 10/14/05 00
0569777933 05 12/01/05 0.0000
0569777933 N 11/01/35
0
10304821 168/168 F 268,800.00 ZZ
360 268,300.74 1
6.3750 1676.97 80
6.1250 1676.97
XXXXXXXXXX XX 00000 1 11/03/05 00
0569783402 05 12/01/05 0.0000
0569783402 O 11/01/35
0
10304831 168/168 F 94,000.00 ZZ
240 93,566.04 1
6.2500 687.08 65
6.0000 687.08
XXXXX XXXXX XX 00000 5 10/19/05 00
0569832144 05 12/01/05 0.0000
0569832144 O 11/01/25
0
10304835 168/168 F 647,500.00 ZZ
360 646,207.60 1
6.0000 3882.09 70
5.7500 3882.09
XXXXXXX XX 00000 5 10/26/05 00
0569853354 05 12/01/05 0.0000
0569853354 O 11/01/35
0
10304839 168/168 F 158,250.00 ZZ
360 158,103.42 3
6.3750 987.28 75
6.1250 987.28
XXXXXXX XX 00000 1 11/28/05 00
0569859433 05 01/01/06 0.0000
0569859433 N 12/01/35
0
10304841 168/168 F 650,000.00 ZZ
360 648,763.28 1
6.2500 4002.17 49
6.0000 4002.17
XXXXXXX XXXXXXXX 00000 1 10/21/05 00
0000000000 05 12/01/05 0.0000
0000000000 O 11/01/35
0
10304851 168/168 F 359,650.00 ZZ
360 358,997.96 1
6.5000 2273.24 67
6.2500 2273.24
XXXXXXXX XXXX XX 00000 5 10/27/05 00
0569898382 01 12/01/05 0.0000
0569898382 N 11/01/35
0
10304853 168/168 F 159,120.00 ZZ
360 158,580.65 1
6.8750 1045.31 80
6.6250 1045.31
XXXXX XXXXX XX 00000 1 08/17/05 00
0569902363 06 10/01/05 0.0000
0569902363 O 09/01/35
0
10304865 168/168 F 550,000.00 ZZ
360 549,073.21 2
6.8750 3613.11 68
6.6250 3613.11
XXXXXXXX XX 00000 2 10/25/05 00
0569917026 05 12/01/05 0.0000
0569917026 O 11/01/35
0
10304867 168/168 F 108,000.00 ZZ
360 107,818.02 1
6.8750 709.49 89
6.6250 709.49
XXXXXXX XXXX XX 00000 2 10/05/05 04
0569931371 05 12/01/05 35.0000
0569931371 O 11/01/35
0
10304869 168/168 F 142,400.00 ZZ
360 142,137.91 1
6.6250 911.81 80
6.3750 911.81
XXXXXXXX XXXXXXX 00000 1 11/03/05 00
0569931738 01 12/01/05 0.0000
0569931738 O 11/01/35
0
10304871 168/168 F 200,000.00 ZZ
360 199,610.21 1
6.1250 1215.23 47
5.8750 1215.23
XXXXXXXXXX XX 00000 1 10/26/05 00
0569932149 08 12/01/05 0.0000
0569932149 O 11/01/35
0
10304875 168/168 F 585,000.00 ZZ
360 583,886.95 1
6.2500 3601.95 65
6.0000 3601.95
XXXXXX XX 00000 1 11/02/05 00
0569947987 05 12/01/05 0.0000
0569947987 N 11/01/35
0
10304881 168/168 F 332,800.00 ZZ
360 331,821.84 1
6.2500 2049.11 80
6.0000 2049.11
XXXXXXXXXX XXXXX 00000 1 09/22/05 00
0569959985 03 11/01/05 0.0000
0569959985 O 10/01/35
0
10304885 168/168 F 96,000.00 ZZ
360 95,803.27 1
6.2500 591.09 80
6.0000 591.09
XXXXXXXX XXXX XX 00000 1 10/27/05 00
0569961220 05 12/01/05 0.0000
0569961220 O 11/01/35
0
10304897 168/168 F 498,000.00 ZZ
360 497,201.15 1
7.1250 3355.12 80
6.8750 3355.12
XXXXXXXXX XX 00000 1 10/24/05 00
0569974631 05 12/01/05 0.0000
0569974631 O 11/01/35
0
10304899 168/168 F 259,550.00 ZZ
360 259,078.01 1
6.5000 1640.54 80
6.2500 1640.54
XXXXXXX XX 00000 1 10/31/05 00
0569976529 05 12/01/05 0.0000
0569976529 O 11/01/35
0
10304907 168/168 F 354,000.00 ZZ
360 353,388.71 1
6.7500 2296.04 75
6.5000 2296.04
XXXXXXXXX XX 00000 1 10/31/05 00
0569985439 05 12/01/05 0.0000
0569985439 O 11/01/35
0
10304911 168/168 F 268,000.00 ZZ
360 267,796.07 1
7.3750 1851.01 90
7.1250 1851.01
PERTH XXXXX XX 00000 1 11/15/05 14
0569988764 01 01/01/06 25.0000
0569988764 O 12/01/35
0
10304915 168/168 F 476,000.00 ZZ
360 475,027.02 1
5.8750 2815.72 80
5.6250 2815.72
XXXXXXXXXX XX 00000 5 10/31/05 00
0569991471 05 12/01/05 0.0000
0569991471 O 11/01/35
0
10304919 168/168 F 78,000.00 ZZ
360 77,858.80 2
6.7500 505.91 80
6.5000 505.91
XXXX XXXXXX XX 00000 5 10/21/05 00
0569996686 05 12/01/05 0.0000
0569996686 O 11/01/35
0
10304939 168/168 F 750,000.00 ZZ
360 748,573.03 1
6.2500 4617.88 47
6.0000 4617.88
XXXXXX XXXX XX 00000 1 10/24/05 00
0579375404 05 12/01/05 0.0000
0579375404 O 11/01/35
0
10304943 168/168 F 157,000.00 ZZ
360 156,728.89 1
6.7500 1018.30 74
6.5000 1018.30
XXXXXXXX XX 00000 5 10/21/05 00
0579378217 05 12/01/05 0.0000
0579378217 O 11/01/35
0
10304945 168/168 F 316,000.00 ZZ
360 315,396.56 1
6.3750 1971.43 80
6.1250 1971.43
XXXXXXX XX 00000 1 10/26/05 00
0579380602 01 12/01/05 0.0000
0579380602 O 11/01/35
0
10304951 168/168 F 400,000.00 ZZ
360 399,325.97 1
6.8750 2627.72 62
6.6250 2627.72
XXXXXXXX XX 00000 5 10/19/05 00
0579393704 03 12/01/05 0.0000
0579393704 N 11/01/35
0
10304955 168/168 F 70,000.00 ZZ
360 69,941.18 1
6.8750 459.86 70
6.6250 459.86
XXXXXXXXXX XX 00000 5 11/16/05 00
0579397165 05 01/01/06 0.0000
0579397165 N 12/01/35
0
10304959 168/168 F 270,000.00 ZZ
360 269,473.82 1
6.1250 1640.55 80
5.8750 1640.55
XXXXXX XX 00000 1 10/24/05 00
0609301632 03 12/01/05 0.0000
0609301632 O 11/01/35
0
10304965 168/168 F 316,000.00 ZZ
360 315,398.76 1
6.2500 1945.67 80
6.0000 1945.67
XXXXXXXX XX 00000 1 10/19/05 00
0609308556 05 12/01/05 0.0000
0609308556 O 11/01/35
0
10304967 168/168 F 139,800.00 ZZ
360 139,486.26 1
6.5000 883.64 80
6.2500 883.64
XXXXXXXXX XX 00000 5 10/20/05 00
0609310348 05 12/01/05 0.0000
0609310348 O 11/01/35
0
10304969 168/168 F 191,900.00 ZZ
360 191,599.69 1
7.2500 1309.10 80
7.0000 1309.10
XXXXXXXXXX XX 00000 1 10/26/05 00
0609310666 05 12/01/05 0.0000
0609310666 O 11/01/35
0
10304981 168/168 F 320,000.00 ZZ
360 319,688.97 1
6.1250 1944.36 80
5.8750 1944.36
XXX XXXXX XX 00000 1 11/03/05 00
0609326023 05 01/01/06 0.0000
0609326023 O 12/01/35
0
10304993 168/168 F 300,000.00 ZZ
360 299,386.76 1
5.8750 1774.62 61
5.6250 1774.62
XXXXXX XX 00000 5 11/02/05 00
0609364049 05 12/01/05 0.0000
0609364049 O 11/01/35
0
10304995 168/168 F 350,000.00 ZZ
360 349,395.60 1
6.7500 2270.10 54
6.5000 2270.10
XXX XXXX XX 00000 5 10/28/05 00
0609368753 05 12/01/05 0.0000
0609368753 N 11/01/35
0
10304997 168/168 F 117,200.00 ZZ
360 117,091.45 1
6.3750 731.18 80
6.1250 731.18
O XXXXXX XX 00000 2 11/07/05 00
0000000000 05 01/01/06 0.0000
0000000000 O 12/01/35
0
10305001 168/168 F 650,000.00 ZZ
360 649,412.38 1
6.5000 4108.45 78
6.2500 4108.45
XXXXXXX XX 00000 1 11/03/05 00
0609379119 05 01/01/06 0.0000
0609379119 O 12/01/35
0
10305005 168/168 F 117,600.00 ZZ
360 117,482.92 1
6.0000 705.08 80
5.7500 705.08
XXXX XXXXX XX 00000 1 11/14/05 00
0609384163 05 01/01/06 0.0000
0609384163 O 12/01/35
0
10305019 168/168 F 580,000.00 ZZ
360 579,449.67 1
6.2500 3571.16 68
6.0000 3571.16
XXX XXXX XX 00000 1 11/17/05 00
0609401882 05 01/01/06 0.0000
0609401882 O 12/01/35
0
10305027 168/168 F 185,600.00 ZZ
360 185,423.90 1
6.2500 1142.78 80
6.0000 1142.78
XXXXXXX XX 00000 1 11/18/05 00
0609410709 05 01/01/06 0.0000
0609410709 O 12/01/35
0
10305039 168/168 F 150,300.00 ZZ
360 150,182.75 1
7.2500 1025.32 90
7.0000 1025.32
XXXXXX XX 00000 1 11/09/05 04
0609438468 01 01/01/06 25.0000
0609438468 O 12/01/35
0
10305041 168/168 F 121,500.00 ZZ
360 121,397.92 1
6.8750 798.17 70
6.6250 798.17
XXXXXX XXXX XX 00000 1 11/25/05 00
0609453602 05 01/01/06 0.0000
0609453602 N 12/01/35
0
10305049 E82/G02 F 224,000.00 ZZ
360 224,000.00 1
6.7500 1452.86 43
6.5000 1452.86
XXXXXXXXX XX 00000 2 11/30/05 00
0401189683 05 02/01/06 0.0000
0401189683 O 01/01/36
0
10305113 975/G02 F 359,650.00 ZZ
360 359,650.00 1
6.5000 2273.23 62
6.2500 2273.23
XXXXXXXX XXXX XX 00000 5 12/01/05 00
0440694867 05 02/01/06 0.0000
2054784 O 01/01/36
0
10305717 E22/G02 F 83,760.00 ZZ
360 83,760.00 1
6.8750 550.24 80
6.6250 550.24
XXXXXXX XX 00000 1 12/07/05 00
0426157954 03 02/01/06 0.0000
0426157954 O 01/01/36
0
10305733 E22/G02 F 56,000.00 ZZ
360 56,000.00 1
7.5000 391.56 76
7.2500 391.56
XXXXXX XX 00000 2 12/08/05 00
0426225447 05 02/01/06 0.0000
0426225447 N 01/01/36
0
10305859 E22/G02 F 267,920.00 ZZ
360 267,920.00 1
6.8750 1760.04 80
6.6250 1760.04
XXXXXX XX 00000 1 12/08/05 00
0426472056 03 02/01/06 0.0000
0426472056 O 01/01/36
0
10305891 E22/G02 F 67,500.00 ZZ
360 67,448.63 4
7.3750 466.21 90
7.1250 466.21
XXXXXXX XX 00000 1 12/06/05 04
0426515011 05 01/01/06 25.0000
0426515011 N 12/01/35
0
10305901 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.8750 365.43 90
7.6250 365.43
XXXXX XX 00000 1 12/07/05 04
0426527859 05 02/01/06 25.0000
0426527859 N 01/01/36
0
10305903 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.8750 365.43 90
7.6250 365.43
XXXXX XX 00000 1 12/07/05 04
0426529228 05 02/01/06 25.0000
0426529228 N 01/01/36
0
10305905 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.8750 365.43 90
7.6250 365.43
XXXXX XX 00000 1 12/07/05 04
0426530002 05 02/01/06 25.0000
0426530002 N 01/01/36
0
10306081 E82/G02 F 120,000.00 ZZ
360 120,000.00 1
6.7500 778.32 49
6.5000 778.32
XXXXXXXXXX XX 00000 2 12/06/05 00
0401195524 05 02/01/06 0.0000
0401195524 O 01/01/36
0
10306083 E82/G02 F 511,800.00 ZZ
360 511,800.00 1
6.5000 3234.92 62
6.2500 3234.92
XXXX XXXXX XX 00000 2 12/06/05 00
0401193628 05 02/01/06 0.0000
0401193628 O 01/01/36
0
10306211 L21/G02 F 376,200.00 T
360 375,796.60 1
7.3750 2312.06 95
7.1250 2312.06
XXXXXXXXX XX 00000 1 12/02/05 19
0440704989 03 01/01/06 30.0000
11004953 O 12/01/35
0
10306213 L21/G02 F 356,000.00 ZZ
360 356,000.00 3
6.6250 1965.42 80
6.3750 1965.42
CITY OF PHILADPA 19130 1 11/30/05 00
0440700714 05 01/01/06 0.0000
13510527 O 12/01/35
0
10306219 L21/G02 F 515,000.00 ZZ
360 514,474.93 1
5.8750 3046.42 52
5.6250 3046.42
XXX XXXXX XX 00000 5 11/22/05 00
0440696193 05 01/01/06 0.0000
16507270 O 12/01/35
0
10306223 L21/G02 F 520,000.00 ZZ
360 520,000.00 1
6.8750 2979.17 80
6.6250 2979.17
XXXXXXXXX XX 00000 5 11/22/05 00
0440703338 05 01/01/06 0.0000
16507642 O 12/01/35
0
10306227 L21/G02 F 399,950.00 ZZ
360 399,950.00 1
6.7500 2249.72 80
6.5000 2249.72
XXXXXXXXX XX 00000 1 11/28/05 00
0440704047 05 02/01/06 0.0000
16507858 O 01/01/36
0
10306229 L21/G02 F 352,000.00 ZZ
360 352,000.00 1
6.7500 1980.00 80
6.5000 1980.00
XXXXXXX XX 00000 1 11/25/05 00
0440703403 05 01/01/06 0.0000
16507946 O 12/01/35
0
10306231 L21/G02 F 650,000.00 ZZ
360 650,000.00 1
6.6250 3588.54 65
6.3750 3588.54
XXXXXXXX XX 00000 5 11/21/05 00
0440708832 05 01/01/06 0.0000
16508052 O 12/01/35
0
10306235 L21/G02 F 288,000.00 ZZ
360 288,000.00 1
7.1250 1710.00 80
6.8750 1710.00
XXX XX XXXXXXXXX 00000 1 12/02/05 00
0440696227 05 01/01/06 0.0000
16508236 O 12/01/35
0
10306237 L21/G02 F 302,900.00 ZZ
360 302,900.00 1
6.6250 1672.26 78
6.3750 1672.26
XXXXXX XXXXXX XX 00000 2 11/23/05 00
0440710853 03 01/01/06 0.0000
32504859 O 12/01/35
0
10306239 L21/G02 F 392,000.00 ZZ
360 391,645.62 1
6.5000 2477.71 80
6.2500 2477.71
XXXXXX XXXX XX 00000 5 11/23/05 00
0440680734 05 01/01/06 0.0000
32504890 O 12/01/35
0
10306241 L21/G02 F 1,120,000.00 ZZ
360 1,120,000.00 1
6.7500 6300.00 70
6.5000 6300.00
XXXX XX 00000 2 11/23/05 00
0440696169 03 01/01/06 0.0000
35504610 O 12/01/35
0
10306247 L21/G02 F 184,000.00 ZZ
360 184,000.00 1
6.7500 1035.00 80
6.5000 1035.00
XXXXXXXXXX XX 00000 1 12/01/05 00
0440708253 05 01/01/06 0.0000
70306057 O 12/01/35
0
10306253 L21/G02 F 300,000.00 ZZ
360 300,000.00 1
7.5000 1875.00 80
7.2500 1875.00
XXXXXXXXXXXX XX 00000 1 12/01/05 00
0440707883 09 01/01/06 0.0000
70306125 O 12/01/35
0
10307585 L21/G02 F 392,000.00 ZZ
360 391,654.15 1
6.6250 2510.02 80
6.3750 2510.02
XX XXXXX XX 00000 5 11/28/05 00
0440703684 05 01/01/06 0.0000
70306084 O 12/01/35
0
10307603 L21/G02 F 168,000.00 ZZ
360 167,862.29 1
7.0000 1117.71 80
6.7500 1117.71
XXXXXXX XX 00000 1 11/30/05 00
0440694438 05 01/01/06 0.0000
28509248 O 12/01/35
0
10307683 L21/G02 F 261,200.00 ZZ
360 260,963.87 1
6.5000 1650.96 80
6.2500 1650.96
XX XXXXXX XX 00000 1 11/23/05 00
0440693117 03 01/01/06 0.0000
28608961 O 12/01/35
0
10307821 E22/G02 F 61,000.00 ZZ
360 61,000.00 1
7.6250 431.75 68
7.3750 431.75
XXXXXXX XX 00000 2 12/09/05 00
0426360657 05 02/01/06 0.0000
0426360657 N 01/01/36
0
10307863 E22/G02 F 155,000.00 ZZ
360 154,882.05 1
7.3750 1070.55 71
7.1250 1070.55
XXXXXXXXX XX 00000 1 11/16/05 00
0425652088 05 01/01/06 0.0000
0425652088 O 12/01/35
0
10307871 E22/G02 F 58,500.00 ZZ
360 58,500.00 2
8.0000 429.25 90
7.7500 429.25
XXXXXXX XX 00000 1 12/09/05 04
0425795077 05 02/01/06 25.0000
0425795077 N 01/01/36
0
10307881 E22/G02 F 148,500.00 ZZ
360 148,500.00 1
8.1250 1102.61 90
7.8750 1102.61
XXXXXXXXXXX XX 00000 1 12/09/05 11
0425858610 05 02/01/06 25.0000
0425858610 N 01/01/36
0
10307907 E22/G02 F 264,000.00 ZZ
360 264,000.00 1
6.8750 1734.29 80
6.6250 1734.29
XXXXXX XX 00000 5 12/02/05 00
0426026910 05 02/01/06 0.0000
0426026910 O 01/01/36
0
10308101 E22/G02 F 200,000.00 ZZ
360 200,000.00 1
6.8750 1313.86 54
6.6250 1313.86
XXXXXXXXXXX XX 00000 1 12/07/05 00
0426493367 05 02/01/06 0.0000
0426493367 O 01/01/36
0
10308179 E22/G02 F 50,000.00 ZZ
360 50,000.00 1
7.0000 332.65 67
6.7500 332.65
XXXXXXX XX 00000 1 12/09/05 00
0426574109 01 02/01/06 0.0000
0426574109 O 01/01/36
0
10308205 E22/G02 F 118,750.00 ZZ
360 118,750.00 1
7.6250 840.51 95
7.3750 840.51
XXXXXXX XX 00000 1 12/09/05 04
0426623005 09 02/01/06 35.0000
0426623005 O 01/01/36
0
10308229 E22/G02 F 59,552.00 ZZ
360 59,552.00 1
7.8750 431.79 80
7.6250 431.79
XXXXXX XX 00000 1 12/09/05 00
0426274635 05 02/01/06 0.0000
0426274635 O 01/01/36
0
10308245 E22/G02 F 75,200.00 ZZ
360 75,144.19 1
7.5000 525.81 80
7.2500 525.81
XXXXXXXX XX 00000 2 11/23/05 00
0426287769 07 01/01/06 0.0000
0426287769 N 12/01/35
0
10309001 E82/G02 F 308,000.00 ZZ
360 308,000.00 1
6.7500 1997.68 42
6.5000 1997.68
XXXX XXXXXXXXXXX 00000 2 12/02/05 00
0401192224 05 02/01/06 0.0000
0401192224 O 01/01/36
0
10309175 462/G02 F 94,100.00 ZZ
360 94,014.93 1
6.5000 594.78 80
6.2500 594.78
XXXX XXXXX XX 00000 1 11/17/05 00
0440705382 03 01/01/06 0.0000
0006749071 O 12/01/35
0
10309237 U85/G02 F 60,000.00 ZZ
360 59,955.47 1
7.5000 419.53 46
7.2500 419.53
XXXXXXXXX XX 00000 5 12/07/05 00
0440710572 05 01/10/06 0.0000
0505022248 O 12/10/35
0
10309269 462/G02 F 486,650.00 ZZ
360 486,177.01 1
6.1250 2956.94 80
5.8750 2956.94
XXXXX XXX XXXXXX 00000 1 11/01/05 00
0440705234 03 01/01/06 0.0000
0005249974 O 12/01/35
0
10309475 H49/G02 F 112,700.00 ZZ
360 112,618.43 1
7.6250 797.68 80
7.3750 797.68
XXXXXXXXX XX 00000 1 12/05/05 00
0440709079 03 01/01/06 0.0000
711010 N 12/01/35
0
10309511 U45/G02 F 390,000.00 ZZ
360 389,638.79 1
6.3750 2433.09 80
6.1250 2433.09
XXXXXXX XX 00000 5 11/28/05 00
0440709863 03 01/01/06 0.0000
51306774 O 12/01/35
0
10309575 H76/G02 F 95,000.00 ZZ
360 94,839.90 1
6.8750 624.09 95
6.6250 624.09
XXXXXX XXXXX XX 00000 2 10/28/05 01
0440696003 05 12/01/05 30.0000
676400 O 11/01/35
0
10309583 H76/G02 F 160,000.00 ZZ
240 159,688.16 1
6.8750 1228.51 73
6.6250 1228.51
XXXXXXX XX 00000 5 11/08/05 00
0440696359 05 01/01/06 0.0000
676803 O 12/01/25
0
10309595 H76/G02 F 315,000.00 ZZ
360 314,783.22 1
7.8750 2283.97 74
7.6250 2283.97
XXXXXXXX XX 00000 5 11/09/05 00
0440697035 05 01/01/06 0.0000
677814 O 12/01/35
0
10310057 E23/G02 F 568,000.00 ZZ
360 567,486.52 1
6.5000 3590.15 80
6.2500 3590.15
XXXXXX XXXXX XX 00000 1 11/17/05 00
0440773091 05 01/01/06 0.0000
51056001 O 12/01/35
0
10310183 E23/G02 F 472,000.00 ZZ
360 471,562.83 1
6.3750 2944.67 80
6.1250 2944.67
XXXXXX XXXX XXXX 00000 5 11/03/05 00
0440706117 05 01/01/06 0.0000
91007930 O 12/01/35
0
10310185 E23/G02 F 560,000.00 ZZ
360 559,468.65 1
6.2500 3448.02 80
6.0000 3448.02
XXXXXX XX 00000 5 11/10/05 00
0440706141 05 01/01/06 0.0000
91008021 O 12/01/35
0
10310239 L21/G02 F 455,000.00 ZZ
360 454,578.58 1
6.3750 2838.61 52
6.1250 2838.61
XXXXXXXX XXXX XX 00000 2 11/22/05 00
0440735256 05 01/01/06 0.0000
16507928 N 12/01/35
0
10310241 L21/G02 F 513,500.00 ZZ
360 513,024.39 1
6.3750 3203.58 51
6.1250 3203.58
XXXXXX XXXXX XX 00000 2 11/21/05 00
0440735231 03 01/01/06 0.0000
16507903 O 12/01/35
0
10310289 E22/G02 F 356,000.00 ZZ
360 356,000.00 1
7.2500 2428.55 80
7.0000 2428.55
XXXX XXXXX XX 00000 1 12/12/05 00
0426541967 05 02/01/06 0.0000
0426541967 N 01/01/36
0
10310295 E22/G02 F 53,600.00 ZZ
360 53,600.00 1
7.0000 356.60 80
6.7500 356.60
XXXXXXX XX 00000 1 12/12/05 00
0426549648 09 02/01/06 0.0000
0426549648 O 01/01/36
0
10310349 E22/G02 F 84,000.00 ZZ
360 84,000.00 1
8.0000 616.36 80
7.7500 616.36
XXXXXX XX 00000 1 12/12/05 00
0426609327 05 02/01/06 0.0000
0426609327 N 01/01/36
0
10310371 E22/G02 F 162,000.00 T
360 162,000.00 1
7.5000 1132.73 90
7.2500 1132.73
XXXXX XXXX XX 00000 1 12/12/05 10
0426657755 05 02/01/06 25.0000
0426657755 O 01/01/36
0
10310379 E22/G02 F 384,000.00 ZZ
360 383,742.34 1
8.0000 2817.66 90
7.7500 2817.66
XXXXXXX XX 00000 1 11/15/05 01
0425219771 03 01/01/06 30.0000
0425219771 O 12/01/35
0
10310391 E22/G02 F 239,200.00 ZZ
360 239,200.00 1
7.6250 1693.04 80
7.3750 1693.04
XXXXXXXXXX XX 00000 1 12/12/05 00
0425717246 01 02/01/06 0.0000
0425717246 O 01/01/36
0
10310515 E22/G02 F 65,600.00 ZZ
360 65,600.00 1
7.8750 475.65 80
7.6250 475.65
XXXXX XXXX XX 00000 2 12/12/05 00
0426272191 05 02/01/06 0.0000
0426272191 N 01/01/36
0
10310551 E22/G02 F 60,000.00 ZZ
360 60,000.00 1
8.1250 445.50 80
7.8750 445.50
XXXXXX XX 00000 1 12/09/05 00
0426318812 05 02/01/06 0.0000
0426318812 O 01/01/36
0
10310565 E22/G02 F 62,100.00 ZZ
360 62,100.00 1
7.6250 439.54 90
7.3750 439.54
XXXXXXX XX 00000 1 12/12/05 04
0426360509 05 02/01/06 25.0000
0426360509 N 01/01/36
0
10310567 E22/G02 F 335,000.00 ZZ
360 335,000.00 1
7.2500 2285.29 69
7.0000 2285.29
XXXXXX XX 00000 5 12/05/05 00
0426365367 05 02/01/06 0.0000
0426365367 O 01/01/36
0
10310605 E22/G02 F 75,600.00 ZZ
360 75,600.00 1
6.8750 496.64 80
6.6250 496.64
XXXXXXXXXXX XX 00000 1 12/12/05 00
0426403473 05 02/01/06 0.0000
0426403473 O 01/01/36
0
10310611 E22/G02 F 412,000.00 ZZ
360 412,000.00 1
6.8750 2706.55 80
6.6250 2706.55
XXXXXXXXX XX 00000 1 12/12/05 00
0426404166 05 02/01/06 0.0000
0426404166 N 01/01/36
0
10310621 E22/G02 F 72,000.00 ZZ
360 72,000.00 1
8.0000 528.31 80
7.7500 528.31
XXXXXX XX 00000 1 12/12/05 00
0426416079 05 02/01/06 0.0000
0426416079 O 01/01/36
0
10310625 E22/G02 F 68,000.00 ZZ
360 68,000.00 1
7.6250 481.30 88
7.3750 481.30
XXXXXX XXXX XX 00000 2 12/09/05 10
0426423778 05 02/01/06 25.0000
0426423778 N 01/01/36
0
10310753 624/G02 F 260,000.00 ZZ
360 259,776.14 1
6.7500 1686.36 80
6.5000 1686.36
XXXXXX XX 00000 1 11/07/05 00
0440765741 05 01/01/06 0.0000
1000094934 O 12/01/35
0
10311015 E82/G02 F 222,050.00 ZZ
360 222,050.00 1
6.7500 1440.21 90
6.5000 1440.21
XXXXXXX XX 00000 5 12/09/05 04
0401192802 05 02/01/06 25.0000
0401192802 O 01/01/36
0
10311027 E82/G02 F 127,500.00 T
360 127,500.00 1
6.6250 816.40 43
6.3750 816.40
XXXXXXXX XXXX XX 00000 2 12/12/05 00
0401198882 05 02/01/06 0.0000
0401198882 O 01/01/36
0
10311049 624/G02 F 327,000.00 ZZ
360 326,711.49 1
6.6250 2093.82 35
6.3750 2093.82
XXXXXXXX XX 00000 5 11/09/05 00
0440766160 05 01/01/06 0.0000
1000094632 N 12/01/35
0
10311069 624/G02 F 296,000.00 ZZ
360 295,738.85 1
6.6250 1895.32 35
6.3750 1895.32
XXXXX XXXX XX 00000 5 11/09/05 00
0440766178 05 01/01/06 0.0000
1000094634 N 12/01/35
0
10311091 624/G02 F 88,000.00 ZZ
360 87,927.86 1
7.0000 585.47 80
6.7500 585.47
XXXXXXXXXXX XX 00000 1 11/18/05 00
0440765550 05 01/01/06 0.0000
1000096116 O 12/01/35
0
10311129 E23/G02 F 303,000.00 ZZ
360 302,726.08 1
6.5000 1915.17 49
6.2500 1915.17
XXXXXX XX 00000 2 11/17/05 00
0440706091 05 01/01/06 0.0000
63012361 O 12/01/35
0
10311147 624/G02 F 189,000.00 ZZ
240 188,602.92 1
6.2500 1381.45 58
6.0000 1381.45
XXXX XXXXXXXX XX 00000 2 11/18/05 00
0440765204 05 01/01/06 0.0000
1000095852 O 12/01/25
0
10311155 E23/G02 F 650,000.00 ZZ
360 649,412.39 1
6.5000 4108.44 74
6.2500 4108.44
XXXXXXX XX 00000 5 11/21/05 00
0440706018 05 01/01/06 0.0000
82000859 O 12/01/35
0
10311165 L21/G02 F 400,000.00 ZZ
360 399,680.12 1
7.1250 2694.88 75
6.8750 2694.88
XXXXXXXX XX XXXX 00000 5 11/29/05 00
0440708238 05 01/01/06 0.0000
16507439 O 12/01/35
0
10311285 624/G02 F 237,250.00 ZZ
360 237,024.89 1
6.2500 1460.79 65
6.0000 1460.79
XXXXXX XX 00000 5 11/07/05 00
0440766061 05 01/01/06 0.0000
1000095001 O 12/01/35
0
10311427 H58/G02 F 524,400.00 ZZ
360 524,400.00 1
6.6250 2895.12 80
6.3750 2895.12
XXXXXXX XX 00000 5 11/21/05 00
0440710440 05 01/01/06 0.0000
337415 O 12/01/35
0
10311435 H58/G02 F 430,400.00 ZZ
360 430,400.00 1
6.1250 2196.83 80
5.8750 2196.83
XXXXXXXXX XX 00000 1 11/08/05 00
0440707420 05 01/01/06 0.0000
340318 O 12/01/35
0
10311437 H58/G02 F 430,500.00 ZZ
360 430,500.00 1
6.6250 2376.72 71
6.3750 2376.72
XXXXX XX 00000 2 11/16/05 00
0440703809 05 01/01/06 0.0000
340748 O 12/01/35
0
10311439 H58/G02 F 460,800.00 ZZ
360 460,800.00 1
6.3750 2448.00 80
6.1250 2448.00
XXXXXXX XXXXXXXX 00000 5 11/16/05 00
0440711497 05 01/01/06 0.0000
341022 O 12/01/35
0
10311445 H58/G02 F 290,000.00 ZZ
360 290,000.00 1
5.8750 1419.79 64
5.6250 1419.79
XXXXXXXX XX 00000 2 11/07/05 00
0440703312 05 01/01/06 0.0000
343194 O 12/01/35
0
10311447 H58/G02 F 252,428.00 ZZ
360 252,210.67 1
6.7500 1637.24 80
6.5000 1637.24
XXXXXXXXXXX XX 00000 1 11/15/05 00
0440695765 05 01/01/06 0.0000
343307 O 12/01/35
0
10311457 H58/G02 F 620,000.00 ZZ
360 619,411.72 1
6.2500 3229.17 45
6.0000 3229.17
XXXXXXXX XX 00000 1 10/26/05 00
0440695674 03 01/01/06 0.0000
343934 O 12/01/35
0
10311459 H58/G02 F 510,000.00 ZZ
360 510,000.00 1
6.5000 2762.50 73
6.2500 2762.50
XXXXXXX XX 00000 2 11/07/05 00
0440707008 03 01/01/06 0.0000
343980 O 12/01/35
0
10311463 H58/G02 F 584,353.00 ZZ
360 584,353.00 1
6.2500 3043.51 80
6.0000 3043.51
XXXXXXXXX XX 00000 1 11/07/05 00
0440705465 05 01/01/06 0.0000
344373 O 12/01/35
0
10311485 H58/G02 F 420,000.00 ZZ
360 420,000.00 1
6.1250 2143.75 44
5.8750 2143.75
XXXXX XX 00000 2 11/14/05 00
0440705648 03 01/01/06 0.0000
345075 O 12/01/35
0
10311493 H58/G02 F 598,400.00 ZZ
360 598,400.00 1
6.2500 3116.67 80
6.0000 3116.67
XXXX XXXX XX 00000 1 11/11/05 00
0440703635 03 01/01/06 0.0000
345638 O 12/01/35
0
10311509 H58/G02 F 524,000.00 ZZ
360 524,000.00 1
6.5000 2838.33 75
6.2500 2838.33
XXXXXXX XXXXX XX 00000 2 11/18/05 00
0440703981 01 01/01/06 0.0000
346180 O 12/01/35
0
10311517 H58/G02 F 455,000.00 ZZ
360 455,000.00 2
6.3750 2417.19 38
6.1250 2417.19
XXX XXXXXXXXX XX 00000 1 11/15/05 00
0440710465 05 01/01/06 0.0000
346317 O 12/01/35
0
10311521 H58/G02 F 505,000.00 ZZ
360 505,000.00 1
6.2500 2630.21 69
6.0000 2630.21
XXXXXXXX XX 00000 5 11/07/05 00
0440704757 05 01/01/06 0.0000
346476 O 12/01/35
0
10311523 H58/G02 F 435,000.00 ZZ
360 435,000.00 1
6.3750 2310.94 75
6.1250 2310.94
XXXXXXXXX XX 00000 5 11/18/05 00
0440711273 05 01/01/06 0.0000
346498 O 12/01/35
0
10311555 H58/G02 F 600,000.00 ZZ
360 600,000.00 1
6.2500 3125.00 80
6.0000 3125.00
XXXXXX XX 00000 5 11/16/05 00
0440695914 05 01/01/06 0.0000
347418 O 12/01/35
0
10311557 H58/G02 F 460,000.00 ZZ
360 460,000.00 1
6.2500 2395.83 62
6.0000 2395.83
XXXXXXXXXX XX 00000 1 11/10/05 00
0440695708 05 01/01/06 0.0000
347429 O 12/01/35
0
10311591 H58/G02 F 528,000.00 ZZ
360 528,000.00 1
6.5000 2860.00 80
6.2500 2860.00
XXXXXXX XX 00000 1 11/11/05 00
0440704021 05 01/01/06 0.0000
348408 O 12/01/35
0
10311623 H58/G02 F 525,000.00 ZZ
360 525,000.00 1
6.2500 2734.37 75
6.0000 2734.37
XX XXXXXXX XX 00000 1 11/16/05 00
0440695922 05 01/01/06 0.0000
349779 O 12/01/35
0
10312937 462/G02 F 77,550.00 ZZ
360 77,472.80 1
6.0000 464.96 80
5.7500 464.96
XXXXXX XX 00000 1 11/08/05 00
0440717007 05 01/01/06 0.0000
0006129571 N 12/01/35
0
10313815 E44/G02 F 81,600.00 ZZ
360 81,600.00 1
6.7500 529.26 80
6.5000 529.26
XXXXX XX 00000 1 12/08/05 00
0440752780 05 02/01/06 0.0000
57050129 O 01/01/36
0
10314111 E22/G02 F 63,000.00 ZZ
360 63,000.00 4
8.1250 467.77 90
7.8750 467.77
XXXXXXXX XXXX XX 00000 1 12/13/05 10
0426626172 05 02/01/06 25.0000
0426626172 N 01/01/36
0
10314163 E22/G02 F 340,000.00 ZZ
360 340,000.00 1
7.0000 1983.33 80
6.7500 1983.33
XXXXXXXX XX 00000 1 11/23/05 00
0426067773 05 01/01/06 0.0000
0426067773 N 12/01/35
0
10314171 E22/G02 F 231,200.00 ZZ
360 231,200.00 1
6.8750 1518.82 80
6.6250 1518.82
XXXXXXXXX XX 00000 1 12/07/05 00
0426136321 05 02/01/06 0.0000
0426136321 O 01/01/36
0
10314205 E22/G02 F 359,000.00 ZZ
360 359,000.00 4
6.5000 2269.12 60
6.2500 2269.12
XXXX XX 00000 5 12/08/05 00
0426277562 05 02/01/06 0.0000
0426277562 N 01/01/36
0
10314223 E22/G02 F 269,000.00 ZZ
360 269,000.00 1
6.6250 1722.44 71
6.3750 1722.44
XXXXXXXXX XX 00000 1 12/07/05 00
0426320966 05 02/01/06 0.0000
0426320966 O 01/01/36
0
10314253 E22/G02 F 54,999.00 ZZ
360 54,999.00 1
7.7500 394.02 69
7.5000 394.02
XXXXXXXXX XX 00000 2 12/08/05 00
0426357828 05 02/01/06 0.0000
0426357828 O 01/01/36
0
10314365 E22/G02 F 55,800.00 ZZ
360 55,800.00 1
8.1250 414.31 90
7.8750 414.31
XXXXX XXXXX XX 00000 1 12/13/05 10
0426485488 05 02/01/06 25.0000
0426485488 N 01/01/36
0
10314371 E22/G02 F 330,000.00 ZZ
360 327,848.44 1
7.3750 2279.23 70
7.1250 2279.23
XXXXXXXX XX 00000 2 12/08/05 00
0426488623 05 02/01/06 0.0000
0426488623 O 01/01/36
0
10314401 E22/G02 F 84,720.00 ZZ
360 84,720.00 1
7.2500 577.94 80
7.0000 577.94
XXXXXXXXXXXX XX 00000 1 12/13/05 00
0426509139 05 02/01/06 0.0000
0426509139 O 01/01/36
0
10314425 E22/G02 F 133,600.00 ZZ
360 133,600.00 1
7.1250 793.25 80
6.8750 793.25
XXXXXX XX 00000 2 12/08/05 00
0426529400 03 02/01/06 0.0000
0426529400 O 01/01/36
0
10314429 E22/G02 F 386,000.00 ZZ
360 386,000.00 1
7.1250 2600.55 74
6.8750 2600.55
XXXX XXXXX XX 00000 5 12/06/05 00
0426532560 05 02/01/06 0.0000
0426532560 O 01/01/36
0
10314435 E22/G02 F 100,000.00 ZZ
360 100,000.00 1
7.2500 604.17 59
7.0000 604.17
XXXXXXX XX 00000 2 12/13/05 00
0426538807 05 02/01/06 0.0000
0426538807 N 01/01/36
0
10314449 E22/G02 F 175,200.00 ZZ
360 175,200.00 3
7.3750 1076.75 80
7.1250 1076.75
WEST SPRINGFIEMA 01089 1 12/13/05 00
0426553582 05 02/01/06 0.0000
0426553582 N 01/01/36
0
10314451 E22/G02 F 63,268.00 ZZ
360 63,268.00 1
7.7500 453.26 40
7.5000 453.26
XXXXX XXXXX XX 00000 5 12/08/05 00
0426554283 05 02/01/06 0.0000
0426554283 O 01/01/36
0
10314463 E22/G02 F 136,000.00 T
360 136,000.00 1
7.2500 821.67 80
7.0000 821.67
XXXXXX XX 00000 1 12/13/05 00
0426556643 05 02/01/06 0.0000
0426556643 O 01/01/36
0
10314689 L21/G02 F 488,000.00 ZZ
360 488,000.00 1
6.7500 2745.00 80
6.5000 2745.00
XXXXXXX VA 22534 5 11/30/05 00
0440710705 05 01/01/06 0.0000
13507983 O 12/01/35
0
10314693 L21/G02 F 414,045.00 ZZ
360 414,045.00 1
7.7500 2674.04 90
7.5000 2674.04
XXXXXXXXX XX 00000 1 12/08/05 19
0440735298 03 02/01/06 25.0000
16508212 N 01/01/36
0
10314721 L21/G02 F 319,200.00 ZZ
360 319,200.00 1
7.1250 1895.25 80
6.8750 1895.25
SO. XXXXX XX 00000 1 11/30/05 00
0440708188 05 01/01/06 0.0000
28509202 O 12/01/35
0
10314731 L21/G02 F 559,000.00 ZZ
360 559,000.00 1
6.7500 3144.38 80
6.5000 3144.38
XXXXXXX XX 00000 5 11/30/05 00
0440705739 05 02/01/06 0.0000
36504761 O 01/01/36
0
10314733 L21/G02 F 200,000.00 ZZ
360 199,831.97 1
6.8750 1313.86 73
6.6250 1313.86
XXXXXXXX XX 00000 1 11/22/05 00
0440710739 01 01/01/06 0.0000
28608841 O 12/01/35
0
10314745 L20/G02 F 163,529.00 ZZ
360 163,529.00 1
6.6250 902.82 80
6.3750 902.82
XXXXXXXX XX 00000 1 12/12/05 00
0440765717 03 02/01/06 0.0000
12026802 O 01/01/36
0
10314795 L21/G02 F 527,920.00 ZZ
360 527,920.00 1
6.6250 2914.56 80
6.3750 2914.56
XXX XX XXXXXXXXX 00000 1 12/08/05 00
0440751493 05 02/01/06 0.0000
16507748 O 01/01/36
0
10314797 L20/G02 F 256,000.00 ZZ
360 256,000.00 1
7.1250 1520.00 80
6.8750 1520.00
XXXXX XX 00000 1 12/07/05 00
0440766665 03 02/01/06 0.0000
12039795 N 01/01/36
0
10314813 L21/G02 F 1,000,000.00 T
360 1,000,000.00 1
6.7500 5625.00 53
6.5000 5625.00
XXXXX XX 00000 5 12/08/05 00
0440735272 05 02/01/06 0.0000
28509358 O 01/01/36
0
10314837 U80/G02 F 705,000.00 T
360 705,000.00 1
6.3750 3745.31 75
6.1250 3745.31
XXXXXXX XXXXXXXX 00000 2 11/29/05 00
0440753259 02 01/01/06 0.0000
30020895 O 12/01/35
0
10314841 W08/G02 F 272,000.00 ZZ
360 271,771.48 1
6.8750 1786.85 80
6.6250 1786.85
XXXXX XX 00000 1 12/09/05 00
0440765113 05 01/01/06 0.0000
058120 O 12/01/35
0
10314843 L21/G02 F 179,000.00 ZZ
360 178,849.61 1
6.8750 1175.91 90
6.6250 1175.91
XXXXXXXXXX XX 00000 5 11/23/05 10
0440708345 05 01/01/06 25.0000
28609280 O 12/01/35
0
10315345 588/G02 F 240,000.00 ZZ
360 239,812.78 1
7.2500 1637.22 80
7.0000 1637.22
XXXXXX XX 00000 1 11/30/05 00
0440712305 05 01/01/06 0.0000
1167583 O 12/01/35
0
10315351 588/G02 F 274,500.00 ZZ
360 274,301.33 1
7.6250 1942.89 90
7.3750 1942.89
XXXXXXXX XXXX XX 00000 1 11/23/05 01
0440701464 05 01/01/06 25.0000
1159807 O 12/01/35
0
10315353 588/G02 F 110,000.00 ZZ
360 109,909.84 1
7.0000 731.83 79
6.7500 731.83
XXXX XX XXXXXXXX 00000 1 11/14/05 00
0440699262 05 01/01/06 0.0000
1159938 N 12/01/35
0
10315357 588/G02 F 168,000.00 ZZ
360 167,898.23 1
8.5000 1291.77 80
8.2500 1291.77
XXXXXXXXX XXXXXX 00000 1 11/07/05 00
0440707982 05 01/01/06 0.0000
1161559 N 12/01/35
0
10315363 588/G02 F 100,000.00 ZZ
360 99,905.11 1
6.2500 615.72 19
6.0000 615.72
XXXXX XXXXXXXXXX 00000 1 11/02/05 00
0440698611 05 01/01/06 0.0000
1163560 O 12/01/35
0
10315365 588/G02 F 408,750.00 ZZ
360 408,514.83 1
8.7500 3215.64 75
8.5000 3215.64
TWNSP OF PARSINJ 07950 1 11/10/05 00
0440702207 03 01/01/06 0.0000
1163607 N 12/01/35
0
10315373 588/G02 F 127,500.00 ZZ
360 127,279.84 1
6.7500 826.96 57
6.5000 826.96
XXXXXXX XXXXXXXX 00000 1 11/01/05 00
0440698470 05 12/01/05 0.0000
1164347 O 11/01/35
0
10315375 588/G02 F 168,000.00 ZZ
360 167,855.36 1
6.7500 1089.64 80
6.5000 1089.64
XXXXXXXX XX XXXX 00000 1 11/07/05 00
0440698405 05 01/01/06 0.0000
1164735 O 12/01/35
0
10315377 588/G02 F 50,000.00 ZZ
360 49,959.02 1
7.0000 332.65 14
6.7500 332.65
XXXXXXXXX XXXXXX 00000 1 11/21/05 00
0440701480 05 01/01/06 0.0000
1164742 O 12/01/35
0
10315383 588/G02 F 141,700.00 ZZ
360 141,565.55 2
6.2500 872.47 65
6.0000 872.47
XXXXXXXXXXXX XXX 00000 1 11/16/05 00
0440705663 05 01/01/06 0.0000
1165299 N 12/01/35
0
10315385 588/G02 F 107,000.00 ZZ
360 106,920.59 1
7.5000 748.16 79
7.2500 748.16
XXXXXX XXXX XX 00000 1 11/22/05 00
0440698413 05 01/01/06 0.0000
1165421 O 12/01/35
0
10315395 588/G02 F 122,000.00 ZZ
360 121,920.19 1
8.1250 905.85 77
7.8750 905.85
ALPHA XXXXXXX XX 00000 1 11/08/05 00
0440698934 05 01/01/06 0.0000
1165727 N 12/01/35
0
10315407 588/G02 F 195,900.00 ZZ
360 195,750.94 1
7.3750 1353.03 80
7.1250 1353.03
XXXXXX XXXXXXXXX 00000 1 11/21/05 00
0440698728 03 01/01/06 0.0000
1166020 O 12/01/35
0
10315413 588/G02 F 142,400.00 ZZ
360 142,105.49 1
8.1250 1057.32 80
7.8750 1057.32
XXXXXX XXXXXXXXX 00000 1 11/15/05 00
0440711687 01 01/01/06 0.0000
1166074 O 12/01/35
0
10315419 588/G02 F 240,800.00 ZZ
360 240,634.28 1
7.8750 1745.97 80
7.6250 1745.97
XXXXXXXX XXXXXXX 00000 1 11/30/05 00
0440710846 05 01/01/06 0.0000
1166153 O 12/01/35
0
10315425 588/G02 F 84,900.00 ZZ
360 84,833.77 2
7.2500 579.17 66
7.0000 579.17
XXXXXXXXXXXX XXX 00000 1 11/18/05 00
0440711919 05 01/01/06 0.0000
1166684 N 12/01/35
0
10315427 588/G02 F 75,000.00 ZZ
360 74,952.18 1
8.2500 563.45 75
8.0000 563.45
EMMAUS BOROUGHPA 18049 1 11/16/05 00
0440703551 07 01/01/06 0.0000
1166705 N 12/01/35
0
10315429 588/G02 F 56,500.00 ZZ
360 56,467.49 1
8.7500 444.49 67
8.5000 444.49
XXXXXXXXX XXXXXX 00000 1 11/21/05 00
0440701423 05 01/01/06 0.0000
1166740 N 12/01/35
0
10315431 588/G02 F 101,150.00 ZZ
360 100,882.30 1
6.0000 606.45 75
5.7500 606.45
XXXXX XXXXXXXXXX 00000 1 11/10/05 00
0440702090 05 01/01/06 0.0000
1166742 N 12/01/35
0
10315451 588/G02 F 265,700.00 ZZ
360 265,482.21 1
7.0000 1767.71 51
6.7500 1767.71
XXXXXXXXX XXXXXX 00000 2 11/21/05 00
0440708303 05 01/01/06 0.0000
1167505 O 12/01/35
0
10315769 A52/G02 F 51,000.00 ZZ
360 51,000.00 1
7.2500 347.91 75
7.0000 347.91
XXXXXXXX XX 00000 1 12/12/05 00
0440739670 05 02/01/06 0.0000
37576 N 01/01/36
0
10315837 L21/G02 F 999,920.00 ZZ
360 999,920.00 1
7.0000 5832.87 80
6.7500 5832.87
XXXXX XXXX XX 00000 1 12/06/05 00
0440735199 05 02/01/06 0.0000
28505192 O 01/01/36
0
10316149 E22/G02 F 332,800.00 ZZ
360 332,800.00 1
7.0000 1941.33 80
6.7500 1941.33
XXXXXXXXX XXXXXX 00000 1 12/14/05 00
0425395282 09 02/01/06 0.0000
0425395282 O 01/01/36
0
10316213 E22/G02 F 202,500.00 ZZ
360 202,349.72 1
7.5000 1415.91 90
7.2500 1415.91
XXXXXXXXX XX 00000 1 11/30/05 04
0426127890 05 01/01/06 25.0000
0426127890 N 12/01/35
0
10316341 E22/G02 F 62,400.00 ZZ
360 62,400.00 1
7.3750 430.98 80
7.1250 430.98
XXXXXXXXX XX 00000 2 12/09/05 00
0426404653 03 02/01/06 0.0000
0426404653 O 01/01/36
0
10316417 E22/G02 F 332,000.00 ZZ
360 332,000.00 1
6.8750 1902.08 80
6.6250 1902.08
XXXX XXXXX XX 00000 1 12/14/05 00
0426470472 03 02/01/06 0.0000
0426470472 O 01/01/36
0
10316421 E22/G02 F 56,800.00 ZZ
360 56,800.00 1
7.7500 406.92 80
7.5000 406.92
XXXXXXX XX 00000 5 12/09/05 00
0426473138 05 02/01/06 0.0000
0426473138 O 01/01/36
0
10316451 E22/G02 F 252,000.00 ZZ
360 252,000.00 1
6.5000 1592.81 80
6.2500 1592.81
XXXXXXX XX 00000 1 12/05/05 00
0426501847 05 02/01/06 0.0000
0426501847 O 01/01/36
0
10316541 E22/G02 F 270,100.00 ZZ
360 270,100.00 1
7.6250 1911.75 80
7.3750 1911.75
XXXXXX XX 00000 1 12/12/05 00
0426549788 03 02/01/06 0.0000
0426549788 N 01/01/36
0
10316555 E22/G02 F 58,500.00 ZZ
360 58,500.00 1
8.0000 429.25 90
7.7500 429.25
XXXXXXX XX 00000 1 12/14/05 04
0426555629 01 02/01/06 25.0000
0426555629 O 01/01/36
0
10316557 E22/G02 F 415,000.00 ZZ
360 415,000.00 1
6.8750 2726.25 73
6.6250 2726.25
XXXXXXX XX 00000 5 12/09/05 00
0426556676 05 02/01/06 0.0000
0426556676 O 01/01/36
0
10316641 E22/G02 F 192,000.00 ZZ
360 192,000.00 1
7.8750 1260.00 80
7.6250 1260.00
XXXXXXXXXXXX XX 00000 1 12/14/05 00
0426616447 05 02/01/06 0.0000
0426616447 O 01/01/36
0
10316643 E22/G02 F 170,560.00 ZZ
360 170,560.00 1
7.2500 1163.52 80
7.0000 1163.52
XXXXXXXXXXXX XX 00000 1 12/14/05 00
0426627360 05 02/01/06 0.0000
0426627360 N 01/01/36
0
10316729 L21/G02 F 485,000.00 ZZ
360 485,000.00 1
6.5000 2627.08 72
6.2500 2627.08
XXXXX XXXX XX 00000 1 12/01/05 00
0440735223 05 02/01/06 0.0000
16507910 O 01/01/36
0
10317047 462/G02 F 472,150.00 ZZ
360 472,150.00 1
7.5000 2950.94 90
7.2500 2950.94
XXXXXXXXX XX 00000 1 11/22/05 04
0440716926 03 01/01/06 25.0000
0009517988 O 12/01/35
0
10317255 462/G02 F 153,100.00 ZZ
360 152,866.29 1
7.3750 1057.43 80
7.1250 1057.43
XXXXXXX XX 00000 1 10/28/05 00
0440717015 05 12/01/05 0.0000
0005615075 N 11/01/35
0
10317423 U36/G02 F 231,200.00 T
360 231,005.76 1
6.8750 1518.82 80
6.6250 1518.82
XXXXXXXXXXXXX XX 00000 1 12/09/05 00
0440767226 03 01/01/06 0.0000
115192005 O 12/01/35
0
10317539 462/G02 F 317,200.00 ZZ
360 317,200.00 1
6.5000 1718.17 80
6.2500 1718.17
XXX XXXXX XX 00000 1 11/02/05 00
0440716678 03 01/01/06 0.0000
0005528575 O 12/01/35
0
10317613 462/G02 F 168,000.00 ZZ
360 168,000.00 1
7.0000 980.00 80
6.7500 980.00
XXXXX XX 00000 1 11/23/05 00
0440716553 09 01/01/06 0.0000
0006509178 N 12/01/35
0
10317781 E22/G02 F 279,200.00 ZZ
360 279,200.00 4
7.0000 1857.52 80
6.7500 1857.52
XXXXXXX XX 00000 1 12/14/05 00
0426302394 05 02/01/06 0.0000
0426302394 N 01/01/36
0
10317795 E22/G02 F 239,900.00 ZZ
360 239,900.00 1
7.2500 1449.40 80
7.0000 1449.40
XXXX XXXXX XX 00000 1 12/15/05 00
0426325874 05 02/01/06 0.0000
0426325874 O 01/01/36
0
10317817 E22/G02 F 215,800.00 ZZ
360 215,800.00 1
7.2500 1472.14 80
7.0000 1472.14
XXXXXX XX 00000 1 12/15/05 00
0426409272 03 02/01/06 0.0000
0426409272 O 01/01/36
0
10317881 E22/G02 F 169,600.00 ZZ
360 169,600.00 1
7.5000 1060.00 80
7.2500 1060.00
XXXXXX XX 00000 1 12/12/05 00
0426481255 03 02/01/06 0.0000
0426481255 N 01/01/36
0
10317929 E22/G02 F 50,000.00 ZZ
360 50,000.00 1
6.2500 307.86 67
6.0000 307.86
XXXXXXX XX 00000 5 12/14/05 00
0426528501 05 02/01/06 0.0000
0426528501 N 01/01/36
0
10317979 E22/G02 F 143,000.00 ZZ
360 143,000.00 1
7.2500 975.51 69
7.0000 975.51
XXXXXX XX 00000 2 12/15/05 00
0426572269 05 02/01/06 0.0000
0426572269 N 01/01/36
0
10317983 E22/G02 F 267,000.00 ZZ
360 267,000.00 4
7.3750 1844.10 73
7.1250 1844.10
XXXXXXX XXXXXXXX 00000 2 12/08/05 00
0426575700 05 02/01/06 0.0000
0426575700 N 01/01/36
0
10317989 E22/G02 F 228,000.00 ZZ
360 228,000.00 1
6.3750 1211.25 80
6.1250 1211.25
XXXXXXXXX XXX.XX 00000 1 12/15/05 00
0426578100 05 02/01/06 0.0000
0426578100 N 01/01/36
0
10318007 E22/G02 F 400,000.00 ZZ
360 400,000.00 3
7.1250 2375.00 80
6.8750 2375.00
XXX XXXXXXX XX 00000 1 12/12/05 00
0426604476 05 02/01/06 0.0000
0426604476 N 01/01/36
0
10318009 E22/G02 F 172,000.00 ZZ
360 172,000.00 3
7.8750 1247.12 80
7.6250 1247.12
XXX XXXXX XX 00000 1 12/15/05 00
0426605457 05 02/01/06 0.0000
0426605457 N 01/01/36
0
10318045 E22/G02 F 61,200.00 ZZ
360 61,200.00 1
7.7500 438.44 85
7.5000 438.44
XXXXX XXXX XX 00000 2 12/15/05 04
0426642591 05 02/01/06 20.0000
0426642591 N 01/01/36
0
10318065 E22/G02 F 117,120.00 ZZ
360 117,120.00 4
7.8750 768.60 80
7.6250 768.60
XXXXX XXXXXX XX 00000 1 12/15/05 00
0426668430 05 02/01/06 0.0000
0426668430 N 01/01/36
0
10318501 462/G02 F 94,400.00 ZZ
360 94,308.25 1
6.1250 573.59 80
5.8750 573.59
XXXXX XX 00000 1 11/17/05 00
0440708451 03 01/01/06 0.0000
0006802870 O 12/01/35
0
10318531 462/G02 F 132,400.00 ZZ
360 132,294.12 1
7.1250 892.01 80
6.8750 892.01
XXX XXXXXXX XX 00000 1 11/11/05 00
0440708402 03 01/01/06 0.0000
0005825476 O 12/01/35
0
10318939 W08/G02 F 273,240.00 ZZ
360 273,240.00 1
6.5000 1480.05 80
6.2500 1480.05
XXXX XXXXX XX 00000 1 12/14/05 00
0440768448 03 02/01/06 0.0000
057909M O 01/01/36
0
10319395 E82/G02 F 156,750.00 ZZ
360 156,750.00 1
6.8750 1029.74 83
6.6250 1029.74
XXX'X XXXXXX XX 00000 2 12/09/05 04
0401194618 05 02/01/06 12.0000
0401194618 O 01/01/36
0
10319417 Z37/G02 F 78,000.00 ZZ
360 78,000.00 1
7.5000 545.39 80
7.2500 545.39
XX. XXXXXXX XX 00000 1 12/02/05 00
0440753580 05 02/01/06 0.0000
12012104 N 01/01/36
0
10319421 Z37/G02 F 175,200.00 ZZ
360 175,200.00 4
7.6250 1240.05 80
7.3750 1240.05
XXXXXXX XX 00000 1 12/08/05 00
0440768497 05 02/01/06 0.0000
12035963 O 01/01/36
0
10319549 T53/G02 F 340,000.00 ZZ
360 340,000.00 1
7.1250 2018.75 80
6.8750 2018.75
XXXXXXXX XX 00000 1 12/06/05 00
0440768380 01 02/01/06 0.0000
31003506 O 01/01/36
0
10319681 E22/G02 F 88,000.00 ZZ
360 88,000.00 1
6.5000 476.67 80
6.2500 476.67
XXXXXXXXX XX 00000 1 12/16/05 00
0426045068 01 02/01/06 0.0000
0426045068 N 01/01/36
0
10319705 E22/G02 F 77,800.00 ZZ
360 77,800.00 2
7.2500 530.73 80
7.0000 530.73
XXXXX XX 00000 1 12/09/05 00
0426163556 05 02/01/06 0.0000
0426163556 N 01/01/36
0
10319707 E22/G02 F 77,800.00 ZZ
360 77,800.00 2
7.2500 530.73 80
7.0000 530.73
XXXXX XX 00000 1 12/09/05 00
0426164042 05 02/01/06 0.0000
0426164042 N 01/01/36
0
10319709 E22/G02 F 77,800.00 ZZ
360 77,800.00 2
7.2500 530.73 80
7.0000 530.73
XXXXX XX 00000 1 12/09/05 00
0426164083 05 02/01/06 0.0000
0426164083 N 01/01/36
0
10319711 E22/G02 F 77,800.00 ZZ
360 77,800.00 2
7.2500 530.73 80
7.0000 530.73
XXXXX XX 00000 1 12/09/05 00
0426164216 05 02/01/06 0.0000
0426164216 N 01/01/36
0
10319715 E22/G02 F 130,400.00 ZZ
360 130,400.00 4
7.5000 815.00 80
7.2500 815.00
XXXXXXX XX 00000 1 12/16/05 00
0426179735 05 02/01/06 0.0000
0426179735 N 01/01/36
0
10319717 E22/G02 F 61,100.00 ZZ
360 61,100.00 1
7.3750 375.51 78
7.1250 375.51
XXXXX XX 00000 2 12/16/05 00
0426179925 05 02/01/06 0.0000
0426179925 N 01/01/36
0
10319725 E22/G02 F 249,550.00 ZZ
360 249,345.45 1
7.0000 1660.26 68
6.7500 1660.26
XXXXXXX XX 00000 1 11/29/05 00
0426204657 05 01/01/06 0.0000
0426204657 O 12/01/35
0
10319783 E22/G02 F 55,800.00 ZZ
360 55,800.00 1
8.1250 414.31 90
7.8750 414.31
XXXXXXXXXXXX XX 00000 1 12/16/05 04
0426338000 09 02/01/06 25.0000
0426338000 N 01/01/36
0
10319807 E22/G02 F 200,000.00 ZZ
360 200,000.00 1
7.2500 1364.35 80
7.0000 1364.35
XXXXXX XX 00000 5 12/12/05 00
0426364618 06 02/01/06 0.0000
0426364618 O 01/01/36
0
10319817 E22/G02 F 52,715.00 ZZ
360 52,715.00 1
8.0000 386.80 95
7.7500 386.80
XXXXXXXXX XX 00000 1 12/16/05 04
0426377982 05 02/01/06 30.0000
0426377982 O 01/01/36
0
10319835 E22/G02 F 47,750.00 ZZ
360 47,750.00 1
7.5000 333.87 63
7.2500 333.87
XXXXXXXX XX 00000 2 12/16/05 00
0426401766 05 02/01/06 0.0000
0426401766 N 01/01/36
0
10319861 E22/G02 F 509,000.00 ZZ
360 509,000.00 1
8.1250 3446.35 75
7.8750 3446.35
XXXXXXXXX XX 00000 2 12/16/05 00
0426438743 05 02/01/06 0.0000
0426438743 N 01/01/36
0
10319879 E22/G02 F 213,500.00 ZZ
360 213,500.00 1
6.5000 1349.47 70
6.2500 1349.47
XXXXXXXXXXXX XX 00000 1 12/16/05 00
0426455853 03 02/01/06 0.0000
0426455853 O 01/01/36
0
10319883 E22/G02 F 74,000.00 ZZ
360 74,000.00 1
7.0000 492.32 50
6.7500 492.32
XXXXXXXXXXX XX 00000 1 12/16/05 00
0426458535 05 02/01/06 0.0000
0426458535 N 01/01/36
0
10319893 E22/G02 F 48,750.00 ZZ
360 48,750.00 1
7.8750 353.47 75
7.6250 353.47
XXXXXXXXX XX 00000 1 12/16/05 00
0426460911 05 02/01/06 0.0000
0426460911 N 01/01/36
0
10320059 E22/G02 F 78,400.00 ZZ
360 78,400.00 1
7.8750 514.50 80
7.6250 514.50
XXXXXX XXXX XX 00000 1 12/16/05 00
0426574042 05 02/01/06 0.0000
0426574042 N 01/01/36
0
10320077 E22/G02 F 501,600.00 ZZ
360 501,600.00 1
6.8750 2873.75 80
6.6250 2873.75
XXX XXXXXXX XX 00000 1 12/07/05 00
0426585246 05 02/01/06 0.0000
0426585246 O 01/01/36
0
10320101 E22/G02 F 197,600.00 ZZ
360 197,600.00 1
7.2500 1347.98 80
7.0000 1347.98
XXXXXXXXXXX XX 00000 1 12/05/05 00
0426603452 05 02/01/06 0.0000
0426603452 O 01/01/36
0
10320187 E22/G02 F 174,400.00 ZZ
360 174,400.00 1
7.6250 1108.17 80
7.3750 1108.17
XXX'X XXXXXX XX 00000 1 12/15/05 00
0426692414 03 02/01/06 0.0000
0426692414 N 01/01/36
0
10320205 E22/G02 F 75,001.00 ZZ
360 75,001.00 1
7.5000 468.76 58
7.2500 468.76
XXXXX XXXXXXXXXX 00000 1 12/16/05 00
0426732434 05 02/01/06 0.0000
0426732434 N 01/01/36
0
10320207 E22/G02 F 75,001.00 ZZ
360 75,001.00 1
7.5000 468.76 60
7.2500 468.76
XXXXX XXXXXXXXXX 00000 1 12/16/05 00
0426733986 05 02/01/06 0.0000
0426733986 N 01/01/36
0
10320483 E82/G02 F 78,800.00 ZZ
360 78,800.00 1
7.3750 544.25 76
7.1250 544.25
XXXXXX XX 00000 2 12/15/05 00
0401205265 05 02/01/06 0.0000
0401205265 O 01/01/36
0
10320609 462/G02 F 411,000.00 ZZ
360 410,628.45 1
6.5000 2597.80 80
6.2500 2597.80
XXXXXX XX 00000 1 11/23/05 00
0440752467 01 01/01/06 0.0000
0010017788 O 12/01/35
0
10321245 168/168 F 592,000.00 ZZ
360 590,818.37 1
6.0000 3549.34 80
5.7500 3549.34
XXXXXXX XX 00000 1 10/06/05 00
0569746914 05 12/01/05 0.0000
0569746914 O 11/01/35
0
10323473 E22/G02 F 76,000.00 ZZ
360 76,000.00 1
7.1250 512.03 80
6.8750 512.03
XXXXXXXXXXX XX 00000 2 12/19/05 00
0425670270 05 02/01/06 0.0000
0425670270 N 01/01/36
0
10323515 E22/G02 F 52,500.00 ZZ
360 52,500.00 1
7.7500 376.12 80
7.5000 376.12
XXXXX XXXXX XX 00000 5 12/13/05 00
0426128062 05 02/01/06 0.0000
0426128062 O 01/01/36
0
10323529 E22/G02 F 468,000.00 ZZ
360 468,000.00 3
7.3750 2876.25 80
7.1250 2876.25
XXXXXXXXXX XX 00000 2 12/14/05 00
0426206918 05 02/01/06 0.0000
0426206918 O 01/01/36
0
10323587 E22/G02 F 96,000.00 ZZ
360 96,000.00 1
7.0000 638.69 80
6.7500 638.69
XXXXX XX 00000 2 12/13/05 00
0426331815 05 02/01/06 0.0000
0426331815 O 01/01/36
0
10323611 E22/G02 F 125,820.00 ZZ
360 125,820.00 4
7.8750 912.28 90
7.6250 912.28
XXXXXXXXXX XX 00000 1 12/19/05 04
0426362521 05 02/01/06 25.0000
0426362521 N 01/01/36
0
10323617 E22/G02 F 307,000.00 ZZ
360 307,000.00 4
7.2500 1854.79 53
7.0000 1854.79
XXXXX XXXXXXXXXX 00000 5 12/13/05 00
0426367793 05 02/01/06 0.0000
0426367793 O 01/01/36
0
10323627 E22/G02 F 300,000.00 T
360 300,000.00 1
7.2500 2046.53 74
7.0000 2046.53
XXXXX XXXX XXXXX 00000 5 12/14/05 00
0426377206 08 02/01/06 0.0000
0426377206 O 01/01/36
0
10323651 E22/G02 F 184,250.00 ZZ
360 184,250.00 1
7.0000 1225.82 59
6.7500 1225.82
XXXX XXXXXX XX 00000 2 12/13/05 00
0426409058 05 02/01/06 0.0000
0426409058 O 01/01/36
0
10323713 E22/G02 F 47,250.00 ZZ
360 47,250.00 1
7.5000 330.38 75
7.2500 330.38
XXXXXXXXXXXX XX 00000 1 12/19/05 00
0426458220 07 02/01/06 0.0000
0426458220 N 01/01/36
0
10323731 E22/G02 F 160,000.00 ZZ
360 160,000.00 1
7.6250 1132.47 80
7.3750 1132.47
XXXXXX XX 00000 5 12/13/05 00
0426468781 05 02/01/06 0.0000
0426468781 N 01/01/36
0
10323755 E22/G02 F 74,250.00 ZZ
360 74,250.00 1
7.3750 512.83 90
7.1250 512.83
XXXXX XXXX XX 00000 1 12/19/05 10
0426489860 07 02/01/06 25.0000
0426489860 N 01/01/36
0
10323803 E22/G02 F 67,600.00 ZZ
240 67,600.00 1
7.3750 539.43 80
7.1250 539.43
XXXXXX XX 00000 2 12/13/05 00
0426517702 03 02/01/06 0.0000
0426517702 O 01/01/26
0
10323839 E22/G02 F 90,000.00 ZZ
360 90,000.00 1
6.8750 515.63 60
6.6250 515.63
XXXXXX XX 00000 5 12/13/05 00
0426545984 01 02/01/06 0.0000
0426545984 N 01/01/36
0
10323887 E22/G02 F 65,600.00 ZZ
360 65,600.00 1
8.1250 487.08 72
7.8750 487.08
XXXXXX XX 00000 2 12/19/05 00
0426577722 05 02/01/06 0.0000
0426577722 N 01/01/36
0
10323961 E22/G02 F 51,200.00 ZZ
360 51,200.00 1
7.7500 366.80 80
7.5000 366.80
XXXXXXXX XX 00000 2 12/19/05 00
0426624979 05 02/01/06 0.0000
0426624979 N 01/01/36
0
10324007 E22/G02 F 64,000.00 ZZ
360 64,000.00 1
8.1250 475.20 80
7.8750 475.20
XXXXXXX XX 00000 1 12/19/05 00
0426652475 07 02/01/06 0.0000
0426652475 N 01/01/36
0
10324021 E22/G02 F 74,250.00 ZZ
360 74,250.00 1
7.3750 512.83 90
7.1250 512.83
XXXXX XXXX XX 00000 1 12/19/05 01
0426659298 07 02/01/06 25.0000
0426659298 N 01/01/36
0
10324045 E22/G02 F 168,869.00 ZZ
360 168,869.00 1
7.0000 985.07 80
6.7500 985.07
XXXXXXXX XXXX XX 00000 1 12/19/05 00
0426674537 03 02/01/06 0.0000
0426674537 O 01/01/36
0
10324083 E22/G02 F 54,800.00 ZZ
360 54,800.00 1
7.8750 359.63 40
7.6250 359.63
XXXXX XXXXXXXXXX 00000 1 12/19/05 00
0426739033 03 02/01/06 0.0000
0426739033 N 01/01/36
0
10324087 E22/G02 F 129,600.00 ZZ
360 129,600.00 1
7.5000 810.00 80
7.2500 810.00
XXXX XX 00000 1 12/19/05 00
0426755278 03 02/01/06 0.0000
0426755278 O 01/01/36
0
10324597 E82/G02 F 396,000.00 ZZ
360 396,000.00 1
7.0000 2634.60 50
6.7500 2634.60
XXXXXX XX 00000 2 12/16/05 00
0401200423 05 02/01/06 0.0000
0401200423 O 01/01/36
0
10324613 E82/G02 F 360,000.00 ZZ
360 360,000.00 1
7.2500 2455.83 73
7.0000 2455.83
XXXXXX XX 00000 2 12/16/05 00
0401205067 05 02/01/06 0.0000
0401205067 O 01/01/36
0
10325669 825/G02 F 336,000.00 ZZ
360 336,000.00 1
6.7500 1890.00 80
6.5000 1890.00
XXXXXX XXXXXXXXX 00000 1 12/15/05 00
0440768992 01 02/01/06 0.0000
12013265 O 01/01/36
0
10326173 944/G02 F 330,000.00 ZZ
360 329,387.09 1
6.3750 2058.77 76
6.1250 2058.77
XXX XXXXX XX 00000 5 10/26/05 00
0440768976 05 12/01/05 0.0000
1001852474 O 11/01/35
0
10326205 E22/G02 F 48,750.00 ZZ
360 48,750.00 4
7.2500 332.56 65
7.0000 332.56
XXXXXXXXX XX 00000 1 12/20/05 00
0425798246 05 02/01/06 0.0000
0425798246 N 01/01/36
0
10326219 E22/G02 F 75,001.00 ZZ
360 75,001.00 1
7.2500 511.64 54
7.0000 511.64
XXXXX XX 00000 1 12/20/05 00
0425985272 05 02/01/06 0.0000
0425985272 O 01/01/36
0
10326271 E22/G02 F 352,750.00 ZZ
360 352,750.00 1
7.5000 2466.48 85
7.2500 2466.48
XXXXXXXX XX 00000 5 12/15/05 04
0426289922 05 02/01/06 12.0000
0426289922 O 01/01/36
0
10326329 E22/G02 F 81,600.00 ZZ
360 81,600.00 1
6.0000 489.23 80
5.7500 489.23
XXXX XXXXXXXXXXX 00000 1 12/20/05 00
0426642161 05 02/01/06 0.0000
0426642161 O 01/01/36
0
10326343 E22/G02 F 49,900.00 ZZ
360 49,900.00 1
7.7500 357.49 72
7.5000 357.49
XXXXXX XXXX XX 00000 1 12/20/05 00
0426354684 05 02/01/06 0.0000
0426354684 O 01/01/36
0
10326369 E22/G02 F 237,600.00 ZZ
360 237,600.00 1
6.8750 1560.86 80
6.6250 1560.86
XXXXX XX 00000 2 12/15/05 00
0426413373 05 02/01/06 0.0000
0426413373 O 01/01/36
0
10326423 E22/G02 F 97,000.00 ZZ
360 97,000.00 1
7.0000 645.34 72
6.7500 645.34
XXXXXXXXXXX XX 00000 2 12/19/05 00
0426483012 05 02/01/06 0.0000
0426483012 O 01/01/36
0
10326469 E22/G02 F 33,154.00 ZZ
360 33,154.00 1
8.1250 246.17 95
7.8750 246.17
XXXXXXX XX 00000 1 12/15/05 04
0426531984 05 02/01/06 30.0000
0426531984 O 01/01/36
0
10326485 E22/G02 F 448,000.00 ZZ
360 448,000.00 4
7.6250 2846.67 80
7.3750 2846.67
XXXXXXX XX 00000 1 12/20/05 00
0426537890 05 02/01/06 0.0000
0426537890 N 01/01/36
0
10326511 E22/G02 F 69,000.00 ZZ
360 69,000.00 1
7.5000 482.46 80
7.2500 482.46
XXXXXX XX 00000 2 12/20/05 00
0426547592 05 02/01/06 0.0000
0426547592 N 01/01/36
0
10326519 E22/G02 F 63,180.00 ZZ
360 63,180.00 2
8.1250 427.78 90
7.8750 427.78
XXXXXXXXXXX XX 00000 1 12/20/05 10
0426550463 05 02/01/06 25.0000
0426550463 N 01/01/36
0
10327083 L21/G02 F 425,000.00 ZZ
360 425,000.00 1
6.5000 2302.08 59
6.2500 2302.08
XXXXXXXXXX XX 00000 2 12/07/05 00
0440754075 05 02/01/06 0.0000
16507513 O 01/01/36
0
10327103 L21/G02 F 502,400.00 ZZ
360 502,400.00 1
6.8750 2878.33 80
6.6250 2878.33
XXX XXXXXXX XX 00000 1 12/09/05 00
0440770444 05 02/01/06 0.0000
16508271 O 01/01/36
0
10327169 E86/G02 F 638,400.00 ZZ
360 638,400.00 1
7.0000 3724.00 70
6.7500 3724.00
XXXXXXXX XX 00000 1 11/21/05 00
0440770311 05 01/01/06 0.0000
1003487 O 12/01/35
0
10327171 E86/G02 F 434,000.00 ZZ
360 434,000.00 1
5.8750 2124.79 49
5.6250 2124.79
XXXXXXXX XX 00000 1 10/25/05 00
0440778256 05 12/01/05 0.0000
1003769 O 11/01/35
0
10327177 E86/G02 F 480,000.00 ZZ
360 480,000.00 1
5.7500 2300.00 80
5.5000 2300.00
XXXXX XXXXXX XX 00000 5 10/04/05 00
0440770774 05 12/01/05 0.0000
1011359 O 11/01/35
0
10327179 E86/G02 F 560,000.00 ZZ
360 560,000.00 2
6.0000 2800.00 70
5.7500 2800.00
XXX XXXXXXX XX 00000 5 10/18/05 00
0440788578 05 12/01/05 0.0000
1015526 N 11/01/35
0
10327181 E86/G02 F 640,000.00 ZZ
360 640,000.00 1
6.5000 3466.67 80
6.2500 3466.67
XXXXXXXXXXX XX 00000 1 11/10/05 00
0440771517 05 01/01/06 0.0000
1015952 O 12/01/35
0
10327187 E86/G02 F 850,000.00 ZZ
360 850,000.00 1
6.5000 4604.17 73
6.2500 4604.17
XXXXXXXXXX XX 00000 2 11/10/05 00
0440770295 05 01/01/06 0.0000
1018218 O 12/01/35
0
10327189 E86/G02 F 449,240.00 ZZ
360 449,240.00 1
6.3750 2386.59 70
6.1250 2386.59
XXXXXXXXX XX 00000 1 10/26/05 00
0440771301 05 12/01/05 0.0000
1027754 N 11/01/35
0
10327199 E86/G02 F 480,000.00 T
360 479,522.16 1
6.0000 2877.84 54
5.7500 2877.84
XXXXXX XXXX XX 00000 1 11/02/05 00
0440772507 05 01/01/06 0.0000
1022644 O 12/01/35
0
10327201 E86/G02 F 483,000.00 T
360 483,000.00 1
6.6250 2666.56 70
6.3750 2666.56
XXXXXXXX XX 00000 5 11/18/05 00
0440771624 01 01/01/06 0.0000
1022835 O 12/01/35
0
10327211 E86/G02 F 530,000.00 ZZ
360 530,000.00 1
6.5000 2870.83 68
6.2500 2870.83
XXXXXX XXXXXX XX 00000 2 10/21/05 00
0440771129 05 12/01/05 0.0000
1024948 O 11/01/35
0
10327213 E86/G02 F 515,250.00 ZZ
360 514,712.05 1
5.7500 3006.86 75
5.5000 3006.86
XXXXXX XXXXX XXX 00000 1 11/02/05 00
0440772861 03 01/01/06 0.0000
1026291 O 12/01/35
0
10327215 E86/G02 F 525,000.00 ZZ
360 525,000.00 1
6.2500 2734.37 70
6.0000 2734.37
XXXX XXXXX XX 00000 1 11/01/05 00
0440772705 05 01/01/06 0.0000
1028764 O 12/01/35
0
10327217 E86/G02 F 693,750.00 ZZ
360 693,750.00 1
6.8750 3974.61 75
6.6250 3974.61
XXXXXXXX XX 00000 1 11/28/05 00
0440772499 05 01/01/06 0.0000
1029139 O 12/01/35
0
10327219 E86/G02 F 577,200.00 T
360 577,200.00 1
8.1250 3908.12 70
7.8750 3908.12
XXX XXXX XXXX XX 00000 1 11/04/05 00
0440775641 01 01/01/06 0.0000
1029196 O 12/01/35
0
10327221 E86/G02 F 460,000.00 ZZ
360 460,000.00 1
5.6250 2156.25 68
5.3750 2156.25
XXX XXXXXXX XX 00000 1 11/01/05 00
0440772242 05 01/01/06 0.0000
1030369 O 12/01/35
0
10327223 E86/G02 F 456,000.00 ZZ
360 456,000.00 1
6.1250 2327.50 60
5.8750 2327.50
XXXX XX 00000 1 10/27/05 00
0440772325 03 12/01/05 0.0000
1032694 N 11/01/35
0
10327225 E86/G02 F 476,000.00 ZZ
360 476,000.00 1
6.5000 2578.33 80
6.2500 2578.33
XXXXXXXXX XX 00000 1 11/02/05 00
0440788321 03 12/01/05 0.0000
1033463 O 11/01/35
0
10327227 E86/G02 F 904,500.00 ZZ
360 904,500.00 2
7.5000 5653.13 75
7.2500 5653.13
XXXXXXXX XX 00000 2 11/15/05 00
0440772770 05 01/01/06 0.0000
1035084 O 12/01/35
0
10327231 E86/G02 F 540,000.00 ZZ
360 540,000.00 1
6.3750 2868.75 80
6.1250 2868.75
XXXXXXXXX XX 00000 1 11/09/05 00
0440770071 05 01/01/06 0.0000
1036434 O 12/01/35
0
10327239 E86/G02 F 583,200.00 ZZ
360 583,200.00 1
6.5000 3159.00 80
6.2500 3159.00
XXXXXX XXXXX XX 00000 1 11/01/05 00
0440771392 05 01/01/06 0.0000
1038648 O 12/01/35
0
10327249 E86/G02 F 619,500.00 ZZ
360 618,349.40 1
6.3750 3864.87 62
6.1250 3864.87
XXXXXXX XXXX XX 00000 2 10/25/05 00
0440771491 05 12/01/05 0.0000
1042389 O 11/01/35
0
10327251 E86/G02 F 521,250.00 ZZ
360 521,250.00 1
6.1250 2660.55 75
5.8750 2660.55
XXXXXXXXXX XX 00000 1 10/18/05 00
0440772887 05 12/01/05 0.0000
1042470 O 11/01/35
0
10327253 E86/G02 F 577,500.00 ZZ
360 577,500.00 1
7.1250 3428.91 70
6.8750 3428.91
XXXXXX XX 00000 1 11/16/05 00
0440770923 05 01/01/06 0.0000
1042709 N 12/01/35
0
10327257 E86/G02 F 540,000.00 ZZ
360 540,000.00 1
6.7500 3037.50 80
6.5000 3037.50
XXXX XXXXX XX 00000 1 11/02/05 00
0440770972 05 01/01/06 0.0000
1043830 O 12/01/35
0
10327265 E86/G02 F 424,000.00 ZZ
360 424,000.00 1
7.2500 2561.67 80
7.0000 2561.67
XXXXXXX XX 00000 1 11/08/05 00
0440771640 05 01/01/06 0.0000
1045423 O 12/01/35
0
10327279 E86/G02 F 612,500.00 ZZ
360 612,500.00 1
6.5000 3317.71 70
6.2500 3317.71
XXXXXX XX 00000 1 11/03/05 00
0440772002 05 01/01/06 0.0000
1048926 O 12/01/35
0
10327285 E86/G02 F 441,000.00 ZZ
360 441,000.00 1
6.8750 2526.56 70
6.6250 2526.56
XXX XXXXX XX 00000 2 11/02/05 00
0440788115 03 01/01/06 0.0000
1048957 N 12/01/35
0
10327287 E86/G02 F 432,000.00 ZZ
360 432,000.00 1
7.6250 2745.00 80
7.3750 2745.00
XXXXXXXXXX XX 00000 1 11/14/05 00
0440772879 05 01/01/06 0.0000
1048983 O 12/01/35
0
10327307 E86/G02 F 640,000.00 ZZ
360 640,000.00 1
7.6250 4066.67 80
7.3750 4066.67
XXXXX XXXXX XX 00000 1 11/21/05 00
0440772986 05 01/01/06 0.0000
1054602 N 12/01/35
0
10327311 E86/G02 F 516,250.00 ZZ
360 516,250.00 1
6.0000 2581.25 70
5.7500 2581.25
XXXX XXXXX XX 00000 1 11/30/05 00
0440770097 05 01/01/06 0.0000
1056215 O 12/01/35
0
10327315 E86/G02 F 940,000.00 ZZ
360 938,295.85 1
6.5000 5941.44 80
6.2500 5941.44
XXXXXXX XX 00000 1 10/27/05 00
0440772408 05 12/01/05 0.0000
1056944 O 11/01/35
0
10327317 E86/G02 F 917,000.00 ZZ
360 917,000.00 1
6.8750 5253.65 71
6.6250 5253.65
XX XXXXX XXXXXXX 00000 5 11/21/05 00
0440772804 05 01/01/06 0.0000
1057144 O 12/01/35
0
10327319 E86/G02 F 864,000.00 ZZ
360 864,000.00 1
6.7500 4860.00 80
6.5000 4860.00
XXXXXXXX XXXXXXX 00000 1 12/01/05 00
0440772515 05 01/01/06 0.0000
1057408 O 12/01/35
0
10327323 E86/G02 F 775,000.00 ZZ
360 773,525.47 1
6.2500 4771.81 70
6.0000 4771.81
XXXXX XXXXXXX XX 00000 5 10/03/05 00
0440772812 05 12/01/05 0.0000
1057981 O 11/01/35
0
10327331 E86/G02 F 483,000.00 ZZ
360 483,000.00 1
6.8750 2767.19 70
6.6250 2767.19
XXXXXXX XX 00000 2 11/23/05 00
0440772416 03 01/01/06 0.0000
1059610 O 12/01/35
0
10327333 E86/G02 F 783,200.00 ZZ
360 782,491.97 1
6.5000 4950.36 80
6.2500 4950.36
XXXXXXXX XX 00000 1 11/18/05 00
0440772028 05 01/01/06 0.0000
1060456 O 12/01/35
0
10327347 E86/G02 F 435,000.00 ZZ
360 435,000.00 1
6.8750 2492.19 70
6.6250 2492.19
XXXXXXX XX 00000 5 11/08/05 00
0440775625 05 01/01/06 0.0000
1063335 O 12/01/35
0
10327371 E86/G02 F 607,500.00 ZZ
360 607,500.00 1
8.3750 4239.84 75
8.1250 4239.84
XXXX XXXXXXXX XX 00000 1 11/22/05 00
0440775880 05 01/01/06 0.0000
1067485 O 12/01/35
0
10327375 E86/G02 F 980,000.00 ZZ
360 980,000.00 1
6.8750 5614.58 70
6.6250 5614.58
XXXXXXXX XX 00000 1 11/22/05 00
0440772200 03 01/01/06 0.0000
1068435 N 12/01/35
0
10327379 E86/G02 F 630,000.00 ZZ
360 630,000.00 1
7.0000 3675.00 70
6.7500 3675.00
XX XXXXXX XXXXXX 00000 5 11/10/05 00
0440790715 05 01/01/06 0.0000
1068861 O 12/01/35
0
10327381 E86/G02 F 444,500.00 ZZ
360 444,500.00 1
7.0000 2592.92 70
6.7500 2592.92
XX XXXXXX XXXXXX 00000 5 11/10/05 00
0440790657 05 01/01/06 0.0000
1068878 N 12/01/35
0
10327389 E86/G02 F 910,000.00 ZZ
360 910,000.00 3
6.8750 5213.54 65
6.6250 5213.54
XXX XXXXXXXXX XX 00000 5 11/15/05 00
0440788453 05 01/01/06 0.0000
1069478 N 12/01/35
0
10327405 E86/G02 F 518,000.00 ZZ
360 518,000.00 1
6.7500 2913.75 70
6.5000 2913.75
XXX XXXXX XX 00000 1 11/21/05 00
0440772838 05 01/01/06 0.0000
1075141 O 12/01/35
0
10327407 E86/G02 F 860,683.00 ZZ
360 860,683.00 1
8.1250 5827.54 75
7.8750 5827.54
XXXX XXXXXX XX 00000 1 11/18/05 00
0440772853 03 01/01/06 0.0000
1075184 O 12/01/35
0
10327411 E86/G02 F 419,300.00 ZZ
360 419,300.00 1
7.7500 2707.98 70
7.5000 2707.98
XXX XXXXXXXXX XX 00000 1 11/18/05 00
0440770535 05 01/01/06 0.0000
1076151 O 12/01/35
0
10327417 E86/G02 F 430,400.00 ZZ
360 430,400.00 1
6.3750 2286.50 80
6.1250 2286.50
XXXXXX XX 00000 2 11/22/05 00
0440772465 05 01/01/06 0.0000
1077561 O 12/01/35
0
10327419 E86/G02 F 444,000.00 ZZ
360 444,000.00 1
7.5000 2775.00 80
7.2500 2775.00
XXXXXXXXX XX 00000 1 11/21/05 00
0440770832 05 01/01/06 0.0000
1077917 N 12/01/35
0
10327427 E86/G02 F 420,750.00 ZZ
360 420,750.00 1
7.1250 2498.20 70
6.8750 2498.20
XXXXXXXX XX 00000 1 11/18/05 00
0440772283 03 01/01/06 0.0000
1078957 N 12/01/35
0
10327429 E86/G02 F 511,000.00 ZZ
360 511,000.00 1
6.8750 2927.60 70
6.6250 2927.60
BREA XX 00000 1 11/30/05 00
0440771426 05 01/01/06 0.0000
1079313 O 12/01/35
0
10327431 E86/G02 F 870,000.00 ZZ
360 870,000.00 1
8.1250 5890.62 75
7.8750 5890.62
XXX XXXXXXX XX 00000 1 11/22/05 00
0440771053 05 01/01/06 0.0000
1079428 O 12/01/35
0
10327437 E86/G02 F 608,930.00 ZZ
360 608,930.00 1
7.5000 3805.81 70
7.2500 3805.81
XXXX XXXXX XX 00000 1 11/23/05 00
0440770303 03 01/01/06 0.0000
1082167 O 12/01/35
0
10327443 E86/G02 F 518,000.00 ZZ
360 518,000.00 1
7.0000 3021.67 70
6.7500 3021.67
XXXXX XXXXX XX 00000 1 11/17/05 00
0440773000 01 01/01/06 0.0000
1082811 O 12/01/35
0
10327447 E86/G02 F 460,000.00 ZZ
360 460,000.00 1
7.5000 2875.00 80
7.2500 2875.00
XXXXXXXXXX XX 00000 1 11/22/05 00
0440771103 03 01/01/06 0.0000
1083484 O 12/01/35
0
10327449 E86/G02 F 875,000.00 ZZ
360 875,000.00 1
7.7500 5651.04 70
7.5000 5651.04
XXXXXXXX XXXX XX 00000 1 12/06/05 00
0440771855 05 01/01/06 0.0000
1083633 N 12/01/35
0
10327451 E86/G02 F 519,200.00 ZZ
360 519,200.00 1
7.2500 3136.83 80
7.0000 3136.83
XXXXXXXXX XX 00000 1 11/30/05 00
0440807824 03 01/01/06 0.0000
1083700 O 12/01/35
0
10327457 E86/G02 F 536,720.00 ZZ
360 536,720.00 1
6.8750 3074.96 80
6.6250 3074.96
XXXXXXX XX 00000 1 12/02/05 00
0440771137 05 02/01/06 0.0000
1085978 O 01/01/36
0
10327465 E86/G02 F 700,732.00 ZZ
360 700,732.00 1
8.2500 4817.53 80
8.0000 4817.53
XXXX XX 00000 1 11/29/05 00
0440771509 05 01/01/06 0.0000
1087573 O 12/01/35
0
10327467 E86/G02 F 461,300.00 ZZ
360 461,300.00 1
5.7500 2210.40 70
5.5000 2210.40
XXXXXX XXXXX XX 00000 1 11/25/05 00
0440775633 05 01/01/06 0.0000
1088423 O 12/01/35
0
10327483 E86/G02 F 538,849.00 ZZ
360 538,849.00 1
7.7500 3480.06 70
7.5000 3480.06
XXXXXXXX XXXX XX 00000 1 11/23/05 00
0440775732 03 01/01/06 0.0000
827650 N 12/01/35
0
10327487 E86/G02 F 536,100.00 ZZ
360 536,100.00 1
7.8750 3518.16 70
7.6250 3518.16
XXXXXXX XX 00000 1 11/17/05 00
0440770915 03 01/01/06 0.0000
917562 O 12/01/35
0
10327489 E86/G02 F 456,850.00 ZZ
360 456,850.00 1
7.2500 2760.14 70
7.0000 2760.14
XXXXXXXX XX 00000 1 11/23/05 00
0440772895 03 01/01/06 0.0000
917741 N 12/01/35
0
10327491 E86/G02 F 479,500.00 ZZ
360 479,066.52 1
6.5000 3030.77 70
6.2500 3030.77
XXXXX XXXX XX 00000 5 11/10/05 00
0440788222 05 01/01/06 0.0000
928705 N 12/01/35
0
10327499 E86/G02 F 665,000.00 ZZ
360 665,000.00 3
6.5000 3602.08 70
6.2500 3602.08
XXXXXXX XX 00000 1 11/30/05 00
0440771467 05 01/01/06 0.0000
986585 N 12/01/35
0
10327501 E86/G02 F 630,000.00 T
360 630,000.00 1
6.8750 3609.38 70
6.6250 3609.38
XXXXXXXX XXXXXXX 00000 1 11/17/05 00
0440808897 05 01/01/06 0.0000
988404 O 12/01/35
0
10327505 E86/G02 F 515,400.00 ZZ
360 515,400.00 1
7.3750 3167.56 70
7.1250 3167.56
XXXXX XX 00000 1 11/04/05 00
0440771046 03 01/01/06 0.0000
991714 O 12/01/35
0
10329113 E22/G02 F 66,000.00 ZZ
360 66,000.00 1
7.3750 455.85 78
7.1250 455.85
XXXXXXXXXX XX 00000 2 12/21/05 00
0425915030 05 02/01/06 0.0000
0425915030 N 01/01/36
0
10329123 E22/G02 F 72,000.00 ZZ
360 72,000.00 1
8.1250 534.60 90
7.8750 534.60
XXXX XXXXX XX 00000 5 12/21/05 04
0426589669 05 02/01/06 25.0000
0426589669 N 01/01/36
0
10329185 E22/G02 F 480,000.00 ZZ
360 480,000.00 1
6.8750 2750.00 80
6.6250 2750.00
XXXXXXX XX 00000 1 12/21/05 00
0426620027 05 02/01/06 0.0000
0426620027 O 01/01/36
0
10329195 E22/G02 F 68,000.00 ZZ
360 68,000.00 2
7.7500 487.16 80
7.5000 487.16
XXXXXXXXXXXX XX 00000 1 12/21/05 00
0426626347 05 02/01/06 0.0000
0426626347 O 01/01/36
0
10329215 E22/G02 F 140,371.00 ZZ
360 140,371.00 1
7.0000 818.83 80
6.7500 818.83
XXXXX XX 00000 1 12/19/05 00
0426646816 01 02/01/06 0.0000
0426646816 O 01/01/36
0
10329265 E22/G02 F 75,920.00 ZZ
360 75,920.00 1
7.3750 524.36 80
7.1250 524.36
XXXXXXX XX 00000 1 12/20/05 00
0426680120 03 02/01/06 0.0000
0426680120 O 01/01/36
0
10329273 E22/G02 F 252,000.00 ZZ
360 252,000.00 1
7.3750 1740.50 80
7.1250 1740.50
XXXXXXX XX 00000 1 12/15/05 00
0426696696 05 02/01/06 0.0000
0426696696 O 01/01/36
0
10329275 E22/G02 F 234,000.00 ZZ
360 234,000.00 1
7.0000 1365.00 56
6.7500 1365.00
XXXXXX XXXX XX 00000 2 12/14/05 00
0426696860 05 02/01/06 0.0000
0426696860 N 01/01/36
0
10329297 E22/G02 F 232,425.00 ZZ
360 232,425.00 1
7.5000 1452.66 75
7.2500 1452.66
XXXXX XXXX XX 00000 1 12/21/05 00
0426714036 03 02/01/06 0.0000
0426714036 N 01/01/36
0
10329321 E22/G02 F 250,000.00 ZZ
360 250,000.00 1
6.8750 1642.32 50
6.6250 1642.32
XXXXXX XXXX XX 00000 1 12/16/05 00
0426748109 09 02/01/06 0.0000
0426748109 N 01/01/36
0
10329345 E22/G02 F 175,000.00 ZZ
360 175,000.00 1
6.5000 1106.12 35
6.2500 1106.12
XXX XXXXXXXX XX 00000 1 12/21/05 00
0426106639 05 02/01/06 0.0000
0426106639 O 01/01/36
0
10329397 E22/G02 F 258,700.00 ZZ
360 258,700.00 1
8.1250 1751.61 90
7.8750 1751.61
XXXXXXXXXX XXXXX 00000 1 12/21/05 04
0426289856 05 02/01/06 25.0000
0426289856 N 01/01/36
0
10329437 E22/G02 F 650,000.00 ZZ
360 650,000.00 1
6.5000 3520.83 75
6.2500 3520.83
XXXXXXXX XXXXXXX 00000 2 12/16/05 00
0426362026 05 02/01/06 0.0000
0426362026 O 01/01/36
0
10329443 E22/G02 F 72,900.00 ZZ
360 72,900.00 1
7.3750 503.50 90
7.1250 503.50
XXXXXX XX 00000 2 12/21/05 04
0426376125 05 02/01/06 25.0000
0426376125 N 01/01/36
0
10329459 E22/G02 F 287,000.00 ZZ
360 287,000.00 1
7.1250 1933.57 68
6.8750 1933.57
XXXXX XXXX XX 00000 5 12/15/05 00
0426390118 05 02/01/06 0.0000
0426390118 O 01/01/36
0
10329523 E22/G02 F 198,400.00 ZZ
360 198,400.00 1
7.0000 1319.96 80
6.7500 1319.96
XXXXX XX 00000 2 12/16/05 00
0426460481 05 02/01/06 0.0000
0426460481 O 01/01/36
0
10329573 E22/G02 F 113,508.00 ZZ
360 113,508.00 1
7.8750 744.90 80
7.6250 744.90
XXXXXXX XXXXX XX 00000 1 12/21/05 00
0426511622 05 02/01/06 0.0000
0426511622 O 01/01/36
0
10329581 E22/G02 F 76,000.00 T
360 76,000.00 1
6.6250 486.64 43
6.3750 486.64
XXXX XXX XX 00000 1 12/21/05 00
0426515821 05 02/01/06 0.0000
0426515821 O 01/01/36
0
10329617 E22/G02 F 250,000.00 ZZ
360 250,000.00 1
7.3750 1726.69 90
7.1250 1726.69
XXXXXX XX 00000 5 12/16/05 04
0426541256 05 02/01/06 30.0000
0426541256 O 01/01/36
0
10329631 E22/G02 F 73,600.00 ZZ
360 73,600.00 1
7.3750 508.34 80
7.1250 508.34
XXXXXXXXXX XX 00000 1 12/21/05 00
0426549408 05 02/01/06 0.0000
0426549408 O 01/01/36
0
10329983 E82/G02 F 213,000.00 ZZ
360 213,000.00 1
7.5000 1489.33 85
7.2500 1489.33
XXXXX XXXX XX 00000 5 12/19/05 04
0401208111 05 02/01/06 12.0000
0401208111 O 01/01/36
0
10329993 E82/G02 F 320,500.00 ZZ
360 320,500.00 1
6.8750 2105.46 69
6.6250 2105.46
XXXXXXXXX XX 00000 2 12/19/05 00
0401198668 03 02/01/06 0.0000
0401198668 O 01/01/36
0
10329995 E82/G02 F 89,000.00 ZZ
360 89,000.00 1
6.7500 577.25 75
6.5000 577.25
XXX XXXXXXX XX 00000 2 12/19/05 00
0401191861 05 02/01/06 0.0000
0401191861 O 01/01/36
0
10330031 L20/G02 F 76,400.00 ZZ
360 76,400.00 1
6.8500 500.62 80
6.6000 500.62
XXXXX XX 00000 1 12/15/05 00
0440771004 05 02/01/06 0.0000
1061120432 O 01/01/36
0
10330173 E33/G02 F 136,000.00 ZZ
360 136,000.00 1
7.2500 821.67 80
7.0000 821.67
XXXXXXXXXXX XX 00000 1 10/28/05 00
0440771319 01 12/01/05 0.0000
85669 O 11/01/35
0
10332085 B42/G02 F 189,000.00 ZZ
360 188,405.17 1
5.7500 1102.96 61
5.5000 1102.96
XXXXXX XX 00000 5 09/15/05 00
0440768158 05 11/01/05 0.0000
500027 O 10/01/35
0
10332087 B42/G02 F 534,500.00 ZZ
360 533,381.22 1
5.7500 3119.20 63
5.5000 3119.20
XXXXXXXX XX 00000 2 10/12/05 00
0440767333 05 12/01/05 0.0000
500030 O 11/01/35
0
10332091 B42/G02 F 174,000.00 ZZ
360 173,644.32 1
5.8750 1029.28 43
5.6250 1029.28
XXXXXX XX 00000 5 10/12/05 00
0440773760 05 12/01/05 0.0000
500604 O 11/01/35
0
10332093 B42/G02 F 377,000.00 ZZ
360 377,000.00 1
5.8750 1845.73 59
5.6250 1845.73
XXXXXX XXXX XX 00000 1 10/18/05 00
0440773711 05 12/01/05 0.0000
500642 O 11/01/35
0
10332097 B42/G02 F 168,000.00 ZZ
360 168,000.00 1
6.8750 962.50 80
6.6250 962.50
XXXXXXX XX 00000 1 10/13/05 00
0440767440 01 12/01/05 0.0000
500881 O 11/01/35
0
10332099 B42/G02 F 359,000.00 ZZ
360 359,000.00 1
6.0000 1795.00 80
5.7500 1795.00
XXXXX XXXXX XX 00000 5 10/21/05 00
0440775823 09 12/01/05 0.0000
500898 O 11/01/35
0
10332103 B42/G02 F 224,000.00 ZZ
360 224,000.00 1
6.5000 1213.33 80
6.2500 1213.33
XXXX XX 00000 1 10/14/05 00
0440768307 20 12/01/05 0.0000
500913 N 11/01/35
0
10332105 B42/G02 F 200,000.00 ZZ
360 199,591.18 2
5.8750 1183.08 46
5.6250 1183.08
XXXXXXX XXXX XX 00000 5 10/05/05 00
0440777357 05 12/01/05 0.0000
500915 O 11/01/35
0
10332109 B42/G02 F 93,400.00 ZZ
360 92,874.71 1
6.2500 575.08 87
6.0000 575.08
XXXXX XX 00000 2 10/19/05 14
0440768018 05 12/01/05 25.0000
500932 O 11/01/35
0
10332113 B42/G02 F 160,000.00 ZZ
360 160,000.00 1
5.8750 783.33 35
5.6250 783.33
XXXXXX XX 00000 1 10/13/05 00
0440766780 06 12/01/05 0.0000
500981 O 11/01/35
0
10332123 B42/G02 F 910,000.00 ZZ
360 910,000.00 1
5.8750 4455.21 70
5.6250 4455.21
XXXX XXXXX XX 00000 5 10/20/05 00
0440775807 03 12/01/05 0.0000
501198 O 11/01/35
0
10332129 B42/G02 F 130,700.00 ZZ
360 130,700.00 1
7.7500 844.10 80
7.5000 844.10
XXX XXXXX XX 00000 1 09/20/05 00
0440773752 01 11/01/05 0.0000
501213 N 10/01/35
0
10332133 B42/G02 F 272,400.00 ZZ
360 271,929.62 1
6.7500 1766.79 80
6.5000 1766.79
XXXXXXXXXXX XX 00000 1 10/03/05 00
0440775484 09 12/01/05 0.0000
501219 O 11/01/35
0
10332137 B42/G02 F 252,000.00 ZZ
360 252,000.00 1
6.8750 1443.75 80
6.6250 1443.75
XXX XXXX XXXX XX 00000 1 09/25/05 00
0440774057 05 11/01/05 0.0000
501222 O 10/01/35
0
10332149 B42/G02 F 196,800.00 ZZ
360 196,499.58 2
7.3750 1359.25 80
7.1250 1359.25
XXXXXX XXXXXXXXX 00000 1 10/07/05 00
0440775799 05 12/01/05 0.0000
501230 O 11/01/35
0
10332151 B42/G02 F 608,000.00 ZZ
360 606,727.38 1
5.7500 3548.13 61
5.5000 3548.13
XXXXXXX XX 00000 5 10/04/05 00
0440767507 05 12/01/05 0.0000
501231 O 11/01/35
0
10332157 B42/G02 F 164,000.00 ZZ
360 163,716.81 1
6.7500 1063.71 80
6.5000 1063.71
XXXXXXXX XX 00000 1 10/21/05 00
0440775708 05 12/01/05 0.0000
501240 O 11/01/35
0
10332165 B42/G02 F 600,000.00 ZZ
360 600,000.00 1
6.1250 3062.50 60
5.8750 3062.50
XXX XXXX XX 00000 5 10/14/05 00
0440767549 05 12/01/05 0.0000
501253 O 11/01/35
0
10332167 B42/G02 F 311,500.00 ZZ
360 310,907.34 1
6.2500 1917.96 63
6.0000 1917.96
XXXXXX XX 00000 5 10/21/05 00
0440769354 05 12/01/05 0.0000
501256 N 11/01/35
0
10332169 B42/G02 F 525,000.00 ZZ
360 523,926.86 1
5.8750 3105.58 50
5.6250 3105.58
XXXXXX XXXXX XXX 00000 5 10/05/05 00
0440771905 03 12/01/05 0.0000
501257 O 11/01/35
0
10332181 B42/G02 F 210,000.00 ZZ
360 210,000.00 1
6.2500 1093.75 70
6.0000 1093.75
XXXXXX XXXX XX 00000 5 10/07/05 00
0440768257 05 12/01/05 0.0000
501504 O 11/01/35
0
10332189 B42/G02 F 154,000.00 ZZ
360 153,619.08 1
7.0000 1024.57 80
6.7500 1024.57
XXXXXX XXXXXX XX 00000 1 10/28/05 00
0440774834 03 12/01/05 0.0000
501512 O 11/01/35
0
10332195 B42/G02 F 368,000.00 ZZ
360 367,211.32 1
5.6250 2118.42 66
5.3750 2118.42
XXXXXXXXXX XXXXX 00000 5 10/13/05 00
0440767481 05 12/01/05 0.0000
501518 O 11/01/35
0
10332199 B42/G02 F 524,000.00 ZZ
360 524,000.00 2
6.5000 2838.33 80
6.2500 2838.33
XXXXX XXX XX 00000 1 10/31/05 00
0440775658 05 01/01/06 0.0000
501564 O 12/01/35
0
10332201 B42/G02 F 400,000.00 ZZ
360 397,352.54 2
6.5000 2166.67 46
6.2500 2166.67
XXXX XXXXX XX 00000 5 10/19/05 00
0440773984 05 12/01/05 0.0000
501565 O 11/01/35
0
10332209 B42/G02 F 109,800.00 ZZ
360 109,705.46 1
6.7500 712.17 90
6.5000 712.17
XXXXXXX XX 00000 1 11/07/05 01
0440774487 05 01/01/06 25.0000
3050053417 O 12/01/35
0
10332211 B42/G02 F 296,000.00 ZZ
360 296,000.00 1
7.2500 1788.33 80
7.0000 1788.33
XXXXXXXXXX XXXXX 00000 1 10/28/05 00
0440774503 05 01/01/06 0.0000
501579 O 12/01/35
0
10332221 B42/G02 F 186,400.00 ZZ
360 186,070.18 1
6.6250 1193.54 80
6.3750 1193.54
XXXXX XXXXX XX 00000 1 11/04/05 00
0440776235 05 12/01/05 0.0000
501591 O 11/01/35
0
10332227 B42/G02 F 165,000.00 ZZ
360 164,857.94 1
6.7500 1070.19 77
6.5000 1070.19
XXXXXXX XX 00000 2 11/07/05 00
0440773513 05 01/01/06 0.0000
501602 N 12/01/35
0
10332243 B42/G02 F 306,683.00 ZZ
360 306,683.00 1
6.5000 1661.20 80
6.2500 1661.20
XXXXXXXXXX XX 00000 1 11/08/05 00
0440775831 03 01/01/06 0.0000
501627 O 12/01/35
0
10332249 B42/G02 F 617,500.00 ZZ
360 616,928.07 4
6.3750 3852.40 65
6.1250 3852.40
XXXXXXXX XX 00000 1 11/04/05 00
0440775757 05 01/01/06 0.0000
501641 N 12/01/35
0
10332257 B42/G02 F 72,000.00 ZZ
360 71,933.31 1
6.3750 449.19 80
6.1250 449.19
XXXXXXX XXXXX XX 00000 1 11/04/05 00
0440776821 01 01/01/06 0.0000
501648 O 12/01/35
0
10332259 B42/G02 F 422,000.00 ZZ
360 422,000.00 1
6.3750 2241.88 75
6.1250 2241.88
XXXXXXXXXX XX 00000 5 11/03/05 00
0440776847 05 01/01/06 0.0000
501650 O 12/01/35
0
10332263 B42/G02 F 248,000.00 ZZ
360 248,000.00 1
6.2500 1291.67 77
6.0000 1291.67
XXXXXXXX XX 00000 5 10/21/05 00
0440775377 05 12/01/05 0.0000
501669 O 11/01/35
0
10332265 B42/G02 F 260,000.00 ZZ
360 259,374.03 1
6.5000 1643.38 79
6.2500 1643.38
XXX XXXXXXX XX 00000 5 10/06/05 00
0440773646 05 12/01/05 0.0000
501670 O 11/01/35
0
10332285 B42/G02 F 438,750.00 ZZ
360 438,750.00 4
6.9900 2555.72 65
6.7400 2555.72
XXXXXXXXXXX XX 00000 1 11/17/05 00
0440777019 05 01/01/06 0.0000
701080 N 12/01/35
0
10332293 B42/G02 F 60,000.00 ZZ
360 59,947.06 1
6.6250 384.19 42
6.3750 384.19
XXXXXXXXX XX 00000 5 11/16/05 00
0440767267 05 01/01/06 0.0000
95639 N 12/01/35
0
10332513 E22/G02 F 65,650.00 ZZ
360 65,650.00 1
6.8750 431.27 65
6.6250 431.27
XXXXXXXX XX 00000 5 12/22/05 00
0426083150 05 02/01/06 0.0000
0426083150 N 01/01/36
0
10332571 E22/G02 F 37,500.00 ZZ
360 37,500.00 1
7.3750 259.00 75
7.1250 259.00
XXX XXXXXX XX 00000 1 12/22/05 00
0426328845 05 02/01/06 0.0000
0426328845 N 01/01/36
0
10332665 E22/G02 F 480,000.00 ZZ
360 480,000.00 1
7.0000 3193.45 80
6.7500 3193.45
XXXXXXXXXXX XX 00000 1 12/14/05 00
0426497293 05 02/01/06 0.0000
0426497293 O 01/01/36
0
10332719 E22/G02 F 73,800.00 ZZ
360 73,800.00 1
8.0000 541.52 90
7.7500 541.52
XXXX XXXXXXX XX 00000 1 12/22/05 10
0426555876 05 02/01/06 25.0000
0426555876 N 01/01/36
0
10332721 E22/G02 F 150,000.00 ZZ
360 150,000.00 1
6.8750 985.39 48
6.6250 985.39
XXXXXXXXXXXX XX 00000 1 12/22/05 00
0426556197 03 02/01/06 0.0000
0426556197 O 01/01/36
0
10332749 E22/G02 F 150,000.00 ZZ
360 150,000.00 1
6.3750 935.80 57
6.1250 935.80
XXXXXX XX 00000 1 12/22/05 00
0426585220 29 02/01/06 0.0000
0426585220 O 01/01/36
0
10332769 E22/G02 F 59,500.00 ZZ
360 59,500.00 1
7.2500 405.89 75
7.0000 405.89
XXXXXX XX 00000 2 12/22/05 00
0426602512 05 02/01/06 0.0000
0426602512 N 01/01/36
0
10332823 E22/G02 F 188,000.00 ZZ
360 188,000.00 1
7.8750 1233.75 80
7.6250 1233.75
XXXXXX XX 00000 1 12/12/05 00
0426670212 05 02/01/06 0.0000
0426670212 N 01/01/36
0
10332867 E22/G02 F 200,650.00 T
360 200,650.00 1
8.1250 1358.57 90
7.8750 1358.57
XXXXXXX XX 00000 1 12/22/05 04
0426714580 03 02/01/06 25.0000
0426714580 O 01/01/36
0
10332873 E22/G02 F 484,822.00 ZZ
360 484,822.00 1
7.0000 3225.53 80
6.7500 3225.53
XXXXXX XX 00000 1 12/22/05 00
0426716601 05 02/01/06 0.0000
0426716601 O 01/01/36
0
10332909 E22/G02 F 89,200.00 ZZ
360 89,200.00 1
7.3750 616.08 80
7.1250 616.08
XXXXX XX 00000 1 12/22/05 00
0426749933 05 02/01/06 0.0000
0426749933 N 01/01/36
0
10332929 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
8.0000 369.82 90
7.7500 369.82
XXXXX XX 00000 5 12/22/05 04
0426769725 05 02/01/06 25.0000
0426769725 N 01/01/36
0
10332931 E22/G02 F 69,300.00 ZZ
360 69,300.00 1
8.0000 508.50 90
7.7500 508.50
XXXXX XX 00000 5 12/22/05 04
0426769816 05 02/01/06 25.0000
0426769816 N 01/01/36
0
10332951 E22/G02 F 80,000.00 ZZ
360 80,000.00 1
7.5000 559.37 80
7.2500 559.37
XXXXXXXXXX XX 00000 2 12/21/05 00
0426340725 05 02/01/06 0.0000
0426340725 N 01/01/36
0
10333149 E82/G02 F 180,500.00 ZZ
360 180,500.00 1
6.7500 1170.72 95
6.5000 1170.72
XXXXXXX XX 00000 2 12/21/05 04
0401192752 05 02/01/06 30.0000
0401192752 O 01/01/36
0
10333153 E82/G02 F 79,900.00 ZZ
360 79,900.00 1
7.2500 545.06 87
7.0000 545.06
XXXXXX XX 00000 2 12/21/05 04
0401206461 05 02/01/06 25.0000
0401206461 O 01/01/36
0
10333183 E82/G02 F 283,000.00 ZZ
360 283,000.00 1
6.8750 1859.11 62
6.6250 1859.11
XX XXXXXX XX 00000 2 12/20/05 00
0401204482 03 02/01/06 0.0000
0401204482 O 01/01/36
0
10333217 P54/G02 F 73,000.00 ZZ
360 73,000.00 1
6.7500 473.48 50
6.5000 473.48
XXXXX XX 00000 2 12/09/05 00
0440808541 05 02/01/06 0.0000
12447 O 01/01/36
0
10333441 975/G02 F 650,000.00 ZZ
360 650,000.00 1
7.1250 4379.17 77
6.8750 4379.17
XXXXX XXXX XX 00000 1 12/14/05 00
0440778637 03 02/01/06 0.0000
11964090 O 01/01/36
0
10334175 E82/G02 F 160,000.00 ZZ
360 160,000.00 1
7.2500 1091.48 56
7.0000 1091.48
XXXXXXXXX XX 00000 5 12/21/05 00
0401208400 05 02/01/06 0.0000
0401208400 N 01/01/36
0
10334595 E22/G02 F 288,500.00 ZZ
360 288,500.00 1
7.2500 1968.08 75
7.0000 1968.08
XXXXXXXXX XX 00000 2 12/21/05 00
0426691796 05 02/01/06 0.0000
0426691796 O 01/01/36
0
10334633 E22/G02 F 105,520.00 ZZ
360 105,520.00 1
7.6250 670.49 80
7.3750 670.49
COLLEGE STATIOTX 77845 1 12/22/05 00
0426725362 05 02/01/06 0.0000
0426725362 O 01/01/36
0
10334651 E22/G02 F 325,000.00 ZZ
360 325,000.00 1
7.2500 1963.54 65
7.0000 1963.54
XXXXXXXXXX XX 00000 5 12/23/05 00
0426746830 03 02/01/06 0.0000
0426746830 N 01/01/36
0
10334663 E22/G02 F 57,668.00 ZZ
360 57,668.00 1
7.7500 413.14 80
7.5000 413.14
XXXXXXXXX XX 00000 1 12/22/05 00
0426775854 05 02/01/06 0.0000
0426775854 O 01/01/36
0
10334673 E22/G02 F 400,000.00 ZZ
360 400,000.00 1
6.8750 2627.72 67
6.6250 2627.72
XXXXXXX XX 00000 1 12/23/05 00
0426807467 03 02/01/06 0.0000
0426807467 O 01/01/36
0
10334753 E22/G02 F 113,000.00 ZZ
360 113,000.00 1
7.1250 761.30 23
6.8750 761.30
XXXXXXX XXXX XX 00000 5 12/05/05 00
0426532305 05 02/01/06 0.0000
0426532305 O 01/01/36
0
10334781 E22/G02 F 240,000.00 ZZ
360 240,000.00 1
6.7500 1350.00 80
6.5000 1350.00
XXXXXXX XX 00000 1 12/23/05 00
0426552758 05 02/01/06 0.0000
0426552758 O 01/01/36
0
10334799 E22/G02 F 65,600.00 ZZ
360 65,600.00 1
7.5000 458.68 80
7.2500 458.68
XXXXXXX XX 00000 2 12/23/05 00
0425026218 05 02/01/06 0.0000
0425026218 N 01/01/36
0
10334829 E22/G02 F 53,250.00 ZZ
360 53,250.00 2
7.3750 367.78 75
7.1250 367.78
XXXXXX XX 00000 2 12/23/05 00
0426004883 05 02/01/06 0.0000
0426004883 N 01/01/36
0
10334835 E22/G02 F 60,300.00 ZZ
360 60,300.00 3
7.5000 421.63 90
7.2500 421.63
XXXXXXXXX XX 00000 1 12/23/05 04
0426048740 05 02/01/06 25.0000
0426048740 N 01/01/36
0
10334841 E22/G02 F 750,000.00 ZZ
360 750,000.00 2
6.2500 4617.88 63
6.0000 4617.88
XXXXXXXX XX 00000 2 12/16/05 00
0426075131 05 02/01/06 0.0000
0426075131 O 01/01/36
0
10335085 E22/G02 F 74,400.00 ZZ
360 74,400.00 1
6.8750 488.76 80
6.6250 488.76
XXXXXXXXX XX 00000 1 12/20/05 00
0426672812 05 02/01/06 0.0000
0426672812 O 01/01/36
0
10335329 E82/G02 F 74,550.00 ZZ
360 74,550.00 1
7.8750 540.54 90
7.6250 540.54
XXXXXXX XX 00000 2 12/23/05 04
0401198197 05 02/01/06 25.0000
0401198197 O 01/01/36
0
10335335 E82/G02 F 121,000.00 ZZ
360 121,000.00 1
7.1250 815.20 88
6.8750 815.20
XXXXXXXXX XX 00000 2 12/22/05 04
0401204805 05 02/01/06 25.0000
0401204805 O 01/01/36
0
10335357 E82/G02 F 81,200.00 ZZ
360 81,200.00 1
7.6250 574.73 89
7.3750 574.73
XXXXXX XX 00000 2 12/20/05 04
0401198403 05 02/01/06 25.0000
0401198403 O 01/01/36
0
10335467 L21/G02 F 324,000.00 T
360 324,000.00 1
7.3750 1991.25 90
7.1250 1991.25
XXXX XXXX XXXXXX 00000 1 12/20/05 19
0440769495 05 02/01/06 25.0000
11007632 O 01/01/36
0
10335517 L21/G02 F 193,300.00 ZZ
360 193,300.00 3
6.8750 1269.85 65
6.6250 1269.85
XXXXXXXX XX 00000 1 12/07/05 00
0440767796 05 02/01/06 0.0000
32504981 N 01/01/36
0
10335711 L21/G02 F 243,725.00 ZZ
360 243,725.00 1
6.5000 1320.18 75
6.2500 1320.18
XXXXXXXXXX XX 00000 2 12/13/05 00
0440767986 05 02/01/06 0.0000
32504977 O 01/01/36
0
10335731 L21/G02 F 317,000.00 T
360 317,000.00 1
6.5000 2003.66 64
6.2500 2003.66
XXXXXXXXXX XX 00000 1 12/01/05 00
0440770675 03 02/01/06 0.0000
16507968 O 01/01/36
0
10335737 B42/G02 F 144,250.00 ZZ
360 143,968.88 1
6.1250 876.48 59
5.8750 876.48
XXXXXXX XX 00000 5 10/26/05 00
0440771756 05 12/01/05 0.0000
501192 O 11/01/35
0
10335907 E82/G02 F 276,300.00 ZZ
360 276,300.00 1
7.0000 1838.23 53
6.7500 1838.23
XXXXXXXX XX 00000 2 12/21/05 00
0401202569 05 02/01/06 0.0000
0401202569 O 01/01/36
0
10337113 L21/G02 F 226,500.00 ZZ
360 226,500.00 1
6.5000 1226.88 89
6.2500 1226.88
XXXXXXXXX XX 00000 2 11/30/05 19
0440769891 01 01/01/06 25.0000
28609490 O 12/01/35
0
10337115 L21/G02 F 96,400.00 ZZ
360 96,400.00 1
6.8750 552.29 80
6.6250 552.29
XXXX XXXXX XX 00000 1 12/21/05 00
0440769842 09 02/01/06 0.0000
28509601 O 01/01/36
0
10337421 E22/G02 F 76,500.00 ZZ
360 76,500.00 1
7.1250 515.39 90
6.8750 515.39
XXXXXX XX 00000 2 12/20/05 04
0426400032 05 02/01/06 25.0000
0426400032 O 01/01/36
0
10337439 E22/G02 F 197,000.00 ZZ
360 197,000.00 1
6.6250 1261.41 50
6.3750 1261.41
XXXXXX XX 00000 2 12/20/05 00
0426415030 03 02/01/06 0.0000
0426415030 O 01/01/36
0
10337487 E22/G02 F 50,240.00 ZZ
360 50,240.00 1
8.1250 373.03 80
7.8750 373.03
XXXXXX XX 00000 0 00/27/05 00
0426484689 01 02/01/06 0.0000
0426484689 O 01/01/36
0
10337561 E22/G02 F 73,600.00 ZZ
360 73,600.00 1
7.2500 502.08 80
7.0000 502.08
XXXXXX XXXXXX XX 00000 2 12/20/05 00
0426584272 05 02/01/06 0.0000
0426584272 O 01/01/36
0
10337667 E22/G02 F 209,758.00 ZZ
360 209,758.00 1
8.0000 1398.39 75
7.7500 1398.39
XXXX XXXXX XX 00000 1 12/27/05 00
0426652947 05 02/01/06 0.0000
0426652947 N 01/01/36
0
10337743 E22/G02 F 320,000.00 ZZ
360 320,000.00 1
6.8750 1833.33 80
6.6250 1833.33
XXXXXXXXX XX 00000 5 12/21/05 00
0426696829 05 02/01/06 0.0000
0426696829 O 01/01/36
0
10337793 E22/G02 F 84,000.00 ZZ
360 84,000.00 1
7.2500 573.03 80
7.0000 573.03
XXXXXXXX XX 00000 1 12/21/05 00
0426748349 05 02/01/06 0.0000
0426748349 O 01/01/36
0
10337823 E22/G02 F 236,000.00 ZZ
360 236,000.00 1
6.7500 1327.50 53
6.5000 1327.50
XXXXXXX XX 00000 5 12/16/05 00
0426771929 05 02/01/06 0.0000
0426771929 O 01/01/36
0
10338539 E82/G02 F 150,000.00 ZZ
360 150,000.00 1
6.7500 972.90 55
6.5000 972.90
XXXXXXX XX 00000 2 12/27/05 00
0401194790 05 02/01/06 0.0000
0401194790 N 01/01/36
0
10338963 P01/G02 F 76,000.00 ZZ
360 76,000.00 1
7.1250 512.03 80
6.8750 512.03
XXXXXXXXXXX XX 00000 1 12/19/05 00
0440773406 05 02/01/06 0.0000
05005669 O 01/01/36
0
10340809 E22/G02 F 145,000.00 ZZ
360 145,000.00 1
7.0000 964.69 40
6.7500 964.69
XXXXXX XXXXXX XX 00000 1 12/16/05 00
0426450441 03 02/01/06 0.0000
0426450441 O 01/01/36
0
10340829 E22/G02 F 535,000.00 ZZ
360 535,000.00 1
7.3750 3288.02 57
7.1250 3288.02
XXXXX XXXXX XX 00000 5 12/13/05 00
0426502142 03 02/01/06 0.0000
0426502142 O 01/01/36
0
10340917 E22/G02 F 182,400.00 ZZ
360 182,400.00 1
6.8750 1045.00 80
6.6250 1045.00
XXXXXXXXXXXX XX 00000 1 12/28/05 00
0426583357 05 02/01/06 0.0000
0426583357 O 01/01/36
0
10340937 E22/G02 F 100,000.00 ZZ
360 100,000.00 1
7.2500 682.18 80
7.0000 682.18
XXXXXX XX 00000 2 12/22/05 00
0426596516 05 02/01/06 0.0000
0426596516 O 01/01/36
0
10341075 E22/G02 F 333,900.00 ZZ
360 333,900.00 1
7.6250 2363.32 77
7.3750 2363.32
XXXXXXXXXX XX 00000 2 12/22/05 00
0426695243 05 02/01/06 0.0000
0426695243 O 01/01/36
0
10341077 E22/G02 F 60,400.00 ZZ
360 60,400.00 1
8.1250 448.47 80
7.8750 448.47
XXXXXXXXXX XX 00000 1 12/28/05 00
0426698312 05 02/01/06 0.0000
0426698312 N 01/01/36
0
10341109 E22/G02 F 75,853.00 ZZ
360 75,853.00 2
6.7500 491.98 100
6.5000 491.98
XXXXXXXXXXX XX 00000 1 12/28/05 11
0426730388 05 02/01/06 35.0000
0426730388 O 01/01/36
0
10344081 E22/G02 F 67,050.00 ZZ
360 67,050.00 1
8.0000 491.99 90
7.7500 491.99
XXXXXXX XX 00000 1 12/22/05 04
0426591202 05 02/01/06 25.0000
0426591202 N 01/01/36
0
10344191 E22/G02 F 292,800.00 ZZ
360 292,800.00 1
7.2500 1769.00 80
7.0000 1769.00
XXXXXXXX XX 00000 2 12/23/05 00
0426353231 05 02/01/06 0.0000
0426353231 O 01/01/36
0
10344215 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 10
0426415311 05 02/01/06 25.0000
0426415311 N 01/01/36
0
10344219 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 04
0426420337 05 02/01/06 25.0000
0426420337 N 01/01/36
0
10344223 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 04
0426420410 05 02/01/06 25.0000
0426420410 N 01/01/36
0
10344225 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 10
0426420436 05 02/01/06 25.0000
0426420436 N 01/01/36
0
10344231 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 10
0426428090 05 02/01/06 25.0000
0426428090 N 01/01/36
0
10344241 E22/G02 F 50,400.00 ZZ
360 50,400.00 1
7.5000 352.40 90
7.2500 352.40
XXXXXXXX XXXX XX 00000 1 12/28/05 10
0426431870 05 02/01/06 25.0000
0426431870 N 01/01/36
0
10344321 E22/G02 F 59,600.00 ZZ
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 2 12/29/05 00
0426533998 03 02/01/06 0.0000
0426533998 N 01/01/36
0
10344363 E22/G02 F 70,125.00 ZZ
360 70,125.00 1
7.7500 502.38 85
7.5000 502.38
XXXXXXX XX 00000 2 12/22/05 04
0426643227 05 02/01/06 12.0000
0426643227 O 01/01/36
0
10344417 E22/G02 F 59,600.00 TX
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 5 12/29/05 00
0426677142 03 02/01/06 0.0000
0426677142 N 01/01/36
0
10344423 E22/G02 F 59,600.00 TX
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 5 12/29/05 00
0426678918 03 02/01/06 0.0000
0426678918 N 01/01/36
0
10344437 E22/G02 F 76,700.00 ZZ
360 76,700.00 1
7.5000 536.30 75
7.2500 536.30
XXXXXXXXXX XX 00000 1 12/29/05 00
0426683603 05 02/01/06 0.0000
0426683603 O 01/01/36
0
10344459 E22/G02 F 59,600.00 ZZ
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 2 12/29/05 00
0426690707 03 02/01/06 0.0000
0426690707 N 01/01/36
0
10344461 E22/G02 F 59,600.00 ZZ
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 2 12/29/05 00
0426690798 03 02/01/06 0.0000
0426690798 N 01/01/36
0
10344463 E22/G02 F 59,600.00 TX
360 59,600.00 1
8.0000 437.32 77
7.7500 437.32
XX XXXX XX 00000 5 12/29/05 00
0426690871 03 02/01/06 0.0000
0426690871 N 01/01/36
0
10344475 E22/G02 F 72,600.00 ZZ
240 72,600.00 1
7.2500 573.81 76
7.0000 573.81
XXXXXXX XX 00000 2 12/23/05 00
0426693479 05 02/01/06 0.0000
0426693479 O 01/01/26
0
10344507 E22/G02 F 81,600.00 ZZ
360 81,600.00 1
7.3750 563.59 80
7.1250 563.59
XXXXXXXX XX 00000 2 12/29/05 00
0426703195 05 02/01/06 0.0000
0426703195 N 01/01/36
0
10344513 E22/G02 F 148,500.00 ZZ
360 148,500.00 4
7.7500 1063.87 90
7.5000 1063.87
XXXXX XX 00000 1 12/21/05 04
0426704813 05 02/01/06 25.0000
0426704813 N 01/01/36
0
10344531 E22/G02 F 148,500.00 ZZ
360 148,500.00 4
7.7500 1063.87 90
7.5000 1063.87
XXXXX XX 00000 1 12/21/05 04
0426714473 05 02/01/06 25.0000
0426714473 N 01/01/36
0
10344545 E22/G02 F 148,500.00 ZZ
360 148,500.00 4
7.7500 1063.87 90
7.5000 1063.87
XXXXX XX 00000 1 12/21/05 04
0426718714 05 02/01/06 25.0000
0426718714 N 01/01/36
0
10344559 E22/G02 F 285,000.00 ZZ
360 285,000.00 1
6.5000 1801.39 64
6.2500 1801.39
XXXXXX XX 00000 5 12/23/05 00
0426724712 05 02/01/06 0.0000
0426724712 O 01/01/36
0
10345237 313/G02 F 75,100.00 ZZ
360 75,100.00 1
6.8750 493.35 48
6.6250 493.35
XXXXXXXX XX 00000 1 12/20/05 00
0440791580 05 02/01/06 0.0000
10957926 O 01/01/36
0
10348217 B39/G02 F 124,720.00 ZZ
360 124,720.00 1
7.0000 727.53 80
6.7500 727.53
XXXXXXXX XX 00000 1 12/09/05 00
0440804284 01 02/01/06 0.0000
05803141F N 01/01/36
0
10348433 E22/G02 F 61,325.00 ZZ
360 61,325.00 1
7.7500 439.34 100
7.5000 439.34
XXXXXXXX XX 00000 1 12/30/05 10
0426469748 05 02/01/06 35.0000
0426469748 O 01/01/36
0
10348501 E22/G02 F 180,025.00 ZZ
360 180,025.00 1
6.7500 1167.64 95
6.5000 1167.64
XXXX XXXXXXXXXXX 00000 2 12/23/05 04
0426542379 05 02/01/06 30.0000
0426542379 O 01/01/36
0
10348513 E22/G02 F 200,000.00 ZZ
360 200,000.00 1
7.0000 1330.60 29
6.7500 1330.60
XXXXX (CITY) XX 00000 5 12/20/05 00
0426549184 05 02/01/06 0.0000
0426549184 O 01/01/36
0
10348595 E22/G02 F 68,000.00 ZZ
360 68,000.00 1
7.2500 463.88 80
7.0000 463.88
XXXXXX XX 00000 2 12/30/05 00
0426619276 05 02/01/06 0.0000
0426619276 N 01/01/36
0
10349515 E82/G02 F 84,500.00 ZZ
360 84,500.00 1
7.1250 569.29 82
6.8750 569.29
XXXXXXXXX XX 00000 2 12/28/05 04
0401206792 05 02/01/06 12.0000
0401206792 O 01/01/36
0
10349523 E82/G02 F 79,200.00 ZZ
360 79,200.00 1
7.1250 533.59 80
6.8750 533.59
XXX XXXXXXX XX 00000 2 12/27/05 00
0401182910 05 02/01/06 0.0000
0401182910 O 01/01/36
0
10349837 313/G02 F 138,550.00 ZZ
360 138,550.00 2
7.6250 980.65 85
7.3750 980.65
XXXXXXXXX XX 00000 1 12/28/05 10
0440844637 05 02/01/06 20.0000
10783165 N 01/01/36
0
10350369 U45/G02 F 238,000.00 ZZ
360 238,000.00 1
6.7500 1543.66 61
6.5000 1543.66
XXXXXXXXX XX 00000 2 12/19/05 00
0440807444 05 02/01/06 0.0000
513300007 O 01/01/36
0
10350403 Q14/G02 F 55,300.00 ZZ
360 55,300.00 4
7.2500 377.24 51
7.0000 377.24
XXXXXXXXXXXX XX 00000 2 12/23/05 00
0440806065 05 02/01/06 0.0000
0000532830 N 01/01/36
0
10350483 E82/G02 F 55,000.00 ZZ
360 55,000.00 2
7.3750 379.87 58
7.1250 379.87
XXXXX XXXXX XX 00000 2 12/23/05 00
0401198122 05 02/01/06 0.0000
0401198122 N 01/01/36
0
10353021 T08/M32 F 605,600.00 ZZ
360 605,600.00 1
6.2500 3154.17 80
6.0000 3154.17
XXX XXXXX XX 00000 2 10/31/05 00
TO BE ASSIGNED 05 12/01/05 0.0000
132320120 O 11/01/35
0
10353507 W51/G02 F 320,000.00 ZZ
360 319,437.66 1
7.5000 2237.49 80
7.2500 2237.49
XXXXXXX XX 00000 5 10/06/05 00
0440858439 05 12/01/05 0.0000
CA0517555 O 11/01/35
0
10354997 L21/G02 F 85,700.00 ZZ
360 85,700.00 1
7.1250 508.84 78
6.8750 508.84
XXXXXXX XX 00000 1 12/14/05 00
0440804722 05 02/01/06 0.0000
26508728 O 01/01/36
0
10355015 L21/G02 F 138,050.00 ZZ
360 138,050.00 1
6.7500 776.53 78
6.5000 776.53
XXXXXXXX XX 00000 2 12/16/05 00
0440791119 05 02/01/06 0.0000
26508891 O 01/01/36
0
10355315 L21/G02 F 135,200.00 ZZ
360 135,200.00 1
7.1250 802.75 80
6.8750 802.75
XXX XXXXX XX 00000 1 10/21/05 00
0440791085 05 12/01/05 0.0000
26508131 O 11/01/35
0
10366399 E22/G02 F 79,800.00 ZZ
360 79,800.00 1
6.6250 510.97 70
6.3750 510.97
XXXXXX XX 00000 2 12/29/05 00
0426839411 01 02/01/06 0.0000
0426839411 O 01/01/36
0
10366863 253/253 F 56,250.00 ZZ
360 56,250.00 1
7.7500 402.98 75
7.5000 402.98
XXXXXXXX XX 00000 1 12/28/05 00
647324 05 02/01/06 0.0000
647324 N 01/01/36
0
Total Number of Loans 1,399
Total Original Balance 324,365,230.96
Total Principal Balance 323,843,583.63
Total Original P+I 2,037,392.61
Total Current P+I 2,037,392.60
Fixed Rate Passthru
Loan Number Sub Serv Fee
Principal Bal Mstr Serv Fee
Curr Note Rate Alloc Exp
Net Curr Misc Exp
Investor Rate Spread
Post Strip Rate Strip
8983812 0.2500
221496.69 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
9748275 0.2500
129827.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
