Exhibit 99.6
MGIC
Mortgage Guaranty Commitment/Certificate
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Mortgage Guaranty Insurance Corporation (the "Company"), 000 X. Xxxxxxxx Xxxxxx/P.O. Box 488 Milwaukee, Wisconsin 53201-0488,
hereby agrees to pay to the Insured any Loss due to the Default by a Borrower on the Loan identified below, subject to the terms
and conditions of the Master Policy, the conditions noted, if any, and in reliance on the Insured's application for insurance.
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Insured Aurora Loan Services, Incorporated as Master Servicer
Name For Xxxxxx Brothers Portfolio Sale
Mailing 0000 Xxxxx Xxxxxx Xxxx, Xxxxx 000
Xxxxxxx Xxxxxx, Xxxxxxxx 00000
Master Policy # 05-020-4-1171 / Total Amount Due $See 1st billing
COMMITMENT/CERTIFICATE To be Assigned / Initial Premium $See 1st billing
Commitment Effective Date January 1, 2001 / Amount of Loan Insured $642,283,079.09 in
aggregate and as identified on Appendix A
Commitment Expiration Date May 1, 2001 / Amount of Coverage See list of Loans identified
on Appendix A
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LOAN INFORMATION
Borrower Name: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate.
Property Address: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate.
Sale Price: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate. /
Appraised Value: See Attachment 1for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate. / Amortization Period: See Attachment 1
for incorporation by reference of all other Loan information referred to in this section of the
Commitment/Certificate.
(Continued on Attachment 1)
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Initial Premium Description Annual Renewals %
See Attachment 1
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COMPANY'S DECLARATION: The Company has obtained the above Loan information from the Loan application and supporting documentation
submitted by the Insured. The Company has relied on the Loan information being correct and true in extending coverage to the Loan.
The Company considers the Loan information to be representations of the Insured which are material to the Company's acceptance of
the risk and to the hazard assumed.
INSURED CERTIFICATION: The undersigned certifies that the: 1) Loan transaction, as described above, has been Consummated; 2) Loan
information set forth above on the Original Commitment/Certificate (C/C) is true and correct and the Company can rely on it in
extending coverage to the Loan; 3) Loan is not in Default at the time the applicable premium is paid; 4) Conditions, if any,
identified on the Original C/C, have been satisfied; 5) Insured has attached to its retained original C/C the insured Application
and all supporting documentation and representations submitted to the Company by or on behalf of the Insured; and 6) Insured has
no knowledge of any material changes in any statement contained in such Application, supporting documentation or representations.
Any assignment of the servicing of the Loan or rights of the Insured under the C/C must be in accordance with the terms and
conditions of the Master Policy. All capitalized terms herein shall have the same meaning set forth in the Master Policy.
SERVICING SOLD? If so, complete the SERVICING DATA BOX on REMITTANCE COPY you send to MGIC.
MGIC
Mortgage Guaranty Commitment/Certificate
Attachment 1
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Effective Date of Certificate Insured Loan Number Authorized Signature of Insured
1/1/2001
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Form #71-7066 (2/94) Sign and keep this Original Commitment/Certificate DO NOT SEND TO MGIC.
MGIC
Mortgage Guaranty Commitment/Certificate
Attachment 1
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The Company hereby insures a total of 5,271 loans, identified on the attached Appendix A (in the form of 2 computer diskettes)
(individually a "Loan" or collectively the "Loans"), with an aggregate Amount of Loan Insured (for all Loans) of $642,283,079.09
as identified above. The Amount of Loan Insured and the Amount of Coverage for each individual Loan are as shown on Appendix A.
The initial and renewal premium will be non-refundable and will be payable monthly for each month coverage remains in effect. Such
premiums are calculated as a per annum percentage of 98 basis points (0.980%) applied to the scheduled principal balance of each
Loan determined as of the beginning of the prior month. The quoted premium rate does not reflect premium taxes which are due and
required to be paid by the insured in the states of Kentucky and West Virginia. The portfolio contains 42 loans in these states.
In issuing this Commitment/Certificate for the Loans, the Company relied upon certain information and data received from the
Insured, and/or Xxxxxx Brothers, Incorporated, including, but not limited to information and data contained in several Internet
file transfers to the Company from Xxxxxx Brothers, Incorporated in February, March, and April, 2001 and a letter agreement dated
April 9, 2001 between the Company, the Insured, and Xxxxxx Brothers, Incorporated, all of which will be considered part of the
"Application" or "Transmittal" for insurance of the Loans, such Internet files in the form of a computer diskette and letter being
attached to and made a part of this Commitment/Certificate.
Pursuant to Section 2.7(a) of the Master Policy referred to above this Commitment/Certificate is certified and becomes effective
without the Insured's execution and return of same.
This Commitment/Certificate is also subject to the terms and conditions of the following Endorsements, which are applicable to all
of the Loans:
(1) Master Reporting Program Endorsement -- MGIC Form #71-7139 (8/94)
(2) Endorsement to Mortgage Guaranty Master Policy-- MGIC Form #71-70178 (4/01)
(3) Endorsement to Mortgage Guaranty Master Policy (Incontestability for Master Reporting Program (#71-70165 (2/01)))
MGIC
Mortgage Guaranty Commitment/Certificate
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Mortgage Guaranty Insurance Corporation (the "Company"), 000 X. Xxxxxxxx Xxxxxx/P.O. Box 488 Milwaukee, Wisconsin 53201-0488, hereby
agrees to pay to the Insured any Loss due to the Default by a Borrower on the Loan identified below, subject to the terms and
conditions of the Master Policy, the conditions noted, if any, and in reliance on the Insured's application for insurance.
