RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.,
Company,
RESIDENTIAL FUNDING CORPORATION,
Master Servicer,
and
JPMORGAN CHASE BANK,
Trustee
SERIES SUPPLEMENT,
DATED AS OF JUNE 1, 2004,
TO
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
DATED AS OF JUNE 1, 2004
Mortgage Pass-Through Certificates
Series 2004-S6
TABLE OF CONTENTS
PAGE
ARTICLE I
DEFINITIONS
Section 1.01 Definitions.................................................................-7-
Section 1.02 Use of Words and Phrases...................................................-31-
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)
..........................................................................-32-
Section 2.02 Acceptance by Trustee. (See Section 2.02 of the Standard Terms)
..........................................................................-32-
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the Company
..........................................................................-32-
Section 2.04 Representations and Warranties of Sellers.
..........................................................................-35-
Section 2.05 Execution and Authentication of Certificates...............................-37-
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)
..........................................................................-39-
Section 4.02 Distributions..............................................................-39-
Section 4.03 Statements to Certificateholders; Statements to Rating Agencies; Exchange Act
Reporting. (See Section 4.03 of the Standard Terms).......................-50-
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)
..........................................................................-50-
Section 4.05 Allocation of Realized Losses..............................................-50-
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property. (See Section 4.06
of the Standard Terms).
..........................................................................-53-
Section 4.07 Optional Purchase of Defaulted Mortgage Loans. (See Section 4.07 of the Standard
Terms).....................................................................-53-
Section 4.08 Surety Bond. (See Section 4.08 of the Standard Terms).....................-53-
ARTICLE V
THE CERTIFICATES
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
ARTICLE VII
DEFAULT
ARTICLE VIII
CONCERNING THE TRUSTEE
ARTICLE IX
TERMINATION
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration. (See Section 10.01 of the Standard Terms)...........-65-
Section 10.02 Master Servicer; REMIC Administrator and Trustee Indemnification. (See Section
10.02 of the Standard Terms)..............................................-65-
Section 10.03 Designation of REMIC(s)....................................................-65-
Section 10.04 Distributions on the Uncertificated Regular Interests......................-65-
Section 10.05 Distributions on the Uncertificated Class A-V REMIC Regular Interests......-67-
Section 10.06 Compliance with Withholding Requirements...................................-68-
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment. (See Section 11.01 of the Standard Terms)
..........................................................................-69-
Section 11.02 Recordation of Agreement. Counterparts. (See Section 11.02 of the Standard
Terms)
..........................................................................-69-
Section 11.03 Limitation on Rights of Certificateholders. (See Section 11.03 of the Standard
Terms)
..........................................................................-69-
Section 11.04 Governing Laws. (See Section 11.04 of the Standard Terms)
..........................................................................-69-
Section 11.05 Notices....................................................................-69-
Section 11.06 Required Notices to Rating Agency and Subservicer.
..........................................................................-70-
Section 11.07 Severability of Provisions. (See Section 11.07 of the Standard Terms)
..........................................................................-70-
Section 11.08 Supplemental Provisions for Resecuritization. (See Section 11.08 of the Standard
Terms)
..........................................................................-71-
Section 11.09 Allocation of Voting Rights................................................-71-
EXHIBITS
Exhibit One: Mortgage Loan Schedule for Loan Group I
Exhibit Two: Mortgage Loan Schedule for Loan Group II
Exhibit Three: Mortgage Loan Schedule for Loan Group III
Exhibit Four: Schedule of Discount Fractions
Exhibit Five: Information to be Included in
Monthly Distribution Date Statement
Exhibit Six: Standard Terms of Pooling and Servicing
Agreement dated as of June 1, 2004
This is a Series Supplement, dated as of June 1, 2004 (the "Series
Supplement"), to the Standard Terms of Pooling and Servicing Agreement, dated as
of June 1, 2004 and attached as Exhibit Six hereto (the "Standard Terms" and,
together with this Series Supplement, the "Pooling and Servicing Agreement" or
"Agreement"), among RESIDENTIAL FUNDING MORTGAGE SECURITIES I, 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 JPMORGAN CHASE BANK, as
Trustee (together with its permitted successors and assigns, the "Trustee").
PRELIMINARY STATEMENT
The Company intends to sell Mortgage 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 Trust Fund. As provided herein, the REMIC Administrator will make an
election to treat the entire segregated pool of assets described in the
definition of REMIC I (as defined herein), and subject to this Agreement
(including the Group I Loans and Group II Loans but excluding the Initial
Monthly Payment Fund), as a real estate mortgage investment conduit (a "REMIC")
for federal income tax purposes and such segregated pool of assets will be
designated as "REMIC I." The 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). As provided herein, the REMIC Administrator will make an election to
treat the entire segregated pool of assets described in the definition of REMIC
II (as defined herein), and subject to this Agreement (including the Group III
Loans but excluding the Initial Monthly Payment Fund), as a REMIC for federal
income tax purposes and such segregated pool of assets will be designated as
"REMIC II." The REMIC II Regular Interests will be "regular interests" in REMIC
II and the Class R-II Certificates will be the sole class of "residual
interests" in REMIC II for purposes of the REMIC Provisions. A segregated pool
of assets consisting of the REMIC I Regular Interests and REMIC II Regular
Interests will be designated as "REMIC III" and the REMIC Administrator will
make a separate REMIC election with respect thereto. The Class I-A-1
Certificates, Class I-A-2 Certificates, Class I-A-3 Certificates, Class I-A-4
Certificates, Class I-A-5 Certificates, Class I-A-6 Certificates, Class I-A-P
Certificates, Class II-A-1 Certificates, Class II-A-2 Certificates, Class II-A-3
Certificates, Class II-A-4 Certificates, Class II-A-5 Certificates, Class II-A-6
Certificates, Class II-A-P Certificates, Class III-A-1 Certificates, Class
III-A-2 Certificates, Class III-A-3 Certificates, Class III-A-4 Certificates,
Class III-A-5 Certificates, Class III-A-6 Certificates, Class III-A-7
Certificates, Class III-A-P Certificates, Class M-1 Certificates, Class M-2
Certificates, Class M-3 Certificates, Class III-M-1 Certificates, Class III-M-2
Certificates, Class III-M-3 Certificates, Class B-1 Certificates, Class B-2
Certificates, Class B-3 Certificates, Class III-B-1 Certificates, Class III-B-2
Certificates, Class III-B-3 Certificates and the Uncertificated Class A-V REMIC
Regular Interests will be "regular interests" in REMIC III and the Class R-III
Certificates will be the sole class of "residual interests" therein for purposes
of the REMIC Provisions. The Class I-A-V, Class II-A-V and Class III-A-V
Certificates or any Subclass thereof issued pursuant to Section 5.01(c) will
represent the entire beneficial ownership interest in the Uncertificated Class
A-V REMIC Regular Interests represented by such Class or Subclass 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).
-1-
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. Any cross-reference to a section of the Pooling and
Servicing Agreement, to the extent the terms of the Standard Terms and Series
Supplement conflict with respect to that section, shall be a cross-reference to
the related section of the Series Supplement. 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 the
Series Supplement.
The following table irrevocably sets forth the designation, the
Uncertificated REMIC I Pass- Through Rate, the initial Uncertificated Principal
Balance, and solely for purposes of satisfying Treasury regulation Section
1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC I
Regular Interests. None of the REMIC I Regular Interests will be certificated.
Uncertificated Initial Uncertificated Latest
REMIC-I-Pass Principal-Balance Possible-Maturity(1)
Designation Through Rate
REMIC I Regular Interest
I-SUB 5.50% $ 430.60 June 25, 2034
REMIC I Regular Interest
I-ZZZ 5.50% $ 174,813,043.47 June 25, 2034
REMIC I Regular Interest
II-SUB 5.25% $ 481.31 June 25, 2034
REMIC I Regular Interest
II-ZZZ 5.25% $ 195,552,010.03 June 25, 2034
REMIC I Regular Interest
I-A-P 0.00% $ 930,315.68 June 25, 2034
REMIC I Regular Interests
I-A-V (2) (3) June 25, 2034
REMIC I Regular Interest
II-A-P 0.00% $ 876,547.73 June 25, 2034
REMIC I Regular Interests (2) (3) June 25, 2034
II-A-V
___________________
(1) Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
regulations, the Distribution Date immediately following the maturity date
for the Group I Loans and Group II Loans with the latest maturity date has
been designated as the "latest possible maturity date" for each REMIC I
Regular Interest.
(2) Calculated in accordance with the definition of "Uncertificated REMIC I
Pass-Through Rate" herein.
(3) The REMIC I Regular Interests I-A-V and the REMIC I Regular Interests
II-A-V have no Uncertificated Principal Balances.
The following table irrevocably sets forth the designation, the
Uncertificated REMIC II Pass- Through Rate, the initial Uncertificated Principal
Balance, and solely for purposes of satisfying Treasury regulation Section
1.860G-1(a)(4)(iii), the "latest possible maturity date" for each of the REMIC
II Regular Interests. None of the REMIC II Regular Interests will be
certificated.
-2-
Uncertificated Initial Uncertificated Latest
REMIC-II-Pass Principal-Balance Possible-Maturity(1)
Designation Through Rate
REMIC II Regular Interest
III-A 4.75% $ 151,283,099.00 June 25, 2019
REMIC II Regular Interest
III-A-P 0.00% $ 3,724,986.00 June 25, 2019
REMIC II Regular Interests
III-A-V (2) $ (3) June 25, 2019
REMIC II Regular Interest
R-III 4.75% $ 100.00 June 25, 2019
___________________
(1) Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Treasury
regulations, the Distribution Date immediately following the maturity
date for the Group III Loans with the latest maturity date has been
designated as the "latest possible maturity date" for each REMIC II
Regular Interest.
(2) Calculated in accordance with the definition of "Uncertificated REMIC II
Pass-Through Rate" herein.
(3) The REMIC II Regular Interests III-A-V have no Uncertificated Principal
Balance.
-3-
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
Pass-Through Certificate Principal Minimum
Designation Rate Balance Features(1) Maturity Date Fitch/S&P Denominations(2)
Class I-A-1 5.50% $ 15,000,000.00 Senior/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class I-A-2 6.00% $ 25,025,000.00 Senior/Retail/Fixed Rate June 25, 2034 AAA/AAA $1,000
Class I-A-3 0.00% $ 2,275,000.00 Senior/Principal Only June 25, 2034 AAA/AAA $25,000
Class I-A-4 5.50% $ 78,697,000.00 Senior/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class I-A-5 5.50% $ 32,459,826.00 Senior/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class I-A-6 5.50% $ 17,050,758.00 Senior/Lockout/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class II-A-1 5.75% $ 114,643,000.00 Senior/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class II-A-2 5.75% $ 15,430,989.00 Senior/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class II-A-3 5.75% $ 17,415,332.00 Senior/Lockout/Fixed Rate June 25, 2034 AAA/AAA $25,000
Class II-A-4 0.00% $ 1,111,000.00 Senior/Principal Only June 25, 2034 AAA/AAA $25,000
Class II-A-5 6.00% $ 25,553,000.00 Senior/Retail/Fixed Rate June 25, 2034 AAA/AAA $1,000
Class II-A-6 0.00% $ 16,586,031.00 Senior/Principal Only June 25, 2034 AAA/AAA $25,000
Class III-A-1 4.75% $ 14,818,291.00 Super Senior/Lockout/ June 25, 2019 AAA/AAA $25,000
Fixed Rate
Class III-A-2 4.50% $ 9,025,000.00 Super Senior/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class III-A-3 5.00% $ 58,564,000.00 Super Senior/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class III-A-4 4.50% $ 38,191,000.00 Super Senior/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class III-A-5 4.50% $ 19,466,311.00 Super Senior/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class III-A-6 5.00% $ 8,118,311.00 Super Senior/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class III-A-7 4.75% $ 1,395,000.00 Senior Support/Fixed Rate June 25, 2019 AAA/AAA $25,000
Class I-A-P 0.00% $ 930,315.68 Senior/Principal Only June 25, 2034 AAA/AAA $25,000
Class I-A-V Variable Rate $ 0 Senior/Interest Only/ June 25, 2034 AAA/AAA $2,000,000
Variable Rate
Class II-A-P 0.00% $ 876,547.73 Senior/Principal Only June 25, 2034 AAA/AAA $25,000
Class II-A-V Variable Rate $ 0 Senior/Interest Only/ June 25, 2034 AAA/AAA $2,000,000
Variable Rate
Class III-A-P 0.00% $ 3,724,986.88 Senior/Principal Only June 25, 2019 AAA/AAA $25,000
Class III-A-V Variable Rate $ 0 Senior/Interest Only/ June 25, 2019 AAA/AAA $2,000,000
Variable Rate
Class R-I 5.50% $ 100.00 Senior/Residual/ June 25, 2034 AAA/AAA 20%
Variable Rate
Class R-II 5.25% $ 100.00 Senior/Residual/ June 25, 2034 AAA/AAA 20%
Fixed Rate
Class R-III 4.75% $ 100.00 Senior/Residual/ June 25, 2019 AAA/AAA 20%
Fixed Rate
Class M-1 Variable Rate $ 5,024,964.00 Mezzanine/Variable Rate June 25, 2034 NA/AA $25,000
Class M-2 Variable Rate $ 1,674,800.00 Mezzanine/Variable Rate June 25, 2034 NA/A $250,000
Class M-3 Variable Rate $ 744,300.00 Mezzanine/Variable Rate June 25, 2034 NA/BBB $250,000
Class III-M-1 4.75% $ 775,087.00 Mezzanine/Fixed Rate June 25, 2019 NA/AA $25,000
Class III-M-2 4.75% $ 310,000.00 Mezzanine/Fixed Rate June 25, 2019 NA/A
$250,000
Class III-M-3 4.75% $ 232,500.00 Mezzanine/Fixed Rate June 25, 2019 NA/BBB $232,500
Class B-1 Variable Rate $ 744,400.00 Subordinate/Variable Rate June 25, 2034 NA/BB $250,000
Class B-2 Variable Rate $ 558,200.00 Subordinate/Variable Rate June 25, 2034 NA/B $250,000
Class B-3 Variable Rate $ 372,265.41 Subordinate/Variable Rate June 25, 2034 NA/NA $250,000
Class III-B-1 4.75% $ 155,000.00 Subordinate/Fixed Rate June 25, 2019 NA/BB $250,000
Class III-B-2 4.75% $ 77,500.00 Subordinate/Fixed Rate June 25, 2019 NA/B $250,000
Class III-B-3 4.75% $ 155,098.58 Subordinate/Fixed Rate June 25, 2019 NA/NA $250,000
--------------
1 The Class I-A-1, Class I-A-2 , Class I-A-3, Class I-A-4, Class I-A-5, Class
I-A-6, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class
II-A-5, Class II-A-6, Class III-A-1, Class III-A-2, Class III-A-3, Class
III-A-4, Class III-A-5, Class III-A-6, Class III-A- 7, Class I-A-P, Class
I-A-V, Class II-A-P, Class II-A-V, Class III-A-P, Class III-A-V and Class M
Certificates shall be Book-Entry Certificates. The Class R and Class B
Certificates shall be delivered to the holders thereof in physical form.
2 The Certificates, other than the Class I-A-2, Class I-A-5, Class A-V, Class
A-P and 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 contains 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 and only one of
each of the Class II-B Certificates will be issued, in a denomination equal
to the entire Certificate Principal Balance of the related Class. The Class
R Certificates shall be issuable in minimum denominations of not less than
a 20% Percentage Interest; provided, however, that one Class R-I, Class
R-II and Class R-III Certificate 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%.
-4-
The Mortgage Loans have an aggregate principal balance as of the Cut-off
Date of $527,181,114.28.
In consideration of the mutual agreements herein contained, the Company,
the Master Servicer and the Trustee agree as follows:
-5-
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.
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 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 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 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 or (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 Relief Act,
with the related Senior Percentage of such reductions allocated 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
-6-
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.
Available Distribution Amount: As to any Distribution Date and each Loan
Group, an amount equal to (a) the sum of (i) the amount relating to the related
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) and
(vi) any Diverted Amount allocated to such Loan Group from the non-related Loan
Group or Loan Groups pursuant to Section 4.05, reduced by (b) the sum as of the
close of business on the immediately preceding Determination Date of (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) and (c) any
Diverted Amount diverted to the non-related Loan Group or Loan Groups in
accordance with Section 4.05. Such amount shall be determined separately for
each Loan Group. Additionally, if on any Distribution Date Compensating Interest
provided pursuant to Section 3.16(e) is less than Prepayment Interest Shortfalls
incurred on the related Mortgage Loans in connection with Principal Prepayments
in Full received during the related Prepayment Period 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 Amount: As to Loan Group I and Loan Group II in the
aggregate, and Loan Group III and 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) $100,000 over (B) the aggregate amount of Bankruptcy Losses allocated solely
to one or more specific Classes of related Certificates in accordance with
Section 4.05 of this Series Supplement plus any Excess Bankruptcy Losses on the
non-related Mortgage Loans allocated to the related group as set forth in
Section 4.05. 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 related 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 greater of
(A) the greater of (i) 0.0006 times the aggregate
principal balance of all the Mortgage Loans in the related Loan
Group as of the Relevant Anniversary (other than Additional
Collateral Loans, if any) having a Loan-to-Value Ratio at
origination which exceeds 75% and (ii) $100,000; and
(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 related Loan Group
(other than Additional Collateral Loans, if any) 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 in
the related Loan Group as of the Relevant Anniversary) of the Net
Mortgage Rates of all Mortgage Loans in the related Loan Group 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
related Loan Group as of the Relevant Anniversary, and (z) one
plus the quotient of the number of all Non-Primary Residence
Loans remaining in the related Loan Group divided by the total
number of Outstanding Mortgage Loans in the related Loan Group as
of the Relevant Anniversary, and (ii) $50,000, over (2) the
aggregate amount of Bankruptcy Losses allocated solely to one or
more specific Classes of related Certificates in accordance with
Section 4.05 since the Relevant Anniversary plus any Excess
Bankruptcy Losses on the non-related Mortgage Loans allocated to
the related group as set forth in Section 4.05.
Each 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 "JPMorgan Chase Bank, as trustee, in trust for the registered holders
of Residential Funding Mortgage Securities I, Inc., Mortgage Pass- Through
Certificates, Series 2004-S6" and which must be an Eligible Account.
-7-
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, minus
(iii) 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 the Class of related
Subordinate Certificates with the Lowest Priority at any given time shall be
further reduced by an amount equal to the Percentage Interest evidenced by such
Certificate multiplied by the excess, if any, of (A) the then aggregate
Certificate Principal Balance of all Classes of related Certificates then
outstanding over (B) the then aggregate Stated Principal Balance of the Mortgage
Loans in the related Loan Group or Loan Groups; provided, however, the
Certificate Principal Balance of the Class of related Subordinate Certificates
with the Lowest Priority shall not be reduced to the extent of the amount of any
Excess Special Hazard Losses or Excess Fraud Losses to be covered by Diverted
Amounts from the non- related Loan Group or Loan Groups pursuant to Section
4.05.
Class A Certificate: Any one of the Group I Senior Certificates, Group
II Senior Certificates or the Group III Senior Certificates (other than the
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.
Class A-V Certificate: Any one of the Class I-A-V Certificates, Class
II-A-V Certificates or Class III-A-V Certificates.
Class A-P Certificate: Any one of the Class I-A-P Certificates, Class
II-A-P Certificates or Class III-A-P Certificates.
Class B Certificate: Any one of the Class B-1, Class B-2, Class B-3 or
Class III-B Certificates, executed by the Trustee and authenticated by the
Certificate Registrar substantially in the form annexed to the Standard Terms as
Exhibit C.
Class I-A-P Distribution Amount: Shall have the meaning assigned thereto
in Section 4.02(b)(i).
-8-
Class II-A-P Distribution Amount: Shall have the meaning assigned thereto
in Section 4.02(b)(i).
Class III-A-P Distribution Amount: Shall have the meaning assigned thereto
in Section 4.02(b)(i).
Class III-B Certificate: Any one of the Class III-B-1, Class III-B-2 or
Class III-B-3 Certificates.
Class III-M Certificate: Any one of the Class III-M-1, Class III-M-2 or
Class III-M-3 Certificates.
Class M Certificate: Any one of the Class M-1, Class M-2, Class M-3 or
Class III-M Certificates, executed by the Trustee and authenticated by the
Certificate Registrar substantially in the form annexed to the Standard Terms as
Exhibit B.
Class R Certificate: Any one of the Class R-I, Class R-II and Class
R-III 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 each REMIC for
purposes of the REMIC Provisions.
Closing Date: June 29, 2004.
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
Agreement is located at JPMorgan Chase Bank, 000 Xxxx Xxxxxx Xxxxxx, 00xx Xxxxx,
Xxxxxxx, Xxxxxxxx 00000, Attention: Residential Funding Corporation Series 2004-
S6.
Credit Support Depletion Date: With respect to each Loan Group, the
first Distribution Date on which the Certificate Principal Balances of the
related Subordinate Certificates have been reduced to zero.
Cut-off Date: June 1, 2004.
Determination Date: With respect to any Distribution Date, the second
Business Day prior to such Distribution Date.
Discount Net Mortgage Rate: With respect to Loan Group I, 5.50% per annum.
With respect to Loan Group II, 5.25% per annum. With respect to Loan Group III,
4.75%, per annum.
Diverted Amount: For Loan Group I and Loan Group II in the aggregate,
and Loan Group III, on any Distribution Date on which Excess Special Hazard
Losses or Excess Fraud Losses from the other Loan Group or Loan Groups are
allocated to the Certificates of the related Loan Group or
-9-
Loan Groups pursuant to Section 4.05, or on any subsequent Distribution Date
occurring before such losses are fully covered by a Diverted Amount, an amount
equal to the lesser of (a) the aggregate amount of all Excess Special Hazard
Losses or Excess Fraud Losses from the other Loan Group or Loan Groups which
occurred prior to the related Distribution Date, minus the aggregate amount of
Diverted Amounts previously distributed to the Certificates related to the other
Loan Group or Loan Groups in respect of such losses, and (b) the amounts
otherwise payable to the Class B Certificates of the related Loan Group or Loan
Groups; provided, however, that the sum of the aggregate of the Diverted Amounts
on such Distribution Date and all prior Distribution Dates corresponding to
Excess Special Hazard Losses or Excess Fraud Losses, respectively, for the other
Loan Group or Loan Groups and the aggregate Special Hazard Losses or Fraud
Losses, respectively, for the related Loan Group or Loan Groups, may not exceed
the Special Hazard Amount or Fraud Loss Amount, respectively, for the related
Loan Group or Loan Groups.
Due Period: With respect to each Distribution Date and any Mortgage
Loan, the calendar month of such Distribution Date.
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 JPMorgan Chase Bank, 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 lower of the
then-current rating or the rating assigned to such Certificates as of the
Closing Date by such Rating Agency).
Eligible Funds: On any Distribution Date, the portion, if any, of the
Group I Available Distribution Amount, Group II Available Distribution Amount or
Group III Available Distribution Amount remaining after reduction by the sum of
(i) the aggregate amount of Accrued Certificate Interest on the related Senior
Certificates, (ii) the related Senior Principal Distribution Amount (determined
without regard to Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii)
the related Class A-P Principal Distribution Amount (determined without regard
to Section 4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate
amount of Accrued Certificate Interest on the related Class M Certificates and
Class B-1 Certificates and Class B-2 Certificates or Class III-B-1 Certificates
and Class III-B-2 Certificates, as applicable.
-10-
Excess Subordinate Principal Amount: With respect to any Distribution
Date on which the aggregate Certificate Principal Balance of the Class of
Subordinate Certificates related to a Loan Group or Loan Groups 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 Section
4.02(b)(i)(E). The Excess Subordinate Principal Amount will be allocated between
the Group I Senior Certificates (other than the Class I-A-P Certificates) and
the Group II Senior Certificates (other than the Class II-A-P Certificates), in
accordance with the amount of Realized Losses in the related Loan Group and
allocated to the related Certificates on such Distribution Date.
Fraud Loss Amount: The Group I/II Fraud Loss Amount or the Group III Fraud
Loss Amount.
Group I Loans: The Mortgage Loans designated in Exhibit One.
Group I Senior Accelerated Distribution Percentage: With respect to any
Distribution Date occurring on or prior to the 60th Distribution Date, 100%.
With respect to any Distribution Date thereafter and Loan Group I, as follows:
(i) for any Distribution Date after the 60th Distribution Date but on
or prior to the 72nd Distribution Date, the Group I 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 Group I 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 Group I 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 Group I 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 Group I Senior
Percentage for such Distribution Date;
provided, however,
-11-
(i) that any scheduled reduction to the Group I 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 Group I Loans
and Group II Loans delinquent 60 days or more averaged over the last six
months, as a percentage of the aggregate outstanding Certificate
Principal Balance of the related Subordinate Certificates, is less than
50% or (Y) the outstanding principal balance of Group I Loans and Group
II Loans delinquent 60 days or more averaged over the last six months,
as a percentage of the aggregate outstanding principal balance of all
Group I Loans and Group II Loans averaged over the last six months, does
not exceed 2% and (2) Realized Losses on the Group I Loans and Group II
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 related
Subordinate Certificates or
(b)(1) the outstanding principal balance of Group I Loans and
Group II Loans delinquent 60 days or more averaged over the last six
months, as a percentage of the aggregate outstanding principal balance
of all Group I Loans and Group II Loans averaged over the last six
months, does not exceed 4% and (2) Realized Losses on the Group I Loans
and Group II 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 related Subordinate Certificates, and
(ii) that for any Distribution Date on which the weighted average of
the Group I Senior Percentage and Group II Senior Percentage,
weighted on the basis of the Stated Principal Balance of the
Mortgage Loans in the related Loan Group (other than the related
Discount Fraction of the Discount Mortgage Loans) is greater than
the weighted average of the Group I Senior Percentage and Group
II Senior Percentage, weighted on the basis of the Stated
Principal Balance of the Mortgage Loans in the related Loan Group
(other than the related Discount Fraction of the Discount
Mortgage Loans) as of the Closing Date, the Group I Senior
Accelerated Distribution Percentage for such Distribution Date
shall be 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal
Balances of the Group I Senior Certificates (other than the Class I-A-P
Certificates, if any) to zero, the Group I Senior Accelerated Distribution
Percentage shall thereafter be 0%.
Group I Senior Certificate: Any one of the Class I-A-1, Class I-A-2,
Class I-A-3, Class I-A- 4, Class I-A-5, Class I-A-6, Class I-A-P, Class I-A-V
and 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 A (or Exhibit D in the case of the Class R-I Certificates), each such
Certificate (other than the Class I-A-V and Class R-I Certificates) evidencing
an interest designated
-12-
as a "regular interest" in REMIC IV for purposes of the REMIC Provisions and
representing an undivided interest in Loan Group I.
Group I 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 Group I Senior Certificates
(other than the Class I-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 related Discount Mortgage Loan) in Loan Group I
immediately prior to such Distribution Date.
Group I Senior Principal Distribution Amount: As to any Distribution
Date, the lesser of (a) the balance of the Available Distribution Amount related
to Loan Group I remaining after the distribution therefrom of all amounts
required to be distributed therefrom pursuant to Section 4.02(a)(i)(X) and
Section 4.02(a)(ii)(X) of this Series Supplement, and (b) the sum of the amounts
required to be distributed therefrom to the Group I Senior Certificateholders on
such Distribution Date pursuant to Section 4.02(a)(ii)(Y).
Group I Subordination Amount or Group II Subordination Amount: With
respect to any date of determination and the Group I Loans or Group II Loans,
the excess of the aggregate Stated Principal Balance of the related mortgage
loans over the aggregate Certificate Principal Balance of the related Senior
Certificates.
Group I/II Fraud Loss Amount: As of any date of determination after the
Cut-off Date, an amount equal to: (X) prior to the third anniversary of the
Cut-off Date, an amount equal to 1.00% of the aggregate outstanding principal
balance of all of the Group I Loans and Group II Loans as of the Cut-off Date
minus the aggregate amount of Fraud Losses with respect to Group I Loans and
Group II Loans allocated through Subordination in accordance with Section 4.05
since the Cut-off Date up to such date of determination and (Y) from the third
to the fifth anniversary of the Cut-off Date, an amount equal to (1) the lesser
of (a) the Group I/Group II Fraud Loss Amount as of the most recent anniversary
of the Cut-off Date and (b) 0.50% of the aggregate outstanding principal balance
of all of the Group I Loans and Group II Loans as of the most recent anniversary
of the Cut-off Date minus (2) the aggregate amount of Fraud Losses with respect
to Group I Loans and Group II Loans allocated through Subordination 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 Group I/Group II Fraud Loss Amount shall be zero.
The Group I/II 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.
-13-
Group I/II Special Hazard Amount: As of any Distribution Date, an amount
equal to $3,721,729 minus the sum of (i) the aggregate amount of Special Hazard
Losses allocated solely to one or more specific Classes of related Certificates
in accordance with Section 4.05 of this Series Supplement plus any Excess
Special Hazard Losses on the non-related Mortgage Loans allocated to the related
group as set forth in Section 4.05 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 greatest of (i) twice the outstanding principal balance of the
Mortgage Loan in Loan Group I or Loan Group II which has the largest outstanding
principal balance on the Distribution Date immediately preceding such
anniversary, (ii) the product of 1.00% multiplied by the outstanding principal
balance of all Mortgage Loans in Loan Group I and Loan Group II on the
Distribution Date immediately preceding such anniversary and (iii) the aggregate
outstanding principal balance (as of the immediately preceding Distribution
Date) of the Group I Loans and Group II Loans in any single five-digit
California zip code area with the largest amount of Group I Loans and Group II
Loans by aggregate principal balance as of such anniversary and (B) the greater
of (i) the product of 0.50% multiplied by the outstanding principal balance of
all Mortgage Loans in Loan Group I and Loan Group II 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 in Loan
Group I and Loan Group II 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 in Loan
Group I and Loan Group II, expressed as a percentage, and the denominator of
which is equal to 50% (which percentage is equal to the percentage of Mortgage
Loans in Loan Group I and Loan Group II 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 in Loan Group I and Loan Group II secured by
a Mortgaged Property located in the State of California.
The Group I/II 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.
Group II Loans: The Mortgage Loans designated in Exhibit Two.
Group II Senior Accelerated Distribution Percentage: With respect to any
Distribution Date occurring on or prior to the 60th Distribution Date, 100%.
With respect to any Distribution Date thereafter and Loan Group II, as follows:
-14-
(i) for any Distribution Date after the 60th Distribution Date but on
or prior to the 72nd Distribution Date, the Group II 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 Group II 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 Group II 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 Group II 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 Group II Senior
Percentage for such Distribution Date;
provided, however,
(i) that any scheduled reduction to the Group II 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 Group II Loans
and Group I Loans delinquent 60 days or more averaged over the last six
months, as a percentage of the aggregate outstanding Certificate
Principal Balance of the related Subordinate Certificates, is less than
50% or (Y) the outstanding principal balance of Group II Loans and Group
I Loans delinquent 60 days or more averaged over the last six months, as
a percentage of the aggregate outstanding principal balance of all Group
II Loans and Group I Loans averaged over the last six months, does not
exceed 2% and (2) Realized Losses on the Group II Loans and Group I
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 related
Subordinate Certificates or
(b)(1) the outstanding principal balance of Group II Loans and
Group I Loans delinquent 60 days or more averaged over the last six
months, as a percentage of the aggregate outstanding principal balance
of all Group II Loans and Group I Loans averaged over the last six
months, does not exceed 4% and (2) Realized Losses on the Group II Loans
and Group I 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 related Subordinate Certificates, and
-15-
(ii) that for any Distribution Date on which the weighted average of
the Group II Senior Percentage and Group I Senior Percentage,
weighted on the basis of the Stated Principal Balance of the
Mortgage Loans in the related Loan Group (other than the related
Discount Fraction of the Discount Mortgage Loans) is greater than
the weighted average of the Group II Senior Percentage and Group
I Senior Percentage, weighted on the basis of the Stated
Principal Balance of the Mortgage Loans in the related Loan Group
(other than the related Discount Fraction of the Discount
Mortgage Loans) as of the Closing Date, the Group II Senior
Accelerated Distribution Percentage for such Distribution Date
shall be 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal
Balances of the Group II Senior Certificates (other than the Class II-A-P
Certificates, if any) to zero, the Group II Senior Accelerated Distribution
Percentage shall thereafter be 0%.
Group II Senior Certificate: Any one of the Class II-A-1, Class II-A-2,
Class II-A-3, Class II-A-4, Class II-A-5, Class II-A-6, Class II-A-P, Class
II-A-V and 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 A (or Exhibit D in the case of the Class R-II Certificates),
each such Certificate (other than the Class II-A-V Certificates and Class R-II
Certificates) representing an interest designated as a "regular interest" in
REMIC III for purposes of the REMIC Provisions, and representing an undivided
interest in Loan Group II.
Group II 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 Group II Senior Certificates
(other than the Class II-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 related Discount Mortgage Loan) in Loan Group
II immediately prior to such Distribution Date.
Group II Senior Principal Distribution Amount: As to any Distribution
Date, the lesser of (a) the balance of the Available Distribution Amount related
to Loan Group II remaining after the distribution therefrom of all amounts
required to be distributed therefrom pursuant to Section 4.02(a)(i)(Y) and
Section 4.02(a)(ii)(X) of this Series Supplement, and (b) the sum of the amounts
required to be distributed therefrom to the Group II Senior Certificateholders
on such Distribution Date pursuant to Section 4.02(a)(ii)(Y) and Section
4.02(a)(xvii).
Group III Fraud Loss Amount: As of any date of determination after the
Cut-off Date, an amount equal to: (X) prior to the third anniversary of the
Cut-off Date, an amount equal to 1.0% of the aggregate outstanding principal
balance of all of the Group III Loans as of the Cut-off Date minus the aggregate
amount of Fraud Losses allocated solely to one or more specific Classes of
related Certificates in accordance with Section 4.05 of this Series Supplement
since the Cut-off Date up to such date of determination plus any Excess Fraud
Losses on the non-related Mortgage Loans allocated to the related group as set
forth in Section 4.05 and (Y) from the third to the fifth anniversary of the
Cut-off Date, an amount equal to (1) the lesser of (a) the Group III Fraud Loss
-16-
Amount as of the most recent anniversary of the Cut-off Date and (b) 0.5% of the
aggregate outstanding principal balance of all of the Group III 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 related
Certificates in accordance with Section 4.05 of this Series Supplement since the
most recent anniversary of the Cut-off Date up to such date of determination
plus any Excess Fraud Losses on the non-related Mortgage Loans allocated to the
related group as set forth in Section 4.05. On and after the fifth anniversary
of the Cut-off Date, the Group III Fraud Loss Amount shall be zero.
The Group III 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.
Group III Loans: The Mortgage Loans designated in Exhibit Three.
Group III Senior Accelerated Distribution Percentage: With respect to
any Distribution Date occurring on or prior to the 60th Distribution Date, 100%.
With respect to any Distribution Date thereafter and Loan Group III, as follows:
(i) for any Distribution Date after the 60th Distribution Date but on
or prior to the 72nd Distribution Date, the Group III 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 Group III 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 Group III 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 Group III 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 Group III Senior
Percentage for such Distribution Date;
provided, however,
-17-
(i) that any scheduled reduction to the Group III 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 Group III
Loans delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding Certificate Principal Balance of
the related Subordinate Certificates, is less than 50% or (Y) the
outstanding principal balance of Group III Loans delinquent 60 days or
more averaged over the last six months, as a percentage of the aggregate
outstanding principal balance of all Group III Loans averaged over the
last six months, does not exceed 2% and (2) Realized Losses on the Group
III 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 related Subordinate Certificates or
(b)(1) the outstanding principal balance of Group III Loans
delinquent 60 days or more averaged over the last six months, as a
percentage of the aggregate outstanding principal balance of all Group
III Loans averaged over the last six months, does not exceed 4% and (2)
Realized Losses on the Group III 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 related Subordinate Certificates,
and
(ii) that for any Distribution Date on which the Group III Senior
Percentage is greater than the Group III Senior Percentage as of
the Closing Date, the Group III Senior Accelerated Distribution
Percentage for such Distribution Date shall be 100%.
Notwithstanding the foregoing, upon the reduction of the Certificate Principal
Balances of the Group II Senior Certificates (other than the Class III-A-P
Certificates, if any) to zero, the Group III Senior Accelerated Distribution
Percentage shall thereafter be 0%.
Group III Senior Certificate: Any one of the Class III-A-1, Class
III-A-2, Class III-A-3, Class III-A-4, Class III-A-5, Class III-A-6, Class
III-A-7, Class III-A-P, Class III-A-V and Class R-III Certificates, executed by
the Trustee and authenticated by the Certificate Registrar substantially in the
form annexed to the Standard Terms as Exhibit A (or Exhibit D in the case of the
Class R-III Certificates), each such Certificate (other than the Class III-A-V
Certificates and Class R-III Certificates) representing an interest designated
as a "regular interest" in REMIC III for purposes of the REMIC Provisions, and
representing an undivided interest in Loan Group III.
Group III 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 Group III Senior Certificates
(other than the Class III-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 related Discount Mortgage Loan) in Loan Group
III immediately prior to such Distribution Date.
-18-
Group III Senior Principal Distribution Amount: As to any Distribution
Date, the lesser of (a) the balance of the Available Distribution Amount related
to Loan Group III remaining after the distribution therefrom of all amounts
required to be distributed therefrom pursuant to Section 4.02(a)(i)(Z) and
Section 4.02(a)(ii)(X) of this Series Supplement, and (b) the sum of the amounts
required to be distributed therefrom to the Group III Senior Certificateholders
on such Distribution Date pursuant to Section 4.02(a)(ii)(Y) and Section
4.02(a)(xvii).
Group III Special Hazard Amount: As of any Distribution Date, an amount
equal to $2,569,925 minus the sum of (i) the aggregate amount of Special Hazard
Losses allocated solely to one or more specific Classes of related Certificates
in accordance with Section 4.05 of this Series Supplement plus any Excess
Special Hazard Losses on the non-related Mortgage Loans allocated to the related
group as set forth in Section 4.05 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 greatest of (i) twice the outstanding principal balance of the
Mortgage Loan in Loan Group III which has the largest outstanding principal
balance on the Distribution Date immediately preceding such anniversary, (ii)
the product of 1.00% multiplied by the outstanding principal balance of all
Mortgage Loans in Loan Group III on the Distribution Date immediately preceding
such anniversary and (iii) the aggregate outstanding principal balance (as of
the immediately preceding Distribution Date) of the Group III Loans in any
single five-digit California zip code area with the largest amount of Group III
Loans by aggregate principal balance as of such anniversary and (B) the greater
of (i) the product of 0.50% multiplied by the outstanding principal balance of
all Mortgage Loans in Loan Group III 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 in Loan Group III
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 in Loan Group III, expressed as
a percentage, and the denominator of which is equal to 49.9% (which percentage
is equal to the percentage of Mortgage Loans in Loan Group III 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 in Loan Group III secured by a
Mortgaged Property located in the State of California.
The Group III 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.
-19-
Highest Priority: As of any date of determination, the Class of related
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 or Class III-M-1, Class M-2 or Class
III-M-2, Class M-3 or Class III-M-3, Class B-1 or Class III-B-1, Class B-2 or
Class III-B-2 and Class B-3 or Class III-B-3 Certificates.
Indirect Depository Participant: An institution that is not a Depository
Participant but clears through or maintains a custodial relationship with
Participants and has access to the Depository's clearing system.
Initial Monthly Payment Fund: $292,851 representing scheduled principal
amortization and interest at the Net Mortgage Rate during the month of June
2004, for those Mortgage Loans for which the Trustee will not be entitled to
receive such payment in accordance with the definition of "Trust Fund". The
Initial Monthly Payment Fund will not be part of any REMIC.