9872015 0.2500
305675.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
9873785 0.2500
84373.48 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
9902685 0.2500
119136.87 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
9902723 0.2500
190302.94 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
9902739 0.2500
194310.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
9902839 0.2500
359650.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
9916811 0.2500
245000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
9925861 0.2500
87165.13 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
9946406 0.2500
137930.90 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
9946879 0.2500
160000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
9949446 0.9778
178576.52 0.0800
7.6250 0.0000
6.6472 0.0000
6.5672
6.0000 0.5672
9949486 0.9778
146850.77 0.0800
8.0000 0.0000
7.0222 0.0000
6.9422
6.0000 0.9422
9979923 0.2500
214407.77 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9984603 0.2500
430000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
9985096 0.2500
103688.33 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
9985246 0.7187
149198.45 0.0800
7.7500 0.0000
7.0313 0.0000
6.9513
6.0000 0.9513
9986220 0.2500
141369.17 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
9986312 0.2500
42375.75 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
9986318 0.2500
87729.65 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10009139 0.2500
161006.64 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10013671 0.2500
124296.04 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10013677 0.2500
180863.30 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10013745 0.2500
199280.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10050608 0.2500
157190.61 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10050626 0.2500
143581.15 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10050648 0.2500
108468.25 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10050748 0.7400
121383.04 0.0800
8.6250 0.0000
7.8850 0.0000
7.8050
6.0000 1.8050
10050762 0.6430
41060.91 0.0800
8.2500 0.0000
7.6070 0.0000
7.5270
6.0000 1.5270
10050794 0.9690
177764.04 0.0800
8.0000 0.0000
7.0310 0.0000
6.9510
6.0000 0.9510
10051590 0.2500
259238.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10051624 0.2500
208880.64 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10051834 0.2500
376969.28 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10052568 0.4600
81010.04 0.0800
7.8750 0.0000
7.4150 0.0000
7.3350
6.0000 1.3350
10052586 0.3150
206576.21 0.0800
7.2500 0.0000
6.9350 0.0000
6.8550
6.0000 0.8550
10066569 0.2500
231331.07 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10068581 0.2500
118871.58 0.0300
5.9990 0.0000
5.7490 0.0000
5.7190
5.7190 0.0000
10068647 0.2500
139998.69 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10068659 0.2500
496800.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10072569 0.2500
279527.83 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10073169 0.2500
217288.42 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10073201 0.9000
131503.74 0.0800
7.5000 0.0000
6.6000 0.0000
6.5200
6.0000 0.5200
10079359 0.2500
113310.48 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10123025 0.2500
91312.31 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10125651 0.2500
17939.31 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127682 0.2500
287484.46 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127684 0.2500
406688.71 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10127688 0.2500
275928.69 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10127690 0.2500
159736.92 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10127694 0.2500
167702.72 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127696 0.2500
282461.56 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10127702 0.2500
399274.82 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127706 0.2500
55697.39 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127708 0.2500
47635.77 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10127710 0.2500
132228.96 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10127716 0.2500
259528.63 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127722 0.2500
194137.07 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10127728 0.2500
59891.21 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127730 0.2500
207640.81 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127732 0.2500
114202.45 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127734 0.2500
99814.27 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127736 0.2500
214541.46 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127740 0.2500
159709.93 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127744 0.2500
93724.50 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10127748 0.2500
160914.75 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127750 0.2500
337326.62 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10127752 0.2500
191567.94 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127760 0.2500
139720.43 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10127764 0.2500
187667.34 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127766 0.2500
105057.19 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10127768 0.2500
243568.25 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127776 0.2500
76644.32 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127782 0.2500
211018.56 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10127784 0.2500
61786.75 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127786 0.2500
61786.75 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10127788 0.2500
440200.48 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127790 0.2500
326948.12 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10127792 0.2500
59912.86 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10127794 0.2500
247539.38 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127796 0.2500
157221.31 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10127800 0.2500
423193.27 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10127802 0.2500
18870.41 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10127804 0.2500
42223.31 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10127808 0.2500
149775.73 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127810 0.2500
66876.42 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10127814 0.2500
302738.20 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127816 0.2500
87858.82 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10127818 0.2500
94348.39 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10127824 0.2500
421216.20 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127826 0.2500
134116.32 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10127828 0.2500
133800.48 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10127832 0.2500
159702.81 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10127836 0.2500
598858.41 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10127990 0.2500
51102.58 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10127994 0.2500
63889.47 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128000 0.2500
299456.82 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128002 0.2500
96323.33 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10128008 0.2500
271469.89 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128010 0.2500
64950.54 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10128012 0.2500
39538.01 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10128014 0.2500
447147.61 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128018 0.2500
287720.08 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128022 0.2500
52423.74 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10128024 0.2500
521062.76 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128026 0.2500
87848.03 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128028 0.2500
49426.29 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128032 0.2500
88493.13 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128036 0.2500
76383.22 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10128042 0.2500
87855.30 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128044 0.2500
52711.03 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128046 0.2500
63487.96 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128052 0.2500
311206.76 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128056 0.2500
368362.81 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128060 0.2500
55149.83 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128062 0.2500
127568.29 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128064 0.2500
50907.53 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128066 0.2500
278681.43 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128068 0.2500
54308.33 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128070 0.2500
147779.63 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128072 0.2500
39411.51 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128074 0.2500
223583.96 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128076 0.2500
46473.46 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128078 0.2500
269522.25 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128084 0.2500
209597.96 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128090 0.2500
40431.75 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128094 0.2500
53953.50 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128098 0.2500
39910.37 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128100 0.2500
187675.35 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128102 0.2500
79196.64 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128104 0.2500
117710.86 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128106 0.2500
49887.36 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128112 0.2500
145336.02 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128114 0.2500
144125.25 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128116 0.2500
304859.61 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128120 0.2500
67086.76 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128122 0.2500
106070.95 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128124 0.2500
98612.02 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128128 0.2500
64863.93 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10128130 0.2500
395146.02 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128132 0.2500
594798.70 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128134 0.2500
37539.68 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128138 0.2500
44877.71 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128142 0.2500
157287.77 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10128144 0.2500
44877.71 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128146 0.2500
149089.65 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128290 0.2500
210487.74 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128294 0.2500
479337.15 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10128298 0.2500
155524.32 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128300 0.2500
63655.08 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128306 0.2500
55805.39 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128310 0.2500
40435.03 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128316 0.2500
147744.42 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128318 0.2500
110563.90 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128322 0.2500
124973.02 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128324 0.2500
47610.37 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10128328 0.2500
191643.38 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128334 0.2500
264308.18 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128336 0.2500
447298.93 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10128338 0.2500
61106.56 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10128344 0.2500
111811.26 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128346 0.2500
275703.37 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128348 0.2500
141468.85 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128350 0.2500
127784.31 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128354 0.2500
114225.35 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10128358 0.2500
138130.27 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128360 0.2500
77398.60 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128362 0.2500
89155.25 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128364 0.2500
499048.69 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128366 0.2500
279528.17 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128370 0.2500
165259.83 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128372 0.2500
95132.80 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10128374 0.2500
137578.45 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128376 0.2500
111011.77 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128378 0.2500
156914.98 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128380 0.2500
75943.59 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128382 0.2500
38185.54 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128384 0.2500
23957.31 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128388 0.2500
293115.72 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128390 0.2500
259561.87 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128396 0.2500
36936.10 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128404 0.2500
39908.10 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10128410 0.2500
209868.81 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128412 0.2500
207649.50 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128414 0.2500
84811.97 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10128418 0.2500
478975.97 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128420 0.2500
49915.74 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128422 0.2500
49915.74 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128428 0.2500
275411.81 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128432 0.2500
48679.21 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10128440 0.2500
57953.62 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128446 0.2500
96666.32 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10128448 0.2500
319405.65 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10128452 0.2500
40430.05 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10128454 0.2500
68342.54 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128456 0.2500
179309.46 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128458 0.2500
246177.25 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128460 0.2500
91833.19 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128630 0.6546
49324.66 0.0800
6.7500 0.0000
6.0954 0.0000
6.0154
6.0000 0.0154
10128632 0.6546
67914.85 0.0300
6.2500 0.0000
5.5954 0.0000
5.5654
5.5654 0.0000
10128634 0.6546
236619.71 0.0300
6.3750 0.0000
5.7204 0.0000
5.6904
5.6904 0.0000
10128636 0.6546
44035.96 0.0800
7.6250 0.0000
6.9704 0.0000
6.8904
6.0000 0.8904
10128638 0.6546
44035.96 0.0800
7.6250 0.0000
6.9704 0.0000
6.8904
6.0000 0.8904
10128640 0.6546
53170.58 0.0800
7.0000 0.0000
6.3454 0.0000
6.2654
6.0000 0.2654
10128642 0.6546
72988.40 0.0800
7.3750 0.0000
6.7204 0.0000
6.6404
6.0000 0.6404
10128644 0.6546
176063.43 0.0800
7.0000 0.0000
6.3454 0.0000
6.2654
6.0000 0.2654
10128646 0.6546
177504.52 0.0800
7.8750 0.0000
7.2204 0.0000
7.1404
6.0000 1.1404
10128648 0.6546
80427.04 0.0800
7.3750 0.0000
6.7204 0.0000
6.6404
6.0000 0.6404
10128654 0.6546
159604.23 0.0800
7.0000 0.0000
6.3454 0.0000
6.2654
6.0000 0.2654
10128656 0.6546
122178.42 0.0300
6.6250 0.0000
5.9704 0.0000
5.9404
5.9404 0.0000
10128658 0.6546
120303.12 0.0800
7.0000 0.0000
6.3454 0.0000
6.2654
6.0000 0.2654
10128660 0.6546
85348.70 0.0300
6.6250 0.0000
5.9704 0.0000
5.9404
5.9404 0.0000
10128662 0.6546
130142.86 0.0800
7.2500 0.0000
6.5954 0.0000
6.5154
6.0000 0.5154
10128668 0.6546
304486.05 0.0800
6.8750 0.0000
6.2204 0.0000
6.1404
6.0000 0.1404
10128670 0.6546
238077.98 0.0300
6.6250 0.0000
5.9704 0.0000
5.9404
5.9404 0.0000
10128676 0.6546
164435.79 0.0800
7.1250 0.0000
6.4704 0.0000
6.3904
6.0000 0.3904
10128678 0.6546
184672.64 0.0300
6.6250 0.0000
5.9704 0.0000
5.9404
5.9404 0.0000
10128680 0.6546
153781.90 0.0800
7.7500 0.0000
7.0954 0.0000
7.0154
6.0000 1.0154
10128682 0.6546
487659.00 0.0800
8.1250 0.0000
7.4704 0.0000
7.3904
6.0000 1.3904
10128684 0.6546
100649.91 0.0800
7.5000 0.0000
6.8454 0.0000
6.7654
6.0000 0.7654
10128686 0.6546
139775.42 0.0800
7.1250 0.0000
6.4704 0.0000
6.3904
6.0000 0.3904
10128688 0.6546
158525.18 0.0800
7.7500 0.0000
7.0954 0.0000
7.0154
6.0000 1.0154
10128776 0.2500
146860.96 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128782 0.2500
315465.29 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128792 0.2500
499360.13 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10128800 0.2500
89865.98 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128804 0.2500
230610.75 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10128806 0.2500
398359.95 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10128814 0.2500
64900.78 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10128822 0.2500
499217.53 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10128830 0.2500
234658.74 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10128832 0.2500
127536.59 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128834 0.2500
199687.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10128836 0.2500
100675.23 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10128838 0.2500
109303.36 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10128848 0.2500
47339.33 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10128850 0.2500
47938.57 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10128852 0.2500
239660.13 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10128854 0.2500
69074.45 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10128864 0.2500
59957.50 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10128872 0.2500
56796.39 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10128874 0.2500
39944.76 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10128878 0.2500
649146.72 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10128880 0.2500
59912.86 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10128882 0.2500
61108.14 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10128886 0.8096
414580.19 0.0800
8.1250 0.0000
7.3154 0.0000
7.2354
6.0000 1.2354
10128888 0.8096
373051.00 0.0800
9.1250 0.0000
8.3154 0.0000
8.2354
6.0000 2.2354
10128890 0.8096
102429.43 0.0800
7.2500 0.0000
6.4404 0.0000
6.3604
6.0000 0.3604
10128892 0.8096
101526.38 0.0800
8.5000 0.0000
7.6904 0.0000
7.6104
6.0000 1.6104
10128896 0.8096
70112.41 0.0800
8.3750 0.0000
7.5654 0.0000
7.4854
6.0000 1.4854
10128898 0.8096
182135.16 0.0800
8.5000 0.0000
7.6904 0.0000
7.6104
6.0000 1.6104
10128900 0.8096
243812.88 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128904 0.8096
526008.56 0.0800
8.1250 0.0000
7.3154 0.0000
7.2354
6.0000 1.2354
10128910 0.8096
97974.45 0.0800
8.2500 0.0000
7.4404 0.0000
7.3604
6.0000 1.3604
10128912 0.8096
367653.89 0.0800
8.2500 0.0000
7.4404 0.0000
7.3604
6.0000 1.3604
10128914 0.8096
94385.08 0.0800
8.5000 0.0000
7.6904 0.0000
7.6104
6.0000 1.6104
10128916 0.8096
88265.05 0.0800
7.3750 0.0000
6.5654 0.0000
6.4854
6.0000 0.4854
10128918 0.8096
265658.47 0.0800
8.2500 0.0000
7.4404 0.0000
7.3604
6.0000 1.3604
10128922 0.8096
304495.94 0.0800
7.5000 0.0000
6.6904 0.0000
6.6104
6.0000 0.6104
10128924 0.8096
220546.11 0.0800
7.5000 0.0000
6.6904 0.0000
6.6104
6.0000 0.6104
10128930 0.8096
231059.47 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128932 0.8096
103159.29 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128934 0.8096
350971.88 0.0800
8.5000 0.0000
7.6904 0.0000
7.6104
6.0000 1.6104
10128936 0.8096
84219.29 0.0800
8.1250 0.0000
7.3154 0.0000
7.2354
6.0000 1.2354
10128940 0.8096
284644.47 0.0800
8.3750 0.0000
7.5654 0.0000
7.4854
6.0000 1.4854
10128944 0.8096
488655.12 0.0800
8.5000 0.0000
7.6904 0.0000
7.6104
6.0000 1.6104
10128946 0.8096
297808.54 0.0800
8.1250 0.0000
7.3154 0.0000
7.2354
6.0000 1.2354
10128948 0.8096
109102.89 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128950 0.8096
182472.07 0.0800
8.3750 0.0000
7.5654 0.0000
7.4854
6.0000 1.4854
10128952 0.8096
113744.89 0.0800
8.8750 0.0000
8.0654 0.0000
7.9854
6.0000 1.9854
10128956 0.8096
194487.77 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128958 0.8096
55883.68 0.0800
8.6250 0.0000
7.8154 0.0000
7.7354
6.0000 1.7354
10128960 0.8096
235457.58 0.0800
7.6250 0.0000
6.8154 0.0000
6.7354
6.0000 0.7354
10128962 0.8096
387515.97 0.0800
8.3750 0.0000
7.5654 0.0000
7.4854
6.0000 1.4854
10128964 0.8096
398405.91 0.0800
7.5000 0.0000
6.6904 0.0000
6.6104
6.0000 0.6104
10128968 0.8096
222949.40 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128972 0.8096
494428.34 0.0800
8.7500 0.0000
7.9404 0.0000
7.8604
6.0000 1.8604
10128974 0.8096
460097.52 0.0800
7.7500 0.0000
6.9404 0.0000
6.8604
6.0000 0.8604
10128976 0.8096
640490.08 0.0800
8.6250 0.0000
7.8154 0.0000
7.7354
6.0000 1.7354
10128978 0.8096
192640.26 0.0800
8.0000 0.0000
7.1904 0.0000
7.1104
6.0000 1.1104
10128980 0.8096
81795.18 0.0800
8.2500 0.0000
7.4404 0.0000
7.3604
6.0000 1.3604
10136913 0.2500
58102.39 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165678 0.2500
345179.99 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165680 0.2500
146002.22 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10165682 0.2500
99960.55 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165684 0.2500
63778.41 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165686 0.2500
123341.95 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165690 0.2500
147738.10 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165692 0.2500
64667.54 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10165694 0.2500
284729.57 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165696 0.2500
170859.68 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165698 0.2500
343681.38 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165700 0.2500
66284.60 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10165702 0.2500
205793.01 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10165706 0.2500
124335.87 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10165710 0.2500
61846.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165714 0.2500
49904.87 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165716 0.2500
62497.21 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165718 0.2500
142141.83 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10165722 0.2500
49765.94 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165724 0.2500
251519.69 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165726 0.2500
351681.79 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10165740 0.2500
320259.43 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165742 0.2500
165433.23 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165750 0.2500
107822.42 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10165754 0.2500
215536.08 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10165756 0.2500
358932.13 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10165760 0.2500
49957.99 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165764 0.2500
119777.11 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10165768 0.2500
57421.55 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10165776 0.2500
107395.26 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165784 0.2500
62893.83 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165786 0.2500
294720.09 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10165788 0.2500
261863.63 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10165792 0.2500
690434.59 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165796 0.2500
99253.60 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165800 0.2500
319419.86 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10165802 0.2500
202091.87 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10165804 0.2500
287257.20 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10165810 0.2500
491498.38 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10165812 0.2500
287490.40 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165814 0.2500
591477.68 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10165818 0.2500
287752.03 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10165822 0.2500
287726.73 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10168671 0.2500
211500.86 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10169365 0.2500
109608.08 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10170060 0.2500
299386.78 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10170080 0.2500
184828.65 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10170088 0.2500
359300.44 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10170096 0.2500
55843.01 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10170104 0.2500
74935.43 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10170110 0.2500
162330.33 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10170112 0.2500
130878.67 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10170114 0.2500
399582.38 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10170116 0.2500
345671.70 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10170120 0.2500
422127.24 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10170122 0.2500
604368.34 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10170124 0.2500
103108.95 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10170126 0.2500
132570.68 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10170128 0.2500
399638.40 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10170567 0.2500
143616.74 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10181343 0.2500
42645.36 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10181345 0.2500
61468.22 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10181347 0.2500
39101.03 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10181355 0.2500
68856.60 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10183531 0.2500
166098.18 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10184873 0.2500
145402.43 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10187228 0.2500
379717.98 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10187250 0.2500
74945.71 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10187292 0.2500
49863.81 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10187294 0.2500
45467.88 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10187310 0.2500
79935.67 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10187322 0.2500
86941.62 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10187496 0.2500
274763.24 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10187945 0.2500
60668.26 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10188362 0.2500
97418.08 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188374 0.2500
52474.12 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10188376 0.2500
258919.87 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188378 0.2500
59955.47 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10188388 0.2500
63200.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10188394 0.2500
271960.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10188408 0.2500
234149.99 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188412 0.2500
240000.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10188414 0.2500
117900.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188416 0.2500
154587.59 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10188418 0.2500
135600.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10188422 0.2500
415500.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10188428 0.2500
160000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188436 0.2500
332000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10188442 0.2500
520000.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10188446 0.2500
449998.75 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10188450 0.2500
69771.63 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10188464 0.2500
62192.34 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10188466 0.2500
52050.56 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10188468 0.2500
208456.42 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10188470 0.2500
191129.74 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10188476 0.2500
284000.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10188482 0.2500
275400.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10188492 0.2500
281250.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10188498 0.2500
203482.88 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188502 0.2500
191920.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10188510 0.2500
120000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10188748 0.2500
38665.01 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10188760 0.2500
202334.01 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188774 0.2500
148743.09 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188776 0.2500
47211.26 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188782 0.2500
278000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10188787 0.2500
75792.26 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188788 0.2500
612000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10188796 0.2500
115967.98 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10188798 0.2500
40118.67 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10188814 0.2500
88708.75 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188836 0.2500
317000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10188860 0.2500
68443.84 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188872 0.2500
430887.69 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10188892 0.2500
461249.99 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188902 0.2500
255010.60 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10188915 0.2500
101747.70 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10188959 0.2500
110896.78 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10190450 0.2500
62042.48 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10190452 0.2500
59847.50 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10190482 0.2500
282288.30 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10190496 0.2500
69642.86 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10190514 0.2500
457600.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10190524 0.2500
59868.41 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10190596 0.2500
47163.18 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10190668 0.2500
72955.36 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10190692 0.2500
39972.47 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10190734 0.2500
148520.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10190740 0.2500
81451.51 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10196619 0.2500
212349.10 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10200773 0.2500
133369.29 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10201173 0.2500
82331.36 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10207859 0.2500
121223.72 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10212492 0.2500
115911.74 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10213495 0.2500
85056.73 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10217833 0.2500
340480.40 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10217955 0.2500
141166.85 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10221192 0.2500
491407.50 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10223527 0.2500
348974.24 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10223639 0.2500
648821.58 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10223678 0.2500
58649.46 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10223913 0.2500
52127.91 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10225729 0.2500
191616.76 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10226345 0.2500
92476.28 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10226429 0.2500
69835.20 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10228343 0.2500
183666.42 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10228597 0.2500
135768.67 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10230046 0.2500
583459.09 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230054 0.2500
819311.10 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10230058 0.2500
424566.69 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10230062 0.2500
454636.14 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10230074 0.2500
433626.33 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10230076 0.2500
420809.88 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230204 0.2500
99818.71 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10230206 0.2500
105553.34 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230210 0.2500
294425.08 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10230212 0.2500
155855.51 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230214 0.2500
117391.17 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230216 0.2500
251760.89 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10230218 0.2500
299701.34 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10230224 0.2500
311711.02 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230226 0.2500
83639.41 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10230242 0.2500
348713.92 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10230258 0.2500
278154.37 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10230262 0.2500
339692.09 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10230266 0.2500
359308.75 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10230268 0.2500
359308.75 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10230282 0.2500
147875.66 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10230284 0.2500
82657.18 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10230294 0.2500
214805.63 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10230300 0.2500
135086.41 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10230310 0.2500
130878.67 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10230358 0.2500
81000.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10231877 0.2500
183600.68 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10232281 0.2500
217852.44 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10232400 0.2500
799276.79 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10232475 0.2500
327460.71 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10232992 0.2500
259776.14 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10233022 0.2500
87918.49 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10233024 0.2500
215804.73 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10233093 0.2500
87081.42 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10236641 0.2500
238098.11 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10237305 0.2500
80667.35 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10238318 0.2500
280000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10239988 0.2500
259600.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10240000 0.2500
313950.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10240312 0.2500
512000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10242902 0.2500
47900.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10242922 0.2500
179200.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10245206 0.2500
452000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10245406 0.2500
286000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10247075 0.2500
59769.41 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10247348 0.2500
649950.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10247589 0.2500
75760.56 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10248625 0.2500
115654.35 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10249259 0.2500
150057.37 0.0800
6.6900 0.0000
6.4400 0.0000
6.3600
6.0000 0.3600
10249955 0.2500
387689.72 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10250523 0.2500
82317.75 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10251506 0.2500
284000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10251512 0.2500
238500.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10251516 0.2500
416000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10251575 0.2500
179665.67 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10251725 0.2500
178912.55 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10251763 0.2500
119802.71 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10251809 0.2500
119802.71 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10251825 0.2500
60000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10251853 0.2500
127744.49 0.0800
8.5000 0.0000
8.2500 0.0000
8.1700
6.0000 2.1700
10251863 0.2500
69089.01 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10251901 0.2500
168748.38 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10253405 0.2500
76527.04 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10253699 0.2500
83777.16 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10253717 0.2500
103350.99 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10254341 0.2500
204428.70 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10255687 0.2500
150525.54 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10255695 0.2500
296546.61 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10255751 0.2500
200168.42 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10255855 0.2500
444250.16 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10257407 0.2500
176000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10257499 0.2500
219815.18 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10260279 0.2500
30726.01 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10263035 0.2500
145477.68 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10264423 0.2500
123503.58 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10264583 0.2500
184366.46 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10265939 0.2500
159851.81 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10266127 0.2500
115902.54 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10266427 0.2500
424247.97 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10266445 0.2500
164721.95 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10266459 0.2500
191692.01 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10267689 0.2500
95838.22 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10267969 0.2500
779294.87 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10268993 0.2500
183042.27 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10269415 0.2500
521030.47 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10269435 0.2500
185287.25 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10269787 0.2500
307541.39 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10269863 0.2500
174315.89 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10271423 0.2500
78740.77 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10271449 0.2500
179704.04 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10271539 0.2500
409358.37 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10271597 0.2500
172000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10271599 0.2500
127712.87 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10271747 0.2500
350378.93 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10271775 0.2500
122825.80 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10271827 0.2500
284564.93 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10272587 0.2500
330628.08 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10272649 0.2500
178690.89 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10272785 0.2500
119854.09 0.0800
8.5000 0.0000
8.2500 0.0000
8.1700
6.0000 2.1700
10272943 0.8000
168771.11 0.0800
6.8750 0.0000
6.0750 0.0000
6.0000
6.0000 0.0000
10272945 0.2500
138808.70 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10272967 0.2500
100612.78 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10272969 0.2500
122987.26 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10272971 0.2500
380897.18 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10272975 0.2500
295812.75 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10272995 0.2500
396962.21 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273007 0.2500
112154.42 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10273053 0.2500
149560.38 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273057 0.2500
278740.96 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10273091 0.2500
77284.76 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273113 0.2500
148448.55 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273123 0.2500
71009.01 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10273131 0.2500
174658.95 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273143 0.2500
63831.75 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10273145 0.2500
96609.51 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10273167 0.2500
53230.04 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10273177 0.2500
134972.17 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273185 0.2500
102107.37 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273187 0.2500
339351.26 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10273191 0.2500
95853.33 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10273197 0.2500
113417.38 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273201 0.2500
187533.61 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273221 0.2500
122438.20 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273225 0.2500
150841.41 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10273241 0.2500
96832.51 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273251 0.2500
110168.93 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10273253 0.2500
543190.02 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273279 0.2500
61668.95 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10273295 0.2500
89929.79 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10273299 0.2500
181827.31 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273303 0.2500
89600.88 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273321 0.2500
41223.69 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10273327 0.2500
64011.84 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273331 0.2500
119573.01 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273333 0.2500
175710.64 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10273341 0.2500
80825.16 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273345 0.2500
179696.69 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273351 0.2500
129760.70 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273353 0.2500
99120.67 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273357 0.2500
132473.50 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10273363 0.9200
120820.68 0.0800
8.3750 0.0000
7.4550 0.0000
7.3750
6.0000 1.3750
10273365 0.2500
110044.31 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273367 0.2500
44310.93 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273387 0.2500
175553.88 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273389 0.2500
244115.52 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10273395 1.0500
64455.28 0.0800
7.5000 0.0000
6.4500 0.0000
6.3700
6.0000 0.3700
10273401 0.2500
183547.92 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10273411 0.2500
136506.81 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10273427 0.2500
281958.07 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10273429 0.9900
203845.39 0.0800
8.3750 0.0000
7.3850 0.0000
7.3050
6.0000 1.3050
10273431 0.2500
94823.55 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10273443 0.2500
147747.57 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273447 0.2500
194748.76 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273449 0.2500
135776.39 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10273459 0.2500
93775.65 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10273493 0.2500
107633.95 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273497 0.2500
169734.74 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10273499 0.2500
143587.97 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273501 0.2500
199652.01 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273503 0.2500
279487.36 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273515 0.2500
127667.51 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273519 0.2500
56545.57 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273529 0.2500
357035.64 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10273537 0.2500
426847.40 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10273575 0.2500
149728.07 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273591 0.2500
97804.39 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10273593 0.2500
64903.22 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273599 0.2500
179681.50 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273613 0.2500
161130.33 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273619 0.2500
279441.13 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10273643 0.2500
116716.52 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273649 0.2500
89852.03 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10273655 0.2500
153720.82 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273663 0.2500
151731.06 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273671 0.2500
127191.64 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273675 0.2500
126810.91 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10273677 0.2500
295423.13 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273681 0.2500
167615.57 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273693 0.2500
478587.71 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273697 1.3800
292101.78 0.0800
8.0000 0.0000
6.6200 0.0000
6.5400
6.0000 0.5400
10273703 0.2500
443569.61 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10273715 1.0900
169802.88 0.0800
8.7500 0.0000
7.6600 0.0000
7.5800
6.0000 1.5800
10273731 0.2500
356198.78 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273735 0.2500
651373.26 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273741 0.2500
231609.08 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273751 0.2500
81850.31 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273761 0.2500
52717.37 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10273763 1.1600
481871.02 0.0800
9.0000 0.0000
7.8400 0.0000
7.7600
6.0000 1.7600
10273777 0.2500
55706.04 0.0800
8.5000 0.0000
8.2500 0.0000
8.1700
6.0000 2.1700
10273779 0.2500
44129.11 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10273785 0.2500
121778.83 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10273807 0.2500
63911.63 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10273809 0.2500
169343.01 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10273811 1.2900
325433.01 0.0800
8.2500 0.0000
6.9600 0.0000
6.8800
6.0000 0.8800
10273829 0.2500
369189.58 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273839 0.2500
388656.79 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10273865 0.2500
255213.15 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10273881 0.2500
123325.10 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10273893 0.2500
384067.88 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273907 0.2500
139733.64 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10273949 0.2500
69614.08 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10273967 0.2500
96810.96 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10273983 0.2500
197658.10 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10273997 0.2500
63791.17 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10274001 0.2500
99861.91 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10274003 0.2500
202631.97 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10274007 0.2500
152593.52 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10274009 0.2500
141505.22 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10274013 0.2500
199662.98 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10274015 0.2500
158139.56 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10274017 0.2500
427130.17 0.0800
10.1250 0.0000
9.8750 0.0000
9.7950
6.0000 3.7950
10274021 0.2500
120491.63 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10274029 0.2500
161389.25 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10274035 0.2500
316919.35 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10274045 0.2500
151772.39 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10274047 0.2500
211615.67 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10274051 0.2500
125802.83 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10274053 0.2500
91837.21 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10274055 0.2500
75130.35 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10274069 0.2500
76315.39 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10274071 0.2500
154897.55 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10274081 0.2500
318141.76 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10274087 0.2500
297162.08 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10274093 0.2500
126935.74 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10274095 0.2500
116481.50 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10274101 0.2500
354256.95 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10274117 0.2500
378495.71 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10274125 0.2500
192623.02 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10274129 0.2500
279467.26 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10274135 0.2500
229529.85 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10274141 0.2500
217434.41 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10274149 0.2500
404172.14 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10274165 0.6300
356653.02 0.0300
6.1250 0.0000
5.4950 0.0000
5.4650
5.4650 0.0000
10274169 0.2500
352295.42 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10274173 0.2500
433060.97 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10274181 0.2500
329002.45 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10274209 0.2500
339301.40 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10274221 0.2500
162219.40 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10274223 0.2500
139508.67 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10274225 0.2500
139508.67 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10274229 0.2500
99024.47 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10274247 0.2500
319724.49 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10274251 0.2500
160079.84 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10274257 0.2500
79942.10 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10274305 0.2500
515018.25 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10274307 0.2500
466739.53 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10274311 0.2500
270137.19 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10274323 0.2500
197056.67 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10274325 0.9900
95286.95 0.0800
8.6250 0.0000
7.6350 0.0000
7.5550
6.0000 1.5550
10274327 0.2500
139713.80 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10274331 0.2500
63911.63 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10274343 0.2500
149488.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10275267 0.2500
179829.21 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10275413 0.2500
156000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10275737 0.2500
160000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10275755 0.2500
19485.53 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10276489 0.2500
439221.45 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10277361 0.2500
175844.72 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10277393 0.2500
91000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10277551 0.2500
175872.61 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10278637 0.2500
217802.92 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10278867 0.2500
103337.21 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10279047 0.2500
79924.10 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10279319 0.2500
18526.59 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10279723 0.2500
115950.08 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10279733 0.2500
127345.53 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10279735 0.2500
306016.31 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10279745 0.2500
158659.89 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10279751 0.2500
193071.01 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10279753 0.2500
363313.19 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10279771 0.2500
674278.38 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10279777 0.2500
499525.58 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10279783 0.2500
315947.71 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10279789 0.2500
344730.87 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10279793 0.2500
310091.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10279803 0.2500
619397.40 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279805 0.2500
222276.47 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10279819 0.2500
346258.86 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10279821 0.2500
119844.17 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10279825 0.2500
377723.60 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10279831 0.2500
289704.33 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10279835 0.2500
370488.33 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10279837 0.2500
386941.28 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10279839 0.2500
449901.67 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10279845 0.2500
295207.82 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10279851 0.2500
421929.55 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10279865 0.2500
490322.97 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279867 0.2500
603412.95 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279879 0.2500
362863.60 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10279889 0.2500
417184.28 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10279895 0.2500
100869.27 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10279897 0.2500
100869.27 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10279901 0.2500
597418.78 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279911 0.2500
147349.62 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10279933 0.2500
193728.93 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10279939 0.2500
117485.70 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279945 0.2500
240167.11 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10279947 0.2500
88364.03 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279949 0.2500
391784.98 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10279951 0.2500
219679.20 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10279955 0.2500
87222.98 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10279967 0.2500
362780.56 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10279983 0.2500
87868.54 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10280015 0.2500
414151.71 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10280157 0.2500
90923.54 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10280211 0.2500
389647.43 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10280273 0.2500
269749.93 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10280447 0.2500
113408.58 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10280451 0.2500
240980.63 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10280475 0.2500
159169.42 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10280483 0.2500
399620.46 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10280751 0.2500
184000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10280753 0.2500
184659.38 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10280971 0.2500
260081.31 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10280999 0.2500
279770.48 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10281101 0.2500
92634.58 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10281529 0.2500
183641.42 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10281545 0.2500
252515.90 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10282209 0.2500
105925.18 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10282479 0.2500
262024.07 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10282595 0.2500
113431.44 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10282597 0.2500
74930.54 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10283629 0.2500
96716.66 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10284771 0.2500
439112.24 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10284793 0.2500
63954.83 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10285011 0.2500
202329.88 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10285053 0.2500
110000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10285195 0.2500
194000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10285211 0.2500
183843.56 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10285350 0.2500
336250.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10285671 0.2500
175106.35 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10285697 0.2500
382362.35 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10285711 0.2500
424516.74 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10285713 0.2500
290705.57 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10285727 0.2500
127029.36 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10285731 0.2500
536390.57 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10285737 0.2500
334295.43 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10285767 0.2500
248935.50 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10285773 0.2500
747500.02 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10285787 0.2500
357218.84 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10285813 0.2500
382645.27 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10285827 0.2500
355993.23 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10285839 0.2500
235820.57 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10285857 0.2500
718650.84 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10285861 0.2500
279334.70 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10285887 0.2500
663434.96 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10285891 0.2500
115093.30 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10285893 0.2500
487539.97 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10286077 0.2500
228766.52 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10286239 0.2500
76348.64 0.0800
7.9900 0.0000
7.7400 0.0000
7.6600
6.0000 1.6600
10286275 0.2500
211830.47 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10286277 0.2500
74936.99 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10286333 0.2500
259864.87 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10286799 0.2500
76434.13 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10286809 0.2500
57160.64 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10286821 0.2500
70951.14 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10286845 0.2500
125917.57 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10286995 0.2500
87929.63 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10287009 0.2500
50362.60 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10287155 0.2500
306948.19 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10287185 0.2500
350050.18 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10287269 0.2500
103922.82 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10287281 0.2500
88728.99 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10287333 0.2500
119097.37 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10287385 0.2500
113315.84 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10287477 0.2500
92554.81 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10287857 0.2500
108006.93 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10287871 0.2500
110313.88 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10287897 0.2500
89933.21 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10288435 0.2500
114317.20 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10288509 0.2500
74936.99 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10288705 0.2500
92729.38 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10288853 0.2500
327664.19 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10288967 0.2500
51948.23 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10289013 0.2500
86323.48 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10289033 0.2500
104414.34 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10289035 0.2500
104414.34 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10289037 0.2500
104414.34 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10289039 0.2500
104414.34 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10289041 0.2500
104414.34 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10289055 0.2500
76800.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10289059 0.2500
206842.49 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10289085 0.2500
103119.49 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10289105 0.2500
98330.55 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10289115 0.2500
54412.53 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10289409 0.2500
751970.93 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10289463 0.2500
746563.71 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10289467 0.2500
724000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10289469 0.2500
494400.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10289473 0.2500
539868.05 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10289475 0.2500
647200.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10289481 0.2500
496000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10289493 0.2500
646517.48 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10289495 0.2500
528848.58 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10289503 0.2500
659860.09 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10290053 0.2500
249784.75 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10290451 0.2500
91910.58 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10292643 0.2500
239698.46 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10292653 0.2500
53000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10292685 0.2500
90830.84 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10292739 0.2500
76475.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10292743 0.2500
95334.34 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10292745 0.2500
335756.81 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10292777 0.2500
28030.21 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10292877 0.2500
67949.53 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10292935 0.2500
171312.89 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10292951 0.2500
79131.81 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10292961 0.2500
111842.98 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10292975 0.2500
310974.77 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10293373 0.2500
197983.53 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10293383 0.2500
77472.80 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10293417 0.2500
78678.81 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10293681 0.2500
95848.81 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10293831 0.2500
303738.26 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10295051 0.2500
276800.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10295153 0.2500
68748.94 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10295185 0.2500
151878.45 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10295269 0.2500
196957.35 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10295337 0.2500
171865.83 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10295441 0.2500
117000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10295497 0.2500
211200.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10297137 0.2500
78678.81 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10297177 0.2500
118154.93 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10297365 0.2500
480000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10297419 0.2500
329722.76 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10297445 0.2500
131880.67 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10297473 0.2500
649017.98 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10297525 0.2500
189832.36 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10297711 0.2500
45000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10297801 0.2500
105521.63 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10297829 0.2500
138483.56 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10297891 0.2500
281132.99 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10298043 0.2500
73543.99 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10298055 0.2500
157388.84 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10298061 0.2500
259701.64 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10298279 0.2500
419481.52 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10303117 0.2500
344088.65 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10303345 0.2500
90729.16 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10303347 0.2500
61823.02 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10303407 0.2500
285741.46 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10303689 0.2500
78300.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10303719 0.2500
89929.79 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10303723 0.2500
57600.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10303729 0.2500
55200.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10303741 0.2500
39750.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10303803 0.2500
79940.63 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10303845 0.2500
57000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10303901 0.2500
250000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10303989 0.2500
207000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10304369 0.2500
298100.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10304727 0.2500
598830.68 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10304729 0.2500
598830.68 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10304733 0.2500
506534.41 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304763 0.2500
190900.78 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10304771 0.2500
418080.88 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10304773 0.2500
428933.79 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304797 0.2500
249501.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10304799 0.2500
399201.59 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10304805 0.2500
265456.25 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10304819 0.2500
66387.94 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304821 0.2500
268300.74 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10304831 0.2500
93566.04 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304835 0.2500
646207.60 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10304839 0.2500
158103.42 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10304841 0.2500
648763.28 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304851 0.2500
358997.96 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10304853 0.2500
158580.65 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304865 0.2500
549073.21 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304867 0.2500
107818.02 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304869 0.2500
142137.91 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10304871 0.2500
199610.21 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10304875 0.2500
583886.95 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304881 0.2500
331821.84 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304885 0.2500
95803.27 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304897 0.2500
497201.15 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10304899 0.2500
259078.01 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10304907 0.2500
353388.71 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10304911 0.2500
267796.07 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10304915 0.2500
475027.02 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10304919 0.2500
77858.80 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10304939 0.2500
748573.03 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304943 0.2500
156728.89 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10304945 0.2500
315396.56 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10304951 0.2500
399325.97 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304955 0.2500
69941.18 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10304959 0.2500
269473.82 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10304965 0.2500
315398.76 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10304967 0.2500
139486.26 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10304969 0.2500
191599.69 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10304981 0.2500
319688.97 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10304993 0.2500
299386.76 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10304995 0.2500
349395.60 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10304997 0.2500
117091.45 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10305001 0.2500
649412.38 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10305005 0.2500
117482.92 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10305019 0.2500
579449.67 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10305027 0.2500
185423.90 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10305039 0.2500
150182.75 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10305041 0.2500
121397.92 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10305049 0.2500
224000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10305113 0.2500
359650.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10305717 0.2500
83760.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10305733 0.2500
56000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10305859 0.2500
267920.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10305891 0.2500
67448.63 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10305901 0.2500
50400.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10305903 0.2500
50400.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10305905 0.2500
50400.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10306081 0.2500
120000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10306083 0.2500
511800.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10306211 0.2500
375796.60 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10306213 0.2500
356000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10306219 0.2500
514474.93 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10306223 0.2500
520000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10306227 0.2500
399950.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10306229 0.2500
352000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10306231 0.2500
650000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10306235 0.2500
288000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10306237 0.2500
302900.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10306239 0.2500
391645.62 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10306241 0.2500
1120000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10306247 0.2500
184000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10306253 0.2500
300000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10307585 0.2500
391654.15 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10307603 0.2500
167862.29 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10307683 0.2500
260963.87 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10307821 0.2500
61000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10307863 0.2500
154882.05 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10307871 0.2500
58500.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10307881 0.2500
148500.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10307907 0.2500
264000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10308101 0.2500
200000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10308179 0.2500
50000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10308205 0.2500
118750.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10308229 0.2500
59552.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10308245 0.2500
75144.19 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10309001 0.2500
308000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10309175 0.2500
94014.93 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10309237 0.2500
59955.47 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10309269 0.2500
486177.01 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10309475 0.2500
112618.43 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10309511 0.2500
389638.79 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10309575 0.2500
94839.90 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10309583 0.2500
159688.16 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10309595 0.2500
314783.22 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10310057 0.2500
567486.52 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10310183 0.2500
471562.83 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10310185 0.2500
559468.65 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10310239 0.2500
454578.58 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10310241 0.2500
513024.39 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10310289 0.2500
356000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10310295 0.2500
53600.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10310349 0.2500
84000.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10310371 0.2500
162000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10310379 0.2500
383742.34 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10310391 0.2500
239200.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10310515 0.2500
65600.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10310551 0.2500
60000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10310565 0.2500
62100.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10310567 0.2500
335000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10310605 0.2500
75600.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10310611 0.2500
412000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10310621 0.2500
72000.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10310625 0.2500
68000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10310753 0.2500
259776.14 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10311015 0.2500
222050.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10311027 0.2500
127500.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10311049 0.2500
326711.49 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10311069 0.2500
295738.85 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10311091 0.2500
87927.86 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10311129 0.2500
302726.08 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10311147 0.2500
188602.92 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311155 0.2500
649412.39 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10311165 0.2500
399680.12 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10311285 0.2500
237024.89 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311427 0.2500
524400.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10311435 0.2500
430400.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10311437 0.2500
430500.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10311439 0.2500
460800.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10311445 0.2500
290000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10311447 0.2500
252210.67 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10311457 0.2500
619411.72 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311459 0.2500
510000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10311463 0.2500
584353.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311485 0.2500
420000.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10311493 0.2500
598400.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311509 0.2500
524000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10311517 0.2500
455000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10311521 0.2500
505000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311523 0.2500
435000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10311555 0.2500
600000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311557 0.2500
460000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10311591 0.2500
528000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10311623 0.2500
525000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10312937 0.2500
77472.80 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10313815 0.2500
81600.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10314111 0.2500
63000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10314163 0.2500
340000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10314171 0.2500
231200.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10314205 0.2500
359000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10314223 0.2500
269000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10314253 0.2500
54999.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10314365 0.2500
55800.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10314371 0.2500
327848.44 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10314401 0.2500
84720.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10314425 0.2500
133600.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10314429 0.2500
386000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10314435 0.2500
100000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10314449 0.2500
175200.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10314451 0.2500
63268.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10314463 0.2500
136000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10314689 0.2500
488000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10314693 0.2500
414045.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10314721 0.2500
319200.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10314731 0.2500
559000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10314733 0.2500
199831.97 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10314745 0.2500
163529.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10314795 0.2500
527920.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10314797 0.2500
256000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10314813 0.2500
1000000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10314837 0.2500
705000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10314841 0.2500
271771.48 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10314843 0.2500
178849.61 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10315345 0.2500
239812.78 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10315351 0.2500
274301.33 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10315353 0.2500
109909.84 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10315357 0.2500
167898.23 0.0800
8.5000 0.0000
8.2500 0.0000
8.1700
6.0000 2.1700
10315363 0.2500
99905.11 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10315365 0.2500
408514.83 0.0800
8.7500 0.0000
8.5000 0.0000
8.4200
6.0000 2.4200
10315373 0.2500
127279.84 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10315375 0.2500
167855.36 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10315377 0.2500
49959.02 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10315383 0.2500
141565.55 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10315385 0.2500
106920.59 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10315395 0.2500
121920.19 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10315407 0.2500
195750.94 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10315413 0.2500
142105.49 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10315419 0.2500
240634.28 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10315425 0.2500
84833.77 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10315427 0.2500
74952.18 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10315429 0.2500
56467.49 0.0800
8.7500 0.0000
8.5000 0.0000
8.4200
6.0000 2.4200
10315431 0.2500
100882.30 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10315451 0.2500
265482.21 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10315769 0.2500
51000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10315837 0.2500
999920.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10316149 0.2500
332800.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10316213 0.2500
202349.72 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10316341 0.2500
62400.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10316417 0.2500
332000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10316421 0.2500
56800.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10316451 0.2500
252000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10316541 0.2500
270100.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10316555 0.2500
58500.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10316557 0.2500
415000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10316641 0.2500
192000.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10316643 0.2500
170560.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10316729 0.2500
485000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10317047 0.2500
472150.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10317255 0.2500
152866.29 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10317423 0.2500
231005.76 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10317539 0.2500
317200.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10317613 0.2500
168000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10317781 0.2500
279200.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10317795 0.2500
239900.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10317817 0.2500
215800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10317881 0.2500
169600.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10317929 0.2500
50000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10317979 0.2500
143000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10317983 0.2500
267000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10317989 0.2500
228000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10318007 0.2500
400000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10318009 0.2500
172000.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10318045 0.2500
61200.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10318065 0.2500
117120.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10318501 0.2500
94308.25 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10318531 0.2500
132294.12 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10318939 0.2500
273240.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10319395 0.2500