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Insured Aurora Loan Services, Incorporated as Master Servicer
Name For Xxxxxx Brothers Portfolio Sale
Mailing 0000 Xxxxx Xxxxxx Xxxx, Xxxxx 000
Xxxxxxx Xxxxxx, Xxxxxxxx 00000
Master Policy # 05-020-4-1171 / Total Amount Due $ See 1st billing
COMMITMENT/CERTIFICATE To be Assigned / Initial Premium $ See 1st billing
Commitment Effective Date February 1, 2001 / Amount of Loan Insured $76,248,347.80 in
aggregate and as identified on Appendix A
Commitment Expiration Date May 1, 2001 / Amount of Coverage See list of Loans identified
on Appendix A
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LOAN INFORMATION
Borrower Name: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate.
Property Address: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate.
Sale Price: See Attachment 1 for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate. /
Appraised Value: See Attachment 1for incorporation by reference of all other Loan information
referred to in this section of the Commitment/Certificate. / Amortization Period:
See Attachment 1 for incorporation by reference of all other
Loan information referred to in this section of the
Commitment/Certificate.
(Continued on Attachment 1)
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Initial Premium Description Annual Renewals %
See Attachment 1
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COMPANY'S DECLARATION: The Company has obtained the above Loan information from the Loan application and supporting documentation
submitted by the Insured. The Company has relied on the Loan information being correct and true in extending coverage to the Loan.
The Company considers the Loan information to be representations of the Insured which are material to the Company's acceptance of
the risk and to the hazard assumed.
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INSURED CERTIFICATION: The undersigned certifies that the: 1) Loan transaction, as described above, has been Consummated; 2) Loan
information set forth above on the Original Commitment/Certificate (C/C) is true and correct and the Company can rely on it in
extending coverage to the Loan; 3) Loan is not in Default at the time the applicable premium is paid; 4) Conditions, if any,
identified on the Original C/C, have been satisfied; 5) Insured has attached to its retained original C/C the insured Application
and all supporting documentation and representations submitted to the Company by or on behalf of the Insured; and 6) Insured has no
knowledge of any material changes in any statement contained in such Application, supporting documentation or representations.
Any assignment of the servicing of the Loan or rights of the Insured under the C/C must be in accordance with the terms and
conditions of the Master Policy. All capitalized terms herein shall have the same meaning set forth in the Master Policy.
SERVICING SOLD? If so, complete the SERVICING DATA BOX on REMITTANCE COPY you send to MGIC.
MGIC
Mortgage Guaranty Commitment/Certificate
Attachment 1
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Effective Date of Certificate Insured Loan Number Authorized Signature of Insured
2/1/2001
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Form #71-7066 (2/94) Sign and keep this Original Commitment/Certificate. DO NOT SEND TO MGIC.
MGIC
Mortgage Guaranty Commitment/Certificate
Attachment 1
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The Company hereby insures a total of 544 loans, identified on the attached Appendix A (in the form of a computer diskette)
(individually a "Loan" or collectively the "Loans"), with an aggregate Amount of Loan Insured (for all Loans) of $76,248,347.80 as
identified above. The Amount of Loan Insured and the Amount of Coverage for each individual Loan are as shown on Appendix A.
The initial and renewal premium will be non-refundable and will be payable monthly for each month coverage remains in effect. Such
premiums are calculated as a per annum percentage of 98 basis points (0.980%) applied to the scheduled principal balance of each
Loan determined as of the beginning of the prior month. The quoted premium rate does not reflect premium taxes which are due and
required to be paid by the insured in the states of Kentucky and West Virginia. The portfolio contains 4 loans in these states.
In issuing this Commitment/Certificate for the Loans, the Company relied upon certain information and data received from the
Insured, and/or Xxxxxx Brothers, Incorporated, including, but not limited to information and data contained in several Internet file
transfers to the Company from Xxxxxx Brothers, Incorporated in February, March, and April, 2001 and a letter agreement dated April
9, 2001 between the Company, the Insured, and Xxxxxx Brothers, Incorporated, all of which will be considered part of the
"Application" or "Transmittal" for insurance of the Loans, such Internet files in the form of a computer diskette and letter being
attached to and made a part of this Commitment/Certificate.
Pursuant to Section 2.7(a) of the Master Policy referred to above this Commitment/Certificate is certified and becomes effective
without the Insured's execution and return of same.
This Commitment/Certificate is also subject to the terms and conditions of the following Endorsements, which are applicable to all
of the Loans:
(1) Master Reporting Program Endorsement -- MGIC Form #71-7139 (8/94)
(2) Endorsement to Mortgage Guaranty Master Policy-- MGIC Form #71-70178 (4/01)
(3)
(4) Endorsement to Mortgage Guaranty Master Policy (Incontestability for Master Reporting Program (#71-70165 (2/01)))
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