Initial Notional Amount: With respect to any Class A-V Certificates or
Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date
Principal Balance of the Mortgage Loans corresponding to the Uncertificated
Class A-V REMIC Regular Interests 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 in the
related Loan Group as of the Cut-off Date as follows:
Class M-1: 1.35% Class B-1: 0.20%
Class M-2: 0.45% Class B-2: 0.15%
Class M-3: 0.20% Class B-3: 0.10%
Class III-M-1: 0.50% Class III-B-1: 0.10%
Class III-M-2: 0.20% Class III-B-2: 0.05%
Class III-M-3: 0.15% Class III-B-3: 0.10%
Interest Only Certificates: Any one of the Class A-V Certificates. The
Interest Only Certificates will have no Certificate Principal Balance.
Interest Accrual Period: With respect to any Certificates and any
Distribution Date, the calendar month preceding the month in which such
Distribution Date occurs.
Loan Group: Loan Group I, Loan Group II or Loan Group III.
Loan Group I: The group of Mortgage Loans comprised of the Group I Loans.
Loan Group II: The group of Mortgage Loans comprised of the Group II Loans.
-20-
Loan Group III: The group of Mortgage Loans comprised of the Group III
Loans.
Lockout Certificates: The Class I-A-6, Class II-A-3 and Class III-A-1
Certificates.
Lockout Percentage: For any Distribution Date occurring prior to the
Distribution Date in July 2009, 0%. For any Distribution Date occurring after
the first five years following the Closing Date, a percentage determined as
follows: (i) for any Distribution Date during the sixth year after the Closing
Date, 30%; (ii) for any Distribution Date during the seventh year after the
Closing Date, 40%; (iii) for any Distribution Date during the eighth year after
the Closing Date, 60%; (iv) for any Distribution Date during the ninth year
after the Closing Date, 80%; and (v) for any Distribution Date thereafter, 100%.
Lower Priority: As of any date of determination and any Class of
Subordinate Certificates, any other Class of related Subordinate Certificates
then outstanding with a Certificate Principal Balance greater than zero, with
later priority for payments pursuant to Section 4.02(a).
Lowest Priority: As of any date of determination, the Class of related
Subordinate Certificates then outstanding with the latest priority for payments
pursuant to Section 4.02(a), in the following order: Class B-3 or Class III-B-3,
Class B-2 or Class III-B-2, Class B-1 or Class III-B-1, Class M-3 or Class
III-M-3, Class M-2 or Class III-M-2 and Class M-1 or Class III-M-1 Certificates.
Maturity Date: With respect to each Class of Group I Senior
Certificates, Group II Senior Certificates, Class M-1, Class M-2, Class M-3,
Class B-1, Class B-2 and Class B-3 Certificates, June 25, 2034, the Distribution
Date immediately following the latest scheduled maturity date of any Group I
Loan or Group II Loan. With respect to each Class of Group III Senior
Certificates, Class III-M Certificates and Class III-B Certificates, June 25,
2019, the Distribution Date immediately following the latest scheduled maturity
date of any Group III Loan.
Mortgage Loan Schedule: The list or lists of the Mortgage Loans attached
hereto as Exhibit One (with respect to the Group I Loans), Exhibit Two (with
respect to the Group II Loans) and Exhibit Three (with respect to the Group III
Loans) (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 in the related Loan Group:
(a) the Mortgage Loan identifying number ("RFC LOAN #");
(b) the maturity of the Mortgage Note ("MATURITY DATE");
(c) the Mortgage Rate ("ORIG RATE");
(d) the Subservicer pass-through rate ("CURR NET");
(e) the Net Mortgage Rate ("NET MTG RT");
(f) the Pool Strip Rate ("STRIP");
(g) the initial scheduled monthly payment of principal, if any, and
interest ("ORIGINAL P & I");
(h) the Cut-off Date Principal Balance ("PRINCIPAL BAL"); (i) the
Loan-to-Value Ratio at origination ("LTV");
-21-
(j) the rate at which the Subservicing Fee accrues ("SUBSERV FEE")
and at which the Servicing Fee accrues ("MSTR SERV FEE");
(k) a code "T," "BT" or "CT" under the column "LN FEATURE,"
indicating that the Mortgage Loan is secured by a second or
vacation residence;
(l) a code "N" under the column "OCCP CODE," indicating that the
Mortgage Loan is secured by a non-owner occupied residence; and
(m) whether such Mortgage Loan constitutes a Group I Loan, Group II
Loan or Group III Loan.
Such schedule may consist of multiple reports that collectively set forth all of
the information required.
Mortgage Pool Rate: With respect to Loan Group I, 5.50% per annum and
with respect to Loan Group II, 5.25% per annum.
Notional Amount: As of any Distribution Date, with respect to any Class
A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the
notional amount equal to the aggregate Stated Principal Balance of the Mortgage
Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests
represented by such Class or Subclass 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). For federal income tax purposes,
however, the Class A-V Certificates and any Subclass thereof will not accrue
interest on a Notional Amount, but will be entitled to 100% of the amounts
distributed on the Uncertificated Class A-V REMIC Regular Interests represented
by such Class or Subclass 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).
Pass-Through Rate: With respect to the Class A Certificates (other than
the Class A-V Certificates and Principal Only Certificates), Class III-M
Certificates, Class III-B Certificates and Class R Certificates and any
Distribution Date, the per annum rates set forth in the Preliminary Statement
hereto. With respect to any Class A-V Certificates or any Subclass thereof
issued pursuant to Section 5.01(c) 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 Class A-V REMIC Regular
Interests represented by such Class or 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 Due Date in the month preceding the month of such
Distribution Date). With respect to the Class I-A-V Certificates and the initial
Distribution Date, the Pass-Through Rate is equal to 0.0786% per annum. With
respect to the Class II-A-V Certificates and the initial Distribution Date, the
Pass-Through Rate is equal to 0.0972% per annum. With respect to the Class
III-A-V Certificates and the initial Distribution Date, the Pass- Through Rate
is equal to 0.0473% per annum. For federal income tax purposes, however, the
Class A-V Certificates will not have a pass-through rate, but will be entitled
to 100% of the amounts distributed on the Uncertificated Class A-V REMIC Regular
Interests represented by such Class or Subclass as of the day immediately
preceding such Distribution Date (or, with respect to the initial
-22-
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.
With respect to the Class M-1, Class M-2, Class M-3, Class B-1, Class
B-2 and Class B-3 Certificates, the weighted average of the Mortgage Pool Rates
for the Group I Loans and Group II Loans, weighted on the basis of the Group I
Subordination Amount and the Group II Subordination Amount, respectively. This
determination will be made as of the related distribution date prior to giving
effect to any distributions on the certificates on that date. The pass-through
rate on the Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3
Certificates with respect to the first interest accrual period is expected to be
approximately 5.368% per annum.
Pool Strip Rate: With respect to each Group I Loan, a per annum rate
equal to the Net Mortgage Rate of such Mortgage Loan minus 5.50%, but not less
than 0.00%, per annum. With respect to each Group II Loan, a per annum rate
equal to the Net Mortgage Rate of such Mortgage Loan minus 5.25%, but not less
than 0.00%, per annum. With respect to each Group III Loan, a per annum rate
equal to the Net Mortgage Rate of such Mortgage Loan minus 4.75%, but not less
than 0.00%, per annum.
Prepayment Assumption: A prepayment assumption of 250% of the prepayment
speed assumption, used for determining the accrual of original issue discount
and market discount and premium on the Certificates for federal income tax
purposes. The prepayment speed assumption assumes a constant rate of prepayment
of mortgage loans of 0.2% per annum of the then outstanding principal balance of
such mortgage loans in the first month of the life of the mortgage loans,
increasing by an additional 0.2% per annum in each succeeding month until the
thirtieth month, and a constant 6% per annum rate of prepayment thereafter for
the life of the mortgage loans.
Prepayment Distribution Percentage: With respect to any Distribution
Date and each Class of Subordinate Certificates for each Loan Group, under the
applicable circumstances set forth below, the respective percentages set forth
below:
(i) For any Distribution Date prior to the Distribution Date in
July 2009 (unless the Certificate Principal Balances of the related
Senior Certificates (other than the Class A-P Certificates) have been
reduced to zero), 0%.
(ii) For any Distribution Date for which clause (i) above does
not apply, and on which any Class of related Subordinate Certificates is
outstanding with a Certificate Principal Balance greater than zero:
(a) in the case of the Class of related 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
-23-
Class of related Subordinate Certificates then outstanding with
the Highest Priority and (2) all other Classes of related
Subordinate Certificates for which the respective Prepayment
Distribution Triggers have been satisfied; and
(b) in the case of each other Class of related Subordinate
Certificates for which the Prepayment Distribution Triggers have
not been satisfied, 0%; and
(iii) 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 related 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 related
Maturing Class or Classes pursuant to clause (a) of this sentence,
expressed as an aggregate percentage, shall be allocated among the
related Non-Maturing Classes in proportion to their respective
Recalculated Percentages (the portion of such aggregate reduction so
allocated to any related 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 related Maturing Class had
not been reduced to zero, plus (2) the related Adjustment Percentage.
Prepayment Distribution Trigger: With respect to any Distribution Date
and any Class of Subordinate Certificates (other than the Class M-1 or Class
III-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 related 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) in the related Loan Group 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 related Subordinate Certificates.
Principal Only Certificates: Any one of the Class I-A-3, I-A-P, Class
II-A-4, Class II-A-6, Class II-A-P or Class III-A-P Certificates.
-24-
Record Date: With respect to each Distribution Date and each Class of
Certificates, the close of business on the last business day of the month next
preceding the month in which the related Distribution Date occurs.
Relief Act: The Servicemembers Civil Relief Act or similar legislation
or regulations as in effect from time to time.
Relief Act Shortfalls: Shortfalls in interest payable by a Mortgagor
that is not collectable from the Mortgagor pursuant to the Relief Act.
REMIC I: The segregated pool of assets related to this Series, with
respect to which a REMIC election is to be made (except as provided below)
pursuant to this Agreement, consisting of:
(i) the Group I Loans, Group II Loans and the related Mortgage Files
and collateral securing such Group I Loans and Group II Loans,
(ii) all payments on and collections in respect of the Group I Loans
and Group II 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, but not including
amounts on deposit in the Initial Monthly Payment Fund,
(iii) property that secured a Group I Loan or Group II 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, related to Group I Loans or Group II Loans, and
(v) all proceeds of clauses (i) through (iv) above.
Notwithstanding the foregoing, the REMIC election with respect to REMIC
I specifically excludes the Initial Monthly Payment Fund.
REMIC I Certificates: The Class R-I Certificates.
REMIC I Regular Interests: The uncertificated partial undivided
beneficial ownership interests in REMIC I, designated as REMIC I Regular
Interests I-SUB, I-ZZZ, II-SUB, II-ZZZ, I-A- P, I-A-V, II-A-P and II-A-V.
REMIC I Regular Interests I-A-V: The 267 uncertificated partial
undivided beneficial ownership interests in the Trust Fund, each relating to a
Group I Loan with a Net Mortgage Rate in
-25-
excess of 5.50%, each having no principal balance and each bearing interest at
the respective Uncertificated REMIC I Pass-Through Rate on the respective
Uncertificated Notional Amount.
REMIC I Regular Interests II-A-V: The 354 uncertificated partial
undivided beneficial ownership interests in the Trust Fund, each relating to a
Group II Loan with a Net Mortgage Rate in excess of 5.25%, each having no
principal balance and each bearing interest at the respective Uncertificated
REMIC I Pass-Through Rate on the respective Uncertificated Notional Amount.
REMIC I Subordinated Balance Ratio: The ratio between the principal
balances of each of the REMIC I Regular Interests ending with the designation
"SUB," equal to the ratio of: (1) the Group I Subordinate Amount, to the (2)
Group II Subordinate Amount.
REMIC II: The segregated pool of assets related to this Series, with
respect to which a REMIC election is to be made (except as provided below)
pursuant to this Agreement, consisting of:
(i) the Group III Loans and the related Mortgage Files and collateral
securing such Group III Loans,
(ii) all payments on and collections in respect of the Group III 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, but not including amounts on deposit
in the Initial Monthly Payment Fund,
(iii) property that secured a Group III 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, related to Group III Loans and
(v) all proceeds of clauses (i) through (iv) above.
Notwithstanding the foregoing, the REMIC election with respect to REMIC
II specifically excludes the Initial Monthly Payment Fund.
REMIC II Certificates: The Class R-II Certificates.
REMIC II Regular Interests: The uncertificated partial undivided
beneficial ownership interests in REMIC II, designated as REMIC II Regular
Interest III-A, REMIC II Regular Interest III- A-P, REMIC II Regular Interests
III-A-V and REMIC II Regular Interests R-III.
REMIC II Regular Interests III-A-V: The 118 uncertificated partial
undivided beneficial ownership interests in the Trust Fund, each relating to a
Group III Loan with a Net Mortgage Rate
-26-
in excess of 4.75%, each having no principal balance and each bearing interest
at the respective Uncertificated REMIC II Pass-Through Rate on the respective
Uncertificated Notional Amount.
REMIC III: The segregated pool of assets consisting of the REMIC I
Regular Interests and REMIC II Regular Interests conveyed in trust to the
Trustee for the benefit of the holders of the Class I-A-1, Class I-A-2, Class
I-A-3, Class I-A-4, Class I-A-5, Class I-A-6, Class II-A-1, Class II-A-2, Class
II-A-3, Class II-A-4, Class II-A-5, Class II-A-6, Class III-A-1, Class III-A-2,
Class III-A-3, Class III-A-4, Class III-A-5, Class III-A-6, Class III-A-7, Class
I-A-P, Class II-A-P, Class I-A-V, Class II-A-V, Class III-A-P, Class III-A-V,
Class M-1, Class M-2, Class M-3, Class III-M-1, Class III-M-2, Class III-M-3,
Class B-1, Class B-2, Class B-3, Class III-B-1, Class III-B-2, Class III-B-3 and
Class R-III Certificates with respect to which a separate REMIC election is to
be made. The REMIC election with respect to REMIC III specifically excludes the
Initial Monthly Payment Fund.
REMIC III Certificates: Class I-A-1, Class I-A-2, Class I-A-3, Class
I-A-4, Class I-A-5, Class I-A-6, Class II-A-1, Class II-A-2, Class II-A-3, Class
II-A-4, Class II-A-5, Class II-A-6, Class III-A-1, Class III-A-2, Class III-A-3,
Class III-A-4, Class III-A-5, Class III-A-6, Class III-A-7, Class I-A-P, Class
II-A-P, Class I-A-V, Class II-A-V, Class III-A-P, Class III-A-V, Class M-1,
Class M-2, Class M-3, Class III-M-1, Class III-M-2, Class III-M-3, Class B-1,
Class B-2, Class B-3, Class III- B-1, Class III-B-2, Class III-B-3 and Class
R-III Certificates.
Scheduled Final Distribution Date: With respect to the Class I-A, Class
II-A, Class R-I, Class R-II, Class M-1, Class M-2 and Class M-3 Certificates,
June 25, 2034. With respect to the Class III- A, Class R-III and Class III-M
Certificates, June 25, 2019.
Senior Accelerated Distribution Percentage: The Group I Senior
Accelerated Distribution Percentage with respect to Loan Group I, the Group II
Senior Accelerated Distribution Percentage with respect to Loan Group II or the
Group III Senior Accelerated Distribution Percentage with respect to Loan Group
III.
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, respectively.
Senior Percentage: The Group I Senior Percentage with respect to Loan
Group I, the Group II Senior Percentage with respect to Loan Group II or the
Group III Senior Percentage with respect to Loan Group III.
Senior Principal Distribution Amount: The Group I Senior Principal
Distribution Amount, Group II Senior Principal Distribution Amount or Group III
Senior Principal Distribution Amount.
Senior Support Certificates: The Class III-A-7 Certificates.
Special Hazard Amount: The Group I/II Special Hazard Amount or the Group
III Special Hazard Amount.
-27-
Subordinate Certificate: With respect to Loan Group I and Loan Group II,
any one of the Class X-0, Xxxxx X-0, Class M-3, Class B-1, Class B-2, Class B-3
Certificates, executed by the Trustee and authenticated by the Certificate
Registrar substantially in the form annexed hereto as Exhibit B and Exhibit C,
respectively. With respect to Loan Group III, any one of the Class III-M
Certificates or Class III-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) in the related Loan Group (other than
the related Discount Fraction of each related Discount Mortgage Loan)
immediately prior to such Distribution Date.
Subordinate Percentage: As of any Distribution Date and any Loan Group,
100% minus the related Senior Percentage as of such Distribution Date.
Subordinate Principal Distribution Amount: With respect to any
Distribution Date and Loan Group and each Class of related Subordinate
Certificates, (a) the sum of (i) the product of (x) the related Subordinate
Percentage for such Class, and (y) the aggregate of the amounts calculated for
such Distribution Date under clauses (1), (2) and (3) of Section
4.02(a)(ii)(Y)(A) of this Series Supplement (without giving effect to the
related Senior Percentage) to the extent not payable to the related Senior
Certificates; (ii) such Class's pro rata share, based on the Certificate
Principal Balance of each Class of related Subordinate Certificates then
outstanding, of the principal collections described in Section
4.02(a)(ii)(Y)(B)(b) of this Series Supplement (without giving effect to the
related Senior Accelerated Distribution Percentage) to the extent such
collections are not otherwise distributed to the related Senior Certificates;
(iii) the product of (x) the related Prepayment Distribution Percentage and (y)
the aggregate of all Principal Prepayments in Full on Mortgage Loans in the
related Loan Group received in the related Prepayment Period and Curtailments on
Mortgage Loans in the related Loan Group received in the preceding calendar
month (other than the related Discount Fraction of such Principal Prepayments in
Full and Curtailments with respect to a related Discount Mortgage Loan) to the
extent not payable to the related Senior Certificates; (iv) if such Class is the
Class of related Subordinate Certificates with the Highest Priority, any related
Excess Subordinate Principal Amount for such Distribution Date; 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
related Subordinate Certificates (other than any principal distributions
otherwise payable to such Certificates and applied as part of a Diverted Amount
on any Distribution Date); minus (b) the sum of (i) with respect to the Class of
related Subordinate Certificates with the Lowest Priority, any related Excess
Subordinate Principal Amount for such Distribution Date; and (ii) the related
Capitalization Reimbursement Amount for such Distribution Date, other than the
related Discount Fraction of any portion of that amount related to each related
Discount Mortgage Loan, multiplied by a fraction, the numerator of which is the
Subordinate Principal Distribution Amount for such
-28-
Class of related 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 related Classes of Class A Certificates (other than the related
Class A-P Certificates), without giving effect to any reductions for the related
Capitalization Reimbursement Amount.
Super Senior Certificates: Any of the Class III-A-1, Class III-A-2,
Class III-A-3, Class III-A- 4, Class III-A-5 or Class III-A-6 Certificates.
Super Senior Optimal Percentage: As to any Distribution Date on or after
the Credit Support Depletion Date for Loan Group III and with respect to each
Class of Super Senior Certificates, a fraction, expressed as a percentage, the
numerator of which is the Certificate Principal Balance of such Class of Super
Senior Certificates immediately prior to such Distribution Date and the
denominator of which is the aggregate Certificate Principal Balance of the Group
III Senior Certificates (other than the Class III-A-P Certificates) immediately
prior to such Distribution Date.
Super Senior Optimal Principal Distribution Amount: As to any
Distribution Date on or after the Credit Support Depletion Date for Loan Group
III and with respect to each Class of Super Senior Certificates, the product of
(a) the then-applicable Super Senior Optimal Percentage and (b) the Group III
Senior Principal Distribution Amount.
Trust Fund: REMIC I, REMIC II, REMIC III and the Initial Monthly Payment
Fund.
Uncertificated Accrued Interest: With respect to each Uncertificated
Regular Interest for any Distribution Date, one month's interest at the related
Uncertificated Pass-Through Rate for such Distribution Date, accrued on the
related Uncertificated Principal Balance or Uncertificated Notional Amount, as
the case may be, immediately prior to such Distribution Date. Uncertificated
Accrued Interest for the REMIC I Regular Interests, REMIC II Regular Interests
and Uncertificated Class A-V REMIC Regular Interests shall accrue on the basis
of a 360-day year consisting of twelve 30-day months.
Uncertificated Class A-V REMIC Regular Interests: The Uncertificated
Class I-A-V REMIC Regular Interests, the Uncertificated Class II-A-V REMIC
Regular Interests and the Uncertificated Class III-A-V REMIC Regular Interests.
Uncertificated Class A-V REMIC Pass-Through Rate: Each Uncertificated
Class A-V REMIC Regular Interest will not have a Pass-Through Rate, but
Uncertificated Accrued Interest in respect thereof will be equal to 100% of the
amounts distributed on the related Uncertificated REMIC I Regular Interest
I-A-V, Uncertificated REMIC I Regular Interest II-A-V or Uncertificated REMIC II
Regular Interests III-A-V, as the case may be.
Uncertificated Class A-V REMIC Regular Interest Distribution Amount:
With respect to any Distribution Date, the sum of the amounts deemed to be
distributed on the Uncertificated Class A-V REMIC Regular Interests for such
Distribution Date pursuant to Section 10.05(a).
-29-
Uncertificated Class I-A-V REMIC Regular Interests: The 267
uncertificated partial undivided beneficial ownership interests in the Trust
Fund, each relating to a Group I Loan with a Net Mortgage Rate in excess of
5.50%, each having no principal balance and each bearing interest at the
respective Uncertificated Pass-Through Rate on the respective Uncertificated
Notional Amount.
Uncertificated Class II-A-V REMIC Regular Interests: The 354
uncertificated partial undivided beneficial ownership interests in the Trust
Fund, each relating to a Group II Loan with a Net Mortgage Rate in excess of
5.25%, each having no principal balance and each bearing interest at the
respective Uncertificated Pass-Through Rate on the respective Uncertificated
Notional Amount.
Uncertificated Class III-A-V REMIC Regular Interests: The 118
uncertificated partial undivided beneficial ownership interests in the Trust
Fund, each relating to a Group III Loan with a Net Mortgage Rate in excess of
4.75%, each having no principal balance and each bearing interest at the
respective Uncertificated Pass-Through Rate on the respective Uncertificated
Notional Amount.
Uncertificated Notional Amount: With respect to each REMIC I Regular
Interest I-A-V, REMIC I Regular Interest II-A-V and REMIC II Regular Interest
III-A-V, a notional amount equal to the Stated Principal Balance of the related
Group I Loan, Group II Loan or Group III Loan, respectively, 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). Each
Uncertificated Class I- A-V REMIC Regular Interest, Uncertificated Class II-A-V
REMIC Regular Interest and Uncertificated Class III-A-V REMIC Regular Interest
will not have an Uncertificated Notional Amount, but Uncertificated Accrued
Interest for such regular interests will be equal to 100% of the amounts
distributed on the related REMIC I Regular Interest I-A-V, REMIC II Regular
Interest II-A- V or REMIC III Regular Interest III-A-V, respectively.
Uncertificated Pass-Through Rate: The Uncertificated REMIC I
Pass-Through Rate, Uncertificated REMIC II Pass-Through Rate and Uncertificated
Class A-V REMIC Pass-Through Rate.
Uncertificated Principal Balance: The principal amount of any REMIC I
Regular Interest (other than any REMIC I Regular Interest I-A-V and REMIC I
Regular Interest II-A-V) or REMIC II Regular Interest (other than any REMIC II
Regular Interest III-A-V) outstanding as of any date of determination. The
Uncertificated Principal Balance of each such REMIC I Regular Interest or REMIC
II Regular Interest shall never be less than zero.
Uncertificated Regular Interests: The REMIC I Regular Interests REMIC II
Regular Interests and the Uncertificated Class A-V REMIC Regular Interests.
Uncertificated REMIC I Pass-Through Rate: With respect to REMIC I Regular
Interests I- SUB, I-ZZZ and I-A-P, a per annum rate equal to 5.50%, 5.50% and
0.00%, respectively. With
-30-
respect to REMIC I Regular Interests II-SUB, II-ZZZ and II-A-P, a per annum rate
equal to 5.25%, 5.25% and 0.00%, respectively. With respect to each REMIC I
Regular Interest I-A-V and each REMIC I Regular Interest II-A-V, a per annum
rate equal to the Pool Strip Rate for the related Mortgage Loan.
Uncertificated REMIC II Pass-Through Rate: With respect to REMIC II
Regular Interests III-A, R-III and III-A-P, a per annum rate equal to 4.75%,
4.75% and 0.00% respectively. With respect to each REMIC III Regular Interest
III-A-V, a per annum rate equal to the Pool Strip Rate for the related Mortgage
Loan.
Underwriter: Each of Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated,
Bear, Xxxxxxx & Co. Inc. and Residential Funding Securities Corporation.
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.
-31-
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 Exhibits One, Two and
Three hereto with respect to each Mortgage Loan or the Mortgage
Loans, as the case may be, in Loan Group I, Loan Group II and
Loan Group III, respectively, 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, 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, in the case of the Group I Loans and Group II
Loans, or 15 years, the case of the Group III Loans;
(iv) To the best of the Company's knowledge, 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 that (I) in
the case of the Group I Loans and Group II Loans (a) 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%, (b) at least 25% of such balance if the Loan- to-Value
Ratio is between 90.00% and 85.01%, and (c) at least 12% of such
balance if the Loan-to-Value Ratio is between 85.00% and 80.01%
and (II) in the case of the Group III Loans (a) at least 25% of
the Stated Principal Balance of the Mortgage
-32-
Loan at origination if the Loan-to-Value Ratio is between 95.00%
and 90.01%, (b) at least 12% of such balance if the Loan-to-Value
Ratio is between 90.00% and 85.01%, and (c) at least 6% 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 1.1% of the Group I 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 1.1% of the Group I 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. No more than 1.1% of the Group II 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 0.8% of the Group II 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. No more than 1.7% of the Group III 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 0.9% of the Group III 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) No more than18.32% of the Group I Loans, no more than
22.51% of the Group II Loans and no more than 34.10% of the Group
III Loans, by aggregate
-33-
Stated Principal Balance as of the Cut-off Date, were
underwritten under a reduced loan documentation program;
(x) Each Mortgagor represented in its loan application
with respect to the related Mortgage Loan that the Mortgaged
Property would be owner-occupied and therefore would not be an
investor property as of the date of origination of such Mortgage
Loan. No Mortgagor is a corporation or a partnership;
(xi) None of the Group I Loans, Group II Loans or Group
III Loans as of the Cut-off Date are Buydown Mortgage Loans;
(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);
(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) None of the Mortgage Loans 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 contains in the related
Mortgage File a Destroyed Mortgage Note; and
(xviii)None of the Mortgage Loans are Pledged Asset Loans
or Additional Collateral Loans.
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
-34-
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. Notwithstanding the foregoing,
the Company shall not be required to cure breaches or purchase or substitute for
Mortgage Loans as provided in this Section 2.03(b) if the substance of the
breach of a representation set forth above also constitutes fraud in the
origination of the Mortgage Loan.
Section 2.04 Representations and Warranties of Sellers (See Section 2.04
of the Standard Terms).
Section 2.05 Execution and Authentication of 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, 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 Certificates in authorized denominations which evidence
ownership of the entire Trust Fund.
-35-
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
(SEE ARTICLE III OF THE STANDARD TERMS)
-36-
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 (x) the Master Servicer on behalf
of the Trustee or (y) 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, the amount required to be
distributed to the Master Servicer or a Sub-Servicer 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 respecting
the final distribution), either (1) 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 (2) 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) below and subject
further to the provisions of Section 4.05 in respect of any Diverted
Amounts), in each case to the extent of the related Available
Distribution Amount:
(i) (X) from the Available Distribution Amount related to
the Group I Loans, to the Group I Certificates (other than the
Class I-A-P Certificates), on a pro rata basis based on the
Accrued Certificate Interest payable on such Classes of
Certificates (or Subclasses, if any, with respect to the Class
I-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) (the "Group I Senior Interest Distribution
Amount"); and
(Y) from the Available Distribution Amount related
to the Group II Loans, to the Group II Certificates (other than
the Class II-A-P Certificates), on a pro rata basis based on
Accrued Certificate Interest payable on such Classes of
Certificates (or Subclasses, if any, with respect to the Class
II-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) (the "Group II Senior Interest Distribution
Amount");
-37-
(Z) from the Available Distribution Amount related
to the Group III Loans, to the Group III Certificates (other than
the Class III-A-P Certificates), on a pro rata basis based on
Accrued Certificate Interest payable on such Classes of
Certificates (or Subclasses, if any, with respect to the Class
III-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) (the "Group III Senior Interest
Distribution Amount"); and
(ii) (X) to the Class I-A-P Certificates, the Class I-A-P
Principal Distribution Amount (as defined in Section 4.02(b)(i)
herein), to the Class II-A-P Certificates, the Class II-A-P
Principal Distribution Amount and to the Class III-A-P
Certificates, the Class III-A-P Principal Distribution Amount (as
defined in Section 4.02(b)(i) herein); and
(Y) to the related Senior Certificates (other than
the Class A-P Certificates), in the priorities and amounts
set forth in Section 4.02(b)(ii) through Section 4.02(g),
the sum of the following (applied to reduce the
Certificate Principal Balances of such Senior
Certificates, as applicable):
(A) the related 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)
in the related Loan Group, whether or not received
on or prior to the related Determination Date,
minus the principal portion of any related 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 in such Loan Group) which together
with other related Bankruptcy Losses exceeds the
related Bankruptcy Amount;
(2) the Stated Principal Balance of any
Mortgage Loan in the related Loan Group 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 Sections
2.02, 2.04 or 4.07 of the Standard Terms and
Section 2.03 of the Standard Terms and this Series
Supplement, and the amount of any shortfall
deposited in the Custodial Account in connection
with the substitution of a Deleted Mortgage Loan
from the related Loan Group
-38-
pursuant to Section 2.04 of the Standard Terms or
Section 2.03 of the Standard Terms and this Series
Supplement, 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 in such Loan Group);
and
(3) the principal portion of all other
unscheduled collections with respect to the related
Loan Group (other than Principal Prepayments in
Full and Curtailments and amounts received in
connection with a Cash Liquidation or REO
Disposition of a Mortgage Loan in such Loan Group
described in Section 4.02(a)(ii)(Y)(B) of this
Series Supplement, including without limitation any
related 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 in the
related Loan Group 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 related
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 related 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 Section 4.02(b)(i)(C)
of this Series Supplement);
(C) the related 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 with respect to
the related Loan Group received in the preceding calendar
month (other
-39-
than the related Discount Fraction of such Principal
Prepayments in Full and Curtailments, with respect to each
Discount Mortgage Loan);
(D) any related Excess Subordinate Principal Amount
for such Distribution Date;
(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 related Subordinate
Certificates; minus
(F) the related 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 in the related Loan Group,
multiplied by a fraction, the numerator of which is the
related Senior Principal Distribution Amount, without
giving effect to this clause (G), and the denominator of
which is the sum of the principal distribution amounts for
all related Classes of Class A Certificates (other than
the related Class A-P Certificates) without giving effect
to any reductions for the related Capitalization
Reimbursement Amount;
(iii) if the Certificate Principal Balances of the
Subordinate Certificates relating to a Loan Group 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 related 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 or Class
III-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 or Class
III-M-1 Certificates, an amount equal to (x) the related
Subordinate Principal Distribution Amount for such Class of
Certificates for such Distribution Date, minus (y) the amount of
any related 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
-40-
(xv) of this Series Supplement are insufficient therefor, applied
in reduction of the Certificate Principal Balance of the Class
M-1 Certificates or Class III-M-1 Certificates;
(vi) to the Holders of the Class M-2 Certificates or Class
III-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 or
Class III-M-2 Certificates, an amount equal to (x) the related
Subordinate Principal Distribution Amount for such Class of
Certificates for such Distribution Date, minus (y) the amount of
any related 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) of this Series
Supplement are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class M-2 Certificates or
Class III-M-2 Certificates, as applicable;
(viii) to the Holders of the Class M-3 Certificates or
Class III-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 related Class M-3 Certificates
or Class III-M-3 Certificates, an amount equal to (x) the related
Subordinate Principal Distribution Amount for such Class of
Certificates for such Distribution Date minus (y) the amount of
any related 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) of this Series
Supplement are insufficient therefor, applied in reduction of the
Certificate Principal Balance of the Class M-3 Certificates or
Class III-M-3 Certificates, as applicable;
(x) to the Holders of the Class B-1 Certificates or Class
III-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 or Class
III-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 related Class
A-P Collection Shortfalls for such Distribution Date or remaining
unpaid for all previous Distribution Dates, to the extent the
amounts available
-41-
pursuant to clause (x) of Sections 4.02(a)(xiii), (xiv) and (xv)
of this Series Supplement are insufficient therefor, applied in
reduction of the Certificate Principal Balance of the Class B-1
Certificates or Class III-B-1 Certificates, as applicable;
(xii) to the Holders of the related Class B-2 Certificates
or Class III-B-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;
(xiii) to the Holders of the Class B-2 Certificates or
Class III-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 related 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) of this Series Supplement are
insufficient therefor, applied in reduction of the Certificate
Principal Balance of the Class B-2 Certificates or Class III-B-2
Certificates, as applicable;
(xiv) to the Holders of the Class B-3 Certificates or
Class III-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) of this Series Supplement
are insufficient therefor;
(xv) to the Holders of the Class B-3 Certificates or Class
III-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 related 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 or Class III-B-3 Certificates;
(xvi) to the Senior Certificates, in the priority set
forth in Section 4.02(b) of this Series Supplement, the portion,
if any, of the Available Distribution Amount for the related Loan
Group 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 related
Subordinate Certificates then outstanding beginning with such
Class with the Highest Priority, any portion of the related
Available Distribution Amount remaining after the related 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
-42-
outstanding Certificate Principal Balance of each such Class of
Subordinate Certificates; and
(xvii) to the Class R-III Certificates, the balance, if
any, of the Available Distribution Amount all three Loan Groups.
Notwithstanding the foregoing, on any Distribution Date, with respect to
the Class of related Subordinate Certificates outstanding on such Distribution
Date with the Lowest Priority, or in the event the related 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 related
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 occurring prior to the related Credit Support
Depletion Date will be made as follows:
(i) to the Class I-A-P, Class II-A-P and Class III-A-P
Certificates from the related Available Distribution Amount,
until the Certificate Principal Balance thereof is reduced to
zero, an amount (in the case of the Class I-A-P Certificates, the
"Class I-A-P Principal Distribution Amount," in the case of the
Class II-A-P Certificates, the "Class II-A-P Principal
Distribution Amount," and in the case of the Class III-A-P
Certificates, the "Class III-A-P Principal Distribution Amount,"
and collectively, the "Class A-P Principal Distribution Amount")
equal to the aggregate of:
(A) the related Discount Fraction of the principal
portion of each Monthly Payment on 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 related Bankruptcy Losses
exceeds the related Bankruptcy Amount;
(B) the related Discount Fraction of the principal
portion of all unscheduled collections on 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),
-43-
including Principal Prepayments in Full, Curtailments,
Subsequent Recoveries and repurchases (including deemed
repurchases under Section 3.07(b) of the Standard Terms)
of Discount Mortgage Loans in the related Loan Group (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 in the related
Loan Group 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 Discount
Mortgage Loan to the extent applied as recoveries of
principal;
(D) any amounts allocable to principal for the
related Loan Group for any previous Distribution Date
(calculated pursuant to clauses (A) through (C) above)
that remain undistributed; and
(E) the amount of any related Class A-P Collection
Shortfalls for such Distribution Date and the amount of
any such Class A-P Collection Shortfalls remaining unpaid
for all previous Distribution Dates, but only to the
extent of the Eligible Funds in the related Loan Group for
such Distribution Date; minus
(F) the related Discount Fraction of the portion of
the related Capitalization Reimbursement Amount for such
Distribution Date, if any, related to each related
Discount Mortgage Loan; and
(ii) the Group I Senior Principal Distribution Amount
shall be distributed to the Class R-I Certificates until the
Certificate Principal Balances thereof have been reduced to zero;
(iii) the balance of the Group I Senior Principal
Distribution Amount remaining after the distributions, if any,
described in clause (iii) above shall be distributed as follows:
(A) first, to the Class I-A-6 Certificates, in
reduction of the Certificate Principal Balance thereof, in
an amount equal to the Lockout Percentage of the Class
I-A-6 Certificates' pro rata share (based on the
Certificate Principal Balance thereof and the aggregate of
the Certificate Principal Balances of all of the Group I
Senior Certificates (other than the Class I-A-P
Certificates), and the Group I Subordination Amount) of
the
-44-
aggregate of the collections described in Section
4.02(a)(ii)(Y)(A), (B) and (C) without application of the
Group I Senior Percentage or the Group I Senior
Accelerated Distribution Percentage;
(B) second, to the Class I-A-1, Class I-A-4 and
Class I-A-5 Certificates concurrently as follows:
(0) 00.0000000000% to the Class I-A-1
Certificates, until the Certificate Principal
Balance thereof has been reduced to zero; and
(0) 00.0000000000% in the following manner
and priority:
(a) first, to the Class I-A-4
Certificates, until the Certificate
Principal Balance thereof has been reduced
to zero; and
(b) second, to the Class I-A-5
Certificates, until the Certificate
Principal Balance thereof has been reduced
to zero;
(c) third, concurrently, to the
Class I-A-2 Certificates and Class I-A-3
Certificates, on a pro rata basis, in each
case until the Certificate Principal Balance
thereof has been reduced to zero; and
(d) fourth, to the Class I-A-6
Certificates, until the Certificate
Principal Balance thereof has been reduced
to zero.
(iv) the Group II Senior Principal Distribution Amount
shall be distributed to the Class R-II Certificates, until the
Certificate Principal Balance thereof has been reduced to zero; and
(v) the balance of the Group II Senior Principal
Distribution Amount remaining after the distribution, if any, described
in clause (iv) above shall be distributed concurrently as follows:
(A) 8.6956523791% to the Class II-A-6 Certificates,
until the Certificate Principal Balance thereof has been
reduced to zero.
(B) 91.0000000000% in the following manner and
priority:
-45-
(1) first, to the Class II-A-3 Certificates,
in reduction of the Certificate Principal Balance
thereof, in an amount equal to the Lockout
Percentage of the Class II-A-3 Certificates' pro
rata share (based on the Certificate Principal
Balance thereof and the aggregate of the
Certificate Principal Balances of all of the Group
II Senior Certificates (other than the Class II-A-P
Certificates), and the Group II Subordination
Amount) of the aggregate of the collections
described in Section 4.02(a)(ii)(Y)(A), (B) and (C)
without application of the Group II Senior
Percentage or the Group II Senior Accelerated
Distribution Percentage;
(2) second, to the Class II-A-1
Certificates, until the Certificate Principal
Balance thereof has been reduced to zero;
(3) third, to the Class II-A-2 Certificates,
until the Certificate Principal Balance thereof has
been reduced to zero;
(4) fourth, concurrently, to the Class
II-A-4 Certificates and Class II-A-5 Certificates,
on a pro rata basis, in each case until the
Certificate Principal Balance thereof has been
reduced to zero; and
(5) fifth, to the Class II-A-3 Certificates,
until the Certificate Principal Balance thereof has
been reduced to zero.
(vi) the Group III Senior Principal Distribution Amount
shall be distributed to the Class R-III Certificates, until the
Certificate Principal Balance thereof has been reduced to zero; and
(vii) the balance of the Group III Senior Principal
Distribution Amount remaining after the distribution, if any, described
in clause (vi) above shall be distributed concurrently as follows:
(A) 0.0000000000% to the Class III-A-7
Certificates, until the Certificate Principal Balance
thereof has been reduced to zero.