156750.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10319417 0.2500
78000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10319421 0.2500
175200.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10319549 0.2500
340000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10319681 0.2500
88000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10319705 0.2500
77800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10319707 0.2500
77800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10319709 0.2500
77800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10319711 0.2500
77800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10319715 0.2500
130400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10319717 0.2500
61100.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10319725 0.2500
249345.45 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10319783 0.2500
55800.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10319807 0.2500
200000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10319817 0.2500
52715.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10319835 0.2500
47750.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10319861 0.2500
509000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10319879 0.2500
213500.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10319883 0.2500
74000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10319893 0.2500
48750.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10320059 0.2500
78400.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10320077 0.2500
501600.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10320101 0.2500
197600.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10320187 0.2500
174400.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10320205 0.2500
75001.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10320207 0.2500
75001.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10320483 0.2500
78800.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10320609 0.2500
410628.45 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10321245 0.2500
590818.37 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10323473 0.2500
76000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10323515 0.2500
52500.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10323529 0.2500
468000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10323587 0.2500
96000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10323611 0.2500
125820.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10323617 0.2500
307000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10323627 0.2500
300000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10323651 0.2500
184250.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10323713 0.2500
47250.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10323731 0.2500
160000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10323755 0.2500
74250.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10323803 0.2500
67600.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10323839 0.2500
90000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10323887 0.2500
65600.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10323961 0.2500
51200.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10324007 0.2500
64000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10324021 0.2500
74250.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10324045 0.2500
168869.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10324083 0.2500
54800.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10324087 0.2500
129600.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10324597 0.2500
396000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10324613 0.2500
360000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10325669 0.2500
336000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10326173 0.2500
329387.09 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10326205 0.2500
48750.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10326219 0.2500
75001.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10326271 0.2500
352750.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10326329 0.2500
81600.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10326343 0.2500
49900.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10326369 0.2500
237600.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10326423 0.2500
97000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10326469 0.2500
33154.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10326485 0.2500
448000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10326511 0.2500
69000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10326519 0.2500
63180.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10327083 0.2500
425000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327103 0.2500
502400.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327169 0.2500
638400.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10327171 0.2500
434000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10327177 0.2500
480000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10327179 0.2500
560000.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10327181 0.2500
640000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327187 0.2500
850000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327189 0.2500
449240.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10327199 0.2500
479522.16 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10327201 0.2500
483000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10327211 0.2500
530000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327213 0.2500
514712.05 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10327215 0.2500
525000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10327217 0.2500
693750.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327219 0.2500
577200.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10327221 0.2500
460000.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10327223 0.2500
456000.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10327225 0.2500
476000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327227 0.2500
904500.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10327231 0.2500
540000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10327239 0.2500
583200.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327249 0.2500
618349.40 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10327251 0.2500
521250.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10327253 0.2500
577500.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10327257 0.2500
540000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10327265 0.2500
424000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10327279 0.2500
612500.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327285 0.2500
441000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327287 0.2500
432000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10327307 0.2500
640000.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10327311 0.2500
516250.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10327315 0.2500
938295.85 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327317 0.2500
917000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327319 0.2500
864000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10327323 0.2500
773525.47 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10327331 0.2500
483000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327333 0.2500
782491.97 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327347 0.2500
435000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327371 0.2500
607500.00 0.0800
8.3750 0.0000
8.1250 0.0000
8.0450
6.0000 2.0450
10327375 0.2500
980000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327379 0.2500
630000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10327381 0.2500
444500.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10327389 0.2500
910000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327405 0.2500
518000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10327407 0.2500
860683.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10327411 0.2500
419300.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10327417 0.2500
430400.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10327419 0.2500
444000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10327427 0.2500
420750.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10327429 0.2500
511000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327431 0.2500
870000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10327437 0.2500
608930.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10327443 0.2500
518000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10327447 0.2500
460000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10327449 0.2500
875000.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10327451 0.2500
519200.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10327457 0.2500
536720.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327465 0.2500
700732.00 0.0800
8.2500 0.0000
8.0000 0.0000
7.9200
6.0000 1.9200
10327467 0.2500
461300.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10327483 0.2500
538849.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10327487 0.2500
536100.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10327489 0.2500
456850.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10327491 0.2500
479066.52 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327499 0.2500
665000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10327501 0.2500
630000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10327505 0.2500
515400.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329113 0.2500
66000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329123 0.2500
72000.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10329185 0.2500
480000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10329195 0.2500
68000.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10329215 0.2500
140371.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10329265 0.2500
75920.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329273 0.2500
252000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329275 0.2500
234000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10329297 0.2500
232425.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10329321 0.2500
250000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10329345 0.2500
175000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10329397 0.2500
258700.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10329437 0.2500
650000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10329443 0.2500
72900.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329459 0.2500
287000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10329523 0.2500
198400.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10329573 0.2500
113508.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10329581 0.2500
76000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10329617 0.2500
250000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329631 0.2500
73600.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10329983 0.2500
213000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10329993 0.2500
320500.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10329995 0.2500
89000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10330031 0.2500
76400.00 0.0800
6.8500 0.0000
6.6000 0.0000
6.5200
6.0000 0.5200
10330173 0.2500
136000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10332085 0.2500
188405.17 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10332087 0.2500
533381.22 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10332091 0.2500
173644.32 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332093 0.2500
377000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332097 0.2500
168000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10332099 0.2500
359000.00 0.0300
6.0000 0.0000
5.7500 0.0000
5.7200
5.7200 0.0000
10332103 0.2500
224000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10332105 0.2500
199591.18 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332109 0.2500
92874.71 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10332113 0.2500
160000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332123 0.2500
910000.00 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332129 0.2500
130700.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10332133 0.2500
271929.62 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10332137 0.2500
252000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10332149 0.2500
196499.58 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10332151 0.2500
606727.38 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
10332157 0.2500
163716.81 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10332165 0.2500
600000.00 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10332167 0.2500
310907.34 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10332169 0.2500
523926.86 0.0300
5.8750 0.0000
5.6250 0.0000
5.5950
5.5950 0.0000
10332181 0.2500
210000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10332189 0.2500
153619.08 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10332195 0.2500
367211.32 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
10332199 0.2500
524000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10332201 0.2500
397352.54 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10332209 0.2500
109705.46 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10332211 0.2500
296000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10332221 0.2500
186070.18 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10332227 0.2500
164857.94 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10332243 0.2500
306683.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10332249 0.2500
616928.07 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10332257 0.2500
71933.31 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10332259 0.2500
422000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10332263 0.2500
248000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10332265 0.2500
259374.03 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10332285 0.2500
438750.00 0.0800
6.9900 0.0000
6.7400 0.0000
6.6600
6.0000 0.6600
10332293 0.2500
59947.06 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10332513 0.2500
65650.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10332571 0.2500
37500.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10332665 0.2500
480000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10332719 0.2500
73800.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10332721 0.2500
150000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10332749 0.2500
150000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
6.0000 0.0450
10332769 0.2500
59500.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10332823 0.2500
188000.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10332867 0.2500
200650.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10332873 0.2500
484822.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10332909 0.2500
89200.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10332929 0.2500
50400.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10332931 0.2500
69300.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10332951 0.2500
80000.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10333149 0.2500
180500.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10333153 0.2500
79900.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10333183 0.2500
283000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10333217 0.2500
73000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10333441 0.2500
650000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10334175 0.2500
160000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10334595 0.2500
288500.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10334633 0.2500
105520.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10334651 0.2500
325000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10334663 0.2500
57668.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10334673 0.2500
400000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10334753 0.2500
113000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10334781 0.2500
240000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10334799 0.2500
65600.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10334829 0.2500
53250.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10334835 0.2500
60300.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10334841 0.2500
750000.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10335085 0.2500
74400.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10335329 0.2500
74550.00 0.0800
7.8750 0.0000
7.6250 0.0000
7.5450
6.0000 1.5450
10335335 0.2500
121000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10335357 0.2500
81200.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10335467 0.2500
324000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10335517 0.2500
193300.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10335711 0.2500
243725.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10335731 0.2500
317000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10335737 0.2500
143968.88 0.0300
6.1250 0.0000
5.8750 0.0000
5.8450
5.8450 0.0000
10335907 0.2500
276300.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10337113 0.2500
226500.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10337115 0.2500
96400.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10337421 0.2500
76500.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10337439 0.2500
197000.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10337487 0.2500
50240.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10337561 0.2500
73600.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10337667 0.2500
209758.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10337743 0.2500
320000.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10337793 0.2500
84000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10337823 0.2500
236000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10338539 0.2500
150000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10338963 0.2500
76000.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10340809 0.2500
145000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10340829 0.2500
535000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10340917 0.2500
182400.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10340937 0.2500
100000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10341075 0.2500
333900.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10341077 0.2500
60400.00 0.0800
8.1250 0.0000
7.8750 0.0000
7.7950
6.0000 1.7950
10341109 0.2500
75853.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10344081 0.2500
67050.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344191 0.2500
292800.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10344215 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344219 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344223 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344225 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344231 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344241 0.2500
50400.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344321 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344363 0.2500
70125.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10344417 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344423 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344437 0.2500
76700.00 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10344459 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344461 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344463 0.2500
59600.00 0.0800
8.0000 0.0000
7.7500 0.0000
7.6700
6.0000 1.6700
10344475 0.2500
72600.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10344507 0.2500
81600.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10344513 0.2500
148500.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10344531 0.2500
148500.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10344545 0.2500
148500.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10344559 0.2500
285000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
6.0000 0.1700
10345237 0.2500
75100.00 0.0800
6.8750 0.0000
6.6250 0.0000
6.5450
6.0000 0.5450
10348217 0.2500
124720.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10348433 0.2500
61325.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
10348501 0.2500
180025.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10348513 0.2500
200000.00 0.0800
7.0000 0.0000
6.7500 0.0000
6.6700
6.0000 0.6700
10348595 0.2500
68000.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10349515 0.2500
84500.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10349523 0.2500
79200.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10349837 0.2500
138550.00 0.0800
7.6250 0.0000
7.3750 0.0000
7.2950
6.0000 1.2950
10350369 0.2500
238000.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10350403 0.2500
55300.00 0.0800
7.2500 0.0000
7.0000 0.0000
6.9200
6.0000 0.9200
10350483 0.2500
55000.00 0.0800
7.3750 0.0000
7.1250 0.0000
7.0450
6.0000 1.0450
10353021 0.2500
605600.00 0.0300
6.2500 0.0000
6.0000 0.0000
5.9700
5.9700 0.0000
10353507 0.2500
319437.66 0.0800
7.5000 0.0000
7.2500 0.0000
7.1700
6.0000 1.1700
10354997 0.2500
85700.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10355015 0.2500
138050.00 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
6.0000 0.4200
10355315 0.2500
135200.00 0.0800
7.1250 0.0000
6.8750 0.0000
6.7950
6.0000 0.7950
10366399 0.2500
79800.00 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
6.0000 0.2950
10366863 0.2500
56250.00 0.0800
7.7500 0.0000
7.5000 0.0000
7.4200
6.0000 1.4200
Total Number of Loans: 1,399
Total Original Balance: 324,365,230.96
Total Principal Balance: 323,843,583.63
Total Original P+I: 2,037,392.61
Total Current P+I: 2,037,392.60
EXHIBIT TWO
SCHEDULE OF DISCOUNT FRACTIONS
Loan Number Current Balance Net Mortgage Rate Discount Fraction XX Xxxxxxx
0000000 "$359,650.00 " 0.0597 0.005 "$1,798.25 "
9916811 "$245,000.00 " 0.0597 0.005 "$1,225.00 "
9979923 "$214,407.77 " 0.0522 0.13 "$27,873.01 "
9984603 "$430,000.00 " 0.05595 0.0675 "$29,025.00 "
10051590 "$259,238.00 " 0.05845 0.025833333 "$6,696.98 "
10066569 "$231,331.07 " 0.0572 0.046666667 "$10,795.45 "
10068581 "$118,871.58 " 0.05719 0.046833333 "$5,567.15 "
10068647 "$139,998.69 " 0.0597 0.005 $699.99
10068659 "$496,800.00 " 0.05845 0.025833333 "$12,834.00 "
10073169 "$217,288.42 " 0.05845 0.025833333 "$5,613.28 "
10079359 "$113,310.48 " 0.0572 0.046666667 "$5,287.82 "
10127696 "$282,461.56 " 0.0597 0.005 "$1,412.31 "
10127710 "$132,228.96 " 0.05845 0.025833333 "$3,415.91 "
10127722 "$194,137.07 " 0.0547 0.088333333 "$17,148.77 "
10127744 "$93,724.50 " 0.05845 0.025833333 "$2,421.22 "
10127760 "$139,720.43 " 0.0572 0.046666667 "$6,520.29 "
10127766 "$105,057.19 " 0.05845 0.025833333 "$2,713.98 "
10127800 "$423,193.27 " 0.0597 0.005 "$2,115.97 "
10127826 "$134,116.32 " 0.0597 0.005 $670.58
10127836 "$598,858.41 " 0.0597 0.005 "$2,994.29 "
10127990 "$51,102.58 " 0.0597 0.005 $255.51
10128002 "$96,323.33 " 0.0572 0.046666667 "$4,495.09 "
10128008 "$271,469.89 " 0.05845 0.025833333 "$7,012.97 "
10128014 "$447,147.61 " 0.0597 0.005 "$2,235.74 "
10128018 "$287,720.08 " 0.05845 0.025833333 "$7,432.77 "
10128052 "$311,206.76 " 0.0597 0.005 "$1,556.03 "
10128106 "$49,887.36 " 0.05845 0.025833333 "$1,288.76 "
10128114 "$144,125.25 " 0.0597 0.005 $720.63
10128124 "$98,612.02 " 0.0597 0.005 $493.06
10128128 "$64,863.93 " 0.0547 0.088333333 "$5,729.65 "
10128130 "$395,146.02 " 0.0597 0.005 "$1,975.73 "
10128132 "$594,798.70 " 0.05845 0.025833333 "$15,365.63 "
10128290 "$210,487.74 " 0.0597 0.005 "$1,052.44 "
10128358 "$138,130.27 " 0.05845 0.025833333 "$3,568.37 "
10128360 "$77,398.60 " 0.0597 0.005 $386.99
10128364 "$499,048.69 " 0.0597 0.005 "$2,495.24 "
10128374 "$137,578.45 " 0.0597 0.005 $687.89
10128404 "$39,908.10 " 0.05845 0.025833333 "$1,030.96 "
10128414 "$84,811.97 " 0.0597 0.005 $424.06
10128632 "$67,914.85 " 0.055654 0.072433333 "$4,919.30 "
10128634 "$236,619.71 " 0.056904 0.0516 "$12,209.58 "
10128656 "$122,178.42 " 0.059404 0.009933333 "$1,213.64 "
10128660 "$85,348.70 " 0.059404 0.009933333 $847.80
10128670 "$238,077.98 " 0.059404 0.009933333 "$2,364.91 "
10128678 "$184,672.64 " 0.059404 0.009933333 "$1,834.41 "
10165680 "$146,002.22 " 0.0572 0.046666667 "$6,813.44 "
10165684 "$63,778.41 " 0.0597 0.005 $318.89
10165692 "$64,667.54 " 0.05595 0.0675 "$4,365.06 "
10165694 "$284,729.57 " 0.0597 0.005 "$1,423.65 "
10165696 "$170,859.68 " 0.0597 0.005 $854.30
10165702 "$205,793.01 " 0.0572 0.046666667 "$9,603.67 "
10165706 "$124,335.87 " 0.05595 0.0675 "$8,392.67 "
10165714 "$49,904.87 " 0.0597 0.005 $249.52
10165724 "$251,519.69 " 0.0597 0.005 "$1,257.60 "
10165754 "$215,536.08 " 0.05595 0.0675 "$14,548.69 "
10165756 "$358,932.13 " 0.0572 0.046666667 "$16,750.17 "
10165776 "$107,395.26 " 0.0597 0.005 $536.98
10165786 "$294,720.09 " 0.0597 0.005 "$1,473.60 "
10165788 "$261,863.63 " 0.05595 0.0675 "$17,675.80 "
10165804 "$287,257.20 " 0.0547 0.088333333 "$25,374.39 "
10165810 "$491,498.38 " 0.05595 0.0675 "$33,176.14 "
10165822 "$287,726.73 " 0.0597 0.005 "$1,438.63 "
10170060 "$299,386.78 " 0.05595 0.0675 "$20,208.61 "
10170088 "$359,300.44 " 0.05845 0.025833333 "$9,281.93 "
10170096 "$55,843.01 " 0.05595 0.0675 "$3,769.40 "
10170110 "$162,330.33 " 0.0547 0.088333333 "$14,339.18 "
10170114 "$399,582.38 " 0.0547 0.088333333 "$35,296.44 "
10170116 "$345,671.70 " 0.0597 0.005 "$1,728.36 "
10170122 "$604,368.34 " 0.0547 0.088333333 "$53,385.87 "
10188394 "$271,960.00 " 0.0597 0.005 "$1,359.80 "
10188412 "$240,000.00 " 0.05845 0.025833333 "$6,200.00 "
10188416 "$154,587.59 " 0.0572 0.046666667 "$7,214.09 "
10188442 "$520,000.00 " 0.0572 0.046666667 "$24,266.67 "
10188446 "$449,998.75 " 0.0572 0.046666667 "$20,999.94 "
10188466 "$52,050.56 " 0.0597 0.005 $260.25
10188468 "$208,456.42 " 0.0572 0.046666667 "$9,727.97 "
10188470 "$191,129.74 " 0.05845 0.025833333 "$4,937.52 "
10188476 "$284,000.00 " 0.0572 0.046666667 "$13,253.33 "
10188482 "$275,400.00 " 0.05845 0.025833333 "$7,114.50 "
10190452 "$59,847.50 " 0.0597 0.005 $299.24
10201173 "$82,331.36 " 0.05595 0.0675 "$5,557.37 "
10223527 "$348,974.24 " 0.05845 0.025833333 "$9,015.17 "
10225729 "$191,616.76 " 0.0572 0.046666667 "$8,942.12 "
10230058 "$424,566.69 " 0.05595 0.0675 "$28,658.25 "
10230210 "$294,425.08 " 0.05845 0.025833333 "$7,605.98 "
10230216 "$251,760.89 " 0.0597 0.005 "$1,258.80 "
10230218 "$299,701.34 " 0.0572 0.046666667 "$13,986.06 "
10230266 "$359,308.75 " 0.0597 0.005 "$1,796.54 "
10230268 "$359,308.75 " 0.0597 0.005 "$1,796.54 "
10231877 "$183,600.68 " 0.0597 0.005 $918.00
10242902 "$47,900.00 " 0.05845 0.025833333 "$1,237.42 "
10247589 "$75,760.56 " 0.0597 0.005 $378.80
10248625 "$115,654.35 " 0.0597 0.005 $578.27
10253717 "$103,350.99 " 0.0597 0.005 $516.76
10255751 "$200,168.42 " 0.0597 0.005 "$1,000.84 "
10257407 "$176,000.00 " 0.0597 0.005 $880.00
10272971 "$380,897.18 " 0.05595 0.0675 "$25,710.56 "
10273053 "$149,560.38 " 0.05845 0.025833333 "$3,863.64 "
10273131 "$174,658.95 " 0.05845 0.025833333 "$4,512.02 "
10273251 "$110,168.93 " 0.0547 0.088333333 "$9,731.59 "
10273299 "$181,827.31 " 0.0597 0.005 $909.14
10273327 "$64,011.84 " 0.05845 0.025833333 "$1,653.64 "
10273401 "$183,547.92 " 0.0572 0.046666667 "$8,565.57 "
10273411 "$136,506.81 " 0.05345 0.109166667 "$14,901.99 "
10273447 "$194,748.76 " 0.0597 0.005 $973.74
10273499 "$143,587.97 " 0.0597 0.005 $717.94
10273591 "$97,804.39 " 0.0572 0.046666667 "$4,564.20 "
10273619 "$279,441.13 " 0.0572 0.046666667 "$13,040.59 "
10273643 "$116,716.52 " 0.0597 0.005 $583.58
10273671 "$127,191.64 " 0.05845 0.025833333 "$3,285.78 "
10273677 "$295,423.13 " 0.05845 0.025833333 "$7,631.76 "
10273693 "$478,587.71 " 0.0597 0.005 "$2,392.94 "
10273703 "$443,569.61 " 0.0547 0.088333333 "$39,181.98 "
10273865 "$255,213.15 " 0.05595 0.0675 "$17,226.89 "
10273893 "$384,067.88 " 0.0597 0.005 "$1,920.34 "
10273907 "$139,733.64 " 0.0597 0.005 $698.67
10273967 "$96,810.96 " 0.05845 0.025833333 "$2,500.95 "
10274035 "$316,919.35 " 0.05345 0.109166667 "$34,597.03 "
10274071 "$154,897.55 " 0.05845 0.025833333 "$4,001.52 "
10274081 "$318,141.76 " 0.05595 0.0675 "$21,474.57 "
10274093 "$126,935.74 " 0.0597 0.005 $634.68
10274101 "$354,256.95 " 0.0547 0.088333333 "$31,292.70 "
10274129 "$279,467.26 " 0.0597 0.005 "$1,397.34 "
10274135 "$229,529.85 " 0.05595 0.0675 "$15,493.26 "
10274141 "$217,434.41 " 0.0547 0.088333333 "$19,206.71 "
10274149 "$404,172.14 " 0.05595 0.0675 "$27,281.62 "
10274165 "$356,653.02 " 0.05465 0.089166667 "$31,801.56 "
10274169 "$352,295.42 " 0.0572 0.046666667 "$16,440.45 "
10274173 "$433,060.97 " 0.05595 0.0675 "$29,231.62 "
10274251 "$160,079.84 " 0.0572 0.046666667 "$7,470.39 "
10274305 "$515,018.25 " 0.0597 0.005 "$2,575.09 "
10274307 "$466,739.53 " 0.05595 0.0675 "$31,504.92 "
10274311 "$270,137.19 " 0.05845 0.025833333 "$6,978.54 "
10274323 "$197,056.67 " 0.0547 0.088333333 "$17,406.67 "
10275267 "$179,829.21 " 0.0597 0.005 $899.15
10279047 "$79,924.10 " 0.0597 0.005 $399.62
10279771 "$674,278.38 " 0.05345 0.109166667 "$73,608.72 "
10279777 "$499,525.58 " 0.0597 0.005 "$2,497.63 "
10279783 "$315,947.71 " 0.0597 0.005 "$1,579.74 "
10279793 "$310,091.00 " 0.0572 0.046666667 "$14,470.91 "
10279803 "$619,397.40 " 0.05845 0.025833333 "$16,001.10 "
10279825 "$377,723.60 " 0.0572 0.046666667 "$17,627.10 "
10279831 "$289,704.33 " 0.05595 0.0675 "$19,555.04 "
10279839 "$449,901.67 " 0.0572 0.046666667 "$20,995.41 "
10279851 "$421,929.55 " 0.0572 0.046666667 "$19,690.05 "
10279865 "$490,322.97 " 0.05845 0.025833333 "$12,666.68 "
10279867 "$603,412.95 " 0.05845 0.025833333 "$15,588.17 "
10279889 "$417,184.28 " 0.0572 0.046666667 "$19,468.60 "
10279901 "$597,418.78 " 0.05845 0.025833333 "$15,433.32 "
10279911 "$147,349.62 " 0.05595 0.0675 "$9,946.10 "
10279939 "$117,485.70 " 0.05845 0.025833333 "$3,035.05 "
10279947 "$88,364.03 " 0.05845 0.025833333 "$2,282.74 "
10279949 "$391,784.98 " 0.05845 0.025833333 "$10,121.11 "
10280015 "$414,151.71 " 0.05595 0.0675 "$27,955.24 "
10280451 "$240,980.63 " 0.0597 0.005 "$1,204.90 "
10280483 "$399,620.46 " 0.0597 0.005 "$1,998.10 "
10281529 "$183,641.42 " 0.05845 0.025833333 "$4,744.07 "
10285711 "$424,516.74 " 0.05595 0.0675 "$28,654.88 "
10285727 "$127,029.36 " 0.0597 0.005 $635.15
10285731 "$536,390.57 " 0.0597 0.005 "$2,681.95 "
10285773 "$747,500.02 " 0.05345 0.109166667 "$81,602.09 "
10285839 "$235,820.57 " 0.05845 0.025833333 "$6,092.03 "
10285857 "$718,650.84 " 0.05845 0.025833333 "$18,565.15 "
10285861 "$279,334.70 " 0.0597 0.005 "$1,396.67 "
10285893 "$487,539.97 " 0.0597 0.005 "$2,437.70 "
10286077 "$228,766.52 " 0.05595 0.0675 "$15,441.74 "
10287185 "$350,050.18 " 0.0572 0.046666667 "$16,335.68 "
10288967 "$51,948.23 " 0.0572 0.046666667 "$2,424.25 "
10289409 "$751,970.93 " 0.0572 0.046666667 "$35,091.98 "
10289463 "$746,563.71 " 0.05845 0.025833333 "$19,286.23 "
10289493 "$646,517.48 " 0.0597 0.005 "$3,232.59 "
10289495 "$528,848.58 " 0.05595 0.0675 "$35,697.28 "
10290451 "$91,910.58 " 0.05845 0.025833333 "$2,374.36 "
10293383 "$77,472.80 " 0.0572 0.046666667 "$3,615.40 "
10297891 "$281,132.99 " 0.0597 0.005 "$1,405.67 "
10304727 "$598,830.68 " 0.05845 0.025833333 "$15,469.79 "
10304729 "$598,830.68 " 0.05845 0.025833333 "$15,469.79 "
10304733 "$506,534.41 " 0.0597 0.005 "$2,532.67 "
10304773 "$428,933.79 " 0.0597 0.005 "$2,144.67 "
10304797 "$249,501.00 " 0.0572 0.046666667 "$11,643.38 "
10304799 "$399,201.59 " 0.0572 0.046666667 "$18,629.41 "
10304805 "$265,456.25 " 0.05595 0.0675 "$17,918.30 "
10304831 "$93,566.04 " 0.0597 0.005 $467.83
10304835 "$646,207.60 " 0.0572 0.046666667 "$30,156.35 "
10304841 "$648,763.28 " 0.0597 0.005 "$3,243.82 "
10304871 "$199,610.21 " 0.05845 0.025833333 "$5,156.60 "
10304875 "$583,886.95 " 0.0597 0.005 "$2,919.43 "
10304881 "$331,821.84 " 0.0597 0.005 "$1,659.11 "
10304885 "$95,803.27 " 0.0597 0.005 $479.02
10304915 "$475,027.02 " 0.05595 0.0675 "$32,064.32 "
10304939 "$748,573.03 " 0.0597 0.005 "$3,742.87 "
10304959 "$269,473.82 " 0.05845 0.025833333 "$6,961.41 "
10304965 "$315,398.76 " 0.0597 0.005 "$1,576.99 "
10304981 "$319,688.97 " 0.05845 0.025833333 "$8,258.63 "
10304993 "$299,386.76 " 0.05595 0.0675 "$20,208.61 "
10305005 "$117,482.92 " 0.0572 0.046666667 "$5,482.54 "
10305019 "$579,449.67 " 0.0597 0.005 "$2,897.25 "
10305027 "$185,423.90 " 0.0597 0.005 $927.12
10306219 "$514,474.93 " 0.05595 0.0675 "$34,727.06 "
10309269 "$486,177.01 " 0.05845 0.025833333 "$12,559.57 "
10310185 "$559,468.65 " 0.0597 0.005 "$2,797.34 "
10311147 "$188,602.92 " 0.0597 0.005 $943.01
10311285 "$237,024.89 " 0.0597 0.005 "$1,185.12 "
10311435 "$430,400.00 " 0.05845 0.025833333 "$11,118.67 "
10311445 "$290,000.00 " 0.05595 0.0675 "$19,575.00 "
10311457 "$619,411.72 " 0.0597 0.005 "$3,097.06 "
10311463 "$584,353.00 " 0.0597 0.005 "$2,921.77 "
10311485 "$420,000.00 " 0.05845 0.025833333 "$10,850.00 "
10311493 "$598,400.00 " 0.0597 0.005 "$2,992.00 "
10311521 "$505,000.00 " 0.0597 0.005 "$2,525.00 "
10311555 "$600,000.00 " 0.0597 0.005 "$3,000.00 "
10311557 "$460,000.00 " 0.0597 0.005 "$2,300.00 "
10311623 "$525,000.00 " 0.0597 0.005 "$2,625.00 "
10312937 "$77,472.80 " 0.0572 0.046666667 "$3,615.40 "
10315363 "$99,905.11 " 0.0597 0.005 $499.53
10315383 "$141,565.55 " 0.0597 0.005 $707.83
10315431 "$100,882.30 " 0.0572 0.046666667 "$4,707.84 "
10317929 "$50,000.00 " 0.0597 0.005 $250.00
10318501 "$94,308.25 " 0.05845 0.025833333 "$2,436.30 "
10321245 "$590,818.37 " 0.0572 0.046666667 "$27,571.52 "
10326329 "$81,600.00 " 0.0572 0.046666667 "$3,808.00 "
10327171 "$434,000.00 " 0.05595 0.0675 "$29,295.00 "
10327177 "$480,000.00 " 0.0547 0.088333333 "$42,400.00 "
10327179 "$560,000.00 " 0.0572 0.046666667 "$26,133.33 "
10327199 "$479,522.16 " 0.0572 0.046666667 "$22,377.70 "
10327213 "$514,712.05 " 0.0547 0.088333333 "$45,466.23 "
10327215 "$525,000.00 " 0.0597 0.005 "$2,625.00 "
10327221 "$460,000.00 " 0.05345 0.109166667 "$50,216.67 "
10327223 "$456,000.00 " 0.05845 0.025833333 "$11,780.00 "
10327251 "$521,250.00 " 0.05845 0.025833333 "$13,465.63 "
10327311 "$516,250.00 " 0.0572 0.046666667 "$24,091.67 "
10327323 "$773,525.47 " 0.0597 0.005 "$3,867.63 "
10327467 "$461,300.00 " 0.0547 0.088333333 "$40,748.17 "
10332085 "$188,405.17 " 0.0547 0.088333333 "$16,642.46 "
10332087 "$533,381.22 " 0.0547 0.088333333 "$47,115.34 "
10332091 "$173,644.32 " 0.05595 0.0675 "$11,720.99 "
10332093 "$377,000.00 " 0.05595 0.0675 "$25,447.50 "
10332099 "$359,000.00 " 0.0572 0.046666667 "$16,753.33 "
10332105 "$199,591.18 " 0.05595 0.0675 "$13,472.40 "
10332109 "$92,874.71 " 0.0597 0.005 $464.37
10332113 "$160,000.00 " 0.05595 0.0675 "$10,800.00 "
10332123 "$910,000.00 " 0.05595 0.0675 "$61,425.00 "
10332151 "$606,727.38 " 0.0547 0.088333333 "$53,594.25 "
10332165 "$600,000.00 " 0.05845 0.025833333 "$15,500.00 "
10332167 "$310,907.34 " 0.0597 0.005 "$1,554.54 "
10332169 "$523,926.86 " 0.05595 0.0675 "$35,365.06 "
10332181 "$210,000.00 " 0.0597 0.005 "$1,050.00 "
10332195 "$367,211.32 " 0.05345 0.109166667 "$40,087.24 "
10332263 "$248,000.00 " 0.0597 0.005 "$1,240.00 "
10334841 "$750,000.00 " 0.0597 0.005 "$3,750.00 "
10335737 "$143,968.88 " 0.05845 0.025833333 "$3,719.20 "
10353021 "$605,600.00 " 0.0597 0.005 "$3,028.00 "
EXHIBIT THREE
INFORMATION TO BE INCLUDED IN
MONTHLY DISTRIBUTION DATE STATEMENT
(i) the applicable Record Date, Determination Date and Distribution Date;
(ii) the aggregate amount of payments received with respect to the Mortgage Loans,
including prepayment amounts;
(iii) the Servicing Fee and Subservicing Fee payable to the Master Servicer and the
Subservicer;
(iv) the amount of any other fees or expenses paid;
(v) (a) the amount of such distribution to the Certificateholders of such Class applied
to reduce the Certificate Principal Balance thereof, and (b) the aggregate amount
included therein representing Principal Prepayments;
(vi) the amount of such distribution to Holders of such Class of Certificates allocable to
interest;
(vii) if the distribution to the Holders of such Class of Certificates is less than the
full amount that would be distributable to such Holders if there were sufficient
funds available therefor, the amount of the shortfall;
(viii) the aggregate Certificate Principal Balance of each Class of Certificates and each of
the Senior Percentage and Subordinate Class Percentage, before and after giving
effect to the amounts distributed on such Distribution Date, separately identifying
any reduction thereof due to Realized Losses other than pursuant to an actual
distribution of principal;
(ix) the aggregate Certificate Principal Balance of each of the Class A Certificates,
Class M Certificates and Class B Certificates as of the Closing Date;
(x) the weighted average remaining term to maturity of the Mortgage Loans after giving
effect to the amounts distributed on such Distribution Date;
(xi) the weighted average Mortgage Rates of the Mortgage Loans after giving effect to the
amounts distributed on such Distribution Date;
(xii) if applicable, the Special Hazard Amount, Fraud Loss Amount and Bankruptcy Amount and
as of the close of business on the applicable Distribution Date;
(xiii) the Pool Stated Principal Balance and number of the Mortgage Loans after giving
effect to the distribution of principal on such Distribution Date and the number of
Mortgage Loans at the beginning and end of the related Due Period;
(xiv) on the basis of the most recent reports furnished to it by Sub-Servicers, the number
and Stated Principal Balances of Mortgage Loans that are Delinquent (A) 30-59 days,
(B) 60-89 days and (C) 90 or more days and the number and Stated Principal Balances
of Mortgage Loans that are in foreclosure;
(xv) the aggregate amount of Realized Losses for such Distribution Date;
(xvi) the amount, terms and general purpose of any Advance by the Master Servicer pursuant
to Section 4.04;
(xvii) any material modifications, extensions or waivers to the terms of the Mortgage Loans
during the Due Period or that have cumulatively become material over time;
(xviii) any material breaches of Mortgage Loan representations or warranties or covenants in
the Agreement.
(xix) the related Subordinate Principal Distribution Amount;
(xx) the number, aggregate principal balance and Stated Principal Balances of any REO
Properties;
(xxi) the aggregate Accrued Certificate Interest remaining unpaid, if any, for each Class
of Certificates, after giving effect to the distribution made on such Distribution
Date;
(xxii) the Pass-Through Rate with respect to the Class A-V Certificates;
(xxiii) the Pass-Through Rates on the Floater Certificates and Inverse Floater Certificates
for such Distribution Date, separately identifying LIBOR for such Distribution Date;
(xiv) the Notional Amount with respect to each class of Interest Only
Certificates;
(xv) the occurrence of the Credit Support Depletion Date;
(xvi) the related Senior Accelerated Distribution Percentage applicable to
such distribution;
(xvii) the related Senior Percentage for such Distribution Date;
(xix) the aggregate amount of any recoveries on previously foreclosed loans
from Sellers;
In the case of information furnished pursuant to clauses (i) and (ii) above, the
amounts shall be expressed as a dollar amount per Certificate with a $1,000 denomination.
The Trustee's internet website is xxx.xxx.xx.xxx/xxxx.
EXHIBIT FOUR
EXECUTION VERSION
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
Dated as of January 1, 2006
Residential Accredit Loans, Inc.
Mortgage Asset-Backed Pass-Through Certificates
TABLE OF CONTENTS
PAGE
ARTICLE I DEFINITIONS...............................................................2
Section 1.01. Definitions...........................................................2
Section 1.02. Use of Words and Phrases.............................................34
ARTICLE II CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES..........35
Section 2.01. Conveyance of Mortgage Loans.........................................35
Section 2.02. Acceptance by Trustee................................................41
Section 2.03. Representations, Warranties and Covenants of the Master
Servicer and the Company.........................................42
Section 2.04. Representations and Warranties of Residential Funding................44
Section 2.05. Execution and Authentication of Certificates/Issuance of
Certificates Evidencing Interests in REMIC I Certificates........45
Section 2.06. Conveyance of Uncertificated REMIC I and REMIC II Regular
Interests; Acceptance by the Trustee.............................46
Section 2.07. Issuance of Certificates Evidencing Interests in REMIC II............46
Section 2.08. Purposes and Powers of the Trust.....................................46
ARTICLE III ADMINISTRATION AND SERVICING OF MORTGAGE LOANS...........................46
Section 3.01. Master Servicer to Act as Servicer...................................46
Section 3.02. Subservicing Agreements Between Master Servicer and
Subservicers; Enforcement of Subservicers' and Sellers'
Obligations......................................................48
Section 3.03. Successor Subservicers...............................................49
Section 3.04. Liability of the Master Servicer.....................................49
Section 3.05. No Contractual Relationship Between Subservicer and Trustee or
Certificateholders...............................................50
Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee......50
Section 3.07. Collection of Certain Mortgage Loan Payments; Deposits to
Custodial Account................................................50
Section 3.08. Subservicing Accounts; Servicing Accounts............................53
Section 3.09. Access to Certain Documentation and Information Regarding the
Mortgage Loans...................................................55
Section 3.10. Permitted Withdrawals from the Custodial Account.....................55
Section 3.11. Maintenance of the Primary Insurance Policies; Collections
Thereunder.......................................................57
Section 3.12. Maintenance of Fire Insurance and Omissions and Fidelity
Coverage.........................................................58
Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and
Modification Agreements; Certain Assignments.....................59
Section 3.14. Realization Upon Defaulted Mortgage Loans............................61
Section 3.15. Trustee to Cooperate; Release of Mortgage Files......................65
Section 3.16. Servicing and Other Compensation; Compensating Interest..............66
Section 3.17. Reports to the Trustee and the Company...............................67
Section 3.18. Annual Statement as to Compliance and Servicing Assessment...........67
Section 3.19. Annual Independent Public Accountants' Servicing Report..............68
Section 3.20. Rights of the Company in Respect of the Master Servicer..............68
Section 3.21. Administration of Buydown Funds......................................68
Section 3.22. Advance Facility.....................................................69
ARTICLE IV PAYMENTS TO CERTIFICATEHOLDERS...........................................73
Section 4.01. Certificate Account..................................................73
Section 4.02. Distributions. As provided in Section 4.02 of the Series
Supplement.......................................................74
Section 4.03. Statements to Certificateholders; Statements to Rating
Agencies; Exchange Act Reporting.................................74
Section 4.04. Distribution of Reports to the Trustee and the Company;
Advances by the Master Servicer..................................76
Section 4.05. Allocation of Realized Losses........................................77
Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property........78
Section 4.07. Optional Purchase of Defaulted Mortgage Loans........................78
Section 4.08. Surety Bond..........................................................78
ARTICLE V THE CERTIFICATES.........................................................79
Section 5.01. The Certificates.....................................................79
Section 5.02. Registration of Transfer and Exchange of Certificates................81
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates....................87
Section 5.04. Persons Deemed Owners................................................87
Section 5.05. Appointment of Paying Agent..........................................87
Section 5.06. U.S.A. Patriot Act Compliance........................................88
ARTICLE VI THE COMPANY AND THE MASTER SERVICER......................................89
Section 6.01. Respective Liabilities of the Company and the Master Servicer........89
Section 6.02. Merger or Consolidation of the Company or the Master Servicer;
Assignment of Rights and Delegation of Duties by Master
Servicer.........................................................89
Section 6.03. Limitation on Liability of the Company, the Master Servicer
and Others.......................................................90
Section 6.04. Company and Master Servicer Not to Resign............................91
ARTICLE VII DEFAULT..................................................................92
Section 7.01. Events of Default....................................................92
Section 7.02. Trustee or Company to Act; Appointment of Successor..................94
Section 7.03. Notification to Certificateholders...................................95
Section 7.04. Waiver of Events of Default..........................................95
ARTICLE VIII CONCERNING THE TRUSTEE...................................................96
Section 8.01. Duties of Trustee....................................................96
Section 8.02. Certain Matters Affecting the Trustee................................97
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans................99
Section 8.04. Trustee May Own Certificates.........................................99
Section 8.05. Master Servicer to Pay Trustee's Fees and Expenses;
Indemnification..................................................99
Section 8.06. Eligibility Requirements for Trustee................................100
Section 8.07. Resignation and Removal of the Trustee..............................101
Section 8.08. Successor Trustee...................................................102
Section 8.09. Merger or Consolidation of Trustee..................................102
Section 8.10. Appointment of Co-Trustee or Separate Trustee.......................102
Section 8.11. Appointment of Custodians...........................................103
Section 8.12. Appointment of Office or Agency.....................................104
ARTICLE IX TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES....................105
Section 9.01. Optional Purchase by the Master Servicer of All Certificates;
Termination Upon Purchase by the Master Servicer or
Liquidation of All Mortgage Loans...............................105
Section 9.02. Additional Termination Requirements.................................108
Section 9.03. Termination of Multiple REMICs......................................109
ARTICLE X REMIC PROVISIONS........................................................110
Section 10.01.REMIC Administration................................................110
Section 10.02.Master Servicer, REMIC Administrator and Trustee Indemnification....113
Section 10.03.Designation of REMIC(s). As provided in Section 10.03 of the
Series Supplement...............................................114
Section 10.04.Distributions on the Uncertificated REMIC I and REMIC II
Regular Interests. As provided in Section 10.04 of the
Series Supplement...............................................114
Section 10.05.Compliance with Withholding Requirements. As provided in
Section 10.05 of the Series Supplement..........................114
ARTICLE XI MISCELLANEOUS PROVISIONS................................................115
Section 11.01.Amendment...........................................................115
Section 11.02.Recordation of Agreement; Counterparts..............................117
Section 11.03.Limitation on Rights of Certificateholders..........................118
Section 11.04.Governing Law.......................................................118
Section 11.05.Notices. As provided in Section 11.05 of the Series Supplement......119
Section 11.06.Required Notices to Rating Agency and Subservicer...................119
Section 11.07.Severability of Provisions..........................................120
Section 11.08.Supplemental Provisions for Resecuritization........................120
Section 11.09.Allocation of Voting Rights.........................................120
Section 00.00.Xx Petition.........................................................120
ARTICLE XII COMPLIANCE WITH REGULATION AB...........................................121
Section 12.01.Intent of the Parties; Reasonableness...............................121
Section 12.02.Additional Representations and Warranties of the Trustee............121
Section 12.03.Information to Be Provided by the Trustee...........................122
Section 00.00.Xxxxxx on Assessment of Compliance and Attestation..................122
Section 12.05.Indemnification; Remedies...........................................123
EXHIBITS
Exhibit A: Form of Class A Certificate
Exhibit B: Form of Class M Certificate
Exhibit C: Form of Class B Certificate
Exhibit D: Form of Class R Certificate
Exhibit E: Form of Seller/Servicer Contract
Exhibit F: Forms of Request for Release
Exhibit G-1: Form of Transfer Affidavit and Agreement
Exhibit G-2: Form of Transferor Certificate
Exhibit H: Form of Investor Representation Letter
Exhibit I: Form of Transferor Representation Letter
Exhibit J: Form of Rule 144A Investment Representation Letter
Exhibit K: Text of Amendment to Pooling and Servicing Agreement Pursuant to
Section 11.01(e) for a Limited Guaranty
Exhibit L: Form of Limited Guaranty
Exhibit M: Form of Lender Certification for Assignment of Mortgage Loan
Exhibit N: Request for Exchange Form
Exhibit O: Form of Form 10-K Certification
Exhibit P: Form of Back-Up Certification to Form 10-K Certificate
Exhibit Q: Information to be Provided by the Master Servicer to the Rating
Agencies Relating to Reportable Modified Mortgage Loans
Exhibit R: Servicing Criteria
This is the Standard Terms of Pooling and Servicing Agreement, dated as of January 1,
2006 (the "Standard Terms", and as incorporated by reference into a Series Supplement dated
as of the Cut-off Date, the "Pooling and Servicing Agreement" or "Agreement"), among
RESIDENTIAL ACCREDIT LOANS, INC., as the company (together with its permitted successors and
assigns, the "Company"), RESIDENTIAL FUNDING CORPORATION, as master servicer (together with
its permitted successors and assigns, the "Master Servicer"), and the trustee named in the
applicable Series Supplement (together with its permitted successors and assigns, the
"Trustee").
PRELIMINARY STATEMENT:
The Company intends to sell certain mortgage asset-backed pass-through certificates
(collectively, the "Certificates"), to be issued under the Agreement in multiple classes,
which in the aggregate will evidence the entire beneficial ownership interest in the
Mortgage Loans.
In consideration of the mutual agreements herein contained, the Company, the Master
Servicer and the Trustee agree as follows:
ARTICLE I
DEFINITIONS
Section 1.01. Definitions.
Whenever used in this Agreement, the following words and phrases, unless the context
otherwise requires, shall have the meanings specified in this Article.
Accretion Termination Date: As defined in the Series Supplement.
Accrual Certificates: As defined in the Series Supplement.
Accrued Certificate Interest: With respect to each Distribution Date, as to any
Class or Subclass of Certificates (other than any Principal Only Certificates), interest
accrued during the related Interest Accrual Period at the related Pass-Through Rate on the
Certificate Principal Balance or Notional Amount thereof immediately prior to such
Distribution Date. Accrued Certificate Interest will be calculated on the basis of a 360-day
year, consisting of twelve 30-day months. In each case Accrued Certificate Interest on any
Class or Subclass of Certificates will be reduced by the amount of:
(i) Prepayment Interest Shortfalls on all Mortgage Loans or, if the Mortgage Pool
is comprised of two or more Loan Groups, on the Mortgage Loans in the related
Loan Group (to the extent not offset by the Master Servicer with a payment of
Compensating Interest as provided in Section 4.01),
(ii) the interest portion (adjusted to the Net Mortgage Rate (or the Modified Net
Mortgage Rate in the case of a Modified Mortgage Loan)) of Realized Losses on
all Mortgage Loans or, if the Mortgage Pool is comprised of two or more Loan
Groups, on the Mortgage Loans in the related Loan Group (including Excess
Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses and
Extraordinary Losses) not allocated solely to one or more specific Classes of
Certificates pursuant to Section 4.05,
(iii) the interest portion of Advances that were (A) previously made with respect to
a Mortgage Loan or REO Property on all Mortgage Loans or, if the Mortgage Pool
is comprised of two or more Loan Groups, on the Mortgage Loans in the related
Loan Group, which remained unreimbursed following the Cash Liquidation or REO
Disposition of such Mortgage Loan or REO Property and (B) made with respect to
delinquencies that were ultimately determined to be Excess Special Hazard
Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses,
and
(iv) any other interest shortfalls not covered by the subordination provided by the
Class M Certificates and Class B Certificates, including interest that is not
collectible from the Mortgagor pursuant to the Servicemembers Civil Relief Act
of 1940, as amended, or similar legislation or regulations as in effect from
time to time,
with all such reductions allocated (A) among all of the Certificates in proportion to their
respective amounts of Accrued Certificate Interest payable on such Distribution Date absent
such reductions or (B) if the Mortgage Pool is comprised of two or more Loan Groups, the
related Senior Percentage of such reductions among the related Senior Certificates in
proportion to the amounts of Accrued Certificate Interest payable from the related Loan
Group on such Distribution Date absent such reductions, with the remainder of such
reductions allocated among the holders of the Class M Certificates and Class B Certificates
in proportion to their respective amounts of Accrued Certificate Interest payable on such
Distribution Date absent such reductions. In addition to that portion of the reductions
described in the preceding sentence that are allocated to any Class of Class B Certificates
or any Class of Class M Certificates, Accrued Certificate Interest on such Class of Class B
Certificates or such Class of Class M Certificates will be reduced by the interest portion
(adjusted to the Net Mortgage Rate) of Realized Losses that are allocated solely to such
Class of Class B Certificates or such Class of Class M Certificates pursuant to Section 4.05.
Addendum and Assignment Agreement: The Addendum and Assignment Agreement, dated as
of January 31, 1995, between MLCC and the Master Servicer.
Additional Collateral: Any of the following held, in addition to the related
Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security
entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit
accounts, certificates of deposit, commodities contracts and other investment property and
other property of whatever kind or description now existing or hereafter acquired which is
pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees,
and (A) all money, securities, security entitlements, accounts, general intangibles, payment
rights, instruments, documents, deposit accounts, certificates of deposit, commodities
contracts and other investment property and other property of whatever kind or description
now existing or hereafter acquired which is pledged as collateral for such guarantee or (B)
any mortgaged property securing the performance of such guarantee, or (iii) such other
collateral as may be set forth in the Series Supplement.
Additional Collateral Loan: Each Mortgage Loan that is supported by Additional
Collateral.
Adjusted Mortgage Rate: With respect to any Mortgage Loan and any date of
determination, the Mortgage Rate borne by the related Mortgage Note, less the rate at which
the related Subservicing Fee accrues.
Advance: As to any Mortgage Loan, any advance made by the Master Servicer, pursuant
to Section 4.04.
Advance Facility: As defined in Section 3.22.
Advance Facility Notice: As defined in Section 3.22.
Advance Facility Trustee: As defined in Section 3.22.
Advancing Person: As defined in Section 3.22.
Advance Reimbursement Amounts: As defined in Section 3.22.
Affiliate: With respect to any Person, any other Person controlling, controlled by
or under common control with such first Person. For the purposes of this definition,
"control" means the power to direct the management and policies of such Person, directly or
indirectly, whether through the ownership of voting securities, by contract or otherwise;
and the terms "controlling" and "controlled" have meanings correlative to the foregoing.
Ambac: Ambac Assurance Corporation (formerly known as AMBAC Indemnity Corporation).
Amount Held for Future Distribution: As to any Distribution Date and, with respect
to any Mortgage Pool that is comprised of two or more Loan Groups, each Loan Group, the
total of the amounts held in the Custodial Account at the close of business on the preceding
Determination Date on account of (i) Liquidation Proceeds, Subsequent Recoveries, Insurance
Proceeds, Curtailments, Mortgage Loan purchases made pursuant to Section 2.02, 2.03, 2.04 or
4.07 and Mortgage Loan substitutions made pursuant to Section 2.03 or 2.04 received or made
in the month of such Distribution Date (other than such Liquidation Proceeds, Insurance
Proceeds and purchases of Mortgage Loans that the Master Servicer has deemed to have been
received in the preceding month in accordance with Section 3.07(b)), and Principal
Prepayments in Full made after the related Prepayment Period, and (ii) payments which
represent early receipt of scheduled payments of principal and interest due on a date or
dates subsequent to the related Due Date.
Appraised Value: As to any Mortgaged Property, the lesser of (i) the appraised value
of such Mortgaged Property based upon the appraisal made at the time of the origination of
the related Mortgage Loan, and (ii) the sales price of the Mortgaged Property at such time
of origination, except in the case of a Mortgaged Property securing a refinanced or modified
Mortgage Loan as to which it is either the appraised value determined above or the appraised
value determined in an appraisal at the time of refinancing or modification, as the case may
be.
Assigned Contracts: With respect to any Pledged Asset Loan: the Credit Support
Pledge Agreement; the Funding and Pledge Agreement, among GMAC Mortgage Corporation,
National Financial Services Corporation and the Mortgagor or other person pledging the
related Pledged Assets; the Additional Collateral Agreement, between GMAC Mortgage
Corporation and the Mortgagor or other person pledging the related Pledged Assets; or such
other contracts as may be set forth in the Series Supplement.
Assignment: An assignment of the Mortgage, notice of transfer or equivalent
instrument, in recordable form, sufficient under the laws of the jurisdiction wherein the
related Mortgaged Property is located to reflect of record the sale of the Mortgage Loan to
the Trustee for the benefit of Certificateholders, which assignment, notice of transfer or
equivalent instrument may be in the form of one or more blanket assignments covering
Mortgages secured by Mortgaged Properties located in the same county, if permitted by law
and accompanied by an Opinion of Counsel to that effect.
Assignment Agreement: The Assignment and Assumption Agreement, dated the Closing
Date, between Residential Funding and the Company relating to the transfer and assignment of
the Mortgage Loans.
Assignment of Proprietary Lease: With respect to a Cooperative Loan, the assignment
of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative
Loan.
Available Distribution Amount: As to any Distribution Date and, with respect to any
Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a)
the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account
as of the close of business on the immediately preceding Determination Date, including any
Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the
substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on
the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in
the Certificate Account on the related Certificate Account Deposit Date pursuant to the
second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account
pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to
withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e),
(vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such
Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master
Servicer, reduced by (b) the sum as of the close of business on the immediately preceding
Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future
Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the
Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive,
of Section 3.10(a). Such amount shall be determined separately for each Loan Group.
Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan
Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section
3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in
connection with Principal Prepayments in Full and Curtailments made in the prior calendar
month, such Compensating Interest shall be allocated on such Distribution Date to the
Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the
respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in
such Loan Group in respect of such Distribution Date.
Bankruptcy Code: The Bankruptcy Code of 1978, as amended.
Bankruptcy Loss: With respect to any Mortgage Loan, a Deficient Valuation or Debt
Service Reduction; provided, however, that neither a Deficient Valuation nor a Debt Service
Reduction shall be deemed a Bankruptcy Loss hereunder so long as the Master Servicer has
notified the Trustee in writing that the Master Servicer is diligently pursuing any remedies
that may exist in connection with the representations and warranties made regarding the
related Mortgage Loan and either (A) the related Mortgage Loan is not in default with regard
to payments due thereunder or (B) delinquent payments of principal and interest under the
related Mortgage Loan and any premiums on any applicable primary hazard insurance policy and
any related escrow payments in respect of such Mortgage Loan are being advanced on a current
basis by the Master Servicer or a Subservicer, in either case without giving effect to any
Debt Service Reduction.
Book-Entry Certificate: Any Certificate registered in the name of the Depository or
its nominee, and designated as such in the Preliminary Statement to the Series Supplement.
Business Day: Any day other than (i) a Saturday or a Sunday or (ii) a day on which
banking institutions in the State of New York, the State of Michigan, the State of
California or the State of Illinois (and such other state or states in which the Custodial
Account or the Certificate Account are at the time located) are required or authorized by
law or executive order to be closed.
Buydown Funds: Any amount contributed by the seller of a Mortgaged Property, the
Company or other source in order to enable the Mortgagor to reduce the payments required to
be made from the Mortgagor's funds in the early years of a Mortgage Loan. Buydown Funds are
not part of the Trust Fund prior to deposit into the Custodial or Certificate Account.
Buydown Mortgage Loan: Any Mortgage Loan as to which a specified amount of interest
is paid out of related Buydown Funds in accordance with a related buydown agreement.
Calendar Quarter: A Calendar Quarter shall consist of one of the following time
periods in any given year: January 1 through March 31, April 1 through June 30, July 1
through September 30, and October 1 through December 31.
Capitalization Reimbursement Amount: With respect to any Distribution Date and, with
respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, the
amount of Advances or Servicing Advances that were added to the Stated Principal Balance of
all Mortgage Loans or, if the Mortgage Pool is comprised of two or more Loan Groups, on the
Mortgage Loans in the related Loan Group, during the prior calendar month and reimbursed to
the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section
3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed
from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or
prior to such Distribution Date.
Capitalization Reimbursement Shortfall Amount: With respect to any Distribution Date
and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan
Group, the amount, if any, by which the amount of Advances or Servicing Advances that were
added to the Stated Principal Balance of all Mortgage Loans (or, if the Mortgage Pool is
comprised of two or more Loan Groups, on the Mortgage Loans in the related Loan Group)
during the preceding calendar month exceeds the amount of principal payments on the Mortgage
Loans included in the Available Distribution Amount (or, if the Mortgage Pool is comprised
of two or more Loan Groups, Available Distribution Amount for the related Loan Group) for
that Distribution Date.
Cash Liquidation: As to any defaulted Mortgage Loan other than a Mortgage Loan as to
which an REO Acquisition occurred, a determination by the Master Servicer that it has
received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries
which the Master Servicer reasonably and in good faith expects to be finally recoverable
with respect to such Mortgage Loan.
Certificate Account Deposit Date: As to any Distribution Date, the Business Day
prior thereto.
Certificateholder or Holder: The Person in whose name a Certificate is registered in
the Certificate Register, and, in respect of any Insured Certificates, the Certificate
Insurer to the extent of Cumulative Insurance Payments, except that neither a Disqualified
Organization nor a Non-United States Person shall be a holder of a Class R Certificate for
purposes hereof and, solely for the purpose of giving any consent or direction pursuant to
this Agreement, any Certificate, other than a Class R Certificate, registered in the name of
the Company, the Master Servicer or any Subservicer or any Affiliate thereof shall be deemed
not to be outstanding and the Percentage Interest or Voting Rights evidenced thereby shall
not be taken into account in determining whether the requisite amount of Percentage
Interests or Voting Rights necessary to effect any such consent or direction has been
obtained. All references herein to "Holders" or "Certificateholders" shall reflect the
rights of Certificate Owners as they may indirectly exercise such rights through the
Depository and participating members thereof, except as otherwise specified herein;
provided, however, that the Trustee shall be required to recognize as a "Holder" or
"Certificateholder" only the Person in whose name a Certificate is registered in the
Certificate Register.
Certificate Insurer: As defined in the Series Supplement.
Certificate Owner: With respect to a Book-Entry Certificate, the Person who is the
beneficial owner of such Certificate, as reflected on the books of an indirect participating
brokerage firm for which a Depository Participant acts as agent, if any, and otherwise on
the books of a Depository Participant, if any, and otherwise on the books of the Depository.
Certificate Principal Balance: With respect to each Certificate (other than any
Interest Only Certificate), on any date of determination, an amount equal to:
(i) the Initial Certificate Principal Balance of such Certificate as specified on
the face thereof, plus
(ii) any Subsequent Recoveries added to the Certificate Principal Balance of such
Certificate pursuant to Section 4.02, plus
(iii) in the case of each Accrual Certificate, an amount equal to the aggregate
Accrued Certificate Interest added to the Certificate Principal Balance
thereof prior to such date of determination, minus
(iv) the sum of (x) the aggregate of all amounts previously distributed with
respect to such Certificate (or any predecessor Certificate) and applied to
reduce the Certificate Principal Balance thereof pursuant to Section 4.02(a)
and (y) the aggregate of all reductions in Certificate Principal Balance
deemed to have occurred in connection with Realized Losses which were
previously allocated to such Certificate (or any predecessor Certificate)
pursuant to Section 4.05;
provided, that the Certificate Principal Balance of each Certificate of the Class of
Subordinate Certificates with the Lowest Priority at any given time shall be further reduced
by an amount equal to the Percentage Interest represented by such Certificate multiplied by
the excess, if any, of (A) the then aggregate Certificate Principal Balance of all Classes
of Certificates then outstanding over (B) the then aggregate Stated Principal Balance of the
Mortgage Loans.
Certificate Register and Certificate Registrar: The register maintained and the
registrar appointed pursuant to Section 5.02.
Class: Collectively, all of the Certificates bearing the same designation. The
initial Class A-V Certificates and any Subclass thereof issued pursuant to Section 5.01(c)
shall be a single Class for purposes of this Agreement.
Class A-P Certificate: Any one of the Certificates designated as a Class A-P
Certificate.
Class A-P Collection Shortfall: With respect to the Cash Liquidation or REO
Disposition of a Discount Mortgage Loan, any Distribution Date and, with respect to any
Mortgage Pool comprised of two or more Loan Groups, each Loan Group, the excess of the
amount described in clause (C)(1) of the definition of Class A-P Principal Distribution
Amount (for the related Loan Group, if applicable) over the amount described in clause
(C)(2) of such definition.
Class A-P Principal Distribution Amount: With respect to any Distribution Date and,
with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an
amount equal to the aggregate of:
(A) the related Discount Fraction of the principal portion of each Monthly
Payment on each Discount Mortgage Loan (or, with respect to any Mortgage Pool
comprised of two or more Loan Groups, each Discount Mortgage Loan in the related Loan
Group) due during the related Due Period, whether or not received on or prior to the
related Determination Date, minus the Discount Fraction of the principal portion of
any related Debt Service Reduction which together with other Bankruptcy Losses
exceeds the Bankruptcy Amount;
(B) the related Discount Fraction of the principal portion of all
unscheduled collections on each Discount Mortgage Loan (or, with respect to any
Mortgage Pool comprised of two or more Loan Groups, each Discount Mortgage Loan in
the related Loan Group) received during the preceding calendar month or, in the case
of Principal Prepayments in Full, during the related Prepayment Period (other than
amounts received in connection with a Cash Liquidation or REO Disposition of a
Discount Mortgage Loan described in clause (C) below), including Principal
Prepayments in Full, Curtailments, Subsequent Recoveries and repurchases (including
deemed repurchases under Section 3.07(b)) of such Discount Mortgage Loans (or, in the
case of a substitution of a Deleted Mortgage Loan, the Discount Fraction of the
amount of any shortfall deposited in the Custodial Account in connection with such
substitution);
(C) in connection with the Cash Liquidation or REO Disposition of a
Discount Mortgage Loan (or, with respect to any Mortgage Pool comprised of two or
more Loan Groups, each Discount Mortgage Loan in the related Loan Group) that
occurred during the preceding calendar month (or was deemed to have occurred during
such period in accordance with Section 3.07(b)) that did not result in any Excess
Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses or Extraordinary
Losses, an amount equal to the lesser of (1) the applicable Discount Fraction of the
Stated Principal Balance of such Discount Mortgage Loan immediately prior to such
Distribution Date and (2) the aggregate amount of the collections on such Mortgage
Loan to the extent applied as recoveries of principal;
(D) any amounts allocable to principal for any previous Distribution Date
(calculated pursuant to clauses (A) through (C) above) that remain undistributed; and
(E) the amount of any Class A-P Collection Shortfalls for such Distribution
Date and the related Loan Group, if applicable, and the amount of any Class A-P
Collection Shortfalls (for the related Loan Group, if applicable) remaining unpaid
for all previous Distribution Dates, but only to the extent of the Eligible Funds for
such Distribution Date; minus
(F) the related Discount Fraction of the portion of the Capitalization
Reimbursement Amount (for the related Loan Group, if applicable) for such
Distribution Date, if any, related to each Discount Mortgage Loan (in the related
Loan Group, if applicable).
Notwithstanding the foregoing, with respect to any Distribution Date on and after the
Credit Support Depletion Date, the Class A-P Principal Distribution Amount (for a Loan
Group, if applicable) shall equal the excess of (i) the sum of (a) the related Discount
Fraction of the principal portion of each Monthly Payment on each Discount Mortgage Loan (in
the related Loan Group, if applicable) received or advanced prior to the related
Determination Date and not previously distributed minus the Discount Fraction of the
principal portion of any related Debt Service Reduction which together with other Bankruptcy
Losses exceeds the Bankruptcy Amount and (b) the related Discount Fraction of the aggregate
amount of unscheduled collections described in clauses (B) and (C) above over (ii) the
amount calculated pursuant to clause (F) above.
Class A-V Certificate: Any one of the Certificates designated as a Class A-V
Certificate, including any Subclass thereof.
Class B Certificate: Any one of the Certificates designated as a Class B-1
Certificate, Class B-2 Certificate or Class B-3 Certificate.
Class M Certificate: Any one of the Certificates designated as a Class M-1
Certificate, Class M-2 Certificate or Class M-3 Certificate.
Closing Date: As defined in the Series Supplement.
Code: The Internal Revenue Code of 1986, as amended.
Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability
company.
Commission: The Securities and Exchange Commission.
Compensating Interest: With respect to any Distribution Date, an amount equal to
Prepayment Interest Shortfalls resulting from Principal Prepayments in Full during the
related Prepayment Period and Curtailments during the prior calendar month and included in
the Available Distribution Amount for such Distribution Date, but not more than the lesser
of (a) one-twelfth of 0.125% of the Stated Principal Balance of the Mortgage Loans
immediately preceding such Distribution Date and (b) the sum of the Servicing Fee and all
income and gain on amounts held in the Custodial Account and the Certificate Account and
payable to the Certificateholders with respect to such Distribution Date; provided that for
purposes of this definition the amount of the Servicing Fee will not be reduced pursuant to
Section 7.02(a) except as may be required pursuant to the last sentence of such Section.
Compliance With Laws Representation: The following representation and warranty (or
any representation and warranty that is substantially similar) made by Residential Funding
in Section 4 of Assignment Agreement: "Each Mortgage Loan at the time it was made complied
in all material respects with applicable local, state, and federal laws, including, but not
limited to, all applicable anti-predatory lending laws".
Cooperative: A private, cooperative housing corporation which owns or leases land
and all or part of a building or buildings, including apartments, spaces used for commercial
purposes and common areas therein and whose board of directors authorizes, among other
things, the sale of Cooperative Stock.
Cooperative Apartment: A dwelling unit in a multi-dwelling building owned or leased
by a Cooperative, which unit the Mortgagor has an exclusive right to occupy pursuant to the
terms of a proprietary lease or occupancy agreement.
Cooperative Lease: With respect to a Cooperative Loan, the proprietary lease or
occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and
relating to the related Cooperative Stock, which lease or agreement confers an exclusive
right to the holder of such Cooperative Stock to occupy such apartment.
Cooperative Loans: Any of the Mortgage Loans made in respect of a Cooperative
Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the
related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv)
financing statements and (v) a stock power (or other similar instrument), and ancillary
thereto, a recognition agreement between the Cooperative and the originator of the
Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to
Section 2.01 and are from time to time held as part of the Trust Fund.
Cooperative Stock: With respect to a Cooperative Loan, the single outstanding class
of stock, partnership interest or other ownership instrument in the related Cooperative.
Cooperative Stock Certificate: With respect to a Cooperative Loan, the stock
certificate or other instrument evidencing the related Cooperative Stock.
Credit Repository: Equifax, Transunion and Experian, or their successors in interest.
Credit Support Depletion Date: The first Distribution Date on which the Certificate
Principal Balances of the Subordinate Certificates have been reduced to zero.
Credit Support Pledge Agreement: The Credit Support Pledge Agreement, dated as of
November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral
LLC and The First National Bank of Chicago (now known as Bank One, National Association), as
custodian.
Cumulative Insurance Payments: As defined in the Series Supplement.
Curtailment: Any Principal Prepayment made by a Mortgagor which is not a Principal
Prepayment in Full.
Custodial Account: The custodial account or accounts created and maintained pursuant
to Section 3.07 in the name of a depository institution, as custodian for the holders of the
Certificates, for the holders of certain other interests in mortgage loans serviced or sold
by the Master Servicer and for the Master Servicer, into which the amounts set forth in
Section 3.07 shall be deposited directly. Any such account or accounts shall be an Eligible
Account.
Custodial Agreement: An agreement that may be entered into among the Company, the
Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold
certain documents relating to the Mortgage Loans on behalf of the Trustee.
Custodian: A custodian appointed pursuant to a Custodial Agreement.
Cut-off Date Principal Balance: As to any Mortgage Loan, the unpaid principal
balance thereof at the Cut-off Date after giving effect to all installments of principal due
on or prior thereto (or due during the month of the Cut-off Date), whether or not received.
Debt Service Reduction: With respect to any Mortgage Loan, a reduction in the
scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a
proceeding under the Bankruptcy Code, except such a reduction constituting a Deficient
Valuation or any reduction that results in a permanent forgiveness of principal.
Deficient Valuation: With respect to any Mortgage Loan, a valuation by a court of
competent jurisdiction of the Mortgaged Property in an amount less than the then outstanding
indebtedness under the Mortgage Loan, or any reduction in the amount of principal to be paid
in connection with any scheduled Monthly Payment that constitutes a permanent forgiveness of
principal, which valuation or reduction results from a proceeding under the Bankruptcy Code.
Definitive Certificate: Any Certificate other than a Book-Entry Certificate.
Deleted Mortgage Loan: A Mortgage Loan replaced or to be replaced with a Qualified
Substitute Mortgage Loan.
Delinquent: As used herein, a Mortgage Loan is considered to be: "30 to 59 days" or
"30 or more days" delinquent when a payment due on any scheduled due date remains unpaid as
of the close of business on the last business day immediately prior to the next following
monthly scheduled due date; "60 to 89 days" or "60 or more days" delinquent when a payment
due on any scheduled due date remains unpaid as of the close of business on the last
business day immediately prior to the second following monthly scheduled due date; and so
on. The determination as to whether a Mortgage Loan falls into these categories is made as
of the close of business on the last business day of each month. For example, a Mortgage
Loan with a payment due on July 1 that remained unpaid as of the close of business on July
31 would then be considered to be 30 to 59 days delinquent. Delinquency information as of
the Cut-off Date is determined and prepared as of the close of business on the last business
day immediately prior to the Cut-off Date.
Depository: The Depository Trust Company, or any successor Depository hereafter
named. The nominee of the initial Depository for purposes of registering those Certificates
that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a
"clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of
the State of New York and a "clearing agency" registered pursuant to the provisions of
Section 17A of the Securities Exchange Act of 1934, as amended.
Depository Participant: A broker, dealer, bank or other financial institution or
other Person for whom from time to time a Depository effects book-entry transfers and
pledges of securities deposited with the Depository.
Destroyed Mortgage Note: A Mortgage Note the original of which was permanently lost
or destroyed and has not been replaced.
Determination Date: As defined in the Series Supplement.
Discount Fraction: With respect to each Discount Mortgage Loan, the fraction
expressed as a percentage, the numerator of which is the Discount Net Mortgage Rate minus
the Net Mortgage Rate (or the initial Net Mortgage Rate with respect to any Discount
Mortgage Loans as to which the Mortgage Rate is modified pursuant to 3.07(a)) for such
Mortgage Loan and the denominator of which is the Discount Net Mortgage Rate. The Discount
Fraction with respect to each Discount Mortgage Loan is set forth as an exhibit attached to
the Series Supplement.
Discount Mortgage Loan: Any Mortgage Loan having a Net Mortgage Rate (or the initial
Net Mortgage Rate) of less than the Discount Net Mortgage Rate per annum and any Mortgage
Loan deemed to be a Discount Mortgage Loan pursuant to the definition of Qualified
Substitute Mortgage Loan.
Discount Net Mortgage Rate: As defined in the Series Supplement.
Disqualified Organization: Any organization defined as a "disqualified organization"
under Section 860E(e)(5) of the Code, and if not otherwise included, any of the following:
(i) the United States, any State or political subdivision thereof, any possession of the
United States, or any agency or instrumentality of any of the foregoing (other than an
instrumentality which is a corporation if all of its activities are subject to tax and,
except for the Xxxxxxx Mac, a majority of its board of directors is not selected by such
governmental unit), (ii) a foreign government, any international organization, or any agency
or instrumentality of any of the foregoing, (iii) any organization (other than certain
farmers' cooperatives described in Section 521 of the Code) which is exempt from the tax
imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on
unrelated business taxable income), (iv) rural electric and telephone cooperatives described
in Section 1381(a)(2)(C) of the Code, (v) any "electing large partnership," as defined in
Section 775(a) of the Code and (vi) any other Person so designated by the Trustee based upon
an Opinion of Counsel that the holding of an Ownership Interest in a Class R Certificate by
such Person may cause the Trust Fund or any Person having an Ownership Interest in any Class
of Certificates (other than such Person) to incur a liability for any federal tax imposed
under the Code that would not otherwise be imposed but for the Transfer of an Ownership
Interest in a Class R Certificate to such Person. The terms "United States", "State" and
"international organization" shall have the meanings set forth in Section 7701 of the Code or
successor provisions.
Distribution Date: The 25th day of any month beginning in the month immediately
following the month of the initial issuance of the Certificates or, if such 25th day is not
a Business Day, the Business Day immediately following such 25th day.
Due Date: With respect to any Distribution Date and any Mortgage Loan, the day
during the related Due Period on which the Monthly Payment is due.
Due Period: With respect to any Distribution Date, the one-month period set forth in
the Series Supplement.
Eligible Account: An account that is any of the following: (i) maintained with a
depository institution the debt obligations of which have been rated by each Rating Agency
in its highest rating available, or (ii) an account or accounts in a depository institution
in which such accounts are fully insured to the limits established by the FDIC, provided
that any deposits not so insured shall, to the extent acceptable to each Rating Agency, as
evidenced in writing, be maintained such that (as evidenced by an Opinion of Counsel
delivered to the Trustee and each Rating Agency) the registered Holders of Certificates have
a claim with respect to the funds in such account or a perfected first security interest
against any collateral (which shall be limited to Permitted Investments) securing such funds
that is superior to claims of any other depositors or creditors of the depository
institution with which such account is maintained, or (iii) in the case of the Custodial
Account, a trust account or accounts maintained in the corporate trust department of U.S.
Bank, National Association, or (iv) in the case of the Certificate Account, a trust account
or accounts maintained in the corporate trust division of the Trustee, or (v) an account or
accounts of a depository institution acceptable to each Rating Agency (as evidenced in
writing by each Rating Agency that use of any such account as the Custodial Account or the
Certificate Account will not reduce the rating assigned to any Class of Certificates by such
Rating Agency below the then-current rating assigned to such Certificates).
Event of Default: As defined in Section 7.01.
Excess Bankruptcy Loss: Any Bankruptcy Loss, or portion thereof, which exceeds the
then applicable Bankruptcy Amount.
Excess Fraud Loss: Any Fraud Loss, or portion thereof, which exceeds the then
applicable Fraud Loss Amount.
Excess Special Hazard Loss: Any Special Hazard Loss, or portion thereof, that
exceeds the then applicable Special Hazard Amount.
Excess Subordinate Principal Amount: With respect to any Distribution Date on which
the aggregate Certificate Principal Balance of the Class of Subordinate Certificates then
outstanding with the Lowest Priority is to be reduced to zero and on which Realized Losses
are to be allocated to such class or classes, the excess, if any, of (i) the amount that
would otherwise be distributable in respect of principal on such class or classes of
Certificates on such Distribution Date over (ii) the excess, if any, of the aggregate
Certificate Principal Balance of such class or classes of Certificates immediately prior to
such Distribution Date over the aggregate amount of Realized Losses to be allocated to such
classes of Certificates on such Distribution Date as reduced by any amount calculated
pursuant to clause (E) of the definition of Class A-P Principal Distribution Amount. With
respect to any Mortgage Pool that is comprised of two or more Loan Groups, the Excess
Subordinate Principal Amount will be allocated between each Loan Group on a pro rata basis
in accordance with the amount of Realized Losses attributable to each Loan Group and
allocated to the Certificates on such Distribution Date.
Exchange Act: The Securities and Exchange Act of 1934, as amended.
Extraordinary Events: Any of the following conditions with respect to a Mortgaged
Property (or, with respect to a Cooperative Loan, the Cooperative Apartment) or Mortgage
Loan causing or resulting in a loss which causes the liquidation of such Mortgage Loan:
(a) losses that are of the type that would be covered by the fidelity bond and the errors
and omissions insurance policy required to be maintained pursuant to Section 3.12(b)
but are in excess of the coverage maintained thereunder;
(b) nuclear reaction or nuclear radiation or radioactive contamination, all whether
controlled or uncontrolled, and whether such loss be direct or indirect, proximate or
remote or be in whole or in part caused by, contributed to or aggravated by a peril
covered by the definition of the term "Special Hazard Loss";
(c) hostile or warlike action in time of peace or war, including action in hindering,
combating or defending against an actual, impending or expected attack:
1. by any government or sovereign power, de jure or de facto, or by any authority
maintaining or using military, naval or air forces; or
2. by military, naval or air forces; or
3. by an agent of any such government, power, authority or forces;
(d) any weapon of war employing atomic fission or radioactive force whether in time of
peace or war; or
(e) insurrection, rebellion, revolution, civil war, usurped power or action taken by
governmental authority in hindering, combating or defending against such an
occurrence, seizure or destruction under quarantine or customs regulations,
confiscation by order of any government or public authority; or risks of contraband
or illegal transportation or trade.
Extraordinary Losses: Any loss incurred on a Mortgage Loan caused by or resulting
from an Extraordinary Event.
Xxxxxx Xxx: Federal National Mortgage Association, a federally chartered and
privately owned corporation organized and existing under the Federal National Mortgage
Association Charter Act, or any successor thereto.
FDIC: Federal Deposit Insurance Corporation or any successor thereto.
Final Distribution Date: The Distribution Date on which the final distribution in
respect of the Certificates will be made pursuant to Section 9.01, which Final Distribution
Date shall in no event be later than the end of the 90-day liquidation period described in
Section 9.02.
Fitch: Fitch Ratings or its successor in interest.
Foreclosure Profits: As to any Distribution Date or related Determination Date and
any Mortgage Loan, the excess, if any, of Liquidation Proceeds, Insurance Proceeds and REO
Proceeds (net of all amounts reimbursable therefrom pursuant to Section 3.10(a)(ii)) in
respect of each Mortgage Loan or REO Property for which a Cash Liquidation or REO
Disposition occurred in the related Prepayment Period over the sum of the unpaid principal
balance of such Mortgage Loan or REO Property (determined, in the case of an REO
Disposition, in accordance with Section 3.14) plus accrued and unpaid interest at the
Mortgage Rate on such unpaid principal balance from the Due Date to which interest was last
paid by the Mortgagor to the first day of the month following the month in which such Cash
Liquidation or REO Disposition occurred.
Form 10-K Certification: As defined in Section 4.03(e).
Fraud Losses: Realized Losses on Mortgage Loans as to which there was fraud in the
origination of such Mortgage Loan.
Xxxxxxx Mac: Federal Home Loan Mortgage Corporation, a corporate instrumentality of
the United States created and existing under Title III of the Emergency Home Finance Act of
1970, as amended, or any successor thereto.
Highest Priority: As of any date of determination, the Class of Subordinate
Certificates then outstanding with a Certificate Principal Balance greater than zero, with
the earliest priority for payments pursuant to Section 4.02(a), in the following order:
Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3 Certificates.
Independent: When used with respect to any specified Person, means such a Person who
(i) is in fact independent of the Company, the Master Servicer and the Trustee, or any
Affiliate thereof, (ii) does not have any direct financial interest or any material indirect
financial interest in the Company, the Master Servicer or the Trustee or in an Affiliate
thereof, and (iii) is not connected with the Company, the Master Servicer or the Trustee as
an officer, employee, promoter, underwriter, trustee, partner, director or person performing
similar functions.
Initial Certificate Principal Balance: With respect to each Class of Certificates,
the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as
set forth in the Series Supplement.
Initial Monthly Payment Fund: An amount representing scheduled principal amortization
and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing
subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be
entitled to receive such payment, and as more specifically defined in the Series Supplement.
Initial Notional Amount: With respect to any Class or Subclass of Interest Only
Certificates, the amount initially used as the principal basis for the calculation of any
interest payment amount, as more specifically defined in the Series Supplement.
Initial Subordinate Class Percentage: As defined in the Series Supplement.
Insurance Proceeds: Proceeds paid in respect of the Mortgage Loans pursuant to any
Primary Insurance Policy or any other related insurance policy covering a Mortgage Loan
(excluding any Certificate Policy (as defined in the Series Supplement)), to the extent such
proceeds are payable to the mortgagee under the Mortgage, any Subservicer, the Master
Servicer or the Trustee and are not applied to the restoration of the related Mortgaged
Property (or, with respect to a Cooperative Loan, the related Cooperative Apartment) or
released to the Mortgagor in accordance with the procedures that the Master Servicer would
follow in servicing mortgage loans held for its own account.
Insurer: Any named insurer under any Primary Insurance Policy or any successor
thereto or the named insurer in any replacement policy.
Interest Accrual Period: As defined in the Series Supplement.
Interest Only Certificates: A Class or Subclass of Certificates not entitled to
payments of principal, and designated as such in the Series Supplement. The Interest Only
Certificates will have no Certificate Principal Balance.
Interim Certification: As defined in Section 2.02.
International Borrower: In connection with any Mortgage Loan, a borrower who is (a)
a United States citizen employed in a foreign country, (b) a non-permanent resident alien
employed in the United States or (c) a citizen of a country other than the United States
with income derived from sources outside the United States.
Junior Certificateholder: The Holder of not less than 95% of the Percentage Interests
of the Junior Class of Certificates.
Junior Class of Certificates: The Class of Subordinate Certificates outstanding as of
the date of the repurchase of a Mortgage Loan pursuant to Section 4.07 herein that has the
Lowest Priority.
Late Collections: With respect to any Mortgage Loan, all amounts received during any
Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds,
Liquidation Proceeds or otherwise, which represent late payments or collections of Monthly
Payments due but delinquent for a previous Due Period and not previously recovered.
Liquidation Proceeds: Amounts (other than Insurance Proceeds) received by the Master
Servicer in connection with the taking of an entire Mortgaged Property by exercise of the
power of eminent domain or condemnation or in connection with the liquidation of a defaulted
Mortgage Loan through trustee's sale, foreclosure sale or otherwise, other than REO Proceeds.
Loan Group: Any group of Mortgage Loans designated as a separate loan group in the
Series Supplement. The Certificates relating to each Loan Group will be designated in the
Series Supplement.
Loan-to-Value Ratio: As of any date, the fraction, expressed as a percentage, the
numerator of which is the current principal balance of the related Mortgage Loan at the date
of determination and the denominator of which is the Appraised Value of the related
Mortgaged Property.
Lower Priority: As of any date of determination and any Class of Subordinate
Certificates, any other Class of Subordinate Certificates then outstanding with a later
priority for payments pursuant to Section 4.02 (a).
Lowest Priority: As of any date of determination, the Class of Subordinate
Certificates then outstanding with a Certificate Principal Balance greater than zero, with
the latest priority for payments pursuant to Section 4.02(a), in the following order: Class
B-3, Class B-2, Class B-1, Class M-3, Class M-2 and Class M-1 Certificates.
Maturity Date: The latest possible maturity date, solely for purposes of Section
1.860G-1(a)(4)(iii) of the Treasury regulations, by which the Certificate Principal Balance
of each Class of Certificates (other than the Interest Only Certificates which have no
Certificate Principal Balance) and each Uncertificated REMIC Regular Interest would be
reduced to zero, as designated in the Series Supplement.
MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and
existing under the laws of the State of Delaware, or any successor thereto.
MERS(R)System: The system of recording transfers of Mortgages electronically
maintained by MERS.
MIN: The Mortgage Identification Number for Mortgage Loans registered with MERS on
the MERS(R)System.
MLCC: Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.
Modified Mortgage Loan: Any Mortgage Loan that has been the subject of a Servicing
Modification.
Modified Net Mortgage Rate: As to any Mortgage Loan that is the subject of a
Servicing Modification, the Net Mortgage Rate minus the rate per annum by which the Mortgage
Rate on such Mortgage Loan was reduced.
MOM Loan: With respect to any Mortgage Loan, MERS acting as the mortgagee of such
Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors
and assigns, at the origination thereof.
Monthly Payment: With respect to any Mortgage Loan (including any REO Property) and
any Due Date, the payment of principal and interest due thereon in accordance with the
amortization schedule at the time applicable thereto (after adjustment, if any, for
Curtailments and for Deficient Valuations occurring prior to such Due Date but before any
adjustment to such amortization schedule by reason of any bankruptcy, other than a Deficient
Valuation, or similar proceeding or any moratorium or similar waiver or grace period and
before any Servicing Modification that constitutes a reduction of the interest rate on such
Mortgage Loan).
Moody's: Xxxxx'x Investors Service, Inc., or its successor in interest.
Mortgage: With respect to each Mortgage Note related to a Mortgage Loan which is not
a Cooperative Loan, the mortgage, deed of trust or other comparable instrument creating a
first lien on an estate in fee simple or leasehold interest in real property securing a
Mortgage Note.
Mortgage File: The mortgage documents listed in Section 2.01 pertaining to a
particular Mortgage Loan and any additional documents required to be added to the Mortgage
File pursuant to this Agreement.
Mortgage Loans: Such of the mortgage loans transferred and assigned to the Trustee
pursuant to Section 2.01 as from time to time are held or deemed to be held as a part of the
Trust Fund, the Mortgage Loans originally so held being identified in the initial Mortgage
Loan Schedule, and Qualified Substitute Mortgage Loans held or deemed held as part of the
Trust Fund including, without limitation, (i) with respect to each Cooperative Loan, the
related Mortgage Note, Security Agreement, Assignment of Proprietary Lease, Cooperative
Stock Certificate, Cooperative Lease and Mortgage File and all rights appertaining thereto,
and (ii) with respect to each Mortgage Loan other than a Cooperative Loan, each related
Mortgage Note, Mortgage and Mortgage File and all rights appertaining thereto.
Mortgage Loan Schedule: As defined in the Series Supplement.
Mortgage Note: The originally executed note or other evidence of indebtedness
evidencing the indebtedness of a Mortgagor under a Mortgage Loan, together with any
modification thereto.
Mortgage Pool: The pool of mortgage loans, including all Loan Groups, if any,
consisting of the Mortgage Loans.
Mortgage Rate: As to any Mortgage Loan, the interest rate borne by the related
Mortgage Note, or any modification thereto other than a Servicing Modification.
Mortgaged Property: The underlying real property securing a Mortgage Loan or, with
respect to a Cooperative Loan, the related Cooperative Lease and Cooperative Stock.
Mortgagor: The obligor on a Mortgage Note.
Net Mortgage Rate: As to each Mortgage Loan, a per annum rate of interest equal to
the Adjusted Mortgage Rate less the per annum rate at which the Servicing Fee is calculated.
Non-Discount Mortgage Loan: A Mortgage Loan that is not a Discount Mortgage Loan.
Non-Primary Residence Loans: The Mortgage Loans designated as secured by second or
vacation residences, or by non-owner occupied residences, on the Mortgage Loan Schedule.
Non-United States Person: Any Person other than a United States Person.
Nonrecoverable Advance: Any Advance previously made or proposed to be made by the
Master Servicer or Subservicer in respect of a Mortgage Loan (other than a Deleted Mortgage
Loan) which, in the good faith judgment of the Master Servicer, will not, or, in the case of
a proposed Advance, would not, be ultimately recoverable by the Master Servicer from related
Late Collections, Insurance Proceeds, Liquidation Proceeds, REO Proceeds or amounts
reimbursable to the Master Servicer pursuant to Section 4.02(a) hereof. To the extent that
any Mortgagor is not obligated under the related Mortgage documents to pay or reimburse any
portion of any Servicing Advances that are outstanding with respect to the related Mortgage
Loan as a result of a modification of such Mortgage Loan by the Master Servicer, which
forgives amounts which the Master Servicer or Subservicer had previously advanced, and the
Master Servicer determines that no other source of payment or reimbursement for such
advances is available to it, such Servicing Advances shall be deemed to be Nonrecoverable
Advances. The determination by the Master Servicer that it has made a Nonrecoverable
Advance or that any proposed Advance would constitute a Nonrecoverable Advance, shall be
evidenced by an Officers' Certificate delivered to the Company, the Trustee and any
Certificate Insurer.
Nonsubserviced Mortgage Loan: Any Mortgage Loan that, at the time of reference
thereto, is not subject to a Subservicing Agreement.
Notional Amount: With respect to any Class or Subclass of Interest Only Certificates,
an amount used as the principal basis for the calculation of any interest payment amount, as
more specifically defined in the Series Supplement.
Officers' Certificate: A certificate signed by the Chairman of the Board, the
President or a Vice President or Assistant Vice President, or a Director or Managing
Director, and by the Treasurer, the Secretary, or one of the Assistant Treasurers or
Assistant Secretaries of the Company or the Master Servicer, as the case may be, and
delivered to the Trustee, as required by this Agreement.
Opinion of Counsel: A written opinion of counsel acceptable to the Trustee and the
Master Servicer, who may be counsel for the Company or the Master Servicer, provided that
any opinion of counsel (i) referred to in the definition of "Disqualified Organization" or
(ii) relating to the qualification of any REMIC formed under the Series Supplement or
compliance with the REMIC Provisions must, unless otherwise specified, be an opinion of
Independent counsel.
Outstanding Mortgage Loan: As to any Due Date, a Mortgage Loan (including an REO
Property) which was not the subject of a Principal Prepayment in Full, Cash Liquidation or
REO Disposition and which was not purchased, deleted or substituted for prior to such Due
Date pursuant to Section 2.02, 2.03, 2.04 or 4.07.
Ownership Interest: As to any Certificate, any ownership or security interest in
such Certificate, including any interest in such Certificate as the Holder thereof and any
other interest therein, whether direct or indirect, legal or beneficial, as owner or as
pledgee.
Pass-Through Rate: As defined in the Series Supplement.
Paying Agent: The Trustee or any successor Paying Agent appointed by the Trustee.
Percentage Interest: With respect to any Certificate (other than a Class R
Certificate), the undivided percentage ownership interest in the related Class evidenced by
such Certificate, which percentage ownership interest shall be equal to the Initial
Certificate Principal Balance thereof or Initial Notional Amount (in the case of any
Interest Only Certificate) thereof divided by the aggregate Initial Certificate Principal
Balance or the aggregate of the Initial Notional Amounts, as applicable, of all the
Certificates of the same Class. With respect to a Class R Certificate, the interest in
distributions to be made with respect to such Class evidenced thereby, expressed as a
percentage, as stated on the face of each such Certificate.
Permitted Investments: One or more of the following:
(i) obligations of or guaranteed as to timely payment of principal and interest by the
United States or any agency or instrumentality thereof when such obligations are
backed by the full faith and credit of the United States;
(ii) repurchase agreements on obligations specified in clause (i) maturing not more than
one month from the date of acquisition thereof, provided that the unsecured
short-term debt obligations of the party agreeing to repurchase such obligations are
at the time rated by each Rating Agency in its highest short-term rating available;
(iii) federal funds, certificates of deposit, demand deposits, time deposits and bankers'
acceptances (which shall each have an original maturity of not more than 90 days and,
in the case of bankers' acceptances, shall in no event have an original maturity of
more than 365 days or a remaining maturity of more than 30 days) denominated in
United States dollars of any U.S. depository institution or trust company
incorporated under the laws of the United States or any state thereof or of any
domestic branch of a foreign depository institution or trust company; provided that
the debt obligations of such depository institution or trust company at the date of
acquisition thereof have been rated by each Rating Agency in its highest short-term
rating available; and, provided further that, if the original maturity of such
short-term obligations of a domestic branch of a foreign depository institution or
trust company shall exceed 30 days, the short-term rating of such institution shall
be A-1+ in the case of Standard & Poor's if Standard & Poor's is a Rating Agency;
(iv) commercial paper and demand notes (having original maturities of not more than 365
days) of any corporation incorporated under the laws of the United States or any
state thereof which on the date of acquisition has been rated by each Rating Agency
in its highest short-term rating available; provided that such commercial paper shall
have a remaining maturity of not more than 30 days;
(v) any mutual fund, money market fund, common trust fund or other pooled investment
vehicle, the assets of which are limited to instruments that otherwise would
constitute Permitted Investments hereunder and have been rated by each Rating Agency
in its highest short-term rating available (in the case of Standard & Poor's such
rating shall be either AAAm or AAAm-G), including any such fund that is managed by
the Trustee or any affiliate of the Trustee or for which the Trustee or any of its
affiliates acts as an adviser; and
(vi) other obligations or securities that are acceptable to each Rating Agency as a
Permitted Investment hereunder and will not reduce the rating assigned to any Class
of Certificates by such Rating Agency (without giving effect to any Certificate
Policy (as defined in the Series Supplement) in the case of Insured Certificates (as
defined in the Series Supplement) below the lower of the then-current rating assigned
to such Certificates by such Rating Agency, as evidenced in writing;
provided, however, no instrument shall be a Permitted Investment if it represents, either
(1) the right to receive only interest payments with respect to the underlying debt
instrument or (2) the right to receive both principal and interest payments derived from
obligations underlying such instrument and the principal and interest payments with respect
to such instrument provide a yield to maturity greater than 120% of the yield to maturity at
par of such underlying obligations. References herein to the highest rating available on
unsecured long-term debt shall mean AAA in the case of Standard & Poor's and Fitch and Aaa
in the case of Moody's, and for purposes of this Agreement, any references herein to the
highest rating available on unsecured commercial paper and short-term debt obligations shall
mean the following: A-1 in the case of Standard & Poor's, P-1 in the case of Moody's and F-1
in the case of Fitch; provided, however, that any Permitted Investment that is a short-term
debt obligation rated A-1 by Standard & Poor's must satisfy the following additional
conditions: (i) the total amount of debt from A-1 issuers must be limited to the investment
of monthly principal and interest payments (assuming fully amortizing collateral); (ii) the
total amount of A-1 investments must not represent more than 20% of the aggregate
outstanding Certificate Principal Balance of the Certificates and each investment must not
mature beyond 30 days; (iii) the terms of the debt must have a predetermined fixed dollar
amount of principal due at maturity that cannot vary; and (iv) if the investments may be
liquidated prior to their maturity or are being relied on to meet a certain yield, interest
must be tied to a single interest rate index plus a single fixed spread (if any) and must
move proportionately with that index.
Permitted Transferee: Any Transferee of a Class R Certificate, other than a
Disqualified Organization or Non-United States Person.
Person: Any individual, corporation, limited liability company, partnership, joint
venture, association, joint-stock company, trust, unincorporated organization or government
or any agency or political subdivision thereof.
Pledged Amount: With respect to any Pledged Asset Loan, the amount of money remitted
to Combined Collateral LLC, at the direction of or for the benefit of the related Mortgagor.
Pledged Asset Loan: Any Mortgage Loan supported by Pledged Assets or such other
collateral, other than the related Mortgaged Property, set forth in the Series Supplement.
Pledged Assets: With respect to any Mortgage Loan, all money, securities, security
entitlements, accounts, general intangibles, payment intangibles, instruments, documents,
deposit accounts, certificates of deposit, commodities contracts and other investment
property and other property of whatever kind or description pledged by Combined Collateral
LLC as security in respect of any Realized Losses in connection with such Mortgage Loan up
to the Pledged Amount for such Mortgage Loan, and any related collateral, or such other
collateral as may be set forth in the Series Supplement.
Pledged Asset Mortgage Servicing Agreement: The Pledged Asset Mortgage Servicing
Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer.
Pooling and Servicing Agreement or Agreement: With respect to any Series, this
Standard Terms together with the related Series Supplement.
Pool Stated Principal Balance: As to any Distribution Date, the aggregate of the
Stated Principal Balances of each Mortgage Loan.
Pool Strip Rate: With respect to each Mortgage Loan, a per annum rate equal to the
excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b) the Discount Net Mortgage
Rate (but not less than 0.00%) per annum.
Prepayment Distribution Trigger: With respect to any Distribution Date and any Class
of Subordinate Certificates (other than the Class M-1 Certificates), a test that shall be
satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate
Principal Balances of such Class and each Class of Subordinate Certificates with a Lower
Priority than such Class immediately prior to such Distribution Date divided by the
aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties)
immediately prior to such Distribution Date is greater than or equal to the sum of the
related Initial Subordinate Class Percentages of such Classes of Subordinate Certificates.
Prepayment Interest Shortfall: As to any Distribution Date and any Mortgage Loan
(other than a Mortgage Loan relating to an REO Property) that was the subject of (a) a
Principal Prepayment in Full during the portion of the related Prepayment Period that falls
during the prior calendar month, an amount equal to the excess of one month's interest at
the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified Mortgage
Loan) on the Stated Principal Balance of such Mortgage Loan over the amount of interest
(adjusted to the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified
Mortgage Loan)) paid by the Mortgagor for such month to the date of such Principal
Prepayment in Full or (b) a Curtailment during the prior calendar month, an amount equal to
one month's interest at the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of
a Modified Mortgage Loan) on the amount of such Curtailment.
Prepayment Period: As to any Distribution Date and Principal Prepayment in Full, the
period commencing on the 16th day of the month prior to the month in which that Distribution
Date occurs and ending on the 15th day of the month in which such Distribution Date occurs.
Primary Insurance Policy: Each primary policy of mortgage guaranty insurance or any
replacement policy therefor referred to in Section 2.03(b)(iv) and (v).
Principal Only Certificates: A Class of Certificates not entitled to payments of
interest, and more specifically designated as such in the Series Supplement.
Principal Prepayment: Any payment of principal or other recovery on a Mortgage Loan,
including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds,
which is received in advance of its scheduled Due Date and is not accompanied by an amount
as to interest representing scheduled interest on such payment due on any date or dates in
any month or months subsequent to the month of prepayment.
Principal Prepayment in Full: Any Principal Prepayment of the entire principal
balance of a Mortgage Loan that is made by the Mortgagor.
Program Guide: Collectively, the Client Guide and the Servicer Guide for Residential
Funding's Expanded Criteria Mortgage Program.
Purchase Price: With respect to any Mortgage Loan (or REO Property) required to be
or otherwise purchased on any date pursuant to Section 2.02, 2.03, 2.04 or 4.07, an amount
equal to the sum of (i) 100% of the Stated Principal Balance thereof plus the principal
portion of any related unreimbursed Advances and (ii) unpaid accrued interest at the
Adjusted Mortgage Rate (or Modified Net Mortgage Rate plus the rate per annum at which the
Servicing Fee is calculated in the case of a Modified Mortgage Loan) (or at the Net Mortgage
Rate (or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) in the case of
a purchase made by the Master Servicer) on the Stated Principal Balance thereof to the Due
Date in the Due Period related to the Distribution Date occurring in the month following the
month of purchase from the Due Date to which interest was last paid by the Mortgagor.
Qualified Substitute Mortgage Loan: A Mortgage Loan substituted by Residential
Funding or the Company for a Deleted Mortgage Loan which must, on the date of such
substitution, as confirmed in an Officers' Certificate delivered to the Trustee, with a copy
to the Custodian,
(i) have an outstanding principal balance, after deduction of the principal
portion of the monthly payment due in the month of substitution (or in the
case of a substitution of more than one Mortgage Loan for a Deleted Mortgage
Loan, an aggregate outstanding principal balance, after such deduction), not
in excess of the Stated Principal Balance of the Deleted Mortgage Loan (the
amount of any shortfall to be deposited by Residential Funding in the
Custodial Account in the month of substitution);
(ii) have a Mortgage Rate and a Net Mortgage Rate no lower than and not more than
1% per annum higher than the Mortgage Rate and Net Mortgage Rate,
respectively, of the Deleted Mortgage Loan as of the date of substitution;
(iii) have a Loan-to-Value Ratio at the time of substitution no higher than that of
the Deleted Mortgage Loan at the time of substitution;
(iv) have a remaining term to stated maturity not greater than (and not more than
one year less than) that of the Deleted Mortgage Loan;
(v) comply with each representation and warranty set forth in Sections 2.03 and
2.04 hereof and Section 4 of the Assignment Agreement; and
(vi) have a Pool Strip Rate equal to or greater than that of the Deleted Mortgage
Loan.
Notwithstanding any other provisions herein, (x) with respect to any Qualified Substitute
Mortgage Loan substituted for a Deleted Mortgage Loan which was a Discount Mortgage Loan,
such Qualified Substitute Mortgage Loan shall be deemed to be a Discount Mortgage Loan and
to have a Discount Fraction equal to the Discount Fraction of the Deleted Mortgage Loan and
(y) in the event that the "Pool Strip Rate" of any Qualified Substitute Mortgage Loan as
calculated pursuant to the definition of "Pool Strip Rate" is greater than the Pool Strip
Rate of the related Deleted Mortgage Loan
(i) the Pool Strip Rate of such Qualified Substitute Mortgage Loan shall be equal
to the Pool Strip Rate of the related Deleted Mortgage Loan for purposes of
calculating the Pass-Through Rate on the Class A-V Certificates and
(ii) the excess of the Pool Strip Rate on such Qualified Substitute Mortgage Loan
as calculated pursuant to the definition of "Pool Strip Rate" over the Pool
Strip Rate on the related Deleted Mortgage Loan shall be payable to the Class
R Certificates pursuant to Section 4.02 hereof.
Rating Agency: Each of the statistical credit rating agencies specified in the
Preliminary Statement of the Series Supplement. If any agency or a successor is no longer
in existence, "Rating Agency" shall be such statistical credit rating agency, or other
comparable Person, designated by the Company, notice of which designation shall be given to
the Trustee and the Master Servicer.
Realized Loss: With respect to each Mortgage Loan (or REO Property):
(a) as to which a Cash Liquidation or REO Disposition has occurred, an amount (not
less than zero) equal to (i) the Stated Principal Balance of the Mortgage Loan
(or REO Property) as of the date of Cash Liquidation or REO Disposition, plus
(ii) interest (and REO Imputed Interest, if any) at the Net Mortgage Rate from
the Due Date as to which interest was last paid or advanced to
Certificateholders up to the Due Date in the Due Period related to the
Distribution Date on which such Realized Loss will be allocated pursuant to
Section 4.05 on the Stated Principal Balance of such Mortgage Loan (or REO
Property) outstanding during each Due Period that such interest was not paid
or advanced, minus (iii) the proceeds, if any, received during the month in
which such Cash Liquidation (or REO Disposition) occurred, to the extent
applied as recoveries of interest at the Net Mortgage Rate and to principal of
the Mortgage Loan, net of the portion thereof reimbursable to the Master
Servicer or any Subservicer with respect to related Advances, Servicing
Advances or other expenses as to which the Master Servicer or Subservicer is
entitled to reimbursement thereunder but which have not been previously
reimbursed,
(b) which is the subject of a Servicing Modification, (i) (1) the amount by which
the interest portion of a Monthly Payment or the principal balance of such
Mortgage Loan was reduced or (2) the sum of any other amounts owing under the
Mortgage Loan that were forgiven and that constitute Servicing Advances that
are reimbursable to the Master Servicer or a Subservicer, and (ii) any such
amount with respect to a Monthly Payment that was or would have been due in
the month immediately following the month in which a Principal Prepayment or
the Purchase Price of such Mortgage Loan is received or is deemed to have been
received,
(c) which has become the subject of a Deficient Valuation, the difference between
the principal balance of the Mortgage Loan outstanding immediately prior to
such Deficient Valuation and the principal balance of the Mortgage Loan as
reduced by the Deficient Valuation, or
(d) which has become the object of a Debt Service Reduction, the amount of such
Debt Service Reduction.
Notwithstanding the above, neither a Deficient Valuation nor a Debt Service Reduction shall
be deemed a Realized Loss hereunder so long as the Master Servicer has notified the Trustee
in writing that the Master Servicer is diligently pursuing any remedies that may exist in
connection with the representations and warranties made regarding the related Mortgage Loan
and either (A) the related Mortgage Loan is not in default with regard to payments due
thereunder or (B) delinquent payments of principal and interest under the related Mortgage
Loan and any premiums on any applicable primary hazard insurance policy and any related
escrow payments in respect of such Mortgage Loan are being advanced on a current basis by
the Master Servicer or a Subservicer, in either case without giving effect to any Debt
Service Reduction.
To the extent the Master Servicer receives Subsequent Recoveries with respect to any
Mortgage Loan, the amount of the Realized Loss with respect to that Mortgage Loan will be
reduced to the extent such recoveries are applied to reduce the Certificate Principal
Balance of any Class of Certificates on any Distribution Date.
Record Date: With respect to each Distribution Date, the close of business on the
last Business Day of the month next preceding the month in which the related Distribution
Date occurs.
Regular Certificate: Any of the Certificates other than a Class R Certificate.
Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R.
ss.ss.229.1100-229.1123, as such may be amended from time to time, and subject to such
clarification and interpretation as have been provided by the Commission in the adopting
release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506,
1,531 (January 7, 2005)) or by the staff of the Commission, or as may be provided by the
Commission or its staff from time to time.
Reimbursement Amounts: As defined in Section 3.22.
REMIC: A "real estate mortgage investment conduit" within the meaning of Section
860D of the Code.
REMIC Administrator: Residential Funding Corporation. If Residential Funding
Corporation is found by a court of competent jurisdiction to no longer be able to fulfill
its obligations as REMIC Administrator under this Agreement the Master Servicer or Trustee
acting as Master Servicer shall appoint a successor REMIC Administrator, subject to
assumption of the REMIC Administrator obligations under this Agreement.
REMIC Provisions: Provisions of the federal income tax law relating to real estate
mortgage investment conduits, which appear at Sections 860A through 860G of Subchapter M of
Chapter 1 of the Code, and related provisions, and temporary and final regulations (or, to
the extent not inconsistent with such temporary or final regulations, proposed regulations)
and published rulings, notices and announcements promulgated thereunder, as the foregoing
may be in effect from time to time.
REO Acquisition: The acquisition by the Master Servicer on behalf of the Trustee for
the benefit of the Certificateholders of any REO Property pursuant to Section 3.14.
REO Disposition: As to any REO Property, a determination by the Master Servicer that
it has received all Insurance Proceeds, Liquidation Proceeds, REO Proceeds and other
payments and recoveries (including proceeds of a final sale) which the Master Servicer
expects to be finally recoverable from the sale or other disposition of the REO Property.
REO Imputed Interest: As to any REO Property, for any period, an amount equivalent
to interest (at the Net Mortgage Rate that would have been applicable to the related
Mortgage Loan had it been outstanding) on the unpaid principal balance of the Mortgage Loan
as of the date of acquisition thereof for such period.
REO Proceeds: Proceeds, net of expenses, received in respect of any REO Property
(including, without limitation, proceeds from the rental of the related Mortgaged Property
or, with respect to a Cooperative Loan, the related Cooperative Apartment) which proceeds
are required to be deposited into the Custodial Account only upon the related REO
Disposition.
REO Property: A Mortgaged Property acquired by the Master Servicer through
foreclosure or deed in lieu of foreclosure in connection with a defaulted Mortgage Loan.
Reportable Modified Mortgage Loan: Any Mortgage Loan that (i) has been subject to an
interest rate reduction, (ii) has been subject to a term extension or (iii) has had amounts
owing on such Mortgage Loan capitalized by adding such amount to the Stated Principal
Balance of such Mortgage Loan; provided, however, that a Mortgage Loan modified in
accordance with clause (i) above for a temporary period shall not be a Reportable Modified
Mortgage Loan if such Mortgage Loan has not been delinquent in payments of principal and
interest for six months since the date of such modification if that interest rate reduction
is not made permanent thereafter.
Request for Release: A request for release, the forms of which are attached as
Exhibit F hereto, or an electronic request in a form acceptable to the Custodian.
Required Insurance Policy: With respect to any Mortgage Loan, any insurance policy
which is required to be maintained from time to time under this Agreement, the Program Guide
or the related Subservicing Agreement in respect of such Mortgage Loan.
Required Surety Payment: With respect to any Additional Collateral Loan that becomes
a Liquidated Mortgage Loan, the lesser of (i) the principal portion of the Realized Loss
with respect to such Mortgage Loan and (ii) the excess, if any, of (a) the amount of
Additional Collateral required at origination with respect to such Mortgage Loan over (b)
the net proceeds realized by the Subservicer from the related Additional Collateral.
Residential Funding: Residential Funding Corporation, a Delaware corporation, in its
capacity as seller of the Mortgage Loans to the Company and any successor thereto.
Responsible Officer: When used with respect to the Trustee, any officer of the
Corporate Trust Department of the Trustee, including any Senior Vice President, any Vice
President, any Assistant Vice President, any Assistant Secretary, any Trust Officer or
Assistant Trust Officer with particular responsibility for this transaction, or any other
officer of the Trustee customarily performing functions similar to those performed by any of
the above designated officers to whom, with respect to a particular matter, such matter is
referred.
Retail Certificates: A Senior Certificate, if any, offered in smaller minimum
denominations than other Senior Certificates, and designated as such in the Series
Supplement.
Schedule of Discount Fractions: The schedule setting forth the Discount Fractions
with respect to the Discount Mortgage Loans, attached as an exhibit to the Series Supplement.
Securitization Transaction: Any transaction involving a sale or other transfer of
mortgage loans directly or indirectly to an issuing entity in connection with an issuance of
publicly offered or privately placed, rated or unrated mortgage-backed securities.
Security Agreement: With respect to a Cooperative Loan, the agreement creating a
security interest in favor of the originator in the related Cooperative Stock.
Seller: As to any Mortgage Loan, a Person, including any Subservicer, that executed
a Seller's Agreement applicable to such Mortgage Loan.
Seller's Agreement: An agreement for the origination and sale of Mortgage Loans
generally in the form of the Seller Contract referred to or contained in the Program Guide,
or in such other form as has been approved by the Master Servicer and the Company, each
containing representations and warranties in respect of one or more Mortgage Loans
consistent in all material respects with those set forth in the Program Guide.
Senior Accelerated Distribution Percentage: With respect to any Distribution Date
occurring on or prior to the 60th Distribution Date and, with respect to any Mortgage Pool
comprised of two or more Loan Groups, any Loan Group, 100%. With respect to any
Distribution Date thereafter and any such Loan Group, if applicable, as follows:
(i) for any Distribution Date after the 60th Distribution Date but on or prior to the
72nd Distribution Date, the related Senior Percentage for such Distribution Date plus
70% of the related Subordinate Percentage for such Distribution Date;
(ii) for any Distribution Date after the 72nd Distribution Date but on or prior to the
84th Distribution Date, the related Senior Percentage for such Distribution Date plus
60% of the related Subordinate Percentage for such Distribution Date;
(iii) for any Distribution Date after the 84th Distribution Date but on or prior to the
96th Distribution Date, the related Senior Percentage for such Distribution Date plus
40% of the related Subordinate Percentage for such Distribution Date;
(iv) for any Distribution Date after the 96th Distribution Date but on or prior to the
108th Distribution Date, the related Senior Percentage for such Distribution Date
plus 20% of the related Subordinate Percentage for such Distribution Date; and
(v) for any Distribution Date thereafter, the Senior Percentage for such Distribution
Date;
provided, however,
(i) that any scheduled reduction to the Senior Accelerated Distribution Percentage
described above shall not occur as of any Distribution Date unless either
(a)(1)(X) the outstanding principal balance of the Mortgage Loans delinquent
60 days or more (including Mortgage Loans which are in foreclosure, have been
foreclosed or otherwise liquidated, or with respect to which the Mortgagor is in
bankruptcy and any REO Property) averaged over the last six months, as a percentage
of the aggregate outstanding Certificate Principal Balance of the Subordinate
Certificates, is less than 50% or (Y) the outstanding principal balance of Mortgage
Loans delinquent 60 days or more (including Mortgage Loans which are in foreclosure,
have been foreclosed or otherwise liquidated, or with respect to which the Mortgagor
is in bankruptcy and any REO Property) averaged over the last six months, as a
percentage of the aggregate outstanding principal balance of all Mortgage Loans
averaged over the last six months, does not exceed 2% and (2) Realized Losses on the
Mortgage Loans to date for such Distribution Date if occurring during the sixth,
seventh, eighth, ninth or tenth year (or any year thereafter) after the Closing Date
are less than 30%, 35%, 40%, 45% or 50%, respectively, of the sum of the Initial
Certificate Principal Balances of the Subordinate Certificates or
(b)(1) the outstanding principal balance of Mortgage Loans delinquent 60 days
or more (including Mortgage Loans which are in foreclosure, have been foreclosed or
otherwise liquidated, or with respect to which the Mortgagor is in bankruptcy and any
REO Property) averaged over the last six months, as a percentage of the aggregate
outstanding principal balance of all Mortgage Loans averaged over the last six
months, does not exceed 4% and (2) Realized Losses on the Mortgage Loans to date for
such Distribution Date, if occurring during the sixth, seventh, eighth, ninth or
tenth year (or any year thereafter) after the Closing Date are less than 10%, 15%,
20%, 25% or 30%, respectively, of the sum of the Initial Certificate Principal
Balances of the Subordinate Certificates, and
(ii) that for any Distribution Date on which the Senior Percentage is greater than
the Senior Percentage as of the Closing Date, the Senior Accelerated Distribution Percentage
for such Distribution Date shall be 100%, or, if the Mortgage Pool is comprised of two or
more Loan Groups, for any Distribution Date on which the weighted average of the Senior
Percentages for each Loan Group, weighted on the basis of the Stated Principal Balances of
the Mortgage Loans in the related Loan Group (excluding the Discount Fraction of the
Discount Mortgage Loans in such Loan Group) exceeds the weighted average of the initial
Senior Percentages (calculated on such basis) for each Loan Group, each of the Senior
Accelerated Distribution Percentages for such Distribution Date will equal 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal Balances of
the related Senior Certificates (other than the Class A-P Certificates, if any) to zero, the
related Senior Accelerated Distribution Percentage shall thereafter be 0%.
Senior Certificate: As defined in the Series Supplement.
Senior Percentage: As defined in the Series Supplement.
Senior Support Certificate: A Senior Certificate that provides additional credit
enhancement to certain other classes of Senior Certificates and designated as such in the
Preliminary Statement of the Series Supplement.
Series: All of the Certificates issued pursuant to a Pooling and Servicing Agreement
and bearing the same series designation.
Series Supplement: The agreement into which this Standard Terms is incorporated and
pursuant to which, together with this Standard Terms, a Series of Certificates is issued.
Servicing Accounts: The account or accounts created and maintained pursuant to
Section 3.08.
Servicing Criteria: The "servicing criteria" set forth in Item 1122(d) of Regulation
AB, as such may be amended from time to time.
Servicing Advances: All customary, reasonable and necessary "out of pocket" costs
and expenses incurred in connection with a default, delinquency or other unanticipated event
by the Master Servicer or a Subservicer in the performance of its servicing obligations,
including, but not limited to, the cost of (i) the preservation, restoration and protection
of a Mortgaged Property or, with respect to a Cooperative Loan, the related Cooperative
Apartment, (ii) any enforcement or judicial proceedings, including foreclosures, including
any expenses incurred in relation to any such proceedings that result from the Mortgage Loan
being registered on the MERS System, (iii) the management and liquidation of any REO
Property, (iv) any mitigation procedures implemented in accordance with Section 3.07, and
(v) compliance with the obligations under Sections 3.01, 3.08, 3.11, 3.12(a) and 3.14,
including, if the Master Servicer or any Affiliate of the Master Servicer provides services
such as appraisals and brokerage services that are customarily provided by Persons other
than servicers of mortgage loans, reasonable compensation for such services.
Servicing Advance Reimbursement Amounts: As defined in Section 3.22.
Servicing Fee: With respect to any Mortgage Loan and Distribution Date, the fee
payable monthly to the Master Servicer in respect of master servicing compensation that
accrues at an annual rate designated on the Mortgage Loan Schedule as the "MSTR SERV FEE"
for such Mortgage Loan, as may be adjusted with respect to successor Master Servicers as
provided in Section 7.02.
Servicing Modification: Any reduction of the interest rate on or the outstanding
principal balance of a Mortgage Loan, any extension of the final maturity date of a Mortgage
Loan, and any increase to the outstanding principal balance of a Mortgage Loan by adding to
the Stated Principal Balance unpaid principal and interest and other amounts owing under the
Mortgage Loan, in each case pursuant to a modification of a Mortgage Loan that is in
default, or for which, in the judgment of the Master Servicer, default is reasonably
foreseeable in accordance with Section 3.07(a).
Servicing Officer: Any officer of the Master Servicer involved in, or responsible
for, the administration and servicing of the Mortgage Loans whose name and specimen
signature appear on a list of servicing officers furnished to the Trustee by the Master
Servicer, as such list may from time to time be amended.
Special Hazard Loss: Any Realized Loss not in excess of the cost of the lesser of
repair or replacement of a Mortgaged Property (or, with respect to a Cooperative Loan, the
related Cooperative Apartment) suffered by such Mortgaged Property (or Cooperative
Apartment) on account of direct physical loss, exclusive of (i) any loss of a type covered
by a hazard policy or a flood insurance policy required to be maintained in respect of such
Mortgaged Property pursuant to Section 3.12(a), except to the extent of the portion of such
loss not covered as a result of any coinsurance provision and (ii) any Extraordinary Loss.
Standard & Poor's: Standard & Poor's Ratings Services, a division of The XxXxxx-Xxxx
Companies, Inc., or its successor in interest.
Stated Principal Balance: With respect to any Mortgage Loan or related REO Property,
as of any Distribution Date, (i) the sum of (a) the Cut-off Date Principal Balance of the
Mortgage Loan plus (b) any amount by which the Stated Principal Balance of the Mortgage
Loan has been increased pursuant to a Servicing Modification, minus (ii) the sum of (a) the
principal portion of the Monthly Payments due with respect to such Mortgage Loan or REO
Property during each Due Period ending with the Due Period related to the previous
Distribution Date which were received or with respect to which an Advance was made, and (b)
all Principal Prepayments with respect to such Mortgage Loan or REO Property, and all
Insurance Proceeds, Liquidation Proceeds and REO Proceeds, to the extent applied by the
Master Servicer as recoveries of principal in accordance with Section 3.14 with respect to
such Mortgage Loan or REO Property, in each case which were distributed pursuant to Section
4.02 on any previous Distribution Date, and (c) any Realized Loss allocated to
Certificateholders with respect thereto for any previous Distribution Date.
Subclass: With respect to the Class A-V Certificates, any Subclass thereof issued
pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V
REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V
Certificates pursuant to Section 5.01(c).
Subordinate Certificate: Any one of the Class M Certificates or Class B
Certificates, executed by the Trustee and authenticated by the Certificate Registrar
substantially in the form annexed hereto as Exhibit B and Exhibit C, respectively.
Subordinate Class Percentage: With respect to any Distribution Date and any Class of
Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is
the aggregate Certificate Principal Balance of such Class of Subordinate Certificates
immediately prior to such date and the denominator of which is the aggregate Stated
Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the
related Discount Fraction of each Discount Mortgage Loan) immediately prior to such
Distribution Date.
Subordinate Percentage: As of any Distribution Date and, with respect to any Mortgage
Pool comprised of two or more Loan Groups, any Loan Group, 100% minus the related Senior
Percentage as of such Distribution Date.
Subsequent Recoveries: As of any Distribution Date, amounts received by the Master
Servicer (net of any related expenses permitted to be reimbursed pursuant to Section 3.10)
or surplus amounts held by the Master Servicer to cover estimated expenses (including, but
not limited to, recoveries in respect of the representations and warranties made by the
related Seller pursuant to the applicable Seller's Agreement and assigned to the Trustee
pursuant to Section 2.04) specifically related to a Mortgage Loan that was the subject of a
Cash Liquidation or an REO Disposition prior to the related Prepayment Period that resulted
in a Realized Loss.
Subserviced Mortgage Loan: Any Mortgage Loan that, at the time of reference thereto,
is subject to a Subservicing Agreement.
Subservicer: Any Person with whom the Master Servicer has entered into a
Subservicing Agreement and who generally satisfied the requirements set forth in the Program
Guide in respect of the qualification of a Subservicer as of the date of its approval as a
Subservicer by the Master Servicer.
Subservicer Advance: Any delinquent installment of principal and interest on a
Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee)
pursuant to the Subservicing Agreement.
Subservicing Account: An account established by a Subservicer in accordance with
Section 3.08.
Subservicing Agreement: The written contract between the Master Servicer and any
Subservicer relating to servicing and administration of certain Mortgage Loans as provided
in Section 3.02, generally in the form of the servicer contract referred to or contained in
the Program Guide or in such other form as has been approved by the Master Servicer and the
Company. With respect to Additional Collateral Loans subserviced by MLCC, the Subservicing
Agreement shall also include the Addendum and Assignment Agreement and the Pledged Asset
Mortgage Servicing Agreement. With respect to any Pledged Asset Loan subserviced by GMAC
Mortgage Corporation, the Addendum and Assignment Agreement, dated as of November 24, 1998,
between the Master Servicer and GMAC Mortgage Corporation, as such agreement may be amended
from time to time.
Subservicing Fee: As to any Mortgage Loan, the fee payable monthly to the related
Subservicer (or, in the case of a Nonsubserviced Mortgage Loan, to the Master Servicer) in
respect of subservicing and other compensation that accrues at an annual rate equal to the
excess of the Mortgage Rate borne by the related Mortgage Note over the rate per annum
designated on the Mortgage Loan Schedule as the "CURR NET" for such Mortgage Loan.
Successor Master Servicer: As defined in Section 3.22.
Surety: Ambac, or its successors in interest, or such other surety as may be
identified in the Series Supplement.
Surety Bond: The Limited Purpose Surety Bond (Policy No. AB0039BE), dated February
28, 1996 in respect to Mortgage Loans originated by MLCC, or the Surety Bond (Policy No.
AB0240BE), dated March 17, 1999 in respect to Mortgage Loans originated by Novus Financial
Corporation, in each case issued by Ambac for the benefit of certain beneficiaries,
including the Trustee for the benefit of the Holders of the Certificates, but only to the
extent that such Surety Bond covers any Additional Collateral Loans, or such other Surety
Bond as may be identified in the Series Supplement.
Tax Returns: The federal income tax return on Internal Revenue Service Form 1066,
U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q
thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss
Allocation, or any successor forms, to be filed on behalf of any REMIC formed under the
Series Supplement and under the REMIC Provisions, together with any and all other
information, reports or returns that may be required to be furnished to the
Certificateholders or filed with the Internal Revenue Service or any other governmental
taxing authority under any applicable provisions of federal, state or local tax laws.
Transaction Party: As defined in Section 12.02(a).
Transfer: Any direct or indirect transfer, sale, pledge, hypothecation or other form
of assignment of any Ownership Interest in a Certificate.
Transferee: Any Person who is acquiring by Transfer any Ownership Interest in a
Certificate.
Transferor: Any Person who is disposing by Transfer of any Ownership Interest in a
Certificate.
Trust Fund: The segregated pool of assets related to a Series, with respect to which
one or more REMIC elections are to be made pursuant to this Agreement, consisting of:
(i) the Mortgage Loans and the related Mortgage Files and collateral securing such
Mortgage Loans,
(ii) all payments on and collections in respect of the Mortgage Loans due after the
Cut-off Date as shall be on deposit in the Custodial Account or in the Certificate
Account and identified as belonging to the Trust Fund, including the proceeds from
the liquidation of Additional Collateral for any Additional Collateral Loan or
Pledged Assets for any Pledged Asset Loan, but not including amounts on deposit in
the Initial Monthly Payment Fund,
(iii) property that secured a Mortgage Loan and that has been acquired for the benefit of
the Certificateholders by foreclosure or deed in lieu of foreclosure,
(iv) the hazard insurance policies and Primary Insurance Policies, if any, the Pledged
Assets with respect to each Pledged Asset Loan, and the interest in the Surety Bond
transferred to the Trustee pursuant to Section 2.01, and
(v) all proceeds of clauses (i) through (iv) above.
Trustee Information: As specified in Section 12.05(a)(i)(A).
Uninsured Cause: Any cause of damage to property subject to a Mortgage such that the
complete restoration of such property is not fully reimbursable by the hazard insurance
policies.
United States Person or U.S. Person: (i) A citizen or resident of the United States,
(ii) a corporation, partnership or other entity treated as a corporation or partnership for
United States federal income tax purposes organized in or under the laws of the United
States or any state thereof or the District of Columbia (unless, in the case of a
partnership, Treasury regulations provide otherwise), provided that, for purposes solely of
the restrictions on the transfer of residual interests, no partnership or other entity
treated as a partnership for United States federal income tax purposes shall be treated as a
United States Person or U.S. Person unless all persons that own an interest in such
partnership either directly or indirectly through any chain of entities no one of which is a
corporation for United States federal income tax purposes are required by the applicable
operating agreement to be United States Persons, (iii) an estate the income of which is
includible in gross income for United States tax purposes, regardless of its source, or (iv)
a trust if a court within the United States is able to exercise primary supervision over the
administration of the trust and one or more United States persons have authority to control
all substantial decisions of the trust. Notwithstanding the preceding sentence, to the
extent provided in Treasury regulations, certain Trusts in existence on August 20, 1996, and
treated as United States persons prior to such date, that elect to continue to be treated as
United States persons will also be a U.S. Person.
U.S.A. Patriot Act: Uniting and Strengthening America by Providing Appropriate Tools
to Intercept and Obstruct Terrorism Act of 2001, as amended.
Voting Rights: The portion of the voting rights of all of the Certificates which is
allocated to any Certificate, and more specifically designated in Article XI of the Series
Supplement.
Section 1.02. Use of Words and Phrases.
"Herein," "hereby," "hereunder," `hereof," "hereinbefore," "hereinafter" and other
equivalent words refer to the Pooling and Servicing Agreement as a whole. All references
herein to Articles, Sections or Subsections shall mean the corresponding Articles, Sections
and Subsections in the Pooling and Servicing Agreement. The definitions set forth herein
include both the singular and the plural.
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01. Conveyance of Mortgage Loans.
(a) The Company, concurrently with the execution and delivery hereof, does hereby assign
to the Trustee for the benefit of the Certificateholders without recourse all the right,
title and interest of the Company in and to the Mortgage Loans, including all interest and
principal received on or with respect to the Mortgage Loans after the Cut-off Date (other
than payments of principal and interest due on the Mortgage Loans in the month of the
Cut-off Date). In connection with such transfer and assignment, the Company does hereby
deliver to the Trustee the Certificate Policy (as defined in the Series Supplement), if any
for the benefit of the Holders of the Insured Certificates (as defined in the Series
Supplement).
(b) In connection with such assignment, except as set forth in Section 2.01(c) and
subject to Section 2.01(d) below, the Company does hereby deliver to, and deposit with, the
Trustee, or to and with one or more Custodians, as the duly appointed agent or agents of the
Trustee for such purpose, the following documents or instruments (or copies thereof as
permitted by this Section) (I) with respect to each Mortgage Loan so assigned (other than a
Cooperative Loan):
(i) The original Mortgage Note, endorsed without recourse in blank or to the order of the
Trustee, and showing an unbroken chain of endorsements from the originator thereof to
the Person endorsing it to the Trustee, or with respect to any Destroyed Mortgage
Note, an original lost note affidavit from the related Seller or Residential Funding
stating that the original Mortgage Note was lost, misplaced or destroyed, together
with a copy of the related Mortgage Note;
(ii) The original Mortgage, noting the presence of the MIN of the Mortgage Loan and
language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan is a
MOM Loan, with evidence of recording indicated thereon or a copy of the Mortgage with
evidence of recording indicated thereon;
(iii) Unless the Mortgage Loan is registered on the MERS(R)System, an original Assignment of
the Mortgage to the Trustee with evidence of recording indicated thereon or a copy of
such assignment with evidence of recording indicated thereon;
(iv) The original recorded assignment or assignments of the Mortgage showing an unbroken
chain of title from the originator thereof to the Person assigning it to the Trustee
(or to MERS, if the Mortgage Loan is registered on the MERS(R)System and noting the
presence of a MIN) with evidence of recordation noted thereon or attached thereto, or
a copy of such assignment or assignments of the Mortgage with evidence of recording
indicated thereon; and
(v) The original of each modification, assumption agreement or preferred loan agreement,
if any, relating to such Mortgage Loan or a copy of each modification, assumption
agreement or preferred loan agreement.
and (II) with respect to each Cooperative Loan so assigned:
(i) The original Mortgage Note, endorsed without recourse to the order of the Trustee and
showing an unbroken chain of endorsements from the originator thereof to the Person
endorsing it to the Trustee, or with respect to any Destroyed Mortgage Note, an
original lost note affidavit from the related Seller or Residential Funding stating
that the original Mortgage Note was lost, misplaced or destroyed, together with a
copy of the related Mortgage Note;
(ii) A counterpart of the Cooperative Lease and the Assignment of Proprietary Lease to the
originator of the Cooperative Loan with intervening assignments showing an unbroken
chain of title from such originator to the Trustee;
(iii) The related Cooperative Stock Certificate, representing the related Cooperative Stock
pledged with respect to such Cooperative Loan, together with an undated stock power
(or other similar instrument) executed in blank;
(iv) The original recognition agreement by the Cooperative of the interests of the
mortgagee with respect to the related Cooperative Loan;
(v) The Security Agreement;
(vi) Copies of the original UCC-1 financing statement, and any continuation statements,
filed by the originator of such Cooperative Loan as secured party, each with evidence
of recording thereof, evidencing the interest of the originator under the Security
Agreement and the Assignment of Proprietary Lease;
(vii) Copies of the filed UCC-3 assignments of the security interest referenced in clause
(vi) above showing an unbroken chain of title from the originator to the Trustee,
each with evidence of recording thereof, evidencing the interest of the originator
under the Security Agreement and the Assignment of Proprietary Lease;
(viii) An executed assignment of the interest of the originator in the Security Agreement,
Assignment of Proprietary Lease and the recognition agreement referenced in clause
(iv) above, showing an unbroken chain of title from the originator to the Trustee;
(ix) The original of each modification, assumption agreement or preferred loan agreement,
if any, relating to such Cooperative Loan; and
(x) A duly completed UCC-1 financing statement showing the Master Servicer as debtor, the
Company as secured party and the Trustee as assignee and a duly completed UCC-1
financing statement showing the Company as debtor and the Trustee as secured party,
each in a form sufficient for filing, evidencing the interest of such debtors in the
Cooperative Loans.
(c) The Company may, in lieu of delivering the original of the documents set forth in
Section 2.01(b)(I)(ii), (iii), (iv) and (v) and Section (b)(II)(ii), (iv), (vii), (ix) and
(x) (or copies thereof as permitted by Section 2.01(b)) to the Trustee or the Custodian or
Custodians, deliver such documents to the Master Servicer, and the Master Servicer shall
hold such documents in trust for the use and benefit of all present and future
Certificateholders until such time as is set forth in the next sentence. Within thirty
Business Days following the earlier of (i) the receipt of the original of all of the
documents or instruments set forth in Section 2.01(b)(I)(ii), (iii), (iv) and (v) and
Section (b)(II)(ii), (iv), (vii), (ix) and (x) (or copies thereof as permitted by such
Section) for any Mortgage Loan and (ii) a written request by the Trustee to deliver those
documents with respect to any or all of the Mortgage Loans then being held by the Master
Servicer, the Master Servicer shall deliver a complete set of such documents to the Trustee
or the Custodian or Custodians that are the duly appointed agent or agents of the Trustee.
The parties hereto agree that it is not intended that any Mortgage Loan be included
in the Trust Fund that is either (i) a "High-Cost Home Loan" as defined in the New Jersey
Home Ownership Act effective November 27, 2003, (ii) a "High-Cost Home Loan" as defined in
the New Mexico Home Loan Protection Act effective January 1, 2004, (iii) a "High Cost Home
Mortgage Loan" as defined in the Massachusetts Predatory Home Loan Practices Act effective
November 7, 2004 or (iv) a "High-Cost Home Loan" as defined in the Indiana House Enrolled
Act No. 1229, effective as of January 1, 2005.
(d) Notwithstanding the provisions of Section 2.01(c), in connection with any Mortgage
Loan, if the Company cannot deliver the original of the Mortgage, any assignment,
modification, assumption agreement or preferred loan agreement (or copy thereof as permitted
by Section 2.01(b)) with evidence of recording thereon concurrently with the execution and
delivery of this Agreement because of (i) a delay caused by the public recording office
where such Mortgage, assignment, modification, assumption agreement or preferred loan
agreement as the case may be, has been delivered for recordation, or (ii) a delay in the
receipt of certain information necessary to prepare the related assignments, the Company
shall deliver or cause to be delivered to the Trustee or the respective Custodian a copy of
such Mortgage, assignment, modification, assumption agreement or preferred loan agreement.
The Company shall promptly cause to be recorded in the appropriate public office for
real property records the Assignment referred to in clause (I)(iii) of Section 2.01(b),
except (a) in states where, in the opinion of counsel acceptable to the Trustee and the
Master Servicer, such recording is not required to protect the Trustee's interests in the
Mortgage Loan against the claim of any subsequent transferee or any successor to or creditor
of the Company or the originator of such Mortgage Loan or (b) if MERS is identified on the
Mortgage or on a properly recorded assignment of the Mortgage as the mortgagee of record
solely as nominee for the Seller and its successors and assigns, and shall promptly cause to
be filed the Form UCC-3 assignment and UCC-1 financing statement referred to in clause
(II)(vii) and (x), respectively, of Section 2.01(b). If any Assignment, Form UCC-3 or Form
UCC-1, as applicable, is lost or returned unrecorded to the Company because of any defect
therein, the Company shall prepare a substitute Assignment, Form UCC-3 or Form UCC-1, as
applicable, or cure such defect, as the case may be, and cause such Assignment to be
recorded in accordance with this paragraph. The Company shall promptly deliver or cause to
be delivered to the Trustee or the respective Custodian such Mortgage or Assignment or Form
UCC-3 or Form UCC-1, as applicable, (or copy thereof as permitted by Section 2.01(b)) with
evidence of recording indicated thereon at the time specified in Section 2.01(c). In
connection with its servicing of Cooperative Loans, the Master Servicer will use its best
efforts to file timely continuation statements with regard to each financing statement and
assignment relating to Cooperative Loans as to which the related Cooperative Apartment is
located outside of the State of New York.
If the Company delivers to the Trustee or Custodian any Mortgage Note or Assignment
of Mortgage in blank, the Company shall, or shall cause the Custodian to, complete the
endorsement of the Mortgage Note and the Assignment of Mortgage in the name of the Trustee
in conjunction with the Interim Certification issued by the Custodian, as contemplated by
Section 2.02.
Any of the items set forth in Sections 2.01(b)(I)(ii), (iii), (iv) and (v) and
(II)(vi) and (vii) and that may be delivered as a copy rather than the original may be
delivered to the Trustee or the Custodian.
In connection with the assignment of any Mortgage Loan registered on the MERS(R)
System, the Company further agrees that it will cause, at the Company's own expense, within
30 Business Days after the Closing Date, the MERS(R)System to indicate that such Mortgage
Loans have been assigned by the Company to the Trustee in accordance with this Agreement for
the benefit of the Certificateholders by including (or deleting, in the case of Mortgage
Loans which are repurchased in accordance with this Agreement) in such computer files (a)
the code in the field which identifies the specific Trustee and (b) the code in the field
"Pool Field" which identifies the series of the Certificates issued in connection with such
Mortgage Loans. The Company further agrees that it will not, and will not permit the Master
Servicer to, and the Master Servicer agrees that it will not, alter the codes referenced in
this paragraph with respect to any Mortgage Loan during the term of this Agreement unless
and until such Mortgage Loan is repurchased in accordance with the terms of this Agreement.
(e) Residential Funding hereby assigns to the Trustee its security interest in and to any
Additional Collateral or Pledged Assets, its right to receive amounts due or to become due
in respect of any Additional Collateral or Pledged Assets pursuant to the related
Subservicing Agreement and its rights as beneficiary under the Surety Bond in respect of any
Additional Collateral Loans. With respect to any Additional Collateral Loan or Pledged
Asset Loan, Residential Funding shall cause to be filed in the appropriate recording office
a UCC-3 statement giving notice of the assignment of the related security interest to the
Trust Fund and shall thereafter cause the timely filing of all necessary continuation
statements with regard to such financing statements.
(f) It is intended that the conveyance by the Company to the Trustee of the Mortgage
Loans as provided for in this Section 2.01 be and the Uncertificated REMIC Regular
Interests, if any (as provided for in Section 2.06), be construed as a sale by the Company
to the Trustee of the Mortgage Loans and any Uncertificated REMIC Regular Interests for the
benefit of the Certificateholders. Further, it is not intended that such conveyance be
deemed to be a pledge of the Mortgage Loans and any Uncertificated REMIC Regular Interests
by the Company to the Trustee to secure a debt or other obligation of the Company.
Nonetheless, (a) this Agreement is intended to be and hereby is a security agreement within
the meaning of Articles 8 and 9 of the New York Uniform Commercial Code and the Uniform
Commercial Code of any other applicable jurisdiction; (b) the conveyance provided for in
Section 2.01 shall be deemed to be, and hereby is, (1) a grant by the Company to the Trustee
of a security interest in all of the Company's right (including the power to convey title
thereto), title and interest, whether now owned or hereafter acquired, in and to any and all
general intangibles, payment intangibles, accounts, chattel paper, instruments, documents,
money, deposit accounts, certificates of deposit, goods, letters of credit, advices of
credit and investment property and other property of whatever kind or description now
existing or hereafter acquired consisting of, arising from or relating to any of the
following: (A) the Mortgage Loans, including (i) with respect to each Cooperative Loan, the
related Mortgage Note, Security Agreement, Assignment of Proprietary Lease, Cooperative
Stock Certificate and Cooperative Lease, (ii) with respect to each Mortgage Loan other than
a Cooperative Loan, the related Mortgage Note and Mortgage, and (iii) any insurance policies
and all other documents in the related Mortgage File, (B) all amounts payable pursuant to
the Mortgage Loans in accordance with the terms thereof, (C) any Uncertificated REMIC
Regular Interests and (D) all proceeds of the conversion, voluntary or involuntary, of the
foregoing into cash, instruments, securities or other property, including without limitation
all amounts from time to time held or invested in the Certificate Account or the Custodial
Account, whether in the form of cash, instruments, securities or other property and (2) an
assignment by the Company to the Trustee of any security interest in any and all of
Residential Funding's right (including the power to convey title thereto), title and
interest, whether now owned or hereafter acquired, in and to the property described in the
foregoing clauses (1)(A), (B), (C) and (D) granted by Residential Funding to the Company
pursuant to the Assignment Agreement; (c) the possession by the Trustee, the Custodian or
any other agent of the Trustee of Mortgage Notes or such other items of property as
constitute instruments, money, payment intangibles, negotiable documents, goods, deposit
accounts, letters of credit, advices of credit, investment property, certificated securities
or chattel paper shall be deemed to be "possession by the secured party," or possession by a
purchaser or a person designated by such secured party, for purposes of perfecting the
security interest pursuant to the Minnesota Uniform Commercial Code and the Uniform
Commercial Code of any other applicable jurisdiction as in effect (including, without
limitation, Sections 8-106, 9-313, 9-314 and 9-106 thereof); and (d) notifications to
persons holding such property, and acknowledgments, receipts or confirmations from persons
holding such property, shall be deemed notifications to, or acknowledgments, receipts or
confirmations from, securities intermediaries, bailees or agents of, or persons holding for
(as applicable) the Trustee for the purpose of perfecting such security interest under
applicable law.
The Company and, at the Company's direction, Residential Funding and the Trustee
shall, to the extent consistent with this Agreement, take such reasonable actions as may be
necessary to ensure that, if this Agreement were determined to create a security interest in
the Mortgage Loans, any Uncertificated REMIC Regular Interests and the other property
described above, such security interest would be determined to be a perfected security
interest of first priority under applicable law and will be maintained as such throughout
the term of this Agreement. Without limiting the generality of the foregoing, the Company
shall prepare and deliver to the Trustee not less than 15 days prior to any filing date and,
the Trustee shall forward for filing, or shall cause to be forwarded for filing, at the
expense of the Company, all filings necessary to maintain the effectiveness of any original
filings necessary under the Uniform Commercial Code as in effect in any jurisdiction to
perfect the Trustee's security interest in or lien on the Mortgage Loans and any
Uncertificated REMIC Regular Interests, as evidenced by an Officers' Certificate of the
Company, including without limitation (x) continuation statements, and (y) such other
statements as may be occasioned by (1) any change of name of Residential Funding, the
Company or the Trustee (such preparation and filing shall be at the expense of the Trustee,
if occasioned by a change in the Trustee's name), (2) any change of type or jurisdiction of
organization of Residential Funding or the Company, (3) any transfer of any interest of
Residential Funding or the Company in any Mortgage Loan or (4) any transfer of any interest
of Residential Funding or the Company in any Uncertificated REMIC Regular Interest.
(g) The Master Servicer hereby acknowledges the receipt by it of the Initial Monthly
Payment Fund. The Master Servicer shall hold such Initial Monthly Payment Fund in the
Custodial Account and shall include such Initial Monthly Payment Fund in the Available
Distribution Amount for the initial Distribution Date. Notwithstanding anything herein to
the contrary, the Initial Monthly Payment Fund shall not be an asset of any REMIC. To the
extent that the Initial Monthly Payment Fund constitutes a reserve fund for federal income
tax purposes, (1) it shall be an outside reserve fund and not an asset of any REMIC, (2) it
shall be owned by the Seller and (3) amounts transferred by any REMIC to the Initial Monthly
Payment Fund shall be treated as transferred to the Seller or any successor, all within the
meaning of Section 1.860G-2(h) of the Treasury Regulations.
(h) The Company agrees that the sale of each Pledged Asset Loan pursuant to this
Agreement will also constitute the assignment, sale, setting-over, transfer and conveyance
to the Trustee, without recourse (but subject to the Company's covenants, representations
and warranties specifically provided herein), of all of the Company's obligations and all of
the Company's right, title and interest in, to and under, whether now existing or hereafter
acquired as owner of the Mortgage Loan with respect to any and all money, securities,
security entitlements, accounts, general intangibles, payment intangibles, instruments,
documents, deposit accounts, certificates of deposit, commodities contracts, and other
investment property and other property of whatever kind or description consisting of,
arising from or related to (i) the Assigned Contracts, (ii) all rights, powers and remedies
of the Company as owner of such Mortgage Loan under or in connection with the Assigned
Contracts, whether arising under the terms of such Assigned Contracts, by statute, at law or
in equity, or otherwise arising out of any default by the Mortgagor under or in connection
with the Assigned Contracts, including all rights to exercise any election or option or to
make any decision or determination or to give or receive any notice, consent, approval or
waiver thereunder, (iii) the Pledged Amounts and all money, securities, security
entitlements, accounts, general intangibles, payment intangibles, instruments, documents,
deposit accounts, certificates of deposit, commodities contracts, and other investment
property and other property of whatever kind or description and all cash and non-cash
proceeds of the sale, exchange, or redemption of, and all stock or conversion rights, rights
to subscribe, liquidation dividends or preferences, stock dividends, rights to interest,
dividends, earnings, income, rents, issues, profits, interest payments or other
distributions of cash or other property that secures a Pledged Asset Loan, (iv) all
documents, books and records concerning the foregoing (including all computer programs,
tapes, disks and related items containing any such information) and (v) all insurance
proceeds (including proceeds from the Federal Deposit Insurance Corporation or the
Securities Investor Protection Corporation or any other insurance company) of any of the
foregoing or replacements thereof or substitutions therefor, proceeds of proceeds and the
conversion, voluntary or involuntary, of any thereof. The foregoing transfer, sale,
assignment and conveyance does not constitute and is not intended to result in the creation,
or an assumption by the Trustee, of any obligation of the Company, or any other person in
connection with the Pledged Assets or under any agreement or instrument relating thereto,
including any obligation to the Mortgagor, other than as owner of the Mortgage Loan.
Section 2.02. Acceptance by Trustee.
The Trustee acknowledges receipt (or, with respect to Mortgage Loans subject to a
Custodial Agreement, and based solely upon a receipt or certification executed by the
Custodian, receipt by the respective Custodian as the duly appointed agent of the Trustee)
of the documents referred to in Section 2.01(b)(i) above (except that for purposes of such
acknowledgement only, a Mortgage Note may be endorsed in blank) and declares that it, or a
Custodian as its agent, holds and will hold such documents and the other documents
constituting a part of the Mortgage Files delivered to it, or a Custodian as its agent, and
the rights of Residential Funding with respect to any Pledged Assets, Additional Collateral
and the Surety Bond assigned to the Trustee pursuant to Section 2.01, in trust for the use
and benefit of all present and future Certificateholders. The Trustee or Custodian (such
Custodian being so obligated under a Custodial Agreement) agrees, for the benefit of
Certificateholders, to review each Mortgage File delivered to it pursuant to Section 2.01(b)
within 45 days after the Closing Date to ascertain that all required documents (specifically
as set forth in Section 2.01(b)), have been executed and received, and that such documents
relate to the Mortgage Loans identified on the Mortgage Loan Schedule, as supplemented, that
have been conveyed to it, and to deliver to the Trustee a certificate (the "Interim
Certification") to the effect that all documents required to be delivered pursuant to
Section 2.01(b) above have been executed and received and that such documents relate to the
Mortgage Loans identified on the Mortgage Loan Schedule, except for any exceptions listed on
Schedule A attached to such Interim Certification. Upon delivery of the Mortgage Files by
the Company or the Master Servicer, the Trustee shall acknowledge receipt (or, with respect
to Mortgage Loans subject to a Custodial Agreement, and based solely upon a receipt or
certification executed by the Custodian, receipt by the respective Custodian as the duly
appointed agent of the Trustee) of the documents referred to in Section 2.01(c) above.
If the Custodian, as the Trustee's agent, finds any document or documents
constituting a part of a Mortgage File to be missing or defective, the Trustee shall
promptly so notify the Master Servicer and the Company. Pursuant to Section 2.3 of the
Custodial Agreement, the Custodian will notify the Master Servicer, the Company and the
Trustee of any such omission or defect found by it in respect of any Mortgage File held by
it in respect of the items reviewed by it pursuant to the Custodial Agreement. If such
omission or defect materially and adversely affects the interests of the Certificateholders,
the Master Servicer shall promptly notify Residential Funding of such omission or defect and
request Residential Funding to correct or cure such omission or defect within 60 days from
the date the Master Servicer was notified of such omission or defect and, if Residential
Funding does not correct or cure such omission or defect within such period, require
Residential Funding to purchase such Mortgage Loan from the Trust Fund at its Purchase
Price, within 90 days from the date the Master Servicer was notified of such omission or
defect; provided that if the omission or defect would cause the Mortgage Loan to be other
than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure or
repurchase must occur within 90 days from the date such breach was discovered. The Purchase
Price for any such Mortgage Loan shall be deposited by the Master Servicer in the Custodial
Account maintained by it pursuant to Section 3.07 and, upon receipt by the Trustee of
written notification of such deposit signed by a Servicing Officer, the Trustee or any
Custodian, as the case may be, shall release to Residential Funding the related Mortgage
File and the Trustee shall execute and deliver such instruments of transfer or assignment
prepared by the Master Servicer, in each case without recourse, as shall be necessary to
vest in Residential Funding or its designee any Mortgage Loan released pursuant hereto and
thereafter such Mortgage Loan shall not be part of the Trust Fund. It is understood and
agreed that the obligation of Residential Funding to so cure or purchase any Mortgage Loan
as to which a material and adverse defect in or omission of a constituent document exists
shall constitute the sole remedy respecting such defect or omission available to
Certificateholders or the Trustee on behalf of the Certificateholders.
Section 2.03. Representations, Warranties and Covenants
of the Master Servicer and the Company.
(a) The Master Servicer hereby represents and warrants to the Trustee for the benefit of
the Certificateholders that:
(i) The Master Servicer is a corporation duly organized, validly existing and in good
standing under the laws governing its creation and existence and is or will be in
compliance with the laws of each state in which any Mortgaged Property is located to
the extent necessary to ensure the enforceability of each Mortgage Loan in accordance
with the terms of this Agreement;
(ii) The execution and delivery of this Agreement by the Master Servicer and its
performance and compliance with the terms of this Agreement will not violate the
Master Servicer's Certificate of Incorporation or Bylaws or constitute a material
default (or an event which, with notice or lapse of time, or both, would constitute a
material default) under, or result in the material breach of, any material contract,
agreement or other instrument to which the Master Servicer is a party or which may be
applicable to the Master Servicer or any of its assets;
(iii) This Agreement, assuming due authorization, execution and delivery by the Trustee and
the Company, constitutes a valid, legal and binding obligation of the Master
Servicer, enforceable against it in accordance with the terms hereof subject to
applicable bankruptcy, insolvency, reorganization, moratorium and other laws
affecting the enforcement of creditors' rights generally and to general principles of
equity, regardless of whether such enforcement is considered in a proceeding in
equity or at law;
(iv) The Master Servicer is not in default with respect to any order or decree of any
court or any order, regulation or demand of any federal, state, municipal or
governmental agency, which default might have consequences that would materially and
adversely affect the condition (financial or other) or operations of the Master
Servicer or its properties or might have consequences that would materially adversely
affect its performance hereunder;
(v) No litigation is pending or, to the best of the Master Servicer's knowledge,
threatened against the Master Servicer which would prohibit its entering into this
Agreement or performing its obligations under this Agreement;
(vi) The Master Servicer will comply in all material respects in the performance of this
Agreement with all reasonable rules and requirements of each insurer under each
Required Insurance Policy;
(vii) No information, certificate of an officer, statement furnished in writing or report
delivered to the Company, any Affiliate of the Company or the Trustee by the Master
Servicer will, to the knowledge of the Master Servicer, contain any untrue statement
of a material fact or omit a material fact necessary to make the information,
certificate, statement or report not misleading;
(viii) The Master Servicer has examined each existing, and will examine each new,
Subservicing Agreement and is or will be familiar with the terms thereof. The terms
of each existing Subservicing Agreement and each designated Subservicer are
acceptable to the Master Servicer and any new Subservicing Agreements will comply
with the provisions of Section 3.02; and
(ix) The Master Servicer is a member of MERS in good standing, and will comply in all
material respects with the rules and procedures of MERS in connection with the
servicing of the Mortgage Loans that are registered with MERS.
It is understood and agreed that the representations and warranties set forth in this
Section 2.03(a) shall survive delivery of the respective Mortgage Files to the Trustee or
any Custodian.
Upon discovery by either the Company, the Master Servicer, the Trustee or any
Custodian of a breach of any representation or warranty set forth in this Section 2.03(a)
which materially and adversely affects the interests of the Certificateholders in any
Mortgage Loan, the party discovering such breach shall give prompt written notice to the
other parties (any Custodian being so obligated under a Custodial Agreement). Within 90
days of its discovery or its receipt of notice of such breach, the Master Servicer shall
either (i) cure such breach in all material respects or (ii) to the extent that such breach
is with respect to a Mortgage Loan or a related document, purchase such Mortgage Loan from
the Trust Fund at the Purchase Price and in the manner set forth in Section 2.02; provided
that if the omission or defect would cause the Mortgage Loan to be other than a "qualified
mortgage" as defined in Section 860G(a)(3) of the Code, any such cure or repurchase must
occur within 90 days from the date such breach was discovered. The obligation of the Master
Servicer to cure such breach or to so purchase such Mortgage Loan shall constitute the sole
remedy in respect of a breach of a representation and warranty set forth in this Section
2.03(a) available to the Certificateholders or the Trustee on behalf of the
Certificateholders.
(b) Representations and warranties relating to the Mortgage Loans are set forth in
Section 2.03(b) of the Series Supplement.
Section 2.04. Representations and Warranties of Residential Funding.
The Company, as assignee of Residential Funding under the Assignment Agreement,
hereby assigns to the Trustee for the benefit of Certificateholders all of its right, title
and interest in respect of the Assignment Agreement applicable to a Mortgage Loan. Insofar
as the Assignment Agreement relates to the representations and warranties made by
Residential Funding in respect of such Mortgage Loan and any remedies provided thereunder
for any breach of such representations and warranties, such right, title and interest may be
enforced by the Master Servicer on behalf of the Trustee and the Certificateholders. Upon
the discovery by the Company, the Master Servicer, the Trustee or any Custodian of a breach
of any of the representations and warranties made in the Assignment Agreement (which, for
purposes hereof, will be deemed to include any other cause giving rise to a repurchase
obligation under the Assignment Agreement) in respect of any Mortgage Loan which materially
and adversely affects the interests of the Certificateholders in such Mortgage Loan, the
party discovering such breach shall give prompt written notice to the other parties (any
Custodian being so obligated under a Custodial Agreement). The Master Servicer shall
promptly notify Residential Funding of such breach and request that Residential Funding
either (i) cure such breach in all material respects within 90 days from the date the Master
Servicer was notified of such breach or (ii) purchase such Mortgage Loan from the Trust Fund
at the Purchase Price and in the manner set forth in Section 2.02; provided that Residential
Funding shall have the option to substitute a Qualified Substitute Mortgage Loan or Loans
for such Mortgage Loan if such substitution occurs within two years following the Closing
Date; provided that if the breach would cause the Mortgage Loan to be other than a
"qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure, repurchase
or substitution must occur within 90 days from the date the breach was discovered. If a
breach of the Compliance With Laws Representation has given rise to the obligation to
repurchase or substitute a Mortgage Loan pursuant to Section 4 of the Assignment Agreement,
then the Master Servicer shall request that Residential Funding pay to the Trust Fund,
concurrently with and in addition to the remedies provided in the preceding sentence, an
amount equal to any liability, penalty or expense that was actually incurred and paid out of
or on behalf of the Trust Fund, and that directly resulted from such breach, or if incurred
and paid by the Trust Fund thereafter, concurrently with such payment. In the event that
Residential Funding elects to substitute a Qualified Substitute Mortgage Loan or Loans for a
Deleted Mortgage Loan pursuant to this Section 2.04, Residential Funding shall deliver to
the Trustee or the Custodian for the benefit of the Certificateholders with respect to such
Qualified Substitute Mortgage Loan or Loans, the original Mortgage Note, the Mortgage, an
Assignment of the Mortgage in recordable form, if required pursuant to Section 2.01, and
such other documents and agreements as are required by Section 2.01, with the Mortgage Note
endorsed as required by Section 2.01. No substitution will be made in any calendar month
after the Determination Date for such month. Monthly Payments due with respect to Qualified
Substitute Mortgage Loans in the month of substitution shall not be part of the Trust Fund
and will be retained by the Master Servicer and remitted by the Master Servicer to
Residential Funding on the next succeeding Distribution Date. For the month of
substitution, distributions to the Certificateholders will include the Monthly Payment due
on a Deleted Mortgage Loan for such month and thereafter Residential Funding shall be
entitled to retain all amounts received in respect of such Deleted Mortgage Loan. The Master
Servicer shall amend or cause to be amended the Mortgage Loan Schedule, and, if the Deleted
Mortgage Loan was a Discount Mortgage Loan, the Schedule of Discount Fractions, for the
benefit of the Certificateholders to reflect the removal of such Deleted Mortgage Loan and
the substitution of the Qualified Substitute Mortgage Loan or Loans and the Master Servicer
shall deliver the amended Mortgage Loan Schedule, and, if the Deleted Mortgage Loan was a
Discount Mortgage Loan, the amended Schedule of Discount Fractions, to the Trustee. Upon
such substitution, the Qualified Substitute Mortgage Loan or Loans shall be subject to the
terms of this Agreement and the related Subservicing Agreement in all respects, Residential
Funding shall be deemed to have made the representations and warranties with respect to the
Qualified Substitute Mortgage Loan contained in the related Assignment Agreement, and the
Company and the Master Servicer shall be deemed to have made with respect to any Qualified
Substitute Mortgage Loan or Loans, as of the date of substitution, the covenants,
representations and warranties set forth in this Section 2.04, in Section 2.03 hereof and in
Section 4 of the Assignment Agreement, and the Master Servicer shall be obligated to
repurchase or substitute for any Qualified Substitute Mortgage Loan as to which a Repurchase
Event (as defined in the Assignment Agreement) has occurred pursuant to Section 4 of the
Assignment Agreement.
In connection with the substitution of one or more Qualified Substitute Mortgage
Loans for one or more Deleted Mortgage Loans, the Master Servicer will determine the amount
(if any) by which the aggregate principal balance of all such Qualified Substitute Mortgage
Loans as of the date of substitution is less than the aggregate Stated Principal Balance of
all such Deleted Mortgage Loans (in each case after application of the principal portion of
the Monthly Payments due in the month of substitution that are to be distributed to the
Certificateholders in the month of substitution). Residential Funding shall deposit the
amount of such shortfall into the Custodial Account on the day of substitution, without any
reimbursement therefor. Residential Funding shall give notice in writing to the Trustee of
such event, which notice shall be accompanied by an Officers' Certificate as to the
calculation of such shortfall and (subject to Section 10.01(f)) by an Opinion of Counsel to
the effect that such substitution will not cause (a) any federal tax to be imposed on the
Trust Fund, including without limitation, any federal tax imposed on "prohibited
transactions" under Section 860F(a)(1) of the Code or on "contributions after the startup
date" under Section 860G(d)(1) of the Code or (b) any portion of any REMIC to fail to qualify
as such at any time that any Certificate is outstanding.