(B) 99.0673756760% in the following manner and
priority:
(1) first, to the Class III-A-1
Certificates, in reduction of the Certificate
Principal Balance thereof, in an amount equal to
the Lockout Percentage of the Class III-A-1
Certificates' pro rata share (based on the
Certificate Principal Balance thereof and the
aggregate Certificate Principal Balance of all of
the Group III Senior Certificates (other than the
Class III-A-P Certificates), Class III-M
-46-
Certificates and Class III-B Certificates) of the
aggregate of the collections described in Section
4.02(a)(ii)(Y)(A), (B) and (C) without application
of the Group III Senior Percentage or the Group III
Senior Accelerated Distribution Percentage;
(2) second, to the Class III-A-2, Class
III-A-3, Class III-A- 4, Class III-A-5 and Class
III-A-6 Certificates, concurrently as follows:
(a) 50.0% in the following manner
and priority:
(I) first, to the Class
III-A-3 Certificates, until
the Certificate Principal
Balance thereof has been
reduced to zero; and
(II) second, to the Class
III-A-6 Certificates, until
the Certificate Principal
Balance thereof has been
reduced to zero; and
(b) 50.0% in the following manner
and priority:
(I) first, to the Class
III-A-4 Certificates, until
the Certificate Principal
Balance thereof has been
reduced to zero;
(II) second, to the Class
III-A-5 Certificates, until
the Certificate Principal
Balance thereof has been
reduced to zero; and
(III) third, to the Class
III-A-2 Certificates, until
the Certificate Principal
Balance thereof has been
reduced to zero; and
(3) third, to the Class III-A-1
Certificates, until the Certificate Principal
Balance thereof has been reduced to zero.
(c) With respect to the Group I Loans and Group II Loans, prior
to the occurrence of the Credit Support Depletion Date but after the
reduction of the Certificate Principal Balances of either the Group I
Senior Certificates or the Group II Senior Certificates to zero
(exclusive of the related Class A-P Certificates), the remaining Group I
Senior Certificates or Group II Senior Certificates, as applicable, will
be entitled to receive, in addition to any Principal Prepayments in Full
and Curtailments related to such Certificates' respective Loan Group,
100% of the Principal Prepayments in Full and Curtailments on the
Mortgage Loans
-47-
in the other Loan Group (exclusive of the related Discount Fraction
thereof), and in accordance with the priorities set forth in clause
4.02(b)(iii) or (v) above, and in reduction of the Certificate Principal
Balances thereof, on any Distribution Date unless (i) the weighted
average of the Subordinate Percentages for both Loan Groups, weighted on
the basis of the Stated Principal Balances of the Mortgage Loans in the
related Loan Group, is at least two times the weighted average of the
initial Subordinate Percentages for both Loan Groups (calculated on such
basis) and (ii) the outstanding principal balance of the Mortgage Loans
in both Loan Groups delinquent 60 days or more averaged over the last
six months, as a percentage of the aggregate outstanding Certificate
Principal Balance of the Class M-1, Class M-2, Class M-3, Class B-1,
Class B-2 and Class B-3 Certificates, is less than 50%. In addition, on
any Distribution Date prior to the Credit Support Depletion Date on
which the aggregate Certificate Principal Balance of either the Group I
Senior Certificates or the Group II Senior Certificates, as applicable,
is greater than the aggregate Stated Principal Balance of the Mortgage
Loans in the related Loan Group in each case after giving effect to
distributions to be made on such Distribution Date, (1) 100% of the
Principal Prepayments in Full and Curtailments allocable to the Class
M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3
Certificates on the Mortgage Loans in the other Loan Group will be
distributed to such Class or Classes (exclusive of the related Class AP
Certificates) of Group I Senior Certificates or Group II Senior
Certificates, as applicable, and in accordance with the priorities set
forth in clause 4.02(b)(iii) or (v) above, and in reduction of the
Certificate Principal Balances thereof, until the aggregate Certificate
Principal Balance of such Class or Classes of Certificates equals the
aggregate Stated Principal Balance of the Mortgage Loans in the related
Loan Group, and (2) an amount equal to one month's interest at the
applicable Pass-Through Rate for such Class or Classes of Certificates
on the amount of such difference will be distributed from the related
Available Distribution Amount for the other Loan Group allocable to the
Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3
Certificates first to pay any unpaid interest on such Class or Classes
of Certificates and then to pay principal on such Classes in the manner
described in (1) above.
(d) With respect to the Group I Loans and Group II Loans, on or
after the occurrence of the Credit Support Depletion Date, all
priorities relating to distributions as described in Section
4.02(b)(iii) or (v) above in respect of principal among the Senior
Certificates (other than the Class A-P Certificates) will be
disregarded, and (i) the remaining Group I Senior Principal Distribution
Amount will be distributed to the Group I Senior Certificates (other
than the Class I-A-P Certificates) pro rata in accordance with their
respective outstanding Certificate Principal Balances, (ii) the
remaining Group II Senior Principal Distribution Amount will be
distributed to the Group II Senior Certificates (other than the Class
II-A-P Certificates) pro rata in accordance with their respective
outstanding Certificate Principal Balances, (iii) the related Senior
Interest Distribution Amount will be distributed as described in Section
4.02(a)(i)(X) and (Y) and (iv) an amount equal to the related Discount
Fraction of the principal portion of scheduled payments and unscheduled
collections received or advanced in respect of related Discount Mortgage
Loans will be distributed to the Class I-A-P Certificates and Class
II-A-P Certificates, as applicable.
-48-
(e) Except as described in clause (c) above, after the reduction
of the Certificate Principal Balances of the Group I Senior Certificates
or Group II Senior Certificates (other than the related Class A-P
Certificates) to zero but prior to the Credit Support Depletion Date,
the related Senior Certificates (other than the related Class A-P
Certificates) will be entitled to no further distributions of principal
thereon and the related Available Distribution Amount will be paid
solely to the holders of the related Class A-P Certificates, the related
Class A-V Certificates and the Class M-1, Class M-2, Class M-3, Class
B-1, Class B-2 and Class B-3 Certificates, in each case as described
herein.
(f) With respect to the Group III Loans, on or after the
occurrence of the Credit Support Depletion Date, all priorities relating
to distributions as described in Section 4.02(b)(vii) above in respect
of principal among the Group III Senior Certificates (other than the
Class III-A-P Certificates) will be disregarded, and (i) the remaining
Group III Senior Principal Distribution Amount will be distributed to
the Group III Senior Certificates (other than the Class III-A-P
Certificates) pro rata in accordance with their respective outstanding
Certificate Principal Balances, (ii) the Group III Senior Interest
Distribution Amount will be distributed as described in Section
4.02(a)(i)(Z) and (iii) an amount equal to the Discount Fraction of the
principal portion of scheduled payments and unscheduled collections
received or advanced in respect of Group III Discount Mortgage Loans
will be distributed to the Class III-A-P Certificates.
(g) With respect to the Group III Loans, after the reduction of
the Certificate Principal Balances of the Group III Senior Certificates
(other than the Class III-A-P Certificates) to zero but prior to the
Credit Support Depletion Date, the Group III Senior Certificates (other
than the Class III-A-P Certificates) will be entitled to no further
distributions of principal thereon and the related Available
Distribution Amount will be paid solely to the holders of the Class
III-A-P Certificates, Class III-A-V Certificates, Class III-M
Certificates and Class III-B Certificates, in each case as described
herein.
(h) Notwithstanding the foregoing clauses (c) through (g), if, on
any Distribution Date, (1) Excess Special Hazard Losses and Excess Fraud
Losses on the Group I Loans or Group II Loans are allocated to any Class
III-B Certificates as described in Section 4.05(c) below, an amount
equal to the lesser of (a) the aggregate amount of such allocated Excess
Special Hazard Losses and Excess Fraud Losses and (b) the aggregate
amount of Principal Prepayments in Full and Curtailments on the Group
III Loans will be diverted to the Class I-A, Class I-A-P, Class I-A-V,
Class II-A, Class II-A-P, Class II-A-V, Class B-1, Class B-2 and Class
B-3 Certificates and shall be paid to such Certificates as a Principal
Prepayment in Full and (2) Excess Special Hazard Losses and Excess Fraud
Losses on the Group III Loans are allocated to any Class X-0, Xxxxx X-0,
Class M-3, Class B-1, Class B-2 or Class B-3 Certificates as described
in Section 4.05(c) below, an amount equal to the lesser of (a) the
aggregate amount of such allocated Excess Special Hazard Losses and
Excess Fraud Losses and (b) the aggregate amount of Principal
Prepayments in Full and Curtailments on the Group I Loans and Group II
Loans will be diverted to the Class III-A, Class III-A-P,
-49-
Class III-A-V, Class III-M and Class III-B Certificates and shall be
paid to such Certificates as a Principal Prepayment in Full.
(i) 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). 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 the Highest 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 the
Certificate Principal Balance of the Class of Certificates with the next
Lower Priority, up to the amount of such 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 the
Certificate Principal Balance of the Class of Certificates with the next
Lower Priority up to the amount of such 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 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.
(j) Each distribution with respect to a Book-Entry Certificate
shall be paid to the Depository, as Holder thereof, and the Depository
shall be 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" or "indirect participating 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 Depositor or the Master Servicer shall have
any responsibility therefor except as otherwise provided by this Series
Supplement or applicable law.
(k) Except as otherwise provided in Section 9.01, 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
-50-
after the end of the prior calendar month. In the event that
Certificateholders required to surrender their Certificates pursuant to
Section 9.01(c) 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).
Section 4.03 Statements to Certificateholders; Statements to 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 or Class III-B-3 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; second, to the
related Class B-2 Certificates or Class III-B- 2 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; third, to the
related Class B-1 Certificates or Class III-B-1 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; fourth, to the
related Class M-3 Certificates or Class III-M-3 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; fifth, to the
related Class M-2 Certificates or Class III-M-2 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; sixth, to the
related Class M-1 Certificates or Class III-M-1 Certificates until the
Certificate Principal Balance thereof has been reduced to zero; and, thereafter,
if any such Realized Losses are on a Discount Mortgage Loan, to the related
Class A-P Certificates in an amount equal to the related Discount Fraction of
the principal portion thereof, and the remainder of such Realized Losses on the
Discount Mortgage Loans and the entire amount of such Realized Losses on
Non-Discount Mortgage Loans shall be allocated (A) in the case of a Group I Loan
or Group II Loan, among the Group I Senior Certificates or Group II Senior
Certificates, as applicable (other than the Class I-A-V, Class I-A-P, Class
II-A-V and Class II-A-P Certificates) in the case of the principal portion of
such loss on a pro rata basis, and among the Group I Senior Certificates or
Group II Senior Certificates, as applicable (other than the Class I-A-3, Class
I-A-P, Class II-A-4, Class II-A-6 and Class II-A-P Certificates) in the case of
the interest portion of such loss on a pro rata basis, and (B) in the case of a
Group III Loan, among the Group III Senior Certificates (other than the Class
III-A-V Certificates and Class III-A-P Certificates) in the case of the
principal portion of such loss on a pro rata basis, and among the Group III
Senior Certificates (other than the Class III-A-P Certificates) in the case of
the interest portion of such loss on a pro rata
-51-
basis, provided, however, that any such Realized Losses otherwise allocable to
the Super Senior Certificates will be allocated to the Senior Support
Certificates until the Certificate Principal Balance thereof is reduced to zero,
(subject to Section 4.02(c)), as described below.
Any Extraordinary Losses and Excess Bankruptcy Losses (other than Debt
Service Reductions) with respect to the Group I Loans shall be allocated among
the Group I Senior Certificates, Class M-1, Class M-2, Class M-3, Class B-1,
Class B-2 and Class B-3 Certificates on a pro rata basis; provided that the
related Discount Fraction of the principal portion of an Extraordinary Loss or
an Excess Bankruptcy Loss on a related Discount Mortgage Loan shall be allocated
to the Class I-A-P Certificates. Any Extraordinary Losses and Excess Bankruptcy
Losses (other than Debt Service Reductions) with respect to the Group II Loans
shall be allocated among the Group II Senior Certificates, Class M-1, Class M-2,
Class M-3, Class B-1, Class B-2 and Class B-3 Certificates on a pro rata basis;
provided that the related Discount Fraction of the principal portion of an
Extraordinary Loss or an Excess Bankruptcy Loss on a related Discount Mortgage
Loan shall be allocated to the Class II-A-P Certificates. Any Extraordinary
Losses and Excess Bankruptcy Losses (other than Debt Service Reductions) with
respect to the Group III Loans shall be allocated among the Group III Senior
Certificates, Class III-M Certificates and Class III-B Certificates on a pro
rata basis; provided that the related Discount Fraction of the principal portion
of an Extraordinary Loss or Excess Bankruptcy Loss on a related Discount
Mortgage Loan shall be allocated to the Class III-A-P Certificates.
Any Excess Special Hazard Losses and Excess Fraud Losses shall be
allocated as follows: (a) in the case of a Group I Loan or Group II Loan, first,
to the Class III-B-3 Certificates; second, to the Class III-B-2 Certificates;
and third, to the Class III-B-1 Certificates; and (b) in the case of a Group III
Loan, first, to the Class B-3 Certificates; second, to the Class B-2
Certificates; and third, to the Class B-1 Certificates; provided however that
such losses will be so allocated pursuant to this provision solely to the extent
of the remaining Special Hazard Amount or Fraud Loss Amount, as applicable,
related to the certificate group to which these losses are allocated and to the
extent of the Certificate Principal Balance of the Class B Certificates related
to that Loan Group, and thereafter shall be allocated pro rata among all the
Certificates in the certificate group in which these losses occurred, on a pro
rata basis, in reduction of the Certificate Principal Balance thereof; and
provided further, that the related Discount Fraction of the principal portion of
any of these losses on a Discount Mortgage Loan shall be allocated to the
related Class A-P Certificates. To the extent that amounts otherwise payable to
a Class of Class B Certificates are diverted to the Certificates related to the
other Loan Group as part of a Diverted Amount on any Distribution Date on which
Excess Special Hazard Losses and Excess Fraud Losses are allocated as set forth
in the preceding sentence, or on any subsequent Distribution Date until such
losses are fully covered, such amounts shall be diverted from such Class from
first, Principal Prepayments, and second, the principal portions of Monthly
Payments, and shall be paid, as principal, to the non-related Certificates as
part of the related Available Distribution Amount and shall be treated in the
same manner as a Principal Prepayment in Full.
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
-52-
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. The portion of any Realized Loss on Group I Loans or Group II Loans
allocated on a pro rata basis to any Class of Class X-0, Xxxxx X-0, Class M-3,
Class B-1, Class B-2 or Class B-3 Certificates will be based on such class'
interest in the related loan group. 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 a group of Certificates below the aggregate Stated Principal Balance of the
related 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), 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)
-53-
ARTICLE V
THE CERTIFICATES
(SEE ARTICLE V OF THE STANDARD TERMS)
-54-
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
(SEE ARTICLE VI OF THE STANDARD TERMS)
-55-
ARTICLE VII
DEFAULT
(SEE ARTICLE VII OF THE STANDARD TERMS)
-56-
ARTICLE VIII
CONCERNING THE TRUSTEE
(SEE ARTICLE VIII OF THE STANDARD TERMS)
-57-
ARTICLE IX
TERMINATION
(SEE ARTICLE IX OF THE STANDARD TERMS)
-58-
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 REMIC(s).
The REMIC Administrator will make an election to treat the segregated
pool of assets described in the definition of REMIC I (as defined herein), and
subject to this Agreement (including the Group I Loans and Group II Loans but
excluding the Initial Monthly Payment Fund), as a REMIC for federal income tax
purposes. The REMIC Administrator will make an election to treat the segregated
pool of assets described in the definition of REMIC II (as defined herein), and
subject to this Agreement (including the Group III Loans but excluding the
Initial Monthly Payment Fund), as a REMIC for federal income tax purposes. The
REMIC Administrator will make an election to treat the segregated pool of assets
consisting of the REMIC I Regular Interests and the REMIC II Regular Interests,
and subject to this Agreement (excluding the Initial Monthly Payment Fund), as a
REMIC for federal income tax purposes.
The 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). The REMIC II
Regular Interests will be "regular interests" in REMIC II and the Class R-II
Certificates will be the sole class of "residual interests" in REMIC II for
purposes of the REMIC Provisions (as defined herein).
The Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-4, Class I-A-5,
Class I-A-6, Class II-A- 1, Class II-A-2, Class II-A-3, Class II-A-4, Class
II-A-5, Class II-A-6, Class III-A-1, Class III-A-2, Class III-A-3, Class
III-A-4, Class III-A-5, Class III-A-6, Class III-A-7, Class I-A-P, Class II-A-P,
Class III-A-P, Class I-A-V, Class II-A-V, Class III-A-V, Class M-1, Class M-2,
Class M-3, Class III-M-1, Class III-M-2, Class III-M-3, Class B-1, Class B-2,
Class B-3, Class III-B-1, Class III-B-2 and Class III-B-3 Certificates and the
rights in and to which will be represented by the related Class A-V
Certificates, will be the "regular interests" in REMIC III, and the Class R-III
Certificates will be the sole class of "residual interests" therein for purposes
of the REMIC Provisions (as defined in the Standard Terms) 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), any such Subclass will represent the
related Uncertificated Class A-V REMIC Regular Interest or Interests specified
by the initial Holder of the related Class A-V Certificates pursuant to said
Section.
-59-
Section 10.04 Distributions on the REMIC I Regular Interests and the
REMIC II Regular Interests.
(a) On each Distribution Date, the following amounts, in the
following order of priority, to the extent of the Available Distribution
Amount related to the Group I Loans and Group II Loans, reduced by
distributions made to the Class R-I Certificates pursuant to Section
4.02, shall be deemed distributed by REMIC I to REMIC III on account of
the REMIC I Regular Interests:
(i) Uncertificated Accrued Interest on the REMIC I Regular
Interests for such Distribution Date, pro rata, plus any
Uncertificated Accrued Interest thereon remaining unpaid from any
previous Distribution Date.
(ii) distributions of principal shall be deemed to be made
to the REMIC I Regular Interests, in each case from the related
Loan Group, first, to each REMIC I Regular Interest ending with
the designation "SUB," so that the Uncertificated Principal
Balance of each such REMIC I Regular Interest is equal to 0.01%
of the excess of (x) the aggregate Stated Principal Balance of
the Mortgage Loans in the related Loan Group over (y) the
Certificate Principal Amount of the related Senior Certificates
(except that if any such excess is a larger number than in the
preceding distribution period, the least amount of principal
shall be distributed to such REMIC I Regular Interests such that
the REMIC I Subordinated Balance Ratio is maintained); and
second, any remaining principal in each Loan Group to the related
REMIC I Regular Interest ending with the designation "ZZZ"
(provided that a portion of the remaining principal equal to the
Class I-A-P Principal Distribution Amount will be distributed to
REMIC I Regular Interest I-A-P and a portion of the remaining
principal equal to the Class II-A-P Principal Distribution Amount
will be distributed to REMIC I Regular Interest II-A-P). Realized
Losses from Group I Loans and Group II Loans shall be applied
after all distributions have been made on each Distribution Date
first, to the related REMIC I Regular Interest ending with the
designation "SUB," so that the Uncertificated Principal Balance
of each such REMIC I Regular Interest is equal to 0.01% of the
excess of (x) the aggregate Stated Principal Balance of the
Mortgage Loans in the related Loan Group over (y) the Certificate
Principal Amount of the related Senior Certificates (except that
if any such excess is a larger number than in the preceding
distribution period, the least amount of Realized Losses shall be
applied to such REMIC I Regular Interests such that the REMIC I
Subordinated Balance Ratio is maintained); and second, any
remaining Realized Losses from each Loan Group shall be allocated
to the related REMIC I Regular Interests ending with the
designation "ZZZ" (except that if a Realized Loss is recognized
with respect to a Discount Mortgage Loan that is a Group I Loan,
the applicable portion of such Realized Loss will be allocated to
REMIC I Regular Interest I-A-P and that if a Realized Loss is
recognized with respect to a Discount Mortgage Loan that is a
Group II Loan, the applicable portion of such Realized Loss will
be allocated to REMIC I Regular Interest II-A-P).
-60-
(b) On each Distribution Date, the following amounts, in the
following order of priority, to the extent of the Available Distribution
Amount related to the Group III Loans, reduced by distributions made to
the Class R-II Certificates pursuant to Section 4.02, shall be deemed
distributed by REMIC II to REMIC III on account of the REMIC II Regular
Interests:
(i) Uncertificated Accrued Interest on the REMIC II
Regular Interests, pro rata, for such Distribution Date, plus any
Uncertificated Accrued Interest thereon remaining unpaid from any
previous Distribution Date; and
(ii) to the extent of amounts remaining after the
distributions made pursuant to clause (i) above, (x) to REMIC II
Regular Interest III-A-P and R-III in an amount equal to the
amount distributed on such Distribution Date in respect of the
Class III-A-P Certificates and Class R-III Certificates,
respectively, and (y) the balance to REMIC II Regular Interest
III-A until the Uncertificated Principal Balance of such REMIC II
Regular Interest is reduced to zero.
(iii) The interest portion of all Realized Losses on the
Group III Loans shall be allocated on each Distribution Date to
REMIC II Regular Interest III-A and REMIC II Regular Interests
II-A-V, pro rata, with their entitlement to interest without
regard to this provision. The related Discount Fraction of the
principal portion of all Realized Losses on Group III Loans that
are Discount Mortgage Loans shall be allocated to REMIC II
Regular Interest III-A-P on such Distribution Date. All remaining
Realized Losses on Group III Mortgage Loans allocated to the
Certificates on each Distribution Date shall be allocated to
REMIC II Regular Interest III-A on such Distribution Date.
(c) Notwithstanding the deemed distributions on the REMIC I
Regular Interests and REMIC II 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 Distributions on the Uncertificated Class A-V REMIC Regular
Interests.
(a) On each Distribution Date the Trustee shall be deemed to
distribute to itself, as the holder of the Uncertificated Class A-V
REMIC Regular Interests, Uncertificated Accrued Interest on the
Uncertificated Class A-V REMIC Regular Interests for such Distribution
Date, plus any Uncertificated Accrued Interest thereon remaining unpaid
from any previous Distribution Date.
(b) In determining from time to time the Uncertificated Class A-V
REMIC Regular Interest Distribution Amounts, Realized Losses allocated
to the Class A-V Certificates under Section 4.05 shall be deemed
allocated to Uncertificated Class A-V
-61-
REMIC Regular Interests on a pro rata basis based on the Uncertificated
Class A-V REMIC Accrued Interest for the related Distribution Date.
(c) On each Distribution Date, the Trustee shall be deemed to
distribute from the Trust Fund, in the priority set forth in Section
4.02(a), to the Class A-V Certificates, the amounts distributable
thereon from the Uncertificated Class A-V REMIC Regular Interest
Distribution Amounts deemed to have been received by the Trustee from
the Trust Fund under this Section 10.05. The amount deemed distributable
hereunder with respect to the Class A-V Certificates shall equal 100% of
the amounts distributable with respect to the related Uncertificated
Class A-V REMIC Regular Interests.
(d) Notwithstanding the deemed distributions on the
Uncertificated Class A-V REMIC Regular Interests described in this
Section 10.05, distributions of funds from the Certificate Account shall
be made only in accordance with Section 4.02.
Section 10.06 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 interest 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.
-62-
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 Laws. (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
0000 Xxxxxxxxxx Xxxx Xxxxxxxxx
Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxx 00000,
Company Attention: President
0000 X. Xxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxx 00000-0000,
Master Servicer Attention: Managing Director/Master Servicing
Trustee Corporate Trust Office
The Trustee designates its offices located at
0000 Xxxxx Xxxxxx, 0xx Xxxxx
Xxxxxx, Xxxxx 00000
Attn: Institutional Trust Services Transfer of Dept - RFMSI
2004-S6, for the purposes of registration of transfer or
exchange of the Certificates
00 Xxxxx Xxxxxx
Xxxxxxxx & Xxxx'x Xxx Xxxx, Xxx Xxxx 00000
Fitch Xxx Xxxxx Xxxxxx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
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
-63-
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.
The Company, the Master Servicer or the Trustee, as applicable, shall
(i) notify each Rating Agency and 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), (d), (g), (h), (i) or
(j) below or (ii) 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) the termination or appointment of a successor Master Servicer
or 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) a change in the location of the Custodial Account or 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 of any such
event known to the Master Servicer.
-64-
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.
95.50% of all Voting Rights shall be allocated among Holders of
Certificates, other than the Interest Only Certificates and Residual
Certificates, in proportion to the outstanding Certificate Principal Balances of
their respective Certificates, 1.0% of all Voting Rights shall be allocated
among the Holders of the Class I-A-V Certificates; 1.0% of all Voting Rights
shall be allocated among the Holders of the Class II-A-V Certificates; 1.0% of
all Voting Rights shall be allocated among the Holders of the Class III-A-V
Certificates; and 0.50%, 0.50% and 0.50% of all Voting Rights shall be allocated
among the Holders of the Class R-I, Class R-II and Class R-III Certificates,
respectively, in accordance with their respective Percentage Interests.
-65-
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.
[Seal] RESIDENTIAL FUNDING
MORTGAGE SECURITIES I,
INC.
Attest: By:
Name: Xxxxxx Xxxxxx Name: Xxx Xxxxxx
Title: Vice President Title: Vice President
[Seal]
RESIDENTIAL FUNDING CORPORATION
Attest: By:
Name: Xxx Xxxxxx Name: Xxxxxx Xxxxxx
Title: Associate Title: Associate
[Seal] JPMORGAN CHASE
BANK as
Trustee
Attest: Name: Xxxxxxx Xxxxxx
Name: Xxxxx Xxxxxxxxxx Title: Authorized Officer
Title: Xxxxxxxx-Xx-Xxxx
-00-
XXXXX XX XXXXXXXXX )
) ss.:
COUNTY OF HENNEPIN )
On the 29th day of June, 2004 before me, a notary public in and
for said State, personally appeared Xxx Xxxxxx, known to me to be a Vice
President of Residential Funding Mortgage Securities I, 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.
Notary Public
_________________
[Notarial Seal]
-00-
XXXXX XX XXXXXXXXX )
) ss.:
COUNTY OF HENNEPIN )
On the 29th day of June, 2004 before me, a notary public in and
for said State, personally appeared Xxxxxx Xxxxxx, 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.
Notary Public
__________________
[Notarial Seal]
-00-
XXXXX XX XXXXXXXX )
) ss.:
COUNTY OF XXXX )
On the 29th day of June, 2004 before me, a notary public in and
for said State, personally appeared Xxxxxxx Xxxxxx, known to me to be an
Authorized Officer of JPMorgan Chase Bank, the entity that executed the within
instrument, and also known to me to be the person who executed it on behalf of
said banking entity and acknowledged to me that such banking entity 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.
Notary Public
___________________
[Notarial Seal]
-69-
EXHIBIT ONE
MORTGAGE LOAN SCHEDULE FOR LOAN GROUP I
(Available Upon Request)
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 #
8346381 956/956 F 348,000.00 ZZ
360 341,491.85 1
6.0000 2086.44 58
5.7500 2086.44
XXXXXXXX XX 00000 2 11/27/02 00
612110052 05 01/01/03 0.0000