It is understood and agreed that the obligation of Residential Funding to cure such
breach or purchase, or to substitute for, a Mortgage Loan as to which such a breach has
occurred and is continuing and to make any additional payments required under the Assignment
Agreement in connection with a breach of the Compliance With Laws Representation shall
constitute the sole remedy respecting such breach available to the Certificateholders or the
Trustee on behalf of Certificateholders. If the Master Servicer is Residential Funding,
then the Trustee shall also have the right to give the notification and require the purchase
or substitution provided for in the second preceding paragraph in the event of such a breach
of a representation or warranty made by Residential Funding in the Assignment Agreement. In
connection with the purchase of or substitution for any such Mortgage Loan by Residential
Funding, the Trustee shall assign to Residential Funding all of the Trustee's right, title
and interest in respect of the Assignment Agreement applicable to such Mortgage Loan.
Section 2.05. Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I Certificates.
As provided in Section 2.05 of the Series Supplement.
Section 2.06. Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee.
As provided in Section 2.06 of the Series Supplement.
Section 2.07. Issuance of Certificates Evidencing Interests in REMIC II.
As provided in Section 2.07 of the Series Supplement.
Section 2.08. Purposes and Powers of the Trust.
The purpose of the trust, as created hereunder, is to engage in the following
activities:
(a) to sell the Certificates to the Company in exchange for the Mortgage Loans;
(b) to enter into and perform its obligations under this Agreement;
(c) to engage in those activities that are necessary, suitable or convenient to
accomplish the foregoing or are incidental thereto or connected therewith; and
(d) subject to compliance with this Agreement, to engage in such other activities as may
be required in connection with conservation of the Trust Fund and the making of
distributions to the Certificateholders.
The trust is hereby authorized to engage in the foregoing activities.
Notwithstanding the provisions of Section 11.01, the trust shall not engage in any activity
other than in connection with the foregoing or other than as required or authorized by the
terms of this Agreement while any Certificate is outstanding, and this Section 2.08 may not
be amended, without the consent of the Certificateholders evidencing a majority of the
aggregate Voting Rights of the Certificates.
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01. Master Servicer to Act as Servicer.
(a) The Master Servicer shall service and administer the Mortgage Loans in accordance
with the terms of this Agreement and the respective Mortgage Loans and shall have full power
and authority, acting alone or through Subservicers as provided in Section 3.02, to do any
and all things which it may deem necessary or desirable in connection with such servicing
and administration. Without limiting the generality of the foregoing, the Master Servicer
in its own name or in the name of a Subservicer is hereby authorized and empowered by the
Trustee when the Master Servicer or the Subservicer, as the case may be, believes it
appropriate in its best judgment, to execute and deliver, on behalf of the
Certificateholders and the Trustee or any of them, any and all instruments of satisfaction
or cancellation, or of partial or full release or discharge, or of consent to assumption or
modification in connection with a proposed conveyance, or of assignment of any Mortgage and
Mortgage Note in connection with the repurchase of a Mortgage Loan and all other comparable
instruments, or with respect to the modification or re-recording of a Mortgage for the
purpose of correcting the Mortgage, the subordination of the lien of the Mortgage in favor
of a public utility company or government agency or unit with powers of eminent domain, the
taking of a deed in lieu of foreclosure, the commencement, prosecution or completion of
judicial or non-judicial foreclosure, the conveyance of a Mortgaged Property to the related
Insurer, the acquisition of any property acquired by foreclosure or deed in lieu of
foreclosure, or the management, marketing and conveyance of any property acquired by
foreclosure or deed in lieu of foreclosure with respect to the Mortgage Loans and with
respect to the Mortgaged Properties. The Master Servicer further is authorized and empowered
by the Trustee, on behalf of the Certificateholders and the Trustee, in its own name or in
the name of the Subservicer, when the Master Servicer or the Subservicer, as the case may
be, believes it appropriate in its best judgment to register any Mortgage Loan on the MERS(R)
System, or cause the removal from the registration of any Mortgage Loan on the MERS(R)System,
to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them,
any and all instruments of assignment and other comparable instruments with respect to such
assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the
Trustee and its successors and assigns. Any expenses incurred in connection with the
actions described in the preceding sentence shall be borne by the Master Servicer in
accordance with Section 3.16(c), with no right of reimbursement; provided, that if, as a
result of MERS discontinuing or becoming unable to continue operations in connection with
the MERS System, it becomes necessary to remove any Mortgage Loan from registration on the
MERS System and to arrange for the assignment of the related Mortgages to the Trustee, then
any related expenses shall be reimbursable to the Master Servicer. Notwithstanding the
foregoing, subject to Section 3.07(a), the Master Servicer shall not permit any modification
with respect to any Mortgage Loan that would both constitute a sale or exchange of such
Mortgage Loan within the meaning of Section 1001 of the Code and any proposed, temporary or
final regulations promulgated thereunder (other than in connection with a proposed
conveyance or assumption of such Mortgage Loan that is treated as a Principal Prepayment in
Full pursuant to Section 3.13(d) hereof) and cause any REMIC formed under the Series
Supplement to fail to qualify as a REMIC under the Code. The Trustee shall furnish the
Master Servicer with any powers of attorney and other documents necessary or appropriate to
enable the Master Servicer to service and administer the Mortgage Loans. The Trustee shall
not be liable for any action taken by the Master Servicer or any Subservicer pursuant to
such powers of attorney. In servicing and administering any Nonsubserviced Mortgage Loan,
the Master Servicer shall, to the extent not inconsistent with this Agreement, comply with
the Program Guide as if it were the originator of such Mortgage Loan and had retained the
servicing rights and obligations in respect thereof. In connection with servicing and
administering the Mortgage Loans, the Master Servicer and any Affiliate of the Master
Servicer (i) may perform services such as appraisals and brokerage services that are not
customarily provided by servicers of mortgage loans, and shall be entitled to reasonable
compensation therefor in accordance with Section 3.10 and (ii) may, at its own discretion
and on behalf of the Trustee, obtain credit information in the form of a "credit score" from
a credit repository.
(b) All costs incurred by the Master Servicer or by Subservicers in effecting the timely
payment of taxes and assessments on the properties subject to the Mortgage Loans shall not,
for the purpose of calculating monthly distributions to the Certificateholders, be added to
the amount owing under the related Mortgage Loans, notwithstanding that the terms of such
Mortgage Loan so permit, and such costs shall be recoverable to the extent permitted by
Section 3.10(a)(ii).
(c) The Master Servicer may enter into one or more agreements in connection with the
offering of pass-through certificates evidencing interests in one or more of the
Certificates providing for the payment by the Master Servicer of amounts received by the
Master Servicer as servicing compensation hereunder and required to cover certain Prepayment
Interest Shortfalls on the Mortgage Loans, which payment obligation will thereafter be an
obligation of the Master Servicer hereunder.
Section 3.02. Subservicing Agreements Between Master Servicer and Subservicers; Enforcement
of Subservicers' and Sellers' Obligations.
(a) The Master Servicer may continue in effect Subservicing Agreements entered into by
Residential Funding and Subservicers prior to the execution and delivery of this Agreement,
and may enter into new Subservicing Agreements with Subservicers, for the servicing and
administration of all or some of the Mortgage Loans. Each Subservicer of a Mortgage Loan
shall be entitled to receive and retain, as provided in the related Subservicing Agreement
and in Section 3.07, the related Subservicing Fee from payments of interest received on such
Mortgage Loan after payment of all amounts required to be remitted to the Master Servicer in
respect of such Mortgage Loan. For any Mortgage Loan that is a Nonsubserviced Mortgage
Loan, the Master Servicer shall be entitled to receive and retain an amount equal to the
Subservicing Fee from payments of interest. Unless the context otherwise requires,
references in this Agreement to actions taken or to be taken by the Master Servicer in
servicing the Mortgage Loans include actions taken or to be taken by a Subservicer on behalf
of the Master Servicer. Each Subservicing Agreement will be upon such terms and conditions
as are generally required or permitted by the Program Guide and are not inconsistent with
this Agreement and as the Master Servicer and the Subservicer have agreed. A representative
form of Subservicing Agreement is attached hereto as Exhibit E. With the approval of the
Master Servicer, a Subservicer may delegate its servicing obligations to third-party
servicers, but such Subservicer will remain obligated under the related Subservicing
Agreement. The Master Servicer and a Subservicer may enter into amendments thereto or a
different form of Subservicing Agreement, and the form referred to or included in the
Program Guide is merely provided for information and shall not be deemed to limit in any
respect the discretion of the Master Servicer to modify or enter into different Subservicing
Agreements; provided, however, that any such amendments or different forms shall be
consistent with and not violate the provisions of either this Agreement or the Program Guide
in a manner which would materially and adversely affect the interests of the
Certificateholders. The Program Guide and any other Subservicing Agreement entered into
between the Master Servicer and any Subservicer shall require the Subservicer to accurately
and fully report its borrower credit files to each of the Credit Repositories in a timely
manner.
(b) As part of its servicing activities hereunder, the Master Servicer, for the benefit
of the Trustee and the Certificateholders, shall use its best reasonable efforts to enforce
the obligations of each Subservicer under the related Subservicing Agreement and of each
Seller under the related Seller's Agreement insofar as the Company's rights with respect to
Seller's obligation has been assigned to the Trustee hereunder, to the extent that the
non-performance of any such Seller's obligation would have a material and adverse effect on
a Mortgage Loan, including, without limitation, the obligation to purchase a Mortgage Loan
on account of defective documentation, as described in Section 2.02, or on account of a
breach of a representation or warranty, as described in Section 2.04. Such enforcement,
including, without limitation, the legal prosecution of claims, termination of Subservicing
Agreements or Seller's Agreements, as appropriate, and the pursuit of other appropriate
remedies, shall be in such form and carried out to such an extent and at such time as the
Master Servicer would employ in its good faith business judgment and which are normal and
usual in its general mortgage servicing activities. The Master Servicer shall pay the costs
of such enforcement at its own expense, and shall be reimbursed therefor only (i) from a
general recovery resulting from such enforcement to the extent, if any, that such recovery
exceeds all amounts due in respect of the related Mortgage Loan or (ii) from a specific
recovery of costs, expenses or attorneys fees against the party against whom such
enforcement is directed. For purposes of clarification only, the parties agree that the
foregoing is not intended to, and does not, limit the ability of the Master Servicer to be
reimbursed for expenses that are incurred in connection with the enforcement of a Seller's
obligations (insofar as the Company's rights with respect to such Seller's obligations have
been assigned to the Trustee hereunder) and are reimbursable pursuant to Section
3.10(a)(viii).
Section 3.03. Successor Subservicers.
The Master Servicer shall be entitled to terminate any Subservicing Agreement that
may exist in accordance with the terms and conditions of such Subservicing Agreement and
without any limitation by virtue of this Agreement; provided, however, that in the event of
termination of any Subservicing Agreement by the Master Servicer or the Subservicer, the
Master Servicer shall either act as servicer of the related Mortgage Loan or enter into a
Subservicing Agreement with a successor Subservicer which will be bound by the terms of the
related Subservicing Agreement. If the Master Servicer or any Affiliate of Residential
Funding acts as servicer, it will not assume liability for the representations and
warranties of the Subservicer which it replaces. If the Master Servicer enters into a
Subservicing Agreement with a successor Subservicer, the Master Servicer shall use
reasonable efforts to have the successor Subservicer assume liability for the
representations and warranties made by the terminated Subservicer in respect of the related
Mortgage Loans and, in the event of any such assumption by the successor Subservicer, the
Master Servicer may, in the exercise of its business judgment, release the terminated
Subservicer from liability for such representations and warranties.
Section 3.04. Liability of the Master Servicer.
Notwithstanding any Subservicing Agreement, any of the provisions of this Agreement
relating to agreements or arrangements between the Master Servicer or a Subservicer or
reference to actions taken through a Subservicer or otherwise, the Master Servicer shall
remain obligated and liable to the Trustee and the Certificateholders for the servicing and
administering of the Mortgage Loans in accordance with the provisions of Section 3.01
without diminution of such obligation or liability by virtue of such Subservicing Agreements
or arrangements or by virtue of indemnification from the Subservicer or the Company and to
the same extent and under the same terms and conditions as if the Master Servicer alone were
servicing and administering the Mortgage Loans. The Master Servicer shall be entitled to
enter into any agreement with a Subservicer or Seller for indemnification of the Master
Servicer and nothing contained in this Agreement shall be deemed to limit or modify such
indemnification.
Section 3.05. No Contractual Relationship Between Subservicer and
Trustee or Certificateholders.
Any Subservicing Agreement that may be entered into and any other transactions or
services relating to the Mortgage Loans involving a Subservicer in its capacity as such and
not as an originator shall be deemed to be between the Subservicer and the Master Servicer
alone and the Trustee and the Certificateholders shall not be deemed parties thereto and
shall have no claims, rights, obligations, duties or liabilities with respect to the
Subservicer in its capacity as such except as set forth in Section 3.06. The foregoing
provision shall not in any way limit a Subservicer's obligation to cure an omission or
defect or to repurchase a Mortgage Loan as referred to in Section 2.02 hereof.
Section 3.06. Assumption or Termination of Subservicing Agreements by Trustee.
(a) If the Master Servicer shall for any reason no longer be the master servicer
(including by reason of an Event of Default), the Trustee, its designee or its successor
shall thereupon assume all of the rights and obligations of the Master Servicer under each
Subservicing Agreement that may have been entered into. The Trustee, its designee or the
successor servicer for the Trustee shall be deemed to have assumed all of the Master
Servicer's interest therein and to have replaced the Master Servicer as a party to the
Subservicing Agreement to the same extent as if the Subservicing Agreement had been assigned
to the assuming party except that the Master Servicer shall not thereby be relieved of any
liability or obligations under the Subservicing Agreement.
(b) The Master Servicer shall, upon request of the Trustee but at the expense of the
Master Servicer, deliver to the assuming party all documents and records relating to each
Subservicing Agreement and the Mortgage Loans then being serviced and an accounting of
amounts collected and held by it and otherwise use its best efforts to effect the orderly
and efficient transfer of each Subservicing Agreement to the assuming party.
Section 3.07. Collection of Certain Mortgage Loan Payments;
Deposits to Custodial Account.
(a) The Master Servicer shall make reasonable efforts to collect all payments called for
under the terms and provisions of the Mortgage Loans, and shall, to the extent such
procedures shall be consistent with this Agreement and the terms and provisions of any
related Primary Insurance Policy, follow such collection procedures as it would employ in
its good faith business judgment and which are normal and usual in its general mortgage
servicing activities. Consistent with the foregoing, the Master Servicer may in its
discretion (i) waive any late payment charge or any prepayment charge or penalty interest in
connection with the prepayment of a Mortgage Loan and (ii) extend the Due Date for payments
due on a Mortgage Loan in accordance with the Program Guide; provided, however, that the
Master Servicer shall first determine that any such waiver or extension will not impair the
coverage of any related Primary Insurance Policy or materially adversely affect the lien of
the related Mortgage. Notwithstanding anything in this Section to the contrary, the Master
Servicer shall not enforce any prepayment charge to the extent that such enforcement would
violate any applicable law. In the event of any such arrangement, the Master Servicer shall
make timely advances on the related Mortgage Loan during the scheduled period in accordance
with the amortization schedule of such Mortgage Loan without modification thereof by reason
of such arrangements unless otherwise agreed to by the Holders of the Classes of
Certificates affected thereby; provided, however, that no such extension shall be made if
any such advance would be a Nonrecoverable Advance. Consistent with the terms of this
Agreement, the Master Servicer may also waive, modify or vary any term of any Mortgage Loan
or consent to the postponement of strict compliance with any such term or in any manner
grant indulgence to any Mortgagor if in the Master Servicer's determination such waiver,
modification, postponement or indulgence is not materially adverse to the interests of the
Certificateholders (taking into account any estimated Realized Loss that might result absent
such action); provided, however, that the Master Servicer may not modify materially or
permit any Subservicer to modify any Mortgage Loan, including without limitation any
modification that would change the Mortgage Rate, forgive the payment of any principal or
interest (unless in connection with the liquidation of the related Mortgage Loan or except
in connection with prepayments to the extent that such reamortization is not inconsistent
with the terms of the Mortgage Loan), capitalize any amounts owing on the Mortgage Loan by
adding such amount to the outstanding principal balance of the Mortgage Loan, or extend the
final maturity date of such Mortgage Loan, unless such Mortgage Loan is in default or, in
the judgment of the Master Servicer, such default is reasonably foreseeable; provided,
further, that (1) no such modification shall reduce the interest rate on a Mortgage Loan
below one-half of the Mortgage Rate as in effect on the Cut-off Date, but not less than the
sum of the rates at which the Servicing Fee and the Subservicing Fee with respect to such
Mortgage Loan accrues plus the rate at which the premium paid to the Certificate Insurer, if
any, accrues, (2) the final maturity date for any Mortgage Loan shall not be extended
beyond the Maturity Date, (3) the Stated Principal Balance of all Reportable Modified
Mortgage Loans subject to Servicing Modifications (measured at the time of the Servicing
Modification and after giving effect to any Servicing Modification) can be no more than five
percent of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date,
unless such limit is increased from time to time with the consent of the Rating Agencies and
the Certificate Insurer, if any. In addition, any amounts owing on a Mortgage Loan added to
the outstanding principal balance of such Mortgage Loan must be fully amortized over the
remaining term of such Mortgage Loan, and such amounts may be added to the outstanding
principal balance of a Mortgage Loan only once during the life of such Mortgage Loan. Also,
the addition of such amounts described in the preceding sentence shall be implemented in
accordance with the Program Guide and may be implemented only by Subservicers that have been
approved by the Master Servicer for such purpose. In connection with any Curtailment of a
Mortgage Loan, the Master Servicer, to the extent not inconsistent with the terms of the
Mortgage Note and local law and practice, may permit the Mortgage Loan to be reamortized
such that the Monthly Payment is recalculated as an amount that will fully amortize the
remaining Stated Principal Balance thereof by the original Maturity Date based on the
original Mortgage Rate; provided, that such re-amortization shall not be permitted if it
would constitute a reissuance of the Mortgage Loan for federal income tax purposes, except
if such reissuance is described in Treasury Regulation Section 1.860G-2(b)(3).
(b) The Master Servicer shall establish and maintain a Custodial Account in which the
Master Servicer shall deposit or cause to be deposited on a daily basis, except as otherwise
specifically provided herein, the following payments and collections remitted by
Subservicers or received by it in respect of the Mortgage Loans subsequent to the Cut-off
Date (other than in respect of principal and interest on the Mortgage Loans due on or before
the Cut-off Date):
(i) All payments on account of principal, including Principal Prepayments made by
Mortgagors on the Mortgage Loans and the principal component of any Subservicer
Advance or of any REO Proceeds received in connection with an REO Property for which
an REO Disposition has occurred;
(ii) All payments on account of interest at the Adjusted Mortgage Rate on the Mortgage
Loans, including Buydown Funds, if any, and the interest component of any Subservicer
Advance or of any REO Proceeds received in connection with an REO Property for which
an REO Disposition has occurred;
(iii) Insurance Proceeds, Subsequent Recoveries and Liquidation Proceeds (net of any
related expenses of the Subservicer);
(iv) All proceeds of any Mortgage Loans purchased pursuant to Section 2.02, 2.03, 2.04 or
4.07 (including amounts received from Residential Funding pursuant to the last
paragraph of Section 4 of the Assignment Agreement in respect of any liability,
penalty or expense that resulted from a breach of the Compliance With Laws
Representation and all amounts required to be deposited in connection with the
substitution of a Qualified Substitute Mortgage Loan pursuant to Section 2.03 or 2.04;
(v) Any amounts required to be deposited pursuant to Section 3.07(c) or 3.21;
(vi) All amounts transferred from the Certificate Account to the Custodial Account in
accordance with Section 4.02(a);
(vii) Any amounts realized by the Subservicer and received by the Master Servicer in
respect of any Additional Collateral; and
(viii) Any amounts received by the Master Servicer in respect of Pledged Assets.
The foregoing requirements for deposit in the Custodial Account shall be exclusive, it being
understood and agreed that, without limiting the generality of the foregoing, payments on
the Mortgage Loans which are not part of the Trust Fund (consisting of payments in respect
of principal and interest on the Mortgage Loans due on or before the Cut-off Date) and
payments or collections in the nature of prepayment charges or late payment charges or
assumption fees may but need not be deposited by the Master Servicer in the Custodial
Account. In the event any amount not required to be deposited in the Custodial Account is
so deposited, the Master Servicer may at any time withdraw such amount from the Custodial
Account, any provision herein to the contrary notwithstanding. The Custodial Account may
contain funds that belong to one or more trust funds created for mortgage pass-through
certificates of other series and may contain other funds respecting payments on mortgage
loans belonging to the Master Servicer or serviced or master serviced by it on behalf of
others. Notwithstanding such commingling of funds, the Master Servicer shall keep records
that accurately reflect the funds on deposit in the Custodial Account that have been
identified by it as being attributable to the Mortgage Loans.
With respect to Insurance Proceeds, Liquidation Proceeds, REO Proceeds and the
proceeds of the purchase of any Mortgage Loan pursuant to Sections 2.02, 2.03, 2.04 and 4.07
received in any calendar month, the Master Servicer may elect to treat such amounts as
included in the Available Distribution Amount for the Distribution Date in the month of
receipt, but is not obligated to do so. If the Master Servicer so elects, such amounts will
be deemed to have been received (and any related Realized Loss shall be deemed to have
occurred) on the last day of the month prior to the receipt thereof.
(c) The Master Servicer shall use its best efforts to cause the institution maintaining
the Custodial Account to invest the funds in the Custodial Account attributable to the
Mortgage Loans in Permitted Investments which shall mature not later than the Certificate
Account Deposit Date next following the date of such investment (with the exception of the
Amount Held for Future Distribution) and which shall not be sold or disposed of prior to
their maturities. All income and gain realized from any such investment shall be for the
benefit of the Master Servicer as additional servicing compensation and shall be subject to
its withdrawal or order from time to time. The amount of any losses incurred in respect of
any such investments attributable to the investment of amounts in respect of the Mortgage
Loans shall be deposited in the Custodial Account by the Master Servicer out of its own
funds immediately as realized without any right of reimbursement.
(d) The Master Servicer shall give notice to the Trustee and the Company of any change in
the location of the Custodial Account and the location of the Certificate Account prior to
the use thereof.
Section 3.08. Subservicing Accounts; Servicing Accounts.
(a) In those cases where a Subservicer is servicing a Mortgage Loan pursuant to a
Subservicing Agreement, the Master Servicer shall cause the Subservicer, pursuant to the
Subservicing Agreement, to establish and maintain one or more Subservicing Accounts which
shall be an Eligible Account or, if such account is not an Eligible Account, shall generally
satisfy the requirements of the Program Guide and be otherwise acceptable to the Master
Servicer and each Rating Agency. The Subservicer will be required thereby to deposit into
the Subservicing Account on a daily basis all proceeds of Mortgage Loans received by the
Subservicer, less its Subservicing Fees and unreimbursed advances and expenses, to the
extent permitted by the Subservicing Agreement. If the Subservicing Account is not an
Eligible Account, the Master Servicer shall be deemed to have received such monies upon
receipt thereof by the Subservicer. The Subservicer shall not be required to deposit in the
Subservicing Account payments or collections in the nature of prepayment charges or late
charges or assumption fees. On or before the date specified in the Program Guide, but in no
event later than the Determination Date, the Master Servicer shall cause the Subservicer,
pursuant to the Subservicing Agreement, to remit to the Master Servicer for deposit in the
Custodial Account all funds held in the Subservicing Account with respect to each Mortgage
Loan serviced by such Subservicer that are required to be remitted to the Master Servicer.
The Subservicer will also be required, pursuant to the Subservicing Agreement, to advance on
such scheduled date of remittance amounts equal to any scheduled monthly installments of
principal and interest less its Subservicing Fees on any Mortgage Loans for which payment
was not received by the Subservicer. This obligation to advance with respect to each
Mortgage Loan will continue up to and including the first of the month following the date on
which the related Mortgaged Property is sold at a foreclosure sale or is acquired by the
Trust Fund by deed in lieu of foreclosure or otherwise. All such advances received by the
Master Servicer shall be deposited promptly by it in the Custodial Account.
(b) The Subservicer may also be required, pursuant to the Subservicing Agreement, to
remit to the Master Servicer for deposit in the Custodial Account interest at the Adjusted
Mortgage Rate (or Modified Net Mortgage Rate plus the rate per annum at which the Servicing
Fee accrues in the case of a Modified Mortgage Loan) on any Curtailment received by such
Subservicer in respect of a Mortgage Loan from the related Mortgagor during any month that
is to be applied by the Subservicer to reduce the unpaid principal balance of the related
Mortgage Loan as of the first day of such month, from the date of application of such
Curtailment to the first day of the following month. Any amounts paid by a Subservicer
pursuant to the preceding sentence shall be for the benefit of the Master Servicer as
additional servicing compensation and shall be subject to its withdrawal or order from time
to time pursuant to Sections 3.10(a)(iv) and (v).
(c) In addition to the Custodial Account and the Certificate Account, the Master Servicer
shall for any Nonsubserviced Mortgage Loan, and shall cause the Subservicers for Subserviced
Mortgage Loans to, establish and maintain one or more Servicing Accounts and deposit and
retain therein all collections from the Mortgagors (or advances from Subservicers) for the
payment of taxes, assessments, hazard insurance premiums, Primary Insurance Policy premiums,
if applicable, or comparable items for the account of the Mortgagors. Each Servicing
Account shall satisfy the requirements for a Subservicing Account and, to the extent
permitted by the Program Guide or as is otherwise acceptable to the Master Servicer, may
also function as a Subservicing Account. Withdrawals of amounts related to the Mortgage
Loans from the Servicing Accounts may be made only to effect timely payment of taxes,
assessments, hazard insurance premiums, Primary Insurance Policy premiums, if applicable, or
comparable items, to reimburse the Master Servicer or Subservicer out of related collections
for any payments made pursuant to Sections 3.11 (with respect to the Primary Insurance
Policy) and 3.12(a) (with respect to hazard insurance), to refund to any Mortgagors any sums
as may be determined to be overages, to pay interest, if required, to Mortgagors on balances
in the Servicing Account or to clear and terminate the Servicing Account at the termination
of this Agreement in accordance with Section 9.01 or in accordance with the Program Guide.
As part of its servicing duties, the Master Servicer shall, and the Subservicers will,
pursuant to the Subservicing Agreements, be required to pay to the Mortgagors interest on
funds in this account to the extent required by law.
(d) The Master Servicer shall advance the payments referred to in the preceding
subsection that are not timely paid by the Mortgagors or advanced by the Subservicers on the
date when the tax, premium or other cost for which such payment is intended is due, but the
Master Servicer shall be required so to advance only to the extent that such advances, in
the good faith judgment of the Master Servicer, will be recoverable by the Master Servicer
out of Insurance Proceeds, Liquidation Proceeds or otherwise.
Section 3.09. Access to Certain Documentation and
Information Regarding the Mortgage Loans.
If compliance with this Section 3.09 shall make any Class of Certificates legal for
investment by federally insured savings and loan associations, the Master Servicer shall
provide, or cause the Subservicers to provide, to the Trustee, the Office of Thrift
Supervision or the FDIC and the supervisory agents and examiners thereof access to the
documentation regarding the Mortgage Loans required by applicable regulations of the Office
of Thrift Supervision, such access being afforded without charge but only upon reasonable
request and during normal business hours at the offices designated by the Master Servicer.
The Master Servicer shall permit such representatives to photocopy any such documentation
and shall provide equipment for that purpose at a charge reasonably approximating the cost
of such photocopying to the Master Servicer.
Section 3.10. Permitted Withdrawals from the Custodial Account.
(a) The Master Servicer may, from time to time as provided herein, make withdrawals from
the Custodial Account of amounts on deposit therein pursuant to Section 3.07 that are
attributable to the Mortgage Loans for the following purposes:
(i) to make deposits into the Certificate Account in the amounts and in the manner
provided for in Section 4.01;
(ii) to reimburse itself or the related Subservicer for previously unreimbursed Advances,
Servicing Advances or other expenses made pursuant to Sections 3.01, 3.07(a), 3.08,
3.11, 3.12(a), 3.14 and 4.04 or otherwise reimbursable pursuant to the terms of this
Agreement, such withdrawal right being limited to amounts received on the related
Mortgage Loans (including, for this purpose, REO Proceeds, Insurance Proceeds,
Liquidation Proceeds and proceeds from the purchase of a Mortgage Loan pursuant to
Section 2.02, 2.03, 2.04 or 4.07) which represent (A) Late Collections of Monthly
Payments for which any such advance was made in the case of Subservicer Advances or
Advances pursuant to Section 4.04 and (B) recoveries of amounts in respect of which
such advances were made in the case of Servicing Advances;
(iii) to pay to itself or the related Subservicer (if not previously retained by such
Subservicer) out of each payment received by the Master Servicer on account of
interest on a Mortgage Loan as contemplated by Sections 3.14 and 3.16, an amount
equal to that remaining portion of any such payment as to interest (but not in excess
of the Servicing Fee and the Subservicing Fee, if not previously retained) which,
when deducted, will result in the remaining amount of such interest being interest at
the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified
Mortgage Loan) on the amount specified in the amortization schedule of the related
Mortgage Loan as the principal balance thereof at the beginning of the period
respecting which such interest was paid after giving effect to any previous
Curtailments;
(iv) to pay to itself as additional servicing compensation any interest or investment
income earned on funds and other property deposited in or credited to the Custodial
Account that it is entitled to withdraw pursuant to Section 3.07(c);
(v) to pay to itself as additional servicing compensation any Foreclosure Profits, any
amounts remitted by Subservicers as interest in respect of Curtailments pursuant to
Section 3.08(b), and any amounts paid by a Mortgagor in connection with a Principal
Prepayment in Full in respect of interest for any period during the calendar month in
which such Principal Prepayment in Full is to be distributed to the
Certificateholders;
(vi) to pay to itself, a Subservicer, a Seller, Residential Funding, the Company or any
other appropriate Person, as the case may be, with respect to each Mortgage Loan or
property acquired in respect thereof that has been purchased or otherwise transferred
pursuant to Section 2.02, 2.03, 2.04, 4.07 or 9.01, all amounts received thereon and
not required to be distributed to the Certificateholders as of the date on which the
related Stated Principal Balance or Purchase Price is determined;
(vii) to reimburse itself or the related Subservicer for any Nonrecoverable Advance or
Advances in the manner and to the extent provided in subsection (c) below, and any
Advance or Servicing Advance made in connection with a modified Mortgage Loan that is
in default or, in the judgment of the Master Servicer, default is reasonably
foreseeable pursuant to Section 3.07(a), to the extent the amount of the Advance or
Servicing Advance was added to the Stated Principal Balance of the Mortgage Loan in a
prior calendar month, or any Advance reimbursable to the Master Servicer pursuant to
Section 4.02(a);
(viii) to reimburse itself or the Company for expenses incurred by and reimbursable to it or
the Company pursuant to Sections 3.01(a), 3.11, 3.13, 3.14(c), 6.03, 10.01 or
otherwise, or in connection with enforcing, in accordance with this Agreement, any
repurchase, substitution or indemnification obligation of any Seller (other than an
Affiliate of the Company) pursuant to the related Seller's Agreement;
(ix) to reimburse itself for Servicing Advances expended by it (a) pursuant to Section
3.14 in good faith in connection with the restoration of property damaged by an
Uninsured Cause, and (b) in connection with the liquidation of a Mortgage Loan or
disposition of an REO Property to the extent not otherwise reimbursed pursuant to
clause (ii) or (viii) above; and
(x) to withdraw any amount deposited in the Custodial Account that was not required to be
deposited therein pursuant to Section 3.07.
(b) Since, in connection with withdrawals pursuant to clauses (ii), (iii), (v) and (vi),
the Master Servicer's entitlement thereto is limited to collections or other recoveries on
the related Mortgage Loan, the Master Servicer shall keep and maintain separate accounting,
on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from
the Custodial Account pursuant to such clauses.
(c) The Master Servicer shall be entitled to reimburse itself or the related Subservicer
for any advance made in respect of a Mortgage Loan that the Master Servicer determines to be
a Nonrecoverable Advance by withdrawal from the Custodial Account of amounts on deposit
therein attributable to the Mortgage Loans on any Certificate Account Deposit Date
succeeding the date of such determination. Such right of reimbursement in respect of a
Nonrecoverable Advance relating to an Advance pursuant to Section 4.04 on any such
Certificate Account Deposit Date shall be limited to an amount not exceeding the portion of
such Advance previously paid to Certificateholders (and not theretofore reimbursed to the
Master Servicer or the related Subservicer).
Section 3.11. Maintenance of the Primary Insurance
Policies; Collections Thereunder.
(a) The Master Servicer shall not take, or permit any Subservicer to take, any action
which would result in non-coverage under any applicable Primary Insurance Policy of any loss
which, but for the actions of the Master Servicer or Subservicer, would have been covered
thereunder. To the extent coverage is available, the Master Servicer shall keep or cause to
be kept in full force and effect each such Primary Insurance Policy until the principal
balance of the related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or
less of the Appraised Value in the case of such a Mortgage Loan having a Loan-to-Value Ratio
at origination in excess of 80%, provided that such Primary Insurance Policy was in place as
of the Cut-off Date and the Company had knowledge of such Primary Insurance Policy. The
Master Servicer shall be entitled to cancel or permit the discontinuation of any Primary
Insurance Policy as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage
Loan is reduced below an amount equal to 80% of the appraised value of the related Mortgaged
Property as determined in any appraisal thereof after the Closing Date, or if the
Loan-to-Value Ratio is reduced below 80% as a result of principal payments on the Mortgage
Loan after the Closing Date. In the event that the Company gains knowledge that as of the
Closing Date, a Mortgage Loan had a Loan-to-Value Ratio at origination in excess of 80% and
is not the subject of a Primary Insurance Policy (and was not included in any exception to
the representation in Section 2.03(b)(iv)) and that such Mortgage Loan has a current
Loan-to-Value Ratio in excess of 80% then the Master Servicer shall use its reasonable
efforts to obtain and maintain a Primary Insurance Policy to the extent that such a policy
is obtainable at a reasonable price. The Master Servicer shall not cancel or refuse to
renew any such Primary Insurance Policy applicable to a Nonsubserviced Mortgage Loan, or
consent to any Subservicer canceling or refusing to renew any such Primary Insurance Policy
applicable to a Mortgage Loan subserviced by it, that is in effect at the date of the
initial issuance of the Certificates and is required to be kept in force hereunder unless
the replacement Primary Insurance Policy for such canceled or non-renewed policy is
maintained with an insurer whose claims-paying ability is acceptable to each Rating Agency
for mortgage pass-through certificates having a rating equal to or better than the lower of
the then-current rating or the rating assigned to the Certificates as of the Closing Date by
such Rating Agency.
(b) In connection with its activities as administrator and servicer of the Mortgage
Loans, the Master Servicer agrees to present or to cause the related Subservicer to present,
on behalf of the Master Servicer, the Subservicer, if any, the Trustee and
Certificateholders, claims to the related Insurer under any Primary Insurance Policies, in a
timely manner in accordance with such policies, and, in this regard, to take or cause to be
taken such reasonable action as shall be necessary to permit recovery under any Primary
Insurance Policies respecting defaulted Mortgage Loans. Pursuant to Section 3.07, any
Insurance Proceeds collected by or remitted to the Master Servicer under any Primary
Insurance Policies shall be deposited in the Custodial Account, subject to withdrawal
pursuant to Section 3.10.
Section 3.12. Maintenance of Fire Insurance and
Omissions and Fidelity Coverage.
(a) The Master Servicer shall cause to be maintained for each Mortgage Loan (other than a
Cooperative Loan) fire insurance with extended coverage in an amount which is equal to the
lesser of the principal balance owing on such Mortgage Loan or 100 percent of the insurable
value of the improvements; provided, however, that such coverage may not be less than the
minimum amount required to fully compensate for any loss or damage on a replacement cost
basis. To the extent it may do so without breaching the related Subservicing Agreement, the
Master Servicer shall replace any Subservicer that does not cause such insurance, to the
extent it is available, to be maintained. The Master Servicer shall also cause to be
maintained on property acquired upon foreclosure, or deed in lieu of foreclosure, of any
Mortgage Loan (other than a Cooperative Loan), fire insurance with extended coverage in an
amount which is at least equal to the amount necessary to avoid the application of any
co-insurance clause contained in the related hazard insurance policy. Pursuant to Section
3.07, any amounts collected by the Master Servicer under any such policies (other than
amounts to be applied to the restoration or repair of the related Mortgaged Property or
property thus acquired or amounts released to the Mortgagor in accordance with the Master
Servicer's normal servicing procedures) shall be deposited in the Custodial Account, subject
to withdrawal pursuant to Section 3.10. Any cost incurred by the Master Servicer in
maintaining any such insurance shall not, for the purpose of calculating monthly
distributions to the Certificateholders, be added to the amount owing under the Mortgage
Loan, notwithstanding that the terms of the Mortgage Loan so permit. Such costs shall be
recoverable by the Master Servicer out of related late payments by the Mortgagor or out of
Insurance Proceeds and Liquidation Proceeds to the extent permitted by Section 3.10. It is
understood and agreed that no earthquake or other additional insurance is to be required of
any Mortgagor or maintained on property acquired in respect of a Mortgage Loan other than
pursuant to such applicable laws and regulations as shall at any time be in force and as
shall require such additional insurance. Whenever the improvements securing a Mortgage Loan
(other than a Cooperative Loan) are located at the time of origination of such Mortgage Loan
in a federally designated special flood hazard area, the Master Servicer shall cause flood
insurance (to the extent available) to be maintained in respect thereof. Such flood
insurance shall be in an amount equal to the lesser of (i) the amount required to compensate
for any loss or damage to the Mortgaged Property on a replacement cost basis and (ii) the
maximum amount of such insurance available for the related Mortgaged Property under the
national flood insurance program (assuming that the area in which such Mortgaged Property is
located is participating in such program).
If the Master Servicer shall obtain and maintain a blanket fire insurance policy with
extended coverage insuring against hazard losses on all of the Mortgage Loans, it shall
conclusively be deemed to have satisfied its obligations as set forth in the first sentence
of this Section 3.12(a), it being understood and agreed that such policy may contain a
deductible clause, in which case the Master Servicer shall, in the event that there shall
not have been maintained on the related Mortgaged Property a policy complying with the first
sentence of this Section 3.12(a) and there shall have been a loss which would have been
covered by such policy, deposit in the Certificate Account the amount not otherwise payable
under the blanket policy because of such deductible clause. Any such deposit by the Master
Servicer shall be made on the Certificate Account Deposit Date next preceding the
Distribution Date which occurs in the month following the month in which payments under any
such policy would have been deposited in the Custodial Account. In connection with its
activities as administrator and servicer of the Mortgage Loans, the Master Servicer agrees
to present, on behalf of itself, the Trustee and the Certificateholders, claims under any
such blanket policy.
(b) The Master Servicer shall obtain and maintain at its own expense and keep in full
force and effect throughout the term of this Agreement a blanket fidelity bond and an errors
and omissions insurance policy covering the Master Servicer's officers and employees and
other persons acting on behalf of the Master Servicer in connection with its activities
under this Agreement. The amount of coverage shall be at least equal to the coverage that
would be required by Xxxxxx Xxx or Xxxxxxx Mac, whichever is greater, with respect to the
Master Servicer if the Master Servicer were servicing and administering the Mortgage Loans
for Xxxxxx Mae or Xxxxxxx Mac. In the event that any such bond or policy ceases to be in
effect, the Master Servicer shall obtain a comparable replacement bond or policy from an
issuer or insurer, as the case may be, meeting the requirements, if any, of the Program
Guide and acceptable to the Company. Coverage of the Master Servicer under a policy or bond
obtained by an Affiliate of the Master Servicer and providing the coverage required by this
Section 3.12(b) shall satisfy the requirements of this Section 3.12(b).
Section 3.13. Enforcement of Due-on-Sale Clauses; Assumption and
Modification Agreements; Certain Assignments.
(a) When any Mortgaged Property is conveyed by the Mortgagor, the Master Servicer or
Subservicer, to the extent it has knowledge of such conveyance, shall enforce any
due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under
applicable law and governmental regulations, but only to the extent that such enforcement
will not adversely affect or jeopardize coverage under any Required Insurance Policy.
Notwithstanding the foregoing:
(i) the Master Servicer shall not be deemed to be in default under this Section 3.13(a)
by reason of any transfer or assumption which the Master Servicer is restricted by
law from preventing; and
(ii) if the Master Servicer determines that it is reasonably likely that any Mortgagor
will bring, or if any Mortgagor does bring, legal action to declare invalid or
otherwise avoid enforcement of a due-on-sale clause contained in any Mortgage Note or
Mortgage, the Master Servicer shall not be required to enforce the due-on-sale clause
or to contest such action.
(b) Subject to the Master Servicer's duty to enforce any due-on-sale clause to the extent
set forth in Section 3.13(a), in any case in which a Mortgaged Property is to be conveyed to
a Person by a Mortgagor, and such Person is to enter into an assumption or modification
agreement or supplement to the Mortgage Note or Mortgage which requires the signature of the
Trustee, or if an instrument of release signed by the Trustee is required releasing the
Mortgagor from liability on the Mortgage Loan, the Master Servicer is authorized, subject to
the requirements of the sentence next following, to execute and deliver, on behalf of the
Trustee, the assumption agreement with the Person to whom the Mortgaged Property is to be
conveyed and such modification agreement or supplement to the Mortgage Note or Mortgage or
other instruments as are reasonable or necessary to carry out the terms of the Mortgage Note
or Mortgage or otherwise to comply with any applicable laws regarding assumptions or the
transfer of the Mortgaged Property to such Person; provided, however, none of such terms and
requirements shall either (i) both (A) constitute a "significant modification" effecting an
exchange or reissuance of such Mortgage Loan under the REMIC Provisions and (B) cause any
portion of any REMIC formed under the Series Supplement to fail to qualify as a REMIC under
the Code or (subject to Section 10.01(f)), result in the imposition of any tax on
"prohibited transactions" or (ii) constitute "contributions" after the start-up date under
the REMIC Provisions. The Master Servicer shall execute and deliver such documents only if
it reasonably determines that (i) its execution and delivery thereof will not conflict with
or violate any terms of this Agreement or cause the unpaid balance and interest on the
Mortgage Loan to be uncollectible in whole or in part, (ii) any required consents of
insurers under any Required Insurance Policies have been obtained and (iii) subsequent to
the closing of the transaction involving the assumption or transfer (A) the Mortgage Loan
will continue to be secured by a first mortgage lien pursuant to the terms of the Mortgage,
(B) such transaction will not adversely affect the coverage under any Required Insurance
Policies, (C) the Mortgage Loan will fully amortize over the remaining term thereof, (D) no
material term of the Mortgage Loan (including the interest rate on the Mortgage Loan) will
be altered nor will the term of the Mortgage Loan be changed and (E) if the
seller/transferor of the Mortgaged Property is to be released from liability on the Mortgage
Loan, such release will not (based on the Master Servicer's or Subservicer's good faith
determination) adversely affect the collectability of the Mortgage Loan. Upon receipt of
appropriate instructions from the Master Servicer in accordance with the foregoing, the
Trustee shall execute any necessary instruments for such assumption or substitution of
liability as directed in writing by the Master Servicer. Upon the closing of the
transactions contemplated by such documents, the Master Servicer shall cause the originals
or true and correct copies of the assumption agreement, the release (if any), or the
modification or supplement to the Mortgage Note or Mortgage to be delivered to the Trustee
or the Custodian and deposited with the Mortgage File for such Mortgage Loan. Any fee
collected by the Master Servicer or such related Subservicer for entering into an assumption
or substitution of liability agreement will be retained by the Master Servicer or such
Subservicer as additional servicing compensation.
(c) The Master Servicer or the related Subservicer, as the case may be, shall be entitled
to approve a request from a Mortgagor for a partial release of the related Mortgaged
Property, the granting of an easement thereon in favor of another Person, any alteration or
demolition of the related Mortgaged Property (or, with respect to a Cooperative Loan, the
related Cooperative Apartment) without any right of reimbursement or other similar matters
if it has determined, exercising its good faith business judgment in the same manner as it
would if it were the owner of the related Mortgage Loan, that the security for, and the
timely and full collectability of, such Mortgage Loan would not be adversely affected
thereby and that any portion of any REMIC formed under the Series Supplement would not fail
to continue to qualify as a REMIC under the Code as a result thereof and (subject to Section
10.01(f)) that no tax on "prohibited transactions" or "contributions" after the startup day
would be imposed on any such REMIC as a result thereof. Any fee collected by the Master
Servicer or the related Subservicer for processing such a request will be retained by the
Master Servicer or such Subservicer as additional servicing compensation.
(d) Subject to any other applicable terms and conditions of this Agreement, the Trustee
and Master Servicer shall be entitled to approve an assignment in lieu of satisfaction with
respect to any Mortgage Loan, provided the obligee with respect to such Mortgage Loan
following such proposed assignment provides the Trustee and Master Servicer with a "Lender
Certification for Assignment of Mortgage Loan" in the form attached hereto as Exhibit M, in
form and substance satisfactory to the Trustee and Master Servicer, providing the following:
(i) that the substance of the assignment is, and is intended to be, a refinancing of such
Mortgage; (ii) that the Mortgage Loan following the proposed assignment will have a rate of
interest at least 0.25 percent below or above the rate of interest on such Mortgage Loan
prior to such proposed assignment; and (iii) that such assignment is at the request of the
borrower under the related Mortgage Loan. Upon approval of an assignment in lieu of
satisfaction with respect to any Mortgage Loan, the Master Servicer shall receive cash in an
amount equal to the unpaid principal balance of and accrued interest on such Mortgage Loan
and the Master Servicer shall treat such amount as a Principal Prepayment in Full with
respect to such Mortgage Loan for all purposes hereof.
Section 3.14. Realization Upon Defaulted Mortgage Loans.
(a) The Master Servicer shall foreclose upon or otherwise comparably convert (which may
include an REO Acquisition) the ownership of properties securing such of the Mortgage Loans
as come into and continue in default and as to which no satisfactory arrangements can be
made for collection of delinquent payments pursuant to Section 3.07. Alternatively, the
Master Servicer may take other actions in respect of a defaulted Mortgage Loan, which may
include (i) accepting a short sale (a payoff of the Mortgage Loan for an amount less than
the total amount contractually owed in order to facilitate a sale of the Mortgaged Property
by the Mortgagor) or permitting a short refinancing (a payoff of the Mortgage Loan for an
amount less than the total amount contractually owed in order to facilitate refinancing
transactions by the Mortgagor not involving a sale of the Mortgaged Property), (ii)
arranging for a repayment plan or (iii) agreeing to a modification in accordance with
Section 3.07. In connection with such foreclosure or other conversion, the Master Servicer
shall, consistent with Section 3.11, follow such practices and procedures as it shall deem
necessary or advisable, as shall be normal and usual in its general mortgage servicing
activities and as shall be required or permitted by the Program Guide; provided that the
Master Servicer shall not be liable in any respect hereunder if the Master Servicer is
acting in connection with any such foreclosure or other conversion in a manner that is
consistent with the provisions of this Agreement. The Master Servicer, however, shall not
be required to expend its own funds or incur other reimbursable charges in connection with
any foreclosure, or attempted foreclosure which is not completed, or towards the restoration
of any property unless it shall determine (i) that such restoration and/or foreclosure will
increase the proceeds of liquidation of the Mortgage Loan to Holders of Certificates of one
or more Classes after reimbursement to itself for such expenses or charges and (ii) that
such expenses or charges will be recoverable to it through Liquidation Proceeds, Insurance
Proceeds, or REO Proceeds (respecting which it shall have priority for purposes of
withdrawals from the Custodial Account pursuant to Section 3.10, whether or not such
expenses and charges are actually recoverable from related Liquidation Proceeds, Insurance
Proceeds or REO Proceeds). In the event of such a determination by the Master Servicer
pursuant to this Section 3.14(a), the Master Servicer shall be entitled to reimbursement of
such amounts pursuant to Section 3.10.
In addition to the foregoing, the Master Servicer shall use its best
reasonable efforts to realize upon any Additional Collateral for such of the Additional
Collateral Loans as come into and continue in default and as to which no satisfactory
arrangements can be made for collection of delinquent payments pursuant to Section 3.07;
provided that the Master Servicer shall not, on behalf of the Trustee, obtain title to any
such Additional Collateral as a result of or in lieu of the disposition thereof or
otherwise; and provided further that (i) the Master Servicer shall not proceed with respect
to such Additional Collateral in any manner that would impair the ability to recover against
the related Mortgaged Property, and (ii) the Master Servicer shall proceed with any REO
Acquisition in a manner that preserves the ability to apply the proceeds of such Additional
Collateral against amounts owed under the defaulted Mortgage Loan. Any proceeds realized
from such Additional Collateral (other than amounts to be released to the Mortgagor or the
related guarantor in accordance with procedures that the Master Servicer would follow in
servicing loans held for its own account, subject to the terms and conditions of the related
Mortgage and Mortgage Note and to the terms and conditions of any security agreement,
guarantee agreement, mortgage or other agreement governing the disposition of the proceeds
of such Additional Collateral) shall be deposited in the Custodial Account, subject to
withdrawal pursuant to Section 3.10. Any other payment received by the Master Servicer in
respect of such Additional Collateral shall be deposited in the Custodial Account subject to
withdrawal pursuant to Section 3.10.
For so long as the Master Servicer is the Master Servicer under the Credit
Support Pledge Agreement, the Master Servicer shall perform its obligations under the Credit
Support Pledge Agreement in accordance with such Agreement and in a manner that is in the
best interests of the Certificateholders. Further, the Master Servicer shall use its best
reasonable efforts to realize upon any Pledged Assets for such of the Pledged Asset Loans as
come into and continue in default and as to which no satisfactory arrangements can be made
for collection of delinquent payments pursuant to Section 3.07; provided that the Master
Servicer shall not, on behalf of the Trustee, obtain title to any such Pledged Assets as a
result of or in lieu of the disposition thereof or otherwise; and provided further that (i)
the Master Servicer shall not proceed with respect to such Pledged Assets in any manner that
would impair the ability to recover against the related Mortgaged Property, and (ii) the
Master Servicer shall proceed with any REO Acquisition in a manner that preserves the
ability to apply the proceeds of such Pledged Assets against amounts owed under the
defaulted Mortgage Loan. Any proceeds realized from such Pledged Assets (other than amounts
to be released to the Mortgagor or the related guarantor in accordance with procedures that
the Master Servicer would follow in servicing loans held for its own account, subject to the
terms and conditions of the related Mortgage and Mortgage Note and to the terms and
conditions of any security agreement, guarantee agreement, mortgage or other agreement
governing the disposition of the proceeds of such Pledged Assets) shall be deposited in the
Custodial Account, subject to withdrawal pursuant to Section 3.10. Any other payment
received by the Master Servicer in respect of such Pledged Assets shall be deposited in the
Custodial Account subject to withdrawal pursuant to Section 3.10.
Concurrently with the foregoing, the Master Servicer may pursue any remedies
that may be available in connection with a breach of a representation and warranty with
respect to any such Mortgage Loan in accordance with Sections 2.03 and 2.04. However, the
Master Servicer is not required to continue to pursue both foreclosure (or similar remedies)
with respect to the Mortgage Loans and remedies in connection with a breach of a
representation and warranty if the Master Servicer determines in its reasonable discretion
that one such remedy is more likely to result in a greater recovery as to the Mortgage
Loan. Upon the occurrence of a Cash Liquidation or REO Disposition, following the deposit
in the Custodial Account of all Insurance Proceeds, Liquidation Proceeds and other payments
and recoveries referred to in the definition of "Cash Liquidation" or "REO Disposition," as
applicable, upon receipt by the Trustee of written notification of such deposit signed by a
Servicing Officer, the Trustee or any Custodian, as the case may be, shall release to the
Master Servicer the related Mortgage File and the Trustee shall execute and deliver such
instruments of transfer or assignment prepared by the Master Servicer, in each case without
recourse, as shall be necessary to vest in the Master Servicer or its designee, as the case
may be, the related Mortgage Loan, and thereafter such Mortgage Loan shall not be part of
the Trust Fund. Notwithstanding the foregoing or any other provision of this Agreement, in
the Master Servicer's sole discretion with respect to any defaulted Mortgage Loan or REO
Property as to either of the following provisions, (i) a Cash Liquidation or REO Disposition
may be deemed to have occurred if substantially all amounts expected by the Master Servicer
to be received in connection with the related defaulted Mortgage Loan or REO Property have
been received, and (ii) for purposes of determining the amount of any Liquidation Proceeds,
Insurance Proceeds, REO Proceeds or any other unscheduled collections or the amount of any
Realized Loss, the Master Servicer may take into account minimal amounts of additional
receipts expected to be received or any estimated additional liquidation expenses expected
to be incurred in connection with the related defaulted Mortgage Loan or REO Property.
(b) If title to any Mortgaged Property is acquired by the Trust Fund as an REO Property
by foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale shall be
issued to the Trustee or to its nominee on behalf of Certificateholders. Notwithstanding
any such acquisition of title and cancellation of the related Mortgage Loan, such REO
Property shall (except as otherwise expressly provided herein) be considered to be an
Outstanding Mortgage Loan held in the Trust Fund until such time as the REO Property shall
be sold. Consistent with the foregoing for purposes of all calculations hereunder so long
as such REO Property shall be considered to be an Outstanding Mortgage Loan it shall be
assumed that, notwithstanding that the indebtedness evidenced by the related Mortgage Note
shall have been discharged, such Mortgage Note and the related amortization schedule in
effect at the time of any such acquisition of title (after giving effect to any previous
Curtailments and before any adjustment thereto by reason of any bankruptcy or similar
proceeding or any moratorium or similar waiver or grace period) remain in effect.
(c) If the Trust Fund acquires any REO Property as aforesaid or otherwise in connection
with a default or imminent default on a Mortgage Loan, the Master Servicer on behalf of the
Trust Fund shall dispose of such REO Property as soon as practicable, giving due
consideration to the interests of the Certificateholders, but in all cases within three full
years after the taxable year of its acquisition by the Trust Fund for purposes of Section
860G(a)(8) of the Code (or such shorter period as may be necessary under applicable state
(including any state in which such property is located) law to maintain the status of any
portion of any REMIC formed under the Series Supplement as a REMIC under applicable state
law and avoid taxes resulting from such property failing to be foreclosure property under
applicable state law) or, at the expense of the Trust Fund, request, more than 60 days
before the day on which such grace period would otherwise expire, an extension of such grace
period unless the Master Servicer (subject to Section 10.01(f)) obtains for the Trustee an
Opinion of Counsel, addressed to the Trustee and the Master Servicer, to the effect that the
holding by the Trust Fund of such REO Property subsequent to such period will not result in
the imposition of taxes on "prohibited transactions" as defined in Section 860F of the Code
or cause any REMIC formed under the Series Supplement to fail to qualify as a REMIC (for
federal (or any applicable State or local) income tax purposes) at any time that any
Certificates are outstanding, in which case the Trust Fund may continue to hold such REO
Property (subject to any conditions contained in such Opinion of Counsel). The Master
Servicer shall be entitled to be reimbursed from the Custodial Account for any costs
incurred in obtaining such Opinion of Counsel, as provided in Section 3.10. Notwithstanding
any other provision of this Agreement, no REO Property acquired by the Trust Fund shall be
rented (or allowed to continue to be rented) or otherwise used by or on behalf of the Trust
Fund in such a manner or pursuant to any terms that would (i) cause such REO Property to
fail to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) of the
Code or (ii) subject the Trust Fund to the imposition of any federal income taxes on the
income earned from such REO Property, including any taxes imposed by reason of Section
860G(c) of the Code, unless the Master Servicer has agreed to indemnify and hold harmless
the Trust Fund with respect to the imposition of any such taxes.
(d) The proceeds of any Cash Liquidation, REO Disposition or purchase or repurchase of
any Mortgage Loan pursuant to the terms of this Agreement, as well as any recovery resulting
from a collection of Liquidation Proceeds, Insurance Proceeds or REO Proceeds, will be
applied in the following order of priority: first, to reimburse the Master Servicer or the
related Subservicer in accordance with Section 3.10(a)(ii); second, to the
Certificateholders to the extent of accrued and unpaid interest on the Mortgage Loan, and
any related REO Imputed Interest, at the Net Mortgage Rate (or the Modified Net Mortgage
Rate in the case of a Modified Mortgage Loan) to the Due Date prior to the Distribution Date
on which such amounts are to be distributed; third, to the Certificateholders as a recovery
of principal on the Mortgage Loan (or REO Property); fourth, to all Servicing Fees and
Subservicing Fees payable therefrom (and the Master Servicer and the Subservicer shall have
no claims for any deficiencies with respect to such fees which result from the foregoing
allocation); and fifth, to Foreclosure Profits.
(e) In the event of a default on a Mortgage Loan one or more of whose obligors is not a
United States Person, in connection with any foreclosure or acquisition of a deed in lieu of
foreclosure (together, "foreclosure") in respect of such Mortgage Loan, the Master Servicer
will cause compliance with the provisions of Treasury Regulation Section 1.1445-2(d)(3) (or
any successor thereto) necessary to assure that no withholding tax obligation arises with
respect to the proceeds of such foreclosure except to the extent, if any, that proceeds of
such foreclosure are required to be remitted to the obligors on such Mortgage Loan.
Section 3.15. Trustee to Cooperate; Release of Mortgage Files.
(a) Upon becoming aware of the payment in full of any Mortgage Loan, or upon the receipt
by the Master Servicer of a notification that payment in full will be escrowed in a manner
customary for such purposes, the Master Servicer will immediately notify the Trustee (if it
holds the related Mortgage File) or the Custodian by a certification of a Servicing Officer
(which certification shall include a statement to the effect that all amounts received or to
be received in connection with such payment which are required to be deposited in the
Custodial Account pursuant to Section 3.07 have been or will be so deposited), substantially
in one of the forms attached hereto as Exhibit F, or, in the case of the Custodian, an
electronic request in a form acceptable to the Custodian, requesting delivery to it of the
Mortgage File. Within two Business Days of receipt of such certification and request, the
Trustee shall release, or cause the Custodian to release, the related Mortgage File to the
Master Servicer. The Master Servicer is authorized to execute and deliver to the Mortgagor
the request for reconveyance, deed of reconveyance or release or satisfaction of mortgage or
such instrument releasing the lien of the Mortgage, together with the Mortgage Note with, as
appropriate, written evidence of cancellation thereon and to cause the removal from the
registration on the MERS(R)System of such Mortgage and to execute and deliver, on behalf of
the Trustee and the Certificateholders or any of them, any and all instruments of
satisfaction or cancellation or of partial or full release. No expenses incurred in
connection with any instrument of satisfaction or deed of reconveyance shall be chargeable
to the Custodial Account or the Certificate Account.
(b) From time to time as is appropriate for the servicing or foreclosure of any Mortgage
Loan, the Master Servicer shall deliver to the Custodian, with a copy to the Trustee, a
certificate of a Servicing Officer substantially in one of the forms attached as Exhibit F
hereto, or, in the case of the Custodian, an electronic request in a form acceptable to the
Custodian, requesting that possession of all, or any document constituting part of, the
Mortgage File be released to the Master Servicer and certifying as to the reason for such
release and that such release will not invalidate any insurance coverage provided in respect
of the Mortgage Loan under any Required Insurance Policy. Upon receipt of the foregoing,
the Trustee shall deliver, or cause the Custodian to deliver, the Mortgage File or any
document therein to the Master Servicer. The Master Servicer shall cause each Mortgage File
or any document therein so released to be returned to the Trustee, or the Custodian as agent
for the Trustee when the need therefor by the Master Servicer no longer exists, unless (i)
the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage
Loan have been deposited in the Custodial Account or (ii) the Mortgage File or such document
has been delivered directly or through a Subservicer to an attorney, or to a public trustee
or other public official as required by law, for purposes of initiating or pursuing legal
action or other proceedings for the foreclosure of the Mortgaged Property either judicially
or non-judicially, and the Master Servicer has delivered directly or through a Subservicer
to the Trustee a certificate of a Servicing Officer certifying as to the name and address of
the Person to which such Mortgage File or such document was delivered and the purpose or
purposes of such delivery. In the event of the liquidation of a Mortgage Loan, the Trustee
shall deliver the Request for Release with respect thereto to the Master Servicer upon
deposit of the related Liquidation Proceeds in the Custodial Account.
(c) The Trustee or the Master Servicer on the Trustee's behalf shall execute and deliver
to the Master Servicer, if necessary, any court pleadings, requests for trustee's sale or
other documents necessary to the foreclosure or trustee's sale in respect of a Mortgaged
Property or to any legal action brought to obtain judgment against any Mortgagor on the
Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other
remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law
or in equity. Together with such documents or pleadings (if signed by the Trustee), the
Master Servicer shall deliver to the Trustee a certificate of a Servicing Officer requesting
that such pleadings or documents be executed by the Trustee and certifying as to the reason
such documents or pleadings are required and that the execution and delivery thereof by the
Trustee will not invalidate any insurance coverage under any Required Insurance Policy or
invalidate or otherwise affect the lien of the Mortgage, except for the termination of such
a lien upon completion of the foreclosure or trustee's sale.
Section 3.16. Servicing and Other Compensation; Compensating Interest.
(a) The Master Servicer, as compensation for its activities hereunder, shall be entitled
to receive on each Distribution Date the amounts provided for by clauses (iii), (iv), (v)
and (vi) of Section 3.10(a), subject to clause (e) below. The amount of servicing
compensation provided for in such clauses shall be accounted for on a Mortgage
Loan-by-Mortgage Loan basis. In the event that Liquidation Proceeds, Insurance Proceeds and
REO Proceeds (net of amounts reimbursable therefrom pursuant to Section 3.10(a)(ii)) in
respect of a Cash Liquidation or REO Disposition exceed the unpaid principal balance of such
Mortgage Loan plus unpaid interest accrued thereon (including REO Imputed Interest) at a per
annum rate equal to the related Net Mortgage Rate (or the Modified Net Mortgage Rate in the
case of a Modified Mortgage Loan), the Master Servicer shall be entitled to retain therefrom
and to pay to itself and/or the related Subservicer, any Foreclosure Profits and any
Servicing Fee or Subservicing Fee considered to be accrued but unpaid.
(b) Additional servicing compensation in the form of prepayment charges, assumption fees,
late payment charges, investment income on amounts in the Custodial Account or the
Certificate Account or otherwise shall be retained by the Master Servicer or the Subservicer
to the extent provided herein, subject to clause (e) below.
(c) The Master Servicer shall be required to pay, or cause to be paid, all expenses
incurred by it in connection with its servicing activities hereunder (including payment of
premiums for the Primary Insurance Policies, if any, to the extent such premiums are not
required to be paid by the related Mortgagors, and the fees and expenses of the Trustee and
any co-trustee (as provided in Section 8.05) and the fees and expense of any Custodian) and
shall not be entitled to reimbursement therefor except as specifically provided in Sections
3.10 and 3.14.
(d) The Master Servicer's right to receive servicing compensation may not be transferred
in whole or in part except in connection with the transfer of all of its responsibilities
and obligations of the Master Servicer under this Agreement.
(e) Notwithstanding any other provision herein, the amount of servicing compensation that
the Master Servicer shall be entitled to receive for its activities hereunder for the period
ending on each Distribution Date shall be reduced (but not below zero) by an amount equal to
Compensating Interest (if any) for such Distribution Date. Such reduction shall be applied
during such period as follows: first, to any Servicing Fee or Subservicing Fee to which the
Master Servicer is entitled pursuant to Section 3.10(a)(iii), and second, to any income or
gain realized from any investment of funds held in the Custodial Account or the Certificate
Account to which the Master Servicer is entitled pursuant to Sections 3.07(c) or 4.01(b),
respectively. In making such reduction, the Master Servicer (i) will not withdraw from the
Custodial Account any such amount representing all or a portion of the Servicing Fee to
which it is entitled pursuant to Section 3.10(a)(iii), and (ii) will not withdraw from the
Custodial Account or Certificate Account any such amount to which it is entitled pursuant to
Section 3.07(c) or 4.01(b).
Section 3.17. Reports to the Trustee and the Company.
Not later than fifteen days after it receives a written request from the Trusee or
the Company, the Master Servicer shall forward to the Trustee and the Company a statement,
certified by a Servicing Officer, setting forth the status of the Custodial Account as of
the close of business on the immediately preceding Distribution Date as it relates to the
Mortgage Loans and showing, for the period covered by such statement, the aggregate of
deposits in or withdrawals from the Custodial Account in respect of the Mortgage Loans for
each category of deposit specified in Section 3.07 and each category of withdrawal specified
in Section 3.10.
Section 3.18. Annual Statement as to Compliance and Servicing Assessment.
The Master Servicer will deliver to the Company and the Trustee on or before the
earlier of (a) March 31 of each year or (b) with respect to any calendar year during which
the Company's annual report on Form 10-K is required to be filed in accordance with the
Exchange Act and the rules and regulations of the Commission, the date on which the annual
report on Form 10-K is required to be filed in accordance with the Exchange Act and the
rules and regulations of the Commission, (i) a servicing assessment as described in Section
4.03(f)(ii) and (ii) a servicer compliance statement, signed by an authorized officer of the
Master Servicer, as described in Items 1122(a), 1122(b) and 1123 of Regulation AB, to the
effect that:
(A) A review of the Master Servicer's activities during the reporting period and
of its performance under this Agreement has been made under such officer's supervision.
(B) To the best of such officer's knowledge, based on such review, the Master
Servicer has fulfilled all of its obligations under this Agreement in all material respects
throughout the reporting period or, if there has been a failure to fulfill any such
obligation in any material respect, specifying each such failure known to such officer and
the nature and status thereof.
The Master Servicer shall use commercially reasonable efforts to obtain from all
other parties participating in the servicing function any additional certifications required
under Item 1122 and Item 1123 of Regulation AB to the extent required to be included in a
Report on Form 10-K; provided, however, that a failure to obtain such certifications shall
not be a breach of the Master Servicer's duties hereunder if any such party fails to deliver
such a certification.
Section 3.19. Annual Independent Public Accountants' Servicing Report.
On or before the earlier of (a) March 31 of each year or (b) with respect to any
calendar year during which the Company's annual report on Form 10-K is required to be filed
in accordance with the Exchange Act and the rules and regulations of the Commission, the
date on which the annual report is required to be filed in accordance with the Exchange Act
and the rules and regulations of the Commission, the Master Servicer at its expense shall
cause a firm of independent public accountants, which shall be members of the American
Institute of Certified Public Accountants, to furnish a report to the Company and the
Trustee the attestation required under Item 1122(b) of Regulation AB. In rendering such
statement, such firm may rely, as to matters relating to the direct servicing of mortgage
loans by Subservicers, upon comparable statements for examinations conducted by independent
public accountants substantially in accordance with standards established by the American
Institute of Certified Public Accountants (rendered within one year of such statement) with
respect to such Subservicers.
Section 3.20. Rights of the Company in Respect of the Master Servicer.
The Master Servicer shall afford the Company, upon reasonable notice, during normal
business hours access to all records maintained by the Master Servicer in respect of its
rights and obligations hereunder and access to officers of the Master Servicer responsible
for such obligations. Upon request, the Master Servicer shall furnish the Company with its
most recent financial statements and such other information as the Master Servicer possesses
regarding its business, affairs, property and condition, financial or otherwise. The Master
Servicer shall also cooperate with all reasonable requests for information including, but
not limited to, notices, tapes and copies of files, regarding itself, the Mortgage Loans or
the Certificates from any Person or Persons identified by the Company or Residential
Funding. The Company may, but is not obligated to, enforce the obligations of the Master
Servicer hereunder and may, but is not obligated to, perform, or cause a designee to
perform, any defaulted obligation of the Master Servicer hereunder or exercise the rights of
the Master Servicer hereunder; provided that the Master Servicer shall not be relieved of
any of its obligations hereunder by virtue of such performance by the Company or its
designee. The Company shall not have any responsibility or liability for any action or
failure to act by the Master Servicer and is not obligated to supervise the performance of
the Master Servicer under this Agreement or otherwise.
Section 3.21. Administration of Buydown Funds
(a) With respect to any Buydown Mortgage Loan, the Subservicer has deposited Buydown
Funds in an account that satisfies the requirements for a Subservicing Account (the "Buydown
Account"). The Master Servicer shall cause the Subservicing Agreement to require that upon
receipt from the Mortgagor of the amount due on a Due Date for each Buydown Mortgage Loan,
the Subservicer will withdraw from the Buydown Account the predetermined amount that, when
added to the amount due on such date from the Mortgagor, equals the full Monthly Payment and
transmit that amount in accordance with the terms of the Subservicing Agreement to the
Master Servicer together with the related payment made by the Mortgagor or advanced by the
Subservicer.
(b) If the Mortgagor on a Buydown Mortgage Loan prepays such loan in its entirety during
the period (the "Buydown Period") when Buydown Funds are required to be applied to such
Buydown Mortgage Loan, the Subservicer shall be required to withdraw from the Buydown
Account and remit any Buydown Funds remaining in the Buydown Account in accordance with the
related buydown agreement. The amount of Buydown Funds which may be remitted in accordance
with the related buydown agreement may reduce the amount required to be paid by the
Mortgagor to fully prepay the related Mortgage Loan. If the Mortgagor on a Buydown Mortgage
Loan defaults on such Mortgage Loan during the Buydown Period and the property securing such
Buydown Mortgage Loan is sold in the liquidation thereof (either by the Master Servicer or
the insurer under any related Primary Insurance Policy), the Subservicer shall be required
to withdraw from the Buydown Account the Buydown Funds for such Buydown Mortgage Loan still
held in the Buydown Account and remit the same to the Master Servicer in accordance with the
terms of the Subservicing Agreement for deposit in the Custodial Account or, if instructed
by the Master Servicer, pay to the insurer under any related Primary Insurance Policy if the
Mortgaged Property is transferred to such insurer and such insurer pays all of the loss
incurred in respect of such default. Any amount so remitted pursuant to the preceding
sentence will be deemed to reduce the amount owed on the Mortgage Loan.
Section 3.22. Advance Facility
(a) The Master Servicer is hereby authorized to enter into a financing or other facility
(any such arrangement, an "Advance Facility") under which (1) the Master Servicer sells,
assigns or pledges to another Person (an "Advancing Person") the Master Servicer's rights
under this Agreement to be reimbursed for any Advances or Servicing Advances and/or (2) an
Advancing Person agrees to fund some or all Advances and/or Servicing Advances required to
be made by the Master Servicer pursuant to this Agreement. No consent of the Depositor, the
Trustee, the Certificateholders or any other party shall be required before the Master
Servicer may enter into an Advance Facility. Notwithstanding the existence of any Advance
Facility under which an Advancing Person agrees to fund Advances and/or Servicing Advances
on the Master Servicer's behalf, the Master Servicer shall remain obligated pursuant to
this Agreement to make Advances and Servicing Advances pursuant to and as required by this
Agreement. If the Master Servicer enters into an Advance Facility, and for so long as an
Advancing Person remains entitled to receive reimbursement for any Advances including
Nonrecoverable Advances ("Advance Reimbursement Amounts") and/or Servicing Advances
including Nonrecoverable Advances ("Servicing Advance Reimbursement Amounts" and together
with Advance Reimbursement Amounts, "Reimbursement Amounts") (in each case to the extent
such type of Reimbursement Amount is included in the Advance Facility), as applicable,
pursuant to this Agreement, then the Master Servicer shall identify such Reimbursement
Amounts consistent with the reimbursement rights set forth in Section 3.10(a)(ii) and (vii)
and remit such Reimbursement Amounts in accordance with this Section 3.22 or otherwise in
accordance with the documentation establishing the Advance Facility to such Advancing Person
or to a trustee, agent or custodian (an "Advance Facility Trustee") designated by such
Advancing Person in an Advance Facility Notice described below in Section 3.22(b).
Notwithstanding the foregoing, if so required pursuant to the terms of the Advance Facility,
the Master Servicer may direct, and if so directed in writing the Trustee is hereby
authorized to and shall pay to the Advance Facility Trustee the Reimbursement Amounts
identified pursuant to the preceding sentence. An Advancing Person whose obligations
hereunder are limited to the funding of Advances and/or Servicing Advances shall not be
required to meet the qualifications of a Master Servicer or a Subservicer pursuant to
Section 3.02(a) or 6.02(c) hereof and shall not be deemed to be a Subservicer under this
Agreement. Notwithstanding anything to the contrary herein, in no event shall Advance
Reimbursement Amounts or Servicing Advance Reimbursement Amounts be included in the
Available Distribution Amount or distributed to Certificateholders.
(b) If the Master Servicer enters into an Advance Facility and makes the election set
forth in Section 3.22(a), the Master Servicer and the related Advancing Person shall deliver
to the Certificate Insurer and the Trustee a written notice and payment instruction (an
"Advance Facility Notice"), providing the Trustee with written payment instructions as to
where to remit Advance Reimbursement Amounts and/or Servicing Advance Reimbursement Amounts
(each to the extent such type of Reimbursement Amount is included within the Advance
Facility) on subsequent Distribution Dates. The payment instruction shall require the
applicable Reimbursement Amounts to be distributed to the Advancing Person or to an Advance
Facility Trustee designated in the Advance Facility Notice. An Advance Facility Notice may
only be terminated by the joint written direction of the Master Servicer and the related
Advancing Person (and any related Advance Facility Trustee). The Master Servicer shall
provide the Certificate Insurer, if any, with notice of any termination of any Advance
Facility pursuant to this Section 3.22(b).
(c) Reimbursement Amounts shall consist solely of amounts in respect of Advances and/or
Servicing Advances made with respect to the Mortgage Loans for which the Master Servicer
would be permitted to reimburse itself in accordance with Section 3.10(a)(ii) and (vii)
hereof, assuming the Master Servicer or the Advancing Person had made the related Advance(s)
and/or Servicing Advance(s). Notwithstanding the foregoing, except with respect to
reimbursement of Nonrecoverable Advances as set forth in Section 3.10(c) of this Agreement,
no Person shall be entitled to reimbursement from funds held in the Collection Account for
future distribution to Certificateholders pursuant to this Agreement. Neither the Company
nor the Trustee shall have any duty or liability with respect to the calculation of any
Reimbursement Amount, nor shall the Company or the Trustee have any responsibility to track
or monitor the administration of the Advance Facility or have any responsibility to track,
monitor or verify the payment of Reimbursement Amounts to the related Advancing Person or
Advance Facility Trustee; provided, however, the Trustee shall maintain records with respect
to the payment of such Reimbursement Amounts as it does with respect to other distributions
made pursuant to this Agreement. The Master Servicer shall maintain and provide to any
Successor Master Servicer a detailed accounting on a loan-by-loan basis as to amounts
advanced by, sold, pledged or assigned to, and reimbursed to any Advancing Person. The
Successor Master Servicer shall be entitled to rely on any such information provided by the
Master Servicer and the Successor Master Servicer shall not be liable for any errors in such
information.
(d) Upon the direction of and at the expense of the Master Servicer, the Trustee agrees
to execute such acknowledgments reasonably satisfactory to the Trustee provided by the
Master Servicer recognizing the interests of any Advancing Person or Advance Facility
Trustee in such Reimbursement Amounts as the Master Servicer may cause to be made subject to
Advance Facilities pursuant to this Section 3.22.
(e) Reimbursement Amounts collected with respect to each Mortgage Loan shall be allocated
to outstanding unreimbursed Advances or Servicing Advances (as the case may be) made with
respect to that Mortgage Loan on a "first-in, first out" ("FIFO") basis, subject to the
qualifications set forth below:
(i) Any successor Master Servicer to Residential Funding (a "Successor
Master Servicer") and the Advancing Person or Advance Facility Trustee shall be
required to apply all amounts available in accordance with this Section 3.22(e) to
the reimbursement of Advances and Servicing Advances in the manner provided for
herein; provided, however, that after the succession of a Successor Master Servicer,
(A) to the extent that any Advances or Servicing Advances with respect to any
particular Mortgage Loan are reimbursed from payments or recoveries, if any, from the
related Mortgagor, and Liquidation Proceeds or Insurance Proceeds, if any, with
respect to that Mortgage Loan, reimbursement shall be made, first, to the Advancing
Person or Advance Facility Trustee in respect of Advances and/or Servicing Advances
related to that Mortgage Loan to the extent of the interest of the Advancing Person
or Advance Facility Trustee in such Advances and/or Servicing Advances, second to the
Master Servicer in respect of Advances and/or Servicing Advances related to that
Mortgage Loan in excess of those in which the Advancing Person or Advance Facility
Trustee Person has an interest, and third, to the Successor Master Servicer in
respect of any other Advances and/or Servicing Advances related to that Mortgage
Loan, from such sources as and when collected, and (B) reimbursements of Advances and
Servicing Advances that are Nonrecoverable Advances shall be made pro rata to the
Advancing Person or Advance Facility Trustee, on the one hand, and any such Successor
Master Servicer, on the other hand, on the basis of the respective aggregate
outstanding unreimbursed Advances and Servicing Advances that are Nonrecoverable
Advances owed to the Advancing Person, Advance Facility Trustee or Master Servicer
pursuant to this Agreement, on the one hand, and any such Successor Master Servicer,
on the other hand, and without regard to the date on which any such Advances or
Servicing Advances shall have been made. In the event that, as a result of the FIFO
allocation made pursuant to this Section 3.22(e), some or all of a Reimbursement
Amount paid to the Advancing Person or Advance Facility Trustee relates to Advances
or Servicing Advances that were made by a Person other than Residential Funding or
the Advancing Person or Advance Facility Trustee, then the Advancing Person or
Advance Facility Trustee shall be required to remit any portion of such Reimbursement
Amount to the Person entitled to such portion of such Reimbursement Amount. Without
limiting the generality of the foregoing, Residential Funding shall remain entitled
to be reimbursed by the Advancing Person or Advance Facility Trustee for all Advances
and Servicing Advances funded by Residential Funding to the extent the related
Reimbursement Amount(s) have not been assigned or pledged to an Advancing Person or
Advance Facility Trustee. The documentation establishing any Advance Facility shall
require Residential Funding to provide to the related Advancing Person or Advance
Facility Trustee loan by loan information with respect to each Reimbursement Amount
distributed to such Advancing Person or Advance Facility Trustee on each date of
remittance thereof to such Advancing Person or Advance Facility Trustee, to enable
the Advancing Person or Advance Facility Trustee to make the FIFO allocation of each
Reimbursement Amount with respect to each Mortgage Loan.
(ii) By way of illustration, and not by way of limiting the generality of
the foregoing, if the Master Servicer resigns or is terminated at a time when the
Master Servicer is a party to an Advance Facility, and is replaced by a Successor
Master Servicer, and the Successor Master Servicer directly funds Advances or
Servicing Advances with respect to a Mortgage Loan and does not assign or pledge the
related Reimbursement Amounts to the related Advancing Person or Advance Facility
Trustee, then all payments and recoveries received from the related Mortgagor or
received in the form of Liquidation Proceeds with respect to such Mortgage Loan
(including Insurance Proceeds collected in connection with a liquidation of such
Mortgage Loan) will be allocated first to the Advancing Person or Advance Facility
Trustee until the related Reimbursement Amounts attributable to such Mortgage Loan
that are owed to the Master Servicer and the Advancing Person, which were made prior
to any Advances or Servicing Advances made by the Successor Master Servicer, have
been reimbursed in full, at which point the Successor Master Servicer shall be
entitled to retain all related Reimbursement Amounts subsequently collected with
respect to that Mortgage Loan pursuant to Section 3.10 of this Agreement. To the
extent that the Advances or Servicing Advances are Nonrecoverable Advances to be
reimbursed on an aggregate basis pursuant to Section 3.10 of this Agreement, the
reimbursement paid in this manner will be made pro rata to the Advancing Person or
Advance Facility Trustee, on the one hand, and the Successor Master Servicer, on the
other hand, as described in clause (i)(B) above.
(f) The Master Servicer shall remain entitled to be reimbursed for all Advances
and Servicing Advances funded by the Master Servicer to the extent the related rights to be
reimbursed therefor have not been sold, assigned or pledged to an Advancing Person.
(g) Any amendment to this Section 3.22 or to any other provision of this Agreement
that may be necessary or appropriate to effect the terms of an Advance Facility as described
generally in this Section 3.22, including amendments to add provisions relating to a
successor Master Servicer, may be entered into by the Trustee, the Certificate Insurer,
Company and the Master Servicer without the consent of any Certificateholder, with written
confirmation from each Rating Agency that the amendment will not result in the reduction of
the ratings on any class of the Certificates below the lesser of the then current or
original ratings on such Certificates, notwithstanding anything to the contrary in Section
11.01 of or elsewhere in this Agreement.
(h) Any rights of set-off that the Trust Fund, the Trustee, the Company, any
Successor Master Servicer or any other Person might otherwise have against the Master
Servicer under this Agreement shall not attach to any rights to be reimbursed for Advances
or Servicing Advances that have been sold, transferred, pledged, conveyed or assigned to any
Advancing Person.
(i) At any time when an Advancing Person shall have ceased funding Advances and/or
Servicing Advances (as the case may be) and the Advancing Person or related Advance Facility
Trustee shall have received Reimbursement Amounts sufficient in the aggregate to reimburse
all Advances and/or Servicing Advances (as the case may be) the right to reimbursement for
which were assigned to the Advancing Person, then upon the delivery of a written notice
signed by the Advancing Person and the Master Servicer or its successor or assign) to the
Trustee terminating the Advance Facility Notice (the "Notice of Facility Termination"), the
Master Servicer or its Successor Master Servicer shall again be entitled to withdraw and
retain the related Reimbursement Amounts from the Custodial Account pursuant to Section 3.10.
(j) After delivery of any Advance Facility Notice, and until any such Advance
Facility Notice has been terminated by a Notice of Facility Termination, this Section 3.22
may not be amended or otherwise modified without the prior written consent of the related
Advancing Person.
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01. Certificate Account.
(a) The Master Servicer on behalf of the Trustee shall establish and maintain a
Certificate Account in which the Master Servicer shall cause to be deposited on behalf of
the Trustee on or before 2:00 P.M. New York time on each Certificate Account Deposit Date by
wire transfer of immediately available funds an amount equal to the sum of (i) any Advance
for the immediately succeeding Distribution Date, (ii) any amount required to be deposited
in the Certificate Account pursuant to Section 3.12(a), (iii) any amount required to be
deposited in the Certificate Account pursuant to Section 3.16(e) or Section 4.07, (iv) any
amount required to be paid pursuant to Section 9.01 and (v) all other amounts constituting
the Available Distribution Amount for the immediately succeeding Distribution Date.
(b) The Trustee shall, upon written request from the Master Servicer, invest or cause the
institution maintaining the Certificate Account to invest the funds in the Certificate
Account in Permitted Investments designated in the name of the Trustee for the benefit of
the Certificateholders, which shall mature or be payable on demand not later than the
Business Day next preceding the Distribution Date next following the date of such investment
(except that (i) any investment in the institution with which the Certificate Account is
maintained may mature or be payable on demand on such Distribution Date and (ii) any other
investment may mature or be payable on demand on such Distribution Date if the Trustee shall
advance funds on such Distribution Date to the Certificate Account in the amount payable on
such investment on such Distribution Date, pending receipt thereof to the extent necessary
to make distributions on the Certificates) and shall not be sold or disposed of prior to
maturity. Subject to Section 3.16(e), all income and gain realized from any such investment
shall be for the benefit of the Master Servicer and shall be subject to its withdrawal or
order from time to time. The amount of any losses incurred in respect of any such
investments shall be deposited in the Certificate Account by the Master Servicer out of its
own funds immediately as realized without any right of reimbursement. The Trustee or its
Affiliates are permitted to receive compensation that could be deemed to be in the Trustee's
economic self-interest for (i) serving as investment adviser (with respect to investments
made through its Affiliates), administrator, shareholder servicing agent, custodian or
sub-custodian with respect to certain of the Permitted Investments, (ii) using Affiliates to
effect transactions in certain Permitted Investments and (iii) effecting transactions in
certain Permitted Investments.
Section 4.02. Distributions.
As provided in Section 4.02 of the Series Supplement.
Section 4.03. Statements to Certificateholders; Statements to Rating Agencies; Exchange Act
Reporting.
(a) Concurrently with each distribution charged to the Certificate Account and with
respect to each Distribution Date the Master Servicer shall forward to the Trustee and the
Trustee shall either forward by mail or make available to each Holder and the Company, via
the Trustee's internet website, a statement (and at its option, any additional files
containing the same information in an alternative format) setting forth information as to
each Class of Certificates, the Mortgage Pool and, if the Mortgage Pool is comprised of two
or more Loan Groups, each Loan Group, to the extent applicable. This statement will include
the information set forth in an exhibit to the Series Supplement. The Trustee shall mail to
each Holder that requests a paper copy by telephone a paper copy via first class mail. The
Trustee shall provide prior notification to the Company, the Master Servicer and the
Certificateholders regarding any such modification. In addition, the Master Servicer shall
provide to any manager of a trust fund consisting of some or all of the Certificates, upon
reasonable request, such additional information as is reasonably obtainable by the Master
Servicer at no additional expense to the Master Servicer. Also, at the request of a Rating
Agency, the Master Servicer shall provide the information relating to the Reportable
Modified Mortgage Loans substantially in the form attached hereto as Exhibit Q to such
Rating Agency within a reasonable period of time; provided, however, that the Master
Servicer shall not be required to provide such information more than four times in a
calendar year to any Rating Agency.
(b) Within a reasonable period of time after the end of each calendar year, the Master
Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be
forwarded, to the Trustee, and the Trustee shall make available to each Person who at any
time during the calendar year was the Holder of a Certificate, other than a Class R
Certificate, via the Trustee's internet website, a statement containing the information set
forth in clauses (i) and (ii) of the exhibit to the Series Supplement referred to in
subsection (a) above aggregated for such calendar year or applicable portion thereof during
which such Person was a Certificateholder. The Trustee shall mail to each Holder that
requests a paper copy by telephone a paper copy via first class mail. Such obligation of
the Master Servicer shall be deemed to have been satisfied to the extent that substantially
comparable information shall be provided by the Master Servicer pursuant to any requirements
of the Code.
(c) Within a reasonable period of time after the end of each calendar year, the Master
Servicer shall prepare, or cause to be prepared, and shall forward, or cause to be
forwarded, to the Trustee, and the Trustee shall make available to each Person who at any
time during the calendar year was the Holder of a Class R Certificate, via the Trustee's
internet website, a statement containing the applicable distribution information provided
pursuant to this Section 4.03 aggregated for such calendar year or applicable portion
thereof during which such Person was the Holder of a Class R Certificate. The Trustee shall
mail to each Holder that requests a paper copy by telephone a paper copy via first class
mail. Such obligation of the Master Servicer shall be deemed to have been satisfied to the
extent that substantially comparable information shall be provided by the Master Servicer
pursuant to any requirements of the Code.
(d) Upon the written request of any Certificateholder, the Master Servicer, as soon as
reasonably practicable, shall provide the requesting Certificateholder with such information
as is necessary and appropriate, in the Master Servicer's sole discretion, for purposes of
satisfying applicable reporting requirements under Rule 144A.
(e) The Master Servicer shall, on behalf of the Company and in respect of the Trust Fund,
sign and cause to be filed with the Commission any periodic reports required to be filed
under the provisions of the Exchange Act, and the rules and regulations of the Commission
thereunder including, without limitation, reports on Form 10-K, Form 10-D and Form 8-K. In
connection with the preparation and filing of such periodic reports, the Trustee shall
timely provide to the Master Servicer (I) a list of Certificateholders as shown on the
Certificate Register as of the end of each calendar year, (II) copies of all pleadings,
other legal process and any other documents relating to any claims, charges or complaints
involving the Trustee, as trustee hereunder, or the Trust Fund that are received by a
Responsible Officer of the Trustee, (III) notice of all matters that, to the actual
knowledge of a Responsible Officer of the Trustee, have been submitted to a vote of the
Certificateholders, other than those matters that have been submitted to a vote of the
Certificateholders at the request of the Company or the Master Servicer, and (IV) notice of
any failure of the Trustee to make any distribution to the Certificateholders as required
pursuant to the Series Supplement. Neither the Master Servicer nor the Trustee shall have
any liability with respect to the Master Servicer's failure to properly prepare or file such
periodic reports resulting from or relating to the Master Servicer's inability or failure to
obtain any information not resulting from the Master Servicer's own negligence or willful
misconduct.
(f) Any Form 10-K filed with the Commission in connection with this Section 4.03 shall
include, with respect to the Certificates relating to such 10-K:
(i) A certification, signed by the senior officer in charge of the servicing functions of
the Master Servicer, in the form attached as Exhibit O hereto or such other form as
may be required or permitted by the Commission (the "Form 10-K Certification"), in
compliance with Rules 13a-14 and 15d-14 under the Exchange Act and any additional
directives of the Commission.
(ii) A report regarding its assessment of compliance during the preceding calendar year
with all applicable servicing criteria set forth in relevant Commission regulations
with respect to mortgage-backed securities transactions taken as a whole involving
the Master Servicer that are backed by the same types of assets as those backing the
certificates, as well as similar reports on assessment of compliance received from
other parties participating in the servicing function as required by relevant
Commission regulations, as described in Item 1122(a) of Regulation AB. The Master
Servicer shall obtain from all other parties participating in the servicing function
any required assessments.
(iii) With respect to each assessment report described immediately above, a report by a
registered public accounting firm that attests to, and reports on, the assessment
made by the asserting party, as set forth in relevant Commission regulations, as
described in Regulation 1122(b) of Regulation AB and Section 3.19.
(iv) The servicer compliance certificate required to be delivered pursuant Section 3.18.
(g) In connection with the Form 10-K Certification, the Trustee shall provide the Master
Servicer with a back-up certification substantially in the form attached hereto as Exhibit P.
(h) This Section 4.03 may be amended in accordance with this Agreement without the
consent of the Certificateholders.
(i) The Trustee shall make available on the Trustee's internet website each of the
reports filed with the Commission by or on behalf of the Company under the Exchange Act, as
soon as reasonably practicable upon delivery of such reports to the Trustee.
Section 4.04. Distribution of Reports to the Trustee and
the Company; Advances by the Master Servicer.
(a) Prior to the close of business on the Determination Date, the Master Servicer shall
furnish a written statement to the Trustee, any Paying Agent and the Company (the
information in such statement to be made available to any Certificate Insurer and
Certificateholders by the Master Servicer on request) setting forth (i) the Available
Distribution Amount and (ii) the amounts required to be withdrawn from the Custodial Account
and deposited into the Certificate Account on the immediately succeeding Certificate Account
Deposit Date pursuant to clause (iii) of Section 4.01(a). The determination by the Master
Servicer of such amounts shall, in the absence of obvious error, be presumptively deemed to
be correct for all purposes hereunder and the Trustee shall be protected in relying upon the
same without any independent check or verification.
(b) On or before 2:00 P.M. New York time on each Certificate Account Deposit Date, the
Master Servicer shall either (i) deposit in the Certificate Account from its own funds, or
funds received therefor from the Subservicers, an amount equal to the Advances to be made by
the Master Servicer in respect of the related Distribution Date, which shall be in an
aggregate amount equal to the aggregate amount of Monthly Payments (with each interest
portion thereof adjusted to the Net Mortgage Rate), less the amount of any related Servicing
Modifications, Debt Service Reductions or reductions in the amount of interest collectable
from the Mortgagor pursuant to the Servicemembers Civil Relief Act, as amended, or similar
legislation or regulations then in effect, on the Outstanding Mortgage Loans as of the
related Due Date, which Monthly Payments were not received as of the close of business as of
the related Determination Date; provided that no Advance shall be made if it would be a
Nonrecoverable Advance, (ii) withdraw from amounts on deposit in the Custodial Account and
deposit in the Certificate Account all or a portion of the Amount Held for Future
Distribution in discharge of any such Advance, or (iii) make advances in the form of any
combination of (i) and (ii) aggregating the amount of such Advance. Any portion of the
Amount Held for Future Distribution so used shall be replaced by the Master Servicer by
deposit in the Certificate Account on or before 11:00 A.M. New York time on any future
Certificate Account Deposit Date to the extent that funds attributable to the Mortgage Loans
that are available in the Custodial Account for deposit in the Certificate Account on such
Certificate Account Deposit Date shall be less than payments to Certificateholders required
to be made on the following Distribution Date. The Master Servicer shall be entitled to use
any Advance made by a Subservicer as described in Section 3.07(b) that has been deposited in
the Custodial Account on or before such Distribution Date as part of the Advance made by the
Master Servicer pursuant to this Section 4.04. The amount of any reimbursement pursuant to
Section 4.02(a) in respect of outstanding Advances on any Distribution Date shall be
allocated to specific Monthly Payments due but delinquent for previous Due Periods, which
allocation shall be made, to the extent practicable, to Monthly Payments which have been
delinquent for the longest period of time. Such allocations shall be conclusive for
purposes of reimbursement to the Master Servicer from recoveries on related Mortgage Loans
pursuant to Section 3.10.
The determination by the Master Servicer that it has made a Nonrecoverable Advance or
that any proposed Advance, if made, would constitute a Nonrecoverable Advance, shall be
evidenced by an Officers' Certificate of the Master Servicer delivered to the Company and
the Trustee.
If the Master Servicer determines as of the Business Day preceding any Certificate
Account Deposit Date that it will be unable to deposit in the Certificate Account an amount
equal to the Advance required to be made for the immediately succeeding Distribution Date,
it shall give notice to the Trustee of its inability to advance (such notice may be given by
telecopy), not later than 3:00 P.M., New York time, on such Business Day, specifying the
portion of such amount that it will be unable to deposit. Not later than 3:00 P.M., New
York time, on the Certificate Account Deposit Date the Trustee shall, unless by 12:00 Noon,
New York time, on such day the Trustee shall have been notified in writing (by telecopy)
that the Master Servicer shall have directly or indirectly deposited in the Certificate
Account such portion of the amount of the Advance as to which the Master Servicer shall have
given notice pursuant to the preceding sentence, pursuant to Section 7.01, (a) terminate all
of the rights and obligations of the Master Servicer under this Agreement in accordance with
Section 7.01 and (b) assume the rights and obligations of the Master Servicer hereunder,
including the obligation to deposit in the Certificate Account an amount equal to the
Advance for the immediately succeeding Distribution Date.
The Trustee shall deposit all funds it receives pursuant to this Section 4.04 into
the Certificate Account.
Section 4.05. Allocation of Realized Losses.
As provided in Section 4.05 of the Series Supplement.
Section 4.06. Reports of Foreclosures and Abandonment of Mortgaged Property.
The Master Servicer or the Subservicers shall file information returns with respect
to the receipt of mortgage interests received in a trade or business, the reports of
foreclosures and abandonments of any Mortgaged Property and the information returns relating
to cancellation of indebtedness income with respect to any Mortgaged Property required by
Sections 6050H, 6050J and 6050P, respectively, of the Code, and deliver to the Trustee an
Officers' Certificate on or before March 31 of each year stating that such reports have been
filed. Such reports shall be in form and substance sufficient to meet the reporting
requirements imposed by Sections 6050H, 6050J and 6050P of the Code.
Section 4.07. Optional Purchase of Defaulted Mortgage Loans.
(a) With respect to any Mortgage Loan that is delinquent in payment by 90 days or more,
the Master Servicer may, at its option, purchase such Mortgage Loan from the Trustee at the
Purchase Price therefor; provided, that such Mortgage Loan that becomes 90 days or more
delinquent during any given Calendar Quarter shall only be eligible for purchase pursuant to
this Section during the period beginning on the first Business Day of the following Calendar
Quarter, and ending at the close of business on the second-to-last Business Day of such
following Calendar Quarter; and provided, further, that such Mortgage Loan is 90 days or
more delinquent at the time of repurchase. Such option if not exercised shall not
thereafter be reinstated as to any Mortgage Loan, unless the delinquency is cured and the
Mortgage Loan thereafter again becomes delinquent in payment by 90 days or more in a
subsequent Calendar Quarter.
(b) If at any time the Master Servicer makes a payment to the Certificate Account
covering the amount of the Purchase Price for such a Mortgage Loan as provided in clause (a)
above, and the Master Servicer provides to the Trustee a certification signed by a Servicing
Officer stating that the amount of such payment has been deposited in the Certificate
Account, then the Trustee shall execute the assignment of such Mortgage Loan at the request
of the Master Servicer, without recourse, to the Master Servicer, which shall succeed to all
the Trustee's right, title and interest in and to such Mortgage Loan, and all security and
documents relative thereto. Such assignment shall be an assignment outright and not for
security. The Master Servicer will thereupon own such Mortgage, and all such security and
documents, free of any further obligation to the Trustee or the Certificateholders with
respect thereto.
If, however, the Master Servicer shall have exercised its right to repurchase a
Mortgage Loan pursuant to this Section 4.07 upon the written request of and with funds
provided by the Junior Certificateholder and thereupon transferred such Mortgage Loan to the
Junior Certificateholder, the Master Servicer shall so notify the Trustee in writing.
Section 4.08. Surety Bond.
(a) If a Required Surety Payment is payable pursuant to the Surety Bond with respect to
any Additional Collateral Loan, the Master Servicer shall so notify the Trustee as soon as
reasonably practicable and the Trustee shall promptly complete the notice in the form of
Attachment 1 to the Surety Bond and shall promptly submit such notice to the Surety as a
claim for a Required Surety. The Master Servicer shall upon request assist the Trustee in
completing such notice and shall provide any information requested by the Trustee in
connection therewith.
(b) Upon receipt of a Required Surety Payment from the Surety on behalf of the Holders of
Certificates, the Trustee shall deposit such Required Surety Payment in the Certificate
Account and shall distribute such Required Surety Payment, or the proceeds thereof, in
accordance with the provisions of Section 4.02.
(c) The Trustee shall (i) receive as attorney-in-fact of each Holder of a Certificate any
Required Surety Payment from the Surety and (ii) disburse the same to the Holders of such
Certificates as set forth in Section 4.02.
ARTICLE V
THE CERTIFICATES
Section 5.01. The Certificates.
(a) The Senior, Class M, Class B and Class R Certificates shall be substantially in the
forms set forth in Exhibits A, B, C and D, respectively, and shall, on original issue, be
executed and delivered by the Trustee to the Certificate Registrar for authentication and
delivery to or upon the order of the Company upon receipt by the Trustee or one or more
Custodians of the documents specified in Section 2.01. The Certificates shall be issuable
in the minimum denominations designated in the Preliminary Statement to the Series
Supplement.
The Certificates shall be executed by manual or facsimile signature on behalf of an
authorized officer of the Trustee. Certificates bearing the manual or facsimile signatures
of individuals who were at any time the proper officers of the Trustee shall bind the
Trustee, notwithstanding that such individuals or any of them have ceased to hold such
offices prior to the authentication and delivery of such Certificate or did not hold such
offices at the date of such Certificates. No Certificate shall be entitled to any benefit
under this Agreement, or be valid for any purpose, unless there appears on such Certificate
a certificate of authentication substantially in the form provided for herein executed by
the Certificate Registrar by manual signature, and such certificate upon any Certificate
shall be conclusive evidence, and the only evidence, that such Certificate has been duly
authenticated and delivered hereunder. All Certificates shall be dated the date of their
authentication.
(b) Except as provided below, registration of Book-Entry Certificates may not be
transferred by the Trustee except to another Depository that agrees to hold such
Certificates for the respective Certificate Owners with Ownership Interests therein. The
Holders of the Book-Entry Certificates shall hold their respective Ownership Interests in
and to each of such Certificates through the book-entry facilities of the Depository and,
except as provided below, shall not be entitled to Definitive Certificates in respect of
such Ownership Interests. All transfers by Certificate Owners of their respective Ownership
Interests in the Book-Entry Certificates shall be made in accordance with the procedures
established by the Depository Participant or brokerage firm representing such Certificate
Owner. Each Depository Participant shall transfer the Ownership Interests only in the
Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which
it acts as agent in accordance with the Depository's normal procedures.
The Trustee, the Master Servicer and the Company may for all purposes (including the
making of payments due on the respective Classes of Book-Entry Certificates) deal with the
Depository as the authorized representative of the Certificate Owners with respect to the
upon receipt of notice of such intent from the Depository, the Depository Participants
holding beneficial interests in the Book - Entry Certificates agree to such termination,
respective Classes of Book-Entry Certificates for the purposes of exercising the rights of
Certificateholders hereunder. The rights of Certificate Owners with respect to the
respective Classes of Book-Entry Certificates shall be limited to those established by law
and agreements between such Certificate Owners and the Depository Participants and brokerage
firms representing such Certificate Owners. Multiple requests and directions from, and
votes of, the Depository as Holder of any Class of Book-Entry Certificates with respect to
any particular matter shall not be deemed inconsistent if they are made with respect to
different Certificate Owners. The Trustee may establish a reasonable record date in
connection with solicitations of consents from or voting by Certificateholders and shall
give notice to the Depository of such record date.
If (i)(A) the Company advises the Trustee in writing that the Depository is no longer
willing or able to properly discharge its responsibilities as Depository and (B) the Company
is unable to locate a qualified successor or (ii) the Company notifies the Depository of its
intent to terminate the book-entry system and, upon receipt of notice of such intent from
the Depository, the Depository Participants holding beneficial interests in the Book-Entry
Certificates agree to such termination through the Depository, the Trustee shall notify all
Certificate Owners, through the Depository, of the occurrence of any such event and of the
availability of Definitive Certificates to Certificate Owners requesting the same. Upon
surrender to the Trustee of the Book-Entry Certificates by the Depository, accompanied by
registration instructions from the Depository for registration of transfer, the Trustee
shall issue the Definitive Certificates. In addition, if an Event of Default has occurred
and is continuing, each Certificate Owner materially adversely affected thereby may at its
option request a Definitive Certificate evidencing such Certificate Owner's Percentage
Interest in the related Class of Certificates. In order to make such a request, such
Certificate Owner shall, subject to the rules and procedures of the Depository, provide the
Depository or the related Depository Participant with directions for the Certificate
Registrar to exchange or cause the exchange of the Certificate Owner's interest in such
Class of Certificates for an equivalent Percentage Interest in fully registered definitive
form. Upon receipt by the Certificate Registrar of instructions from the Depository
directing the Certificate Registrar to effect such exchange (such instructions shall contain
information regarding the Class of Certificates and the Certificate Principal Balance being
exchanged, the Depository Participant account to be debited with the decrease, the
registered holder of and delivery instructions for the Definitive Certificate, and any other
information reasonably required by the Certificate Registrar), (i) the Certificate Registrar
shall instruct the Depository to reduce the related Depository Participant's account by the
aggregate Certificate Principal Balance of the Definitive Certificate, (ii) the Trustee
shall execute and the Certificate Registrar shall authenticate and deliver, in accordance
with the registration and delivery instructions provided by the Depository, a Definitive
Certificate evidencing such Certificate Owner's Percentage Interest in such Class of
Certificates and (iii) the Trustee shall execute and the Certificate Registrar shall
authenticate a new Book-Entry Certificate reflecting the reduction in the aggregate
Certificate Principal Balance of such Class of Certificates by the Certificate Principal
Balance of the Definitive Certificate.
Neither the Company, the Master Servicer nor the Trustee shall be liable for any
actions taken by the Depository or its nominee, including, without limitation, any delay in
delivery of any instructions required under Section 5.01 and may conclusively rely on, and
shall be protected in relying on, such instructions. Upon the issuance of Definitive
Certificates, the Trustee and the Master Servicer shall recognize the Holders of the
Definitive Certificates as Certificateholders hereunder.
(c) If the Class A-V Certificates are Definitive Certificates, from time to time
Residential Funding, as the initial Holder of the Class A-V Certificates, may exchange such
Holder's Class A-V Certificates for Subclasses of Class A-V Certificates to be issued under
this Agreement by delivering a "Request for Exchange" substantially in the form attached to
this Agreement as Exhibit N executed by an authorized officer, which Subclasses, in the
aggregate, will represent the Uncertificated Class A-V REMIC Regular Interests corresponding
to the Class A-V Certificates so surrendered for exchange. Any Subclass so issued shall
bear a numerical designation commencing with Class A-V-1 and continuing sequentially
thereafter, and will evidence ownership of the Uncertificated REMIC Regular Interest or
Interests specified in writing by such initial Holder to the Trustee. The Trustee may
conclusively, without any independent verification, rely on, and shall be protected in
relying on, Residential Funding's determinations of the Uncertificated Class A-V REMIC
Regular Interests corresponding to any Subclass, the Initial Notional Amount and the initial
Pass-Through Rate on a Subclass as set forth in such Request for Exchange and the Trustee
shall have no duty to determine if any Uncertificated Class A-V REMIC Regular Interest
designated on a Request for Exchange corresponds to a Subclass which has previously been
issued. Each Subclass so issued shall be substantially in the form set forth in Exhibit A
and shall, on original issue, be executed and delivered by the Trustee to the Certificate
Registrar for authentication and delivery in accordance with Section 5.01(a). Every
Certificate presented or surrendered for exchange by the initial Holder shall (if so
required by the Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied
by a written instrument of transfer attached to such Certificate and shall be completed to
the satisfaction of the Trustee and the Certificate Registrar duly executed by, the initial
Holder thereof or his attorney duly authorized in writing. The Certificates of any Subclass
of Class A-V Certificates may be transferred in whole, but not in part, in accordance with
the provisions of Section 5.02.
Section 5.02. Registration of Transfer and Exchange of Certificates.
(a) The Trustee shall cause to be kept at one of the offices or agencies to be appointed
by the Trustee in accordance with the provisions of Section 8.12 a Certificate Register in
which, subject to such reasonable regulations as it may prescribe, the Trustee shall provide
for the registration of Certificates and of transfers and exchanges of Certificates as
herein provided. The Trustee is initially appointed Certificate Registrar for the purpose
of registering Certificates and transfers and exchanges of Certificates as herein provided.
The Certificate Registrar, or the Trustee, shall provide the Master Servicer with a
certified list of Certificateholders as of each Record Date prior to the related
Determination Date.
(b) Upon surrender for registration of transfer of any Certificate at any office or
agency of the Trustee maintained for such purpose pursuant to Section 8.12 and, in the case
of any Class M, Class B or Class R Certificate, upon satisfaction of the conditions set
forth below, the Trustee shall execute and the Certificate Registrar shall authenticate and
deliver, in the name of the designated transferee or transferees, one or more new
Certificates of a like Class (or Subclass) and aggregate Percentage Interest.
(c) At the option of the Certificateholders, Certificates may be exchanged for other
Certificates of authorized denominations of a like Class (or Subclass) and aggregate
Percentage Interest, upon surrender of the Certificates to be exchanged at any such office
or agency. Whenever any Certificates are so surrendered for exchange the Trustee shall
execute and the Certificate Registrar shall authenticate and deliver the Certificates of
such Class which the Certificateholder making the exchange is entitled to receive. Every
Certificate presented or surrendered for transfer or exchange shall (if so required by the
Trustee or the Certificate Registrar) be duly endorsed by, or be accompanied by a written
instrument of transfer in form satisfactory to the Trustee and the Certificate Registrar
duly executed by, the Holder thereof or his attorney duly authorized in writing.
(d) No transfer, sale, pledge or other disposition of a Class B Certificate shall be made
unless such transfer, sale, pledge or other disposition is exempt from the registration
requirements of the Securities Act of 1933, as amended, and any applicable state securities
laws or is made in accordance with said Act and laws. In the event that a transfer of a
Class B Certificate is to be made either (i)(A) the Trustee shall require a written Opinion
of Counsel acceptable to and in form and substance satisfactory to the Trustee and the
Company that such transfer may be made pursuant to an exemption, describing the applicable
exemption and the basis therefor, from said Act and laws or is being made pursuant to said
Act and laws, which Opinion of Counsel shall not be an expense of the Trustee, the Company
or the Master Servicer (except that, if such transfer is made by the Company or the Master
Servicer or any Affiliate thereof, the Company or the Master Servicer shall provide such
Opinion of Counsel at their own expense); provided that such Opinion of Counsel will not be
required in connection with the initial transfer of any such Certificate by the Company or
any Affiliate thereof to the Company or an Affiliate of the Company and (B) the Trustee
shall require the transferee to execute a representation letter, substantially in the form
of Exhibit H hereto, and the Trustee shall require the transferor to execute a
representation letter, substantially in the form of Exhibit I hereto, each acceptable to and
in form and substance satisfactory to the Company and the Trustee certifying to the Company
and the Trustee the facts surrounding such transfer, which representation letters shall not
be an expense of the Trustee, the Company or the Master Servicer; provided, however, that
such representation letters will not be required in connection with any transfer of any such
Certificate by the Company or any Affiliate thereof to the Company or an Affiliate of the
Company, and the Trustee shall be entitled to conclusively rely upon a representation
(which, upon the request of the Trustee, shall be a written representation) from the
Company, of the status of such transferee as an Affiliate of the Company or (ii) the
prospective transferee of such a Certificate shall be required to provide the Trustee, the
Company and the Master Servicer with an investment letter substantially in the form of
Exhibit J attached hereto (or such other form as the Company in its sole discretion deems
acceptable), which investment letter shall not be an expense of the Trustee, the Company or
the Master Servicer, and which investment letter states that, among other things, such
transferee (A) is a "qualified institutional buyer" as defined under Rule 144A, acting for
its own account or the accounts of other "qualified institutional buyers" as defined under
Rule 144A, and (B) is aware that the proposed transferor intends to rely on the exemption
from registration requirements under the Securities Act of 1933, as amended, provided by
Rule 144A. The Holder of any such Certificate desiring to effect any such transfer, sale,
pledge or other disposition shall, and does hereby agree to, indemnify the Trustee, the
Company, the Master Servicer and the Certificate Registrar against any liability that may
result if the transfer, sale, pledge or other disposition is not so exempt or is not made in
accordance with such federal and state laws.
(e) (i) In the case of any Class B or Class R Certificate presented for registration
in the name of any Person, either (A) the Trustee shall require an Opinion of
Counsel acceptable to and in form and substance satisfactory to the Trustee,
the Company and the Master Servicer to the effect that the purchase or holding
of such Class B or Class R Certificate is permissible under applicable law,
will not constitute or result in any non-exempt prohibited transaction under
Section 406 of the Employee Retirement Income Security Act of 1974, as amended
("ERISA"), or Section 4975 of the Code (or comparable provisions of any
subsequent enactments), and will not subject the Trustee, the Company or the
Master Servicer to any obligation or liability (including obligations or
liabilities under ERISA or Section 4975 of the Code) in addition to those
undertaken in this Agreement, which Opinion of Counsel shall not be an expense
of the Trustee, the Company or the Master Servicer or (B) the prospective
Transferee shall be required to provide the Trustee, the Company and the
Master Servicer with a certification to the effect set forth in paragraph six
of Exhibit H (with respect to any Class B Certificate) or paragraph fifteen of
Exhibit G-1 (with respect to any Class R Certificate), which the Trustee may
rely upon without further inquiry or investigation, or such other
certifications as the Trustee may deem desirable or necessary in order to
establish that such Transferee or the Person in whose name such registration
is requested either (a) is not an employee benefit plan or other plan subject
to the prohibited transaction provisions of ERISA or Section 4975 of the Code,
or any Person (including an investment manager, a named fiduciary or a trustee
of any such plan) who is using "plan assets" of any such plan to effect such
acquisition (each, a "Plan Investor") or (b) in the case of any Class B
Certificate, the following conditions are satisfied: (i) such Transferee is
an insurance company, (ii) the source of funds used to purchase or hold such
Certificate (or interest therein) is an "insurance company general account"
(as defined in U.S. Department of Labor Prohibited Transaction Class Exemption
("PTCE") 95-60, and (iii) the conditions set forth in Sections I and III of
PTCE 95-60 have been satisfied (each entity that satisfies this clause (b), a
"Complying Insurance Company").
(ii) Any Transferee of a Class M Certificate will be deemed to have
represented by virtue of its purchase or holding of such Certificate (or
interest therein) that either (a) such Transferee is not a Plan Investor, (b)
it has acquired and is holding such Certificate in reliance on Prohibited
Transaction Exemption ("PTE") 94-29, as most recently amended, PTE 2002-41, 67
Fed. Reg. 54487 (August 22, 2002) (the "RFC Exemption"), and that it
understands that there are certain conditions to the availability of the RFC
Exemption including that such Certificate must be rated, at the time of
purchase, not lower than "BBB-" (or its equivalent) by Standard & Poor's,
Fitch or Moody's or (c) such Transferee is a Complying Insurance Company.
(iii) (A) If any Class M Certificate (or any interest therein) is acquired
or held by any Person that does not satisfy the conditions described in
paragraph (ii) above, then the last preceding Transferee that either (i) is
not a Plan Investor, (ii) acquired such Certificate in compliance with the RFC
Exemption, or (iii) is a Complying Insurance Company shall be restored, to the
extent permitted by law, to all rights and obligations as Certificate Owner
thereof retroactive to the date of such Transfer of such Class M Certificate.
The Trustee shall be under no liability to any Person for making any payments
due on such Certificate to such preceding Transferee.
(B) Any purported Certificate Owner whose acquisition or holding of
any Class M Certificate (or interest therein) was effected in violation of the
restrictions in this Section 5.02(e) shall indemnify and hold harmless the
Company, the Trustee, the Master Servicer, any Subservicer, the Underwriters
and the Trust Fund from and against any and all liabilities, claims, costs or
expenses incurred by such parties as a result of such acquisition or holding.
(f) (i) Each Person who has or who acquires any Ownership Interest in a Class R
Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to
have agreed to be bound by the following provisions and to have irrevocably authorized the
Trustee or its designee under clause (iii)(A) below to deliver payments to a Person other
than such Person and to negotiate the terms of any mandatory sale under clause (iii)(B)
below and to execute all instruments of transfer and to do all other things necessary in
connection with any such sale. The rights of each Person acquiring any Ownership Interest
in a Class R Certificate are expressly subject to the following provisions:
(A) Each Person holding or acquiring any Ownership Interest in a Class R Certificate
shall be a Permitted Transferee and shall promptly notify the Trustee of any
change or impending change in its status as a Permitted Transferee.
(B) In connection with any proposed Transfer of any Ownership Interest in a Class R
Certificate, the Trustee shall require delivery to it, and shall not register
the Transfer of any Class R Certificate until its receipt of, (I) an affidavit
and agreement (a "Transfer Affidavit and Agreement," in the form attached
hereto as Exhibit G-1) from the proposed Transferee, in form and substance
satisfactory to the Master Servicer, representing and warranting, among other
things, that it is a Permitted Transferee, that it is not acquiring its
Ownership Interest in the Class R Certificate that is the subject of the
proposed Transfer as a nominee, trustee or agent for any Person who is not a
Permitted Transferee, that for so long as it retains its Ownership Interest in
a Class R Certificate, it will endeavor to remain a Permitted Transferee, and
that it has reviewed the provisions of this Section 5.02(f) and agrees to be
bound by them, and (II) a certificate, in the form attached hereto as Exhibit
G-2, from the Holder wishing to transfer the Class R Certificate, in form and
substance satisfactory to the Master Servicer, representing and warranting,
among other things, that no purpose of the proposed Transfer is to impede the
assessment or collection of tax.
(C) Notwithstanding the delivery of a Transfer Affidavit and Agreement by a proposed
Transferee under clause (B) above, if a Responsible Officer of the Trustee who
is assigned to this Agreement has actual knowledge that the proposed
Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest
in a Class R Certificate to such proposed Transferee shall be effected.
(D) Each Person holding or acquiring any Ownership Interest in a Class R Certificate
shall agree (x) to require a Transfer Affidavit and Agreement from any other
Person to whom such Person attempts to transfer its Ownership Interest in a
Class R Certificate and (y) not to transfer its Ownership Interest unless it
provides a certificate to the Trustee in the form attached hereto as Exhibit
G-2.
(E) Each Person holding or acquiring an Ownership Interest in a Class R Certificate, by
purchasing an Ownership Interest in such Certificate, agrees to give the
Trustee written notice that it is a "pass-through interest holder" within the
meaning of Temporary Treasury Regulations Section 1.67-3T(a)(2)(i)(A)
immediately upon acquiring an Ownership Interest in a Class R Certificate, if
it is, or is holding an Ownership Interest in a Class R Certificate on behalf
of, a "pass-through interest holder."
(ii) The Trustee shall register the Transfer of any Class R Certificate only if it shall
have received the Transfer Affidavit and Agreement, a certificate of the Holder
requesting such transfer in the form attached hereto as Exhibit G-2 and all of such
other documents as shall have been reasonably required by the Trustee as a condition
to such registration. Transfers of the Class R Certificates to Non-United States
Persons and Disqualified Organizations (as defined in Section 860E(e)(5) of the Code)
are prohibited.
(iii) (A) If any Disqualified Organization shall become a holder of a Class R
Certificate, then the last preceding Permitted Transferee shall be restored, to the
extent permitted by law, to all rights and obligations as Holder thereof retroactive
to the date of registration of such Transfer of such Class R Certificate. If a
Non-United States Person shall become a holder of a Class R Certificate, then the
last preceding United States Person shall be restored, to the extent permitted by
law, to all rights and obligations as Holder thereof retroactive to the date of
registration of such Transfer of such Class R Certificate. If a transfer of a Class
R Certificate is disregarded pursuant to the provisions of Treasury Regulations
Section 1.860E-1 or Section 1.860G-3, then the last preceding Permitted Transferee
shall be restored, to the extent permitted by law, to all rights and obligations as
Holder thereof retroactive to the date of registration of such Transfer of such Class
R Certificate. The Trustee shall be under no liability to any Person for any
registration of Transfer of a Class R Certificate that is in fact not permitted by
this Section 5.02(f) or for making any payments due on such Certificate to the holder
thereof or for taking any other action with respect to such holder under the
provisions of this Agreement.
(B) If any purported Transferee shall become a Holder of a Class R Certificate in
violation of the restrictions in this Section 5.02(f) and to the extent that
the retroactive restoration of the rights of the Holder of such Class R
Certificate as described in clause (iii)(A) above shall be invalid, illegal or
unenforceable, then the Master Servicer shall have the right, without notice
to the holder or any prior holder of such Class R Certificate, to sell such
Class R Certificate to a purchaser selected by the Master Servicer on such
terms as the Master Servicer may choose. Such purported Transferee shall
promptly endorse and deliver each Class R Certificate in accordance with the
instructions of the Master Servicer. Such purchaser may be the Master
Servicer itself or any Affiliate of the Master Servicer. The proceeds of such
sale, net of the commissions (which may include commissions payable to the
Master Servicer or its Affiliates), expenses and taxes due, if any, shall be
remitted by the Master Servicer to such purported Transferee. The terms and
conditions of any sale under this clause (iii)(B) shall be determined in the
sole discretion of the Master Servicer, and the Master Servicer shall not be
liable to any Person having an Ownership Interest in a Class R Certificate as
a result of its exercise of such discretion.
(iv) The Master Servicer, on behalf of the Trustee, shall make available, upon written
request from the Trustee, all information necessary to compute any tax imposed (A) as
a result of the Transfer of an Ownership Interest in a Class R Certificate to any
Person who is a Disqualified Organization, including the information regarding
"excess inclusions" of such Class R Certificates required to be provided to the
Internal Revenue Service and certain Persons as described in Treasury Regulations
Sections 1.860D-1(b)(5) and 1.860E-2(a)(5), and (B) as a result of any regulated
investment company, real estate investment trust, common trust fund, partnership,
trust, estate or organization described in Section 1381 of the Code that holds an
Ownership Interest in a Class R Certificate having as among its record holders at any
time any Person who is a Disqualified Organization. Reasonable compensation for
providing such information may be required by the Master Servicer from such Person.
(v) The provisions of this Section 5.02(f) set forth prior to this clause (v) may be
modified, added to or eliminated, provided that there shall have been delivered to
the Trustee the following:
(A) written notification from each Rating Agency to the effect that the modification,
addition to or elimination of such provisions will not cause such Rating
Agency to downgrade its then-current ratings, if any, of any Class of the
Senior (in the case of the Insured Certificates (as defined in the Series
Supplement), such determination shall be made without giving effect to the
Certificate Policy (as defined in the Series Supplement)), Class M or Class B
Certificates below the lower of the then-current rating or the rating assigned
to such Certificates as of the Closing Date by such Rating Agency; and
(B) subject to Section 10.01(f), an Officers' Certificate of the Master Servicer stating
that the Master Servicer has received an Opinion of Counsel, in form and
substance satisfactory to the Master Servicer, to the effect that such
modification, addition to or absence of such provisions will not cause any
portion of any REMIC formed under the Series Supplement to cease to qualify as
a REMIC and will not cause (x) any portion of any REMIC formed under the
Series Supplement to be subject to an entity-level tax caused by the Transfer
of any Class R Certificate to a Person that is a Disqualified Organization or
(y) a Certificateholder or another Person to be subject to a REMIC-related tax
caused by the Transfer of a Class R Certificate to a Person that is not a
Permitted Transferee.
(g) No service charge shall be made for any transfer or exchange of Certificates of any
Class, but the Trustee may require payment of a sum sufficient to cover any tax or
governmental charge that may be imposed in connection with any transfer or exchange of
Certificates.
(h) All Certificates surrendered for transfer and exchange shall be destroyed by the
Certificate Registrar.
Section 5.03. Mutilated, Destroyed, Lost or Stolen Certificates.
If (i) any mutilated Certificate is surrendered to the Certificate Registrar, or the
Trustee and the Certificate Registrar receive evidence to their satisfaction of the
destruction, loss or theft of any Certificate, and (ii) there is delivered to the Trustee
and the Certificate Registrar such security or indemnity as may be required by them to save
each of them harmless, then, in the absence of notice to the Trustee or the Certificate
Registrar that such Certificate has been acquired by a bona fide purchaser, the Trustee
shall execute and the Certificate Registrar shall authenticate and deliver, in exchange for
or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate
of like tenor, Class and Percentage Interest but bearing a number not contemporaneously
outstanding. Upon the issuance of any new Certificate under this Section, the Trustee may
require the payment of a sum sufficient to cover any tax or other governmental charge that
may be imposed in relation thereto and any other expenses (including the fees and expenses
of the Trustee and the Certificate Registrar) connected therewith. Any duplicate
Certificate issued pursuant to this Section shall constitute complete and indefeasible
evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost,
stolen or destroyed Certificate shall be found at any time.
Section 5.04. Persons Deemed Owners.
Prior to due presentation of a Certificate for registration of transfer, the Company,
the Master Servicer, the Trustee, any Certificate Insurer, the Certificate Registrar and any
agent of the Company, the Master Servicer, the Trustee, any Certificate Insurer or the
Certificate Registrar may treat the Person in whose name any Certificate is registered as
the owner of such Certificate for the purpose of receiving distributions pursuant to Section
4.02 and for all other purposes whatsoever, except as and to the extent provided in the
definition of "Certificateholder," and neither the Company, the Master Servicer, the
Trustee, any Certificate Insurer, the Certificate Registrar nor any agent of the Company,
the Master Servicer, the Trustee, any Certificate Insurer or the Certificate Registrar shall
be affected by notice to the contrary except as provided in Section 5.02(f).
Section 5.05. Appointment of Paying Agent.
The Trustee may appoint a Paying Agent for the purpose of making distributions to the
Certificateholders pursuant to Section 4.02. In the event of any such appointment, on or
prior to each Distribution Date the Master Servicer on behalf of the Trustee shall deposit
or cause to be deposited with the Paying Agent a sum sufficient to make the payments to the
Certificateholders in the amounts and in the manner provided for in Section 4.02, such sum
to be held in trust for the benefit of the Certificateholders.
The Trustee shall cause each Paying Agent to execute and deliver to the Trustee an
instrument in which such Paying Agent shall agree with the Trustee that such Paying Agent
shall hold all sums held by it for the payment to the Certificateholders in trust for the
benefit of the Certificateholders entitled thereto until such sums shall be distributed to
such Certificateholders. Any sums so held by such Paying Agent shall be held only in
Eligible Accounts to the extent such sums are not distributed to the Certificateholders on
the date of receipt by such Paying Agent.
Section 5.06. U.S.A. Patriot Act Compliance.
To help fight the funding of terrorism and money laundering activities, the Trustee
will obtain, verify and record information that identifies individuals or entities that
establish a relationship or open an account with the Trustee. The Trustee will ask for the
name, address, tax identification number and other information that will allow the Trustee
to identify the individual or entity who is establishing the relationship or opening the
account. The Trustee may also ask for formation documents such as articles of
incorporation, an offering memorandum, or other identifying documents to be provided.
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
Section 6.01. Respective Liabilities of the Company and the Master Servicer.
The Company and the Master Servicer shall each be liable in accordance herewith only
to the extent of the obligations specifically and respectively imposed upon and undertaken
by the Company and the Master Servicer herein. By way of illustration and not limitation,
the Company is not liable for the servicing and administration of the Mortgage Loans, nor is
it obligated by Section 7.01 or Section 10.01 to assume any obligations of the Master
Servicer or to appoint a designee to assume such obligations, nor is it liable for any other
obligation hereunder that it may, but is not obligated to, assume unless it elects to assume
such obligation in accordance herewith.
Section 6.02. Merger or Consolidation of the Company or the Master Servicer; Assignment of
Rights and Delegation of Duties by Master Servicer.
(a) The Company and the Master Servicer shall each keep in full effect its existence,
rights and franchises as a corporation under the laws of the state of its incorporation, and
shall each obtain and preserve its qualification to do business as a foreign corporation in
each jurisdiction in which such qualification is or shall be necessary to protect the
validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans
and to perform its respective duties under this Agreement.
(b) Any Person into which the Company or the Master Servicer may be merged or
consolidated, or any corporation resulting from any merger or consolidation to which the
Company or the Master Servicer shall be a party, or any Person succeeding to the business of
the Company or the Master Servicer, shall be the successor of the Company or the Master
Servicer, as the case may be, hereunder, without the execution or filing of any paper or any
further act on the part of any of the parties hereto, anything herein to the contrary
notwithstanding; provided, however, that the successor or surviving Person to the Master
Servicer shall be qualified to service mortgage loans on behalf of Xxxxxx Xxx or Xxxxxxx
Mac; and provided further that each Rating Agency's ratings, if any, of the Senior (in the
case of the Insured Certificates (as defined in the Series Supplement), such determination
shall be made without giving effect to the Certificate Policy (as defined in the Series
Supplement)), Class M or Class B Certificates in effect immediately prior to such merger or
consolidation will not be qualified, reduced or withdrawn as a result thereof (as evidenced
by a letter to such effect from each Rating Agency).
(c) Notwithstanding anything else in this Section 6.02 and Section 6.04 to the contrary,
the Master Servicer may assign its rights and delegate its duties and obligations under this
Agreement; provided that the Person accepting such assignment or delegation shall be a
Person which is qualified to service mortgage loans on behalf of Xxxxxx Mae or Xxxxxxx Mac,
is reasonably satisfactory to the Trustee and the Company, is willing to service the
Mortgage Loans and executes and delivers to the Company and the Trustee an agreement, in
form and substance reasonably satisfactory to the Company and the Trustee, which contains an
assumption by such Person of the due and punctual performance and observance of each
covenant and condition to be performed or observed by the Master Servicer under this
Agreement; provided further that each Rating Agency's rating of the Classes of Certificates
(in the case of the Insured Certificates (as defined in the Series Supplement), such
determination shall be made without giving effect to the Certificate Policy (as defined in
the Series Supplement)) that have been rated in effect immediately prior to such assignment
and delegation will not be qualified, reduced or withdrawn as a result of such assignment
and delegation (as evidenced by a letter to such effect from each Rating Agency). In the
case of any such assignment and delegation, the Master Servicer shall be released from its
obligations under this Agreement, except that the Master Servicer shall remain liable for
all liabilities and obligations incurred by it as Master Servicer hereunder prior to the
satisfaction of the conditions to such assignment and delegation set forth in the next
preceding sentence.
Section 6.03. Limitation on Liability of the Company,
the Master Servicer and Others.
Neither the Company, the Master Servicer nor any of the directors, officers,
employees or agents of the Company or the Master Servicer shall be under any liability to
the Trust Fund or the Certificateholders for any action taken or for refraining from the
taking of any action in good faith pursuant to this Agreement, or for errors in judgment;
provided, however, that this provision shall not protect the Company, the Master Servicer or
any such Person against any breach of warranties or representations made herein or any
liability which would otherwise be imposed by reason of willful misfeasance, bad faith or
gross negligence in the performance of duties or by reason of reckless disregard of
obligations and duties hereunder. The Company, the Master Servicer and any director,
officer, employee or agent of the Company or the Master Servicer may rely in good faith on
any document of any kind prima facie properly executed and submitted by any Person
respecting any matters arising hereunder. The Company, the Master Servicer and any
director, officer, employee or agent of the Company or the Master Servicer shall be
indemnified by the Trust Fund and held harmless against any loss, liability or expense
incurred in connection with any legal action relating to this Agreement or the Certificates,
other than any loss, liability or expense related to any specific Mortgage Loan or Mortgage
Loans (except as any such loss, liability or expense shall be otherwise reimbursable
pursuant to this Agreement) and any loss, liability or expense incurred by reason of willful
misfeasance, bad faith or gross negligence in the performance of duties hereunder or by
reason of reckless disregard of obligations and duties hereunder.
Neither the Company nor the Master Servicer shall be under any obligation to appear
in, prosecute or defend any legal or administrative action, proceeding, hearing or
examination that is not incidental to its respective duties under this Agreement and which
in its opinion may involve it in any expense or liability; provided, however, that the
Company or the Master Servicer may in its discretion undertake any such action, proceeding,
hearing or examination that it may deem necessary or desirable in respect to this Agreement
and the rights and duties of the parties hereto and the interests of the Certificateholders
hereunder. In such event, the legal expenses and costs of such action, proceeding, hearing
or examination and any liability resulting therefrom shall be expenses, costs and
liabilities of the Trust Fund, and the Company and the Master Servicer shall be entitled to
be reimbursed therefor out of amounts attributable to the Mortgage Loans on deposit in the
Custodial Account as provided by Section 3.10 and, on the Distribution Date(s) following
such reimbursement, the aggregate of such expenses and costs shall be allocated in reduction
of the Accrued Certificate Interest on each Class entitled thereto in the same manner as if
such expenses and costs constituted a Prepayment Interest Shortfall.
Section 6.04. Company and Master Servicer Not to Resign.
Subject to the provisions of Section 6.02, neither the Company nor the Master
Servicer shall resign from its respective obligations and duties hereby imposed on it except
upon determination that its duties hereunder are no longer permissible under applicable
law. Any such determination permitting the resignation of the Company or the Master
Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to the
Trustee. No such resignation by the Master Servicer shall become effective until the
Trustee or a successor servicer shall have assumed the Master Servicer's responsibilities
and obligations in accordance with Section 7.02.
ARTICLE VII
DEFAULT
Section 7.01. Events of Default.
Event of Default, wherever used herein, means any one of the following events
(whatever reason for such Event of Default and whether it shall be voluntary or involuntary
or be effected by operation of law or pursuant to any judgment, decree or order of any court
or any order, rule or regulation of any administrative or governmental body):
(i) the Master Servicer shall fail to deposit or cause to be deposited into the
Certificate Account any amounts required to be so deposited therein at the time
required pursuant to Section 4.01 or otherwise or the Master Servicer shall fail to
distribute or cause to be distributed to the Holders of Certificates of any Class any
distribution required to be made under the terms of the Certificates of such Class
and this Agreement and, in each case, such failure shall continue unremedied for a
period of 5 days after the date upon which written notice of such failure, requiring
such failure to be remedied, shall have been given to the Master Servicer by the
Trustee or the Company or to the Master Servicer, the Company and the Trustee by the
Holders of Certificates of such Class evidencing Percentage Interests aggregating not
less than 25%; or
(ii) the Master Servicer shall fail to observe or perform in any material respect any
other of the covenants or agreements on the part of the Master Servicer contained in
the Certificates of any Class or in this Agreement and such failure shall continue
unremedied for a period of 30 days (except that such number of days shall be 15 in
the case of a failure to pay the premium for any Required Insurance Policy) after the
date on which written notice of such failure, requiring the same to be remedied,
shall have been given to the Master Servicer by the Trustee or the Company, or to the
Master Servicer, the Company and the Trustee by the Holders of Certificates of any
Class evidencing, in the case of any such Class, Percentage Interests aggregating not
less than 25%; or
(iii) a decree or order of a court or agency or supervisory authority having jurisdiction
in the premises in an involuntary case under any present or future federal or state
bankruptcy, insolvency or similar law or appointing a conservator or receiver or
liquidator in any insolvency, readjustment of debt, marshalling of assets and
liabilities or similar proceedings, or for the winding-up or liquidation of its
affairs, shall have been entered against the Master Servicer and such decree or order
shall have remained in force undischarged or unstayed for a period of 60 days; or
(iv) the Master Servicer shall consent to the appointment of a conservator or receiver or
liquidator in any insolvency, readjustment of debt, marshalling of assets and
liabilities, or similar proceedings of, or relating to, the Master Servicer or of, or
relating to, all or substantially all of the property of the Master Servicer; or
(v) the Master Servicer shall admit in writing its inability to pay its debts generally
as they become due, file a petition to take advantage of, or commence a voluntary
case under, any applicable insolvency or reorganization statute, make an assignment
for the benefit of its creditors, or voluntarily suspend payment of its obligations;
or
(vi) the Master Servicer shall notify the Trustee pursuant to Section 4.04(b) that it is
unable to deposit in the Certificate Account an amount equal to the Advance.
If an Event of Default described in clauses (i)-(v) of this Section shall occur,
then, and in each and every such case, so long as such Event of Default shall not have been
remedied, either the Company or the Trustee may, and at the direction of Holders of
Certificates entitled to at least 51% of the Voting Rights, the Trustee shall, by notice in
writing to the Master Servicer (and to the Company if given by the Trustee or to the Trustee
if given by the Company), terminate all of the rights and obligations of the Master Servicer
under this Agreement and in and to the Mortgage Loans and the proceeds thereof, other than
its rights as a Certificateholder hereunder. If an Event of Default described in clause
(vi) hereof shall occur, the Trustee shall, by notice to the Master Servicer and the
Company, immediately terminate all of the rights and obligations of the Master Servicer
under this Agreement and in and to the Mortgage Loans and the proceeds thereof, other than
its rights as a Certificateholder hereunder as provided in Section 4.04(b). On or after the
receipt by the Master Servicer of such written notice, all authority and power of the Master
Servicer under this Agreement, whether with respect to the Certificates (other than as a
Holder thereof) or the Mortgage Loans or otherwise, shall subject to Section 7.02 pass to
and be vested in the Trustee or the Trustee's designee appointed pursuant to Section 7.02;
and, without limitation, the Trustee is hereby authorized and empowered to execute and
deliver, on behalf of the Master Servicer, as attorney-in-fact or otherwise, any and all
documents and other instruments, and to do or accomplish all other acts or things necessary
or appropriate to effect the purposes of such notice of termination, whether to complete the
transfer and endorsement or assignment of the Mortgage Loans and related documents, or
otherwise. The Master Servicer agrees to cooperate with the Trustee in effecting the
termination of the Master Servicer's responsibilities and rights hereunder, including,
without limitation, the transfer to the Trustee or its designee for administration by it of
all cash amounts which shall at the time be credited to the Custodial Account or the
Certificate Account or thereafter be received with respect to the Mortgage Loans. No such
termination shall release the Master Servicer for any liability that it would otherwise have
hereunder for any act or omission prior to the effective time of such termination.
Notwithstanding any termination of the activities of Residential Funding in its
capacity as Master Servicer hereunder, Residential Funding shall be entitled to receive, out
of any late collection of a Monthly Payment on a Mortgage Loan which was due prior to the
notice terminating Residential Funding's rights and obligations as Master Servicer hereunder
and received after such notice, that portion to which Residential Funding would have been
entitled pursuant to Sections 3.10(a)(ii), (vi) and (vii) as well as its Servicing Fee in
respect thereof, and any other amounts payable to Residential Funding hereunder the
entitlement to which arose prior to the termination of its activities hereunder. Upon the
termination of Residential Funding as Master Servicer hereunder the Company shall deliver to
the Trustee a copy of the Program Guide.
Section 7.02. Trustee or Company to Act; Appointment of Successor.
(a) On and after the time the Master Servicer receives a notice of termination pursuant
to Section 7.01 or resigns in accordance with Section 6.04, the Trustee or, upon notice to
the Company and with the Company's consent (which shall not be unreasonably withheld) a
designee (which meets the standards set forth below) of the Trustee, shall be the successor
in all respects to the Master Servicer in its capacity as servicer under this Agreement and
the transactions set forth or provided for herein and shall be subject to all the
responsibilities, duties and liabilities relating thereto placed on the Master Servicer
(except for the responsibilities, duties and liabilities contained in Sections 2.02 and
2.03(a), excluding the duty to notify related Subservicers or Sellers as set forth in such
Sections, and its obligations to deposit amounts in respect of losses incurred prior to such
notice or termination on the investment of funds in the Custodial Account or the Certificate
Account pursuant to Sections 3.07(c) and 4.01(b) by the terms and provisions hereof);
provided, however, that any failure to perform such duties or responsibilities caused by the
preceding Master Servicer's failure to provide information required by Section 4.04 shall
not be considered a default by the Trustee hereunder. As compensation therefor, the Trustee
shall be entitled to all funds relating to the Mortgage Loans which the Master Servicer
would have been entitled to charge to the Custodial Account or the Certificate Account if
the Master Servicer had continued to act hereunder and, in addition, shall be entitled to
the income from any Permitted Investments made with amounts attributable to the Mortgage
Loans held in the Custodial Account or the Certificate Account. If the Trustee has become
the successor to the Master Servicer in accordance with Section 6.04 or Section 7.01, then
notwithstanding the above, the Trustee may, if it shall be unwilling to so act, or shall, if
it is unable to so act, appoint, or petition a court of competent jurisdiction to appoint,
any established housing and home finance institution, which is also a Xxxxxx Xxx- or Xxxxxxx
Mac-approved mortgage servicing institution, having a net worth of not less than $10,000,000
as the successor to the Master Servicer hereunder in the assumption of all or any part of
the responsibilities, duties or liabilities of the Master Servicer hereunder. Pending
appointment of a successor to the Master Servicer hereunder, the Trustee shall become
successor to the Master Servicer and shall act in such capacity as hereinabove provided. In
connection with such appointment and assumption, the Trustee may make such arrangements for
the compensation of such successor out of payments on Mortgage Loans as it and such
successor shall agree; provided, however, that no such compensation shall be in excess of
that permitted the initial Master Servicer hereunder. The Company, the Trustee, the
Custodian and such successor shall take such action, consistent with this Agreement, as
shall be necessary to effectuate any such succession. The Servicing Fee for any successor
Master Servicer appointed pursuant to this Section 7.02 will be lowered with respect to
those Mortgage Loans, if any, where the Subservicing Fee accrues at a rate of less than
0.20% per annum in the event that the successor Master Servicer is not servicing such
Mortgage Loans directly and it is necessary to raise the related Subservicing Fee to a rate
of 0.20% per annum in order to hire a Subservicer with respect to such Mortgage Loans.
(b) In connection with the termination or resignation of the Master Servicer
hereunder, either (i) the successor Master Servicer, including the Trustee if the Trustee is
acting as successor Master Servicer, shall represent and warrant that it is a member of MERS
in good standing and shall agree to comply in all material respects with the rules and
procedures of MERS in connection with the servicing of the Mortgage Loans that are
registered with MERS, in which case the predecessor Master Servicer shall cooperate with the
successor Master Servicer in causing MERS to revise its records to reflect the transfer of
servicing to the successor Master Servicer as necessary under MERS' rules and regulations,
or (ii) the predecessor Master Servicer shall cooperate with the successor Master Servicer
in causing MERS to execute and deliver an assignment of Mortgage in recordable form to
transfer the Mortgage from MERS to the Trustee and to execute and deliver such other
notices, documents and other instruments as may be necessary or desirable to effect a
transfer of such Mortgage Loan or servicing of such Mortgage Loan on the MERS(R)System to the
successor Master Servicer. The predecessor Master Servicer shall file or cause to be filed
any such assignment in the appropriate recording office. The predecessor Master Servicer
shall bear any and all fees of MERS, costs of preparing any assignments of Mortgage, and
fees and costs of filing any assignments of Mortgage that may be required under this
subsection (b). The successor Master Servicer shall cause such assignment to be delivered
to the Trustee or the Custodian promptly upon receipt of the original with evidence of
recording thereon or a copy certified by the public recording office in which such
assignment was recorded.
Section 7.03. Notification to Certificateholders.
(a) Upon any such termination or appointment of a successor to the Master Servicer, the
Trustee shall give prompt written notice thereof to the Certificateholders at their
respective addresses appearing in the Certificate Register.
(b) Within 60 days after the occurrence of any Event of Default, the Trustee shall
transmit by mail to all Holders of Certificates notice of each such Event of Default
hereunder known to the Trustee, unless such Event of Default shall have been cured or waived.
Section 7.04. Waiver of Events of Default.
The Holders representing at least 66% of the Voting Rights affected by a default or
Event of Default hereunder may waive such default or Event of Default; provided, however,
that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only
by all of the Holders of Certificates affected by such default or Event of Default and (b)
no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the
manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event
of Default by the Holders representing the requisite percentage of Voting Rights affected by
such default or Event of Default, such default or Event of Default shall cease to exist and
shall be deemed to have been remedied for every purpose hereunder. No such waiver shall
extend to any subsequent or other default or Event of Default or impair any right consequent
thereon except to the extent expressly so waived.
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01. Duties of Trustee.
(a) The Trustee, prior to the occurrence of an Event of Default and after the curing or
waiver of all Events of Default which may have occurred, undertakes to perform such duties
and only such duties as are specifically set forth in this Agreement. In case an Event of
Default has occurred (which has not been cured or waived), the Trustee shall exercise such
of the rights and powers vested in it by this Agreement, and use the same degree of care and
skill in their exercise as a prudent investor would exercise or use under the circumstances
in the conduct of such investor's own affairs.
(b) The Trustee, upon receipt of all resolutions, certificates, statements, opinions,
reports, documents, orders or other instruments furnished to the Trustee which are
specifically required to be furnished pursuant to any provision of this Agreement, shall
examine them to determine whether they conform to the requirements of this Agreement. The
Trustee shall notify the Certificateholders of any such documents which do not materially
conform to the requirements of this Agreement in the event that the Trustee, after so
requesting, does not receive satisfactorily corrected documents.
The Trustee shall forward or cause to be forwarded in a timely fashion the notices,
reports and statements required to be forwarded by the Trustee pursuant to Sections 4.03,
4.06, 7.03 and 10.01. The Trustee shall furnish in a timely fashion to the Master Servicer
such information as the Master Servicer may reasonably request from time to time for the
Master Servicer to fulfill its duties as set forth in this Agreement. The Trustee covenants
and agrees that it shall perform its obligations hereunder in a manner so as to maintain the
status of any portion of any REMIC formed under the Series Supplement as a REMIC under the
REMIC Provisions and (subject to Section 10.01(f)) to prevent the imposition of any federal,
state or local income, prohibited transaction, contribution or other tax on the Trust Fund
to the extent that maintaining such status and avoiding such taxes are reasonably within the
control of the Trustee and are reasonably within the scope of its duties under this
Agreement.
(c) No provision of this Agreement shall be construed to relieve the Trustee from
liability for its own negligent action, its own negligent failure to act or its own willful
misconduct; provided, however, that:
(i) Prior to the occurrence of an Event of Default, and after the curing or waiver of all
such Events of Default which may have occurred, the duties and obligations of the
Trustee shall be determined solely by the express provisions of this Agreement, the
Trustee shall not be liable except for the performance of such duties and obligations
as are specifically set forth in this Agreement, no implied covenants or obligations
shall be read into this Agreement against the Trustee and, in the absence of bad
faith on the part of the Trustee, the Trustee may conclusively rely, as to the truth
of the statements and the correctness of the opinions expressed therein, upon any
certificates or opinions furnished to the Trustee by the Company or the Master
Servicer and which on their face, do not contradict the requirements of this
Agreement;
(ii) The Trustee shall not be personally liable for an error of judgment made in good
faith by a Responsible Officer or Responsible Officers of the Trustee, unless it
shall be proved that the Trustee was negligent in ascertaining the pertinent facts;
(iii) The Trustee shall not be personally liable with respect to any action taken, suffered
or omitted to be taken by it in good faith in accordance with the direction of
Certificateholders of any Class holding Certificates which evidence, as to such
Class, Percentage Interests aggregating not less than 25% as to the time, method and
place of conducting any proceeding for any remedy available to the Trustee, or
exercising any trust or power conferred upon the Trustee, under this Agreement;
(iv) The Trustee shall not be charged with knowledge of any default (other than a default
in payment to the Trustee) specified in clauses (i) and (ii) of Section 7.01 or an
Event of Default under clauses (iii), (iv) and (v) of Section 7.01 unless a
Responsible Officer of the Trustee assigned to and working in the Corporate Trust
Office obtains actual knowledge of such failure or event or the Trustee receives
written notice of such failure or event at its Corporate Trust Office from the Master
Servicer, the Company or any Certificateholder; and
(v) Except to the extent provided in Section 7.02, no provision in this Agreement shall
require the Trustee to expend or risk its own funds (including, without limitation,
the making of any Advance) or otherwise incur any personal financial liability in the
performance of any of its duties as Trustee hereunder, or in the exercise of any of
its rights or powers, if the Trustee shall have reasonable grounds for believing that
repayment of funds or adequate indemnity against such risk or liability is not
reasonably assured to it.
(d) The Trustee shall timely pay, from its own funds, the amount of any and all federal,
state and local taxes imposed on the Trust Fund or its assets or transactions including,
without limitation, (A) "prohibited transaction" penalty taxes as defined in Section 860F of
the Code, if, when and as the same shall be due and payable, (B) any tax on contributions to
a REMIC after the Closing Date imposed by Section 860G(d) of the Code and (C) any tax on
"net income from foreclosure property" as defined in Section 860G(c) of the Code, but only if
such taxes arise out of a breach by the Trustee of its obligations hereunder, which breach
constitutes negligence or willful misconduct of the Trustee.
Section 8.02. Certain Matters Affecting the Trustee.
(a) Except as otherwise provided in Section 8.01:
(i) The Trustee may rely and shall be protected in acting or refraining from acting upon
any resolution, Officers' Certificate, certificate of auditors or any other
certificate, statement, instrument, opinion, report, notice, request, consent, order,
appraisal, bond or other paper or document believed by it to be genuine and to have
been signed or presented by the proper party or parties;
(ii) The Trustee may consult with counsel and any Opinion of Counsel shall be full and
complete authorization and protection in respect of any action taken or suffered or
omitted by it hereunder in good faith and in accordance with such Opinion of Counsel;
(iii) The Trustee shall be under no obligation to exercise any of the trusts or powers
vested in it by this Agreement or to institute, conduct or defend any litigation
hereunder or in relation hereto at the request, order or direction of any of the
Certificateholders, pursuant to the provisions of this Agreement, unless such
Certificateholders shall have offered to the Trustee reasonable security or indemnity
against the costs, expenses and liabilities which may be incurred therein or thereby;
nothing contained herein shall, however, relieve the Trustee of the obligation, upon
the occurrence of an Event of Default (which has not been cured or waived), to
exercise such of the rights and powers vested in it by this Agreement, and to use the
same degree of care and skill in their exercise as a prudent investor would exercise
or use under the circumstances in the conduct of such investor's own affairs;
(iv) The Trustee shall not be personally liable for any action taken, suffered or omitted
by it in good faith and believed by it to be authorized or within the discretion or
rights or powers conferred upon it by this Agreement;
(v) Prior to the occurrence of an Event of Default hereunder and after the curing or
waiver of all Events of Default which may have occurred, the Trustee shall not be
bound to make any investigation into the facts or matters stated in any resolution,
certificate, statement, instrument, opinion, report, notice, request, consent, order,
approval, bond or other paper or document, unless requested in writing so to do by
Holders of Certificates of any Class evidencing, as to such Class, Percentage
Interests, aggregating not less than 50%; provided, however, that if the payment
within a reasonable time to the Trustee of the costs, expenses or liabilities likely
to be incurred by it in the making of such investigation is, in the opinion of the
Trustee, not reasonably assured to the Trustee by the security afforded to it by the
terms of this Agreement, the Trustee may require reasonable indemnity against such
expense or liability as a condition to so proceeding. The reasonable expense of
every such examination shall be paid by the Master Servicer, if an Event of Default
shall have occurred and is continuing, and otherwise by the Certificateholder
requesting the investigation;
(vi) The Trustee may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys; and
(vii) To the extent authorized under the Code and the regulations promulgated thereunder,
each Holder of a Class R Certificate hereby irrevocably appoints and authorizes the
Trustee to be its attorney-in-fact for purposes of signing any Tax Returns required
to be filed on behalf of the Trust Fund. The Trustee shall sign on behalf of the
Trust Fund and deliver to the Master Servicer in a timely manner any Tax Returns
prepared by or on behalf of the Master Servicer that the Trustee is required to sign
as determined by the Master Servicer pursuant to applicable federal, state or local
tax laws, provided that the Master Servicer shall indemnify the Trustee for signing
any such Tax Returns that contain errors or omissions.
(b) Following the issuance of the Certificates, the Trustee shall not accept any
contribution of assets to the Trust Fund unless (subject to Section 10.01(f)) it shall have
obtained or been furnished with an Opinion of Counsel to the effect that such contribution
will not (i) cause any portion of any REMIC formed under the Series Supplement to fail to
qualify as a REMIC at any time that any Certificates are outstanding or (ii) cause the Trust
Fund to be subject to any federal tax as a result of such contribution (including the
imposition of any federal tax on "prohibited transactions" imposed under Section 860F(a) of
the Code).
Section 8.03. Trustee Not Liable for Certificates or Mortgage Loans.
The recitals contained herein and in the Certificates (other than the execution of
the Certificates and relating to the acceptance and receipt of the Mortgage Loans) shall be
taken as the statements of the Company or the Master Servicer as the case may be, and the
Trustee assumes no responsibility for their correctness. The Trustee makes no
representations as to the validity or sufficiency of this Agreement or of the Certificates
(except that the Certificates shall be duly and validly executed and authenticated by it as
Certificate Registrar) or of any Mortgage Loan or related document, or of MERS or the MERS(R)
System. Except as otherwise provided herein, the Trustee shall not be accountable for the
use or application by the Company or the Master Servicer of any of the Certificates or of
the proceeds of such Certificates, or for the use or application of any funds paid to the
Company or the Master Servicer in respect of the Mortgage Loans or deposited in or withdrawn
from the Custodial Account or the Certificate Account by the Company or the Master Servicer.
Section 8.04. Trustee May Own Certificates.
The Trustee in its individual or any other capacity may become the owner or pledgee
of Certificates with the same rights it would have if it were not Trustee.
Section 8.05. Master Servicer to Pay Trustee's Fees
and Expenses; Indemnification.
(a) The Master Servicer covenants and agrees to pay to the Trustee and any co-trustee
from time to time, and the Trustee and any co-trustee shall be entitled to, reasonable
compensation (which shall not be limited by any provision of law in regard to the
compensation of a trustee of an express trust) for all services rendered by each of them in
the execution of the trusts hereby created and in the exercise and performance of any of the
powers and duties hereunder of the Trustee and any co-trustee, and the Master Servicer will
pay or reimburse the Trustee and any co-trustee upon request for all reasonable expenses,
disbursements and advances incurred or made by the Trustee or any co-trustee in accordance
with any of the provisions of this Agreement (including the reasonable compensation and the
expenses and disbursements of its counsel and of all persons not regularly in its employ,
and the expenses incurred by the Trustee or any co-trustee in connection with the
appointment of an office or agency pursuant to Section 8.12) except any such expense,
disbursement or advance as may arise from its negligence or bad faith.
(b) The Master Servicer agrees to indemnify the Trustee for, and to hold the Trustee
harmless against, any loss, liability or expense incurred without negligence or willful
misconduct on the Trustee's part, arising out of, or in connection with, the acceptance and
administration of the Trust Fund, including the costs and expenses (including reasonable
legal fees and expenses) of defending itself against any claim in connection with the
exercise or performance of any of its powers or duties under this Agreement and the
Custodial Agreement, including, without limitation, all costs, liabilities and expenses
(including reasonable legal fees and expenses) of investigating and defending itself against
any claim, action or proceeding, pending or threatened, relating to the provisions of this
paragraph, provided that:
(i) with respect to any such claim, the Trustee shall have given the Master Servicer
written notice thereof promptly after the Trustee shall have actual knowledge thereof;
(ii) while maintaining control over its own defense, the Trustee shall cooperate and
consult fully with the Master Servicer in preparing such defense; and
(iii) notwithstanding anything in this Agreement to the contrary, the Master Servicer shall
not be liable for settlement of any claim by the Trustee entered into without the
prior consent of the Master Servicer which consent shall not be unreasonably
withheld.
No termination of this Agreement shall affect the obligations created by this Section
8.05(b) of the Master Servicer to indemnify the Trustee under the conditions and to the
extent set forth herein.
Notwithstanding the foregoing, the indemnification provided by the Master Servicer in
this Section 8.05(b) shall not pertain to any loss, liability or expense of the Trustee,
including the costs and expenses of defending itself against any claim, incurred in
connection with any actions taken by the Trustee at the direction of the Certificateholders
pursuant to the terms of this Agreement.
Section 8.06. Eligibility Requirements for Trustee.
The Trustee hereunder shall at all times be a corporation or a national banking
association having its principal office in a state and city acceptable to the Company and
organized and doing business under the laws of such state or the United States of America,
authorized under such laws to exercise corporate trust powers, having a combined capital and
surplus of at least $50,000,000 and subject to supervision or examination by federal or
state authority. If such corporation or national banking association publishes reports of
condition at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section the combined
capital and surplus of such corporation shall be deemed to be its combined capital and
surplus as set forth in its most recent report of condition so published. In case at any
time the Trustee shall cease to be eligible in accordance with the provisions of this
Section, the Trustee shall resign immediately in the manner and with the effect specified in
Section 8.07.
Section 8.07. Resignation and Removal of the Trustee.
(a) The Trustee may at any time resign and be discharged from the trusts hereby created
by giving written notice thereof to the Company. Upon receiving such notice of resignation,
the Company shall promptly appoint a successor trustee by written instrument, in duplicate,
one copy of which instrument shall be delivered to the resigning Trustee and one copy to the
successor trustee. If no successor trustee shall have been so appointed and have accepted
appointment within 30 days after the giving of such notice of resignation, the resigning
Trustee may petition any court of competent jurisdiction for the appointment of a successor
trustee.
(b) If at any time the Trustee shall cease to be eligible in accordance with the
provisions of Section 8.06 and shall fail to resign after written request therefor by the
Company, or if at any time the Trustee shall become incapable of acting, or shall be
adjudged bankrupt or insolvent, or a receiver of the Trustee or of its property shall be
appointed, or any public officer shall take charge or control of the Trustee or of its
property or affairs for the purpose of rehabilitation, conservation or liquidation, then the
Company may remove the Trustee and appoint a successor trustee by written instrument, in
duplicate, one copy of which instrument shall be delivered to the Trustee so removed and one
copy to the successor trustee. In addition, in the event that the Company determines that
the Trustee has failed (i) to distribute or cause to be distributed to the
Certificateholders any amount required to be distributed hereunder, if such amount is held
by the Trustee or its Paying Agent (other than the Master Servicer or the Company) for
distribution or (ii) to otherwise observe or perform in any material respect any of its
covenants, agreements or obligations hereunder, and such failure shall continue unremedied
for a period of 5 days (in respect of clause (i) above) or 30 days (in respect of clause
(ii) above other than any failure to comply with the provisions of Article XII, in which
case no notice or grace period shall be applicable) after the date on which written notice
of such failure, requiring that the same be remedied, shall have been given to the Trustee
by the Company, then the Company may remove the Trustee and appoint a successor trustee by
written instrument delivered as provided in the preceding sentence. In connection with the
appointment of a successor trustee pursuant to the preceding sentence, the Company shall, on
or before the date on which any such appointment becomes effective, obtain from each Rating
Agency written confirmation that the appointment of any such successor trustee will not
result in the reduction of the ratings on any class of the Certificates below the lesser of
the then current or original ratings on such Certificates.
(c) The Holders of Certificates entitled to at least 51% of the Voting Rights may at any
time remove the Trustee and appoint a successor trustee by written instrument or
instruments, in triplicate, signed by such Holders or their attorneys-in-fact duly
authorized, one complete set of which instruments shall be delivered to the Company, one
complete set to the Trustee so removed and one complete set to the successor so appointed.
(d) Any resignation or removal of the Trustee and appointment of a successor trustee
pursuant to any of the provisions of this Section shall become effective upon acceptance of
appointment by the successor trustee as provided in Section 8.08.
Section 8.08. Successor Trustee.
(a) Any successor trustee appointed as provided in Section 8.07 shall execute,
acknowledge and deliver to the Company and to its predecessor trustee an instrument
accepting such appointment hereunder, and thereupon the resignation or removal of the
predecessor trustee shall become effective and such successor trustee shall become effective
and such successor trustee, without any further act, deed or conveyance, shall become fully
vested with all the rights, powers, duties and obligations of its predecessor hereunder,
with the like effect as if originally named as trustee herein. The predecessor trustee
shall deliver to the successor trustee all Mortgage Files and related documents and
statements held by it hereunder (other than any Mortgage Files at the time held by a
Custodian, which shall become the agent of any successor trustee hereunder), and the
Company, the Master Servicer and the predecessor trustee shall execute and deliver such
instruments and do such other things as may reasonably be required for more fully and
certainly vesting and confirming in the successor trustee all such rights, powers, duties
and obligations.
(b) No successor trustee shall accept appointment as provided in this Section unless at
the time of such acceptance such successor trustee shall be eligible under the provisions of
Section 8.06.
(c) Upon acceptance of appointment by a successor trustee as provided in this Section,
the Company shall mail notice of the succession of such trustee hereunder to all Holders of
Certificates at their addresses as shown in the Certificate Register. If the Company fails
to mail such notice within 10 days after acceptance of appointment by the successor trustee,
the successor trustee shall cause such notice to be mailed at the expense of the Company.
Section 8.09. Merger or Consolidation of Trustee.
Any corporation or national banking association into which the Trustee may be merged
or converted or with which it may be consolidated or any corporation or national banking
association resulting from any merger, conversion or consolidation to which the Trustee
shall be a party, or any corporation or national banking association succeeding to the
business of the Trustee, shall be the successor of the Trustee hereunder, provided such
corporation or national banking association shall be eligible under the provisions of
Section 8.06, without the execution or filing of any paper or any further act on the part of
any of the parties hereto, anything herein to the contrary notwithstanding. The Trustee
shall mail notice of any such merger or consolidation to the Certificateholders at their
address as shown in the Certificate Register.
Section 8.10. Appointment of Co-Trustee or Separate Trustee.
(a) Notwithstanding any other provisions hereof, at any time, for the purpose of meeting
any legal requirements of any jurisdiction in which any part of the Trust Fund or property
securing the same may at the time be located, the Master Servicer and the Trustee acting
jointly shall have the power and shall execute and deliver all instruments to appoint one or
more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the
Trustee, or separate trustee or separate trustees, of all or any part of the Trust Fund, and
to vest in such Person or Persons, in such capacity, such title to the Trust Fund, or any
part thereof, and, subject to the other provisions of this Section 8.10, such powers,
duties, obligations, rights and trusts as the Master Servicer and the Trustee may consider
necessary or desirable. If the Master Servicer shall not have joined in such appointment
within 15 days after the receipt by it of a request so to do, or in case an Event of Default
shall have occurred and be continuing, the Trustee alone shall have the power to make such
appointment. No co-trustee or separate trustee hereunder shall be required to meet the
terms of eligibility as a successor trustee under Section 8.06 hereunder and no notice to
Holders of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall be
required under Section 8.08 hereof.
(b) In the case of any appointment of a co-trustee or separate trustee pursuant to this
Section 8.10 all rights, powers, duties and obligations conferred or imposed upon the
Trustee shall be conferred or imposed upon and exercised or performed by the Trustee, and
such separate trustee or co-trustee jointly, except to the extent that under any law of any
jurisdiction in which any particular act or acts are to be performed (whether as Trustee
hereunder or as successor to the Master Servicer hereunder), the Trustee shall be
incompetent or unqualified to perform such act or acts, in which event such rights, powers,
duties and obligations (including the holding of title to the Trust Fund or any portion
thereof in any such jurisdiction) shall be exercised and performed by such separate trustee
or co-trustee at the direction of the Trustee.
(c) Any notice, request or other writing given to the Trustee shall be deemed to have
been given to each of the then separate trustees and co-trustees, as effectively as if given
to each of them. Every instrument appointing any separate trustee or co-trustee shall refer
to this Agreement and the conditions of this Article VIII. Each separate trustee and
co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or
property specified in its instrument of appointment, either jointly with the Trustee or
separately, as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct of,
affecting the liability of, or affording protection to, the Trustee. Every such instrument
shall be filed with the Trustee.
(d) Any separate trustee or co-trustee may, at any time, constitute the Trustee, its
agent or attorney-in-fact, with full power and authority, to the extent not prohibited by
law, to do any lawful act under or in respect of this Agreement on its behalf and in its
name. If any separate trustee or co-trustee shall die, become incapable of acting, resign
or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and
be exercised by the Trustee, to the extent permitted by law, without the appointment of a
new or successor trustee.
Section 8.11. Appointment of Custodians.
The Trustee may, with the consent of the Master Servicer and the Company, appoint one
or more Custodians who are not Affiliates of the Company, the Master Servicer or any Seller
to hold all or a portion of the Mortgage Files as agent for the Trustee, by entering into a
Custodial Agreement. Subject to Article VIII, the Trustee agrees to comply with the terms
of each Custodial Agreement and to enforce the terms and provisions thereof against the
Custodian for the benefit of the Certificateholders. Each Custodian shall be a depository
institution subject to supervision by federal or state authority, shall have a combined
capital and surplus of at least $15,000,000 and shall be qualified to do business in the
jurisdiction in which it holds any Mortgage File. Each Custodial Agreement may be amended
only as provided in Section 11.01. The Trustee shall notify the Certificateholders of the
appointment of any Custodian (other than the Custodian appointed as of the Closing Date)
pursuant to this Section 8.11.
Section 8.12. Appointment of Office or Agency.
The Trustee will maintain an office or agency in the United States at the address
designated in Section 11.05 of the Series Supplement where Certificates may be surrendered
for registration of transfer or exchange. The Trustee will maintain an office at the address
stated in Section 11.05 of the Series Supplement where notices and demands to or upon the
Trustee in respect of this Agreement may be served.
ARTICLE IX
TERMINATION OR OPTIONAL PURCHASE OF ALL CERTIFICATES
Section 9.01. Optional Purchase by the Master Servicer of All Certificates; Termination Upon
Purchase by the Master Servicer or Liquidation of All Mortgage Loans
(a) Subject to Section 9.02, the respective obligations and responsibilities of the
Company, the Master Servicer and the Trustee created hereby in respect of the Certificates
(other than the obligation of the Trustee to make certain payments after the Final
Distribution Date to Certificateholders and the obligation of the Company to send certain
notices as hereinafter set forth) shall terminate upon the last action required to be taken
by the Trustee on the Final Distribution Date pursuant to this Article IX following the
earlier of:
(i) the later of the final payment or other liquidation (or any Advance with respect
thereto) of the last Mortgage Loan remaining in the Trust Fund or the disposition of
all property acquired upon foreclosure or deed in lieu of foreclosure of any Mortgage
Loan, or
(ii) the purchase by the Master Servicer of all Mortgage Loans and all property acquired
in respect of any Mortgage Loan remaining in the Trust Fund at a price equal to 100%
of the unpaid principal balance of each Mortgage Loan or, if less than such unpaid
principal balance, the fair market value of the related underlying property of such
Mortgage Loan with respect to Mortgage Loans as to which title has been acquired if
such fair market value is less than such unpaid principal balance (net of any
unreimbursed Advances attributable to principal) on the day of repurchase plus
accrued interest thereon at the Net Mortgage Rate (or Modified Net Mortgage Rate in
the case of any Modified Mortgage Loan) to, but not including, the first day of the
month in which such repurchase price is distributed, provided, however, that in no
event shall the trust created hereby continue beyond the expiration of 21 years from
the death of the last survivor of the descendants of Xxxxxx X. Xxxxxxx, the late
ambassador of the United States to the Court of St. Xxxxx, living on the date hereof
and provided further that the purchase price set forth above shall be increased as is
necessary, as determined by the Master Servicer, to avoid disqualification of any
portion of any REMIC formed under the Series Supplement as a REMIC. The purchase
price paid by the Master Servicer shall also include any amounts owed by Residential
Funding pursuant to the last paragraph of Section 4 of the Assignment Agreement in
respect of any liability, penalty or expense that resulted from a breach of the
Compliance With Laws Representation, that remain unpaid on the date of such purchase.
The right of the Master Servicer to purchase all the assets of the Trust Fund
pursuant to clause (ii) above is conditioned upon the Pool Stated Principal Balance as of
the Final Distribution Date, prior to giving effect to distributions to be made on such
Distribution Date, being less than ten percent of the Cut-off Date Principal Balance of the
Mortgage Loans.
If such right is exercised by the Master Servicer, the Master Servicer shall be
deemed to have been reimbursed for the full amount of any unreimbursed Advances theretofore
made by it with respect to the Mortgage Loans. In addition, the Master Servicer shall
provide to the Trustee the certification required by Section 3.15 and the Trustee and any
Custodian shall, promptly following payment of the purchase price, release to the Master
Servicer the Mortgage Files pertaining to the Mortgage Loans being purchased.
In addition to the foregoing, on any Distribution Date on which the Pool Stated
Principal Balance, prior to giving effect to distributions to be made on such Distribution
Date, is less than ten percent of the Cut-off Date Principal Balance of the Mortgage Loans,
the Master Servicer shall have the right, at its option, to purchase the Certificates in
whole, but not in part, at a price equal to the outstanding Certificate Principal Balance of
such Certificates plus the sum of Accrued Certificate Interest thereon for the related
Interest Accrual Period and any previously unpaid Accrued Certificate Interest. If the
Master Servicer exercises this right to purchase the outstanding Certificates, the Master
Servicer will promptly terminate the respective obligations and responsibilities created
hereby in respect of the Certificates pursuant to this Article IX.
(b) The Master Servicer shall give the Trustee not less than 40 days' prior
notice of the Distribution Date on which the Master Servicer anticipates that the
final distribution will be made to Certificateholders (whether as a result of the
exercise by the Master Servicer of its right to purchase the assets of the Trust Fund
or otherwise) or on which the Master Servicer anticipates that the Certificates will
be purchased (as a result of the exercise by the Master Servicer to purchase the
outstanding Certificates). Notice of any termination specifying the anticipated
Final Distribution Date (which shall be a date that would otherwise be a Distribution
Date) upon which the Certificateholders may surrender their Certificates to the
Trustee (if so required by the terms hereof) for payment of the final distribution
and cancellation or notice of any purchase of the outstanding Certificates,
specifying the Distribution Date upon which the Holders may surrender their
Certificates to the Trustee for payment, shall be given promptly by the Master
Servicer (if it is exercising its right to purchase the assets of the Trust Fund or
to purchase the outstanding Certificates), or by the Trustee (in any other case) by
letter. Such notice shall be prepared by the Master Servicer (if it is exercising
its right to purchase the assets of the Trust Fund or to purchase the outstanding
Certificates), or by the Trustee (in any other case) and mailed by the Trustee to the
Certificateholders not earlier than the 15th day and not later than the 25th day of
the month next preceding the month of such final distribution specifying:
(iii) the anticipated Final Distribution Date upon which final payment of the Certificates
is anticipated to be made upon presentation and surrender of Certificates at the
office or agency of the Trustee therein designated where required pursuant to this
Agreement or, in the case of the purchase by the Master Servicer of the outstanding
Certificates, the Distribution Date on which such purchase is to be made,
(iv) the amount of any such final payment, or in the case of the purchase of the
outstanding Certificates, the purchase price, in either case, if known, and
(v) that the Record Date otherwise applicable to such Distribution Date is not
applicable, and in the case of the Senior Certificates, or in the case of all of the
Certificates in connection with the exercise by the Master Servicer of its right to
purchase the Certificates, that payment will be made only upon presentation and
surrender of the Certificates at the office or agency of the Trustee therein
specified.