612110052 O 12/01/32
0
8472224 E82/G01 F 378,400.00 ZZ
360 372,349.06 4
6.2500 2329.87 69
6.0000 2329.87
XXXX XXXXX XX 00000 5 07/03/03 00
0400835872 05 09/01/03 0.0000
0400835872 O 08/01/33
0
8631502 E82/G01 F 361,900.00 ZZ
360 358,474.36 1
5.8750 2140.78 63
5.6250 2140.78
XXXXXXXXXX XX 00000 2 08/28/03 00
0400845467 03 11/01/03 0.0000
0400845467 O 10/01/33
0
8769821 E82/G01 F 240,600.00 ZZ
360 238,022.34 1
6.2500 1481.42 78
6.0000 1481.42
XXXXXXXXXXXX XX 00000 2 06/02/03 00
0400821310 05 08/01/03 0.0000
0400821310 O 07/01/33
0
8847372 P34/G01 F 89,000.00 ZZ
360 88,454.45 1
6.7500 577.26 36
6.5000 577.26
XXXXXXX XX 00000 5 10/27/03 00
0436937064 05 12/01/03 0.0000
16701 O 11/01/33
0
8906450 253/253 F 200,000.00 ZZ
360 198,818.62 1
6.1250 1215.23 50
5.8750 1215.23
XXXXXXXX XX 00000 2 11/04/03 00
444910 03 01/01/04 0.0000
444910 O 12/01/33
0
8913629 X31/G01 F 361,500.00 ZZ
360 360,362.21 1
5.7500 2109.62 63
5.5000 2109.62
XX XXXX XX 00000 2 02/06/04 00
0437519564 05 04/01/04 0.0000
80003406 O 03/01/34
0
8913913 E23/G01 F 402,700.00 ZZ
360 401,462.25 1
5.8750 2382.12 77
5.6250 2382.12
XXXXXX XX 00000 2 02/23/04 00
0437604184 03 04/01/04 0.0000
11026311 O 03/01/34
0
8922269 E23/G01 F 370,000.00 ZZ
360 369,243.69 1
5.8750 2188.69 64
5.6250 2188.69
XXXXXXX XX 00000 5 03/09/04 00
0437652639 05 05/01/04 0.0000
91001017 O 04/01/34
0
8930873 E23/G01 F 560,000.00 ZZ
360 559,401.32 1
5.6250 3223.68 65
5.3750 3223.68
XXXXXX XX 00000 2 04/05/04 00
0437702012 05 06/01/04 0.0000
63004143 O 05/01/34
0
8933125 696/G01 F 614,000.00 ZZ
360 613,343.60 1
5.6250 3534.53 79
5.3750 3534.53
XXXXXXX XXXXXXXX 00000 5 04/07/04 00
0437700313 03 06/01/04 0.0000
60204007 O 05/01/34
0
8934131 E82/G01 F 332,600.00 ZZ
360 332,260.90 1
5.8750 1967.45 63
5.6250 1967.45
XXXXXXXX XX 00000 2 04/08/04 00
0400960282 05 06/01/04 0.0000
0400960282 O 05/01/34
0
8941095 E84/G01 F 455,800.00 ZZ
360 454,823.16 1
5.6250 2623.84 77
5.3750 2623.84
XXXXXXXX XX 00000 2 03/08/04 00
0437781578 03 05/01/04 0.0000
32820898 O 04/01/34
0
8941109 E84/G01 F 637,000.00 T
360 635,697.92 1
5.8750 3768.10 71
5.6250 3768.10
XXXXXXXX XX 00000 2 03/19/04 00
0437780158 05 05/01/04 0.0000
47118028 O 04/01/34
0
8941115 E84/G01 F 593,700.00 ZZ
360 592,397.35 1
5.5000 3370.96 54
5.2500 3370.96
XXXXXXX XX 00000 2 03/05/04 00
0437780174 05 05/01/04 0.0000
69940901 O 04/01/34
0
8941123 E84/G01 F 440,000.00 ZZ
360 439,079.02 1
5.7500 2567.72 80
5.5000 2567.72
XXXXXXX XX 00000 1 03/05/04 00
0437749831 05 05/01/04 0.0000
75013599 O 04/01/34
0
8941129 E84/G01 F 548,000.00 ZZ
360 546,879.84 1
5.8750 3241.63 74
5.6250 3241.63
XXXXXXXX XXXX XX 00000 2 03/09/04 00
0437780299 05 05/01/04 0.0000
75013639 O 04/01/34
0
8941165 E84/G01 F 540,000.00 ZZ
360 538,869.72 1
5.7500 3151.29 80
5.5000 3151.29
XXX XXXXXXXXX XX 00000 1 03/10/04 00
0437749583 08 05/01/04 0.0000
75013773 O 04/01/34
0
8941169 E84/G01 F 400,000.00 ZZ
360 399,182.37 1
5.8750 2366.15 80
5.6250 2366.15
XXXXXXXX XX 00000 1 03/18/04 00
0437757859 05 05/01/04 0.0000
75534744 O 04/01/34
0
8941191 E84/G01 F 617,000.00 ZZ
360 615,738.80 1
5.8750 3649.79 78
5.6250 3649.79
XXXXXXXXX XXXXXX 00000 2 03/03/04 00
0437780430 03 05/01/04 0.0000
93503007 O 04/01/34
0
8941193 E84/G01 F 381,000.00 ZZ
360 380,221.20 1
5.8750 2253.76 63
5.6250 2253.76
XXX XXXXX XX 00000 2 03/09/04 00
0437780513 03 05/01/04 0.0000
93503013 O 04/01/34
0
8941201 E84/G01 F 500,000.00 ZZ
360 499,002.01 1
6.0000 2997.75 55
5.7500 2997.75
XXXXXXX XX 00000 5 03/16/04 00
0437780893 05 05/01/04 0.0000
93503037 O 04/01/34
0
8941209 E84/G01 F 344,000.00 ZZ
360 342,942.67 1
5.8750 2034.89 80
5.6250 2034.89
XXXXXX XX 00000 2 02/20/04 00
0437751191 03 04/01/04 0.0000
98800399 O 03/01/34
0
8941235 E84/G01 F 650,000.00 ZZ
360 648,671.34 1
5.8750 3845.00 50
5.6250 3845.00
XXXXXXXXXX XX 00000 5 03/10/04 00
0437784242 05 05/01/04 0.0000
1101068677 O 04/01/34
0
8941249 E84/G01 F 600,000.00 ZZ
360 593,163.81 1
5.5000 3406.73 36
5.2500 3406.73
XXXXX XX 00000 5 08/22/03 00
0437780612 05 10/01/03 0.0000
1101077751 O 09/01/33
0
8941279 E84/G01 F 450,000.00 ZZ
360 449,080.16 1
5.8750 2661.92 65
5.6250 2661.92
XXXXXX XXXX XX 00000 1 03/22/04 00
0437749823 05 05/01/04 0.0000
1101133494 O 04/01/34
0
8941283 E84/G01 F 499,000.00 ZZ
360 497,980.01 1
5.8750 2951.77 65
5.6250 2951.77
XXXXXX XX 00000 1 03/11/04 00
0437781404 05 05/01/04 0.0000
1101133866 O 04/01/34
0
8941285 E84/G01 F 559,000.00 ZZ
360 557,829.95 1
5.7500 3262.17 66
5.5000 3262.17
XXX XXXXX XX 00000 2 03/17/04 00
0437781040 05 05/01/04 0.0000
0000000000 O 04/01/34
0
8941295 E84/G01 F 540,000.00 ZZ
360 538,869.72 1
5.7500 3151.29 80
5.5000 3151.29
XXXXXXXXXX XX 00000 1 03/16/04 00
0437781065 03 05/01/04 0.0000
1101135168 O 04/01/34
0
8941297 E84/G01 F 335,000.00 ZZ
360 333,783.30 1
5.6250 1928.45 64
5.3750 1928.45
XXXXXXXXX XX 00000 2 03/10/04 00
0437775240 03 05/01/04 0.0000
1101135184 O 04/01/34
0
8941323 E84/G01 F 393,700.00 ZZ
360 392,875.61 1
5.7500 2297.53 80
5.5000 2297.53
XXXXXXXXXX XX 00000 1 03/18/04 00
0437781651 05 05/01/04 0.0000
1101135780 O 04/01/34
0
8941343 E84/G01 F 412,200.00 ZZ
360 411,337.21 1
5.7500 2405.49 77
5.5000 2405.49
XXXXXXXXXXXX XX 00000 2 03/08/04 00
0437780810 05 05/01/04 0.0000
1101141001 O 04/01/34
0
8941351 E84/G01 F 591,550.00 ZZ
360 590,311.80 1
5.7500 3452.13 68
5.5000 3452.13
XXXXXXXX XX 00000 2 03/12/04 00
0437780729 05 05/01/04 0.0000
1101143401 O 04/01/34
0
8941733 E82/G01 F 374,000.00 ZZ
360 373,618.69 1
5.8750 2212.35 79
5.6250 2212.35
XXXXXXXX XX 00000 2 04/14/04 00
0400966610 03 06/01/04 0.0000
0400966610 O 05/01/34
0
8941969 Y94/G01 F 390,000.00 ZZ
360 389,592.82 1
5.7500 2275.93 60
5.5000 2275.93
XXXXXX XX 00000 1 04/06/04 00
0437781354 03 06/01/04 0.0000
0000010594 O 05/01/34
0
8943127 H58/G01 F 393,000.00 ZZ
360 392,196.68 1
5.8750 2324.74 69
5.6250 2324.74
XXXXXXX XX 00000 2 03/18/04 00
0437760333 05 05/01/04 0.0000
217488 O 04/01/34
0
8944763 E82/G01 F 284,800.00 ZZ
360 284,495.53 1
5.6250 1639.47 73
5.3750 1639.47
XXXXXXX XX 00000 2 04/15/04 00
0400974663 05 06/01/04 0.0000
0400974663 O 05/01/34
0
8945153 Y21/G01 F 420,000.00 ZZ
360 419,120.88 1
5.7500 2451.01 60
5.5000 2451.01
XXX XXXXXXX XX 00000 2 03/26/04 00
0437745771 05 05/01/04 0.0000
204087627 O 04/01/34
0
8945203 Y21/G01 F 401,000.00 ZZ
360 400,160.65 1
5.7500 2340.13 52
5.5000 2340.13
XXX XXXXX XX 00000 2 03/19/04 00
0437745862 05 05/01/04 0.0000
204166616 O 04/01/34
0
8945239 Y21/G01 F 429,500.00 ZZ
360 428,622.06 1
5.8750 2540.66 80
5.6250 2540.66
XXXXXXXX XX 00000 1 03/25/04 00
0437745714 05 05/01/04 0.0000
204034809 O 04/01/34
0
8945251 Y21/G01 F 436,100.00 ZZ
360 435,187.17 1
5.7500 2544.97 55
5.5000 2544.97
XXXXXXXXX XX 00000 2 03/25/04 00
0437746712 05 05/01/04 0.0000
204109370 O 04/01/34
0
8945273 Y21/G01 F 372,000.00 ZZ
360 371,218.45 1
5.7500 2170.90 56
5.5000 2170.90
XXXXXX XX 00000 2 03/18/04 00
0437746480 03 05/01/04 0.0000
204191963 O 04/01/34
0
8945289 Y21/G01 F 548,940.00 ZZ
360 545,813.02 1
5.8750 3247.19 80
5.6250 3247.19
XXXXXXXXXX XX 00000 1 03/31/04 00
0437747108 03 05/01/04 0.0000
204072778 O 04/01/34
0
8945499 E22/G01 F 435,000.00 ZZ
360 434,556.50 1
5.8750 2573.19 56
5.6250 2573.19
XXXXXXX XX 00000 2 04/08/04 00
0419873534 05 06/01/04 0.0000
0419873534 O 05/01/34
0
8945505 E22/G01 F 287,000.00 ZZ
360 286,707.39 1
5.8750 1697.71 41
5.6250 1697.71
XXX XXXXX XX 00000 2 04/12/04 00
0419891312 05 06/01/04 0.0000
0419891312 O 05/01/34
0
8947951 E22/G01 F 375,500.00 ZZ
360 375,107.95 1
5.7500 2191.32 56
5.5000 2191.32
XXXXXX XXXXX XX 00000 2 04/07/04 00
0420361131 05 06/01/04 0.0000
0420361131 O 05/01/34
0
8948109 E22/G01 F 612,000.00 ZZ
360 611,345.73 1
5.6250 3523.02 44
5.3750 3523.02
XXXXXXX XXXXX XX 00000 2 04/12/04 00
0420357956 03 06/01/04 0.0000
0420357956 O 05/01/34
0
8948111 E22/G01 F 520,000.00 ZZ
360 519,444.09 1
5.6250 2993.41 62
5.3750 2993.41
XXXXXXX XXXXX XX 00000 2 04/12/04 00
0420358079 01 06/01/04 0.0000
0420358079 O 05/01/34
0
8948585 A38/G01 F 975,000.00 ZZ
360 973,957.66 1
5.6250 5612.65 63
5.3750 5612.65
XXXXXXX XXXXX XX 00000 5 04/02/04 00
0437788383 03 06/01/04 0.0000
68040349 O 05/01/34
0
8948975 H58/G01 F 350,000.00 ZZ
360 348,595.80 1
6.0000 2098.43 23
5.7500 2098.43
XXX XXXXX XX 00000 2 01/29/04 00
0437761281 05 03/01/04 0.0000
0000209230 O 02/01/34
0
8949009 H58/G01 F 395,000.00 ZZ
360 393,377.22 1
5.8750 2336.58 80
5.6250 2336.58
XXXX XX 00000 2 01/29/04 00
0437761943 05 03/01/04 0.0000
0000210780 O 02/01/34
0
8950531 M29/G01 F 650,000.00 ZZ
360 649,321.36 1
5.7500 3793.22 80
5.5000 3793.22
XXXXXX XX 00000 2 04/16/04 00
0437903628 03 06/01/04 0.0000
040422RN O 05/01/34
0
8950609 369/G01 F 408,000.00 ZZ
360 407,185.63 1
6.0000 2446.17 80
5.7500 2446.17
XXXXXX XX 00000 2 03/17/04 00
0437770811 03 05/01/04 0.0000
0077506590 O 04/01/34
0
8950849 369/G01 F 503,200.00 ZZ
360 502,242.60 1
6.2500 3098.29 80
6.0000 3098.29
XXXXXXXXXX XX 00000 2 03/17/04 00
0437770894 05 05/01/04 0.0000
77254993 O 04/01/34
0
8951581 E82/G01 F 440,000.00 ZZ
360 439,540.61 1
5.7500 2567.72 69
5.5000 2567.72
XXX XXXXXXXXX XX 00000 2 04/13/04 00
0400974341 01 06/01/04 0.0000
0400974341 O 05/01/34
0
8952215 E22/G01 F 640,000.00 ZZ
360 639,347.49 1
5.8750 3785.84 50
5.6250 3785.84
XXXXXXXXX XXXXXX 00000 1 04/15/04 00
0420140964 05 06/01/04 0.0000
0420140964 O 05/01/34
0
8953205 369/G01 F 344,000.00 ZZ
360 343,313.39 1
6.0000 2062.45 80
5.7500 2062.45
XXXXX XXXXXX XX 00000 5 03/22/04 00
0437772668 05 05/01/04 0.0000
200404115 O 04/01/34
0
8953465 356/356 F 400,000.00 ZZ
360 399,592.17 1
5.8750 2366.16 80
5.6250 2366.16
XXXXXXXXXX XX 00000 2 03/31/04 00
29142643 05 06/01/04 0.0000
29142643 O 05/01/34
0
8953881 E82/G01 F 488,900.00 ZZ
360 488,389.56 1
5.7500 2853.09 51
5.5000 2853.09
XXXXX XXXXXX XXX 00000 2 04/16/04 00
0400964722 05 06/01/04 0.0000
0400964722 O 05/01/34
0
8954089 369/G01 F 387,000.00 ZZ
360 385,810.51 1
5.8750 2289.25 80
5.6250 2289.25
XXXXXXXXXX XX 00000 2 02/25/04 00
0437756471 03 04/01/04 0.0000
77475846 O 03/01/34
0
8954743 E82/G01 F 417,500.00 ZZ
360 417,074.34 1
5.8750 2469.67 75
5.6250 2469.67
XXXXXXX XXXXX XX 00000 2 04/16/04 00
0400975314 05 06/01/04 0.0000
0400975314 O 05/01/34
0
8955853 E22/G01 F 408,000.00 ZZ
360 407,574.02 1
5.7500 2380.98 80
5.5000 2380.98
XXXXXXX XXXXXXXX 00000 2 04/16/04 00
0420414872 05 06/01/04 0.0000
0420414872 O 05/01/34
0
8956101 313/G01 F 399,000.00 T
360 398,184.41 1
5.8750 2360.24 80
5.6250 2360.24
XXXXXX XX 00000 1 04/08/04 00
0437778749 05 05/01/04 0.0000
10155661 O 04/01/34
0
8956159 313/G01 F 746,500.00 ZZ
360 744,974.09 1
5.8750 4415.83 65
5.6250 4415.83
XXXXXX XXXXX XX 00000 2 03/01/04 00
0437776032 05 05/01/04 0.0000
10092484 O 04/01/34
0
8956371 E22/G01 F 372,000.00 ZZ
360 371,620.73 1
5.8750 2200.52 39
5.6250 2200.52
XXXXX XX 00000 2 04/16/04 00
0420314320 05 06/01/04 0.0000
0420314320 O 05/01/34
0
8956463 313/G01 F 400,000.00 ZZ
360 399,142.74 1
5.6250 2302.63 64
5.3750 2302.63
XXXXXXXXXX XX 00000 2 03/17/04 00
0437768294 03 05/01/04 0.0000
10128502 O 04/01/34
0
8956579 313/G01 F 1,000,000.00 ZZ
360 997,906.87 1
5.7500 5835.73 41
5.5000 5835.73
XXXXXXX XX 00000 2 03/01/04 00
0437771900 05 05/01/04 0.0000
10057404 O 04/01/34
0
8956675 313/G01 F 383,000.00 ZZ
360 381,119.65 1
6.1250 2327.15 73
5.8750 2327.15
XXXXXXX XX 00000 5 12/01/03 00
0437778541 05 02/01/04 0.0000
9933805 O 01/01/34
0
8956793 E22/G01 F 463,920.00 ZZ
360 463,447.02 1
5.8750 2744.26 80
5.6250 2744.26
XXXXXXX XX 00000 1 04/21/04 00
0420210528 05 06/01/04 0.0000
0420210528 O 05/01/34
0
8956815 313/G01 F 375,000.00 ZZ
360 374,233.47 1
5.8750 2218.27 72
5.6250 2218.27
XXXXXXXXX XXXXXX 00000 1 03/30/04 00
0437770027 05 05/01/04 0.0000
10085777 O 04/01/34
0
8958649 B49/G01 F 185,000.00 ZZ
360 184,230.50 1
6.0000 1109.17 75
5.7500 1109.17
XXXXXXXXX XX 00000 2 04/12/04 00
0437842321 05 06/01/04 0.0000
000363090340 O 05/01/34
0
8960687 R84/G01 F 399,900.00 TX
360 399,482.48 1
5.7500 2333.71 50
5.5000 2333.71
XXXXXXX XX 00000 5 04/14/04 00
0437779549 03 06/01/04 0.0000
856545 O 05/01/34
0
8961449 E84/G01 F 493,000.00 ZZ
360 491,643.56 1
5.7500 2877.01 65
5.5000 2877.01
XXXXXXX XX 00000 2 04/01/04 00
0437816663 05 05/01/04 0.0000
93503621 O 04/01/34
0
8961459 E84/G01 F 668,000.00 ZZ
360 666,534.33 1
5.5000 3792.83 80
5.2500 3792.83
XXXXXXXXX XX 00000 1 03/18/04 00
0437814213 05 05/01/04 0.0000
75014124 O 04/01/34
0
8961481 E84/G01 F 405,200.00 ZZ
360 404,776.94 1
5.7500 2364.64 79
5.5000 2364.64
XXXXXX XXXX XX 00000 2 03/29/04 00
0437814114 05 06/01/04 0.0000
69941116 O 05/01/34
0
8961493 E84/G01 F 440,300.00 ZZ
360 439,400.00 1
5.8750 2604.54 80
5.6250 2604.54
XXXXXXX XX 00000 1 03/30/04 00
0437795529 03 05/01/04 0.0000
93006886 O 04/01/34
0
8961495 E84/G01 F 500,000.00 ZZ
360 495,218.10 1
6.0000 2997.76 59
5.7500 2997.76
XXXXXXXXX XX 00000 2 08/22/03 00
0437819824 05 10/01/03 0.0000
1101092312 O 09/01/33
0
8961509 E84/G01 F 750,000.00 ZZ
360 748,503.01 1
6.0000 4496.63 50
5.7500 4496.63
XXXXXXXXX XX 00000 5 03/19/04 00
0437793433 05 05/01/04 0.0000
93007006 O 04/01/34
0
8961517 E84/G01 F 433,000.00 ZZ
360 432,093.68 1
5.7500 2526.87 79
5.5000 2526.87
XXXXXXXX XX 00000 2 03/18/04 00
0437814148 05 05/01/04 0.0000
1101146580 O 04/01/34
0
8961523 E84/G01 F 583,500.00 ZZ
360 582,278.66 1
5.7500 3405.15 79
5.5000 3405.15
XXX XXXXXX XX 00000 2 03/19/04 00
0437819550 05 05/01/04 0.0000
75013839 O 04/01/34
0
8961543 E84/G01 F 585,000.00 ZZ
360 583,588.54 1
5.7500 3413.90 73
5.5000 3413.90
XXXXXX XX 00000 2 03/23/04 00
0437797855 05 05/01/04 0.0000
75013827 O 04/01/34
0
8961585 E84/G01 F 410,000.00 ZZ
360 409,121.32 1
5.6250 2360.19 61
5.3750 2360.19
WRIGHTSVILLE BNC 28480 1 03/26/04 00
0437820475 01 05/01/04 0.0000
47118385 O 04/01/34
0
8961589 E84/G01 F 523,000.00 ZZ
360 521,930.95 1
5.8750 3093.74 68
5.6250 3093.74
XXXXXXXXXX XXXXX 00000 5 03/24/04 00
0437818297 03 05/01/04 0.0000
93503260 O 04/01/34
0
8961593 E84/G01 F 665,000.00 ZZ
360 663,608.07 1
5.7500 3880.76 40
5.5000 3880.76
XXXXXXX XX 00000 2 03/10/04 00
0437820160 03 05/01/04 0.0000
75013681 O 04/01/34
0
8961783 T44/G01 F 416,000.00 ZZ
360 415,189.28 1
6.1250 2527.66 80
5.8750 2527.66
XXXXXXX XX 00000 1 03/05/04 00
0437774326 05 05/01/04 0.0000
1102237 O 04/01/34
0
8961979 E23/G01 F 444,000.00 ZZ
360 443,525.34 2
5.6250 2555.91 51
5.3750 2555.91
XXXXX XXXXXXX XX 00000 2 04/02/04 00
0437774243 05 06/01/04 0.0000
91001352 O 05/01/34
0
8963801 S11/G01 F 400,000.00 ZZ
360 399,582.38 1
5.7500 2334.29 61
5.5000 2334.29
XXXXXXXXXX XXXXX 00000 1 04/12/04 00
0437776982 05 06/01/04 0.0000
11500222 O 05/01/34
0
8964937 E82/G01 F 396,000.00 ZZ
360 395,586.55 1
5.7500 2310.95 57
5.5000 2310.95
(VENICE AREA) CA 90291 2 04/21/04 00
0400978003 05 06/01/04 0.0000
0400978003 O 05/01/34
0
8964989 E82/G01 F 243,000.00 ZZ
360 242,758.09 1
6.0000 1456.91 78
5.7500 1456.91
XXXXXXX XXXX XX 00000 2 04/20/04 00
0400979423 05 06/01/04 0.0000
0400979423 O 05/01/34
0
8965275 E22/G01 F 650,000.00 ZZ
360 649,305.11 1
5.6250 3741.77 66
5.3750 3741.77
XXXXXXXXX XX 00000 1 04/22/04 00
0419924055 03 06/01/04 0.0000
0419924055 O 05/01/34
0
8965447 M29/G01 F 365,000.00 ZZ
360 364,627.87 1
5.8750 2159.11 61
5.6250 2159.11
XXXXXX XX 00000 2 04/21/04 00
0437779879 03 06/01/04 0.0000
0403153RN O 05/01/34
0
8966135 E22/G01 F 378,000.00 ZZ
360 377,605.34 1
5.7500 2205.91 48
5.5000 2205.91
XXXXXXXX XX 00000 2 04/16/04 00
0420455396 05 06/01/04 0.0000
0420455396 O 05/01/34
0
8966233 E22/G01 F 358,500.00 ZZ
360 358,125.70 1
5.7500 2092.11 71
5.5000 2092.11
XXXXXXXX XX 00000 2 04/13/04 00
0420326506 05 06/01/04 0.0000
0420326506 O 05/01/34
0
8966275 E22/G01 F 500,000.00 ZZ
360 499,477.97 1
5.7500 2917.86 51
5.5000 2917.86
XXXXXX XX 00000 2 04/21/04 00
0420364754 05 06/01/04 0.0000
0420364754 O 05/01/34
0
8966411 E22/G01 F 354,000.00 ZZ
360 353,639.08 1
5.8750 2094.04 63
5.6250 2094.04
XXXXXXX XX 00000 1 04/26/04 00
0420100729 05 06/01/04 0.0000
0420100729 O 05/01/34
0
8966621 E22/G01 F 564,000.00 ZZ
360 563,397.05 1
5.6250 3246.70 17
5.3750 3246.70
XXXXXXXXXXXX XX 00000 2 04/14/04 00
0420430951 05 06/01/04 0.0000
0420430951 O 05/01/34
0
8967533 E82/G01 F 421,300.00 ZZ
360 420,849.60 1
5.6250 2425.24 59
5.3750 2425.24
KING XXXXXX XX 00000 2 04/20/04 00
0400967188 05 06/01/04 0.0000
0400967188 O 05/01/34
0
8967541 E82/G01 F 522,000.00 ZZ
360 521,467.80 3
5.8750 3087.83 74
5.6250 3087.83
XXXXXXXX XX 00000 2 04/20/04 00
0400962411 05 06/01/04 0.0000
0400962411 O 05/01/34
0
8970985 Q31/G01 F 550,000.00 ZZ
360 549,439.25 1
5.8750 3253.46 62
5.6250 3253.46
XXXXXXXXX XX 00000 5 04/23/04 00
0437779333 05 06/01/04 0.0000
HS911223 O 05/01/34
0
8971171 Y21/G01 F 418,000.00 ZZ
360 417,573.83 1
5.8750 2472.63 56
5.6250 2472.63
XXXXXXXX XX 00000 5 04/05/04 00
0437786585 05 06/01/04 0.0000
204233895 O 05/01/34
0
8971227 Y69/G01 F 400,000.00 ZZ
360 399,572.37 1
5.6250 2302.63 78
5.3750 2302.63
XXXX XX 00000 1 04/09/04 00
0437781305 05 06/01/04 0.0000
3010004342 O 05/01/34
0
8971257 Y21/G01 F 392,000.00 ZZ
360 391,609.76 1
6.0000 2350.24 80
5.7500 2350.24
XXXXXXX XX 00000 2 04/09/04 00
0437788201 03 06/01/04 0.0000
204252211 O 05/01/34
0
8971323 Y21/G01 F 355,000.00 ZZ
360 354,629.35 1
5.7500 2071.69 60
5.5000 2071.69
XXX XXXXX XX 00000 2 04/08/04 00
0437788334 01 06/01/04 0.0000
204169348 O 05/01/34
0
8971367 Y21/G01 F 432,000.00 ZZ
360 431,559.55 1
5.8750 2555.45 80
5.6250 2555.45
XXX XXXX XX 00000 2 04/06/04 00
0437809882 05 06/01/04 0.0000
204190231 O 05/01/34
0
8972135 Y21/G01 F 420,000.00 ZZ
360 419,571.79 1
5.8750 2484.46 79
5.6250 2484.46
XXX XXXXX XX 00000 2 04/01/04 00
0437793185 03 06/01/04 0.0000
204166641 O 05/01/34
0
8972155 Y21/G01 F 365,500.00 ZZ
360 364,734.96 1
5.7500 2132.96 64
5.5000 2132.96
XXXXXXX XX 00000 2 04/02/04 00
0437786593 05 05/01/04 0.0000
204167418 O 04/01/34
0
8973599 E33/G01 F 503,000.00 ZZ
360 502,499.26 1
6.0000 3015.74 74
5.7500 3015.74
XXXX XXXXXX XX 00000 2 04/21/04 00
0437787005 05 06/01/04 0.0000
75620 O 05/01/34
0
8974223 E22/G01 F 322,000.00 ZZ
360 321,679.45 1
6.0000 1930.55 65
5.7500 1930.55
XXXXXXX XXX XX 00000 5 04/26/04 00
0420509895 05 06/01/04 0.0000
0420509895 O 05/01/34
0
8974243 E22/G01 F 503,000.00 ZZ
360 502,474.84 1
5.7500 2935.37 80
5.5000 2935.37
XXXXX XXXX XX 00000 2 04/16/04 00
0420453409 05 06/01/04 0.0000
0420453409 O 05/01/34
0
8976163 477/G01 F 500,000.00 ZZ
360 498,569.31 1
6.2500 3078.59 77
6.0000 3078.59
XXXXXXX XX 00000 2 02/13/04 00
0437790140 05 04/01/04 0.0000
265167 O 03/01/34
0
8977805 S11/G01 F 400,000.00 ZZ
240 399,121.38 1
5.8750 2836.95 40
5.6250 2836.95
XXXXX XXX XXXXXX 00000 5 04/08/04 00
0437780240 05 06/01/04 0.0000
11501171 O 05/01/24
0
8978247 E22/G01 F 383,400.00 ZZ
360 382,699.71 1
5.7500 2237.42 65
5.5000 2237.42
XXX XXXXXXX XX 00000 2 04/22/04 00
0420504508 05 06/01/04 0.0000
0420504508 O 05/01/34
0
8978513 E22/G01 F 375,000.00 ZZ
360 374,617.67 1
5.8750 2218.27 60
5.6250 2218.27
XXX XXXX XX 00000 5 04/20/04 00
0420439325 05 06/01/04 0.0000
0420439325 O 05/01/34
0
8979411 E82/G01 F 298,600.00 ZZ
360 298,295.57 1
5.8750 1766.33 78
5.6250 1766.33
XXXXX XXXX XX 00000 2 04/23/04 00
0400977278 05 06/01/04 0.0000
0400977278 O 05/01/34
0
8979531 E82/G01 F 489,300.00 ZZ
360 488,801.14 1
5.8750 2894.39 65
5.6250 2894.39
XXXXXXX XX 00000 5 04/23/04 00
0400963468 05 06/01/04 0.0000
0400963468 O 05/01/34
0
8979545 E82/G01 F 391,300.00 ZZ
360 390,674.98 1
5.7500 2283.52 77
5.5000 2283.52
XXXXX XXXXXXX XX 00000 2 04/23/04 00
0400964912 05 06/01/04 0.0000
0400964912 O 05/01/34
0
8979553 E82/G01 F 541,500.00 ZZ
360 540,947.91 1
5.8750 3203.18 76
5.6250 3203.18
XXXXXXX XX 00000 2 04/23/04 00
0400963732 05 06/01/04 0.0000
0400963732 O 05/01/34
0
8979555 E82/G01 F 384,700.00 ZZ
360 384,043.35 1
5.7500 2245.00 41
5.5000 2245.00
XXXXXXXX XX 00000 2 04/23/04 00
0400973210 05 06/01/04 0.0000
0400973210 O 05/01/34
0
8981655 E22/G01 F 688,000.00 ZZ
360 687,315.09 1
6.0000 4124.91 80
5.7500 4124.91
XXXXXXXXXX XX 00000 1 04/29/04 00
0420206724 05 06/01/04 0.0000
0420206724 O 05/01/34
0
8981769 E22/G01 F 333,700.00 ZZ
360 333,375.66 1
6.1250 2027.60 75
5.8750 2027.60
XXXX XX 00000 1 04/26/04 00
0419968276 05 06/01/04 0.0000
0419968276 O 05/01/34
0
8982267 J53/J53 F 500,000.00 T
360 498,492.49 1
6.0000 2997.75 80
5.7500 2997.75
XXXXXX XXXX XX 00000 2 02/26/04 00
50402566072 05 04/01/04 0.0000
50402566072 O 03/01/34
0
8982387 E22/G01 F 382,500.00 ZZ
360 382,110.03 1
5.8750 2262.63 90
5.6250 2262.63
XXXXXX XXXXX XX 00000 1 04/14/04 10
0420373615 01 06/01/04 25.0000
0420373615 O 05/01/34
0
8983625 696/G01 F 540,000.00 ZZ
360 539,475.15 1
6.1250 3281.10 72
5.8750 3281.10
XXXXX XXXXXX XX 00000 2 04/26/04 00
0437787823 05 06/01/04 0.0000
10004024 O 05/01/34
0
8983829 E82/G01 F 451,300.00 ZZ
360 451,300.00 1
5.6250 2597.94 46
5.3750 2597.94
XXXXXXX XX 00000 2 04/29/04 00
0400968194 05 07/01/04 0.0000
0400968194 O 06/01/34
0
8983859 E82/G01 F 349,500.00 ZZ
360 349,500.00 1
5.7500 2039.59 68
5.5000 2039.59
XXX XXXXX XX 00000 2 04/26/04 00
0400976510 05 07/01/04 0.0000
0400976510 O 06/01/34
0
8988401 E82/G01 F 535,000.00 ZZ
360 535,000.00 1
5.7500 3122.11 31
5.5000 3122.11
XXXXX XXXXXX XX 00000 5 04/28/04 00
0400963559 05 07/01/04 0.0000
0400963559 O 06/01/34
0
8988477 E82/G01 F 420,000.00 ZZ
360 419,571.79 1
5.8750 2484.46 76
5.6250 2484.46
XXXXX XX 00000 2 04/27/04 00
0400966867 03 06/01/04 0.0000
0400966867 O 05/01/34
0
8988919 Y94/G01 F 372,000.00 ZZ
360 371,611.61 1
5.7500 2170.89 75
5.5000 2170.89
XX XXXXX XX 00000 5 04/15/04 00
0437840531 05 06/01/04 0.0000
0000010624 O 05/01/34
0
8992851 E82/G01 F 337,300.00 ZZ
360 337,300.00 1
5.8750 1995.26 89
5.6250 1995.26
XXX XXXXX XX 00000 2 04/29/04 10
0400979506 03 07/01/04 25.0000
0400979506 O 06/01/34
0
8992893 E82/G01 F 317,600.00 ZZ
360 317,600.00 1
5.7500 1853.43 53
5.5000 1853.43
XXXXXXXXXX XX 00000 2 04/27/04 00
0400964938 05 07/01/04 0.0000
0400964938 O 06/01/34
0
8994045 696/G01 F 423,200.00 ZZ
360 422,758.15 1
5.7500 2469.68 80
5.5000 2469.68
XXXXXXXXXX XX 00000 1 04/27/04 00
0437810674 05 06/01/04 0.0000
31204129 O 05/01/34
0
8995245 975/G01 F 504,000.00 ZZ
360 503,486.15 1
5.8750 2981.35 51
5.6250 2981.35
XXXXX XXXXXX XXX 00000 2 04/09/04 00
0437815152 05 06/01/04 0.0000
2041988 O 05/01/34
0
8995337 356/356 F 347,000.00 ZZ
360 346,645.72 1
5.8750 2052.64 67
5.6250 2052.64
XXX XXXX XX 00000 2 03/31/04 00
29145927 05 06/01/04 0.0000
29145927 O 05/01/34
0
8995411 696/G01 F 684,000.00 ZZ
360 683,302.63 1
5.8750 4046.12 70
5.6250 4046.12
XXXXXXXXX XX 00000 1 04/27/04 00
0437920739 05 06/01/04 0.0000
26104014 O 05/01/34
0
8995417 696/G01 F 419,500.00 ZZ
360 419,051.53 1
5.6250 2414.88 60
5.3750 2414.88
XXXXXXXX XX 00000 1 04/29/04 00
0437800154 05 06/01/04 0.0000
25204055 O 05/01/34
0
8995839 E82/G01 F 359,700.00 ZZ
360 359,700.00 1
5.6250 2070.64 61
5.3750 2070.64
XXXXXXXX XX 00000 2 05/03/04 00
0400977724 05 07/01/04 0.0000
0400977724 O 06/01/34
0
8995909 E22/G01 F 440,000.00 ZZ
360 439,551.40 1
5.8750 2602.77 67
5.6250 2602.77
XXXXXXXXXX XX 00000 2 04/28/04 00
0420494288 03 06/01/04 0.0000
0420494288 O 05/01/34
0
8996055 E22/G01 F 387,200.00 ZZ
360 386,805.24 1
5.8750 2290.43 80
5.6250 2290.43
XXXXXX XX 00000 1 04/15/04 00
0420374589 05 06/01/04 0.0000
0420374589 O 05/01/34
0
8996161 E22/G01 F 201,200.00 ZZ
360 201,004.45 4
6.1250 1222.51 90
5.8750 1222.51
XXXXXXXX XX 00000 2 04/26/04 01
0418032561 05 06/01/04 25.0000
0418032561 O 05/01/34
0
8996335 E22/G01 F 112,500.00 ZZ
360 112,500.00 1
5.8750 665.48 57
5.6250 665.48
XXXXXXXXXXXXXXXX 00000 2 04/30/04 00
0420576928 05 07/01/04 0.0000
0420576928 O 06/01/34
0
8996599 Y94/G01 F 353,200.00 ZZ
360 353,200.00 1
6.1250 2146.08 58
5.8750 2146.08
XXX XXXXXXXXX XX 00000 2 04/26/04 00
0437817182 05 07/01/04 0.0000
0000000000 O 06/01/34
0
8996619 Y94/G01 F 484,000.00 ZZ
360 483,494.68 1
5.7500 2824.49 77
5.5000 2824.49
XXXXXXXX XXXX XX 00000 2 04/13/04 00
0437854912 05 06/01/04 0.0000
0000010535 O 05/01/34
0
8996885 U05/G01 F 416,000.00 ZZ
360 415,605.29 1
6.2500 2561.38 80
6.0000 2561.38
XXXXXX XX 00000 4 04/28/04 00
0437820251 05 06/01/04 0.0000
3000626593 O 05/01/34
0
8997981 Y84/G01 F 607,000.00 ZZ
360 606,351.07 1
5.6250 3494.24 63
5.3750 3494.24
XXXXXXXXX XX 00000 2 04/26/04 00
0437824428 03 06/01/04 0.0000
1001913506 O 05/01/34
0
8998077 Y84/G01 F 410,400.00 ZZ
360 409,971.51 1
5.7500 2394.99 80
5.5000 2394.99
XXXXXXXX XX 00000 2 04/27/04 00
0437953565 05 06/01/04 0.0000
1001883287 O 05/01/34
0
8999141 E22/G01 F 250,000.00 ZZ
360 250,000.00 1
5.7500 1458.93 73
5.5000 1458.93
XXXXX XXXXX XX 00000 2 04/30/04 00
0419954524 05 07/01/04 0.0000
0419954524 O 06/01/34
0
8999455 B28/G01 F 100,000.00 ZZ
360 99,905.11 1
6.2500 615.72 35
6.0000 615.72
XXXXX XX 00000 5 04/26/04 00
0437870470 05 06/01/04 0.0000
03003865 O 05/01/34
0
9000073 696/G01 F 409,500.00 ZZ
360 408,191.49 1
5.8750 2422.35 76
5.6250 2422.35
XXXXX XX 00000 1 04/15/04 00
0437806326 03 06/01/04 0.0000
25504068 O 05/01/34
0
9000379 W30/G01 F 397,600.00 ZZ
360 397,213.56 1
6.1250 2415.86 80
5.8750 2415.86
XXXXXXXXX XX 00000 1 04/23/04 00
0437839319 05 06/01/04 0.0000
865107 O 05/01/34
0
9000883 Q31/G01 F 378,000.00 ZZ
360 378,000.00 1
6.0000 2266.31 78
5.7500 2266.31
XX XXXX XX 00000 2 05/06/04 00
0437840424 05 07/01/04 0.0000
HS911063 O 06/01/34
0
9000903 696/G01 F 364,800.00 ZZ
360 364,419.13 1
5.7500 2128.87 80
5.5000 2128.87
XXXXXXXXX XX 00000 1 04/29/04 00
0437811235 03 06/01/04 0.0000
25104097 O 05/01/34
0
9000907 696/G01 F 500,000.00 ZZ
360 499,514.03 1
6.1250 3038.05 80
5.8750 3038.05
XXXXXX XX 00000 1 04/28/04 00
0437811789 05 06/01/04 0.0000
21304043 O 05/01/34
0
9000921 696/G01 F 446,000.00 ZZ
360 446,000.00 1
5.8750 2638.26 79
5.6250 2638.26
XXXXXXXX XX 00000 2 05/03/04 00
0437818016 05 07/01/04 0.0000
25604097 O 06/01/34
0
9000959 696/G01 F 537,000.00 ZZ
360 536,452.50 1
5.8750 3176.56 77
5.6250 3176.56
XXXXXXXX XX 00000 2 04/21/04 00
0437814262 05 06/01/04 0.0000
30504050 O 05/01/34
0
9001083 W40/G01 F 376,000.00 ZZ
360 375,607.44 1
5.7500 2194.23 57
5.5000 2194.23
WEST BLOOMFIELMI 48324 2 04/28/04 00
0437863590 05 06/01/04 0.0000
0000000000 O 05/01/34
0
9002161 Y21/G01 F 353,000.00 ZZ
360 352,640.10 1
5.8750 2088.13 79
5.6250 2088.13
XXXXXXX XX 00000 2 04/23/04 00
0437830540 05 06/01/04 0.0000
204232902 O 05/01/34
0
9002225 Y21/G01 F 400,000.00 ZZ
360 399,592.17 1
5.8750 2366.16 73
5.6250 2366.16
XX XXXXX XX 00000 5 04/19/04 00
0437835770 05 06/01/04 0.0000
204256496 O 05/01/34
0
9002231 Y21/G01 F 424,000.00 ZZ
360 423,567.70 1
5.8750 2508.13 66
5.6250 2508.13
XXXXXXX XXX XX 00000 5 04/22/04 00
0437841638 03 06/01/04 0.0000
204195471 O 05/01/34
0
9002283 Y21/G01 F 580,000.00 ZZ
360 579,394.44 1
5.7500 3384.73 40
5.5000 3384.73
XXXXXXX XX 00000 2 04/23/04 00
0437840747 05 06/01/04 0.0000
204227763 O 05/01/34
0
9002303 Y21/G01 F 380,000.00 ZZ
360 379,593.75 1
5.6250 2187.50 80
5.3750 2187.50
XXXXXXX XX 00000 1 04/30/04 00
0437838436 05 06/01/04 0.0000
204232481 O 05/01/34
0
9002341 Y21/G01 F 450,000.00 ZZ
360 449,530.17 1
5.7500 2626.08 71
5.5000 2626.08
XXXXXXXXX XX 00000 2 04/22/04 00
0437840606 05 06/01/04 0.0000
204240891 O 05/01/34
0
9002363 Y21/G01 F 650,000.00 ZZ
360 649,321.35 1
5.7500 3793.23 50
5.5000 3793.23
XXXXXX XX 00000 2 04/23/04 00
0437831175 05 06/01/04 0.0000
204237068 O 05/01/34
0
9002377 Y21/G01 F 405,000.00 ZZ
360 404,587.08 1
5.8750 2395.73 67
5.6250 2395.73
XXXXXXXX XXXXXXX 00000 5 04/21/04 00
0437830607 05 06/01/04 0.0000
204260370 O 05/01/34
0
9002389 Y21/G01 F 453,000.00 ZZ
360 452,527.04 1
5.7500 2643.59 76
5.5000 2643.59
XXXXXXXX XX 00000 2 04/16/04 00
0437834211 05 06/01/04 0.0000
204169895 O 05/01/34
0
9002411 Y21/G01 F 350,000.00 ZZ
360 349,651.57 1
6.0000 2098.43 64
5.7500 2098.43
XXXXXXX XXXXX XX 00000 5 04/21/04 00
0437833320 05 06/01/04 0.0000
204250510 O 05/01/34
0
9002429 Y21/G01 F 351,000.00 ZZ
360 350,633.53 1
5.7500 2048.35 90
5.5000 2048.35
XXXXXXXXXX XX 00000 1 04/30/04 10
0437830375 05 06/01/04 25.0000
204256763 O 05/01/34
0
9002433 Y21/G01 F 365,000.00 ZZ
360 364,627.86 1
5.8750 2159.12 66
5.6250 2159.12
XXX XXXXXXX XX 00000 5 04/15/04 00
0437833809 05 06/01/04 0.0000
204227330 O 05/01/34
0
9002447 Y21/G01 F 390,000.00 ZZ
360 389,611.75 1
6.0000 2338.25 75
5.7500 2338.25
XXX XXXXXXXXX XX 00000 5 04/20/04 00
0437841158 05 06/01/04 0.0000
204287898 O 05/01/34
0
9002451 Y21/G01 F 647,000.00 ZZ
360 646,340.35 1
5.8750 3827.25 65
5.6250 3827.25
XXX XXXX XX 00000 2 04/15/04 00
0437829732 05 06/01/04 0.0000
204250404 O 05/01/34
0
9002463 Y21/G01 F 435,000.00 ZZ
360 434,566.95 1
6.0000 2608.05 49
5.7500 2608.05
XXXXXXX XXXXX XX 00000 5 04/15/04 00
0437822356 05 06/01/04 0.0000
204189594 O 05/01/34
0
9002471 Y21/G01 F 456,000.00 ZZ
360 455,546.04 1
6.0000 2733.96 80
5.7500 2733.96
XXXXXXXX XX 00000 1 04/20/04 00
0437829229 05 06/01/04 0.0000
204140935 O 05/01/34
0
9004039 Y94/G01 F 493,000.00 ZZ
360 492,472.95 1
5.6250 2837.99 36
5.3750 2837.99
XXXXXXXX XX 00000 2 04/13/04 00
0437842784 05 06/01/04 0.0000
0000010665 O 05/01/34
0
9007833 E82/G01 F 563,300.00 ZZ
360 563,300.00 1
5.8750 3332.13 58
5.6250 3332.13
XXXXXX XX 00000 2 05/07/04 00
0400981601 05 07/01/04 0.0000
0400981601 O 06/01/34
0
9007901 E22/G01 F 242,000.00 TX
360 242,000.00 1
6.1250 1470.42 47
5.8750 1470.42
XXXXXX XX 00000 5 05/05/04 00
0420509424 05 07/01/04 0.0000
0420509424 O 06/01/34
0
9007939 E22/G01 F 157,000.00 ZZ
360 157,000.00 1
5.8750 928.71 53
5.6250 928.71
XXXX XXXXX XX 00000 2 05/04/04 00
0420534232 05 07/01/04 0.0000
0420534232 O 06/01/34
0
9008271 E22/G01 F 470,000.00 ZZ
360 470,000.00 1
6.1250 2855.77 37
5.8750 2855.77
XXXXXXXX XX 00000 5 05/03/04 00
0420689622 03 07/01/04 0.0000
0420689622 O 06/01/34
0
9008359 E22/G01 F 320,000.00 ZZ
360 320,000.00 1
5.8750 1892.92 80
5.6250 1892.92
XXXX XXXXXX XX 00000 2 04/30/04 00
0420684508 05 07/01/04 0.0000
0420684508 O 06/01/34
0
9008623 Y94/G01 F 427,000.00 ZZ
360 426,543.51 1
5.6250 2458.05 56
5.3750 2458.05
XXX XXXX XX 00000 2 04/20/04 00
0437885338 05 06/01/04 0.0000
0000010728 O 05/01/34
0
9008661 Y94/G01 F 421,600.00 ZZ
360 421,159.83 1
5.7500 2460.34 80
5.5000 2460.34
XXXXXXXXXX XX 00000 2 04/13/04 00
0437929953 08 06/01/04 0.0000
0000010311 O 05/01/34
0
9009033 Y94/G01 F 364,000.00 ZZ
360 363,619.96 1
5.7500 2124.21 65
5.5000 2124.21
XXXXXX XX 00000 2 04/21/04 00
0437886773 05 06/01/04 0.0000
0000010577 O 05/01/34
0
9009937 S11/G01 F 500,000.00 ZZ
360 500,000.00 1
5.8750 2957.69 65
5.6250 2957.69
XXXXXXXX XX 00000 5 04/28/04 00
0437836059 03 07/01/04 0.0000
11501142 O 06/01/34
0
9012145 E82/G01 F 743,900.00 ZZ
360 743,900.00 1
5.8750 4400.45 50
5.6250 4400.45
XXXX XXXXXX XX 00000 2 05/05/04 00
0400977047 05 07/01/04 0.0000
0400977047 O 06/01/34
0
9012159 E82/G01 F 283,600.00 ZZ
360 283,600.00 1
6.0000 1700.33 52
5.7500 1700.33
XXXXXX XX 00000 2 05/06/04 00
0400984381 03 07/01/04 0.0000
0400984381 O 06/01/34
0
9012179 E22/G01 F 770,000.00 ZZ
360 770,000.00 1
6.0000 4616.54 63
5.7500 4616.54
XXX XXXXXXX XX 00000 5 05/03/04 00
0420590689 05 07/01/04 0.0000
0420590689 O 06/01/34
0
9012247 E22/G01 F 871,000.00 ZZ
360 871,000.00 1
5.5000 4945.44 65
5.2500 4945.44
XXXXXX XXXX XX 00000 2 05/05/04 00
0420397143 03 07/01/04 0.0000
0420397143 O 06/01/34
0
9012357 E22/G01 F 365,000.00 TX
360 365,000.00 1
5.7500 2130.04 60
5.5000 2130.04
XXXXXXXX XX 00000 5 05/06/04 00
0420089526 05 07/01/04 0.0000
0420089526 O 06/01/34
0