If the Master Servicer is obligated to give notice to Certificateholders as aforesaid, it
shall give such notice to the Certificate Registrar at the time such notice is given to
Certificateholders and, if the Master Servicer is exercising its rights to purchase the
outstanding Certificates, it shall give such notice to each Rating Agency at the time such
notice is given to Certificateholders. As a result of the exercise by the Master Servicer of
its right to purchase the assets of the Trust Fund, the Master Servicer shall deposit in the
Certificate Account, before the Final Distribution Date in immediately available funds an
amount equal to the purchase price for the assets of the Trust Fund, computed as provided
above. As a result of the exercise by the Master Servicer of its right to purchase the
outstanding Certificates, the Master Servicer shall deposit in an Eligible Account,
established by the Master Servicer on behalf of the Trustee and separate from the
Certificate Account in the name of the Trustee in trust for the registered holders of the
Certificates, before the Distribution Date on which such purchase is to occur in immediately
available funds an amount equal to the purchase price for the Certificates, computed as
above provided, and provide notice of such deposit to the Trustee. The Trustee will
withdraw from such account the amount specified in subsection (c) below.
(b) In the case of the Senior Certificates, upon presentation and surrender of the
Certificates by the Certificateholders thereof, and in the case of the Class M and Class B
Certificates, upon presentation and surrender of the Certificates by the Certificateholders
thereof in connection with the exercise by the Master Servicer of its right to purchase the
Certificates, and otherwise in accordance with Section 4.01(a), the Trustee shall distribute
to the Certificateholders (i) the amount otherwise distributable on such Distribution Date,
if not in connection with the Master Servicer's election to repurchase the assets of the
Trust Fund or the outstanding Certificates, or (ii) if the Master Servicer elected to so
repurchase the assets of the Trust Fund or the outstanding Certificates, an amount
determined as follows: (A) with respect to each Certificate the outstanding Certificate
Principal Balance thereof, plus Accrued Certificate Interest for the related Interest
Accrual Period thereon and any previously unpaid Accrued Certificate Interest, subject to
the priority set forth in Section 4.02(a), and (B) with respect to the Class R Certificates,
any excess of the amounts available for distribution (including the repurchase price
specified in clause (ii) of subsection (a) of this Section) over the total amount
distributed under the immediately preceding clause (A). Notwithstanding the reduction of
the Certificate Principal Balance of any Class of Subordinate Certificates to zero, such
Class will be outstanding hereunder until the termination of the respective obligations and
responsibilities of the Company, the Master Servicer and the Trustee hereunder in accordance
with Article IX.
(c) If any Certificateholders shall not surrender their Certificates for final payment
and cancellation on or before the Final Distribution Date (if so required by the terms
hereof), the Trustee shall on such date cause all funds in the Certificate Account not
distributed in final distribution to Certificateholders to be withdrawn therefrom and
credited to the remaining Certificateholders by depositing such funds in a separate escrow
account for the benefit of such Certificateholders, and the Master Servicer (if it exercised
its right to purchase the assets of the Trust Fund), or the Trustee (in any other case)
shall give a second written notice to the remaining Certificateholders to surrender their
Certificates for cancellation and receive the final distribution with respect thereto. If
within six months after the second notice any Certificate shall not have been surrendered
for cancellation, the Trustee shall take appropriate steps as directed by the Master
Servicer to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining the escrow account and of contacting
Certificateholders shall be paid out of the assets which remain in the escrow account. If
within nine months after the second notice any Certificates shall not have been surrendered
for cancellation, the Trustee shall pay to the Master Servicer all amounts distributable to
the holders thereof and the Master Servicer shall thereafter hold such amounts until
distributed to such Holders. No interest shall accrue or be payable to any
Certificateholder on any amount held in the escrow account or by the Master Servicer as a
result of such Certificateholder's failure to surrender its Certificate(s) for final payment
thereof in accordance with this Section 9.01.
(d) If any Certificateholders do not surrender their Certificates on or before the
Distribution Date on which a purchase of the outstanding Certificates is to be made, the
Trustee shall on such date cause all funds in the Certificate Account deposited therein by
the Master Servicer pursuant to Section 9.01(b) to be withdrawn therefrom and deposited in a
separate escrow account for the benefit of such Certificateholders, and the Master Servicer
shall give a second written notice to such Certificateholders to surrender their
Certificates for payment of the purchase price therefor. If within six months after the
second notice any Certificate shall not have been surrendered for cancellation, the Trustee
shall take appropriate steps as directed by the Master Servicer to contact the Holders of
such Certificates concerning surrender of their Certificates. The costs and expenses of
maintaining the escrow account and of contacting Certificateholders shall be paid out of the
assets which remain in the escrow account. If within nine months after the second notice
any Certificates shall not have been surrendered for cancellation in accordance with this
Section 9.01, the Trustee shall pay to the Master Servicer all amounts distributable to the
Holders thereof and the Master Servicer shall thereafter hold such amounts until distributed
to such Holders. No interest shall accrue or be payable to any Certificateholder on any
amount held in the escrow account or by the Master Servicer as a result of such
Certificateholder's failure to surrender its Certificate(s) for payment in accordance with
this Section 9.01. Any Certificate that is not surrendered on the Distribution Date on
which a purchase pursuant to this Section 9.01 occurs as provided above will be deemed to
have been purchased and the Holder as of such date will have no rights with respect thereto
except to receive the purchase price therefor minus any costs and expenses associated with
such escrow account and notices allocated thereto. Any Certificates so purchased or deemed
to have been purchased on such Distribution Date shall remain outstanding hereunder until
the Master Servicer has terminated the respective obligations and responsibilities created
hereby in respect of the Certificates pursuant to this Article IX. The Master Servicer
shall be for all purposes the Holder thereof as of such date.
Section 9.02. Additional Termination Requirements.
(a) Each REMIC that comprises the Trust Fund shall be terminated in accordance with the
following additional requirements, unless (subject to Section 10.01(f)) the Trustee and the
Master Servicer have received an Opinion of Counsel (which Opinion of Counsel shall not be
an expense of the Trustee) to the effect that the failure of each such REMIC to comply with
the requirements of this Section 9.02 will not (i) result in the imposition on the Trust
Fund of taxes on "prohibited transactions," as described in Section 860F of the Code, or
(ii) cause any such REMIC to fail to qualify as a REMIC at any time that any Certificate is
outstanding:
(i) The Master Servicer shall establish a 90-day liquidation period for each such REMIC
and specify the first day of such period in a statement attached to the Trust Fund's
final Tax Return pursuant to Treasury regulations Section 1.860F-1. The Master
Servicer also shall satisfy all of the requirements of a qualified liquidation for a
REMIC under Section 860F of the Code and regulations thereunder;
(ii) The Master Servicer shall notify the Trustee at the commencement of such 90-day
liquidation period and, at or prior to the time of making of the final payment on the
Certificates, the Trustee shall sell or otherwise dispose of all of the remaining
assets of the Trust Fund in accordance with the terms hereof; and
(iii) If the Master Servicer or the Company is exercising its right to purchase the assets
of the Trust Fund, the Master Servicer shall, during the 90-day liquidation period
and at or prior to the Final Distribution Date, purchase all of the assets of the
Trust Fund for cash.
(b) Each Holder of a Certificate and the Trustee hereby irrevocably approves and appoints
the Master Servicer as its attorney-in-fact to adopt a plan of complete liquidation for each
REMIC at the expense of the Trust Fund in accordance with the terms and conditions of this
Agreement.
Section 9.03. Termination of Multiple REMICs.
If the REMIC Administrator makes two or more separate REMIC elections, the applicable
REMIC shall be terminated on the earlier of the Final Distribution Date and the date on
which it is deemed to receive the last deemed distributions on the related Uncertificated
REMIC Regular Interests and the last distribution due on the Certificates is made.
ARTICLE X
REMIC PROVISIONS
Section 10.01. REMIC Administration.
(a) The REMIC Administrator shall make an election to treat the Trust Fund as one or more
REMICs under the Code and, if necessary, under applicable state law. The assets of each
such REMIC will be set forth in the Series Supplement. Such election will be made on Form
1066 or other appropriate federal tax or information return (including Form 8811) or any
appropriate state return for the taxable year ending on the last day of the calendar year in
which the Certificates are issued. For the purposes of each REMIC election in respect of
the Trust Fund, Certificates and interests to be designated as the "regular interests" and
the sole class of "residual interests" in the REMIC will be set forth in Section 10.03 of
the Series Supplement. The REMIC Administrator and the Trustee shall not permit the
creation of any "interests" (within the meaning of Section 860G of the Code) in any REMIC
elected in respect of the Trust Fund other than the "regular interests" and "residual
interests" so designated.
(b) The Closing Date is hereby designated as the "startup day" of the Trust Fund within
the meaning of Section 860G(a)(9) of the Code.
(c) The REMIC Administrator shall hold a Class R Certificate representing a 0.01%
Percentage Interest each Class of the Class R Certificates and shall be designated as "the
tax matters person" with respect to each REMIC in the manner provided under Treasury
regulations section 1.860F-4(d) and Treasury regulations section 301.6231(a)(7)-1. The REMIC
Administrator, as tax matters person, shall (i) act on behalf of each REMIC in relation to
any tax matter or controversy involving the Trust Fund and (ii) represent the Trust Fund in
any administrative or judicial proceeding relating to an examination or audit by any
governmental taxing authority with respect thereto. The legal expenses, including without
limitation attorneys' or accountants' fees, and costs of any such proceeding and any
liability resulting therefrom shall be expenses of the Trust Fund and the REMIC
Administrator shall be entitled to reimbursement therefor out of amounts attributable to the
Mortgage Loans on deposit in the Custodial Account as provided by Section 3.10 unless such
legal expenses and costs are incurred by reason of the REMIC Administrator's willful
misfeasance, bad faith or gross negligence. If the REMIC Administrator is no longer the
Master Servicer hereunder, at its option the REMIC Administrator may continue its duties as
REMIC Administrator and shall be paid reasonable compensation not to exceed $3,000 per year
by any successor Master Servicer hereunder for so acting as the REMIC Administrator.
(d) The REMIC Administrator shall prepare or cause to be prepared all of the Tax Returns
that it determines are required with respect to each REMIC created hereunder and deliver
such Tax Returns in a timely manner to the Trustee and the Trustee shall sign and file such
Tax Returns in a timely manner. The expenses of preparing such returns shall be borne by
the REMIC Administrator without any right of reimbursement therefor. The REMIC
Administrator agrees to indemnify and hold harmless the Trustee with respect to any tax or
liability arising from the Trustee's signing of Tax Returns that contain errors or
omissions. The Trustee and Master Servicer shall promptly provide the REMIC Administrator
with such information as the REMIC Administrator may from time to time request for the
purpose of enabling the REMIC Administrator to prepare Tax Returns.
(e) The REMIC Administrator shall provide (i) to any Transferor of a Class R Certificate
such information as is necessary for the application of any tax relating to the transfer of
a Class R Certificate to any Person who is not a Permitted Transferee, (ii) to the Trustee,
and the Trustee shall forward to the Certificateholders, such information or reports as are
required by the Code or the REMIC Provisions including reports relating to interest,
original issue discount and market discount or premium (using the Prepayment Assumption) and
(iii) to the Internal Revenue Service the name, title, address and telephone number of the
person who will serve as the representative of each REMIC.
(f) The Master Servicer and the REMIC Administrator shall take such actions and shall
cause each REMIC created hereunder to take such actions as are reasonably within the Master
Servicer's or the REMIC Administrator's control and the scope of its duties more
specifically set forth herein as shall be necessary or desirable to maintain the status of
each REMIC as a REMIC under the REMIC Provisions (and the Trustee shall assist the Master
Servicer and the REMIC Administrator, to the extent reasonably requested by the Master
Servicer and the REMIC Administrator to do so). The Master Servicer and the REMIC
Administrator shall not knowingly or intentionally take any action, cause the Trust Fund to
take any action or fail to take (or fail to cause to be taken) any action reasonably within
their respective control that, under the REMIC Provisions, if taken or not taken, as the
case may be, could (i) endanger the status of any portion of any REMIC formed under the
Series Supplement as a REMIC or (ii) result in the imposition of a tax upon any such REMIC
(including but not limited to the tax on prohibited transactions as defined in Section
860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d)
of the Code) (either such event, in the absence of an Opinion of Counsel or the
indemnification referred to in this sentence, an "Adverse REMIC Event") unless the Master
Servicer or the REMIC Administrator, as applicable, has received an Opinion of Counsel (at
the expense of the party seeking to take such action or, if such party fails to pay such
expense, and the Master Servicer or the REMIC Administrator, as applicable, determines that
taking such action is in the best interest of the Trust Fund and the Certificateholders, at
the expense of the Trust Fund, but in no event at the expense of the Master Servicer, the
REMIC Administrator or the Trustee) to the effect that the contemplated action will not,
with respect to each REMIC created hereunder, endanger such status or, unless the Master
Servicer, the REMIC Administrator or both, as applicable, determine in its or their sole
discretion to indemnify the Trust Fund against the imposition of such a tax, result in the
imposition of such a tax. Wherever in this Agreement a contemplated action may not be taken
because the timing of such action might result in the imposition of a tax on the Trust Fund,
or may only be taken pursuant to an Opinion of Counsel that such action would not impose a
tax on the Trust Fund, such action may nonetheless be taken provided that the indemnity
given in the preceding sentence with respect to any taxes that might be imposed on the Trust
Fund has been given and that all other preconditions to the taking of such action have been
satisfied. The Trustee shall not take or fail to take any action (whether or not authorized
hereunder) as to which the Master Servicer or the REMIC Administrator, as applicable, has
advised it in writing that it has received an Opinion of Counsel to the effect that an
Adverse REMIC Event could occur with respect to such action. In addition, prior to taking
any action with respect to any REMIC created hereunder or any related assets thereof, or
causing any such REMIC to take any action, which is not expressly permitted under the terms
of this Agreement, the Trustee will consult with the Master Servicer or the REMIC
Administrator, as applicable, or its designee, in writing, with respect to whether such
action could cause an Adverse REMIC Event to occur with respect to any such REMIC, and the
Trustee shall not take any such action or cause any such REMIC to take any such action as to
which the Master Servicer or the REMIC Administrator, as applicable, has advised it in
writing that an Adverse REMIC Event could occur. The Master Servicer or the REMIC
Administrator, as applicable, may consult with counsel to make such written advice, and the
cost of same shall be borne by the party seeking to take the action not expressly permitted
by this Agreement, but in no event at the expense of the Master Servicer or the REMIC
Administrator. At all times as may be required by the Code, the Master Servicer will to the
extent within its control and the scope of its duties more specifically set forth herein,
maintain substantially all of the assets of each REMIC created hereunder as "qualified
mortgages" as defined in Section 860G(a)(3) of the Code and "permitted investments" as
defined in Section 860G(a)(5) of the Code.
(g) In the event that any tax is imposed on "prohibited transactions" of any REMIC
created hereunder as defined in Section 860F(a)(2) of the Code, on "net income from
foreclosure property" of any such REMIC as defined in Section 860G(c) of the Code, on any
contributions to any such REMIC after the Startup Day therefor pursuant to Section 860G(d)
of the Code, or any other tax is imposed by the Code or any applicable provisions of state
or local tax laws, such tax shall be charged (i) to the Master Servicer, if such tax arises
out of or results from a breach by the Master Servicer of any of its obligations under this
Agreement or the Master Servicer has in its sole discretion determined to indemnify the
Trust Fund against such tax, (ii) to the Trustee, if such tax arises out of or results from
a breach by the Trustee of any of its obligations under this Article X, or (iii) otherwise
against amounts on deposit in the Custodial Account as provided by Section 3.10 and on the
Distribution Date(s) following such reimbursement the aggregate of such taxes shall be
allocated in reduction of the Accrued Certificate Interest on each Class entitled thereto in
the same manner as if such taxes constituted a Prepayment Interest Shortfall.
(h) The Trustee and the Master Servicer shall, for federal income tax purposes, maintain
books and records with respect to each REMIC created hereunder on a calendar year and on an
accrual basis or as otherwise may be required by the REMIC Provisions.
(i) Following the Startup Day, neither the Master Servicer nor the Trustee shall accept
any contributions of assets to any REMIC created hereunder unless (subject to Section
10.01(f)) the Master Servicer and the Trustee shall have received an Opinion of Counsel (at
the expense of the party seeking to make such contribution) to the effect that the inclusion
of such assets in such REMIC will not cause the REMIC to fail to qualify as a REMIC at any
time that any Certificates are outstanding or subject the REMIC to any tax under the REMIC
Provisions or other applicable provisions of federal, state and local law or ordinances.
(j) Neither the Master Servicer nor the Trustee shall (subject to Section 10.01(f)) enter
into any arrangement by which any REMIC created hereunder will receive a fee or other
compensation for services nor permit any such REMIC to receive any income from assets other
than "qualified mortgages" as defined in Section 860G(a)(3) of the Code or "permitted
investments" as defined in Section 860G(a)(5) of the Code.
(k) Solely for the purposes of Section 1.860G-1(a)(4)(iii) of the Treasury Regulations,
the "latest possible maturity date" by which the Certificate Principal Balance of each Class
of Certificates (other than the Interest Only Certificates) representing a regular interest
in the applicable REMIC and the Uncertificated Principal Balance of each Uncertificated
REMIC Regular Interest (other than each Uncertificated REMIC Regular Interest represented by
a Class A-V Certificate, if any) and the rights to the Interest Only Certificates and
Uncertificated REMIC Regular Interest represented by a Class A-V Certificate would be
reduced to zero is the Maturity Date for each such Certificate and Interest.
(l) Within 30 days after the Closing Date, the REMIC Administrator shall prepare and file
with the Internal Revenue Service Form 8811, "Information Return for Real Estate Mortgage
Investment Conduits (REMIC) and Issuers of Collateralized Debt Obligations" for each REMIC
created hereunder.
(m) Neither the Trustee nor the Master Servicer shall sell, dispose of or substitute for
any of the Mortgage Loans (except in connection with (i) the default, imminent default or
foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a
Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of any REMIC
created hereunder, (iii) the termination of any such REMIC pursuant to Article IX of this
Agreement or (iv) a purchase of Mortgage Loans pursuant to Article II or III of this
Agreement) nor acquire any assets for any such REMIC, nor sell or dispose of any investments
in the Custodial Account or the Certificate Account for gain nor accept any contributions to
any such REMIC after the Closing Date unless it has received an Opinion of Counsel that such
sale, disposition, substitution or acquisition will not (a) affect adversely the status of
such REMIC as a REMIC or (b) unless the Master Servicer has determined in its sole
discretion to indemnify the Trust Fund against such tax, cause such REMIC to be subject to a
tax on "prohibited transactions" or "contributions" pursuant to the REMIC Provisions.
Section 10.02. Master Servicer, REMIC Administrator and Trustee Indemnification.
(a) The Trustee agrees to indemnify the Trust Fund, the Company, the REMIC Administrator
and the Master Servicer for any taxes and costs including, without limitation, any
reasonable attorneys fees imposed on or incurred by the Trust Fund, the Company or the
Master Servicer, as a result of a breach of the Trustee's covenants set forth in Article
VIII or this Article X.
(b) The REMIC Administrator agrees to indemnify the Trust Fund, the Company, the Master
Servicer and the Trustee for any taxes and costs (including, without limitation, any
reasonable attorneys' fees) imposed on or incurred by the Trust Fund, the Company, the
Master Servicer or the Trustee, as a result of a breach of the REMIC Administrator's
covenants set forth in this Article X with respect to compliance with the REMIC Provisions,
including without limitation, any penalties arising from the Trustee's execution of Tax
Returns prepared by the REMIC Administrator that contain errors or omissions; provided,
however, that such liability will not be imposed to the extent such breach is a result of an
error or omission in information provided to the REMIC Administrator by the Master Servicer
in which case Section 10.02(c) will apply.
(c) The Master Servicer agrees to indemnify the Trust Fund, the Company, the REMIC
Administrator and the Trustee for any taxes and costs (including, without limitation, any
reasonable attorneys' fees) imposed on or incurred by the Trust Fund, the Company, the REMIC
Administrator or the Trustee, as a result of a breach of the Master Servicer's covenants set
forth in this Article X or in Article III with respect to compliance with the REMIC
Provisions, including without limitation, any penalties arising from the Trustee's execution
of Tax Returns prepared by the Master Servicer that contain errors or omissions.
Section 10.03. Designation of REMIC(s).
As provided in Section 10.03 of the Series Supplement.
Section 10.04. Distributions on the Uncertificated REMIC I and REMIC II Regular Interests.
As provided in Section 10.04 of the Series Supplement.
Section 10.05. Compliance with Withholding Requirements.
As provided in Section 10.05 of the Series Supplement.
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01. Amendment.
(a) This Agreement or any Custodial Agreement may be amended from time to time by the
Company, the Master Servicer and the Trustee, without the consent of any of the
Certificateholders:
(i) to cure any ambiguity,
(ii) to correct or supplement any provisions herein or therein, which may be inconsistent
with any other provisions herein or therein or to correct any error,
(iii) to modify, eliminate or add to any of its provisions to such extent as shall be
necessary or desirable to maintain the qualification of the Trust Fund as a REMIC at
all times that any Certificate is outstanding or to avoid or minimize the risk of the
imposition of any tax on the Trust Fund pursuant to the Code that would be a claim
against the Trust Fund, provided that the Trustee has received an Opinion of Counsel
to the effect that (A) such action is necessary or desirable to maintain such
qualification or to avoid or minimize the risk of the imposition of any such tax and
(B) such action will not adversely affect in any material respect the interests of
any Certificateholder,
(iv) to change the timing and/or nature of deposits into the Custodial Account or the
Certificate Account or to change the name in which the Custodial Account is
maintained, provided that (A) the Certificate Account Deposit Date shall in no event
be later than the related Distribution Date, (B) such change shall not, as evidenced
by an Opinion of Counsel, adversely affect in any material respect the interests of
any Certificateholder and (C) such change shall not result in a reduction of the
rating assigned to any Class of Certificates below the lower of the then-current
rating or the rating assigned to such Certificates as of the Closing Date (in the
case of the Insured Certificates (as defined in the Series Supplement), such
determination shall be made without giving effect to the Certificate Policy (as
defined in the Series Supplement)), as evidenced by a letter from each Rating Agency
to such effect,
(v) to modify, eliminate or add to the provisions of Section 5.02(f) or any other
provision hereof restricting transfer of the Class R Certificates, by virtue of their
being the "residual interests" in a REMIC, provided that (A) such change shall not
result in reduction of the rating assigned to any such Class of Certificates below
the lower of the then-current rating or the rating assigned to such Certificates as
of the Closing Date (in the case of the Insured Certificates (as defined in the
Series Supplement), such determination shall be made without giving effect to the
Certificate Policy (as defined in the Series Supplement)), as evidenced by a letter
from each Rating Agency to such effect, and (B) such change shall not (subject to
Section 10.01(f)), as evidenced by an Opinion of Counsel (at the expense of the party
seeking so to modify, eliminate or add such provisions), cause any REMIC created
hereunder or any of the Certificateholders (other than the transferor) to be subject
to a federal tax caused by a transfer to a Person that is not a Permitted Transferee,
(vi) to make any other provisions with respect to matters or questions arising under this
Agreement or such Custodial Agreement which shall not be materially inconsistent with
the provisions of this Agreement, provided that such action shall not, as evidenced
by an Opinion of Counsel, adversely affect in any material respect the interests of
any Certificateholder or
(vii) to amend any provision herein or therein that is not material to any of
the Certificateholders.
(b) This Agreement or any Custodial Agreement may also be amended from time to time by
the Company, the Master Servicer and the Trustee with the consent of the Holders of
Certificates evidencing in the aggregate not less than 66% of the Percentage Interests of
each Class of Certificates with a Certificate Principal Balance greater than zero affected
thereby for the purpose of adding any provisions to or changing in any manner or eliminating
any of the provisions of this Agreement or such Custodial Agreement or of modifying in any
manner the rights of the Holders of Certificates of such Class; provided, however, that no
such amendment shall:
(i) reduce in any manner the amount of, or delay the timing of, payments which are
required to be distributed on any Certificate without the consent of the Holder of
such Certificate,
(ii) reduce the aforesaid percentage of Certificates of any Class the Holders of which are
required to consent to any such amendment, in any such case without the consent of
the Holders of all Certificates of such Class then outstanding.
(c) Notwithstanding any contrary provision of this Agreement, the Trustee shall not
consent to any amendment to this Agreement unless it shall have first received an Opinion of
Counsel (subject to Section 10.01(f) and at the expense of the party seeking such amendment)
to the effect that such amendment or the exercise of any power granted to the Master
Servicer, the Company or the Trustee in accordance with such amendment will not result in
the imposition of a federal tax on the Trust Fund or cause any REMIC created under the
Series Supplement to fail to qualify as a REMIC at any time that any Certificate is
outstanding.
(d) Promptly after the execution of any such amendment the Trustee shall furnish written
notification of the substance of such amendment to the Custodian and each
Certificateholder. It shall not be necessary for the consent of Certificateholders under
this Section 11.01 to approve the particular form of any proposed amendment, but it shall be
sufficient if such consent shall approve the substance thereof. The manner of obtaining
such consents and of evidencing the authorization of the execution thereof by
Certificateholders shall be subject to such reasonable regulations as the Trustee may
prescribe.
(e) The Company shall have the option, in its sole discretion, to obtain and deliver to
the Trustee any corporate guaranty, payment obligation, irrevocable letter of credit, surety
bond, insurance policy or similar instrument or a reserve fund, or any combination of the
foregoing, for the purpose of protecting the Holders of the Class B Certificates against any
or all Realized Losses or other shortfalls. Any such instrument or fund shall be held by
the Trustee for the benefit of the Class B Certificateholders, but shall not be and shall
not be deemed to be under any circumstances included in the Trust Fund. To the extent that
any such instrument or fund constitutes a reserve fund for federal income tax purposes, (i)
any reserve fund so established shall be an outside reserve fund and not an asset of the
Trust Fund, (ii) any such reserve fund shall be owned by the Company, and (iii) amounts
transferred by the Trust Fund to any such reserve fund shall be treated as amounts
distributed by the Trust Fund to the Company or any successor, all within the meaning of
Treasury Regulations Section 1.860G-2(h) as it reads as of the Cut-off Date. In connection
with the provision of any such instrument or fund, this Agreement and any provision hereof
may be modified, added to, deleted or otherwise amended in any manner that is related or
incidental to such instrument or fund or the establishment or administration thereof, such
amendment to be made by written instrument executed or consented to by the Company but
without the consent of any Certificateholder and without the consent of the Master Servicer
or the Trustee being required unless any such amendment would impose any additional
obligation on, or otherwise adversely affect the interests of the Senior Certificateholders,
the Class M Certificateholders, the Master Servicer or the Trustee, as applicable; provided
that the Company obtains (subject to Section 10.01(f)) an Opinion of Counsel (which need not
be an opinion of Independent counsel) to the effect that any such amendment will not cause
(a) any federal tax to be imposed on the Trust Fund, including without limitation, any
federal tax imposed on "prohibited transactions" under Section 860F(a)(1) of the Code or on
"contributions after the startup date" under Section 860G(d)(1) of the Code and (b) any REMIC
created hereunder to fail to qualify as a REMIC at any time that any Certificate is
outstanding. In the event that the Company elects to provide such coverage in the form of a
limited guaranty provided by General Motors Acceptance Corporation, the Company may elect
that the text of such amendment to this Agreement shall be substantially in the form
attached hereto as Exhibit K (in which case Residential Funding's Subordinate Certificate
Loss Obligation as described in such exhibit shall be established by Residential Funding's
consent to such amendment) and that the limited guaranty shall be executed in the form
attached hereto as Exhibit L, with such changes as the Company shall deem to be appropriate;
it being understood that the Trustee has reviewed and approved the content of such forms and
that the Trustee's consent or approval to the use thereof is not required.
Section 11.02. Recordation of Agreement; Counterparts.
(a) To the extent permitted by applicable law, this Agreement is subject to recordation
in all appropriate public offices for real property records in all the counties or other
comparable jurisdictions in which any or all of the properties subject to the Mortgages are
situated, and in any other appropriate public recording office or elsewhere, such
recordation to be effected by the Master Servicer and at its expense on direction by the
Trustee (pursuant to the request of Holders of Certificates entitled to at least 25% of the
Voting Rights), but only upon direction accompanied by an Opinion of Counsel to the effect
that such recordation materially and beneficially affects the interests of the
Certificateholders.
(b) For the purpose of facilitating the recordation of this Agreement as herein provided
and for other purposes, this Agreement may be executed simultaneously in any number of
counterparts, each of which counterparts shall be deemed to be an original, and such
counterparts shall constitute but one and the same instrument.
Section 11.03. Limitation on Rights of Certificateholders.
(a) The death or incapacity of any Certificateholder shall not operate to terminate this
Agreement or the Trust Fund, nor entitle such Certificateholder's legal representatives or
heirs to claim an accounting or to take any action or proceeding in any court for a
partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and
liabilities of any of the parties hereto.
(b) No Certificateholder shall have any right to vote (except as expressly provided
herein) or in any manner otherwise control the operation and management of the Trust Fund,
or the obligations of the parties hereto, nor shall anything herein set forth, or contained
in the terms of the Certificates, be construed so as to constitute the Certificateholders
from time to time as partners or members of an association; nor shall any Certificateholder
be under any liability to any third person by reason of any action taken by the parties to
this Agreement pursuant to any provision hereof.
(c) No Certificateholder shall have any right by virtue of any provision of this
Agreement to institute any suit, action or proceeding in equity or at law upon or under or
with respect to this Agreement, unless such Holder previously shall have given to the
Trustee a written notice of default and of the continuance thereof, as hereinbefore
provided, and unless also the Holders of Certificates of any Class evidencing in the
aggregate not less than 25% of the related Percentage Interests of such Class, shall have
made written request upon the Trustee to institute such action, suit or proceeding in its
own name as Trustee hereunder and shall have offered to the Trustee such reasonable
indemnity as it may require against the costs, expenses and liabilities to be incurred
therein or thereby, and the Trustee, for 60 days after its receipt of such notice, request
and offer of indemnity, shall have neglected or refused to institute any such action, suit
or proceeding it being understood and intended, and being expressly covenanted by each
Certificateholder with every other Certificateholder and the Trustee, that no one or more
Holders of Certificates of any Class shall have any right in any manner whatever by virtue
of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders
of any other of such Certificates of such Class or any other Class, or to obtain or seek to
obtain priority over or preference to any other such Holder, or to enforce any right under
this Agreement, except in the manner herein provided and for the common benefit of
Certificateholders of such Class or all Classes, as the case may be. For the protection and
enforcement of the provisions of this Section 11.03, each and every Certificateholder and
the Trustee shall be entitled to such relief as can be given either at law or in equity.
Section 11.04. Governing Law.
This agreement and the Certificates shall be governed by and construed in accordance
with the laws of the State of New York and the obligations, rights and remedies of the
parties hereunder shall be determined in accordance with such laws.
Section 11.05. Notices.
As provided in Section 11.05 of the Series Supplement.
Section 11.06. Required Notices to Rating Agency and Subservicer.
The Company, the Master Servicer or the Trustee, as applicable, (i) shall notify each
Rating Agency at such time as it is otherwise required pursuant to this Agreement to give
notice of the occurrence of, any of the events described in clause (a), (b), (c), (d), (g),
(h), (i) or (j) below, (ii) shall notify the Subservicer at such time as it is otherwise
required pursuant to this Agreement to give notice of the occurrence of, any of the events
described in clause (a), (b), (c)(1), (g)(1), or (i) below, or (iii) provide a copy to each
Rating Agency at such time as otherwise required to be delivered pursuant to this Agreement
of any of the statements described in clauses (e) and (f) below:
(a) a material change or amendment to this Agreement,
(b) the occurrence of an Event of Default,
(c) (1) the termination or appointment of a successor Master Servicer or (2) the
termination or appointment of a successor Trustee or a change in the majority
ownership of the Trustee,
(d) the filing of any claim under the Master Servicer's blanket fidelity bond and the
errors and omissions insurance policy required by Section 3.12 or the cancellation or
modification of coverage under any such instrument,
(e) the statement required to be delivered to the Holders of each Class of Certificates
pursuant to Section 4.03,
(f) the statements required to be delivered pursuant to Sections 3.18 and 3.19,
(g) (1) a change in the location of the Custodial Account or (2) a change in the location
of the Certificate Account,
(h) the occurrence of any monthly cash flow shortfall to the Holders of any Class of
Certificates resulting from the failure by the Master Servicer to make an Advance
pursuant to Section 4.04,
(i) the occurrence of the Final Distribution Date, and
(j) the repurchase of or substitution for any Mortgage Loan,
provided, however, that with respect to notice of the occurrence of the events described in
clauses (d), (g) or (h) above, the Master Servicer shall provide prompt written notice to
each Rating Agency and the Subservicer, if applicable, of any such event known to the Master
Servicer.
Section 11.07. Severability of Provisions.
If any one or more of the covenants, agreements, provisions or terms of this
Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements,
provisions or terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement or of the Certificates or the
rights of the Holders thereof.
Section 11.08. Supplemental Provisions for Resecuritization.
This Agreement may be supplemented by means of the addition of a separate Article
hereto (a "Supplemental Article") for the purpose of resecuritizing any of the Certificates
issued hereunder, under the following circumstances. With respect to any Class or Classes
of Certificates issued hereunder, or any portion of any such Class, as to which the Company
or any of its Affiliates (or any designee thereof) is the registered Holder (the
"Resecuritized Certificates"), the Company may deposit such Resecuritized Certificates into a
new REMIC, grantor trust or custodial arrangement (a "Restructuring Vehicle") to be held by
the Trustee pursuant to a Supplemental Article. The instrument adopting such Supplemental
Article shall be executed by the Company, the Master Servicer and the Trustee; provided,
that neither the Master Servicer nor the Trustee shall withhold their consent thereto if
their respective interests would not be materially adversely affected thereby. To the
extent that the terms of the Supplemental Article do not in any way affect any provisions of
this Agreement as to any of the Certificates initially issued hereunder, the adoption of the
Supplemental Article shall not constitute an "amendment" of this Agreement.
Each Supplemental Article shall set forth all necessary provisions relating to the
holding of the Resecuritized Certificates by the Trustee, the establishment of the
Restructuring Vehicle, the issuing of various classes of new certificates by the
Restructuring Vehicle and the distributions to be made thereon, and any other provisions
necessary for the purposes thereof. In connection with each Supplemental Article, the
Company shall deliver to the Trustee an Opinion of Counsel to the effect that (i) the
Restructuring Vehicle will qualify as a REMIC, grantor trust or other entity not subject to
taxation for federal income tax purposes and (ii) the adoption of the Supplemental Article
will not endanger the status of the Trust Fund as a REMIC or (subject to Section 10.01(f))
result in the imposition of a tax upon the Trust Fund (including but not limited to the tax
on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on
contributions to a REMIC as set forth in Section 860G(d) of the Code).
Section 11.09. Allocation of Voting Rights.
As provided in Section 11.09 of the Series Supplement.
Section 11.10. No Petition.
As provided in Section 11.10 of the Series Supplement.
ARTICLE XII
COMPLIANCE WITH REGULATION AB
Section 12.01. Intent of the Parties; Reasonableness.
The Company, the Trustee and the Master Servicer acknowledge and agree that
the purpose of this Article XII is to facilitate compliance by the Company with the
provisions of Regulation AB and related rules and regulations of the Commission. The
Company shall not exercise its right to request delivery of information or other performance
under these provisions other than in good faith, or for purposes other than compliance with
the Securities Act, the Exchange Act and the rules and regulations of the Commission under
the Securities Act and the Exchange Act. Each of the Master Servicer and the Trustee
acknowledges that interpretations of the requirements of Regulation AB may change over time,
whether due to interpretive guidance provided by the Commission or its staff, consensus
among participants in the mortgage-backed securities markets, advice of counsel, or
otherwise, and agrees to comply with reasonable requests made by the Company in good faith
for delivery of information under these provisions on the basis of evolving interpretations
of Regulation AB. Each of the Master Servicer and the Trustee shall cooperate reasonably
with the Company to deliver to the Company (including any of its assignees or designees),
any and all disclosure, statements, reports, certifications, records and any other
information necessary in the reasonable, good faith determination of the Company to permit
the Company to comply with the provisions of Regulation AB.
Section 12.02. Additional Representations and Warranties of the Trustee.
(a)....The Trustee shall be deemed to represent to the Company as of the date
hereof and on each date on which information is provided to the Company under Sections
12.01, 12.02(b) or 12.03 that, except as disclosed in writing to the Company prior to such
date: (i) there are no material legal or governmental proceedings pending (or known to be
contemplated) against it that would be material to Certificateholders; and (ii) the Trustee
is not an affiliate (as contemplated by Item 1119(a) of Regulation AB) of the Company or any
sponsor, issuing entity, servicer, trustee, originator, significant obligor, enhancement or
support provider or other material transaction party (as each of such terms are used in
Regulation AB), as identified by the Company to the Trustee in writing as of the Closing
Date (each, a "Transaction Party"). The Company shall notify the Trustee of any change in
the identity of a Transaction Party after the Closing Date.
(b)....If so requested by the Company on any date following the Closing Date,
the Trustee shall, within five Business Days following such request, confirm in writing the
accuracy of the representations and warranties set forth in paragraph (a) of this Section
or, if any such representation and warranty is not accurate as of the date of such
confirmation, provide the pertinent facts, in writing, to the Company. Any such request
from the Company shall not be given more than once each calendar quarter, unless the Company
shall have a reasonable basis for a determination that any of the representations and
warranties may not be accurate.
Section 12.03. Information to Be Provided by the Trustee.
For so long as the Certificates are outstanding, for the purpose of satisfying
the Company's reporting obligation under the Exchange Act with respect to any class of
Certificates, the Trustee shall provide to the Company a written description of (a) any
litigation or governmental proceedings pending against the Trustee as of the last day of
each calendar month that would be material to Certificateholders, and (b) any affiliations
or relationships (as described in Item 1119 of Regulation AB) that develop following the
Closing Date between the Trustee and any Transaction Party of the type described in Section
12.02(a)(iv) or 12.02(a)(v) as of the last day of each calendar year. Any descriptions
required with respect to legal proceedings, as well as updates to previously provided
descriptions, under this Section 12.03 shall be given no later than five Business Days prior
to the Determination Date following the month in which the relevant event occurs, and any
notices and descriptions required with respect to affiliations, as well as updates to
previously provided descriptions, under this Section 12.03 shall be given no later than
January 31 of the calendar year following the year in which the relevant event occurs. As
of the related Distribution Date with respect to each Report on Form 10-D with respect to
the Certificates filed by or on behalf of the Company, and as of March 15 preceding the date
each Report on Form 10-K with respect to the Certificates is filed, the Trustee will be
deemed to represent that any information previously provided by the Trustee under this
Article XII is materially correct and does not have any material omissions unless the
Trustee has provided an update to such information. The Company will provide the Trustee
any disclosure relating to material litigation against the Trustee in a timely manner to
allow the Trustee to review such disclosure prior to filing such disclosure with the
Commission to the extent the Company changes the information provided by the Trustee.
Section 12.04. Report on Assessment of Compliance and Attestation.
On or before March 15 of each calendar year until a Form 15 Suspension
Notification has been filed with the Commission with respect to the Trust, the Trustee shall:
(a) deliver to the Company a report (in form and substance reasonably satisfactory to the
Company) regarding the Trustee's assessment of compliance with the applicable Servicing
Criteria during the immediately preceding calendar year, as required under Rules 13a-18 and
15d-18 of the Exchange Act and Item 1122 of Regulation AB. Such report shall be signed by
an authorized officer of the Trustee, and shall address each of the Servicing Criteria
specified on Exhibit R hereto; and
(b) deliver to the Company a report of a registered public accounting firm satisfying the
requirements of Rule 2-01 of Regulation S-X under the Securities Act and the Exchange Act
that attests to, and reports on, the assessment of compliance made by the Trustee and
delivered pursuant to the preceding paragraph. Such attestation shall be in accordance with
Rules 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities Act and the Exchange Act.
Section 12.05. Indemnification; Remedies.
(a) The Trustee shall indemnify the Company, each affiliate of the Company, the Master
Servicer and each affiliate of the Master Servicer, and the respective present and former
directors, officers, employees and agents of each of the foregoing, and shall hold each of
them harmless from and against any losses, damages, penalties, fines, forfeitures, legal
fees and expenses and related costs, judgments, and any other costs, fees and expenses that
any of them may sustain arising out of or based upon:
.......................(i)(A) any untrue statement of a material fact contained or alleged to
be contained in any information, report, certification or other material provided under this
Article XII by the Trustee (collectively, the "Trustee Information"), or (B) the omission or
alleged omission to state in the Trustee Information a material fact required to be stated
in the Trustee Information or necessary in order to make the statements therein, in the
light of the circumstances under which they were made, not misleading; or
.......................(ii) any failure by the Trustee to deliver any information, report,
certification or other material when and as required under this Article XII, other than a
failure by the Trustee to deliver an accountants' attestation;
provided, however, that in no event will the Trustee be liable for any consequential or
punitive damages pursuant to this Section 12.05(a), even if advised of the possibility of
such damages.
(b) In the case of any failure of performance described in clause (ii) of Section
12.05(a), the Trustee shall (i) promptly reimburse the Company for all costs reasonably
incurred by the Company in order to obtain the information, report, certification,
accountants' attestation or other material not delivered as required by the Trustee and (ii)
cooperate with the Company to mitigate any damages that may result from such failure.
(c) The Company and the Master Servicer shall indemnify the Trustee, each affiliate of
the Trustee and the respective present and former directors, officers, employees and agents
of the Trustee, and shall hold each of them harmless from and against any losses, damages,
penalties, fines, forfeitures, legal fees and expenses and related costs, judgments, and any
other costs, fees and expenses that any of them may sustain arising out of or based upon (i)
any untrue statement of a material fact contained or alleged to be contained in any
information provided under this Agreement by or on behalf of the Company or Master Servicer
for inclusion in any report filed with Commission under the Exchange Act (collectively, the
"RFC Information"), or (ii) the omission or alleged omission to state in the RFC Information
a material fact required to be stated in the RFC Information or necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not
misleading; provided, however, that in no event will the Company or the Master Servicer be
liable for any consequential or punitive damages pursuant to this Section 12.05(c), even if
advised of the possibility of such damages.
EXHIBIT A
FORM OF CLASS A CERTIFICATE, [PRINCIPAL ONLY/CLASS A-P] CERTIFICATE AND [INTEREST ONLY/CLASS
A-V] CERTIFICATE
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST"
IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986.
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.]
[THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSES OF APPLYING THE U.S.
FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO THIS CERTIFICATE. THE ISSUE
DATE OF THIS CERTIFICATE IS ___________ __, ____. ASSUMING THAT THE MORTGAGE LOANS PREPAY
AT [___]% OF THE PREPAYMENT SPEED ASSUMPTION (AS DESCRIBED IN THE PROSPECTUS SUPPLEMENT),
[AND ASSUMING A CONSTANT PASS-THROUGH RATE EQUAL TO THE INITIAL PASS-THROUGH RATE,] THIS
CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $[ ] OF OID PER [$1,000] [$100,000]
OF [INITIAL CERTIFICATE PRINCIPAL BALANCE] [NOTIONAL AMOUNT], THE YIELD TO MATURITY IS
[ ]% AND THE AMOUNT OF OID ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN
$[ ] PER [$1,000] [$100,000] OF [INITIAL CERTIFICATE PRINCIPAL BALANCE]
[NOTIONAL AMOUNT], COMPUTED USING THE APPROXIMATE METHOD. NO REPRESENTATION IS MADE THAT
THE MORTGAGE LOANS WILL PREPAY AT A RATE BASED ON THE PREPAYMENT SPEED ASSUMPTION OR AT ANY
OTHER RATE OR AS TO THE CONSTANCY OF THE PASS-THROUGH RATE.]
Certificate No. [ %][Variable] Pass-Through Rate
[based on a Notional Amount]
Class A- Senior
Date of Pooling and Servicing [Percentage Interest: %]
Agreement and Cut-off Date:
___________ 1, ____ Aggregate Initial [Certificate Principal
Balance] [[Interest Only/Class A-V] Notional
First Distribution Date: Amount] [Subclass Notional Amount] of the
_________ 25, ____ Class A- Certificates:
Master Servicer: [Initial] [Certificate Principal
Residential Funding Balance] [Interest Only/Class A-V] [Subclass]
Corporation Notional Amount] of this Certificate:
$ ]
Assumed Final
Distribution Date: CUSIP 76110F-
___________ 25, ____
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATE
SERIES ____-___
evidencing a percentage interest in the distributions allocable
to the Class A- Certificates with respect to a Trust Fund
consisting primarily of a pool of conventional one- to
four-family fixed interest rate first mortgage loans formed and
sold by RESIDENTIAL ACCREDIT LOANS, INC.
This Certificate is payable solely from the assets of the Trust Fund, and does
not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master
Servicer, the Trustee referred to below or GMAC Mortgage Group, Inc. or any of their
affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality or by Residential Accredit Loans,
Inc., the Master Servicer, the Trustee or GMAC Mortgage Group, Inc. or any of their
affiliates. None of the Company, the Master Servicer, GMAC Mortgage Group, Inc. or any of
their affiliates will have any obligation with respect to any certificate or other
obligation secured by or payable from payments on the Certificates.
This certifies that ________________________________________________________
is the registered owner of the Percentage Interest evidenced by this Certificate [(obtained
by dividing the [Initial Certificate Principal Balance] [Initial [Interest Only/Class A-V]
Notional Amount] of this Certificate by the aggregate [Initial Certificate Principal Balance
of all Class A- Certificates] [Initial [Interest Only/Class A-V] Notional Amounts of
all [Interest Only/Class A-V] Certificates], both as specified above)] in certain
distributions with respect to the Trust Fund consisting primarily of an interest in a pool
of conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage
Loans"), formed and sold by Residential Accredit Loans, Inc. (hereinafter called the
"Company," which term includes any successor entity under the Agreement referred to below).
The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified
above (the "Agreement") among the Company, the Master Servicer and __________________, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set
forth hereafter. To the extent not defined herein, the capitalized terms used herein have
the meanings assigned in the Agreement. This Certificate is issued under and is subject to
the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this
Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on the
25th day of each month or, if such 25th day is not a Business Day, the Business Day
immediately following (the "Distribution Date"), commencing as described in the Agreement,
to the Person in whose name this Certificate is registered at the close of business on the
last day (or if such last day is not a Business Day, the Business Day immediately preceding
such last day) of the month immediately preceding the month of such distribution (the
"Record Date"), from the Available Distribution Amount in an amount equal to the product of
the Percentage Interest evidenced by this Certificate and the amount [(of interest and
principal, if any)] required to be distributed to Holders of Class A- Certificates on
such Distribution Date. [The [Interest Only/Class A-V] Notional Amount of the [Interest
Only/Class A-V] Certificates as of any date of determination is equal to the aggregate
Stated Principal Balance of the Mortgage Loans corresponding to the Uncertificated REMIC
Regular Interests represented by such [Interest Only/Class A-V] Certificates.] [The Subclass
Notional Amount of the [Interest Only/Class A-V]- Certificates as of any date of
determination is equal to the aggregate Stated Principal Balance of the Mortgage Loans
corresponding to the Uncertificated REMIC Regular Interests represented by such [Interest
Only/Class A-V]- Certificates immediately prior to such date.] [The [Interest Only/Class
A-V][- ] Certificates have no Certificate Principal Balance.]
Distributions on this Certificate will be made either by the Master Servicer
acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately
available funds (by wire transfer or otherwise) for the account of the Person entitled
thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or
by check mailed to the address of the Person entitled thereto, as such name and address
shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency appointed by the Trustee for that
purpose in the City and State of New York. The [Initial Certificate Principal Balance]
[Initial [Interest Only/Class A-V] Notional Amount] [initial Subclass Notional Amount] of
this Certificate is set forth above.] [The Certificate Principal Balance hereof will be
reduced to the extent of distributions allocable to principal and any Realized Losses
allocable hereto.]
This Certificate is one of a duly authorized issue of Certificates issued in
several Classes designated as Mortgage Asset-Backed Pass-Through Certificates of the Series
specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections and
recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in
the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage
Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the
Agreement, from related recoveries on such Mortgage Loan or from other cash that would have
been distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account and/or
the Certificate Account created for the benefit of Certificateholders may be made by the
Master Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including without limitation reimbursement to the Company
and the Master Servicer of advances made, or certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the amendment
of the Agreement and the modification of the rights and obligations of the Company, the
Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement
at any time by the Company, the Master Servicer and the Trustee with the consent of the
Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage
Interests of each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all future holders
of this Certificate and of any Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent is made upon the
Certificate. The Agreement also permits the amendment thereof in certain circumstances
without the consent of the Holders of any of the Certificates and, in certain additional
circumstances, without the consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein set
forth, the transfer of this Certificate is registrable in the Certificate Register upon
surrender of this Certificate for registration of transfer at the offices or agencies
appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied
by an assignment in the form below or other written instrument of transfer in form
satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof
or such Holder's attorney duly authorized in writing, and thereupon one or more new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without coupons
in Classes and in denominations specified in the Agreement. As provided in the Agreement
and subject to certain limitations therein set forth, Certificates are exchangeable for new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest, as requested by the Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate Registrar
and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar
may treat the Person in whose name this Certificate is registered as the owner hereof for
all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent
shall be affected by notice to the contrary.
This Certificate shall be governed by and construed in accordance with the
laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates and
the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all
amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the
Agreement following the earlier of (i) the maturity or other liquidation of the last
Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure
or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master
Servicer from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The
Agreement permits, but does not require, the Master Servicer to (i) purchase at a price
determined as provided in the Agreement all remaining Mortgage Loans and all property
acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of
the Certificates from the Holders thereof; provided, that any such option may only be
exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution
Date upon which the proceeds of any such purchase are distributed is less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans.
Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purposes have the same
effect as if set forth at this place.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be entitled to any
benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.
Dated: [_________________________],
as Trustee
By: ____________________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class A- Certificates referred to in the
within-mentioned Agreement.
[___________________________],
as Certificate Registrar
By: ___________________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto _________________________________________________________________________________ (Please
print or typewrite name and address including postal zip code of assignee) a Percentage
Interest evidenced by the within Mortgage Asset-Backed Pass-Through Certificate and hereby
authorizes the transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new Certificate of
a like denomination and Class, to the above named assignee and deliver such Certificate to
the following address:
____________________________________
Dated: ___________________ Signature by or on behalf of assignor
______________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in immediately
available funds to _________________________ for the account of ________________
account number __________________, or, if mailed by check, to
____________________.
Applicable statements should be mailed to _______________________ .
This information is provided by __________________, the assignee named
above, or ___________________, as its agent.
EXHIBIT B
FORM OF CLASS M CERTIFICATE
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES
[CLASS M-1 CERTIFICATES] [AND CLASS M-2 CERTIFICATES] AS DESCRIBED IN THE AGREEMENT (AS
DEFINED BELOW).
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST"
IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE").
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO ISSUER OR ITS AGENT FOR
REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN
THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE
OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR
OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE &
CO., HAS AN INTEREST HEREIN.
THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSES OF APPLYING THE U.S.
FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO THIS CERTIFICATE. THE ISSUE
DATE OF THIS CERTIFICATE IS ___________ __, ____. ASSUMING THAT THE MORTGAGE LOANS PREPAY
AT [___]% OF THE PREPAYMENT SPEED ASSUMPTION (AS DESCRIBED IN THE PROSPECTUS SUPPLEMENT),
THIS CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $[____] OF OID PER $[1,000] OF INITIAL
CERTIFICATE PRINCIPAL BALANCE, THE YIELD TO MATURITY IS [_____]% AND THE AMOUNT OF OID
ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN $[____] PER $[1,000] OF INITIAL
CERTIFICATE PRINCIPAL BALANCE, COMPUTED UNDER THE APPROXIMATE METHOD. NO REPRESENTATION IS
MADE THAT THE MORTGAGE LOANS WILL PREPAY AT A RATE BASED ON THE PREPAYMENT SPEED ASSUMPTION
OR AT ANY OTHER RATE.
ANY TRANSFEREE OF THIS CERTIFICATE WILL BE DEEMED TO HAVE REPRESENTED BY
VIRTUE OF ITS PURCHASE OR HOLDING OF THIS CERTIFICATE (OR INTEREST HEREIN) THAT
EITHER (A) SUCH TRANSFEREE IS NOT AN INVESTMENT MANAGER, A NAMED FIDUCIARY OR A
TRUSTEE OF ANY PLAN, OR ANY OTHER PERSON, ACTING, DIRECTLY OR INDIRECTLY, ON BEHALF
OF OR PURCHASING ANY CERTIFICATE WITH "PLAN ASSETS" OF ANY PLAN (A "PLAN INVESTOR"),
(B) IT HAS ACQUIRED AND IS HOLDING SUCH CERTIFICATE IN RELIANCE ON PROHIBITED
TRANSACTION EXEMPTION ("PTE") 94-29, AS MOST RECENTLY AMENDED, PTE 2002-41, 67 FED.
REG. 54487 (AUGUST 22, 2002) (THE "RFC EXEMPTION"), AND THAT IT UNDERSTANDS THAT
THERE ARE CERTAIN CONDITIONS TO THE AVAILABILITY OF THE RFC EXEMPTION INCLUDING THAT
SUCH CERTIFICATE MUST BE RATED, AT THE TIME OF PURCHASE, NOT LOWER THAN "BBB-" (OR
ITS EQUIVALENT) BY STANDARD & POOR'S, FITCH OR XXXXX'X OR (C) (I) THE TRANSFEREE IS
AN INSURANCE COMPANY, (II) THE SOURCE OF FUNDS TO BE USED BY IT TO PURCHASE THE
CERTIFICATE IS AN "INSURANCE COMPANY GENERAL ACCOUNT" (WITHIN THE MEANING OF U.S.
DEPARTMENT OF LABOR PROHIBITED TRANSACTION CLASS EXEMPTION ("PTCE") 95-60), AND (III)
THE CONDITIONS SET FORTH IN SECTIONS I AND III OF PTCE 95-60 HAVE BEEN SATISFIED
(EACH ENTITY THAT SATISFIES THIS CLAUSE (C), A "COMPLYING INSURANCE COMPANY).
IF THIS CERTIFICATE (OR ANY INTEREST HEREIN) IS ACQUIRED OR HELD BY ANY PERSON
THAT DOES NOT SATISFY THE CONDITIONS DESCRIBED IN THE PRECEDING PARAGRAPH, THEN THE
LAST PRECEDING TRANSFEREE THAT EITHER (I) IS NOT A PLAN INVESTOR, (II) ACQUIRED SUCH
CERTIFICATE IN COMPLIANCE WITH THE RFC EXEMPTION, OR (III) IS A COMPLYING INSURANCE
COMPANY SHALL BE RESTORED, TO THE EXTENT PERMITTED BY LAW, TO ALL RIGHTS AND
OBLIGATIONS AS CERTIFICATE OWNER THEREOF RETROACTIVE TO THE DATE OF SUCH TRANSFER OF
THIS CERTIFICATE. THE TRUSTEE SHALL BE UNDER NO LIABILITY TO ANY PERSON FOR MAKING
ANY PAYMENTS DUE ON THIS CERTIFICATE TO SUCH PRECEDING TRANSFEREE.
ANY PURPORTED CERTIFICATE OWNER WHOSE ACQUISITION OR HOLDING OF THIS CERTIFICATE (OR
INTEREST HEREIN) WAS EFFECTED IN VIOLATION OF THE RESTRICTIONS IN SECTION 5.02(e) OF THE
POOLING AND SERVICING AGREEMENT SHALL INDEMNIFY AND HOLD HARMLESS THE COMPANY, THE TRUSTEE,
THE MASTER SERVICER, ANY SUBSERVICER, AND THE TRUST FUND FROM AND AGAINST ANY AND ALL
LIABILITIES, CLAIMS, COSTS OR EXPENSES INCURRED BY SUCH PARTIES AS A RESULT OF SUCH
ACQUISITION OR HOLDING.
Certificate No. [ ]% Pass-Through Rate
Class M- Subordinate Aggregate Certificate
Principal Balance
Date of Pooling and Servicing of the Class M Certificates:
Agreement and Cut-off Date: $
___________ 1, ____
Initial Certificate Principal
First Distribution Date: Balance of this Certificate:
_________ 25, ____ $
Master Servicer: CUSIP: 76110F-
Residential Funding Corporation
Assumed Final Distribution Date:
___________ 25, ____
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATE,
SERIES ____-___
evidencing a percentage interest in any distributions allocable to the Class
M- Certificates with respect to the Trust Fund consisting primarily of a
pool of conventional one- to four-family fixed interest rate first mortgage
loans formed and sold by RESIDENTIAL ACCREDIT LOANS, INC.
This Certificate is payable solely from the assets of the Trust Fund, and does
not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master
Servicer, the Trustee referred to below or GMAC Mortgage Group, Inc. or any of their
affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality or by Residential Accredit Loans,
Inc., the Master Servicer, the Trustee or GMAC Mortgage Group, Inc. or any of their
affiliates. None of the Company, the Master Servicer, GMAC Mortgage Group, Inc. or any of
their affiliates will have any obligation with respect to any certificate or other
obligation secured by or payable from payments on the Certificates.
This certifies that _____________________________________________ is the
registered owner of the Percentage Interest evidenced by this Certificate (obtained by
dividing the Certificate Principal Balance of this Certificate by the aggregate Certificate
Principal Balance of all Class M- Certificates, both as specified above) in certain
distributions with respect to a Trust Fund consisting primarily of a pool of conventional
one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed
and sold by Residential Accredit Loans, Inc. (hereinafter called the "Company," which term
includes any successor entity under the Agreement referred to below). The Trust Fund was
created pursuant to a Pooling and Servicing Agreement dated as specified above (the
"Agreement") among the Company, the Master Servicer and __________________, as trustee (the
"Trustee"), a summary of certain of the pertinent provisions of which is set forth
hereafter. To the extent not defined herein, the capitalized terms used herein have the
meanings assigned in the Agreement. This Certificate is issued under and is subject to the
terms, provisions and conditions of the Agreement, to which Agreement the Holder of this
Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on the
25th day of each month or, if such 25th day is not a Business Day, the Business Day
immediately following (the "Distribution Date"), commencing as described in the Agreement,
to the Person in whose name this Certificate is registered at the close of business on the
last day (or if such last day is not a Business Day, the Business Day immediately preceding
such last day) of the month immediately preceding the month of such distribution (the
"Record Date"), from the Available Distribution Amount in an amount equal to the product of
the Percentage Interest evidenced by this Certificate and the amount (of interest and
principal, if any) required to be distributed to Holders of Class M- Certificates on
such Distribution Date.
Distributions on this Certificate will be made either by the Master Servicer
acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately
available funds (by wire transfer or otherwise) for the account of the Person entitled
thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or
by check mailed to the address of the Person entitled thereto, as such name and address
shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency appointed by the Trustee for that
purpose in the City and State of New York. The Initial Certificate Principal Balance of
this Certificate is set forth above. The Certificate Principal Balance hereof will be
reduced to the extent of the distributions allocable to principal and any Realized Losses
allocable hereto.
As described above, no transfer of this Class M Certificate will be made
unless (i) the Trustee has received either an opinion of counsel or a representation letter,
each as described in the Agreement, relating to the permissibility of such transfer under
ERISA and Section 4975 of the Code, or (ii) this Certificate is held by a Depository, in
which case the Transferee will be deemed to have made representations relating to the
permissibility of such transfer under ERISA and Section 4975 of the Code, as described in
Section 5.02(e) of the Agreement. In addition, any purported Certificate Owner whose
acquisition or holding of this Certificate (or interest herein) was effected in violation of
the restrictions in Section 5.02(e) of the Agreement shall indemnify and hold harmless the
Company, the Trustee, the Master Servicer, any Subservicer, and the Trust Fund from and
against any and all liabilities, claims, costs or expenses incurred by such parties as a
result of such acquisition or holding.
This Certificate is one of a duly authorized issue of Certificates issued in
several Classes designated as Mortgage Asset-Backed Pass-Through Certificates of the Series
specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections and
recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in
the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage
Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the
Agreement, from related recoveries on such Mortgage Loan or from other cash that would have
been distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account and/or
the Certificate Account created for the benefit of Certificateholders may be made by the
Master Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including without limitation reimbursement to the Company
and the Master Servicer of advances made, or certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the amendment
of the Agreement and the modification of the rights and obligations of the Company, the
Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement
at any time by the Company, the Master Servicer and the Trustee with the consent of the
Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage
Interests of each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all future holders
of this Certificate and of any Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent is made upon the
Certificate. The Agreement also permits the amendment thereof in certain circumstances
without the consent of the Holders of any of the Certificates and, in certain additional
circumstances, without the consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein set
forth, the transfer of this Certificate is registrable in the Certificate Register upon
surrender of this Certificate for registration of transfer at the offices or agencies
appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied
by an assignment in the form below or other written instrument of transfer in form
satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof
or such Holder's attorney duly authorized in writing, and thereupon one or more new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without coupons
in Classes and in denominations specified in the Agreement. As provided in the Agreement
and subject to certain limitations therein set forth, Certificates are exchangeable for new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest, as requested by the Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate Registrar
and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar
may treat the Person in whose name this Certificate is registered as the owner hereof for
all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent
shall be affected by notice to the contrary.
This Certificate shall be governed by and construed in accordance with the
laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates and
the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all
amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the
Agreement following the earlier of (i) the maturity or other liquidation of the last
Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure
or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master
Servicer from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The
Agreement permits, but does not require, the Master Servicer to (i) purchase at a price
determined as provided in the Agreement all remaining Mortgage Loans and all property
acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of
the Certificates from the Holders thereof; provided, that any such option may only be
exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution
Date upon which the proceeds of any such purchase are distributed is less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be entitled to any
benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.
Dated: [_________________________],
as Trustee
By: ____________________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class A- Certificates referred to in the
within-mentioned Agreement.
[___________________________],
as Certificate Registrar
By: ___________________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto _________________________________________________________________________________ (Please
print or typewrite name and address including postal zip code of assignee) a Percentage
Interest evidenced by the within Mortgage Asset-Backed Pass-Through Certificate and hereby
authorizes the transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new Certificate of
a like denomination and Class, to the above named assignee and deliver such Certificate to
the following address:
____________________________________
Dated: ___________________ Signature by or on behalf of assignor
______________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in immediately
available funds to _________________________ for the account of ________________
account number __________________, or, if mailed by check, to
____________________.
Applicable statements should be mailed to _______________________ .
This information is provided by __________________, the assignee named
above, or ___________________, as its agent.
EXHIBIT C
FORM OF CLASS B CERTIFICATE
THIS CERTIFICATE IS SUBORDINATED IN RIGHT OF PAYMENT TO THE SENIOR CERTIFICATES AND CLASS M
CERTIFICATES [AND CLASS B-1] [CLASS B-2 CERTIFICATES] DESCRIBED IN THE AGREEMENT (AS DEFINED
HEREIN).
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS
IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS
WHICH ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS
TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT.
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES
EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(e) OF THE AGREEMENT OR AN OPINION OF COUNSEL
SATISFACTORY TO THE MASTER SERVICER, THE COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS
CERTIFICATE WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER
SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE
TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT.
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A
"REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G AND 860D OF THE CODE. THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE
PURPOSES OF APPLYING THE U.S. FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT ("OID") RULES TO
THIS CERTIFICATE. THE ISSUE DATE OF THIS CERTIFICATE IS ___________ __, ____. ASSUMING
THAT THE MORTGAGE LOANS PREPAY AT 100% OF THE PREPAYMENT SPEED ASSUMPTION (AS DESCRIBED IN
THE PROSPECTUS SUPPLEMENT), THIS CERTIFICATE HAS BEEN ISSUED WITH NO MORE THAN $[ ] OF
OID PER $[1,000] OF INITIAL CERTIFICATE PRINCIPAL BALANCE, THE YIELD TO MATURITY IS
[ ]% AND THE AMOUNT OF OID ATTRIBUTABLE TO THE INITIAL ACCRUAL PERIOD IS NO MORE THAN
$[ ] PER $[1,000] OF INITIAL CERTIFICATE PRINCIPAL BALANCE, COMPUTED UNDER THE
APPROXIMATE METHOD. NO REPRESENTATION IS MADE THAT THE MORTGAGE LOANS WILL PREPAY AT A RATE
BASED ON THE PREPAYMENT SPEED ASSUMPTION OR AT ANY OTHER RATE.
Certificate No. [ ]% Pass-Through Rate
Class B- Subordinate Aggregate Certificate
Principal Balance
Date of Pooling and Servicing of the Class B-
Agreement and Cut-off Date: Certificates as of
___________ 1, ____ the Cut-off Date:
$
First Distribution Date:
_________ 25, ____ Initial Certificate Principal
Balance of this Certificate:
Master Servicer: $
Residential Funding Corporation
Assumed Final Distribution Date:
___________ 25, ____
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATE,
SERIES ____-___
evidencing a percentage interest in any distributions allocable to the Class
B- Certificates with respect to the Trust Fund consisting primarily of a
pool of conventional one- to four-family fixed interest rate first mortgage
loans formed and sold by RESIDENTIAL ACCREDIT LOANS, INC.
This Certificate is payable solely from the assets of the Trust Fund, and does
not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master
Servicer, the Trustee referred to below or GMAC Mortgage Group, Inc. or any of their
affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality or by Residential Accredit Loans,
Inc., the Master Servicer, the Trustee or GMAC Mortgage Group, Inc. or any of their
affiliates. None of the Company, the Master Servicer, GMAC Mortgage Group, Inc. or any of
their affiliates will have any obligation with respect to any certificate or other
obligation secured by or payable from payments on the Certificates.
This certifies that Residential Accredit Loans, Inc. is the registered owner
of the Percentage Interest evidenced by this Certificate (obtained by dividing the
Certificate Principal Balance of this Certificate by the aggregate Certificate Principal
Balance of all Class B- Certificates, both as specified above) in certain distributions
with respect to a Trust Fund consisting primarily of a pool of conventional one- to
four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold
by Residential Accredit Loans, Inc. (hereinafter called the "Company," which term includes
any successor entity under the Agreement referred to below). The Trust Fund was created
pursuant to a Pooling and Servicing Agreement dated as specified above (the "Agreement")
among the Company, the Master Servicer and __________________, as trustee (the "Trustee"), a
summary of certain of the pertinent provisions of which is set forth hereafter. To the
extent not defined herein, the capitalized terms used herein have the meanings assigned in
the Agreement. This Certificate is issued under and is subject to the terms, provisions and
conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of
the acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on the
25th day of each month or, if such 25th day is not a Business Day, the Business Day
immediately following (the "Distribution Date"), commencing on the first Distribution Date
specified above, to the Person in whose name this Certificate is registered at the close of
business on the last day (or if such last day is not a Business Day, the Business Day
immediately preceding such last day) of the month next preceding the month of such
distribution (the "Record Date"), from the Available Distribution Amount in an amount equal
to the product of the Percentage Interest evidenced by this Certificate and the amount (of
interest and principal, if any) required to be distributed to Holders of Class B
Certificates on such Distribution Date.
Distributions on this Certificate will be made either by the Master Servicer
acting on behalf of the Trustee or by a Paying Agent appointed by the Trustee in immediately
available funds (by wire transfer or otherwise) for the account of the Person entitled
thereto if such Person shall have so notified the Master Servicer or such Paying Agent, or
by check mailed to the address of the Person entitled thereto, as such name and address
shall appear on the Certificate Register.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency appointed by the Trustee for that
purpose in the City and State of New York. The Initial Certificate Principal Balance of
this Certificate is set forth above. The Certificate Principal Balance hereof will be
reduced to the extent of the distributions allocable to principal and any Realized Losses
allocable hereto.
No transfer of this Class B Certificate will be made unless such transfer is
exempt from the registration requirements of the Securities Act of 1933, as amended, and any
applicable state securities laws or is made in accordance with said Act and laws. In the
event that such a transfer is to be made, (i) the Trustee or the Company may require an
opinion of counsel acceptable to and in form and substance satisfactory to the Trustee and
the Company that such transfer is exempt (describing the applicable exemption and the basis
therefor) from or is being made pursuant to the registration requirements of the Securities
Act of 1933, as amended, and of any applicable statute of any state and (ii) the transferee
shall execute an investment letter in the form described by the Agreement. The Holder
hereof desiring to effect such transfer shall, and does hereby agree to, indemnify the
Trustee, the Company, the Master Servicer and the Certificate Registrar acting on behalf of
the Trustee against any liability that may result if the transfer is not so exempt or is not
made in accordance with such Federal and state laws. In connection with any such transfer,
the Trustee will also require either (i) an opinion of counsel acceptable to and in form and
substance satisfactory to the Trustee, the Company and the Master Servicer with respect to
the permissibility of such transfer under the Employee Retirement Income Security Act of
1974, as amended ("ERISA"), and Section 4975 of the Internal Revenue Code (the "Code") and
stating, among other things, that the transferee's acquisition of a Class B Certificate will
not constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA
or Section 4975 of the Code or (ii) a representation letter, in the form as described by
Section 5.02(e) of the Agreement, either stating that the transferee is not an employee
benefit or other plan subject to the prohibited transaction provisions of ERISA or Section
4975 of the Code (a "Plan"), or any other person (including an investment manager, a named
fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or
purchasing any Certificate with "plan assets" of any Plan, or stating that the transferee is
an insurance company, the source of funds to be used by it to purchase the Certificate is an
"insurance company general account" (within the meaning of Department of Labor Prohibited
Transaction Class Exemption ("PTCE") 95-60), and the purchase is being made in reliance upon
the availability of the exemptive relief afforded under Sections I and III of PTCE 95-60.
This Certificate is one of a duly authorized issue of Certificates issued in
several Classes designated as Mortgage Asset-Backed Pass-Through Certificates of the Series
specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections and
recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in
the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage
Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the
Agreement, from related recoveries on such Mortgage Loan or from other cash that would have
been distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account and/or
the Certificate Account created for the benefit of Certificateholders may be made by the
Master Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including without limitation reimbursement to the Company
and the Master Servicer of advances made, or certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the amendment
of the Agreement and the modification of the rights and obligations of the Company, the
Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement
at any time by the Company, the Master Servicer and the Trustee with the consent of the
Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage
Interests of each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all future holders
of this Certificate and of any Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent is made upon the
Certificate. The Agreement also permits the amendment thereof in certain circumstances
without the consent of the Holders of any of the Certificates and, in certain additional
circumstances, without the consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein set
forth, the transfer of this Certificate is registrable in the Certificate Register upon
surrender of this Certificate for registration of transfer at the offices or agencies
appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied
by an assignment in the form below or other written instrument of transfer in form
satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof
or such Holder's attorney duly authorized in writing, and thereupon one or more new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without coupons
in Classes and in denominations specified in the Agreement. As provided in the Agreement
and subject to certain limitations therein set forth, Certificates are exchangeable for new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest, as requested by the Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate Registrar
and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar
may treat the Person in whose name this Certificate is registered as the owner hereof for
all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent
shall be affected by notice to the contrary.
This Certificate shall be governed by and construed in accordance with the
laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates and
the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all
amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the
Agreement following the earlier of (i) the maturity or other liquidation of the last
Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure
or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master
Servicer from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The
Agreement permits, but does not require, the Master Servicer to (i) purchase at a price
determined as provided in the Agreement all remaining Mortgage Loans and all property
acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of
the Certificates from the Holders thereof; provided, that any such option may only be
exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution
Date upon which the proceeds of any such purchase are distributed is less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be entitled to any
benefit under the Agreement or be valid for any purpose.
IN WITNESS WHEREOF, the Trustee has caused this Certificate to be duly
executed.
Dated: [_________________________],
as Trustee
By: ____________________________
Authorized Signatory
CERTIFICATE OF AUTHENTICATION
This is one of the Class A- Certificates referred to in the
within-mentioned Agreement.
[___________________________],
as Certificate Registrar
By: ___________________________
Authorized Signatory
ASSIGNMENT
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s)
unto _________________________________________________________________________________ (Please
print or typewrite name and address including postal zip code of assignee) a Percentage
Interest evidenced by the within Mortgage Asset-Backed Pass-Through Certificate and hereby
authorizes the transfer of registration of such interest to assignee on the Certificate
Register of the Trust Fund.
I (We) further direct the Certificate Registrar to issue a new Certificate of
a like denomination and Class, to the above named assignee and deliver such Certificate to
the following address:
____________________________________
Dated: ___________________ Signature by or on behalf of assignor
______________________________________
Signature Guaranteed
DISTRIBUTION INSTRUCTIONS
The assignee should include the following for purposes of distribution:
Distributions shall be made, by wire transfer or otherwise, in immediately
available funds to _________________________ for the account of ________________
account number __________________, or, if mailed by check, to
____________________.
Applicable statements should be mailed to _______________________ .
This information is provided by __________________, the assignee named
above, or ___________________, as its agent.
EXHIBIT D
FORM OF CLASS R CERTIFICATE
THIS CERTIFICATE MAY NOT BE HELD BY OR TRANSFERRED TO A NON-UNITED STATES PERSON OR A
DISQUALIFIED ORGANIZATION (AS DEFINED BELOW).
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "RESIDUAL INTEREST" IN A
"REAL ESTATE MORTGAGE INVESTMENT CONDUIT" AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN
SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE").
NO TRANSFER OF THIS CERTIFICATE MAY BE MADE TO ANY PERSON, UNLESS THE TRANSFEREE PROVIDES
EITHER A CERTIFICATION PURSUANT TO SECTION 5.02(e) OF THE AGREEMENT OR AN OPINION OF COUNSEL
SATISFACTORY TO THE MASTER SERVICER, THE COMPANY AND THE TRUSTEE THAT THE PURCHASE OF THIS
CERTIFICATE WILL NOT CONSTITUTE OR RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER
SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), OR
SECTION 4975 OF THE CODE AND WILL NOT SUBJECT THE MASTER SERVICER, THE COMPANY OR THE
TRUSTEE TO ANY OBLIGATION OR LIABILITY IN ADDITION TO THOSE UNDERTAKEN IN THE AGREEMENT.
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE
PROPOSED TRANSFEREE PROVIDES A TRANSFER AFFIDAVIT TO THE MASTER SERVICER AND THE TRUSTEE
THAT (1) SUCH TRANSFEREE IS NOT (A) THE UNITED STATES, ANY STATE OR POLITICAL SUBDIVISION
THEREOF, ANY POSSESSION OF THE UNITED STATES, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE
FOREGOING (OTHER THAN AN INSTRUMENTALITY WHICH IS A CORPORATION IF ALL OF ITS ACTIVITIES ARE
SUBJECT TO TAX AND EXCEPT FOR XXXXXXX MAC, A MAJORITY OF ITS BOARD OF DIRECTORS IS NOT
SELECTED BY SUCH GOVERNMENTAL UNIT), (B) A FOREIGN GOVERNMENT, ANY INTERNATIONAL
ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF EITHER OF THE FOREGOING, (C) ANY
ORGANIZATION (OTHER THAN CERTAIN FARMERS' COOPERATIVES DESCRIBED IN SECTION 521 OF THE CODE)
WHICH IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS
SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE (INCLUDING THE TAX IMPOSED BY SECTION
511 OF THE CODE ON UNRELATED BUSINESS TAXABLE INCOME), (D) RURAL ELECTRIC AND TELEPHONE
COOPERATIVES DESCRIBED IN SECTION 1381(a)(2)(C) OF THE CODE, (E) AN ELECTING LARGE
PARTNERSHIP UNDER SECTION 775(a) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING
CLAUSES (A), (B), (C), (D) OR (E) BEING HEREIN REFERRED TO AS A "DISQUALIFIED
ORGANIZATION"), OR (F) AN AGENT OF A DISQUALIFIED ORGANIZATION, (2) NO PURPOSE OF SUCH
TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX AND (3) SUCH TRANSFEREE SATISFIES
CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED
TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OR ANY TRANSFER,
SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF
A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR
EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY
PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS
CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE OF THIS CERTIFICATE SHALL BE
DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH.
Certificate No. [ ]% Pass-Through Rate
Class R Senior Aggregate Initial Certificate
Principal Balance of the
Date of Pooling and Servicing Class R Certificates:
Agreement and Cut-off Date: $100.00
___________ 1, ____
Initial Certificate Principal
First Distribution Date: Balance of this Certificate:
_________ 25, ____ $
Master Servicer: Percentage Interest:
Residential Funding Corporation %
Assumed Final Distribution Date: CUSIP 76110F-
___________ 25, ____
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATE,
SERIES ____-___
evidencing a percentage interest in any distributions allocable to the Class R
Certificates with respect to the Trust Fund consisting primarily of a pool of
conventional one- to four-family fixed interest rate first mortgage loans
formed and sold by RESIDENTIAL ACCREDIT LOANS, INC.
This Certificate is payable solely from the assets of the Trust Fund, and does
not represent an obligation of or interest in Residential Accredit Loans, Inc., the Master
Servicer, the Trustee referred to below or GMAC Mortgage Group, Inc. or any of their
affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or
insured by any governmental agency or instrumentality or by Residential Accredit Loans,
Inc., the Master Servicer, the Trustee or GMAC Mortgage Group, Inc. or any of their
affiliates. None of the Company, the Master Servicer, GMAC Mortgage Group, Inc. or any of
their affiliates will have any obligation with respect to any certificate or other
obligation secured by or payable from payments on the Certificates.
This certifies that is the
registered owner of the Percentage Interest evidenced by this Certificate (obtained by
dividing the Initial Certificate Principal Balance of this Certificate by the aggregate
Initial Certificate Principal Balance of all Class R Certificates, both as specified above)
in certain distributions with respect to the Trust Fund consisting primarily of a pool of
conventional one- to four-family fixed interest rate first mortgage loans (the "Mortgage
Loans"), formed and sold by Residential Accredit Loans, Inc. (hereinafter called the
"Company," which term includes any successor entity under the Agreement referred to below).
The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as specified
above (the "Agreement") among the Company, the Master Servicer and __________________, as
trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set
forth hereafter. To the extent not defined herein, the capitalized terms used herein have
the meanings assigned in the Agreement. This Certificate is issued under and is subject to
the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this
Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
Pursuant to the terms of the Agreement, a distribution will be made on the
25th day of each month or, if such 25th day is not a Business Day, the Business Day
immediately following (the "Distribution Date"), commencing as described in the Agreement,
to the Person in whose name this Certificate is registered at the close of business on the
last day (or if such last day is not a Business Day, the Business Day immediately preceding
such last day) of the month immediately preceding the month of such distribution (the
"Record Date"), from the Available Distribution Amount in an amount equal to the product of
the Percentage Interest evidenced by this Certificate and the amount (of interest and
principal, if any) required to be distributed to Holders of Class R Certificates on such
Distribution Date.
Each Holder of this Certificate will be deemed to have agreed to be bound by
the restrictions set forth in the Agreement to the effect that (i) each person holding or
acquiring any Ownership Interest in this Certificate must be a United States Person and a
Permitted Transferee, (ii) the transfer of any Ownership Interest in this Certificate will
be conditioned upon the delivery to the Trustee of, among other things, an affidavit to the
effect that it is a United States Person and Permitted Transferee, (iii) any attempted or
purported transfer of any Ownership Interest in this Certificate in violation of such
restrictions will be absolutely null and void and will vest no rights in the purported
transferee, and (iv) if any person other than a United States Person and a Permitted
Transferee acquires any Ownership Interest in this Certificate in violation of such
restrictions, then the Company will have the right, in its sole discretion and without
notice to the Holder of this Certificate, to sell this Certificate to a purchaser selected
by the Company, which purchaser may be the Company, or any affiliate of the Company, on such
terms and conditions as the Company may choose.
Notwithstanding the above, the final distribution on this Certificate will be
made after due notice of the pendency of such distribution and only upon presentation and
surrender of this Certificate at the office or agency appointed by the Trustee for that
purpose in the City and State of New York. The Initial Certificate Principal Balance of
this Certificate is set forth above. The Certificate Principal Balance hereof will be
reduced to the extent of distributions allocable to principal and any Realized Losses
allocable hereto. Notwithstanding the reduction of the Certificate Principal Balance hereof
to zero, this Certificate will remain outstanding under the Agreement and the Holder hereof
may have additional obligations with respect to this Certificate, including tax liabilities,
and may be entitled to certain additional distributions hereon, in accordance with the terms
and provisions of the Agreement.
No transfer of this Class R Certificate will be made unless the Trustee has
received either (i) an opinion of counsel acceptable to and in form and substance
satisfactory to the Trustee, the Company and the Master Servicer with respect to the
permissibility of such transfer under the Employee Retirement Income Security Act of 1974,
as amended ("ERISA"), and Section 4975 of the Internal Revenue Code (the "Code") and
stating, among other things, that the transferee's acquisition of a Class R Certificate will
not constitute or result in a non-exempt prohibited transaction under Section 406 of ERISA
or Section 4975 of the Code or (ii) a representation letter, in the form as described by the
Agreement, stating that the transferee is not an employee benefit or other plan subject to
the prohibited transaction provisions of ERISA or Section 4975 of the Code (a "Plan"), or
any other person (including an investment manager, a named fiduciary or a trustee of any
Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan
assets" of any Plan.
This Certificate is one of a duly authorized issue of Certificates issued in
several Classes designated as Mortgage Asset-Backed Pass-Through Certificates of the Series
specified hereon (herein collectively called the "Certificates").
The Certificates are limited in right of payment to certain collections and
recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in
the Agreement. In the event Master Servicer funds are advanced with respect to any Mortgage
Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the
Agreement, from related recoveries on such Mortgage Loan or from other cash that would have
been distributable to Certificateholders.
As provided in the Agreement, withdrawals from the Custodial Account and/or
the Certificate Account created for the benefit of Certificateholders may be made by the
Master Servicer from time to time for purposes other than distributions to
Certificateholders, such purposes including without limitation reimbursement to the Company
and the Master Servicer of advances made, or certain expenses incurred, by either of them.
The Agreement permits, with certain exceptions therein provided, the amendment
of the Agreement and the modification of the rights and obligations of the Company, the
Master Servicer and the Trustee and the rights of the Certificateholders under the Agreement
at any time by the Company, the Master Servicer and the Trustee with the consent of the
Holders of Certificates evidencing in the aggregate not less than 66% of the Percentage
Interests of each Class of Certificates affected thereby. Any such consent by the Holder of
this Certificate shall be conclusive and binding on such Holder and upon all future holders
of this Certificate and of any Certificate issued upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent is made upon the
Certificate. The Agreement also permits the amendment thereof in certain circumstances
without the consent of the Holders of any of the Certificates and, in certain additional
circumstances, without the consent of the Holders of certain Classes of Certificates.
As provided in the Agreement and subject to certain limitations therein set
forth, the transfer of this Certificate is registrable in the Certificate Register upon
surrender of this Certificate for registration of transfer at the offices or agencies
appointed by the Trustee in the City and State of New York, duly endorsed by, or accompanied
by an assignment in the form below or other written instrument of transfer in form
satisfactory to the Trustee and the Certificate Registrar duly executed by the Holder hereof
or such Holder's attorney duly authorized in writing, and thereupon one or more new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest will be issued to the designated transferee or transferees.
The Certificates are issuable only as registered Certificates without coupons
in Classes and in denominations specified in the Agreement. As provided in the Agreement
and subject to certain limitations therein set forth, Certificates are exchangeable for new
Certificates of authorized denominations evidencing the same Class and aggregate Percentage
Interest, as requested by the Holder surrendering the same.
No service charge will be made for any such registration of transfer or
exchange, but the Trustee may require payment of a sum sufficient to cover any tax or other
governmental charge payable in connection therewith.
The Company, the Master Servicer, the Trustee and the Certificate Registrar
and any agent of the Company, the Master Servicer, the Trustee or the Certificate Registrar
may treat the Person in whose name this Certificate is registered as the owner hereof for
all purposes, and neither the Company, the Master Servicer, the Trustee nor any such agent
shall be affected by notice to the contrary.
This Certificate shall be governed by and construed in accordance with the
laws of the State of New York.
The obligations created by the Agreement in respect of the Certificates and
the Trust Fund created thereby shall terminate upon the payment to Certificateholders of all
amounts held by or on behalf of the Trustee and required to be paid to them pursuant to the
Agreement following the earlier of (i) the maturity or other liquidation of the last
Mortgage Loan subject thereto or the disposition of all property acquired upon foreclosure
or deed in lieu of foreclosure of any Mortgage Loan and (ii) the purchase by the Master
Servicer from the Trust Fund of all remaining Mortgage Loans and all property acquired in
respect of such Mortgage Loans, thereby effecting early retirement of the Certificates. The
Agreement permits, but does not require, the Master Servicer to (i) purchase at a price
determined as provided in the Agreement all remaining Mortgage Loans and all property
acquired in respect of any Mortgage Loan or (ii) purchase in whole, but not in part, all of
the Certificates from the Holders thereof; provided, that any such option may only be
exercised if the Pool Stated Principal Balance of the Mortgage Loans as of the Distribution
Date upon which the proceeds of any such purchase are distributed is less than ten percent
of the Cut-off Date Principal Balance of the Mortgage Loans.
Reference is hereby made to the further provisions of this Certificate set
forth on the reverse hereof, which further provisions shall for all purpose have the same
effect as if set forth at this place.
Unless the certificate of authentication hereon has been executed by the
Certificate Registrar, by manual signature, this Certificate shall not be entitled to any
benefit under the Agreement or be valid for any purpose.
EXHIBIT E
FORM OF SELLER/SERVICER CONTRACT
This Seller/Servicer Contract (as may be amended, supplemented or otherwise modified
from time to time, this "Contract") is made this ___________ day of _____________________,
20_______, by and between Residential Funding Corporation, its successors and assigns
("Residential Funding") and _________________________________________________________ (the
"Seller/Servicer," and, together with Residential Funding, the "parties" and each,
individually, a "party").
WHEREAS, the Seller/Servicer desires to sell Loans to, and/or service Loans for,
Residential Funding, and Residential Funding desires to purchase Loans from the
Seller/Servicer and/or have the Seller/Servicer service various of its Loans, pursuant to
the terms of this Contract and the Residential Funding Seller and Servicer Guides
incorporated herein by reference, as amended, supplemented or otherwise modified, from time
to time (together, the "Guides").
NOW, THEREFORE, in consideration of the premises, and the terms, conditions and
agreements set forth below, the parties agree as follows:
1. INCORPORATION OF GUIDES BY REFERENCE.
The Seller/Servicer acknowledges that it has received and read the Guides. All
provisions of the Guides are incorporated by reference into and made a part of this
Contract, and shall be binding upon the parties; provided, however, that the Seller/Servicer
shall be entitled to sell Loans to and/or service Loans for Residential Funding only if and
for so long as it shall have been authorized to do so by Residential Funding in writing.
Specific reference in this Contract to particular provisions of the Guides and not to other
provisions does not mean that those provisions of the Guides not specifically cited in this
Contract are not applicable. All terms used herein shall have the same meanings as such
terms have in the Guides, unless the context clearly requires otherwise.
2. AMENDMENTS.
This Contract may not be amended or modified orally, and no provision of this
Contract may be waived or amended except in writing signed by the party against whom
enforcement is sought. Such a written waiver or amendment must expressly reference this
Contract. However, by their terms, the Guides may be amended or supplemented by Residential
Funding from time to time. Any such amendment(s) to the Guides shall be binding upon the
parties hereto.
3. REPRESENTATIONS AND WARRANTIES.
a. Reciprocal Representations and Warranties.
The Seller/Servicer and Residential Funding each represents and warrants to
the other that as of the date of this Contract:
(1) Each party is duly organized, validly existing, and in good standing under the laws
of its jurisdiction of organization, is qualified, if necessary, to do
business and in good standing in each jurisdiction in which it is
required to be so qualified, and has the requisite power and authority
to enter into this Contract and all other agreements which are
contemplated by this Contract and to carry out its obligations
hereunder and under the Guides and under such other agreements.
(2) This Contract has been duly authorized, executed and delivered by each party and
constitutes a valid and legally binding agreement of each party
enforceable in accordance with its terms.
(3) There is no action, proceeding or investigation pending or threatened, and no basis
therefor is known to either party, that could affect the validity or
prospective validity of this Contract.
(4) Insofar as its capacity to carry out any obligation under this Contract is concerned,
neither party is in violation of any charter, articles of
incorporation, bylaws, mortgage, indenture, indebtedness, agreement,
instrument, judgment, decree, order, statute, rule or regulation and
none of the foregoing adversely affects its capacity to fulfill any of
its obligations under this Contract. Its execution of, and performance
pursuant to, this Contract will not result in a violation of any of the
foregoing.
b. Seller/Servicer's Representations, Warranties and Covenants.
In addition to the representations, warranties and covenants made by the
Seller/Servicer pursuant to subparagraph (a) of this paragraph 3, the
Seller/Servicer makes the representations, warranties and covenants set forth
in the Guides and, upon request, agrees to deliver to Residential Funding the
certified Resolution of Board of Directors which authorizes the execution and
delivery of this Contract.
4. REMEDIES OF RESIDENTIAL FUNDING.
If an Event of Seller Default or an Event of Servicer Default shall occur,
Residential Funding may, at its option, exercise one or more of those remedies set forth in
the Guides.
5. SELLER/SERVICER'S STATUS AS INDEPENDENT CONTRACTOR.
At no time shall the Seller/Servicer represent that it is acting as an agent of
Residential Funding. The Seller/Servicer shall, at all times, act as an independent
contractor.
6. PRIOR AGREEMENTS SUPERSEDED.
This Contract restates, amends and supersedes any and all prior Seller Contracts or
Servicer Contracts between the parties except that any subservicing agreement executed by
the Seller/Servicer in connection with any loan-security exchange transaction shall not be
affected.
7. ASSIGNMENT.
This Contract may not be assigned or transferred, in whole or in part, by the
Seller/Servicer without the prior written consent of Residential Funding. Residential
Funding may sell, assign, convey, hypothecate, pledge or in any other way transfer, in whole
or in part, without restriction, its rights under this Contract and the Guides with respect
to any Commitment or Loan.
8. NOTICES.
All notices, requests, demands or other communications that are to be given under
this Contract shall be in writing, addressed to the appropriate parties and sent by
telefacsimile or by overnight courier or by United States mail, postage prepaid, to the
addresses and telefacsimile numbers specified below. However, another name, address and/or
telefacsimile number may be substituted by the Seller/Servicer pursuant to the requirements
of this paragraph 8, or Residential Funding pursuant to an amendment to the Guides.
If to Residential Funding, notices must be sent to the appropriate address or telefacsimile
number specified in the Guides.
If to the Seller/Servicer, notice must be sent to:
Attention:
Telefacsimile Number: ( ) -
9. JURISDICTION AND VENUE.
----------------------------------------------------------------------------------------------
Each of the parties irrevocably submits to the jurisdiction of any state or federal
court located in Hennepin County, Minnesota, over any action, suit or proceeding to enforce
or defend any right under this Contract or otherwise arising from any loan sale or servicing
relationship existing in connection with this Contract, and each of the parties irrevocably
agrees that all claims in respect of any such action or proceeding may be heard or
determined in such state or federal court. Each of the parties irrevocably waives the
defense of an inconvenient forum to the maintenance of any such action or proceeding and any
other substantive or procedural rights or remedies it may have with respect to the
maintenance of any such action or proceeding in any such forum. Each of the parties agrees
that a final judgment in any such action or proceeding shall be conclusive and may be
enforced in any other jurisdiction by suit on the judgment or in any other manner provided
by law. Each of the parties further agrees not to institute any legal actions or
proceedings against the other party or any director, officer, employee, attorney, agent or
property of the other party, arising out of or relating to this Contract in any court other
than as hereinabove specified in this paragraph 9.
10. MISCELLANEOUS.
This Contract, including all documents incorporated by reference herein, constitutes
the entire understanding between the parties hereto and supersedes all other agreements,
covenants, representations, warranties, understandings and communications between the
parties, whether written or oral, with respect to the transactions contemplated by this
Contract. All paragraph headings contained herein are for convenience only and shall not be
construed as part of this Contract. Any provision of this Contract that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the
extent of such prohibition or unenforceability without invalidating the remaining portions
hereof or affecting the validity or enforceability of such provision in any other
jurisdiction, and, to this end, the provisions hereof are severable. This Contract shall be
governed by, and construed and enforced in accordance with, applicable federal laws and the
laws of the State of Minnesota.
IN WITNESS WHEREOF, the duly authorized officers of the Seller/Servicer and
Residential Funding have executed this Seller/Servicer Contract as of the date first above
written.
ATTEST: SELLER/SERVICER
[Corporate Seal]
(Name of Seller/Servicer)
By: By:
(Signature) (Signature)
By: By:
(Typed Name) (Typed Name)
Title: Title:
======================================= =========================================================
ATTEST: RESIDENTIAL FUNDING CORPORATION
[Corporate Seal]
By: By:
(Signature) (Signature)
By: By:
(Typed Name) (Typed Name)
Title: Title:
EXHIBIT F
FORMS OF REQUEST FOR RELEASE
DATE:
TO:
RE: REQUEST FOR RELEASE OF DOCUMENTS
In connection with the administration of the pool of Mortgage Loans held by you for the
referenced pool, we request the release of the Mortgage Loan File described below.
Pooling and Servicing Agreement Dated:
Series#:
Account#:
Pool#:
Loan#:
MIN#:
Borrower Name(s):
Reason for Document Request: (circle one)
Mortgage Loan Prepaid in Full Mortgage Loan Repurchased
"We hereby certify that all amounts received or to be received in connection with such
payments which are required to be deposited have been or will be so deposited as provided in
the Pooling and Servicing Agreement."
Residential Funding Corporation
Authorized Signature
******************************************************************************
TO CUSTODIAN/TRUSTEE: Please acknowledge this request, and check off documents being
enclosed with a copy of this form. You should retain this form for your files in accordance
with the terms of the Pooling and Servicing Agreement.
Enclosed Documents: [ ] Promissory Note
[ ] Primary Insurance Policy
[ ] Mortgage or Deed of Trust
[ ] Assignment(s) of Mortgage or Deed of Trust
[ ] Title Insurance Policy
[ ] Other:
Name:
Title:
Date:
EXHIBIT G-1
FORM OF TRANSFER AFFIDAVIT AND AGREEMENT
STATE OF )
) ss.:
COUNTY OF )
[NAME OF OFFICER], being first duly sworn, deposes and says:
1. That he is [Title of Officer] of [Name of Owner] (record or beneficial owner of the
Mortgage Asset-Backed Pass-Through Certificates, Series ____-___, Class R (the "Owner")), a
[savings institution] [corporation] duly organized and existing under the laws of [the State
of ] [the United States], on behalf of which he makes
this affidavit and agreement.
2. That the Owner (i) is not and will not be a "disqualified organization" or an
electing large partnership as of [date of transfer] within the meaning of Sections
860E(e)(5) and 775, respectively, of the Internal Revenue Code of 1986, as amended (the
"Code") or an electing large partnership under Section 775(a) of the Code, (ii) will endeavor
to remain other than a disqualified organization for so long as it retains its ownership
interest in the Class R Certificates, and (iii) is acquiring the Class R Certificates for
its own account or for the account of another Owner from which it has received an affidavit
and agreement in substantially the same form as this affidavit and agreement. (For this
purpose, a "disqualified organization" means an electing large partnership under Section 775
of the Code, the United States, any state or political subdivision thereof, any agency or
instrumentality of any of the foregoing (other than an instrumentality all of the activities
of which are subject to tax and, except for the Federal Home Loan Mortgage Corporation, a
majority of whose board of directors is not selected by any such governmental entity) or any
foreign government, international organization or any agency or instrumentality of such
foreign government or organization, any rural electric or telephone cooperative, or any
organization (other than certain farmers' cooperatives) that is generally exempt from
federal income tax unless such organization is subject to the tax on unrelated business
taxable income).
3. That the Owner is aware (i) of the tax that would be imposed on transfers of Class R
Certificates to disqualified organizations or electing large partnerships, under the Code,
that applies to all transfers of Class R Certificates after March 31, 1988; (ii) that such
tax would be on the transferor (or, with respect to transfers to electing large
partnerships, on each such partnership), or, if such transfer is through an agent (which
person includes a broker, nominee or middleman) for a disqualified organization, on the
agent; (iii) that the person (other than with respect to transfers to electing large
partnerships) otherwise liable for the tax shall be relieved of liability for the tax if the
transferee furnishes to such person an affidavit that the transferee is not a disqualified
organization and, at the time of transfer, such person does not have actual knowledge that
the affidavit is false; and (iv) that the Class R Certificates may be "noneconomic residual
interests" within the meaning of Treasury regulations promulgated pursuant to the Code and
that the transferor of a noneconomic residual interest will remain liable for any taxes due
with respect to the income on such residual interest, unless no significant purpose of the
transfer was to impede the assessment or collection of tax.
4. That the Owner is aware of the tax imposed on a "pass-through entity" holding Class R
Certificates if either the pass-through entity is an electing large partnership under
Section 775 of the Code or if at any time during the taxable year of the pass-through entity
a disqualified organization is the record holder of an interest in such entity. (For this
purpose, a "pass through entity" includes a regulated investment company, a real estate
investment trust or common trust fund, a partnership, trust or estate, and certain
cooperatives.)
5. The Owner is either (i) a citizen or resident of the United States, (ii) a
corporation, partnership or other entity treated as a corporation or a partnership for U.S.
federal income tax purposes and created or organized in or under the laws of the United
States, any state thereof or the District of Columbia (other than a partnership that is not
treated as a United States person under any applicable Treasury regulations), (iii) an
estate that is described in Section 7701(a)(30)(D) of the Code, or (iv) a trust that is
described in Section 7701(a)(30)(E) of the Code.
6. The Owner hereby agrees that it will not cause income from the Class R Certificates
to be attributable to a foreign permanent establishment or fixed base (within the meaning of
an applicable income tax treaty) of the Owner or another United States taxpayer.
7. That the Owner is aware that the Trustee will not register the transfer of any Class
R Certificates unless the transferee, or the transferee's agent, delivers to it an affidavit
and agreement, among other things, in substantially the same form as this affidavit and
agreement. The Owner expressly agrees that it will not consummate any such transfer if it
knows or believes that any of the representations contained in such affidavit and agreement
are false.
8. That the Owner has reviewed the restrictions set forth on the face of the Class R
Certificates and the provisions of Section 5.02(f) of the Pooling and Servicing Agreement
under which the Class R Certificates were issued (in particular, clause (iii)(A) and
(iii)(B) of Section 5.02(f) which authorize the Trustee to deliver payments to a person
other than the Owner and negotiate a mandatory sale by the Trustee in the event the Owner
holds such Certificates in violation of Section 5.02(f)). The Owner expressly agrees to be
bound by and to comply with such restrictions and provisions.
9. That the Owner consents to any additional restrictions or arrangements that shall be
deemed necessary upon advice of counsel to constitute a reasonable arrangement to ensure
that the Class R Certificates will only be owned, directly or indirectly, by an Owner that
is not a disqualified organization.
10. The Owner's Taxpayer Identification Number is .
11. This affidavit and agreement relates only to the Class R Certificates held by the
Owner and not to any other holder of the Class R Certificates. The Owner understands that
the liabilities described herein relate only to the Class R Certificates.
12. That no purpose of the Owner relating to the transfer of any of the Class R
Certificates by the Owner is or will be to impede the assessment or collection of any tax;
in making this representation, the Owner warrants that the Owner is familiar with (i)
Treasury Regulation Section 1.860E-1(c) and recent amendments thereto, effective as of July
19, 2002, and (ii) the preamble describing the adoption of the amendments to such
regulation, which is attached hereto as Exhibit 1.
13. That the Owner has no present knowledge or expectation that it will be unable to pay
any United States taxes owed by it so long as any of the Certificates remain outstanding.
In this regard, the Owner hereby represents to and for the benefit of the person from whom
it acquired the Class R Certificate that the Owner intends to pay taxes associated with
holding such Class R Certificate as they become due, fully understanding that it may incur
tax liabilities in excess of any cash flows generated by the Class R Certificate.
14. That the Owner has no present knowledge or expectation that it will become insolvent
or subject to a bankruptcy proceeding for so long as any of the Class R Certificates remain
outstanding.
15. The Purchaser is not an employee benefit plan or other plan subject to the prohibited
transaction provisions of the Employee Retirement Income Security Act of 1974, as amended
("ERISA"), or Section 4975 of the Code, or an investment manager, named fiduciary or a
trustee of any such plan, or any other Person acting, directly or indirectly, on behalf of
or purchasing any Certificate with "plan assets" of any such plan.
IN WITNESS WHEREOF, the Owner has caused this instrument to be executed on its
behalf, pursuant to the authority of its Board of Directors, by its [Title of Officer] and
its corporate seal to be hereunto attached, attested by its [Assistant] Secretary, this
___________ day of _______________, 200___.
[NAME OF OWNER]
By: ____________________________
[Name of Officer]
[Title of Officer]
[Corporate Seal]
ATTEST:
[Assistant] Secretary
Personally appeared before me the above-named [Name of Officer], known or
proved to me to be the same person who executed the foregoing instrument and to be the
[Title of Officer] of the Owner, and acknowledged to me that he executed the same as his
free act and deed and the free act and deed of the Owner.
Subscribed and sworn before me this ___________ day of
__________, 200_______.
NOTARY PUBLIC
COUNTY OF _______________________
STATE OF ________________________
My Commission expires the _______
day of ________, 20_____.
EXHIBIT 1
DEPARTMENT OF THE TREASURY
Internal Revenue Service
26 CFR Parts 1 and 602
[TD 9004]
RIN 1545-AW98
Real Estate Mortgage Investment Conduits
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Final regulations.
-----------------------------------------------------------------------
SUMMARY: This document contains final regulations relating to safe
harbor transfers of noneconomic residual interests in real estate
mortgage investment conduits (REMICs). The final regulations provide
additional limitations on the circumstances under which transferors may
claim safe harbor treatment.
DATES: Effective Date: These regulations are effective July 19, 2002.
Applicability Date: For dates of applicability, see Sec. 1.860E-
(1)(c)(10).
FOR FURTHER INFORMATION CONTACT: Xxxxxxxx Xxxxxxxxxx at (000) 000-0000
(not a toll-free number).
SUPPLEMENTARY INFORMATION:
Paperwork Reduction Act
The collection of information in this final rule has been reviewed
and, pending receipt and evaluation of public comments, approved by the
Office of Management and Budget (OMB) under 44 U.S.C. 3507 and assigned
control number 1545-1675.
The collection of information in this regulation is in Sec. 1.860E-
1(c)(5)(ii). This information is required to enable the IRS to verify
that a taxpayer is complying with the conditions of this regulation.
The collection of information is mandatory and is required. Otherwise,
the taxpayer will not receive the benefit of safe harbor treatment as
provided in the regulation. The likely respondents are businesses and
other for-profit institutions.
Comments on the collection of information should be sent to the
Office of Management and Budget, Attn: Desk Officer for the Department
of the Treasury, Office of Information and Regulatory Affairs,
Xxxxxxxxxx, XX, 00000, with copies to the Internal Revenue Service,
Attn: IRS Reports Clearance Officer, W:CAR:MP:FP:S, Xxxxxxxxxx, XX
00000. Comments on the collection of information should be received by
September 17, 2002. Comments are specifically requested concerning:
Whether the collection of information is necessary for the proper
performance of the functions of the Internal Revenue Service, including
whether the information will have practical utility;
The accuracy of the estimated burden associated with the collection
of information (see below);
How the quality, utility, and clarity of the information to be
collected may be enhanced;
How the burden of complying with the collection of information may
be minimized, including through the application of automated collection
techniques or other forms of information technology; and
Estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of service to provide information.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a valid
control number assigned by the Office of Management and Budget.
The estimated total annual reporting burden is 470 hours, based on
an estimated number of respondents of 470 and an estimated average
annual burden hours per respondent of one hour.
Books or records relating to a collection of information must be
retained as long as their contents may become material in the
administration of any internal revenue law. Generally, tax returns and
tax return information are confidential, as required by 26 U.S.C. 6103.
Background
This document contains final regulations regarding the proposed
amendments to 26 CFR part 1 under section 860E of the Internal Revenue
Code (Code). The regulations provide the circumstances under which a
transferor of a noneconomic REMIC residual interest meeting the
investigation and representation requirements may avail itself of the
safe harbor by satisfying either the formula test or the asset test.
Final regulations governing REMICs, issued in 1992, contain rules
governing the transfer of noneconomic REMIC residual interests. In
general, a transfer of a noneconomic residual interest is disregarded
for all tax purposes if a significant purpose of the transfer is to
[[Page 47452]]
enable the transferor to impede the assessment or collection of tax. A
purpose to impede the assessment or collection of tax (a wrongful
purpose) exists if the transferor, at the time of the transfer, either
knew or should have known that the transferee would be unwilling or
unable to pay taxes due on its share of the REMIC's taxable income.
Under a safe harbor, the transferor of a REMIC noneconomic residual
interest is presumed not to have a wrongful purpose if two requirements
are satisfied: (1) the transferor conducts a reasonable investigation
of the transferee's financial condition (the investigation
requirement); and (2) the transferor secures a representation from the
transferee to the effect that the transferee understands the tax
obligations associated with holding a residual interest and intends to
pay those taxes (the representation requirement).
The IRS and Treasury have been concerned that some transferors of
noneconomic residual interests claim they satisfy the safe harbor even
in situations where the economics of the transfer clearly indicate the
transferee is unwilling or unable to pay the tax associated with
holding the interest. For this reason, on February 7, 2000, the IRS
published in the Federal Register (65 FR 5807) a notice of proposed
rulemaking (REG-100276-97; REG-122450-98) designed to clarify the safe
harbor by adding the "formula test," an economic test. The proposed
regulation provides that the safe harbor is unavailable unless the
present value of the anticipated tax liabilities associated with
holding the residual interest does not exceed the sum of: (1) The
present value of any consideration given to the transferee to acquire
the interest; (2) the present value of the expected future
distributions on the interest; and (3) the present value of the
anticipated tax savings associated with holding the interest as the
REMIC generates losses.
The notice of proposed rulemaking also contained rules for FASITs.
Section 1.860H-6(g) of the proposed regulations provides requirements
for transfers of FASIT ownership interests and adopts a safe harbor by
reference to the safe harbor provisions of the REMIC regulations.
In January 2001, the IRS published Rev. Proc. 2001-12 (2001-3
I.R.B. 335) to set forth an alternative safe harbor that taxpayers
could use while the IRS and the Treasury considered comments on the
proposed regulations. Under the alternative safe harbor, if a
transferor meets the investigation requirement and the representation
requirement but the transfer fails to meet the formula test, the
transferor may invoke the safe harbor if the transferee meets a two-
prong test (the asset test). A transferee generally meets the first
prong of this test if, at the time of the transfer, and in each of the
two years preceding the year of transfer, the transferee's gross assets
exceed $100 million and its net assets exceed $10 million. A transferee
generally meets the second prong of this test if it is a domestic,
taxable corporation and agrees in writing not to transfer the interest
to any person other than another domestic, taxable corporation that
also satisfies the requirements of the asset test. A transferor cannot
rely on the asset test if the transferor knows, or has reason to know,
that the transferee will not comply with its written agreement to limit
the restrictions on subsequent transfers of the residual interest.
Rev. Proc. 2001-12 provides that the asset test fails to be
satisfied in the case of a transfer or assignment of a noneconomic
residual interest to a foreign branch of an otherwise eligible
transferee. If such a transfer or assignment were permitted, a
corporate taxpayer might seek to claim that the provisions of an
applicable income tax treaty would resource excess inclusion income as
foreign source income, and that, as a consequence, any U.S. tax
liability attributable to the excess inclusion income could be offset
by foreign tax credits. Such a claim would impede the assessment or
collection of U.S. tax on excess inclusion income, contrary to the
congressional purpose of assuring that such income will be taxable in
all events. See, e.g., sections 860E(a)(1), (b), (e) and 860G(b) of the
Code.
The Treasury and the IRS have learned that certain taxpayers
transferring noneconomic residual interests to foreign branches have
attempted to rely on the formula test to obtain safe harbor treatment
in an effort to impede the assessment or collection of U.S. tax on
excess inclusion income. Accordingly, the final regulations provide
that if a noneconomic residual interest is transferred to a foreign
permanent establishment or fixed base of a U.S. taxpayer, the transfer
is not eligible for safe harbor treatment under either the asset test
or the formula test. The final regulations also require a transferee to
represent that it will not cause income from the noneconomic residual
interest to be attributable to a foreign permanent establishment or
fixed base.
Section 1.860E-1(c)(8) provides computational rules that a taxpayer
may use to qualify for safe harbor status under the formula test.
Section 1.860E-1(c)(8)(i) provides that the transferee is presumed to
pay tax at a rate equal to the highest rate of tax specified in section
11(b). Some commentators were concerned that this presumed rate of
taxation was too high because it does not take into consideration
taxpayers subject to the alternative minimum tax rate. In light of the
comments received, this provision has been amended in the final
regulations to allow certain transferees that compute their taxable
income using the alternative minimum tax rate to use the alternative
minimum tax rate applicable to corporations.
Additionally, Sec. 1.860E-1(c)(8)(iii) provides that the present
values in the formula test are to be computed using a discount rate
equal to the applicable Federal short-term rate prescribed by section
1274(d). This is a change from the proposed regulation and Rev. Proc.
2001-12. In those publications the provision stated that "present
values are computed using a discount rate equal to the applicable
Federal rate prescribed in section 1274(d) compounded semiannually"
and that "[a] lower discount rate may be used if the transferee can
demonstrate that it regularly borrows, in the course of its trade or
business, substantial funds at such lower rate from an unrelated third
party." The IRS and the Treasury Department have learned that, based
on this provision, certain taxpayers have been attempting to use
unrealistically low or zero interest rates to satisfy the formula test,
frustrating the intent of the test. Furthermore, the Treasury
Department and the IRS believe that a rule allowing for a rate other
than a rate based on an objective index would add unnecessary
complexity to the safe harbor. As a result, the rule in the proposed
regulations that permits a transferee to use a lower discount rate, if
the transferee can demonstrate that it regularly borrows substantial
funds at such lower rate, is not included in the final regulations; and
the Federal short-term rate has been substituted for the applicable
Federal rate. To simplify taxpayers' computations, the final
regulations allow use of any of the published short-term rates,
provided that the present values are computed with a corresponding
period of compounding. With the exception of the provisions relating to
transfers to foreign branches, these changes generally have the
proposed applicability date of February 4, 2000, but taxpayers may
choose to apply the interest rate formula set forth in the proposed
regulation and Rev. Proc. 2001-12 for transfers occurring before August
19, 2002.
It is anticipated that when final regulations are adopted with
respect to
[[Page 47453]]
FASITs, Sec. 1.860H-6(g) of the proposed regulations will be adopted in
substantially its present form, with the result that the final
regulations contained in this document will also govern transfers of
FASIT ownership interests with substantially the same applicability
date as is contained in this document.
Effect on Other Documents
Rev. Proc. 2001-12 (2001-3 I.R.B. 335) is obsolete for transfers of
noneconomic residual interests in REMICs occurring on or after August
19, 2002.
Special Analyses
It is hereby certified that these regulations will not have a
significant economic impact on a substantial number of small entities.
This certification is based on the fact that it is unlikely that a
substantial number of small entities will hold REMIC residual
interests. Therefore, a Regulatory Flexibility Analysis under the
Regulatory Flexibility Act (5 U.S.C. chapter 6) is not required. It has
been determined that this Treasury decision is not a significant
regulatory action as defined in Executive Order 12866. Therefore, a
regulatory assessment is not required. It also has been determined that
sections 553(b) and 553(d) of the Administrative Procedure Act (5
U.S.C. chapter 5) do not apply to these regulations.
Drafting Information
The principal author of these regulations is Xxxxxxxx Xxxxxxxxxx.
However, other personnel from the IRS and Treasury Department
participated in their development.
List of Subjects
26 CFR Part 1
Income taxes, Reporting and record keeping requirements.
26 CFR Part 602
Reporting and record keeping requirements.
Adoption of Amendments to the Regulations
Accordingly, 26 CFR parts 1 and 602 are amended as follows:
PART 1--INCOME TAXES
Paragraph 1. The authority citation for part 1 continues to read in
part as follows:
Authority: 26 U.S.C. 7805 * * *
EXHIBIT G-2
FORM OF TRANSFEROR CERTIFICATE
_________ , 20
Residential Accredit Loans, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, Xxxxxxxxx 00000
__________________
__________________
__________________
Attention: Residential Funding Corporation Series ____-___
Re: Mortgage Asset-Backed Pass-Through Certificates,
Series ____-___, Class R
Ladies and Gentlemen:
This letter is delivered to you in connection with the transfer by
__________________________________________________________________ (the "Seller") to
_____________________________________________________________________(the "Purchaser") of
$_________________________ Initial Certificate Principal Balance of Mortgage Asset-Backed
Pass-Through Certificates, Series ____-___, Class R (the "Certificates"), pursuant to
Section 5.02 of the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"),
dated as of ___________ 1, ____ among Residential Accredit Loans, Inc., as seller (the
"Company"), Residential Funding Corporation, as master servicer (the "Master Servicer"), and
__________________, as trustee (the "Trustee"). All terms used herein and not otherwise
defined shall have the meanings set forth in the Pooling and Servicing Agreement. The
Seller hereby certifies, represents and warrants to, and covenants with, the Company and the
Trustee that:
1. No purpose of the Seller relating to the transfer of the Certificate by the Seller to
the Purchaser is or will be to impede the assessment or collection of any tax.
2. The Seller understands that the Purchaser has delivered to the Trustee and the Master
Servicer a transfer affidavit and agreement in the form attached to the Pooling and
Servicing Agreement as Exhibit G-1. The Seller does not know or believe that any
representation contained therein is false.
3. The Seller has at the time of the transfer conducted a reasonable investigation of
the financial condition of the Purchaser as contemplated by Treasury Regulations Section
1.860E-1(c)(4)(i) and, as a result of that investigation, the Seller has determined that the
Purchaser has historically paid its debts as they become due and has found no significant
evidence to indicate that the Purchaser will not continue to pay its debts as they become
due in the future. The Seller understands that the transfer of a Class R Certificate may
not be respected for United States income tax purposes (and the Seller may continue to be
liable for United States income taxes associated therewith) unless the Seller has conducted
such an investigation.
4. The Seller has no actual knowledge that the proposed Transferee is not both a United
States Person and a Permitted Transferee.
Very truly yours,
(Seller)
By:
Name:
Title:
EXHIBIT H
FORM OF INVESTOR REPRESENTATION LETTER
_______________, 20
Residential Accredit Loans, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
__________________
__________________
__________________
Residential Funding Corporation
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
Attention: Residential Funding Corporation Series ____-___
RE: Mortgage Asset-Backed Pass-Through Certificates,
Series ____-___, [Class B-]
Ladies and Gentlemen:
_____________________________________________ (the "Purchaser") intends
to purchase from ___________________________________________________________ (the "Seller")
$ _________________________ Initial Certificate Principal Balance of Mortgage Asset-Backed
Pass-Through Certificates, Series ____-___, Class (the "Certificates"), issued pursuant
to the Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of
___________ 1, ____ among Residential Accredit Loans, Inc., as seller (the "Company"),
Residential Funding Corporation, as master servicer (the "Master Servicer"), and
__________________, as trustee (the "Trustee"). All terms used herein and not otherwise
defined shall have the meanings set forth in the Pooling and Servicing Agreement. The
Purchaser hereby certifies, represents and warrants to, and covenants with, the Company, the
Trustee and the Master Servicer that:
1. The Purchaser understands that (a) the Certificates have not been and will not be
registered or qualified under the Securities Act of 1933, as amended (the
"Act") or any state securities law, (b) the Company is not required to so
register or qualify the Certificates, (c) the Certificates may be resold only
if registered and qualified pursuant to the provisions of the Act or any state
securities law, or if an exemption from such registration and qualification is
available, (d) the Pooling and Servicing Agreement contains restrictions
regarding the transfer of the Certificates and (e) the Certificates will bear
a legend to the foregoing effect.
2. The Purchaser is acquiring the Certificates for its own account for investment only
and not with a view to or for sale in connection with any distribution thereof
in any manner that would violate the Act or any applicable state securities
laws.
3. The Purchaser is (a) a substantial, sophisticated institutional investor having such
knowledge and experience in financial and business matters, and, in
particular, in such matters related to securities similar to the Certificates,
such that it is capable of evaluating the merits and risks of investment in
the Certificates, (b) able to bear the economic risks of such an investment
and (c) an "accredited investor" within the meaning of Rule 501(a) promulgated
pursuant to the Act.
4. The Purchaser has been furnished with, and has had an opportunity to review (a) [a
copy of the Private Placement Memorandum, dated
, 20 , relating to the Certificates
(b)] a copy of the Pooling and Servicing Agreement and [b] [c] such other
information concerning the Certificates, the Mortgage Loans and the Company as
has been requested by the Purchaser from the Company or the Seller and is
relevant to the Purchaser's decision to purchase the Certificates. The
Purchaser has had any questions arising from such review answered by the
Company or the Seller to the satisfaction of the Purchaser. [If the Purchaser
did not purchase the Certificates from the Seller in connection with the
initial distribution of the Certificates and was provided with a copy of the
Private Placement Memorandum (the "Memorandum") relating to the original sale
(the "Original Sale") of the Certificates by the Company, the Purchaser
acknowledges that such Memorandum was provided to it by the Seller, that the
Memorandum was prepared by the Company solely for use in connection with the
Original Sale and the Company did not participate in or facilitate in any way
the purchase of the Certificates by the Purchaser from the Seller, and the
Purchaser agrees that it will look solely to the Seller and not to the Company
with respect to any damage, liability, claim or expense arising out of,
resulting from or in connection with (a) error or omission, or alleged error
or omission, contained in the Memorandum, or (b) any information, development
or event arising after the date of the Memorandum.]
5. The Purchaser has not and will not nor has it authorized or will it authorize any
person to (a) offer, pledge, sell, dispose of or otherwise transfer any
Certificate, any interest in any Certificate or any other similar security to
any person in any manner, (b) solicit any offer to buy or to accept a pledge,
disposition of other transfer of any Certificate, any interest in any
Certificate or any other similar security from any person in any manner, (c)
otherwise approach or negotiate with respect to any Certificate, any interest
in any Certificate or any other similar security with any person in any
manner, (d) make any general solicitation by means of general advertising or
in any other manner or (e) take any other action, that (as to any of (a)
through (e) above) would constitute a distribution of any Certificate under
the Act, that would render the disposition of any Certificate a violation of
Section 5 of the Act or any state securities law, or that would require
registration or qualification pursuant thereto. The Purchaser will not sell
or otherwise transfer any of the Certificates, except in compliance with the
provisions of the Pooling and Servicing Agreement.
6. The Purchaser
(a) is not an employee benefit or other plan subject to the prohibited transaction
provisions of the Employee Retirement Income Security Act of 1974, as amended
("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (a
"Plan"), or any other person (including an investment manager, a named
fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf
of or purchasing any Certificate with "plan assets" of any Plan within the
meaning of the Department of Labor ("DOL") regulation at 29 C.F.R.
ss.2510.3-101; or
(b) is an insurance company, the source of funds to be used by it to purchase the
Certificates is an "insurance company general account" (within the meaning of
DOL Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase
is being made in reliance upon the availability of the exemptive relief
afforded under Sections I and III of PTCE 95-60.
In addition, the Purchaser hereby certifies, represents and warrants to, and
covenants with, the Company, the Trustee and the Master Servicer that the Purchaser will not
transfer such Certificates to any Plan or person unless such Plan or person meets the
requirements set forth in either 6(a) or (b) above.
Very truly yours,
By:
Name:
Title:
EXHIBIT I
FORM OF TRANSFEROR REPRESENTATION LETTER
________, 20
Residential Accredit Loans, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, XX 00000
__________________
__________________
__________________
Attention: Residential Funding Corporation Series ____-___
Re: Mortgage Asset-Backed Pass-Through Certificates,
Series ____-___, [Class B-]
Ladies and Gentlemen:
In connection with the sale by _______________________________(the "Seller") to
____________(the "Purchaser") of $ _________________ Initial Certificate Principal Balance of
Mortgage Asset-Backed Pass-Through Certificates, Series ____-___, Class (the
"Certificates"), issued pursuant to the Pooling and Servicing Agreement (the "Pooling and
Servicing Agreement"), dated as of ___________ 1, ____ among Residential Accredit Loans,
Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and
__________________, as trustee (the "Trustee"). The Seller hereby certifies, represents and
warrants to, and covenants with, the Company and the Trustee that:
Neither the Seller nor anyone acting on its behalf has (a) offered, pledged,
sold, disposed of or otherwise transferred any Certificate, any interest in any Certificate
or any other similar security to any person in any manner, (b) has solicited any offer to
buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in
any Certificate or any other similar security from any person in any manner, (c) has
otherwise approached or negotiated with respect to any Certificate, any interest in any
Certificate or any other similar security with any person in any manner, (d) has made any
general solicitation by means of general advertising or in any other manner, or (e) has
taken any other action, that (as to any of (a) through (e) above) would constitute a
distribution of the Certificates under the Securities Act of 1933 (the "Act"), that would
render the disposition of any Certificate a violation of Section 5 of the Act or any state
securities law, or that would require registration or qualification pursuant thereto. The
Seller will not act, in any manner set forth in the foregoing sentence with respect to any
Certificate. The Seller has not and will not sell or otherwise transfer any of the
Certificates, except in compliance with the provisions of the Pooling and Servicing
Agreement.
Very truly yours,
(Seller)
By:
Name:
Title:
EXHIBIT J
[FORM OF RULE 144A INVESTMENT REPRESENTATION]
Description of Rule 144A Securities, including numbers:
The undersigned seller, as registered holder (the "Seller"), intends to
transfer the Rule 144A Securities described above to the undersigned buyer (the "Buyer").
1. In connection with such transfer and in accordance with the agreements pursuant to
which the Rule 144A Securities were issued, the Seller hereby certifies the following
facts: Neither the Seller nor anyone acting on its behalf has offered, transferred,
pledged, sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule
144A Securities or any other similar security to, or solicited any offer to buy or accept a
transfer, pledge or other disposition of the Rule 144A Securities, any interest in the Rule
144A Securities or any other similar security from, or otherwise approached or negotiated
with respect to the Rule 144A Securities, any interest in the Rule 144A Securities or any
other similar security with, any person in any manner, or made any general solicitation by
means of general advertising or in any other manner, or taken any other action, that would
constitute a distribution of the Rule 144A Securities under the Securities Act of 1933, as
amended (the "1933 Act"), or that would render the disposition of the Rule 144A Securities a
violation of Section 5 of the 1933 Act or require registration pursuant thereto, and that
the Seller has not offered the Rule 144A Securities to any person other than the Buyer or
another "qualified institutional buyer" as defined in Rule 144A under the 0000 Xxx.
2. The Buyer warrants and represents to, and covenants with, the Seller, the Trustee and
the Master Servicer (as defined in the Pooling and Servicing Agreement (the "Agreement"),
dated as of ___________ 1, ____ among Residential Funding Corporation as Master Servicer,
Residential Accredit Loans, Inc. as depositor pursuant to Section 5.02 of the Agreement and
__________________, as trustee, as follows:
(a) The Buyer understands that the Rule 144A Securities have not been registered under
the 1933 Act or the securities laws of any state.
(b) The Buyer considers itself a substantial, sophisticated institutional investor having
such knowledge and experience in financial and business matters that it is capable of
evaluating the merits and risks of investment in the Rule 144A Securities.
(c) The Buyer has been furnished with all information regarding the Rule 144A Securities
that it has requested from the Seller, the Trustee or the Servicer.
(d) Neither the Buyer nor anyone acting on its behalf has offered, transferred, pledged,
sold or otherwise disposed of the Rule 144A Securities, any interest in the Rule 144A
Securities or any other similar security to, or solicited any offer to buy or accept
a transfer, pledge or other disposition of the Rule 144A Securities, any interest in
the Rule 144A Securities or any other similar security from, or otherwise approached
or negotiated with respect to the Rule 144A Securities, any interest in the Rule 144A
Securities or any other similar security with, any person in any manner, or made any
general solicitation by means of general advertising or in any other manner, or taken
any other action, that would constitute a distribution of the Rule 144A Securities
under the 1933 Act or that would render the disposition of the Rule 144A Securities a
violation of Section 5 of the 1933 Act or require registration pursuant thereto, nor
will it act, nor has it authorized or will it authorize any person to act, in such
manner with respect to the Rule 144A Securities.
(e) The Buyer is a "qualified institutional buyer" as that term is defined in Rule 144A
under the 1933 Act and has completed either of the forms of certification to that
effect attached hereto as Annex 1 or Annex 2. The Buyer is aware that the sale to it
is being made in reliance on Rule 144A. The Buyer is acquiring the Rule 144A
Securities for its own account or the accounts of other qualified institutional
buyers, understands that such Rule 144A Securities may be resold, pledged or
transferred only (i) to a person reasonably believed to be a qualified institutional
buyer that purchases for its own account or for the account of a qualified
institutional buyer to whom notice is given that the resale, pledge or transfer is
being made in reliance on Rule 144A, or (ii) pursuant to another exemption from
registration under the 1933 Act.
[3. The Buyer
(a) is not an employee benefit or other plan subject to the prohibited transaction
provisions of the Employee Retirement Income Security Act of 1974, as amended
("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (a
"Plan"), or any other person (including an investment manager, a named fiduciary or a
trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any
Certificate with "plan assets" of any Plan within the meaning of the Department of
Labor ("DOL") regulation at 29 C.F.R.ss.2510.3-101; or
(b) is an insurance company, the source of funds to be used by it to purchase the
Certificates is an "insurance company general account" (within the meaning of DOL
Prohibited Transaction Class Exemption ("PTCE") 95-60), and the purchase is being
made in reliance upon the availability of the exemptive relief afforded under
Sections I and III of PTCE 95-60.]
4. This document may be executed in one or more counterparts and by the
different parties hereto on separate counterparts, each of which, when so executed,
shall be deemed to be an original; such counterparts, together, shall constitute one
and the same document.
IN WITNESS WHEREOF, each of the parties has executed this document as of the
date set forth below.
Print Name of Seller Print Name of Buyer
By: By:
Name: Name:
Title: Title:
Taxpayer Identification Taxpayer Identification:
No. No:
Date: Date:
ANNEX 1 TO EXHIBIT J
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers Other Than Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule 144A
Investment Representation to which this Certification is attached:
1. As indicated below, the undersigned is the President, Chief Financial Officer, Senior
Vice President or other executive officer of the Buyer.
2. In connection with purchases by the Buyer, the Buyer is a "qualified institutional
buyer" as that term is defined in Rule 144A under the Securities Act of 1933 ("Rule 144A")
because (i) the Buyer owned and/or invested on a discretionary basis
$ in securities (except for the excluded
securities referred to below) as of the end of the Buyer's most recent fiscal year (such
amount being calculated in accordance with Rule 144A) and (ii) the Buyer satisfies the
criteria in the category marked below.
-- Corporation, etc. The Buyer is a corporation (other than a bank, savings and loan
association or similar institution), Massachusetts or similar business trust,
partnership, or charitable organization described in Section 501(c)(3) of the
Internal Revenue Code.
-- Bank. The Buyer (a) is a national bank or banking institution organized under the
laws of any State, territory or the District of Columbia, the business of
which is substantially confined to banking and is supervised by the State or
territorial banking commission or similar official or is a foreign bank or
equivalent institution, and (b) has an audited net worth of at least
$25,000,000 as demonstrated in its latest annual financial statements, a copy
of which is attached hereto.
-- Savings and Loan. The Buyer (a) is a savings and loan association, building and loan
association, cooperative bank, homestead association or similar institution,
which is supervised and examined by a State or Federal authority having
supervision over any such institutions or is a foreign savings and loan
association or equivalent institution and (b) has an audited net worth of at
least $25,000,000 as demonstrated in its latest annual financial statements.
-- Broker-Dealer. The Buyer is a dealer registered pursuant to Section 15 of the
Securities Exchange Act of 1934.
-- Insurance Company. The Buyer is an insurance company whose primary and predominant
business activity is the writing of insurance or the reinsuring of risks
underwritten by insurance companies and which is subject to supervision by the
insurance commissioner or a similar official or agency of a State or territory
or the District of Columbia.
-- State or Local Plan. The Buyer is a plan established and maintained by a State, its
political subdivisions, or any agency or instrumentality of the State or its
political subdivisions, for the benefit of its employees.
-- ERISA Plan. The Buyer is an employee benefit plan within the meaning of Title I of
the Employee Retirement Income Security Act of 1974.
-- Investment Adviser. The Buyer is an investment adviser registered under the
Investment Advisers Act of 1940.
-- SBIC. The Buyer is a Small Business Investment Company licensed by the U.S. Small
Business Administration under Section 301(c) or (d) of the Small Business
Investment Act of 1958.
-- Business Development Company. The Buyer is a business development company as defined
in Section 202(a)(22) of the Investment Advisers Act of 1940.
-- Trust Fund. The Buyer is a trust fund whose trustee is a bank or trust company and
whose participants are exclusively (a) plans established and maintained by a
State, its political subdivisions, or any agency or instrumentality of the
State or its political subdivisions, for the benefit of its employees, or (b)
employee benefit plans within the meaning of Title I of the Employee
Retirement Income Security Act of 1974, but is not a trust fund that includes
as participants individual retirement accounts or H.R. 10 plans.
3. The term "securities" as used herein does not include (i) securities of issuers that
are affiliated with the Buyer, (ii) securities that are part of an unsold allotment to or
subscription by the Buyer, if the Buyer is a dealer, (iii) bank deposit notes and
certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi)
securities owned but subject to a repurchase agreement and (vii) currency, interest rate and
commodity swaps.
4. For purposes of determining the aggregate amount of securities owned and/or invested
on a discretionary basis by the Buyer, the Buyer used the cost of such securities to the
Buyer and did not include any of the securities referred to in the preceding paragraph.
Further, in determining such aggregate amount, the Buyer may have included securities owned
by subsidiaries of the Buyer, but only if such subsidiaries are consolidated with the
Buyer in its financial statements prepared in accordance with generally accepted accounting
principles and if the investments of such subsidiaries are managed under the Buyer's
direction. However, such securities were not included if the Buyer is a majority-owned,
consolidated subsidiary of another enterprise and the Buyer is not itself a reporting
company under the Securities Exchange Act of 1934.
5. The Buyer acknowledges that it is familiar with Rule 144A and understands that the
seller to it and other parties related to the Certificates are relying and will continue to
rely on the statements made herein because one or more sales to the Buyer may be in reliance
on Rule 144A.
Will the Buyer be purchasing the Rule 144A
Yes No Securities only for the Buyer's own account?
6. If the answer to the foregoing question is "no", the Buyer agrees that, in connection
with any purchase of securities sold to the Buyer for the account of a third party
(including any separate account) in reliance on Rule 144A, the Buyer will only purchase for
the account of a third party that at the time is a "qualified institutional buyer" within
the meaning of Rule 144A. In addition, the Buyer agrees that the Buyer will not purchase
securities for a third party unless the Buyer has obtained a current representation letter
from such third party or taken other appropriate steps contemplated by Rule 144A to conclude
that such third party independently meets the definition of "qualified institutional buyer"
set forth in Rule 144A.
7. The Buyer will notify each of the parties to which this certification is made of any
changes in the information and conclusions herein. Until such notice is given, the Buyer's
purchase of Rule 144A Securities will constitute a reaffirmation of this certification as of
the date of such purchase.
Print Name of Buyer
By:
Name:
Title:
Date:
ANNEX 2 TO EXHIBIT J
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
[For Buyers That Are Registered Investment Companies]
The undersigned hereby certifies as follows in connection with the Rule 144A
Investment Representation to which this Certification is attached:
8. As indicated below, the undersigned is the President, Chief Financial Officer or
Senior Vice President of the Buyer or, if the Buyer is a "qualified institutional buyer" as
that term is defined in Rule 144A under the Securities Act of 1933 ("Rule 144A") because
Buyer is part of a Family of Investment Companies (as defined below), is such an officer of
the Adviser.
9. In connection with purchases by Buyer, the Buyer is a "qualified institutional buyer"
as defined in SEC Rule 144A because (i) the Buyer is an investment company registered under
the Investment Company Act of 1940, and (ii) as marked below, the Buyer alone, or the
Buyer's Family of Investment Companies, owned at least $100,000,000 in securities (other than
the excluded securities referred to below) as of the end of the Buyer's most recent fiscal
year. For purposes of determining the amount of securities owned by the Buyer or the
Buyer's Family of Investment Companies, the cost of such securities was used.
-- The Buyer owned $ in securities (other than the
excluded securities referred to below) as of the end of the Buyer's most
recent fiscal year (such amount being calculated in accordance with Rule 144A).
-- The Buyer is part of a Family of Investment Companies which owned in the aggregate
$ in securities (other than the excluded
securities referred to below) as of the end of the Buyer's most recent fiscal
year (such amount being calculated in accordance with Rule 144A).
10. The term "Family of Investment Companies" as used herein means two or more registered
investment companies (or series thereof) that have the same investment adviser or investment
advisers that are affiliated (by virtue of being majority owned subsidiaries of the same
parent or because one investment adviser is a majority owned subsidiary of the other).
11. The term "securities" as used herein does not include (i) securities of issuers that
are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies,
(ii) bank deposit notes and certificates of deposit, (iii) loan participations, (iv)
repurchase agreements, (v) securities owned but subject to a repurchase agreement and (vi)
currency, interest rate and commodity swaps.
12. The Buyer is familiar with Rule 144A and understands that each of the parties to
which this certification is made are relying and will continue to rely on the statements
made herein because one or more sales to the Buyer will be in reliance on Rule 144A. In
addition, the Buyer will only purchase for the Buyer's own account.
13. The undersigned will notify each of the parties to which this certification is made
of any changes in the information and conclusions herein. Until such notice, the Buyer's
purchase of Rule 144A Securities will constitute a reaffirmation of this certification by
the undersigned as of the date of such purchase.
Print Name of Buyer
By:
Name:
Title:
IF AN ADVISER:
Print Name of Buyer
Date:
EXHIBIT K
[TEXT OF AMENDMENT TO POOLING AND SERVICING
AGREEMENT PURSUANT TO SECTION 11.01(E) FOR A
LIMITED GUARANTY]
ARTICLE XIII
Subordinate Certificate Loss Coverage; Limited Guaranty
Section 13.01. Subordinate Certificate Loss Coverage; Limited Guaranty. (a)
Subject to subsection (c) below, prior to the later of the third Business Day prior to each
Distribution Date or the related Determination Date, the Master Servicer shall determine
whether it or any Sub-Servicer will be entitled to any reimbursement pursuant to Section
4.02(a) on such Distribution Date for Advances or Sub-Servicer Advances previously made,
(which will not be Advances or Sub-Servicer Advances that were made with respect to
delinquencies which were subsequently determined to be Excess Special Hazard Losses, Excess
Fraud Losses, Excess Bankruptcy Losses or Extraordinary Losses) and, if so, the Master
Servicer shall demand payment from Residential Funding of an amount equal to the amount of
any Advances or Sub-Servicer Advances reimbursed pursuant to Section 4.02(a), to the extent
such Advances or Sub-Servicer Advances have not been included in the amount of the Realized
Loss in the related Mortgage Loan, and shall distribute the same to the Class B
Certificateholders in the same manner as if such amount were to be distributed pursuant to
Section 4.02(a).
(b) Subject to subsection (c) below, prior to the later of the third
Business Day prior to each Distribution Date or the related Determination Date, the Master
Servicer shall determine whether any Realized Losses (other than Excess Special Hazard
Losses, Excess Bankruptcy Losses, Excess Fraud Losses and Extraordinary Losses) will be
allocated to the Class B Certificates on such Distribution Date pursuant to Section 4.05,
and, if so, the Master Servicer shall demand payment from Residential Funding of the amount
of such Realized Loss and shall distribute the same to the Class B Certificateholders in the
same manner as if such amount were to be distributed pursuant to Section 4.02(a); provided,
however, that the amount of such demand in respect of any Distribution Date shall in no
event be greater than the sum of (i) the additional amount of Accrued Certificate Interest
that would have been paid for the Class B Certificateholders on such Distribution Date had
such Realized Loss or Losses not occurred plus (ii) the amount of the reduction in the
Certificate Principal Balances of the Class B Certificates on such Distribution Date due to
such Realized Loss or Losses. Notwithstanding such payment, such Realized Losses shall be
deemed to have been borne by the Certificateholders for purposes of Section 4.05. Excess
Special Hazard Losses, Excess Fraud Losses, Excess Bankruptcy Losses and Extraordinary
Losses allocated to the Class B Certificates will not be covered by the Subordinate
Certificate Loss Obligation.
(c) Demands for payments pursuant to this Section shall be made prior to
the later of the third Business Day prior to each Distribution Date or the related
Determination Date by the Master Servicer with written notice thereof to the Trustee. The
maximum amount that Residential Funding shall be required to pay pursuant to this Section on
any Distribution Date (the "Amount Available") shall be equal to the lesser of (X)
minus the sum of (i) all previous payments made under subsections (a) and (b)
hereof and (ii) all draws under the Limited Guaranty made in lieu of such payments as
described below in subsection (d) and (Y) the then outstanding Certificate Principal
Balances of the Class B Certificates, or such lower amount as may be established pursuant to
Section 13.02. Residential Funding's obligations as described in this Section are referred
to herein as the "Subordinate Certificate Loss Obligation."
(d) The Trustee will promptly notify General Motors Acceptance Corporation
of any failure of Residential Funding to make any payments hereunder and shall demand
payment pursuant to the limited guaranty (the "Limited Guaranty"), executed by General
Motors Acceptance Corporation, of Residential Funding's obligation to make payments pursuant
to this Section, in an amount equal to the lesser of (i) the Amount Available and (ii) such
required payments, by delivering to General Motors Acceptance Corporation a written demand
for payment by wire transfer, not later than the second Business Day prior to the
Distribution Date for such month, with a copy to the Master Servicer.
(e) All payments made by Residential Funding pursuant to this Section or
amounts paid under the Limited Guaranty shall be deposited directly in the Certificate
Account, for distribution on the Distribution Date for such month to the Class B
Certificateholders.
(f) The Company shall have the option, in its sole discretion, to
substitute for either or both of the Limited Guaranty or the Subordinate Certificate Loss
Obligation another instrument in the form of a corporate guaranty, an irrevocable letter of
credit, a surety bond, insurance policy or similar instrument or a reserve fund; provided
that (i) the Company obtains (subject to the provisions of Section 10.01(f) as if the
Company was substituted for the Master Servicer solely for the purposes of such provision)
an Opinion of Counsel (which need not be an opinion of Independent counsel) to the effect
that obtaining such substitute corporate guaranty, irrevocable letter of credit, surety
bond, insurance policy or similar instrument or reserve fund will not cause either (a) any
federal tax to be imposed on the Trust Fund, including without limitation, any federal tax
imposed on "prohibited transactions" under Section 860(F)(a)(1) of the Code or on
"contributions after the startup date" under Section 860(G)(d)(1) of the Code or (b) the
Trust Fund to fail to qualify as a REMIC at any time that any Certificate is outstanding,
and (ii) no such substitution shall be made unless (A) the substitute Limited Guaranty or
Subordinate Certificate Loss Obligation is for an initial amount not less than the then
current Amount Available and contains provisions that are in all material respects
equivalent to the original Limited Guaranty or Subordinate Certificate Loss Obligation
(including that no portion of the fees, reimbursements or other obligations under any such
instrument will be borne by the Trust Fund), (B) the long term debt obligations of any
obligor of any substitute Limited Guaranty or Subordinate Certificate Loss Obligation (if
not supported by the Limited Guaranty) shall be rated at least the lesser of (a) the rating
of the long term debt obligations of General Motors Acceptance Corporation as of the date of
issuance of the Limited Guaranty and (b) the rating of the long term debt obligations of
General Motors Acceptance Corporation at the date of such substitution and (C) the Company
obtains written confirmation from each nationally recognized credit rating agency that rated
the Class B Certificates at the request of the Company that such substitution shall not
lower the rating on the Class B Certificates below the lesser of (a) the then-current rating
assigned to the Class B Certificates by such rating agency and (b) the original rating
assigned to the Class B Certificates by such rating agency. Any replacement of the Limited
Guaranty or Subordinate Certificate Loss Obligation pursuant to this Section shall be
accompanied by a written Opinion of Counsel to the substitute guarantor or obligor,
addressed to the Master Servicer and the Trustee, that such substitute instrument
constitutes a legal, valid and binding obligation of the substitute guarantor or obligor,
enforceable in accordance with its terms, and concerning such other matters as the Master
Servicer and the Trustee shall reasonably request. Neither the Company, the Master Servicer
nor the Trustee shall be obligated to substitute for or replace the Limited Guaranty or
Subordinate Certificate Loss Obligation under any circumstance.
Section 13.02. Amendments Relating to the Limited Guaranty. Notwithstanding
Sections 11.01 or 13.01: (i) the provisions of this Article XIII may be amended, superseded
or deleted, (ii) the Limited Guaranty or Subordinate Certificate Loss Obligation may be
amended, reduced or canceled, and (iii) any other provision of this Agreement which is
related or incidental to the matters described in this Article XIII may be amended in any
manner; in each case by written instrument executed or consented to by the Company and
Residential Funding but without the consent of any Certificateholder and without the consent
of the Master Servicer or the Trustee being required unless any such amendment would impose
any additional obligation on, or otherwise adversely affect the interests of, the Master
Servicer or the Trustee, as applicable; provided that the Company shall also obtain a letter
from each nationally recognized credit rating agency that rated the Class B Certificates at
the request of the Company to the effect that such amendment, reduction, deletion or
cancellation will not lower the rating on the Class B Certificates below the lesser of (a)
the then-current rating assigned to the Class B Certificates by such rating agency and (b)
the original rating assigned to the Class B Certificates by such rating agency, unless (A)
the Holder of 100% of the Class B Certificates is Residential Funding or an Affiliate of
Residential Funding, or (B) such amendment, reduction, deletion or cancellation is made in
accordance with Section 11.01(e) and, provided further that the Company obtains (subject to
the provisions of Section 10.01(f) as if the Company was substituted for the Master Servicer
solely for the purposes of such provision), in the case of a material amendment or
supercession (but not a reduction, cancellation or deletion of the Limited Guaranty or the
Subordinate Certificate Loss Obligation), an Opinion of Counsel (which need not be an
opinion of Independent counsel) to the effect that any such amendment or supercession will
not cause either (a) any federal tax to be imposed on the Trust Fund, including without
limitation, any federal tax imposed on "prohibited transactions" under Section 860F(a)(1) of
the Code or on "contributions after the startup date" under Section 860G(d)(1) of the Code
or (b) the Trust Fund to fail to qualify as a REMIC at any time that any Certificate is
outstanding. A copy of any such instrument shall be provided to the Trustee and the Master
Servicer together with an Opinion of Counsel that such amendment complies with this Section
13.02.
EXHIBIT L
[FORM OF LIMITED GUARANTY]
LIMITED GUARANTY
RESIDENTIAL ACCREDIT LOANS, INC.
Mortgage Asset-Backed Pass-Through Certificates
Series ____-___
____________ , 200
__________________
__________________
__________________
Attention: Residential Funding Corporation Series ____-___
Ladies and Gentlemen:
WHEREAS, Residential Funding Corporation, a Delaware corporation ("Residential
Funding"), an indirect wholly-owned subsidiary of General Motors Acceptance Corporation, a
New York corporation ("GMAC"), plans to incur certain obligations as described under Section
13.01 of the Pooling and Servicing Agreement dated as of ___________ 1, ____ (the "Servicing
Agreement"), among Residential Accredit Loans, Inc. (the "Company"), Residential Funding and
__________________ (the "Trustee") as amended by Amendment No. thereto, dated as of
, with respect to the Mortgage Asset-Backed Pass-Through Certificates, Series
____-___ (the "Certificates"); and
WHEREAS, pursuant to Section 13.01 of the Servicing Agreement, Residential
Funding agrees to make payments to the Holders of the Class B Certificates with respect to
certain losses on the Mortgage Loans as described in the Servicing Agreement; and
WHEREAS, GMAC desires to provide certain assurances with respect to the
ability of Residential Funding to secure sufficient funds and faithfully to perform its
Subordinate Certificate Loss Obligation;
NOW THEREFORE, in consideration of the premises herein contained and certain
other good and valuable consideration, the receipt of which is hereby acknowledged, GMAC
agrees as follows:
1. Provision of Funds. (a) GMAC agrees to contribute and deposit in the Certificate
Account on behalf of Residential Funding (or otherwise provide to Residential Funding, or to
cause to be made available to Residential Funding), either directly or through a subsidiary,
in any case prior to the related Distribution Date, such moneys as may be required by
Residential Funding to perform its Subordinate Certificate Loss Obligation when and as the
same arises from time to time upon the demand of the Trustee in accordance with Section
13.01 of the Servicing Agreement.
(b) The agreement set forth in the preceding clause (a) shall be absolute,
irrevocable and unconditional and shall not be affected by the transfer by GMAC or any other
person of all or any part of its or their interest in Residential Funding, by any
insolvency, bankruptcy, dissolution or other proceeding affecting Residential Funding or any
other person, by any defense or right of counterclaim, set-off or recoupment that GMAC may
have against Residential Funding or any other person or by any other fact or circumstance.
Notwithstanding the foregoing, GMAC's obligations under clause (a) shall terminate upon the
earlier of (x) substitution for this Limited Guaranty pursuant to Section 13.01(f) of the
Servicing Agreement, or (y) the termination of the Trust Fund pursuant to the Servicing
Agreement.
2. Waiver. GMAC hereby waives any failure or delay on the part of Residential Funding,
the Trustee or any other person in asserting or enforcing any rights or in making any claims
or demands hereunder. Any defective or partial exercise of any such rights shall not
preclude any other or further exercise of that or any other such right. GMAC further waives
demand, presentment, notice of default, protest, notice of acceptance and any other notices
with respect to this Limited Guaranty, including, without limitation, those of action or
nonaction on the part of Residential Funding or the Trustee.
3. Modification, Amendment and Termination. This Limited Guaranty may be modified,
amended or terminated only by the written agreement of GMAC and the Trustee and only if such
modification, amendment or termination is permitted under Section 13.02 of the Servicing
Agreement. The obligations of GMAC under this Limited Guaranty shall continue and remain in
effect so long as the Servicing Agreement is not modified or amended in any way that might
affect the obligations of GMAC under this Limited Guaranty without the prior written consent
of GMAC.
4. Successor. Except as otherwise expressly provided herein, the guarantee herein set
forth shall be binding upon GMAC and its respective successors.
5. Governing Law. This Limited Guaranty shall be governed by the laws of the State of
New York.
6. Authorization and Reliance. GMAC understands that a copy of this Limited Guaranty
shall be delivered to the Trustee in connection with the execution of Amendment No. 1 to the
Servicing Agreement and GMAC hereby authorizes the Company and the Trustee to rely on the
covenants and agreements set forth herein.
7. Definitions. Capitalized terms used but not otherwise defined herein shall have the
meaning given them in the Servicing Agreement.
8. Counterparts. This Limited Guaranty may be executed in any number of counterparts,
each of which shall be deemed to be an original and such counterparts shall constitute but
one and the same instrument.
IN WITNESS WHEREOF, GMAC has caused this Limited Guaranty to be executed and
delivered by its respective officers thereunto duly authorized as of the day and year first
above written.
GENERAL MOTORS ACCEPTANCE
CORPORATION
By:
Name:
Title:
Acknowledged by:
__________________,
as Trustee
By:
Name:
Title:
RESIDENTIAL ACCREDIT LOANS, INC.
By:
Name:
Title:
EXHIBIT M
FORM OF LENDER CERTIFICATION FOR ASSIGNMENT OF MORTGAGE LOAN
________, 20
Residential Accredit Loans, Inc.
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000
Xxxxxxxxxxx, Xxxxxxxxx 00000
__________________
__________________
__________________
Attention: Residential Funding Corporation Series ____-___
Re: Mortgage Asset-Backed Pass-Through Certificates,
Series ____-___ Assignment of Mortgage Loan
Ladies and Gentlemen:
This letter is delivered to you in connection with the assignment by
__________________________________________________________________(the "Trustee") to
_____________________________________________________________________(the "Lender") of
_______________________________ (the "Mortgage Loan") pursuant to Section 3.13(d) of the
Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), dated as of
___________ 1, ____ among Residential Accredit Loans, Inc., as seller (the "Company"),
Residential Funding Corporation, as Master Servicer, and the Trustee. All terms used herein
and not otherwise defined shall have the meanings set forth in the Pooling and Servicing
Agreement. The Lender hereby certifies, represents and warrants to, and covenants with, the
Master Servicer and the Trustee that:
(i) the Mortgage Loan is secured by Mortgaged Property located in a jurisdiction in which
an assignment in lieu of satisfaction is required to preserve lien priority, minimize or
avoid mortgage recording taxes or otherwise comply with, or facilitate a refinancing under,
the laws of such jurisdiction;
(ii) the substance of the assignment is, and is intended to be, a refinancing of
such Mortgage Loan and the form of the transaction is solely to comply with, or facilitate
the transaction under, such local laws;
(iii) the Mortgage Loan following the proposed assignment will be modified to have a
rate of interest at least 0.25 percent below or above the rate of interest on such Mortgage
Loan prior to such proposed assignment; and
(iv) such assignment is at the request of the borrower under the related Mortgage
Loan.
Very truly yours,
(Lender)
By:
Name:
Title:
EXHIBIT N
FORM OF REQUEST FOR EXCHANGE
[DATE]
__________________
__________________
__________________
Re: Residential Accredit Loans, Inc.,
Mortgage Asset-Backed Pass-Through Certificates,
Series ____-___
Residential Funding Corporation, as the Holder of a % Percentage
Interest of the [Interest Only/Class A-V][-1] Certificates, hereby requests the Trustee to
exchange the above-referenced Certificates for the Subclasses referred to below:
1. [Interest Only/Class A-V]- Certificates, corresponding to the following
Uncertificated REMIC Regular Interests: [List numbers corresponding to
the related loans and Pool Strip Rates from the Mortgage Loan
Schedule]. The initial Subclass Notional Amount and the Initial
Pass-Through Rate on the [Interest Only/Class A-V]- Certificates will
be $ _________ and _______________%, respectively.
2. [Repeat as appropriate.]
The Subclasses requested above will represent in the aggregate all of the
Uncertificated REMIC Regular Interests represented by the [Interest Only/Class A-V][-1]
Certificates surrendered for exchange.
All capitalized terms used but not defined herein shall have the meanings set
forth in the Pooling and Servicing Agreement, dated as of ___________ 1, ____, among
Residential Accredit Loans, Inc., Residential Funding Corporation and __________________, as
trustee.
RESIDENTIAL FUNDING CORPORATION
By:
Name:
Title:
EXHIBIT O
Form of Form 10-K Certification
I, [identify the certifying individual], certify that:
1. I have reviewed this report on Form 10-K and all reports on Form 10-D required
to be filed in respect of the period covered by this report on Form 10-K of the trust (the
"Exchange Act periodic reports") created pursuant to the Series Supplement dated
___________________ to the Standard Terms of Pooling and Servicing Agreement dated
____________________ (together, the "P&S Agreement") among Residential Accredit Loans, Inc.,
Residential Funding Corporation (the "Master Servicer") and [Name of Trustee] (the
"Trustee");
2. Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do
not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which such
statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, all of the distribution, servicing and other
information required to be provided under Form 10-D for the period covered by this report is
included in the Exchange Act periodic reports;
4. I am responsible for reviewing the activities performed by the Master Servicer
and based on my knowledge and the compliance review conducted in preparing the servicer
compliance statement required in this report under Item 1123 of Regulation AB, and except a
disclosed in the Exchange Act periodic reports, the Master Servicer has fulfilled its
obligations under the P&S Agreement; and
5. All of the reports on assessment of compliance with servicing criteria for
asset-backed securities and their related attestation reports on assessment of compliance
with servicing criteria for asset-backed securities required to be included in this report
in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have
been included as an exhibit to this report, except as otherwise disclosed in this report.
Any material instances of noncompliance described in such reports have been disclosed in
this report on Form 10-K.
In giving the certifications above, I have reasonably relied on the information
provided to me by the following unaffiliated parties: [the Trustee].
Date:_______________________
____________________________*
[Signature]
[Title:]
* to be signed by the senior officer in charge of the servicing functions of the Master
Servicer
EXHIBIT P
[FORM OF BACK-UP CERTIFICATION TO FORM 10-K CERTIFICATE]
The undersigned, a Responsible Officer of [_________] (the "Trustee") certifies that:
(a) The Trustee has performed all of the duties specifically required to be
performed by it pursuant to the provisions of the Pooling and Servicing Agreement dated as
of [_________], 20[__] (the "Agreement") by and among [__________], as depositor,
Residential Funding Corporation, as Master Servicer, and the Trustee in accordance with the
standards set forth therein.
(b) Based on my knowledge, the list of Certificateholders as shown on the
Certificate Register as of the end of each calendar year that is provided by the Trustee
pursuant to the Agreement is accurate as of the last day of the 20[__] calendar year.
Capitalized terms used and not defined herein shall have the meanings given such terms in
the Agreement.
IN WITNESS WHEREOF, I have duly executed this certificate as of _________, 20__.]
Name:
Title:
EXHIBIT Q
INFORMATION TO BE PROVIDED BY THE MASTER SERVICER TO THE RATING AGENCIES RELATING TO
REPORTABLE MODIFIED MORTGAGE LOANS
Account number
Transaction Identifier
Unpaid Principal Balance prior to Modification
Next Due Date
Monthly Principal and Interest Payment
Total Servicing Advances
Current Interest Rate
Original Maturity Date
Original Term to Maturity (Months)
Remaining Term to Maturity (Months)
Trial Modification Indicator
Mortgagor Equity Contribution
Total Servicer Advances
Trial Modification Term (Months)
Trial Modification Start Date
Trial Modification End Date
Trial Modification Period Principal and Interest Payment
Trial Modification Interest Rate
Trial Modification Term
Rate Reduction Indicator
Interest Rate Post Modification
Rate Reduction Start Date
Rate Reduction End Date
Rate Reduction Term
Term Modified Indicator
Modified Amortization Period
Modified Final Maturity Date
Total Advances Written Off
Unpaid Principal Balance Written Off
Other Past Due Amounts Written Off
Write Off Date
Unpaid Principal Balance Post Write Off
Capitalization Indicator
Mortgagor Contribution
Total Capitalized Amount
Modification Close Date
Unpaid Principal Balance Post Capitalization Modification
Next Payment Due Date per Modification Plan
Principal and Interest Payment Post Modification
Interest Rate Post Modification
Payment Made Post Capitalization
Delinquency Status to Modification Plan
EXHIBIT R
SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE
The assessment of compliance to be delivered by the Trustee shall address, at a
minimum, the criteria identified as below as "Applicable Servicing Criteria":
-------------------------------------------------------------------------- ------------------
APPLICABLE
SERVICING
SERVICING CRITERIA CRITERIA
-------------------------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
REFERENCE CRITERIA
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
GENERAL SERVICING CONSIDERATIONS
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(1)(i) Policies and procedures are instituted to monitor any
performance or other triggers and events of default in
accordance with the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(1)(ii) If any material servicing activities are outsourced to
third parties, policies and procedures are instituted
to monitor the third party's performance and
compliance with such servicing activities.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(1)(iii) Any requirements in the transaction agreements to
maintain a back-up servicer for the pool assets are
maintained.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in
effect on the party participating in the servicing
function throughout the reporting period in the amount
of coverage required by and otherwise in accordance
with the terms of the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
CASH COLLECTION AND ADMINISTRATION
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(i) Payments on pool assets are deposited into the |X| (as to
appropriate custodial bank accounts and related bank
clearing accounts no more than two business days
following receipt, or such other number of days accounts held by
specified in the transaction agreements. Trustee)
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an |X| (as to
obligor or to an investor are made only by authorized investors only)
personnel.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(iii) Advances of funds or guarantees regarding collections,
cash flows or distributions, and any interest or other
fees charged for such advances, are made, reviewed and
approved as specified in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
The related accounts for the transaction, such as cash
reserve accounts or accounts established as a form of |X| (as to
overcollateralization, are separately maintained accounts held by
(e.g., with respect to commingling of cash) as set Trustee)
1122(d)(2)(iv) forth in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(v) Each custodial account is maintained at a federally
insured depository institution as set forth in the
transaction agreements. For purposes of this
criterion, "federally insured depository institution"
with respect to a foreign financial institution means
a foreign financial institution that meets the
requirements of Rule 13k-1(b)(1) of the Securities
Exchange Act.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent
unauthorized access.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(2)(vii) Reconciliations are prepared on a monthly basis for
all asset-backed securities related bank accounts,
including custodial accounts and related bank clearing
accounts. These reconciliations are (A) mathematically
accurate; (B) prepared within 30 calendar days after
the bank statement cutoff date, or such other number
of days specified in the transaction agreements; (C)
reviewed and approved by someone other than the person
who prepared the reconciliation; and (D) contain
explanations for reconciling items. These reconciling
items are resolved within 90 calendar days of their
original identification, or such other number of days
specified in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
INVESTOR REMITTANCES AND REPORTING
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(3)(i) Reports to investors, including those to be filed with
the Commission, are maintained in accordance with the
transaction agreements and applicable Commission
requirements. Specifically, such reports (A) are
prepared in accordance with timeframes and other terms
set forth in the transaction agreements; (B) provide
information calculated in accordance with the terms
specified in the transaction agreements; (C) are filed
with the Commission as required by its rules and
regulations; and (D) agree with investors' or the
trustee's records as to the total unpaid principal
balance and number of pool assets serviced by the
servicer.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(3)(ii) Amounts due to investors are allocated and remitted in |X|
accordance with timeframes, distribution priority and
other terms set forth in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
Disbursements made to an investor are posted within
two business days to the servicer's investor records,
or such other number of days specified in the |X|
1122(d)(3)(iii) transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
Amounts remitted to investors per the investor reports
agree with cancelled checks, or other form of payment, |X|
1122(d)(3)(iv) or custodial bank statements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
POOL ASSET ADMINISTRATION
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(i) Collateral or security on pool assets is maintained as
required by the transaction agreements or related
asset pool documents.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
Pool assets and related documents are safeguarded as
1122(d)(4)(ii) required by the transaction agreements
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(iii) Any additions, removals or substitutions to the asset
pool are made, reviewed and approved in accordance
with any conditions or requirements in the transaction
agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(iv) Payments on pool assets, including any payoffs, made
in accordance with the related pool asset documents
are posted to the servicer's obligor records
maintained no more than two business days after
receipt, or such other number of days specified in the
transaction agreements, and allocated to principal,
interest or other items (e.g., escrow) in accordance
with the related pool asset documents.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(v) The servicer's records regarding the pool assets agree
with the servicer's records with respect to an
obligor's unpaid principal balance.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(vi) Changes with respect to the terms or status of an
obligor's pool asset (e.g., loan modifications or
re-agings) are made, reviewed and approved by
authorized personnel in accordance with the
transaction agreements and related pool asset
documents.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance
plans, modifications and deeds in lieu of foreclosure,
foreclosures and repossessions, as applicable) are
initiated, conducted and concluded in accordance with
the timeframes or other requirements established by
the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(viii) Records documenting collection efforts are maintained
during the period a pool asset is delinquent in
accordance with the transaction agreements. Such
records are maintained on at least a monthly basis, or
such other period specified in the transaction
agreements, and describe the entity's activities in
monitoring delinquent pool assets including, for
example, phone calls, letters and payment rescheduling
plans in cases where delinquency is deemed temporary
(e.g., illness or unemployment).
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(ix) Adjustments to interest rates or rates of return for
pool assets with variable rates are computed based on
the related pool asset documents.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(x) Regarding any funds held in trust for an obligor (such
as escrow accounts): (A) such funds are analyzed, in
accordance with the obligor's pool asset documents, on
at least an annual basis, or such other period
specified in the transaction agreements; (B) interest
on such funds is paid, or credited, to obligors in
accordance with applicable pool asset documents and
state laws; and (C) such funds are returned to the
obligor within 30 calendar days of full repayment of
the related pool asset, or such other number of days
specified in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or
insurance payments) are made on or before the related
penalty or expiration dates, as indicated on the
appropriate bills or notices for such payments,
provided that such support has been received by the
servicer at least 30 calendar days prior to these
dates, or such other number of days specified in the
transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(xii) Any late payment penalties in connection with any
payment to be made on behalf of an obligor are paid
from the servicer's funds and not charged to the
obligor, unless the late payment was due to the
obligor's error or omission.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
Disbursements made on behalf of an obligor are posted
within two business days to the obligor's records
maintained by the servicer, or such other number of
1122(d)(4)(xiii) days specified in the transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts
are recognized and recorded in accordance with the
transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
Any external enhancement or other support, identified
in Item 1114(a)(1) through (3) or Item 1115 of
Regulation AB, is maintained as set forth in the |X|
1122(d)(4)(xv) transaction agreements.
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
----------------- -------------------------------------------------------- ------------------
EXHIBIT FIVE
PLANNED PRINCIPAL BALANCES
AGGREGATE PLANNED PRINCIPAL BALANCE
AGGREGATE PLANNED
DISTRIBUTION DATE PRINCIPAL BALANCE FOR
LASS A-2, CLASS A-3 AND
CCLASS A-4 CERTIFICATES
Initial
Balance $132,545,000.00
February 2006 130,727,831.27
March 2006 128,921,646.00
April 2006 127,126,549.01
May 2006 125,342,474.11
June 2006 123,569,355.50
July 2006 121,807,127.78
August 2006 120,055,725.95
September 2006 118,315,085.41
October 2006 116,585,141.96
November 2006 114,865,831.77
December 2006 113,157,091.42
January 2007 111,458,857.86
February 2007 109,771,068.45
March 2007 108,093,660.90
April 2007 106,426,573.32
May 2007 104,769,744.19
June 2007 103,123,112.38
July 2007 101,486,617.10
August 2007 99,860,197.97
September 2007 98,243,794.94
October 2007 96,637,348.37
November 2007 95,040,798.94
December 2007 93,454,087.73
January 2008 91,877,156.15
February 2008 90,309,945.99
March 2008 88,752,399.38
April 2008 87,204,458.80
May 2008 85,666,067.11
June 2008 84,137,167.49
July 2008 82,617,703.47
August 2008 81,107,618.95
September 2008 79,606,858.14
October 2008 78,115,365.62
November 2008 76,633,086.28
December 2008 75,159,965.37
January 2009 73,695,948.48
February 2009 72,240,981.50
March 2009 70,795,010.68
April 2009 69,357,982.59
May 2009 67,929,844.12
June 2009 66,510,542.51
July 2009 65,100,025.30
August 2009 63,698,240.35
September 2009 62,305,135.86
October 2009 60,920,660.31
November 2009 59,544,762.55
December 2009 58,177,391.69
January 2010 56,818,497.18
February 2010 55,468,028.79
March 2010 54,125,936.57
April 2010 52,792,170.89
May 2010 51,466,682.43
June 2010 50,149,422.17
July 2010 48,840,341.37
August 2010 47,539,391.63
September
2010 46,246,524.81
October 2010 44,961,693.09
November 2010 43,684,848.93
December 2010 42,415,945.08
January 2011 41,154,265.49
February 2011 39,984,037.18
March 2011 38,821,439.40
April 2011 37,666,426.12
May 2011 36,518,951.57
June 2011 35,378,970.27
July 2011 34,246,437.01
August 2011 33,121,306.86
September 2011 32,003,535.17
October 2011 30,893,077.57
November 2011 29,789,889.94
December 2011 28,693,928.45
January 2012 27,605,149.53
February 2012 26,597,470.45
March 2012 25,612,643.66
April 2012 24,650,211.29
May 2012 23,709,724.22
June 2012 22,790,741.92
July 2012 21,892,832.35
August 2012 21,015,571.70
September 2012 20,158,544.33
October 2012 19,321,342.56
November 2012 18,503,566.53
December 2012 17,704,824.06
January 2013 16,924,730.52
February 2013 16,299,222.46
March 2013 15,688,937.32
April 2013 15,093,550.49
May 2013 14,512,743.88
June 2013 13,946,205.75
July 2013 13,393,630.62
August 2013 12,854,719.12
September 2013 12,329,177.91
October 2013 11,816,719.52
November 2013 11,317,062.28
December 2013 10,829,930.17
January 2014 10,355,052.71
February 2014 10,010,611.19
March 2014 9,674,654.01
April 2014 9,346,991.89
May 2014 9,027,439.56
June 2014 8,715,815.61
July 2014 8,411,942.50
August 2014 8,115,646.40
September 2014 7,826,757.16
October 2014 7,545,108.21
November 2014 7,270,536.53
December 2014 7,002,882.53
January 2015 6,741,989.99
February 2015 6,585,884.79
March 2015 6,432,781.40
April 2015 6,282,622.89
May 2015 6,135,353.41
June 2015 5,990,918.16
July 2015 5,849,263.35
August 2015 5,710,336.22
September 2015 5,574,085.01
October 2015 5,440,458.90
November 2015 5,309,408.05
December 2015 5,180,108.24
January 2016 5,050,095.94
February 2016 4,922,639.16
March 2016 4,797,688.76
April 2016 4,675,196.52
May 2016 4,555,115.14
June 2016 4,437,398.23
July 2016 4,322,000.26
August 2016 4,208,876.57
September 2016 4,097,983.35
October 2016 3,989,277.64
November 2016 3,882,717.26
December 2016 3,778,260.85
January 2017 3,675,867.84
February 2017 3,575,498.43
March 2017 3,477,113.56
April 2017 3,380,674.93
May 2017 3,286,144.96
June 2017 3,193,486.80
July 2017 3,102,664.27
August 2017 3,013,641.91
September 2017 2,926,384.91
October 2017 2,840,859.14
November 2017 2,757,031.10
December 2017 2,674,867.96
January 2018 2,594,337.48
February 2018 2,515,408.06
March 2018 2,438,048.68
April 2018 2,362,228.93
May 2018 2,287,918.96
June 2018 2,215,089.52
July 2018 2,143,711.88
August 2018 2,073,757.89
September 2018 2,005,199.92
October 2018 1,938,010.86
November 2018 1,872,164.13
December 2018 1,807,633.67
January 2019 1,744,393.88
February 2019 1,682,419.68
March 2019 1,621,686.47
April 2019 1,562,170.09
May 2019 1,503,846.87
June 2019 1,446,693.59
July 2019 1,390,687.46
August 2019 1,335,806.13
September 2019 1,282,027.69
October 2019 1,229,330.62
November 2019 1,177,693.86
December 2019 1,127,096.70
January 2020 1,077,518.86
February 2020 1,028,940.44
March 2020 981,341.92
April 2020 934,704.15
May 2020 889,008.35
June 2020 844,236.10
July 2020 800,369.34
August 2020 757,390.34
September 2020 715,281.73
October 2020 674,026.45
November 2020 633,607.80
December 2020 594,009.36
January 2021 555,215.07
February 2021 517,209.13
March 2021 479,976.08
April 2021 443,500.74
May 2021 407,768.23
June 2021 372,763.96
July 2021 338,473.60
August 2021 304,883.12
September 2021 271,978.74
October 2021 239,746.96
November 2021 208,174.54
December 2021 177,248.47
January 2022 146,956.02
February 2022 117,284.70
March 2022 88,222.25
April 2022 59,756.65
May 2022 31,876.12
June 2022 4,569.09
----------------------------------------------------------------------------------------------