9012529 696/G01 F 696,400.00 ZZ
360 695,689.99 1
5.8750 4119.47 80
5.6250 4119.47
XXXXXXXXXX XX 00000 1 04/29/04 00
0437930118 05 06/01/04 0.0000
32604105 O 05/01/34
0
9012537 696/G01 F 500,000.00 ZZ
360 500,000.00 1
5.7500 2917.86 67
5.5000 2917.86
XXXXX XXXXX XX 00000 1 05/10/04 00
0437822463 05 07/01/04 0.0000
24604123 O 06/01/34
0
9012811 X89/G01 F 500,000.00 ZZ
360 500,000.00 1
5.6250 2878.29 69
5.3750 2878.29
XXX XXXX XX 00000 2 05/05/04 00
0437883416 05 07/01/04 0.0000
2041136 O 06/01/34
0
9013895 550/550 F 839,000.00 ZZ
360 839,000.00 2
6.0500 5057.24 70
5.8000 5057.24
XXXXXXXXX XX 00000 1 05/07/04 00
120711721 05 07/01/04 0.0000
120711721 O 06/01/34
0
9015646 E22/G01 F 97,000.00 ZZ
360 96,516.24 1
6.6250 621.10 70
6.3750 621.10
XXXXXXXXXXXX XX 00000 5 12/31/03 00
0419383864 05 02/01/04 0.0000
0419383864 O 01/01/34
0
9015977 356/356 F 384,000.00 ZZ
360 383,635.64 1
6.2500 2364.36 80
6.0000 2364.36
XXX XXXXX XX 00000 2 04/19/04 00
29148152 05 06/01/04 0.0000
29148152 O 05/01/34
0
9016057 196/G01 F 445,600.00 ZZ
360 445,145.68 1
5.8750 2635.90 80
5.6250 2635.90
XXXXXXXXXX XX 00000 1 04/28/04 00
0437859507 03 06/01/04 0.0000
1734867 O 05/01/34
0
9016177 A39/G01 F 540,000.00 ZZ
360 539,449.45 1
5.8750 3194.30 56
5.6250 3194.30
XXXX XXXXX XX 00000 2 04/21/04 00
0437836091 03 06/01/04 0.0000
2400616RFC O 05/01/34
0
9017119 E82/G01 F 336,100.00 ZZ
360 336,100.00 1
5.6250 1934.78 59
5.3750 1934.78
XXXXXX XX 00000 2 05/07/04 00
0400967667 03 07/01/04 0.0000
0400967667 O 06/01/34
0
9017121 E82/G01 F 190,000.00 ZZ
360 190,000.00 1
6.0000 1139.15 61
5.7500 1139.15
XXXXX XX 00000 5 05/07/04 00
0400979522 05 07/01/04 0.0000
0400979522 O 06/01/34
0
9017135 E82/G01 F 369,000.00 ZZ
360 369,000.00 1
5.7500 2153.38 44
5.5000 2153.38
XXXXXX XXXXX XXX 00000 5 05/07/04 00
0400977369 05 07/01/04 0.0000
0400977369 O 06/01/34
0
9017155 E82/G01 F 371,500.00 ZZ
360 371,500.00 1
5.7500 2167.97 58
5.5000 2167.97
XXXXXXXXX XX 00000 2 05/10/04 00
0400977773 05 07/01/04 0.0000
0400977773 O 06/01/34
0
9017157 E82/G01 F 399,000.00 ZZ
360 399,000.00 1
5.8750 2360.24 54
5.6250 2360.24
XXXXXXX XXXX XX 00000 2 05/07/04 00
0400982484 05 07/01/04 0.0000
0400982484 O 06/01/34
0
9017485 E22/G01 F 470,000.00 ZZ
360 470,000.00 1
5.7500 2742.79 62
5.5000 2742.79
XXXXXXXX XX 00000 5 05/07/04 00
0420623605 05 07/01/04 0.0000
0420623605 O 06/01/34
0
9021293 253/253 F 650,000.00 ZZ
360 649,352.92 1
6.0000 3897.08 77
5.7500 3897.08
XXXXXXXXX XX 00000 4 04/21/04 00
466236 05 06/01/04 0.0000
466236 O 05/01/34
0
9021407 253/253 F 500,000.00 ZZ
360 499,502.24 1
6.0000 2997.76 80
5.7500 2997.76
XXXXXXXXXX XX 00000 4 04/19/04 00
477333 03 06/01/04 0.0000
477333 O 05/01/34
0
9021721 E82/G01 F 515,900.00 ZZ
360 515,900.00 1
5.8750 3051.74 80
5.6250 3051.74
XXXXXXXX XX 00000 2 05/05/04 00
0400977443 05 07/01/04 0.0000
0400977443 O 06/01/34
0
9021739 E82/G01 F 121,000.00 ZZ
360 121,000.00 1
5.8750 715.76 73
5.6250 715.76
XXXX XX 00000 2 05/12/04 00
0400958740 05 07/01/04 0.0000
0400958740 O 06/01/34
0
9021745 E82/G01 F 377,000.00 ZZ
360 377,000.00 1
5.7500 2200.07 76
5.5000 2200.07
XXXXXXXXXXX XX 00000 2 05/10/04 00
0400968095 05 07/01/04 0.0000
0400968095 O 06/01/34
0
9021911 E22/G01 F 527,000.00 ZZ
360 527,000.00 1
6.0000 3159.63 49
5.7500 3159.63
XXXXXXXXX XXXXXX 00000 5 05/06/04 00
0420728248 05 07/01/04 0.0000
0420728248 O 06/01/34
0
9022319 E33/G01 F 260,000.00 ZZ
360 260,000.00 1
6.0000 1558.84 67
5.7500 1558.84
XXXX XXXXX XX 00000 1 05/25/04 00
0437918626 05 07/01/04 0.0000
75868 O 06/01/34
0
9022891 E22/G01 F 592,000.00 ZZ
360 592,000.00 1
6.1250 3597.05 61
5.8750 3597.05
XXXXXXXX XX 00000 5 04/30/04 00
0420522864 05 07/01/04 0.0000
0420522864 O 06/01/34
0
9023965 225/G01 F 347,500.00 ZZ
360 346,838.84 1
6.2500 2139.62 74
6.0000 2139.62
XXXXXXXXX XX 00000 2 03/16/04 00
0437842131 05 05/01/04 0.0000
007527308 O 04/01/34
0
9023967 225/G01 F 373,750.00 T
360 373,350.43 1
5.6250 2151.52 65
5.3750 2151.52
XXXXX XX 00000 1 04/16/04 00
0437842636 01 06/01/04 0.0000
007529153 O 05/01/34
0
9023971 225/G01 F 393,750.00 ZZ
360 392,964.06 1
6.0000 2360.74 72
5.7500 2360.74
XXXXXX XX 00000 5 03/18/04 00
0437842362 03 05/01/04 0.0000
007529828 O 04/01/34
0
9023981 225/G01 F 603,300.00 ZZ
360 602,684.91 1
5.8750 3568.75 70
5.6250 3568.75
XXXXXX XX 00000 2 04/06/04 00
0437843113 03 06/01/04 0.0000
007532163 O 05/01/34
0
9023987 225/G01 F 436,000.00 ZZ
360 435,555.47 1
5.8750 2579.11 55
5.6250 2579.11
XXXXXXXXXX XXXXX 00000 2 04/08/04 00
0437842743 05 06/01/04 0.0000
007532696 O 05/01/34
0
9023999 225/G01 F 450,000.00 ZZ
360 449,541.20 1
5.8750 2661.92 70
5.6250 2661.92
XXXXXX XX 00000 5 04/15/04 00
0437843121 03 06/01/04 0.0000
007533875 O 05/01/34
0
9024023 225/G01 F 1,000,000.00 ZZ
360 999,004.49 1
6.0000 5995.51 80
5.7500 5995.51
XXXXXXX XX 00000 4 04/01/04 00
0437843519 05 06/01/04 0.0000
006883232 O 05/01/34
0
9024039 225/G01 F 420,000.00 ZZ
360 419,181.49 1
6.1250 2551.96 80
5.8750 2551.96
XXXXXXXX XX 00000 4 03/19/04 00
0437866338 05 05/01/04 0.0000
006901748 O 04/01/34
0
9024043 225/G01 F 956,000.00 ZZ
360 953,198.21 1
6.1250 5808.76 79
5.8750 5808.76
XXXXXXXXX XX 00000 2 02/10/04 00
0437841836 03 04/01/04 0.0000
006960651 O 03/01/34
0
9024045 225/G01 F 580,000.00 ZZ
360 579,379.94 1
5.6250 3338.81 37
5.3750 3338.81
XXXXX XXXXX XX 00000 5 04/12/04 00
0437843071 05 06/01/04 0.0000
006965205 O 05/01/34
0
9024077 225/G01 F 357,950.00 T
360 357,285.16 1
6.3750 2233.15 80
6.1250 2233.15
XXXXX XXXX XX 00000 1 03/19/04 00
0437841968 03 05/01/04 0.0000
007524573 O 04/01/34
0
9024329 225/G01 F 385,000.00 ZZ
360 384,598.03 1
5.7500 2246.76 62
5.5000 2246.76
XXXXXXXXXX XX 00000 2 04/21/04 00
0437843535 05 06/01/04 0.0000
006971305 O 05/01/34
0
9024331 225/G01 F 609,000.00 ZZ
360 608,364.17 1
5.7500 3553.96 49
5.5000 3553.96
XXXXX XXXX XX 00000 2 04/20/04 00
0437841778 05 06/01/04 0.0000
006971960 O 05/01/34
0
9024333 225/G01 F 507,000.00 ZZ
360 506,445.06 1
5.5000 2878.69 43
5.2500 2878.69
XXXXXXX XX 00000 2 04/20/04 00
0437843659 05 06/01/04 0.0000
006975609 O 05/01/34
0
9024357 225/G01 F 359,000.00 ZZ
360 358,625.18 1
5.7500 2095.03 69
5.5000 2095.03
XXXXXXXXX XX 00000 2 04/23/04 00
0437843501 05 06/01/04 0.0000
007533758 O 05/01/34
0
9024369 225/G01 F 395,000.00 ZZ
360 394,597.27 1
5.8750 2336.58 70
5.6250 2336.58
XXXXXXX XX 00000 5 04/22/04 00
0437843600 05 06/01/04 0.0000
007535082 O 05/01/34
0
9024919 R55/G01 F 318,750.00 ZZ
360 318,750.00 1
6.1250 1936.76 75
5.8750 1936.76
XXXXXXXXXX XX 00000 1 05/07/04 00
0437888589 09 07/01/04 0.0000
AZINNES O 06/01/34
0
9025816 E22/G01 F 148,000.00 ZZ
360 147,202.54 1
5.8750 875.48 80
5.6250 875.48
XXXXXXX XX 00000 1 01/08/04 00
0419483417 01 02/01/04 0.0000
0419483417 O 01/01/34
0
9025969 E82/G01 F 499,000.00 ZZ
360 499,000.00 1
5.7500 2912.03 76
5.5000 2912.03
XXXXXX XX 00000 2 05/12/04 00
0400972154 03 07/01/04 0.0000
0400972154 O 06/01/34
0
9025973 E82/G01 F 380,100.00 ZZ
360 380,100.00 1
5.8750 2248.44 80
5.6250 2248.44
XXXXXXXXX XX 00000 2 05/13/04 00
0400982377 03 07/01/04 0.0000
0400982377 O 06/01/34
0
9025975 E82/G01 F 145,700.00 ZZ
360 145,700.00 1
5.6250 838.73 29
5.3750 838.73
XXXXXXXXXX XX 00000 2 05/12/04 00
0400974408 03 07/01/04 0.0000
0400974408 O 06/01/34
0
9025999 E82/G01 F 198,000.00 ZZ
360 198,000.00 1
5.8750 1171.24 47
5.6250 1171.24
XXXX XXXXXX XX 00000 5 05/10/04 00
0400981791 05 07/01/04 0.0000
0400981791 O 06/01/34
0
9028929 975/G01 F 396,500.00 ZZ
360 396,500.00 1
6.0000 2377.22 65
5.7500 2377.22
XXXXXX XX 00000 5 05/01/04 00
0437868763 05 07/01/04 0.0000
2042069 O 06/01/34
0
9029411 E82/G01 F 126,900.00 ZZ
360 126,900.00 1
5.7500 740.55 49
5.5000 740.55
XXXXX XXXXXX XX 00000 2 05/07/04 00
0400966982 05 07/01/04 0.0000
0400966982 O 06/01/34
0
9029425 E82/G01 F 403,500.00 ZZ
360 403,500.00 1
5.6250 2322.77 49
5.3750 2322.77
XXXXXXX XX 00000 2 05/14/04 00
0400971396 03 07/01/04 0.0000
0400971396 O 06/01/34
0
9029439 E82/G01 F 384,700.00 ZZ
360 384,700.00 1
5.8750 2275.65 79
5.6250 2275.65
XXXXX XXX XXXXXX 00000 2 05/11/04 00
0400978250 05 07/01/04 0.0000
0400978250 O 06/01/34
0
9029455 E82/G01 F 120,500.00 ZZ
360 120,500.00 1
5.8750 712.80 53
5.6250 712.80
XXXXXX XXXX XX 00000 2 05/14/04 00
0400983292 05 07/01/04 0.0000
0400983292 O 06/01/34
0
9029461 E82/G01 F 477,500.00 ZZ
360 477,500.00 1
5.7500 2786.56 48
5.5000 2786.56
XXXXXX XX 00000 2 05/14/04 00
0400975264 03 07/01/04 0.0000
0400975264 O 06/01/34
0
9029465 E82/G01 F 398,900.00 ZZ
360 398,900.00 1
6.0000 2391.61 80
5.7500 2391.61
XXXXXX XXXXXX XX 00000 2 05/12/04 00
0400982310 05 07/01/04 0.0000
0400982310 O 06/01/34
0
9029803 E22/G01 F 126,000.00 ZZ
360 126,000.00 1
6.5000 796.41 74
6.2500 796.41
XXXXXXX XX 00000 2 05/12/04 00
0420684565 05 07/01/04 0.0000
0420684565 O 06/01/34
0
9029945 E22/G01 F 535,000.00 ZZ
360 535,000.00 1
6.2500 3294.09 79
6.0000 3294.09
XXXXXXXX XX 00000 2 05/12/04 00
0420654204 05 07/01/04 0.0000
0420654204 O 06/01/34
0
9030313 E22/G01 F 408,000.00 ZZ
360 408,000.00 1
5.8750 2413.47 72
5.6250 2413.47
XXXXXXXX XX 00000 2 05/10/04 00
0420505125 05 07/01/04 0.0000
0420505125 O 06/01/34
0
9031049 D03/G01 F 389,600.00 ZZ
360 389,600.00 1
6.1250 2367.25 80
5.8750 2367.25
XXX XXXX XX 00000 1 04/23/04 00
0437900293 09 07/01/04 0.0000
71652104000423 O 06/01/34
0
9032012 E22/G01 F 184,800.00 ZZ
360 184,040.81 1
5.8750 1093.16 70
5.6250 1093.16
XXXXXX XX 00000 5 01/06/04 00
0419457403 05 03/01/04 0.0000
0419457403 O 02/01/34
0
9032057 696/G01 F 1,000,000.00 ZZ
360 1,000,000.00 1
5.8750 5915.38 63
5.6250 5915.38
XXXXXX XX 00000 1 05/14/04 00
0437898547 03 07/01/04 0.0000
25104101 O 06/01/34
0
9032603 E82/G01 F 352,700.00 ZZ
360 352,700.00 1
5.6250 2030.34 53
5.3750 2030.34
NORTH BETHESDAMD 20852 2 05/13/04 00
0400975637 05 07/01/04 0.0000
0400975637 O 06/01/34
0
9032783 B57/G01 F 399,900.00 ZZ
360 399,900.00 1
5.8750 2365.56 79
5.6250 2365.56
XXXXXXXXXX XX 00000 1 05/05/04 00
0437919343 03 07/01/04 0.0000
21013017 O 06/01/34
0
9033455 E22/G01 F 360,000.00 ZZ
360 360,000.00 1
6.1250 2187.40 76
5.8750 2187.40
XXXXX XXXX XX 00000 2 05/12/04 00
0420712259 05 07/01/04 0.0000
0420712259 O 06/01/34
0
9033865 E22/G01 F 184,000.00 ZZ
360 184,000.00 1
5.7500 1073.77 80
5.5000 1073.77
XXXXXX XX 00000 2 05/04/04 00
0420408494 05 07/01/04 0.0000
0420408494 O 06/01/34
0
9033961 E22/G01 F 330,000.00 ZZ
360 330,000.00 1
6.5000 2085.82 69
6.2500 2085.82
XXXXXX XX 00000 1 05/10/04 00
0420145260 05 07/01/04 0.0000
0420145260 O 06/01/34
0
9034799 L86/G01 F 485,000.00 ZZ
360 485,000.00 1
6.2500 2986.23 41
6.0000 2986.23
XXXXXXX XXXXXXXX 00000 2 05/13/04 00
0437911977 05 07/01/04 0.0000
14501517 O 06/01/34
0
9034883 Q97/G01 F 380,000.00 ZZ
360 380,000.00 1
5.7500 2217.58 59
5.5000 2217.58
XXXX XX 00000 1 05/14/04 00
0437891260 05 07/01/04 0.0000
16034263 O 06/01/34
0
9035887 E22/G01 F 350,000.00 ZZ
360 350,000.00 1
6.0000 2098.43 69
5.7500 2098.43
XXXXXXXXX XX 00000 1 05/07/04 00
0420765455 05 07/01/04 0.0000
0420765455 O 06/01/34
0
9036071 E22/G01 F 264,000.00 ZZ
360 264,000.00 1
6.1250 1604.09 65
5.8750 1604.09
XXXXXXXXX XX 00000 5 05/14/04 00
0420717019 05 07/01/04 0.0000
0420717019 O 06/01/34
0
9036139 E22/G01 F 625,000.00 ZZ
360 625,000.00 1
5.8750 3697.11 43
5.6250 3697.11
XXXXXX XX 00000 2 05/10/04 00
0420683237 05 07/01/04 0.0000
0420683237 O 06/01/34
0
9036191 E22/G01 F 644,000.00 ZZ
360 644,000.00 1
6.1250 3913.01 80
5.8750 3913.01
XXXXXX XX 00000 1 04/30/04 00
0420698177 05 07/01/04 0.0000
0420698177 O 06/01/34
0
9036357 E22/G01 F 346,400.00 ZZ
360 346,400.00 1
6.1250 2104.76 80
5.8750 2104.76
XXXXXXXXX XX 00000 1 05/06/04 00
0420601411 05 07/01/04 0.0000
0420601411 O 06/01/34
0
9036481 E22/G01 F 109,650.00 ZZ
360 109,650.00 1
6.2500 675.13 65
6.0000 675.13
XXXXX XXXXX XXXX 00000 2 05/13/04 00
0420558751 05 07/01/04 0.0000
0420558751 O 06/01/34
0
9037395 253/253 F 358,000.00 ZZ
360 358,000.00 1
6.0000 2146.40 68
5.7500 2146.40
XXXXXXXXX XX 00000 4 05/03/04 00
451710 05 07/01/04 0.0000
451710 O 06/01/34
0
9038899 E23/G01 F 350,000.00 ZZ
360 350,000.00 1
6.1250 2126.64 61
5.8750 2126.64
XX XXXXX XX 00000 5 05/11/04 00
0437890718 05 07/01/04 0.0000
11028199 O 06/01/34
0
9038935 B49/G01 F 367,500.00 ZZ
360 367,500.00 1
5.8750 2173.90 70
5.6250 2173.90
XXXXXXXXXXXX XX 00000 2 05/12/04 00
0437901408 05 07/01/04 0.0000
000371440603 O 06/01/34
0
9039391 Y69/G01 F 792,000.00 ZZ
360 791,153.30 1
5.6250 4559.20 38
5.3750 4559.20
XXXXXX XX 00000 2 04/23/04 00
0437902729 03 06/01/04 0.0000
0000000000 O 05/01/34
0
9039451 E82/G01 F 360,000.00 ZZ
360 360,000.00 1
5.7500 2100.86 80
5.5000 2100.86
XXXXXX XX 00000 2 05/10/04 00
0400971263 05 07/01/04 0.0000
0400971263 O 06/01/34
0
9039479 E82/G01 F 130,000.00 ZZ
360 130,000.00 1
6.0000 779.42 50
5.7500 779.42
XXXXXXXXXX XX 00000 1 05/17/04 00
0400984399 03 07/01/04 0.0000
0400984399 O 06/01/34
0
9039501 E82/G01 F 646,800.00 ZZ
360 646,800.00 1
5.7500 3774.55 34
5.5000 3774.55
XXXXX XXXXX XX 00000 2 05/19/04 00
0400966495 05 07/01/04 0.0000
0400966495 O 06/01/34
0
9039521 E82/G01 F 112,000.00 ZZ
360 112,000.00 1
6.1250 680.52 70
5.8750 680.52
XXXXX XX 00000 2 05/18/04 00
0400982922 03 07/01/04 0.0000
0400982922 O 06/01/34
0
9039539 E82/G01 F 226,800.00 ZZ
360 226,800.00 1
5.7500 1323.54 48
5.5000 1323.54
XXXXX XXXXXX XX 00000 2 05/18/04 00
0400979472 05 07/01/04 0.0000
0400979472 O 06/01/34
0
9040349 E22/G01 F 106,000.00 ZZ
360 106,000.00 1
5.8750 627.03 80
5.6250 627.03
XXXXXXXXXXXXX XX 00000 1 05/20/04 00
0420709750 05 07/01/04 0.0000
0420709750 O 06/01/34
0
9040663 E22/G01 F 131,500.00 ZZ
360 131,500.00 1
6.2500 809.67 70
6.0000 809.67
XXXXXXXX XX 00000 5 05/14/04 00
0420107732 05 07/01/04 0.0000
0420107732 O 06/01/34
0
9041178 E22/G01 F 208,000.00 ZZ
360 207,083.66 1
5.8750 1230.40 27
5.6250 1230.40
XXXXXX XXXXX XX 00000 2 01/08/04 00
0419170501 05 03/01/04 0.0000
0419170501 O 02/01/34
0
9041185 S43/G01 F 680,000.00 ZZ
360 680,000.00 1
6.1250 4131.75 80
5.8750 4131.75
XXXXXXXXXXX XX 00000 1 05/20/04 00
0437900525 03 07/01/04 0.0000
181040048400 O 06/01/34
0
9042537 696/G01 F 462,000.00 ZZ
360 462,000.00 1
5.7500 2696.11 80
5.5000 2696.11
XXXXXXXXXX XX 00000 1 05/20/04 00
0437895337 05 07/01/04 0.0000
30204053 O 06/01/34
0
9042835 E82/G01 F 383,500.00 ZZ
360 383,500.00 1
5.7500 2238.00 74
5.5000 2238.00
XXXXXXXX XX 00000 2 05/20/04 00
0400976825 03 07/01/04 0.0000
0400976825 O 06/01/34
0
9043361 E22/G01 F 588,000.00 ZZ
360 588,000.00 1
6.1250 3572.75 80
5.8750 3572.75
VENICE (LA) XX 00000 2 05/11/04 00
0420670028 05 07/01/04 0.0000
0420670028 O 06/01/34
0
9045016 E22/G01 F 178,600.00 ZZ
360 177,979.70 1
6.7500 1158.40 95
6.5000 1158.40
XXXXXXXXX XX 00000 2 01/13/04 01
0419368824 05 03/01/04 30.0000
0419368824 O 02/01/34
0
9046405 E82/G01 F 211,500.00 ZZ
360 211,500.00 1
5.8750 1251.10 38
5.6250 1251.10
XXXX XXXXXX XX 00000 2 05/21/04 00
0400979837 05 07/01/04 0.0000
0400979837 O 06/01/34
0
9046425 E82/G01 F 531,800.00 ZZ
360 531,800.00 1
5.7500 3103.44 67
5.5000 3103.44
XXXXXXXXXX XXXXX 00000 2 05/21/04 00
0400978011 29 07/01/04 0.0000
0400978011 O 06/01/34
0
9046441 E82/G01 F 583,000.00 ZZ
360 583,000.00 1
5.8750 3448.67 67
5.6250 3448.67
XXXX XXXXXX XX 00000 2 05/19/04 00
0400976601 03 07/01/04 0.0000
0400976601 O 06/01/34
0
9046623 E22/G01 F 169,700.00 ZZ
240 169,700.00 1
6.0000 1215.78 70
5.7500 1215.78
XXXXXXXX XX 00000 2 05/19/04 00
0420634974 05 07/01/04 0.0000
0420634974 O 06/01/24
0
9051133 S11/G01 F 436,000.00 ZZ
360 436,000.00 1
6.0000 2614.04 80
5.7500 2614.04
XXXXXX XXXXX XX 00000 1 05/04/04 00
0437909393 05 07/01/04 0.0000
11501208 O 06/01/34
0
9051155 696/G01 F 500,000.00 ZZ
360 500,000.00 1
6.1250 3038.05 80
5.8750 3038.05
XXXXXXXX XX 00000 1 05/20/04 00
0437902885 05 07/01/04 0.0000
32704092 O 06/01/34
0
9052552 E22/G01 F 75,000.00 ZZ
360 74,726.58 1
6.5000 474.05 56
6.2500 474.05
XXXXX XX 00000 5 01/12/04 00
0419435920 05 03/01/04 0.0000
0419435920 O 02/01/34
0
9053479 E22/G01 F 427,462.00 ZZ
360 427,462.00 1
6.0000 2562.85 75
5.7500 2562.85
XXXXXXXXXX XX 00000 1 05/06/04 00
0420796328 05 07/01/04 0.0000
0420796328 O 06/01/34
0
9054944 E22/G01 F 190,320.00 ZZ
360 189,538.15 1
5.8750 1125.81 80
5.6250 1125.81
XXXXXXXX XX 00000 1 01/16/04 00
0419395215 03 03/01/04 0.0000
0419395215 O 02/01/34
0
9056465 D03/G01 F 487,000.00 ZZ
360 487,000.00 1
6.0000 2919.81 60
5.7500 2919.81
XXXX XXXX XX 00000 5 05/12/04 00
0437924962 05 07/01/04 0.0000
1040004492 O 06/01/34
0
9057169 U42/G01 F 500,000.00 T
360 500,000.00 1
6.5000 3160.34 67
6.2500 3160.34
XXXXXXXXXXX XX 00000 1 05/19/04 00
0437933815 03 07/01/04 0.0000
61300043 O 06/01/34
0
9057209 Y94/G01 F 389,000.00 ZZ
360 389,000.00 1
5.7500 2270.10 57
5.5000 2270.10
XXXXXXXXX XX 00000 2 05/18/04 00
0437927437 05 07/01/04 0.0000
0000010789 O 06/01/34
0
9057215 Y94/G01 F 400,000.00 ZZ
360 400,000.00 1
6.1250 2430.44 50
5.8750 2430.44
XXXXXXXXX XX 00000 5 05/04/04 00
0437921810 05 07/01/04 0.0000
0000010847 O 06/01/34
0
9057399 E23/G01 F 136,000.00 ZZ
360 136,000.00 1
6.0000 815.39 53
5.7500 815.39
XXXXXXXXX XXXXXX 00000 5 05/13/04 00
0437938624 05 07/01/04 0.0000
91001545 O 06/01/34
0
9058657 E22/G01 F 170,000.00 ZZ
360 170,000.00 1
5.8750 1005.61 75
5.6250 1005.61
XXXXXXXX XX 00000 1 05/27/04 00
0420741258 05 07/01/04 0.0000
0420741258 O 06/01/34
0
9059063 E82/G01 F 300,000.00 ZZ
360 300,000.00 2
5.8750 1774.61 75
5.6250 1774.61
XXXXXXX XX 00000 2 05/20/04 00
0400978029 05 07/01/04 0.0000
0400978029 O 06/01/34
0
9059127 E82/G01 F 231,000.00 ZZ
360 231,000.00 1
5.8750 1366.45 56
5.6250 1366.45
XXXXX XXXXXX XX 00000 2 05/21/04 00
0400981239 05 07/01/04 0.0000
0400981239 O 06/01/34
0
9059141 E82/G01 F 321,900.00 ZZ
360 321,900.00 1
5.7500 1878.52 71
5.5000 1878.52
XXXX XXXXX XX 00000 2 05/20/04 00
0400977732 05 07/01/04 0.0000
0400977732 O 06/01/34
0
9059403 E82/G01 F 369,600.00 ZZ
360 369,600.00 1
5.8750 2186.32 59
5.6250 2186.32
XXXX XXXXX XX 00000 5 05/20/04 00
0400984993 05 07/01/04 0.0000
0400984993 O 06/01/34
0
9061687 E82/G01 F 368,200.00 ZZ
360 368,200.00 1
5.8750 2178.04 62
5.6250 2178.04
XXXXX XXXXX XX 00000 5 05/19/04 00
0400965042 29 07/01/04 0.0000
0400965042 O 06/01/34
0
9062521 E22/G01 F 242,800.00 ZZ
360 242,800.00 1
6.5000 1534.66 80
6.2500 1534.66
XXXXXXX XXXXXXXX 00000 1 05/28/04 00
0420918120 05 07/01/04 0.0000
0420918120 O 06/01/34
0
9064527 E22/G01 F 393,000.00 ZZ
360 393,000.00 1
5.7500 2293.44 69
5.5000 2293.44
XXXXXX XX 00000 1 05/28/04 00
0420669608 05 07/01/04 0.0000
0420669608 O 06/01/34
0
9065527 696/G01 F 608,000.00 ZZ
360 608,000.00 1
6.0000 3645.27 80
5.7500 3645.27
XXXXXXX XX 00000 1 05/26/04 00
0437924483 03 07/01/04 0.0000
33604082 O 06/01/34
0
9067679 X91/X91 F 580,000.00 ZZ
360 580,000.00 1
5.7500 3384.72 66
5.5000 3384.72
XXXXXXX XX 00000 1 05/25/04 00
813309 29 07/01/04 0.0000
813309 O 06/01/34
0
9069767 696/G01 F 484,000.00 ZZ
360 484,000.00 1
5.8750 2863.04 80
5.6250 2863.04
XXXXXXXXXXX XX 00000 1 05/28/04 00
0437927684 03 07/01/04 0.0000
21704058 O 06/01/34
0
9072792 E82/G01 F 212,000.00 ZZ
360 210,910.80 1
5.8750 1254.06 38
5.6250 1254.06
XXXXXX XXXXX XXX 00000 2 01/15/04 00
0400939336 05 03/01/04 0.0000
0400939336 O 02/01/34
0
9074418 E22/G01 F 245,000.00 ZZ
360 243,993.48 1
5.8750 1449.27 49
5.6250 1449.27
XXXXX XXX XXXXXX 00000 2 01/16/04 00
0419484720 05 03/01/04 0.0000
0419484720 O 02/01/34
0
9076615 E22/G01 F 150,100.00 ZZ
360 150,100.00 1
6.1250 912.02 29
5.8750 912.02
XXXXXXXXXX XX 00000 5 05/27/04 00
0419933171 05 07/01/04 0.0000
0419933171 O 06/01/34
0
9076993 E22/G01 F 165,000.00 ZZ
360 165,000.00 1
5.8750 976.04 51
5.6250 976.04
XXXX XXXXX XX 00000 1 06/03/04 00
0420915431 03 07/01/04 0.0000
0420915431 O 06/01/34
0
9078926 E22/G01 F 284,600.00 ZZ
360 283,430.78 1
5.8750 1683.52 53
5.6250 1683.52
XXXXXX XXXXXX XX 00000 2 01/20/04 00
0419646591 05 03/01/04 0.0000
0419646591 O 02/01/34
0
9083843 696/G01 F 234,000.00 ZZ
360 234,000.00 1
6.3750 1459.86 45
6.1250 1459.86
XXXXX XXXXXXX XX 00000 2 05/27/04 00
0437942857 05 07/01/04 0.0000
32704108 O 06/01/34
0
9084441 Y65/G01 F 575,000.00 ZZ
360 575,000.00 1
5.8750 3401.34 60
5.6250 3401.34
XXXXXX XX 00000 5 05/13/04 00
0437957749 05 07/01/04 0.0000
40150138 O 06/01/34
0
9084457 Y65/G01 F 397,000.00 ZZ
360 397,000.00 1
6.0000 2380.22 68
5.7500 2380.22
XXXXXXX XX 00000 5 05/06/04 00
0437957202 05 07/01/04 0.0000
40157785 O 06/01/34
0
9084499 Y65/G01 F 490,000.00 ZZ
360 490,000.00 1
5.7500 2859.51 61
5.5000 2859.51
XXXXX XXXX XX 00000 1 05/04/04 00
0437957327 05 07/01/04 0.0000
40154517 O 06/01/34
0
9084535 Y65/G01 F 455,000.00 ZZ
360 455,000.00 1
5.7500 2655.26 59
5.5000 2655.26
XXX XXXXXXX XXXX 00000 2 05/04/04 00
0437956634 05 07/01/04 0.0000
40154259 O 06/01/34
0
9084547 Y65/G01 F 373,000.00 ZZ
360 372,219.26 1
5.7500 2176.73 64
5.5000 2176.73
XXXXX XXXXXX XX 00000 2 03/25/04 00
0437957699 01 05/01/04 0.0000
40137647 O 04/01/34
0
9084592 E22/G01 F 333,700.00 ZZ
360 332,329.09 1
5.8750 1973.96 75
5.6250 1973.96
XXXXX XX 00000 1 01/30/04 00
0419642855 03 03/01/04 0.0000
0419642855 O 02/01/34
0
9084621 Y65/G01 F 507,600.00 ZZ
360 507,600.00 1
5.7500 2962.22 47
5.5000 2962.22
XXXXXXX XX 00000 2 05/13/04 00
0437957814 05 07/01/04 0.0000
40157787 O 06/01/34
0
9087239 S11/G01 F 505,000.00 ZZ
360 505,000.00 1
5.8750 2987.27 64
5.6250 2987.27
XXXXXXXXX XX 00000 5 05/13/04 00
0437954613 05 07/01/04 0.0000
11501059 O 06/01/34
0
9088393 S11/G01 F 420,000.00 ZZ
360 420,000.00 1
6.0000 2518.11 68
5.7500 2518.11
XXXXXXXXXX XXXXX 00000 1 05/17/04 00
0437953854 05 07/01/04 0.0000
11501349 O 06/01/34
0
9096596 E22/G01 F 202,500.00 ZZ
360 201,847.50 1
5.6250 1165.70 44
5.3750 1165.70
XXXXXXXX XX 00000 5 01/28/04 00
0419552641 05 04/01/04 0.0000
0419552641 O 03/01/34
0
9104798 E22/G01 F 112,000.00 ZZ
360 111,539.88 1
5.8750 662.52 54
5.6250 662.52
XXXXXXXX XX 00000 5 02/02/04 00
0419469168 05 03/01/04 0.0000
0419469168 O 02/01/34
0
9109470 E82/G01 F 306,650.00 ZZ
360 305,707.48 1
5.8750 1813.95 78
5.6250 1813.95
XXXXXXXXX XX 00000 2 02/04/04 00
0400947081 05 04/01/04 0.0000
0400947081 O 03/01/34
0
9109498 E82/G01 F 109,000.00 ZZ
360 107,280.40 1
5.8750 644.78 72
5.6250 644.78
XXXXXX XX 00000 2 02/06/04 00
0400948741 05 04/01/04 0.0000
0400948741 O 03/01/34
0
9116718 Y65/G01 F 476,000.00 ZZ
360 474,088.14 2
6.0000 2853.86 70
5.7500 2853.86
XXXXXXX XX 00000 1 01/09/04 00
0437476401 05 03/01/04 0.0000
40116797 O 02/01/34
0
9117070 E82/G01 F 227,500.00 ZZ
360 226,800.75 1
5.8750 1345.75 55
5.6250 1345.75
XXXX XXXXXX XX 00000 5 02/06/04 00
0400948097 05 04/01/04 0.0000
0400948097 O 03/01/34
0
9132530 E22/G01 F 200,000.00 ZZ
360 199,150.85 1
5.8750 1183.08 33
5.6250 1183.08
XXXXXXXXX XXXXXX 00000 2 02/11/04 00
0419647433 05 04/01/04 0.0000
0419647433 O 03/01/34
0
9142858 E82/G01 F 300,900.00 ZZ
360 299,975.13 1
5.8750 1779.94 67
5.6250 1779.94
XXXXXX XXXX XX 00000 2 02/20/04 00
0400953733 05 04/01/04 0.0000
0400953733 O 03/01/34
0
9143214 E22/G01 F 68,000.00 ZZ
240 67,549.72 1
5.8750 482.28 60
5.6250 482.28
XXXXXXXXX XX 00000 5 02/17/04 00
0419699681 05 04/01/04 0.0000
0419699681 O 03/01/24
0
9144072 956/956 F 410,000.00 ZZ
360 408,678.89 1
5.6250 2360.19 55
5.3750 2360.19
XXXXXXX XX 00000 2 02/04/04 00
1614010109 03 04/01/04 0.0000
1614010109 O 03/01/34
0
9147530 F99/G01 F 364,000.00 ZZ
360 362,304.60 1
5.8750 2153.20 80
5.6250 2153.20
XXXXXX XX 00000 1 01/30/04 00
0437510944 05 03/01/04 0.0000
4703246026 O 02/01/34
0
9151996 E22/G01 F 150,000.00 ZZ
360 149,538.95 1
5.8750 887.31 32
5.6250 887.31
XXXXXXXXXX XX 00000 1 02/19/04 00
0419826045 03 04/01/04 0.0000
0419826045 O 03/01/34
0
9157608 313/G01 F 450,000.00 ZZ
360 448,194.60 1
6.0000 2697.98 33
5.7500 2697.98
XXXX XXXXX XX 00000 2 01/08/04 00
0437530876 05 03/01/04 0.0000
10023703 O 02/01/34
0
9159606 E22/G01 F 650,000.00 ZZ
360 648,002.13 1
5.8750 3845.00 62
5.6250 3845.00
XXXXXXXX XX 00000 1 03/01/04 00
0419641139 05 04/01/04 0.0000
0419641139 O 03/01/34
0
9171020 P27/G01 F 121,400.00 ZZ
360 121,026.85 1
5.8750 718.13 70
5.6250 718.13
XXXXXXX XX 00000 5 02/20/04 00
0437531890 05 04/01/04 0.0000
IA76408 O 03/01/34
0
9181090 M45/G01 F 392,000.00 ZZ
360 390,731.78 1
5.7500 2287.61 80
5.5000 2287.61
XXXXXXXXX XX 00000 1 02/20/04 00
0437543309 03 04/01/04 0.0000
A0621765 O 03/01/34
0
9181118 M45/G01 F 595,000.00 ZZ
360 593,127.39 1
5.7500 3472.26 63
5.5000 3472.26
XXXXXX XX 00000 2 02/25/04 00
0437543481 05 04/01/04 0.0000
A0644408 O 03/01/34
0
9182210 E22/G01 F 151,000.00 ZZ
360 150,290.37 1
5.8750 893.22 65
5.6250 893.22
XXXXXX XX 00000 5 03/03/04 00
0419921572 05 05/01/04 0.0000
0419921572 O 04/01/34
0
9183186 696/G01 F 413,600.00 ZZ
360 412,298.30 1
5.7500 2413.66 80
5.5000 2413.66
XXXXXXXXXX XX 00000 1 02/26/04 00
0437537764 07 04/01/04 0.0000
32604026 O 03/01/34
0
9188448 P59/G01 F 497,000.00 ZZ
360 496,007.99 1
6.0000 2979.77 46
5.7500 2979.77
XXXXXXXXX XX 00000 2 03/03/04 00
0437652092 05 05/01/04 0.0000
AT008469 O 04/01/34
0
9189856 E22/G01 F 110,000.00 ZZ
360 109,775.15 1
5.8750 650.69 50
5.6250 650.69
XXXXXX XX 00000 5 03/05/04 00
0419948302 05 05/01/04 0.0000
0419948302 O 04/01/34
0
9190224 E22/G01 F 378,000.00 ZZ
360 375,454.72 1
5.8750 2236.01 69
5.6250 2236.01
XXXXX XX 00000 2 03/01/04 00
0419771555 05 05/01/04 0.0000
0419771555 O 04/01/34
0
9191758 588/G01 F 357,000.00 ZZ
360 355,978.49 1
6.2500 2198.11 76
6.0000 2198.11
XXXXXXXX XXXXXXX 00000 2 02/04/04 00
0437577695 05 04/01/04 0.0000
1114819 O 03/01/34
0
9193070 E22/G01 F 107,000.00 ZZ
360 106,781.27 1
5.8750 632.95 39
5.6250 632.95
XXXXXXXX XXXXXXX 00000 5 03/03/04 00
0419840855 05 05/01/04 0.0000
0419840855 O 04/01/34
0
9195658 696/G01 F 634,000.00 ZZ
360 632,004.67 1
5.7500 3699.85 65
5.5000 3699.85
XXXXXXXXXX XX 00000 2 02/27/04 00
0437572076 09 04/01/04 0.0000
60204002 O 03/01/34
0
9199674 E22/G01 F 320,000.00 ZZ
360 319,330.20 1
5.7500 1867.43 79
5.5000 1867.43
XXXXXXXXXXXX XX 00000 2 03/09/04 00
0420111833 05 05/01/04 0.0000
0420111833 O 04/01/34
0
9200228 E82/G01 F 387,050.00 ZZ
360 386,258.83 1
5.8750 2289.55 74
5.6250 2289.55
XXXXX XX 00000 2 03/09/04 00
0400956876 05 05/01/04 0.0000
0400956876 O 04/01/34
0
9200268 E82/G01 F 416,000.00 ZZ
360 415,129.26 1
5.7500 2427.66 69
5.5000 2427.66
XXXXX XXXXXX XX 00000 2 03/12/04 00
0400960811 05 05/01/04 0.0000
0400960811 O 04/01/34
0
9208206 956/G01 F 395,000.00 ZZ
360 393,785.92 1
5.8750 2336.57 59
5.6250 2336.57
XXX XXXXXXX XX 00000 5 02/27/04 00
0437658834 05 04/01/04 0.0000
2914020029 O 03/01/34
0
9208216 956/G01 F 320,000.00 ZZ
360 319,330.20 1
5.7500 1867.43 55
5.5000 1867.43
XXXXXXX XX 00000 5 03/01/04 00
0437660160 05 05/01/04 0.0000
3414020058 O 04/01/34
0
9208320 956/G01 F 403,200.00 ZZ
360 401,960.72 1
5.8750 2385.08 72
5.6250 2385.08
XXX XXXXX XX 00000 2 02/24/04 00
0437658859 05 04/01/04 0.0000
5314010022 O 03/01/34
0
9208366 956/G01 F 380,000.00 ZZ
360 378,757.48 1
5.8750 2247.84 72
5.6250 2247.84
XXXXXX XXXXXX XX 00000 2 02/20/04 00
0437660491 05 04/01/04 0.0000
214020004 O 03/01/34
0
9208376 956/G01 F 504,000.00 ZZ
360 501,974.10 1
5.6250 2901.31 56
5.3750 2901.31
XXXXXXXXXX XX 00000 2 02/26/04 00
0437660533 03 04/01/04 0.0000
414020136 O 03/01/34
0
9208382 956/G01 F 425,000.00 ZZ
360 424,110.43 1
5.7500 2480.18 64
5.5000 2480.18
XXXX XX 00000 2 03/05/04 00
0437660541 03 05/01/04 0.0000
414020149 O 04/01/34
0
9209214 956/G01 F 384,000.00 ZZ
360 382,795.95 1
5.8750 2271.51 74
5.6250 2271.51
XXXXXXX XX 00000 2 02/02/04 00
0437658933 05 04/01/04 0.0000
1114010292 O 03/01/34
0
9209218 956/G01 F 405,000.00 ZZ
360 403,755.15 1
5.8750 2395.73 68
5.6250 2395.73
XXXXXXX XXXXX XX 00000 2 02/10/04 00
0437660780 03 04/01/04 0.0000
1114020044 O 03/01/34
0
9209228 956/G01 F 367,000.00 ZZ
360 365,871.99 1
5.8750 2170.94 74
5.6250 2170.94
XXX XXXX XX 00000 2 02/18/04 00
0437662505 05 04/01/04 0.0000
1114020249 O 03/01/34
0
9212858 E82/G01 F 570,350.00 ZZ
360 569,184.15 1
5.8750 3373.84 59
5.6250 3373.84
XXXX XXXXXX XX 00000 2 03/15/04 00
0400955076 03 05/01/04 0.0000
0400955076 O 04/01/34
0
9213012 E22/G01 F 390,900.00 ZZ
360 390,081.79 1
5.7500 2281.19 50
5.5000 2281.19
XXXXXXXX XX 00000 2 03/15/04 00
0420269623 03 05/01/04 0.0000
0420269623 O 04/01/34
0
9221174 E82/G01 F 346,100.00 ZZ
360 345,141.33 1
5.8750 2047.31 61
5.6250 2047.31
XXXXXXXX XX 00000 2 03/18/04 00
0400956843 05 05/01/04 0.0000
0400956843 O 04/01/34
0
9224952 E82/G01 F 345,000.00 ZZ
360 344,311.36 1
6.0000 2068.45 44
5.7500 2068.45
XXX XXXXXXX XX 00000 2 03/19/04 00
0400954707 05 05/01/04 0.0000
0400954707 O 04/01/34
0
9224966 E82/G01 F 359,450.00 ZZ
360 358,715.26 1
5.8750 2126.28 74
5.6250 2126.28
XXXXX XX 00000 2 03/19/04 00
0400956744 03 05/01/04 0.0000
0400956744 O 04/01/34
0
9225120 E22/G01 F 472,000.00 ZZ
360 471,012.06 1
5.7500 2754.46 63
5.5000 2754.46
XXXXX XXXXXX XX 00000 2 03/16/04 00
0420200644 01 05/01/04 0.0000
0420200644 O 04/01/34
0
9227880 L01/G01 F 375,000.00 ZZ
360 374,233.47 1
5.8750 2218.27 74
5.6250 2218.27
XXXXXX XX 00000 2 03/22/04 00
0437647654 03 05/01/04 0.0000
15386786 O 04/01/34
0
9228916 E82/G01 F 548,000.00 ZZ
360 546,906.19 1
6.0000 3285.54 57
5.7500 3285.54
XXXXXXX XX 00000 5 03/23/04 00
0400955688 03 05/01/04 0.0000
0400955688 O 04/01/34
0
9229038 E22/G01 F 420,000.00 ZZ
360 418,816.31 1
5.6250 2417.76 55
5.3750 2417.76
XXX XXXXXXXXX XX 00000 2 03/03/04 00
0420029597 01 05/01/04 0.0000
0420029597 O 04/01/34
0
9242306 E22/G01 F 70,000.00 ZZ
240 69,682.55 1
5.6250 486.48 38
5.3750 486.48
XXXXX XX 00000 2 03/22/04 00
0419979869 03 05/01/04 0.0000
0419979869 O 04/01/24
0
9243686 F62/F62 F 85,000.00 ZZ
240 84,437.14 1
5.8750 602.85 63
5.6250 602.85
XXX XXXXX XX 00000 5 02/19/04 00
39681 05 04/01/04 0.0000
39681 O 03/01/24
0
9244086 N47/G01 F 385,000.00 ZZ
360 384,194.14 1
5.7500 2246.76 58
5.5000 2246.76
XXXXX XXXXX XX 00000 5 03/19/04 00
0437683642 03 05/01/04 0.0000
30514221 O 04/01/34
0
9244792 E22/G01 F 229,600.00 ZZ
360 229,119.43 1
5.7500 1339.88 80
5.5000 1339.88
XXXXX XXXXXXX XX 00000 1 03/29/04 00
0420136434 03 05/01/04 0.0000
0420136434 O 04/01/34
0
9245980 313/G01 F 400,000.00 ZZ
360 398,711.09 1
5.6250 2302.63 60
5.3750 2302.63
XXXX XX 00000 1 02/12/04 00
0437651219 05 04/01/04 0.0000
10081305 O 03/01/34
0
9246024 313/G01 F 412,000.00 ZZ
360 410,733.65 1
5.8750 2437.14 80
5.6250 2437.14
N XXXXX XX 00000 1 12/02/03 00
0437651128 05 04/01/04 0.0000
10001030 O 03/01/34
0
9246048 313/G01 F 383,000.00 ZZ
360 381,794.62 1
5.7500 2235.08 60
5.5000 2235.08
XXXXX XX 00000 2 02/09/04 00
0437651722 05 04/01/04 0.0000
10082162 O 03/01/34
0
9247286 U55/G01 F 399,900.00 ZZ
360 399,042.96 1
5.6250 2302.05 51
5.3750 2302.05
XXXXXX XX 00000 2 03/26/04 00
0437650187 05 05/01/04 0.0000
0403050002 O 04/01/34
0
9248266 E82/G01 F 535,400.00 ZZ
360 534,780.66 1
5.8750 3167.09 80
5.6250 3167.09
XXXXX XXXXX XX 00000 2 03/25/04 00
0400959094 05 06/01/04 0.0000
0400959094 O 05/01/34
0
9249048 E82/G01 F 479,000.00 ZZ
360 478,511.63 1
5.8750 2833.47 55
5.6250 2833.47
XXX XXXXXXX XX 00000 2 03/25/04 00
0400959938 05 06/01/04 0.0000
0400959938 O 05/01/34
0
9250290 E22/G01 F 220,000.00 ZZ
360 219,349.33 1
5.8750 1301.38 49
5.6250 1301.38
XXXXX XXXX XX 00000 5 03/25/04 00
0420064883 05 05/01/04 0.0000
0420064883 O 04/01/34
0
9259684 Y65/G01 F 418,000.00 ZZ
360 417,125.09 1
5.7500 2439.33 56
5.5000 2439.33
XXXXXXXX XX 00000 2 03/15/04 00
0437684780 03 05/01/04 0.0000
40140384 O 04/01/34
0
9259708 Y65/G01 F 430,000.00 ZZ
360 429,201.36 1
6.3750 2682.64 69
6.1250 2682.64
XXXXXX XX 00000 5 03/12/04 00
0437683386 05 05/01/04 0.0000
40136914 O 04/01/34
0
9259750 Y65/G01 F 377,000.00 ZZ
360 376,229.38 1
5.8750 2230.10 76
5.6250 2230.10
XXXX XXXXX XX 00000 2 02/24/04 00
0437676893 03 05/01/04 0.0000
40133068 O 04/01/34
0
9259860 Y65/G01 F 830,600.00 ZZ
360 828,902.19 1
5.8750 4913.31 70
5.6250 4913.31
XXX XXXXX XX 00000 2 03/03/04 00
0437685399 05 05/01/04 0.0000
40129085 O 04/01/34
0
9260022 Y65/G01 F 430,000.00 ZZ
360 429,121.05 1
5.8750 2543.61 62
5.6250 2543.61
XXXXXXXX XXXX XX 00000 5 03/10/04 00
0437687296 05 05/01/04 0.0000
40139063 O 04/01/34
0
9260036 X05/G01 F 480,000.00 ZZ
360 479,018.84 1
5.8750 2839.38 80
5.6250 2839.38
XXXXXXXXX XX 00000 1 03/15/04 00
0437654593 01 05/01/04 0.0000
10500134 O 04/01/34
0
9261854 E82/G01 F 365,200.00 ZZ
360 364,818.71 1
5.7500 2131.21 57
5.5000 2131.21
XXX XXXXXX XX 00000 2 03/29/04 00
0400964805 05 06/01/04 0.0000
0400964805 O 05/01/34
0
9261856 E82/G01 F 352,000.00 ZZ
360 351,604.46 1
5.8750 2082.21 77
5.6250 2082.21
XXXXXXX XX 00000 2 04/01/04 00
0400963435 05 06/01/04 0.0000
0400963435 O 05/01/34
0
9262508 E22/G01 F 100,100.00 ZZ
360 99,997.94 1
5.8750 592.13 63
5.6250 592.13
XXXXXXXXX XX 00000 5 03/29/04 00
0420179111 05 06/01/04 0.0000
0420179111 O 05/01/34
0
9263626 D03/G01 F 398,000.00 ZZ
360 397,166.93 1
5.7500 2322.62 64
5.5000 2322.62
XXXXXXXXX XX 00000 2 03/16/04 00
0437717770 05 05/01/04 0.0000
1040004251 O 04/01/34
0
9264782 P60/G01 F 500,000.00 ZZ
360 499,502.24 1
6.0000 2997.76 52
5.7500 2997.76
XXXXXXXXXX XX 00000 1 04/30/04 00
0437806771 05 06/01/04 0.0000
867161 O 05/01/34
0
9266002 196/G01 F 392,000.00 ZZ
360 391,198.72 1
5.8750 2318.83 80
5.6250 2318.83
XXXXXXXX XX 00000 2 03/01/04 00
0437729593 05 05/01/04 0.0000
1753018 O 04/01/34
0
9266004 196/G01 F 402,000.00 ZZ
360 401,178.27 1
5.8750 2377.99 80
5.6250 2377.99
XXXXXXXXXX XX 00000 1 03/05/04 00
0437729627 05 05/01/04 0.0000
1753065 O 04/01/34
0
9266010 196/G01 F 550,000.00 ZZ
360 548,875.75 1
5.8750 3253.46 69
5.6250 3253.46
XXX XXXXXXXX XX 00000 1 03/02/04 00
0437730138 03 05/01/04 0.0000
1753657 O 04/01/34
0
9266012 196/G01 F 425,000.00 ZZ
360 424,131.26 1
5.8750 2514.04 74
5.6250 2514.04
XXXX XX 00000 2 03/09/04 00
0437729775 05 05/01/04 0.0000
1753673 O 04/01/34
0
9266036 196/G01 F 490,000.00 ZZ
360 488,998.39 1
5.8750 2898.54 69
5.6250 2898.54
XXXXXXX XX 00000 2 03/24/04 00
0437733819 05 05/01/04 0.0000
1757195 O 04/01/34
0
9266038 196/G01 F 345,000.00 ZZ
360 344,277.86 1
5.7500 2013.33 62
5.5000 2013.33
XXXXXXXXX XXXXXX 00000 2 03/26/04 00
0437738644 05 05/01/04 0.0000
1757582 O 04/01/34
0
9266042 196/G01 F 418,000.00 ZZ
360 417,125.07 1
5.7500 2439.34 70
5.5000 2439.34
XXXXXX XX 00000 2 03/16/04 00
0437758493 03 05/01/04 0.0000
1757869 O 04/01/34
0
9266056 196/G01 F 394,800.00 ZZ
360 393,973.62 1
5.7500 2303.95 61
5.5000 2303.95
XXXXXX XX 00000 2 03/26/04 00
0437732530 05 05/01/04 0.0000
1736771 O 04/01/34
0
9266130 196/G01 F 610,000.00 ZZ
360 608,723.18 1
5.7500 3559.80 57
5.5000 3559.80
XXXXXXXXX XX 00000 1 03/31/04 00
0437736614 03 05/01/04 0.0000
1752872 O 04/01/34
0
9266132 196/G01 F 470,200.00 ZZ
360 469,238.85 1
5.8750 2781.42 79
5.6250 2781.42
XXX XXXXXX XX 00000 2 03/19/04 00
0437729254 05 05/01/04 0.0000
1752897 O 04/01/34
0
9266140 196/G01 F 347,513.00 ZZ
360 346,773.25 1
5.8750 2055.68 80
5.6250 2055.68
XXXXXXX XX 00000 1 03/11/04 00
0437703838 05 05/01/04 0.0000
1698325 O 04/01/34
0
9266150 196/G01 F 383,750.00 ZZ
360 382,946.74 1
5.7500 2239.47 72
5.5000 2239.47
XXXXXX XX 00000 1 03/25/04 00
0437710619 05 05/01/04 0.0000
1732033 O 04/01/34
0
9266386 Y21/G01 F 436,000.00 ZZ
360 435,129.73 1
6.0000 2614.05 80
5.7500 2614.05
XXXXXX XXXXXX XX 00000 1 03/03/04 00
0437678733 05 05/01/04 0.0000
204114098 O 04/01/34
0
9266392 Y21/G01 F 371,080.00 ZZ
360 370,115.24 1
5.7500 2165.52 63
5.5000 2165.52
THE XXXXXXXXX XX 00000 2 03/16/04 00
0437681174 03 05/01/04 0.0000
204137586 O 04/01/34
0
9266434 Y21/G01 F 173,000.00 ZZ
360 172,637.87 1
5.7500 1009.59 55
5.5000 1009.59
XXX XXXXX XX 00000 2 03/22/04 00
0437675663 05 05/01/04 0.0000
204123160 O 04/01/34
0
9266442 Y21/G01 F 458,000.00 ZZ
360 457,107.43 1
6.1250 2782.86 77
5.8750 2782.86
XXX XXXX XX 00000 2 03/11/04 00
0437677479 05 05/01/04 0.0000
204121582 O 04/01/34
0
9266450 Y21/G01 F 695,000.00 ZZ
360 693,579.36 1
5.8750 4111.19 60
5.6250 4111.19
MAMARONECK WAYNY 10543 1 03/19/04 00
0437667926 05 05/01/04 0.0000
204058465 O 04/01/34
0
9267090 H58/G01 F 620,000.00 ZZ
360 618,702.26 1
5.7500 3618.15 58
5.5000 3618.15
XXXXXXX XX 00000 2 03/09/04 00
0437689037 03 05/01/04 0.0000
0000218466 O 04/01/34
0
9267316 H58/G01 F 489,000.00 ZZ
360 488,000.44 1
5.8750 2892.62 56
5.6250 2892.62
XXXXXXXX XX 00000 2 03/12/04 00
0437695349 03 05/01/04 0.0000
215756 O 04/01/34
0
9267848 H58/G01 F 565,000.00 ZZ
360 563,845.10 3
5.8750 3342.19 41
5.6250 3342.19
XXXXXXXXX XX 00000 2 03/18/04 00
0437693989 05 05/01/04 0.0000
0000218686 O 04/01/34
0
9267974 H58/G01 F 430,500.00 ZZ
360 429,620.03 1
5.8750 2546.57 69
5.6250 2546.57
XXXXXXX XX 00000 2 03/05/04 00
0437689045 03 05/01/04 0.0000
0000216135 O 04/01/34
0
9269102 E22/G01 F 115,000.00 ZZ
360 114,764.93 1
5.8750 680.27 62
5.6250 680.27
XXXXXXXX XX 00000 5 04/01/04 00
0420295784 05 05/01/04 0.0000
0420295784 O 04/01/34
0
9269444 H58/G01 F 430,000.00 ZZ
360 429,121.05 1
5.8750 2543.61 70
5.6250 2543.61
XXXXXX XXXXXX XX 00000 5 03/10/04 00
0437689441 05 05/01/04 0.0000
0000216349 O 04/01/34
0
9271012 116/116 F 605,000.00 ZZ
360 601,698.70 1
5.6250 3482.73 50
5.3750 3482.73
THE XXXXXXXXX XX 00000 1 03/31/04 00
1000000853 03 05/01/04 0.0000
1000000853 O 04/01/34
0
9271490 116/116 F 700,000.00 ZZ
360 698,569.13 1
5.8750 4140.77 70
5.6250 4140.77
THE XXXXXXXXX XX 00000 2 03/31/04 00
1000000965 03 05/01/04 0.0000
1000000965 O 04/01/34
0
9271542 E82/G01 F 176,400.00 ZZ
360 176,220.15 1
5.8750 1043.47 53
5.6250 1043.47
XXX XXXXX XX 00000 5 04/02/04 00
0400957163 01 06/01/04 0.0000
0400957163 O 05/01/34
0
9271580 E82/G01 F 629,000.00 ZZ
360 628,358.71 1
5.8750 3720.77 80
5.6250 3720.77
XXXXXXXXXX XX 00000 2 04/05/04 00
0400963583 03 06/01/04 0.0000
0400963583 O 05/01/34
0
9272196 E22/G01 F 396,000.00 ZZ
360 395,171.12 1
5.7500 2310.95 57
5.5000 2310.95
XXXXXX XXXX XX 00000 2 03/30/04 00
0420325755 05 05/01/04 0.0000
0420325755 O 04/01/34
0
9273646 253/253 F 317,000.00 ZZ
360 316,320.61 1
5.6250 1824.84 32
5.3750 1824.84
XXXXXXXXXX XX 00000 4 03/22/04 00
449155 05 05/01/04 0.0000
449155 O 04/01/34
0
9274126 X78/G01 F 584,000.00 ZZ
360 583,404.59 1
5.8750 3454.58 80
5.6250 3454.58
XXXXXXX XX 00000 2 04/02/04 00
0437679475 05 06/01/04 0.0000
99-0915 O 05/01/34
0
9274728 Y94/G01 F 374,000.00 ZZ
360 373,609.52 1
5.7500 2182.56 57
5.5000 2182.56
XXX XXXXXXX XX 00000 2 03/29/04 00
0437842313 05 06/01/04 0.0000
0000010044 O 05/01/34
0
9279802 E22/G01 F 218,000.00 ZZ
360 217,777.74 1
5.8750 1289.55 70
5.6250 1289.55
XXXXXXX XX 00000 5 04/02/04 00
0420274623 05 06/01/04 0.0000
0420274623 O 05/01/34
0
9281570 696/G01 F 427,000.00 ZZ
360 426,106.23 1
5.7500 2491.86 69
5.5000 2491.86
XXXXXXX XX 00000 2 03/31/04 00
0437695067 03 05/01/04 0.0000
60304014 O 04/01/34
0
9434962 E23/G01 F 420,000.00 ZZ
360 419,561.49 3
5.7500 2451.01 65
5.5000 2451.01
XXX XXXXXXX XX 00000 2 04/02/04 00
0437735228 05 06/01/04 0.0000
51042571 O 05/01/34
0
9436990 E23/G01 F 410,500.00 ZZ
360 410,071.41 1
5.7500 2395.57 48
5.5000 2395.57
XXX XXXXXXX XX 00000 2 04/14/04 00
0437811755 05 06/01/04 0.0000
82000247 O 05/01/34
0
9437884 X31/G01 F 650,000.00 ZZ
360 649,337.29 1
5.8750 3845.00 73
5.6250 3845.00
XXXXXXX XX 00000 1 04/05/04 00
0437778129 03 06/01/04 0.0000
70001953 O 05/01/34
0
9439494 E23/G01 F 528,000.00 ZZ
360 527,474.37 1
6.0000 3165.63 80
5.7500 3165.63
BREA XX 00000 1 04/27/04 00
0437803505 05 06/01/04 0.0000
51043394 O 05/01/34
0
9441950 E23/G01 F 800,000.00 ZZ
360 800,000.00 1
5.8750 4732.30 73
5.6250 4732.30
XXXXXX XX 00000 1 05/01/04 00
0437848948 05 07/01/04 0.0000
63004302 O 06/01/34
0
9442106 J53/J53 F 500,000.00 ZZ
360 499,490.23 1
5.8750 2957.69 74
5.6250 2957.69
XXXXXXXXX XX 00000 2 04/29/04 00
03234111 05 06/01/04 0.0000
03234111 O 05/01/34
0
9442502 E23/G01 F 360,000.00 ZZ
360 360,000.00 1
5.6250 2072.36 59
5.3750 2072.36
XXXXXXXX XXXX XX 00000 5 05/03/04 00
0437861826 05 07/01/04 0.0000
51042685 O 06/01/34
0
9442900 E23/G01 F 362,000.00 ZZ
360 362,000.00 1
5.8750 2141.37 71
5.6250 2141.37
XXXXXX XX 00000 1 05/10/04 00
0437889850 05 07/01/04 0.0000
51043675 O 06/01/34
0
9450458 E23/G01 F 428,000.00 ZZ
360 428,000.00 1
6.0000 2566.08 80
5.7500 2566.08
XXXXXXXXX XX 00000 1 05/07/04 00
0437942378 05 07/01/04 0.0000
63004204 O 06/01/34
0
Total Number of Loans 423
Total Original Balance 176,012,585.00
Total Principal Balance 175,743,889.75
Total Original P+I 1,040,493.15
Total Current P+I 1,040,493.15
EXHIBIT TWO
MORTGAGE LOAN SCHEDULE FOR LOAN GROUP II
(Available Upon Request)
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
8346381 0.2500
341491.85 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8472224 0.2500
372349.06 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
8631502 0.2500
358474.36 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8769821 0.2500
238022.34 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
8847372 0.2500
88454.45 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
5.5000 0.9200
8906450 0.2500
198818.62 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8913629 0.2500
360362.21 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8913913 0.2500
401462.25 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8922269 0.2500
369243.69 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8930873 0.2500
559401.32 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8933125 0.2500
613343.60 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8934131 0.2500
332260.90 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941095 0.2500
454823.16 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8941109 0.2500
635697.92 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941115 0.2500
592397.35 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941123 0.2500
439079.02 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941129 0.2500
546879.84 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941165 0.2500
538869.72 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941169 0.2500
399182.37 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941191 0.2500
615738.80 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941193 0.2500
380221.20 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941201 0.2500
499002.01 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8941209 0.2500
342942.67 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941235 0.2500
648671.34 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941249 0.2500
593163.81 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941279 0.2500
449080.16 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941283 0.2500
497980.01 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941285 0.2500
557829.95 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941295 0.2500
538869.72 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941297 0.2500
333783.30 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8941323 0.2500
392875.61 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941343 0.2500
411337.21 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941351 0.2500
590311.80 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8941733 0.2500
373618.69 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8941969 0.2500
389592.82 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8943127 0.2500
392196.68 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8944763 0.2500
284495.53 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8945153 0.2500
419120.88 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8945203 0.2500
400160.65 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8945239 0.2500
428622.06 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8945251 0.2500
435187.17 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8945273 0.2500
371218.45 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8945289 0.2500
545813.02 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8945499 0.2500
434556.50 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8945505 0.2500
286707.39 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8947951 0.2500
375107.95 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8948109 0.2500
611345.73 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8948111 0.2500
519444.09 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8948585 0.2500
973957.66 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8948975 0.2500
348595.80 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8949009 0.2500
393377.22 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8950531 0.2500
649321.36 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8950609 0.2500
407185.63 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8950849 0.2500
502242.60 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
8951581 0.2500
439540.61 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8952215 0.2500
639347.49 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8953205 0.2500
343313.39 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8953465 0.2500
399592.17 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8953881 0.2500
488389.56 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8954089 0.2500
385810.51 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8954743 0.2500
417074.34 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8955853 0.2500
407574.02 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8956101 0.2500
398184.41 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8956159 0.2500
744974.09 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8956371 0.2500
371620.73 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8956463 0.2500
399142.74 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8956579 0.2500
997906.87 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8956675 0.2500
381119.65 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8956793 0.2500
463447.02 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8956815 0.2500
374233.47 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8958649 0.2500
184230.50 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8960687 0.2500
399482.48 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961449 0.2500
491643.56 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961459 0.2500
666534.33 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961481 0.2500
404776.94 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961493 0.2500
439400.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8961495 0.2500
495218.10 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8961509 0.2500
748503.01 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8961517 0.2500
432093.68 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961523 0.2500
582278.66 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961543 0.2500
583588.54 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961585 0.2500
409121.32 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8961589 0.2500
521930.95 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8961593 0.2500
663608.07 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8961783 0.2500
415189.28 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8961979 0.2500
443525.34 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8963801 0.2500
399582.38 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8964937 0.2500
395586.55 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8964989 0.2500
242758.09 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8965275 0.2500
649305.11 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8965447 0.2500
364627.87 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8966135 0.2500
377605.34 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8966233 0.2500
358125.70 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8966275 0.2500
499477.97 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8966411 0.2500
353639.08 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8966621 0.2500
563397.05 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8967533 0.2500
420849.60 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8967541 0.2500
521467.80 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8970985 0.2500
549439.25 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8971171 0.2500
417573.83 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8971227 0.2500
399572.37 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8971257 0.2500
391609.76 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8971323 0.2500
354629.35 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8971367 0.2500
431559.55 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8972135 0.2500
419571.79 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8972155 0.2500
364734.96 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8973599 0.2500
502499.26 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8974223 0.2500
321679.45 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8974243 0.2500
502474.84 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8976163 0.2500
498569.31 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
8977805 0.2500
399121.38 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8978247 0.2500
382699.71 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8978513 0.2500
374617.67 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8979411 0.2500
298295.57 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8979531 0.2500
488801.14 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8979545 0.2500
390674.98 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8979553 0.2500
540947.91 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8979555 0.2500
384043.35 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8981655 0.2500
687315.09 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8981769 0.2500
333375.66 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8982267 0.2500
498492.49 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
8982387 0.2500
382110.03 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8983625 0.2500
539475.15 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8983829 0.2500
451300.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8983859 0.2500
349500.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8988401 0.2500
535000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8988477 0.2500
419571.79 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8988919 0.2500
371611.61 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8992851 0.2500
337300.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8992893 0.2500
317600.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8994045 0.2500
422758.15 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8995245 0.2500
503486.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8995337 0.2500
346645.72 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8995411 0.2500
683302.63 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8995417 0.2500
419051.53 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8995839 0.2500
359700.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8995909 0.2500
439551.40 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8996055 0.2500
386805.24 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8996161 0.2500
201004.45 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8996335 0.2500
112500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
8996599 0.2500
353200.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
8996619 0.2500
483494.68 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8996885 0.2500
415605.29 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
8997981 0.2500
606351.07 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
8998077 0.2500
409971.51 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8999141 0.2500
250000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
8999455 0.2500
99905.11 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9000073 0.2500
408191.49 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9000379 0.2500
397213.56 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9000883 0.2500
378000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9000903 0.2500
364419.13 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9000907 0.2500
499514.03 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9000921 0.2500
446000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9000959 0.2500
536452.50 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9001083 0.2500
375607.44 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002161 0.2500
352640.10 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002225 0.2500
399592.17 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002231 0.2500
423567.70 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002283 0.2500
579394.44 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002303 0.2500
379593.75 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9002341 0.2500
449530.17 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002363 0.2500
649321.35 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002377 0.2500
404587.08 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002389 0.2500
452527.04 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002411 0.2500
349651.57 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9002429 0.2500
350633.53 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9002433 0.2500
364627.86 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002447 0.2500
389611.75 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9002451 0.2500
646340.35 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9002463 0.2500
434566.95 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9002471 0.2500
455546.04 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9004039 0.2500
492472.95 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9007833 0.2500
563300.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9007901 0.2500
242000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9007939 0.2500
157000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9008271 0.2500
470000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9008359 0.2500
320000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9008623 0.2500
426543.51 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9008661 0.2500
421159.83 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9009033 0.2500
363619.96 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9009937 0.2500
500000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9012145 0.2500
743900.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9012159 0.2500
283600.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9012179 0.2500
770000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9012247 0.2500
871000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9012357 0.2500
365000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9012529 0.2500
695689.99 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9012537 0.2500
500000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9012811 0.2500
500000.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9013895 0.2500
839000.00 0.0800
6.0500 0.0000
5.8000 0.0000
5.7200
5.5000 0.2200
9015646 0.2500
96516.24 0.0800
6.6250 0.0000
6.3750 0.0000
6.2950
5.5000 0.7950
9015977 0.2500
383635.64 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9016057 0.2500
445145.68 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9016177 0.2500
539449.45 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9017119 0.2500
336100.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9017121 0.2500
190000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9017135 0.2500
369000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9017155 0.2500
371500.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9017157 0.2500
399000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9017485 0.2500
470000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9021293 0.2500
649352.92 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9021407 0.2500
499502.24 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9021721 0.2500
515900.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9021739 0.2500
121000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9021745 0.2500
377000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9021911 0.2500
527000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9022319 0.2500
260000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9022891 0.2500
592000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9023965 0.2500
346838.84 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9023967 0.2500
373350.43 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9023971 0.2500
392964.06 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9023981 0.2500
602684.91 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9023987 0.2500
435555.47 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9023999 0.2500
449541.20 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9024023 0.2500
999004.49 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9024039 0.2500
419181.49 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9024043 0.2500
953198.21 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9024045 0.2500
579379.94 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9024077 0.2500
357285.16 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
5.5000 0.5450
9024329 0.2500
384598.03 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9024331 0.2500
608364.17 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9024333 0.2500
506445.06 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024357 0.2500
358625.18 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9024369 0.2500
394597.27 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9024919 0.2500
318750.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9025816 0.2500
147202.54 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9025969 0.2500
499000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9025973 0.2500
380100.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9025975 0.2500
145700.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9025999 0.2500
198000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9028929 0.2500
396500.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9029411 0.2500
126900.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9029425 0.2500
403500.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9029439 0.2500
384700.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9029455 0.2500
120500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9029461 0.2500
477500.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9029465 0.2500
398900.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9029803 0.2500
126000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.5000 0.6700
9029945 0.2500
535000.00 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9030313 0.2500
408000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9031049 0.2500
389600.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9032012 0.2500
184040.81 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9032057 0.2500
1000000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9032603 0.2500
352700.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9032783 0.2500
399900.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9033455 0.2500
360000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9033865 0.2500
184000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9033961 0.2500
330000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.5000 0.6700
9034799 0.2500
485000.00 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9034883 0.2500
380000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9035887 0.2500
350000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9036071 0.2500
264000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9036139 0.2500
625000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9036191 0.2500
644000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9036357 0.2500
346400.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9036481 0.2500
109650.00 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9037395 0.2500
358000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9038899 0.2500
350000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9038935 0.2500
367500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9039391 0.2500
791153.30 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9039451 0.2500
360000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9039479 0.2500
130000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9039501 0.2500
646800.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9039521 0.2500
112000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9039539 0.2500
226800.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9040349 0.2500
106000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9040663 0.2500
131500.00 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9041178 0.2500
207083.66 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9041185 0.2500
680000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9042537 0.2500
462000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9042835 0.2500
383500.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9043361 0.2500
588000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9045016 0.2500
177979.70 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
5.5000 0.9200
9046405 0.2500
211500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9046425 0.2500
531800.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9046441 0.2500
583000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9046623 0.2500
169700.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9051133 0.2500
436000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9051155 0.2500
500000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9052552 0.2500
74726.58 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.5000 0.6700
9053479 0.2500
427462.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9054944 0.2500
189538.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9056465 0.2500
487000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9057169 0.2500
500000.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.5000 0.6700
9057209 0.2500
389000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9057215 0.2500
400000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9057399 0.2500
136000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9058657 0.2500
170000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9059063 0.2500
300000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9059127 0.2500
231000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9059141 0.2500
321900.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9059403 0.2500
369600.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9061687 0.2500
368200.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9062521 0.2500
242800.00 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.5000 0.6700
9064527 0.2500
393000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9065527 0.2500
608000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9067679 0.2500
580000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9069767 0.2500
484000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9072792 0.2500
210910.80 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9074418 0.2500
243993.48 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9076615 0.2500
150100.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9076993 0.2500
165000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9078926 0.2500
283430.78 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9083843 0.2500
234000.00 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
5.5000 0.5450
9084441 0.2500
575000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9084457 0.2500
397000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9084499 0.2500
490000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9084535 0.2500
455000.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9084547 0.2500
372219.26 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9084592 0.2500
332329.09 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9084621 0.2500
507600.00 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9087239 0.2500
505000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9088393 0.2500
420000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9096596 0.2500
201847.50 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9104798 0.2500
111539.88 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9109470 0.2500
305707.48 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9109498 0.2500
107280.40 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9116718 0.2500
474088.14 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9117070 0.2500
226800.75 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9132530 0.2500
199150.85 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9142858 0.2500
299975.13 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9143214 0.2500
67549.72 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9144072 0.2500
408678.89 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9147530 0.2500
362304.60 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9151996 0.2500
149538.95 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9157608 0.2500
448194.60 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9159606 0.2500
648002.13 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9171020 0.2500
121026.85 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9181090 0.2500
390731.78 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9181118 0.2500
593127.39 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9182210 0.2500
150290.37 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9183186 0.2500
412298.30 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9188448 0.2500
496007.99 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9189856 0.2500
109775.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9190224 0.2500
375454.72 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9191758 0.2500
355978.49 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.5000 0.4200
9193070 0.2500
106781.27 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9195658 0.2500
632004.67 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9199674 0.2500
319330.20 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9200228 0.2500
386258.83 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9200268 0.2500
415129.26 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9208206 0.2500
393785.92 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9208216 0.2500
319330.20 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9208320 0.2500
401960.72 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9208366 0.2500
378757.48 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9208376 0.2500
501974.10 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9208382 0.2500
424110.43 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9209214 0.2500
382795.95 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9209218 0.2500
403755.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9209228 0.2500
365871.99 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9212858 0.2500
569184.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9213012 0.2500
390081.79 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9221174 0.2500
345141.33 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9224952 0.2500
344311.36 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9224966 0.2500
358715.26 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9225120 0.2500
471012.06 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9227880 0.2500
374233.47 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9228916 0.2500
546906.19 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9229038 0.2500
418816.31 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9242306 0.2500
69682.55 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9243686 0.2500
84437.14 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9244086 0.2500
384194.14 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9244792 0.2500
229119.43 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9245980 0.2500
398711.09 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9246024 0.2500
410733.65 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9246048 0.2500
381794.62 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9247286 0.2500
399042.96 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9248266 0.2500
534780.66 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9249048 0.2500
478511.63 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9250290 0.2500
219349.33 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9259684 0.2500
417125.09 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9259708 0.2500
429201.36 0.0800
6.3750 0.0000
6.1250 0.0000
6.0450
5.5000 0.5450
9259750 0.2500
376229.38 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9259860 0.2500
828902.19 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9260022 0.2500
429121.05 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9260036 0.2500
479018.84 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9261854 0.2500
364818.71 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9261856 0.2500
351604.46 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9262508 0.2500
99997.94 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9263626 0.2500
397166.93 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9264782 0.2500
499502.24 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9266002 0.2500
391198.72 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266004 0.2500
401178.27 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266010 0.2500
548875.75 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266012 0.2500
424131.26 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266036 0.2500
488998.39 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266038 0.2500
344277.86 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266042 0.2500
417125.07 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266056 0.2500
393973.62 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266130 0.2500
608723.18 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266132 0.2500
469238.85 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266140 0.2500
346773.25 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9266150 0.2500
382946.74 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266386 0.2500
435129.73 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9266392 0.2500
370115.24 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266434 0.2500
172637.87 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9266442 0.2500
457107.43 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.5000 0.2950
9266450 0.2500
693579.36 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9267090 0.2500
618702.26 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9267316 0.2500
488000.44 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9267848 0.2500
563845.10 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9267974 0.2500
429620.03 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9269102 0.2500
114764.93 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9269444 0.2500
429121.05 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9271012 0.2500
601698.70 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9271490 0.2500
698569.13 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9271542 0.2500
176220.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9271580 0.2500
628358.71 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9272196 0.2500
395171.12 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9273646 0.2500
316320.61 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9274126 0.2500
583404.59 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9274728 0.2500
373609.52 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9279802 0.2500
217777.74 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9281570 0.2500
426106.23 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9434962 0.2500
419561.49 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9436990 0.2500
410071.41 0.0300
5.7500 0.0000
5.5000 0.0000
5.4700
5.4700 0.0000
9437884 0.2500
649337.29 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9439494 0.2500
527474.37 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
9441950 0.2500
800000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9442106 0.2500
499490.23 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9442502 0.2500
360000.00 0.0300
5.6250 0.0000
5.3750 0.0000
5.3450
5.3450 0.0000
9442900 0.2500
362000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.5000 0.0450
9450458 0.2500
428000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.5000 0.1700
Total Number of Loans: 423
Total Original Balance: 176,012,585.00
Total Principal Balance: 175,743,889.75
Total Original P+I: 1,040,493.15
Total Current P+I: 1,040,493.15
EXHIBIT THREE
MORTGAGE LOAN SCHEDULE FOR LOAN GROUP III
(Available Upon Request)
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 #
8263101 956/956 F 387,000.00 ZZ
360 372,387.36 1
6.7500 2510.07 90
6.5000 2510.07
XXXXXXXXX XXXXXX 00000 1 10/25/02 01
2712100126 05 12/01/02 25.0000
2712100126 O 11/01/32
0
8446422 E82/G01 F 426,800.00 ZZ
360 421,683.46 1
5.6250 2456.90 80
5.3750 2456.90
XXXXX XX 00000 2 07/03/03 00
0400862538 05 09/01/03 0.0000
0400862538 O 08/01/33
0
8578021 X64/G01 F 373,000.00 ZZ
360 367,038.88 1
5.7500 2176.73 70
5.5000 2176.73
WEST BLOOMFIELMI 48323 2 03/27/03 00
0435638788 05 05/01/03 0.0000
0000005638 O 04/01/33
0
8900873 R68/G01 F 62,000.00 T
360 61,745.30 1
5.8750 366.75 65
5.6250 366.75
XXXXXX XX 00000 2 01/09/04 00
0437303035 05 03/01/04 0.0000
8731341 O 02/01/34
0
8910399 E23/G01 F 225,000.00 ZZ
360 224,075.65 1
5.8750 1330.96 69
5.6250 1330.96
XXXXX XXX XX 00000 5 01/12/04 00
0437411382 05 03/01/04 0.0000
51039908 O 02/01/34
0
8916353 E23/G01 F 347,000.00 ZZ
360 345,907.91 1
5.7500 2025.00 48
5.5000 2025.00
XXXXXXXXXXX XX 00000 5 02/20/04 00
0437925563 05 04/01/04 0.0000
64003732 O 03/01/34
0
8921511 E23/G01 F 367,000.00 ZZ
360 366,184.81 1
5.8750 2170.94 64
5.6250 2170.94
XXXXXXXXX XX 00000 2 03/04/04 00
0437650856 05 05/01/04 0.0000
64003919 O 04/01/34
0
8931053 E82/G01 F 375,000.00 ZZ
360 374,599.10 1
5.6250 2158.71 53
5.3750 2158.71
XXXXXXXXXX XX 00000 2 04/06/04 00
0400962742 05 06/01/04 0.0000
0400962742 O 05/01/34
0
8934001 E22/G01 F 483,000.00 ZZ
360 482,483.64 1
5.6250 2780.42 44
5.3750 2780.42
XXXXXXXXX XXXXXX 00000 2 04/08/04 00
0420339863 01 06/01/04 0.0000
0420339863 O 05/01/34
0
8934425 E22/G01 F 318,500.00 ZZ
360 318,159.50 1
5.6250 1833.47 61
5.3750 1833.47
XXXXXXX XX 00000 2 04/07/04 00
0420194482 05 06/01/04 0.0000
0420194482 O 05/01/34
0
8941089 E84/G01 F 714,000.00 ZZ
360 712,505.51 1
5.7500 4166.71 63
5.5000 4166.71
XXXXXXX XX 00000 2 03/11/04 00
0437781271 05 05/01/04 0.0000
30450837 O 04/01/34
0
8941093 E84/G01 F 376,000.00 ZZ
360 375,155.47 1
5.3750 2105.49 80
5.1250 2105.49
XXXXXXXXXX XX 00000 2 03/09/04 00
0437780141 03 05/01/04 0.0000
32817163 O 04/01/34
0
8941103 E84/G01 F 440,000.00 ZZ
360 439,079.02 1
5.7500 2567.72 80
5.5000 2567.72
XXXXXXX XX 00000 1 03/12/04 00
0437781495 05 05/01/04 0.0000
47117940 O 04/01/34
0
8941119 E84/G01 F 478,500.00 ZZ
360 477,498.43 1
5.7500 2792.40 66
5.5000 2792.40
XXX XXXXXX XX 00000 2 03/02/04 00
0437780414 05 05/01/04 0.0000
75013299 O 04/01/34
0
8941121 E84/G01 F 446,000.00 ZZ
360 445,066.47 1
5.7500 2602.73 60
5.5000 2602.73
XXXXXXXX XX 00000 2 03/01/04 00
0437780190 05 05/01/04 0.0000
75013511 O 04/01/34
0
8941125 E84/G01 F 711,000.00 ZZ
360 709,546.67 1
5.8750 4205.83 78
5.6250 4205.83
XXXXXXXX XX 00000 2 03/08/04 00
0437775158 05 05/01/04 0.0000
75013627 O 04/01/34
0
8941159 E84/G01 F 653,600.00 ZZ
360 652,231.93 1
5.7500 3814.23 75
5.5000 3814.23
XXX XXXXXXXXX XX 00000 2 03/09/04 00
0437780117 05 05/01/04 0.0000
75013645 O 04/01/34
0
8941163 E84/G01 F 469,600.00 ZZ
360 468,593.59 1
5.6250 2703.28 80
5.3750 2703.28
XXXXXXXX XX 00000 2 02/27/04 00
0437780570 05 05/01/04 0.0000
75013697 O 04/01/34
0
8941167 E84/G01 F 370,000.00 ZZ
360 369,207.04 1
5.6250 2129.93 46
5.3750 2129.93
XXX XXXXXXXXX XX 00000 1 03/04/04 00
0437779937 05 05/01/04 0.0000
75013796 O 04/01/34
0
8941171 E84/G01 F 545,000.00 ZZ
360 543,804.20 1
5.5000 3094.45 74
5.2500 3094.45
XXXXXX XXXXX XX 00000 2 03/05/04 00
0437779960 05 05/01/04 0.0000
75534773 O 04/01/34
0
8941189 E84/G01 F 460,000.00 ZZ
360 459,037.16 1
5.7500 2684.44 60
5.5000 2684.44
XXX XXXXXXX XX 00000 5 03/03/04 00
0437780539 05 05/01/04 0.0000
93502981 O 04/01/34
0
8941207 E84/G01 F 514,000.00 ZZ
360 512,420.13 1
5.8750 3040.51 84
5.6250 3040.51
XXXXXXXXX XX 00000 1 02/20/04 10
0437749856 05 04/01/04 12.0000
98800340 O 03/01/34
0
8941217 E84/G01 F 376,000.00 ZZ
360 374,844.29 1
5.8750 2224.19 80
5.6250 2224.19
XXX XXXXX XX 00000 5 02/17/04 00
0437780109 05 04/01/04 0.0000
98800489 O 03/01/34
0
8941239 E84/G01 F 630,000.00 ZZ
360 623,350.96 1
5.3750 3527.82 69
5.1250 3527.82
XXXXXXXX XX 00000 2 09/15/03 00
0437780554 05 11/01/03 0.0000
1101072400 O 10/01/33
0
8941241 E84/G01 F 423,000.00 ZZ
360 418,656.83 1
5.3750 2368.68 66
5.1250 2368.68
XXX XXXXXXX XX 00000 2 08/14/03 00
0437779713 05 10/01/03 0.0000
0000000000 O 09/01/33
0
8941245 E84/G01 F 652,000.00 ZZ
360 645,684.08 1
5.3750 3651.01 53
5.1250 3651.01
XXXXXXXX XX 00000 2 09/24/03 00
0437780679 05 11/01/03 0.0000
1101073425 O 10/01/33
0
8941247 E84/G01 F 420,000.00 ZZ
360 415,587.50 1
5.2500 2319.26 73
5.0000 2319.26
XXX XXXXXX XX 00000 2 08/08/03 00
0437779978 03 10/01/03 0.0000
1101075016 O 09/01/33
0
8941261 E84/G01 F 622,500.00 ZZ
360 616,111.23 1
5.5000 3534.49 49
5.2500 3534.49
XXXXXXXX XX 00000 2 03/15/04 00
0437750748 05 05/01/04 0.0000
1101123653 O 04/01/34
0
8941263 E84/G01 F 445,000.00 ZZ
360 443,971.40 1
5.7500 2596.90 77
5.5000 2596.90
XXXXXXXX XX 00000 1 03/15/04 00
0437780950 05 05/01/04 0.0000
1101124696 O 04/01/34
0
8941275 E84/G01 F 400,000.00 ZZ
360 399,162.76 1
5.7500 2334.29 80
5.5000 2334.29
XXXXXXXXX XX 00000 1 03/09/04 00
0437749195 05 05/01/04 0.0000
1101130715 O 04/01/34
0
8941277 E84/G01 F 460,000.00 ZZ
360 459,014.15 1
5.6250 2648.02 75
5.3750 2648.02
XXXXXXXXXX XX 00000 5 03/05/04 00
0437781032 05 05/01/04 0.0000
1101133298 O 04/01/34
0
8941321 E84/G01 F 440,000.00 ZZ
360 439,011.71 1
5.3750 2463.87 77
5.1250 2463.87
XXXXXX XX 00000 2 03/05/04 00
0437780133 05 05/01/04 0.0000
0000000000 O 04/01/34
0
8941327 E84/G01 F 396,900.00 ZZ
360 396,029.15 1
5.5000 2253.55 51
5.2500 2253.55
XXXXXXX XX 00000 5 03/10/04 00
0437781073 05 05/01/04 0.0000
1101136709 O 04/01/34
0
8941335 E84/G01 F 440,000.00 ZZ
360 439,079.02 1
5.7500 2567.72 74
5.5000 2567.72
XXXXX XXXXXXX XX 00000 5 03/10/04 00
0437775117 05 05/01/04 0.0000
1101138255 O 04/01/34
0
8941337 E84/G01 F 452,000.00 ZZ
360 451,031.26 1
5.6250 2601.97 80
5.3750 2601.97
XXXXXXXXX XX 00000 1 03/04/04 00
0437781123 05 05/01/04 0.0000
1101138432 O 04/01/34
0
8941347 E84/G01 F 748,000.00 ZZ
360 746,358.79 1
5.5000 4247.06 77
5.2500 4247.06
XXXXXXXX XX 00000 2 03/15/04 00
0437793409 05 05/01/04 0.0000
1101141783 O 04/01/34
0
8941349 E84/G01 F 886,000.00 ZZ
360 884,115.80 1
5.7500 5170.46 73
5.5000 5170.46
XXXXXX XX 00000 2 03/05/04 00
0437749146 05 05/01/04 0.0000
0000000000 O 04/01/34
0
8942045 Y94/G01 F 469,000.00 ZZ
360 468,486.65 1
5.5000 2662.93 53
5.2500 2662.93
XXXXXXXX XX 00000 2 03/30/04 00
0437859309 05 06/01/04 0.0000
0000010249 O 05/01/34
0
8942099 Y94/G01 F 573,000.00 ZZ
360 572,372.82 1
5.5000 3253.43 50
5.2500 3253.43
XXXXX XX 00000 2 04/01/04 00
0437859259 05 06/01/04 0.0000
0000010438 O 05/01/34
0
8942613 Y94/G01 F 363,000.00 ZZ
360 362,203.54 1
5.5000 2061.07 46
5.2500 2061.07
XXX XXXX XX 00000 2 03/25/04 00
0437829609 05 05/01/04 0.0000
0000000000 O 04/01/34
0
8942781 Y94/G01 F 431,000.00 ZZ
360 430,031.92 1
5.3750 2413.48 56
5.1250 2413.48
XXXXXX XX 00000 1 03/22/04 00
0437829633 05 05/01/04 0.0000
0000010007 O 04/01/34
0
8942871 H58/G01 F 647,000.00 ZZ
360 646,308.31 1
5.6250 3724.50 44
5.3750 3724.50
XXXXXXXXX XXXXXX 00000 5 04/02/04 00
0437779556 05 06/01/04 0.0000
219019 O 05/01/34
0
8943123 H58/G01 F 748,000.00 ZZ
360 746,358.79 1
5.5000 4247.06 52
5.2500 4247.06
XXXXX XX 00000 2 03/26/04 00
0437760770 03 05/01/04 0.0000
221928 O 04/01/34
0
8943575 696/G01 F 358,000.00 ZZ
360 357,608.15 1
5.5000 2032.68 72
5.2500 2032.68
XXXXXX XX 00000 2 04/09/04 00
0437728462 03 06/01/04 0.0000
30104022 O 05/01/34
0
8943659 H58/G01 F 538,500.00 ZZ
360 537,345.92 1
5.6250 3099.91 66
5.3750 3099.91
XXXXXXXX XXXX XX 00000 2 03/22/04 00
0437761737 05 05/01/04 0.0000
220154 O 04/01/34
0
8944533 E22/G01 F 395,500.00 ZZ
360 395,087.07 1
5.7500 2308.03 78
5.5000 2308.03
XXX XXXX XX 00000 2 04/08/04 00
0420442832 05 06/01/04 0.0000
0420442832 O 05/01/34
0
8944813 E82/G01 F 311,500.00 ZZ
360 311,166.99 1
5.6250 1793.17 47
5.3750 1793.17
XXXX XXXXXX XX 00000 2 04/12/04 00
0400973905 05 06/01/04 0.0000
0400973905 O 05/01/34
0
8945255 Y21/G01 F 333,700.00 ZZ
360 332,984.83 1
5.6250 1920.97 80
5.3750 1920.97
XXXXXX XX 00000 2 04/01/04 00
0437747256 05 05/01/04 0.0000
204113865 O 04/01/34
0
8945371 Y21/G01 F 415,700.00 ZZ
360 415,255.58 1
5.6250 2393.01 61
5.3750 2393.01
XXXXXXXXX XX 00000 2 04/02/04 00
0437750532 03 06/01/04 0.0000
204171679 O 05/01/34
0
8948079 H58/G01 F 562,000.00 ZZ
360 560,757.86 1
5.5000 3190.98 64
5.2500 3190.98
XXXXXXXX XX 00000 2 03/26/04 00
0437760911 05 05/01/04 0.0000
0000221376 O 04/01/34
0
8948245 H58/G01 F 382,500.00 ZZ
360 382,091.08 1
5.6250 2201.89 46
5.3750 2201.89
XXXXXX XX 00000 2 04/01/04 00
0437762487 05 06/01/04 0.0000
0000221074 O 05/01/34
0
8948711 Y94/G01 F 457,000.00 ZZ
360 456,499.78 1
5.5000 2594.80 56
5.2500 2594.80
XXXXXX XX 00000 2 04/01/04 00
0437926744 05 06/01/04 0.0000
0000010418 O 05/01/34
0
8948853 Y94/G01 F 390,000.00 ZZ
360 389,144.28 1
5.5000 2214.38 65
5.2500 2214.38
XXX XXXXXXXXX XX 00000 2 03/23/04 00
0437798499 07 05/01/04 0.0000
000010187 O 04/01/34
0
8948879 Y94/G01 F 371,100.00 ZZ
360 370,703.27 1
5.6250 2136.26 79
5.3750 2136.26
XXXXXXXX XX 00000 2 04/01/04 00
0437837883 05 06/01/04 0.0000
0000010175 O 05/01/34
0
8949109 H58/G01 F 508,000.00 ZZ
360 506,885.37 1
5.5000 2884.37 59
5.2500 2884.37
XXXXX XXXXX XX 00000 2 03/29/04 00
0437762156 05 05/01/04 0.0000
0000219289 O 04/01/34
0
8951905 E22/G01 F 375,000.00 ZZ
360 374,608.48 1
5.7500 2188.40 57
5.5000 2188.40
XXX XXXXXXXXX XX 00000 2 04/13/04 00
0420394462 05 06/01/04 0.0000
0420394462 O 05/01/34
0
8952081 E22/G01 F 400,000.00 ZZ
360 399,592.18 1
5.8750 2366.15 95
5.6250 2366.15
XXXXXXX XX 00000 2 04/12/04 01
0420307803 05 06/01/04 30.0000
0420307803 O 05/01/34
0
8953469 Y94/G01 F 497,000.00 ZZ
360 496,468.68 1
5.6250 2861.01 49
5.3750 2861.01
XXX XXXX XX 00000 5 04/07/04 00
0437940331 05 06/01/04 0.0000
0000000000 O 05/01/34
0
8953869 E82/G01 F 485,700.00 ZZ
360 485,192.90 1
5.7500 2834.41 65
5.5000 2834.41
XXXXX XXXXX XX 00000 2 04/16/04 00
0400961710 05 06/01/04 0.0000
0400961710 O 05/01/34
0
8954155 369/G01 F 404,000.00 ZZ
360 403,154.38 1
5.7500 2357.63 80
5.5000 2357.63
XXXXXXXXX XXXXXX 00000 1 02/27/04 00
0437761059 03 05/01/04 0.0000
77536043 O 04/01/34
0
8954611 477/G01 F 564,000.00 ZZ
360 563,368.01 1
5.3750 3158.24 80
5.1250 3158.24
XXXXX XXXXX XX 00000 1 04/07/04 00
0437824469 03 06/01/04 0.0000
265619 O 05/01/34
0
8955559 E22/G01 F 333,700.00 ZZ
360 333,351.60 1
5.7500 1947.38 61
5.5000 1947.38
XXX XXXXXXXXX XX 00000 1 04/14/04 00
0420551905 05 06/01/04 0.0000
0420551905 O 05/01/34
0
8956123 313/G01 F 421,000.00 ZZ
360 420,017.29 1
5.7500 2456.85 75
5.5000 2456.85
XXXXXXXXXX XX 00000 1 03/04/04 00
0437770696 03 06/01/04 0.0000
10121515 O 05/01/34
0
8956139 E22/G01 F 396,500.00 ZZ
360 396,076.11 1
5.6250 2282.48 73
5.3750 2282.48
XXXXXXX XX 00000 2 04/15/04 00
0420405284 05 06/01/04 0.0000
0420405284 O 05/01/34
0
8956269 313/G01 F 340,000.00 ZZ
360 337,543.11 1
5.5000 1930.49 80
5.2500 1930.49
XXXXXXXXX XX 00000 1 03/22/04 00
0437773971 09 05/01/04 0.0000
10155927 O 04/01/34
0
8956309 313/G01 F 397,000.00 ZZ
360 396,149.17 1
5.6250 2285.36 65
5.3750 2285.36
XXXXXX XX 00000 2 03/22/04 00
0437776800 05 05/01/04 0.0000
10122885 O 04/01/34
0
8956311 E22/G01 F 399,999.00 ZZ
360 399,571.38 1
5.6250 2302.62 67
5.3750 2302.62
XXX XXXXXXX XX 00000 2 04/12/04 00
0420379067 01 06/01/04 0.0000
0420379067 O 05/01/34
0
8956461 E22/G01 F 383,000.00 ZZ
360 382,590.55 1
5.6250 2204.76 63
5.3750 2204.76
XXXXXXXX XX 00000 2 04/14/04 00
0420334740 05 06/01/04 0.0000
0420334740 O 05/01/34
0
8956523 E22/G01 F 535,700.00 ZZ
360 535,127.30 2
5.6250 3083.79 71
5.3750 3083.79
XXXXXXX XX 00000 2 04/12/04 00
0420257628 05 06/01/04 0.0000
0420257628 O 05/01/34
0
8956847 313/G01 F 516,000.00 ZZ
300 515,196.30 1
5.5000 3168.70 52
5.2500 3168.70
XXXXXXXXXX XXXXX 00000 2 04/01/04 00
0437778012 09 06/01/04 0.0000
10156859 O 05/01/29
0
8958729 696/G01 F 610,000.00 ZZ
360 609,332.32 1
5.5000 3463.51 76
5.2500 3463.51
XXXXXXXXX XX 00000 2 04/16/04 00
0437763410 03 06/01/04 0.0000
30504040 O 05/01/34
0
8959359 069/G01 F 404,000.00 ZZ
348 403,113.21 1
5.8750 2420.23 68
5.6250 2420.23
XXX XXXXXXX XX 00000 4 03/07/04 00
0437853906 05 05/01/04 0.0000
88588403431 O 04/01/33
0
8959399 Y94/G01 F 590,000.00 ZZ
360 589,354.21 1
5.5000 3349.96 69
5.2500 3349.96
XXX XXXX XX 00000 2 04/01/04 00
0437821838 03 06/01/04 0.0000
0000010270 O 05/01/34
0
8960415 E22/G01 F 579,100.00 ZZ
360 576,928.18 1
5.5000 3288.07 53
5.2500 3288.07
XXXX XXXXX XX 00000 2 04/14/04 00
0420401903 05 06/01/04 0.0000
0420401903 O 05/01/34
0
8960593 E22/G01 F 700,000.00 ZZ
360 699,251.66 1
5.6250 4029.59 37
5.3750 4029.59
BIG XXX XX 00000 2 04/16/04 00
0419402318 05 06/01/04 0.0000
0419402318 O 05/01/34
0
8961409 Y84/G01 F 412,000.00 ZZ
360 411,559.54 1
5.6250 2371.71 68
5.3750 2371.71
XXXXXXXXXXXX XX 00000 2 04/05/04 00
0437773955 05 06/01/04 0.0000
BOTT0304 O 05/01/34
0
8961445 E84/G01 F 569,000.00 ZZ
360 567,702.74 1
5.6250 3275.48 70
5.3750 3275.48
XXXXXXXXX XX 00000 2 03/19/04 00
0437814080 05 05/01/04 0.0000
75014004 O 04/01/34
0
8961455 E84/G01 F 480,000.00 ZZ
360 478,995.30 1
5.7500 2801.15 69
5.5000 2801.15
XXXXXX XX 00000 2 03/18/04 00
0437819899 05 05/01/04 0.0000
30450948 O 04/01/34
0
8961457 E84/G01 F 500,000.00 ZZ
360 498,928.43 1
5.6250 2878.28 78
5.3750 2878.28
XXXXXXX XX 00000 1 03/26/04 00
0437795834 05 05/01/04 0.0000
1101129091 O 04/01/34
0
8961463 E84/G01 F 400,000.00 ZZ
360 399,162.76 1
5.7500 2334.29 72
5.5000 2334.29
XXXXXXXXX XX 00000 1 03/31/04 00
0437814361 05 05/01/04 0.0000
1101131408 O 04/01/34
0
8961471 E84/G01 F 655,000.00 ZZ
360 653,562.84 1
5.5000 3719.02 79
5.2500 3719.02
XXXXXXXXX XXXXXX 00000 2 03/24/04 00
0437797871 03 05/01/04 0.0000
1101144481 O 04/01/34
0
8961483 E84/G01 F 376,000.00 T
360 375,588.44 1
5.5000 2134.89 80
5.2500 2134.89
XXX XXXXXXX XX 00000 1 04/01/04 00
0437820376 05 06/01/04 0.0000
1101139542 O 05/01/34
0
8961485 E84/G01 F 540,800.00 ZZ
360 539,613.42 1
5.5000 3070.60 80
5.2500 3070.60
XXXXXXX XX 00000 1 03/18/04 00
0437820103 05 05/01/04 0.0000
75014295 O 04/01/34
0
8961489 E84/G01 F 412,650.00 ZZ
360 411,765.63 1
5.6250 2375.45 74
5.3750 2375.45
XXXXXXXXX XX 00000 2 03/24/04 00
0437820269 03 05/01/04 0.0000
1101146087 O 04/01/34
0
8961499 E84/G01 F 970,000.00 ZZ
360 968,017.23 1
5.8750 5737.92 63
5.6250 5737.92
XXXXXXXXXX XX 00000 5 03/24/04 00
0437795552 05 05/01/04 0.0000
47118094 O 04/01/34
0
8961501 E84/G01 F 600,000.00 ZZ
360 598,489.37 1
5.5000 3406.73 60
5.2500 3406.73
XXXXXXXX XX 00000 5 03/11/04 00
0437820509 05 05/01/04 0.0000
0000000000 O 04/01/34
0
8961503 E84/G01 F 400,000.00 ZZ
360 399,101.57 1
5.3750 2239.88 54
5.1250 2239.88
XXXXXXXX XX 00000 5 03/29/04 00
0437819659 05 05/01/04 0.0000
32821704 O 04/01/34
0
8961507 E84/G01 F 747,000.00 ZZ
360 745,360.99 1
5.5000 4241.38 53
5.2500 4241.38
XXXXXXXX XX 00000 5 03/23/04 00
0437793383 05 05/01/04 0.0000
1101148677 O 04/01/34
0
8961511 E84/G01 F 640,000.00 ZZ
360 638,628.39 1
5.6250 3684.20 64
5.3750 3684.20
XXXXX XXXXXXXXXX 00000 2 03/25/04 00
0437818578 05 05/01/04 0.0000
69941205 O 04/01/34
0
8961513 E84/G01 F 620,700.00 ZZ
360 618,760.60 1
5.6250 3573.10 68
5.3750 3573.10
XXXXXXXX XXXXXXX 00000 2 03/26/04 00
0437817133 05 05/01/04 0.0000
47118386 O 04/01/34
0
8961515 E84/G01 F 528,000.00 ZZ
360 526,841.49 1
5.5000 2997.93 66
5.2500 2997.93
XXXXXXXXX XX 00000 2 03/25/04 00
0437818180 05 05/01/04 0.0000
69941607 O 04/01/34
0
8961519 E84/G01 F 364,000.00 ZZ
360 363,201.34 1
5.5000 2066.75 77
5.2500 2066.75
XXXXXX XXXXXX XX 00000 2 03/26/04 00
0437816374 05 05/01/04 0.0000
1101150873 O 04/01/34
0
8961521 E84/G01 F 583,000.00 ZZ
360 581,750.54 1
5.6250 3356.08 53
5.3750 3356.08
XXXXXXXX XX 00000 2 03/19/04 00
0437816713 05 05/01/04 0.0000
75014125 O 04/01/34
0
8961529 E84/G01 F 529,500.00 ZZ
360 528,365.21 1
5.6250 3048.10 69
5.3750 3048.10
XXX XXXXX XX 00000 2 03/19/04 00
0437816408 05 05/01/04 0.0000
75013069 O 04/01/34
0
8961531 E84/G01 F 455,900.00 ZZ
360 454,851.83 1
5.2500 2517.50 37
5.0000 2517.50
XXX XXXXXXX XX 00000 2 03/22/04 00
0437818495 05 05/01/04 0.0000
93503864 O 04/01/34
0
8961545 E84/G01 F 416,000.00 ZZ
360 415,129.26 1
5.7500 2427.66 80
5.5000 2427.66
XXXXXXX XX 00000 2 03/22/04 00
0437794621 05 05/01/04 0.0000
75014253 O 04/01/34
0
8961559 E84/G01 F 450,000.00 ZZ
360 449,012.64 1
5.5000 2555.05 37
5.2500 2555.05
XXXXXX XX 00000 1 03/29/04 00
0437796105 05 05/01/04 0.0000
1101151488 O 04/01/34
0
8961567 E84/G01 F 524,000.00 ZZ
360 522,903.20 1
5.7500 3057.92 68
5.5000 3057.92
XXXXXXXXXX XX 00000 1 03/30/04 00
0437795677 05 05/01/04 0.0000
1101149685 O 04/01/34
0
8961571 E84/G01 F 342,000.00 ZZ
360 341,267.06 1
5.6250 1968.74 80
5.3750 1968.74
XXXXXXXXXX XX 00000 1 03/25/04 00
0437820228 03 05/01/04 0.0000
32821366 O 04/01/34
0
8961621 E84/G01 F 750,000.00 ZZ
360 748,392.66 1
5.6250 4317.42 63
5.3750 4317.42
XXXXXX XX 00000 1 03/18/04 00
0437797913 03 05/01/04 0.0000
75013947 O 04/01/34
0
8961739 313/G01 F 467,500.00 ZZ
360 467,011.89 1
5.7500 2728.21 80
5.5000 2728.21
XXXXXXXX XX 00000 2 04/02/04 00
0437776610 05 06/01/04 0.0000
90148094 O 05/01/34
0
8961803 477/G01 F 397,000.00 ZZ
300 396,393.29 1
5.6250 2467.65 59
5.3750 2467.65
XXXXXX XXXXX XXX 00000 2 04/07/04 00
0437790132 05 06/01/04 0.0000
265536 O 05/01/29
0
8961807 Y94/G01 F 420,000.00 ZZ
360 419,550.99 1
5.6250 2417.76 75
5.3750 2417.76
XX. XXXXXX XX 00000 2 04/08/04 00
0437917008 05 06/01/04 0.0000
0000010679 O 05/01/34
0
8961843 477/G01 F 600,000.00 ZZ
360 598,319.24 1
5.2500 3313.22 43
5.0000 3313.22
XXX XXXXXXXX XX 00000 5 03/30/04 00
0437790041 03 05/01/04 0.0000
265521 O 04/01/34
0
8961847 477/G01 F 580,000.00 ZZ
360 579,350.09 1
5.3750 3247.83 58
5.1250 3247.83
XX XXXXXX XXXXXX 00000 2 04/02/04 00
0437789472 05 06/01/04 0.0000
265421 O 05/01/34
0
8961923 477/G01 F 375,000.00 ZZ
360 373,302.42 1
5.5000 2129.21 74
5.2500 2129.21
XXXXXXX XXXXX XX 00000 5 03/15/04 00
0437790066 05 05/01/04 0.0000
265409 O 04/01/34
0
8961945 477/G01 F 366,000.00 ZZ
360 365,196.94 1
5.5000 2078.11 75
5.2500 2078.11
XXXXXXXXXX XXXXX 00000 5 03/18/04 00
0437824741 05 05/01/04 0.0000
265276 O 04/01/34
0
8962821 E82/G01 F 398,300.00 ZZ
360 397,874.19 1
5.6250 2292.84 72
5.3750 2292.84
XXXXX XX 00000 2 04/19/04 00
0400967444 05 06/01/04 0.0000
0400967444 O 05/01/34
0
8962829 E82/G01 F 374,000.00 ZZ
360 373,600.18 1
5.6250 2152.95 68
5.3750 2152.95
XXXXXXXXXX XX 00000 2 04/22/04 00
0400971826 05 06/01/04 0.0000
0400971826 O 05/01/34
0
8962859 E82/G01 F 357,300.00 ZZ
360 356,926.95 1
5.7500 2085.11 70
5.5000 2085.11
XXXXXXX XX 00000 2 04/19/04 00
0400968103 05 06/01/04 0.0000
0400968103 O 05/01/34
0
8962931 E22/G01 F 385,000.00 ZZ
360 384,588.41 1
5.6250 2216.28 61
5.3750 2216.28
XXXXXXXXX XX 00000 2 04/15/04 00
0420423568 05 06/01/04 0.0000
0420423568 O 05/01/34
0
8964653 696/G01 F 752,000.00 ZZ
360 751,214.86 1
5.7500 4388.47 80
5.5000 4388.47
XXXXXXX XX 00000 1 04/15/04 00
0437773252 03 06/01/04 0.0000
25004061 O 05/01/34
0
8964931 E82/G01 F 297,900.00 ZZ
360 297,581.53 1
5.6250 1714.88 57
5.3750 1714.88
XXXXXXXX XX 00000 2 04/21/04 00
0400975306 05 06/01/04 0.0000
0400975306 O 05/01/34
0
8964983 E82/G01 F 386,800.00 ZZ
360 386,396.16 1
5.7500 2257.26 71
5.5000 2257.26
XXXXXXXX XXXX XX 00000 2 04/21/04 00
0400972071 05 06/01/04 0.0000
0400972071 O 05/01/34
0
8965261 477/G01 F 630,000.00 ZZ
360 629,294.06 1
5.3750 3527.82 72
5.1250 3527.82
XXX XXXXX XX 00000 2 04/12/04 00
0437783632 05 06/01/04 0.0000
265546 O 05/01/34
0
8966723 Y94/G01 F 399,900.00 ZZ
360 398,924.34 1
5.6250 2302.05 49
5.3750 2302.05
XXXXX XXXX XX 00000 2 04/12/04 00
0437777485 05 06/01/04 0.0000
0000010882 O 05/01/34
0
8969379 116/116 F 488,000.00 ZZ
360 487,490.49 1
5.7500 2847.84 79
5.5000 2847.84
THE XXXXXXXXX XX 00000 4 04/15/04 00
091024507 03 06/01/04 0.0000
091024507 O 05/01/34
0
8971421 Y21/G01 F 412,000.00 ZZ
360 411,559.54 1
5.6250 2371.71 75
5.3750 2371.71
XXXXXXXXX XX 00000 2 04/09/04 00
0437793128 03 06/01/04 0.0000
204180368 O 05/01/34
0
8971967 Y21/G01 F 392,000.00 ZZ
360 391,590.72 1
5.7500 2287.61 80
5.5000 2287.61
XXXX XXXXXXX XX 00000 1 04/14/04 00
0437811359 05 06/01/04 0.0000
204100461 O 05/01/34
0
8972057 Y21/G01 F 412,000.00 ZZ
360 411,559.54 1
5.6250 2371.71 74
5.3750 2371.71
XXXXXXX XX 00000 2 04/08/04 00
0437789217 03 06/01/04 0.0000
204231442 O 05/01/34
0
8973641 E82/G01 F 329,000.00 ZZ
360 328,639.89 1
5.5000 1868.03 65
5.2500 1868.03
XXXXXXX XX 00000 2 04/22/04 00
0400970273 05 06/01/04 0.0000
0400970273 O 05/01/34
0
8973669 E82/G01 F 359,200.00 ZZ
360 357,824.98 1
5.7500 2096.19 75
5.5000 2096.19
XXXXXXX XX 00000 2 04/22/04 00
0400975058 05 06/01/04 0.0000
0400975058 O 05/01/34
0
8973721 Y94/G01 F 532,000.00 ZZ
360 531,431.26 1
5.6250 3062.49 66
5.3750 3062.49
XXXXXXX XX 00000 2 04/15/04 00
0437805021 05 06/01/04 0.0000
0000010566 O 05/01/34
0
8974361 E22/G01 F 570,500.00 ZZ
360 569,890.10 1
5.6250 3284.12 70
5.3750 3284.12
XXXX XXXX XX 00000 2 04/08/04 00
0420441016 01 06/01/04 0.0000
0420441016 O 05/01/34
0
8974639 E22/G01 F 399,950.00 ZZ
360 399,532.43 1
5.7500 2334.00 75
5.5000 2334.00
XXXXXX XXXX XX 00000 1 04/20/04 00
0419973524 05 06/01/04 0.0000
0419973524 O 05/01/34
0
8974673 Y94/G01 F 644,000.00 ZZ
360 643,295.11 1
5.5000 3656.56 38
5.2500 3656.56
XXXXXXXXXXXX XX 00000 2 04/12/04 00
0437812662 05 06/01/04 0.0000
0000000000 O 05/01/34
0
8974961 477/G01 F 434,000.00 ZZ
360 433,091.57 1
5.7500 2532.71 58
5.5000 2532.71
XXXXXXXXX XX 00000 5 03/24/04 00
0437790108 03 05/01/04 0.0000
265455 O 04/01/34
0
8975185 477/G01 F 428,000.00 ZZ
360 427,531.53 1
5.5000 2430.14 43
5.2500 2430.14
XXXXXXXX XX 00000 2 04/02/04 00
0437789522 05 06/01/04 0.0000
265431 O 05/01/34
0
8976137 477/G01 F 483,000.00 T
360 481,479.89 1
5.7500 2818.66 70
5.5000 2818.66
XXXXXX XX 00000 1 02/24/04 00
0437790074 05 04/01/04 0.0000
239888 O 03/01/34
0
8976199 477/G01 F 425,000.00 ZZ
360 424,089.17 1
5.6250 2446.54 56
5.3750 2446.54
XXXXXXXXX XX 00000 5 03/10/04 00
0437789449 05 05/01/04 0.0000
265382 O 04/01/34
0
8976203 144/144 F 782,000.00 ZZ
360 781,164.00 1
5.6250 4501.63 63
5.3750 4501.63
XXX XX 00000 2 04/10/04 00
04ADAMSE 05 06/01/04 0.0000
04ADAMSE O 05/01/34
0
8976359 Y94/G01 F 429,000.00 ZZ
360 428,530.44 1
5.5000 2435.81 69
5.2500 2435.81
XXXXXXXXXX XX 00000 2 04/01/04 00
0437792989 03 06/01/04 0.0000
0000000000 O 05/01/34
0
8976399 L01/G01 F 383,200.00 ZZ
360 382,809.31 1
5.8750 2266.77 75
5.6250 2266.77
XXXXXXXX XX 00000 2 04/21/04 00
0437796048 03 06/01/04 0.0000
15868610 O 05/01/34
0
8976441 Y94/G01 F 370,000.00 ZZ
360 369,604.45 1
5.6250 2129.93 53
5.3750 2129.93
XXXXXX XXXXX XX 00000 2 04/05/04 00
0437793003 05 06/01/04 0.0000
0000010478 O 05/01/34
0
8976655 696/G01 F 447,500.00 ZZ
360 447,021.60 1
5.6250 2576.06 77
5.3750 2576.06
XXXXXXXXXX XX 00000 2 04/22/04 00
0437908064 05 06/01/04 0.0000
23104024 O 05/01/34
0
8976669 L01/G01 F 386,000.00 ZZ
360 385,587.35 1
5.6250 2222.03 76
5.3750 2222.03
XXXXXXXX XX 00000 2 04/20/04 00
0437791445 03 06/01/04 0.0000
15817895 O 05/01/34
0
8977433 550/550 F 1,000,000.00 ZZ
360 998,925.88 1
5.6000 5740.79 59
5.3500 5740.79
XXX XXXXXXX XX 00000 1 04/15/04 00
1 05 06/01/04 0.0000
1 O 05/01/34
0
8979409 E82/G01 F 388,000.00 ZZ
360 387,585.20 1
5.6250 2233.55 76
5.3750 2233.55
XXXXXX XXXXX XX 00000 2 04/26/04 00
0400970844 05 06/01/04 0.0000
0400970844 O 05/01/34
0
8980899 696/G01 F 650,000.00 ZZ
360 649,288.54 1
5.5000 3690.63 68
5.2500 3690.63
XXXXXXXXXX XX 00000 2 04/22/04 00
0437783087 07 06/01/04 0.0000
31804031 O 05/01/34
0
8981281 Y94/G01 F 394,000.00 ZZ
360 393,568.74 1
5.5000 2237.09 47
5.2500 2237.09
XXX XXXXX XX 00000 2 04/12/04 00
0437940539 03 06/01/04 0.0000
0000010648 O 05/01/34
0
8981321 M27/G01 F 607,000.00 ZZ
360 606,335.60 1
5.5000 3446.48 65
5.2500 3446.48
XXXXXXX XX 00000 2 04/20/04 00
0437866627 05 06/01/04 0.0000
630061414 O 05/01/34
0
8981711 E22/G01 F 650,000.00 ZZ
360 649,321.36 1
5.7500 3793.22 73
5.5000 3793.22
XXXXX XXXXXX XX 00000 1 04/29/04 00
0420105710 05 06/01/04 0.0000
0420105710 O 05/01/34
0
8982167 E82/G01 F 352,600.00 ZZ
360 352,223.05 1
5.6250 2029.76 60
5.3750 2029.76
XXXXX XXXXXX XX 00000 2 04/23/04 00
0400967774 05 06/01/04 0.0000
0400967774 O 05/01/34
0
8982609 253/253 F 419,650.00 ZZ
360 418,771.60 1
5.7500 2448.97 75
5.5000 2448.97
XXXXXXXXXX XX 00000 4 03/29/04 00
449645 05 05/01/04 0.0000
449645 O 04/01/34
0
8983559 W93/G01 F 533,600.00 ZZ
360 533,015.95 1
5.5000 3029.72 80
5.2500 3029.72
XXXXXX XX 00000 2 04/16/04 00
0437790231 03 06/01/04 0.0000
30529078 O 05/01/34
0
8983801 E82/G01 F 347,900.00 ZZ
360 347,900.00 1
5.6250 2002.71 57
5.3750 2002.71
XXXXXX XXXXX XX 00000 2 04/26/04 00
0400975322 05 07/01/04 0.0000
0400975322 O 06/01/34
0
8983809 E82/G01 F 923,400.00 ZZ
360 923,400.00 1
5.7500 5388.71 31
5.5000 5388.71
XXXXXX XX 00000 2 04/26/04 00
0400967741 05 07/01/04 0.0000
0400967741 O 06/01/34
0
8983825 E82/G01 F 340,300.00 ZZ
360 340,300.00 1
5.6250 1958.96 69
5.3750 1958.96
XXX XXXXXXX XX 00000 2 04/26/04 00
0400968277 05 07/01/04 0.0000
0400968277 O 06/01/34
0
8983847 E82/G01 F 251,800.00 ZZ
360 251,800.00 1
5.6250 1449.50 28
5.3750 1449.50
XXXXXX XX 00000 2 04/26/04 00
0400970299 05 07/01/04 0.0000
0400970299 O 06/01/34
0
8983851 E82/G01 F 129,200.00 ZZ
360 129,200.00 1
5.7500 753.98 81
5.5000 753.98
XXXXXX XXXX XX 00000 2 04/29/04 04
0400972949 03 07/01/04 12.0000
0400972949 O 06/01/34
0
8983855 E82/G01 F 182,100.00 ZZ
360 181,905.32 1
5.6250 1048.27 58
5.3750 1048.27
XXXXXXXX XXXXXXX 00000 2 04/29/04 00
0400967261 05 06/01/04 0.0000
0400967261 O 05/01/34
0
8984259 E22/G01 F 396,000.00 ZZ
360 395,596.26 1
5.8750 2342.49 80
5.6250 2342.49
XXXXXX XX 00000 1 04/22/04 00
0420591141 05 06/01/04 0.0000
0420591141 O 05/01/34
0
8984817 E22/G01 F 350,000.00 ZZ
360 349,607.81 1
5.3750 1959.90 41
5.1250 1959.90
XXXXXXXX XX 00000 1 04/30/04 00
0420392664 05 06/01/04 0.0000
0420392664 O 05/01/34
0
8986347 Y94/G01 F 399,900.00 ZZ
360 399,482.48 1
5.7500 2333.71 52
5.5000 2333.71
XXXXXXX XX 00000 5 04/13/04 00
0437909013 03 06/01/04 0.0000
0000010705 O 05/01/34
0
8986997 U80/G01 F 450,000.00 ZZ
360 449,518.93 1
5.6250 2590.45 69
5.3750 2590.45
XXXXXXXX XX 00000 2 04/22/04 00
0437820350 05 06/01/04 0.0000
30010850 O 05/01/34
0
8988455 E82/G01 F 608,000.00 ZZ
360 608,000.00 1
5.7500 3548.12 78
5.5000 3548.12
XXX XXXXXXXX XX 00000 2 04/28/04 00
0400974655 05 07/01/04 0.0000
0400974655 O 06/01/34
0
8988513 E82/G01 F 205,800.00 ZZ
360 205,800.00 1
5.7500 1200.99 38
5.5000 1200.99
XXXXXXX XXX XX 00000 2 04/28/04 00
0400968814 05 07/01/04 0.0000
0400968814 O 06/01/34
0
8989367 Y94/G01 F 370,000.00 ZZ
360 369,595.01 1
5.5000 2100.82 43
5.2500 2100.82
XXX XXXXX XX 00000 2 04/06/04 00
0437930001 05 06/01/04 0.0000
0000010451 O 05/01/34
0
8989457 Y94/G01 F 780,000.00 ZZ
360 779,146.25 1
5.5000 4428.75 55
5.2500 4428.75
XXXXXXXXX XX 00000 5 04/21/04 00
0437842529 05 06/01/04 0.0000
0000010449 O 05/01/34
0
8992847 E82/G01 F 265,500.00 ZZ
360 265,500.00 1
5.6250 1528.37 74
5.3750 1528.37
XX XXXXX XX 00000 2 04/28/04 00
0400972105 05 07/01/04 0.0000
0400972105 O 06/01/34
0
8993127 E22/G01 F 616,000.00 ZZ
360 615,356.86 1
5.7500 3594.81 80
5.5000 3594.81
XXXXXXX XX 00000 1 04/29/04 00
0420604712 09 06/01/04 0.0000
0420604712 O 05/01/34
0
8993367 E22/G01 F 549,000.00 ZZ
360 548,413.09 1
5.6250 3160.35 47
5.3750 3160.35
XXXXXXXX XX 00000 2 04/27/04 00
0420233645 05 06/01/04 0.0000
0420233645 O 05/01/34
0
8993439 E22/G01 F 155,200.00 TX
360 155,027.50 1
5.6250 893.42 80
5.3750 893.42
XXXXXXXXX XX 00000 5 04/29/04 00
0420140980 05 06/01/04 0.0000
0420140980 O 05/01/34
0
8993801 Y94/G01 F 541,000.00 ZZ
360 540,435.16 1
5.7500 3157.13 64
5.5000 3157.13
XXX XXXXXXXXX XX 00000 1 04/14/04 00
0437929995 05 06/01/04 0.0000
0000010795 O 05/01/34
0
8995421 696/G01 F 480,000.00 ZZ
360 479,474.61 1
5.5000 2725.39 80
5.2500 2725.39
XXXXXX XXXXXX XX 00000 1 04/30/04 00
0437835614 03 06/01/04 0.0000
30504043 O 05/01/34
0
8995457 696/G01 F 650,000.00 ZZ
360 649,305.11 1
5.6250 3741.77 73
5.3750 3741.77
XXXXXXXXXX XX 00000 2 04/23/04 00
0437804875 05 06/01/04 0.0000
24604099 O 05/01/34
0
8995817 E82/G01 F 201,500.00 ZZ
360 201,500.00 1
5.6250 1159.95 73
5.3750 1159.95
XXXXXXXXXX XX 00000 2 05/03/04 00
0400971222 05 07/01/04 0.0000
0400971222 O 06/01/34
0
8995821 E82/G01 F 244,100.00 ZZ
360 244,100.00 1
5.6250 1405.18 75
5.3750 1405.18
XXX XXXXXXX XX 00000 2 04/30/04 00
0400970331 05 07/01/04 0.0000
0400970331 O 06/01/34
0
8995825 E82/G01 F 366,400.00 ZZ
360 366,400.00 1
5.7500 2138.21 74
5.5000 2138.21
XXXXXX XXXXX XX 00000 2 04/30/04 00
0400966644 03 07/01/04 0.0000
0400966644 O 06/01/34
0
8995829 E82/G01 F 241,800.00 ZZ
360 241,800.00 1
5.6250 1391.94 72
5.3750 1391.94
XXXXXXX XX 00000 2 04/30/04 00
0400975298 03 07/01/04 0.0000
0400975298 O 06/01/34
0
8995835 E82/G01 F 236,200.00 ZZ
360 236,200.00 1
5.6250 1359.70 73
5.3750 1359.70
XXXXXXXX XX 00000 2 04/30/04 00
0400973871 05 07/01/04 0.0000
0400973871 O 06/01/34
0
8996093 E22/G01 F 379,000.00 ZZ
360 378,594.82 1
5.6250 2181.74 69
5.3750 2181.74
XXX XXXX XX 00000 2 04/30/04 00
0420211518 05 06/01/04 0.0000
0420211518 O 05/01/34
0
8996669 Y94/G01 F 1,000,000.00 ZZ
360 998,930.94 1
5.6250 5756.56 67
5.3750 5756.56
XXXX XXXX XX 00000 2 04/15/04 00
0437880669 05 06/01/04 0.0000
0000010691 O 05/01/34
0
8996695 Y94/G01 F 380,000.00 ZZ
360 379,603.25 1
5.7500 2217.58 58
5.5000 2217.58
XXXXXXX XX 00000 2 04/20/04 00
0437820806 05 06/01/04 0.0000
0000010750 O 05/01/34
0
8997117 M27/G01 F 396,000.00 ZZ
360 395,576.65 1
5.6250 2279.60 80
5.3750 2279.60
XXXX XX 00000 1 04/29/04 00
0437862832 03 06/01/04 0.0000
6300753952 O 05/01/34
0
8997175 Y84/G01 F 424,700.00 ZZ
360 424,256.58 1
5.7500 2478.44 80
5.5000 2478.44
XXXXXXXXX XX 00000 2 04/26/04 00
0437811565 05 06/01/04 0.0000
1001919230 O 05/01/34
0
8998897 E82/G01 F 469,000.00 ZZ
360 469,000.00 1
5.7500 2736.96 79
5.5000 2736.96
XXXXXXXX XX 00000 2 05/05/04 00
0400976742 03 07/01/04 0.0000
0400976742 O 06/01/34
0
8998899 E82/G01 F 559,500.00 ZZ
360 559,500.00 1
5.6250 3220.80 62
5.3750 3220.80
XXXXXXXXXXX XX 00000 2 05/05/04 00
0400971867 05 07/01/04 0.0000
0400971867 O 06/01/34
0
8998913 E82/G01 F 346,600.00 ZZ
360 346,600.00 1
5.6250 1995.23 60
5.3750 1995.23
XXXXXXX XX 00000 2 05/04/04 00
0400974218 05 07/01/04 0.0000
0400974218 O 06/01/34
0
9000727 E82/G01 F 221,900.00 ZZ
360 221,662.78 1
5.6250 1277.38 43
5.3750 1277.38
XXXXXXXXXXXXX XX 00000 2 04/21/04 00
0400970984 05 06/01/04 0.0000
0400970984 O 05/01/34
0
9002137 Y21/G01 F 383,000.00 ZZ
360 382,580.78 1
5.5000 2174.64 41
5.2500 2174.64
XXX XXXXXXXXX XX 00000 2 04/26/04 00
0437822802 05 06/01/04 0.0000
204208637 O 05/01/34
0
9002141 Y21/G01 F 422,000.00 ZZ
360 421,538.10 1
5.5000 2396.07 79
5.2500 2396.07
XXXXXXX XX 00000 2 04/23/04 00
0437829385 03 06/01/04 0.0000
204231370 O 05/01/34
0
9002147 Y21/G01 F 333,700.00 ZZ
360 333,343.25 1
5.6250 1920.97 78
5.3750 1920.97
XXXXXXXX XX 00000 1 04/20/04 00
0437838642 05 06/01/04 0.0000
204212065 O 05/01/34
0
9002149 Y21/G01 F 385,000.00 ZZ
360 384,598.03 1
5.7500 2246.76 65
5.5000 2246.76
XXXXXXXX XX 00000 2 04/15/04 00
0437839525 05 06/01/04 0.0000
204195691 O 05/01/34
0
9002159 Y21/G01 F 358,000.00 ZZ
360 357,617.28 1
5.6250 2060.85 70
5.3750 2060.85
XXXXXXXX XX 00000 2 04/20/04 00
0437829963 05 06/01/04 0.0000
204260388 O 05/01/34
0
9002221 Y21/G01 F 435,000.00 ZZ
360 434,501.04 1
5.2500 2402.09 49
5.0000 2402.09
XXXXXXX XX 00000 5 04/20/04 00
0437835622 05 06/01/04 0.0000
204253284 O 05/01/34
0
9002247 Y21/G01 F 544,850.00 ZZ
360 544,253.63 1
5.5000 3093.60 40
5.2500 3093.60
XXXXX XXXXXX XX 00000 2 04/16/04 00
0437841570 05 06/01/04 0.0000
204239648 O 05/01/34
0
9002255 Y21/G01 F 440,000.00 ZZ
360 439,529.61 1
5.6250 2532.89 58
5.3750 2532.89
XXXXXXXXXX XX 00000 2 04/23/04 00
0437828957 05 06/01/04 0.0000
204203287 O 05/01/34
0
9002259 Y21/G01 F 472,000.00 ZZ
360 471,016.20 1
5.6250 2717.10 79
5.3750 2717.10
XXXXXXXXX XX 00000 2 04/16/04 00
0437841828 05 06/01/04 0.0000
204229791 O 05/01/34
0
9002269 Y21/G01 F 300,000.00 ZZ
360 299,728.79 1
6.5000 1896.21 75
6.2500 1896.21
XXXXXX XX 00000 1 04/30/04 00
0437830474 05 06/01/04 0.0000
204051126 O 05/01/34
0
9002287 Y21/G01 F 497,000.00 ZZ
360 496,468.67 1
5.6250 2861.02 68
5.3750 2861.02
XXXXXXXXX XX 00000 2 04/19/04 00
0437842099 05 06/01/04 0.0000
204260281 O 05/01/34
0
9002299 Y21/G01 F 392,000.00 ZZ
360 391,580.92 1
5.6250 2256.58 80
5.3750 2256.58
XXXXXX XX 00000 1 04/28/04 00
0437840242 05 06/01/04 0.0000
204212944 O 05/01/34
0
9002319 Y21/G01 F 472,000.00 ZZ
360 471,483.36 1
5.5000 2679.97 78
5.2500 2679.97
XXXXXX XX 00000 2 04/20/04 00
0437830235 05 06/01/04 0.0000
204168791 O 05/01/34
0
9002329 Y21/G01 F 485,000.00 ZZ
360 484,493.63 1
5.7500 2830.33 80
5.5000 2830.33
XXX XXXX XX 00000 2 04/19/04 00
0437834286 05 06/01/04 0.0000
204188679 O 05/01/34
0
9002415 Y21/G01 F 450,000.00 ZZ
360 449,518.92 1
5.6250 2590.46 70
5.3750 2590.46
XXXXXXX XX 00000 1 04/26/04 00
0437833692 05 06/01/04 0.0000
204239915 O 05/01/34
0
9002435 Y21/G01 F 450,000.00 ZZ
360 449,518.92 1
5.6250 2590.46 63
5.3750 2590.46
XXX XXXXX XX 00000 5 04/09/04 00
0437837412 05 06/01/04 0.0000
204244013 O 05/01/34
0
9002439 Y21/G01 F 637,500.00 T
360 636,802.21 1
5.5000 3619.66 75
5.2500 3619.66
XXXXXXXXX XX 00000 1 04/30/04 00
0437833544 05 06/01/04 0.0000
204200075 O 05/01/34
0
9002443 Y21/G01 F 425,000.00 ZZ
360 424,534.81 1
5.5000 2413.11 52
5.2500 2413.11
XXXXXX XX 00000 1 04/30/04 00
0437822422 05 06/01/04 0.0000
204204275 O 05/01/34
0
9002455 Y21/G01 F 378,000.00 ZZ
360 377,595.89 1
5.6250 2175.99 80
5.3750 2175.99
XXXXXXXXX XX 00000 2 04/19/04 00
0437836430 05 06/01/04 0.0000
204241685 O 05/01/34
0
9002459 Y21/G01 F 475,000.00 ZZ
360 474,480.08 1
5.5000 2697.00 17
5.2500 2697.00
XXXXXX XX 00000 5 04/16/04 00
0437831274 05 06/01/04 0.0000
204227453 O 05/01/34
0
9002467 Y21/G01 F 477,000.00 ZZ
360 476,490.05 1
5.6250 2745.89 63
5.3750 2745.89
XXX XXXXXXXXX XX 00000 2 04/22/04 00
0437834914 05 06/01/04 0.0000
204232813 O 05/01/34
0
9002475 Y21/G01 F 579,000.00 ZZ
360 578,366.25 1
5.5000 3287.50 71
5.2500 3287.50
XXXXXXXX XX 00000 2 04/16/04 00
0437835408 05 06/01/04 0.0000
204208424 O 05/01/34
0
9003095 M27/G01 F 560,000.00 ZZ
360 559,401.32 1
5.6250 3223.68 70
5.3750 3223.68
XXXXXXXX XX 00000 2 04/26/04 00
0437871189 05 06/01/04 0.0000
630064923 O 05/01/34
0
9003149 E22/G01 F 208,000.00 ZZ
360 208,000.00 4
6.0000 1247.07 80
5.7500 1247.07
XXXXXXXX XX 00000 1 05/07/04 00
0420315947 05 07/01/04 0.0000
0420315947 O 06/01/34
0
9003333 Y94/G01 F 640,000.00 ZZ
360 639,315.80 1
5.6250 3684.20 60
5.3750 3684.20
XXXXXXXX XX 00000 2 04/13/04 00
0437881519 05 06/01/04 0.0000
0000010116 O 05/01/34
0
9003499 Y94/G01 F 412,000.00 ZZ
360 411,559.55 1
5.6250 2371.70 80
5.3750 2371.70
XXXX XX 00000 2 04/22/04 00
0437880735 05 06/01/04 0.0000
0000010709 O 05/01/34
0
9003561 Y94/G01 F 501,000.00 ZZ
360 500,451.63 1
5.5000 2844.62 39
5.2500 2844.62
XXXXXXXX XX 00000 5 04/16/04 00
0437917651 05 06/01/04 0.0000
0000010584 O 05/01/34
0
9003643 Y94/G01 F 650,000.00 ZZ
360 649,305.11 1
5.6250 3741.77 52
5.3750 3741.77
XXXXXXXX XX 00000 2 04/08/04 00
0437908866 05 06/01/04 0.0000
0000010182 O 05/01/34
0
9003669 Y94/G01 F 404,000.00 ZZ
360 403,568.10 1
5.6250 2325.65 58
5.3750 2325.65
XXXXXX XX 00000 2 04/16/04 00
0437841349 05 06/01/04 0.0000
0000010580 O 05/01/34
0
9007821 E82/G01 F 375,700.00 ZZ
360 375,700.00 1
5.6250 2162.74 55
5.3750 2162.74
XXX XXXXX XX 00000 2 05/05/04 00
0400975371 03 07/01/04 0.0000
0400975371 O 06/01/34
0
9007827 Y94/G01 F 446,700.00 ZZ
360 446,244.57 1
5.8750 2642.40 56
5.6250 2642.40
XXX XXXX XX 00000 2 04/20/04 00
0437920440 05 06/01/04 0.0000
0000010794 O 05/01/34
0
9007843 E82/G01 F 255,600.00 ZZ
360 255,600.00 1
5.6250 1471.38 61
5.3750 1471.38
XXXXXXXXX XX 00000 2 05/07/04 00
0400971727 05 07/01/04 0.0000
0400971727 O 06/01/34
0
9007879 E82/G01 F 323,200.00 ZZ
360 323,200.00 1
5.6250 1860.52 71
5.3750 1860.52
XXXXXXX XXXX XX 00000 2 05/07/04 00
0400967170 05 07/01/04 0.0000
0400967170 O 06/01/34
0
9007889 E82/G01 F 335,000.00 ZZ
360 335,000.00 1
5.6250 1928.45 80
5.3750 1928.45
XXXXXXXX XX 00000 2 05/07/04 00
0400969606 03 07/01/04 0.0000
0400969606 O 06/01/34
0
9007903 E82/G01 F 304,500.00 ZZ
360 304,500.00 1
5.6250 1752.87 61
5.3750 1752.87
XXXXX XXXXXX XX 00000 2 04/29/04 00
0400972814 05 07/01/04 0.0000
0400972014 O 06/01/34
0
9009049 L86/G01 F 500,000.00 ZZ
360 500,000.00 1
5.7500 2917.86 71
5.5000 2917.86
XXX XXXXXXXXX XX 00000 2 04/27/04 00
0437839137 05 07/01/04 0.0000
14501462 O 06/01/34
0
9010227 S11/G01 F 410,000.00 ZZ
360 409,571.93 1
5.7500 2392.65 69
5.5000 2392.65
XXXXXXX XXXXX XX 00000 5 04/21/04 00
0437824915 03 06/01/04 0.0000
11501151 O 05/01/34
0
9010645 696/G01 F 356,000.00 ZZ
360 356,000.00 1
5.5000 2021.33 80
5.2500 2021.33
XXXXXXXXXX XX 00000 1 05/07/04 00
0437821614 09 07/01/04 0.0000
40104151 O 06/01/34
0
9010681 696/G01 F 650,000.00 ZZ
360 649,337.29 1
5.8750 3845.00 64
5.6250 3845.00
XXXXXXXXXX XX 00000 2 04/28/04 00
0437832876 05 06/01/04 0.0000
32204056 O 05/01/34
0
9011107 Y94/G01 F 508,000.00 ZZ
360 508,000.00 1
5.5000 2884.37 76
5.2500 2884.37
XXX XXXXXX XX 00000 2 04/26/04 00
0437941354 05 07/01/04 0.0000
0000010659 O 06/01/34
0
9012087 E22/G01 F 107,500.00 TX
360 107,500.00 1
5.7500 627.34 75
5.5000 627.34
XXXXXX XX 00000 5 05/06/04 00
0420603631 05 07/01/04 0.0000
0420603631 O 06/01/34
0
9012171 E82/G01 F 351,000.00 ZZ
360 351,000.00 1
5.7500 2048.34 65
5.5000 2048.34
XXXXX XX XX 00000 2 05/08/04 00
0400978276 05 07/01/04 0.0000
0400978276 O 06/01/34
0
9012175 E82/G01 F 334,700.00 ZZ
360 334,700.00 1
5.7500 1953.22 79
5.5000 1953.22
XXXXXXXXX XX 00000 2 05/06/04 00
0400978078 05 07/01/04 0.0000
0400978078 O 06/01/34
0
9012303 E22/G01 F 358,000.00 ZZ
360 357,635.00 1
5.8750 2117.71 63
5.6250 2117.71
XXXXXXXXX XX 00000 2 04/28/04 00
0420276586 05 06/01/04 0.0000
0420276586 O 05/01/34
0
9012411 758/G01 F 475,000.00 ZZ
360 474,492.19 1
5.6250 2734.37 52
5.3750 2734.37
XXXXXXX XX 00000 1 04/26/04 00
0437911852 05 06/01/04 0.0000
6550000079 O 05/01/34
0
9012527 696/G01 F 439,900.00 ZZ
360 439,440.71 1
5.7500 2567.14 80
5.5000 2567.14
XXXXXXX XX 00000 1 05/10/04 00
0437835382 03 06/01/04 0.0000
31204108 O 05/01/34
0
9012821 Y84/G01 F 350,000.00 ZZ
360 349,616.90 1
5.5000 1987.27 64
5.2500 1987.27
XXXXXX XX 00000 2 04/29/04 00
0437934813 03 06/01/04 0.0000
1001921848 O 05/01/34
0
9013161 Y84/G01 F 496,000.00 ZZ
360 495,469.74 1
5.6250 2855.26 80
5.3750 2855.26
XXXXXX XX 00000 2 04/26/04 00
0437838675 05 06/01/04 0.0000
1001878824 O 05/01/34
0
9013557 253/253 F 350,000.00 ZZ
360 349,625.83 1
5.6250 2014.80 79
5.3750 2014.80
XXXXXXXX XX 00000 4 04/20/04 00
491997 03 06/01/04 0.0000
491997 O 05/01/34
0
9013869 550/550 F 570,000.00 ZZ
360 570,000.00 1
5.7000 3308.29 48
5.4500 3308.29
XXX XXXXXXXXX XX 00000 1 05/05/04 00
120710822 05 07/01/04 0.0000
120710822 O 06/01/34
0
9015333 111/111 F 605,000.00 ZZ
360 605,000.00 1
5.7500 3530.62 47
5.5000 3530.62
XXX XXXXX XX 00000 2 05/11/04 00
683001285475 03 07/01/04 0.0000
683001285475 O 06/01/34
0
9015839 S11/G01 F 525,000.00 ZZ
360 524,451.87 1
5.7500 3063.76 64
5.5000 3063.76
XXXXX XXXXX XX 00000 2 04/20/04 00
0437846181 05 06/01/04 0.0000
11501119 O 05/01/34
0
9015843 196/G01 F 350,000.00 ZZ
360 349,625.83 1
5.6250 2014.80 77
5.3750 2014.80
DOBBS XXXXX XX 00000 1 04/26/04 00
0437865272 05 06/01/04 0.0000
1736506 O 05/01/34
0
9015887 196/G01 F 348,900.00 ZZ
360 348,560.88 1
6.1250 2119.96 90
5.8750 2119.96
XXXXXXXXXXX XX 00000 1 04/29/04 10
0437857113 03 06/01/04 25.0000
1903405 O 05/01/34
0
9015925 196/G01 F 384,000.00 ZZ
360 383,599.08 1
5.7500 2240.92 80
5.5000 2240.92
XXXXXXXX XX 00000 1 04/16/04 00
0437865025 05 06/01/04 0.0000
1735218 O 05/01/34
0
9016013 196/G01 F 354,000.00 ZZ
360 353,621.55 1
5.6250 2037.83 62
5.3750 2037.83
XXX XXXXX XX 00000 2 04/07/04 00
0437858525 05 06/01/04 0.0000
1907204 O 05/01/34
0
9016131 196/G01 F 466,300.00 ZZ
360 462,589.70 1
5.7500 2721.21 78
5.5000 2721.21
XXXXXX XX 00000 2 04/01/04 00
0437859168 05 05/01/04 0.0000
1903753 O 04/01/34
0
9016165 196/G01 F 450,000.00 ZZ
360 449,035.58 1
5.6250 2590.46 79
5.3750 2590.46
XXXXX XXXXXXX XX 00000 2 03/30/04 00
0437855703 05 05/01/04 0.0000
1736907 O 04/01/34
0
9016203 111/111 F 376,700.00 ZZ
360 376,306.70 1
5.7500 2198.32 16
5.5000 2198.32
XXXXXXXXX XX 00000 5 04/19/04 00
1281502 05 06/01/04 0.0000
679001281502 O 05/01/34
0
9016209 W68/G01 F 614,000.00 ZZ
360 613,343.60 1
5.6250 3534.53 63
5.3750 3534.53
UNIVERSITY PARTX 75205 2 04/12/04 00
0437833098 05 06/01/04 0.0000
4032407 O 05/01/34
0
9016213 111/111 F 400,000.00 ZZ
360 399,562.17 1
5.5000 2271.16 70
5.2500 2271.16
XXXXXXXXXX XXXXX 00000 5 04/22/04 00
1283180 05 06/01/04 0.0000
683 001283180 O 05/01/34
0
9017091 E82/G01 F 331,700.00 ZZ
360 331,700.00 1
5.7500 1935.71 73
5.5000 1935.71
XXXXXXXXXXX XX 00000 2 05/07/04 00
0400969242 05 07/01/04 0.0000
0400969242 O 06/01/34
0
9017097 E82/G01 F 393,600.00 ZZ
360 393,600.00 1
5.6250 2265.78 78
5.3750 2265.78
XXXXX XX 00000 2 05/07/04 00
0400969796 05 07/01/04 0.0000
0400969796 O 06/01/34
0
9017123 E82/G01 F 313,500.00 ZZ
360 313,500.00 1
6.1250 1904.86 67
5.8750 1904.86
XXXXXXXXXXX XXXX 00000 2 05/07/04 00
0400983243 05 07/01/04 0.0000
0400983243 O 06/01/34
0
9017131 E82/G01 F 215,400.00 ZZ
360 215,400.00 1
5.6250 1239.96 70
5.3750 1239.96
XXXXXXX XXXX XX 00000 2 05/07/04 00
0400970174 03 07/01/04 0.0000
0400970174 O 06/01/34
0
9017133 E82/G01 F 384,000.00 ZZ
360 384,000.00 1
5.6250 2210.52 69
5.3750 2210.52
XXX XXXXXXX XX 00000 2 05/07/04 00
0400970307 05 07/01/04 0.0000
0400970307 O 06/01/34
0
9017151 E82/G01 F 347,500.00 ZZ
360 347,500.00 1
5.6250 2000.41 67
5.3750 2000.41
XXXX XXXXXX XX 00000 2 05/10/04 00
0400969804 05 07/01/04 0.0000
0400969804 O 06/01/34
0
9017163 E82/G01 F 235,700.00 ZZ
360 235,700.00 1
5.6250 1356.82 38
5.3750 1356.82
XXXXXXXX XX 00000 2 05/07/04 00
0400973756 05 07/01/04 0.0000
0400973756 O 06/01/34
0
9017167 E82/G01 F 370,000.00 ZZ
360 370,000.00 1
5.6250 2129.93 71
5.3750 2129.93
XXXXXXX XX 00000 2 05/07/04 00
0400964730 05 07/01/04 0.0000
0400964730 O 06/01/34
0
9018067 E22/G01 F 250,000.00 ZZ
360 250,000.00 1
5.5000 1419.47 74
5.2500 1419.47
XXXXXXXX XX 00000 1 05/05/04 00
0420274128 03 07/01/04 0.0000
0420274128 O 06/01/34
0
9019525 U05/G01 F 740,000.00 ZZ
360 739,208.89 1
5.6250 4259.86 57
5.3750 4259.86
XXXXXXX XX 00000 2 04/21/04 00
0437861131 05 06/01/04 0.0000
3000619408 O 05/01/34
0
9019721 Q97/G01 F 599,000.00 ZZ
360 599,000.00 1
5.6250 3448.18 75
5.3750 3448.18
XXXXXXX XX 00000 5 04/29/04 00
0437890445 05 07/01/04 0.0000
16034413 O 06/01/34
0
9021725 E82/G01 F 223,200.00 ZZ
360 223,200.00 1
5.6250 1284.87 69
5.3750 1284.87
XXXXXXXX XX 00000 2 05/12/04 00
0400974804 05 07/01/04 0.0000
0400974804 O 06/01/34
0
9021747 E82/G01 F 340,000.00 ZZ
360 340,000.00 1
5.8750 2011.23 71
5.6250 2011.23
XXXXXX XX 00000 2 05/07/04 00
0400981056 05 07/01/04 0.0000
0400981056 O 06/01/34
0
9022771 E22/G01 F 348,000.00 ZZ
360 348,000.00 1
5.7500 2030.83 57
5.5000 2030.83
XXXXXXXXXX (XXXX 00000 2 05/04/04 00
0420537433 05 07/01/04 0.0000
0420537433 O 06/01/34
0
9023887 M27/G01 F 425,900.00 ZZ
360 425,900.00 1
5.5000 2418.21 75
5.2500 2418.21
XXXX XXXXX XX 00000 1 05/11/04 00
0437927924 03 07/01/04 0.0000
630058719 O 06/01/34
0
9023973 225/G01 F 405,000.00 ZZ
360 404,567.03 1
5.6250 2331.41 69
5.3750 2331.41
XXXXX XX 00000 2 04/07/04 00
0437843261 03 06/01/04 0.0000
007530465 O 05/01/34
0
9023977 225/G01 F 511,000.00 ZZ
360 510,440.67 1
5.5000 2901.41 76
5.2500 2901.41
XXXXXXXX XXXXXXX 00000 2 04/13/04 00
0437842966 05 06/01/04 0.0000
007531736 O 05/01/34
0
9023979 225/G01 F 525,000.00 ZZ
360 524,411.71 1
5.3750 2939.85 70
5.1250 2939.85
XXXXXX XXXXX XX 00000 5 04/16/04 00
0437841885 03 06/01/04 0.0000
007532162 O 05/01/34
0
9023983 225/G01 F 555,000.00 ZZ
360 554,392.52 1
5.5000 3151.23 47
5.2500 3151.23
XXX XXXXXXXX XX 00000 2 04/01/04 00
0437842420 03 06/01/04 0.0000
007532165 O 05/01/34
0
9023985 225/G01 F 375,000.00 ZZ
360 374,589.54 1
5.5000 2129.21 73
5.2500 2129.21
XXXXXXXX XX 00000 5 04/06/04 00
0437843246 05 06/01/04 0.0000
007532504 O 05/01/34
0
9023991 225/G01 F 385,000.00 ZZ
360 384,558.39 1
5.2500 2125.99 77
5.0000 2125.99
XXXXXXXXX XX 00000 2 04/12/04 00
0437842974 05 06/01/04 0.0000
007532881 O 05/01/34
0
9023993 225/G01 F 450,000.00 ZZ
360 449,483.83 1
5.2500 2484.92 64
5.0000 2484.92
XXXXXXXXXXX XX 00000 5 04/12/04 00
0437842990 05 06/01/04 0.0000
007533122 O 05/01/34
0
9023995 225/G01 F 550,000.00 ZZ
360 549,369.12 1
5.2500 3037.13 61
5.0000 3037.13
XXX XXXXXXX XX 00000 5 04/13/04 00
0437842495 05 06/01/04 0.0000
007533217 O 05/01/34
0
9023997 225/G01 F 360,000.00 ZZ
360 359,587.06 1
5.2500 1987.94 65
5.0000 1987.94
XXXXXXXXX XX 00000 5 04/13/04 00
0437843428 03 06/01/04 0.0000
007533575 O 05/01/34
0
9024001 225/G01 F 439,400.00 ZZ
360 438,930.26 1
5.6250 2529.43 80
5.3750 2529.43
XXXXXXXXXX XX 00000 2 04/16/04 00
0437843220 05 06/01/04 0.0000
008885655 O 05/01/34
0
9024011 225/G01 F 464,000.00 ZZ
360 463,480.06 1
5.3750 2598.27 75
5.1250 2598.27
XXXXXXXXXXXX XX 00000 5 04/12/04 00
0437843170 03 06/01/04 0.0000
006976185 O 05/01/34
0
9024017 225/G01 F 521,706.00 ZZ
360 520,534.20 1
5.3750 2921.40 75
5.1250 2921.40
XXXX XX 00000 4 03/31/04 00
0437870207 05 05/01/04 0.0000
006589565 O 04/01/34
0
9024047 225/G01 F 462,000.00 ZZ
360 461,506.10 1
5.6250 2659.53 68
5.3750 2659.53
XXXXXX XX 00000 1 04/15/04 00
0437843055 03 06/01/04 0.0000
006969987 O 05/01/34
0
9024049 225/G01 F 440,000.00 ZZ
360 439,529.61 1
5.6250 2532.89 44
5.3750 2532.89
MURRELLS INLETSC 29576 5 04/15/04 00
0437843014 03 06/01/04 0.0000
006971357 O 05/01/34
0
9024051 225/G01 F 750,000.00 ZZ
360 749,139.72 1
5.2500 4141.53 47
5.0000 4141.53
XXXXXXXXX XXXXXX 00000 2 04/15/04 00
0437841729 05 06/01/04 0.0000
006973015 O 05/01/34
0
9024053 225/G01 F 500,000.00 ZZ
360 499,439.72 1
5.3750 2799.86 46
5.1250 2799.86
XXXXXXXXXX XX 00000 2 04/19/04 00
0437842883 05 06/01/04 0.0000
006974965 O 05/01/34
0
9024055 225/G01 F 493,000.00 T
360 492,460.38 1
5.5000 2799.20 76
5.2500 2799.20
XXXXXX XXXXX XX 00000 2 04/16/04 00
0437841612 05 06/01/04 0.0000
006975469 O 05/01/34
0
9024057 225/G01 F 453,750.00 ZZ
360 453,217.28 1
5.1250 2470.61 70
4.8750 2470.61
XXXXXXXXX XX 00000 5 04/14/04 00
0437843386 05 06/01/04 0.0000
006976079 O 05/01/34
0
9024059 225/G01 F 442,500.00 ZZ
360 442,004.16 1
5.3750 2477.87 50
5.1250 2477.87
XXXXXXX XX 00000 5 04/14/04 00
0437842016 05 06/01/04 0.0000
006976105 O 05/01/34
0
9024061 225/G01 F 472,000.00 ZZ
360 471,458.60 1
5.2500 2606.40 80
5.0000 2606.40
XXXXXXXXX XX 00000 2 04/13/04 00
0437843287 05 06/01/04 0.0000
006976437 O 05/01/34
0
9024065 225/G01 F 419,500.00 ZZ
360 419,040.84 1
5.5000 2381.87 72
5.2500 2381.87
XXXX XX 00000 2 04/13/04 00
0437842594 03 06/01/04 0.0000
006976762 O 05/01/34
0
9024067 225/G01 F 530,000.00 ZZ
360 529,406.11 1
5.3750 2967.85 74
5.1250 2967.85
XXXXXXXX XX 00000 2 04/16/04 00
0437843147 05 06/01/04 0.0000
006977113 O 05/01/34
0
9024069 225/G01 F 645,000.00 ZZ
360 644,277.25 1
5.3750 3611.81 57
5.1250 3611.81
XXXXXXXX XX 00000 2 04/16/04 00
0437842925 03 06/01/04 0.0000
006977219 O 05/01/34
0
9024071 225/G01 F 603,000.00 ZZ
360 602,324.31 1
5.3750 3376.63 38
5.1250 3376.63
XXXXXXX XX 00000 2 04/15/04 00
0437842222 05 06/01/04 0.0000
006977532 O 05/01/34
0
9024073 225/G01 F 375,200.00 ZZ
360 374,789.33 1
5.5000 2130.34 80
5.2500 2130.34
XXXXXX XX 00000 1 04/16/04 00
0437843584 05 06/01/04 0.0000
006977851 O 05/01/34
0
9024319 225/G01 F 348,000.00 ZZ
360 347,636.67 1
5.7500 2030.83 80
5.5000 2030.83
XXXXXX XXXXXX XX 00000 1 04/23/04 00
0437842396 05 06/01/04 0.0000
006964329 O 05/01/34
0
9024325 225/G01 F 525,000.00 T
360 524,411.71 1
5.3750 2939.85 75
5.1250 2939.85
XXXXXXXXX XX 00000 1 04/19/04 00
0437843063 05 06/01/04 0.0000
006311838 O 05/01/34
0
9024327 225/G01 F 703,000.00 ZZ
360 702,266.02 1
5.7500 4102.52 78
5.5000 4102.52
XXXXXX XX 00000 2 04/21/04 00
0437842982 05 06/01/04 0.0000
006970366 O 05/01/34
0
9024337 225/G01 F 450,000.00 ZZ
360 449,507.45 1
5.5000 2555.05 70
5.2500 2555.05
XXXXXXX XXXXXXXX 00000 5 04/13/04 00
0437843634 03 06/01/04 0.0000
006976608 O 05/01/34
0
9024339 225/G01 F 396,400.00 ZZ
360 395,986.14 1
5.7500 2313.28 68
5.5000 2313.28
XXXXX XXXXXXX XX 00000 1 04/23/04 00
0437843279 05 06/01/04 0.0000
006977756 O 05/01/34
0
9024341 225/G01 F 482,400.00 ZZ
360 481,871.99 1
5.5000 2739.01 80
5.2500 2739.01
XXXXXX XX 00000 1 04/23/04 00
0437842875 05 06/01/04 0.0000
006979925 O 05/01/34
0
9024343 225/G01 F 420,000.00 ZZ
360 419,540.29 1
5.5000 2384.71 80
5.2500 2384.71
XXXXXXXXXXXX XX 00000 1 04/26/04 00
0437842115 05 06/01/04 0.0000
006980772 O 05/01/34
0
9024353 225/G01 F 374,000.00 ZZ
360 373,580.91 1
5.3750 2094.30 62
5.1250 2094.30
XXX XXXXX XX 00000 2 04/15/04 00
0437842644 01 06/01/04 0.0000
007530774 O 05/01/34
0
9024355 225/G01 F 385,000.00 ZZ
360 384,568.59 1
5.3750 2155.89 59
5.1250 2155.89
XXXXXXX XX 00000 5 04/16/04 00
0437843436 05 06/01/04 0.0000
007533269 O 05/01/34
0
9024359 225/G01 F 408,000.00 ZZ
360 407,553.42 1
5.5000 2316.58 55
5.2500 2316.58
XXXXXX XXXX XX 00000 2 04/26/04 00
0437843717 03 06/01/04 0.0000
007534597 O 05/01/34
0
9024371 225/G01 F 397,500.00 ZZ
360 397,075.05 1
5.6250 2288.23 75
5.3750 2288.23
XXXXXXXXXXXX XX 00000 1 04/20/04 00
0437843162 03 06/01/04 0.0000
008887135 O 05/01/34
0
9024693 T09/G01 F 492,600.00 ZZ
360 492,600.00 1
5.5000 2796.93 62
5.2500 2796.93
XXXXXX XX 00000 2 05/06/04 00
0437891351 05 07/01/04 0.0000
2004001869 O 06/01/34
0
9026003 E82/G01 F 450,000.00 ZZ
360 450,000.00 1
5.6250 2590.45 60
5.3750 2590.45
XXXXXXX XX 00000 2 05/10/04 00
0400971297 05 07/01/04 0.0000
0400971297 O 06/01/34
0
9026009 E82/G01 F 341,300.00 ZZ
360 341,300.00 1
5.6250 1964.72 49
5.3750 1964.72
XXXXXXXXXX XXXXX 00000 2 05/10/04 00
0400967550 03 07/01/04 0.0000
0400967550 O 06/01/34
0
9026013 E82/G01 F 137,750.00 ZZ
360 137,750.00 1
6.1250 836.98 95
5.8750 836.98
XXXXXX XX 00000 2 05/13/04 04
0400983680 05 07/01/04 30.0000
0400983680 O 06/01/34
0
9027545 E22/G01 F 112,950.00 ZZ
360 112,950.00 1
5.8750 668.14 78
5.6250 668.14
XXXXX XXXXX XX 00000 2 05/10/04 00
0420625642 05 07/01/04 0.0000
0420625642 O 06/01/34
0
9027761 E22/G01 F 473,000.00 ZZ
360 473,000.00 1
5.7500 2760.30 55
5.5000 2760.30
XXXXXXX XXXX (XX 00000 5 05/06/04 00
0420448037 05 07/01/04 0.0000
0420448037 O 06/01/34
0
9027905 L21/G01 F 500,000.00 ZZ
360 499,452.72 1
5.5000 2838.95 52
5.2500 2838.95
XXX XXXX XX 00000 1 04/30/04 00
0437878853 06 06/01/04 0.0000
3800002171 O 05/01/34
0
9028359 L21/G01 F 451,000.00 ZZ
360 450,506.35 1
5.5000 2560.73 61
5.2500 2560.73
XXXXXX XX 00000 2 04/19/04 00
0437879257 05 06/01/04 0.0000
3800002233 O 05/01/34
0
9028491 L21/G01 F 368,000.00 ZZ
360 367,606.58 1
5.6250 2118.42 80
5.3750 2118.42
XXXXX XX 00000 5 04/29/04 00
0437880677 03 06/01/04 0.0000
2910000588 O 05/01/34
0
9028649 B57/G01 F 550,000.00 ZZ
360 550,000.00 1
5.5000 3122.84 69
5.2500 3122.84
XXX XXXXXXX XX 00000 1 05/03/04 00
0437885320 05 07/01/04 0.0000
21015957 O 06/01/34
0
9029405 E82/G01 F 366,000.00 ZZ
360 366,000.00 1
5.6250 2106.90 61
5.3750 2106.90
XXXXXX XXXX XX 00000 2 05/14/04 00
0400974648 05 07/01/04 0.0000
0400974648 O 06/01/34
0
9029419 E82/G01 F 212,400.00 ZZ
360 212,400.00 1
5.8750 1256.43 82
5.6250 1256.43
XXXXX XXXXX XX 00000 2 05/13/04 04
0400954293 01 07/01/04 12.0000
0400954293 O 06/01/34
0
9029441 E82/G01 F 478,000.00 ZZ
360 478,000.00 1
5.7500 2789.48 80
5.5000 2789.48
XXXXXXXXX XX 00000 2 05/12/04 00
0400971206 05 07/01/04 0.0000
0400971206 O 06/01/34
0
9029863 E22/G01 F 384,953.00 ZZ
360 384,953.00 1
5.7500 2246.48 80
5.5000 2246.48
XXXXXXXX XX 00000 1 05/17/04 00
0420665341 03 07/01/04 0.0000
0420665341 O 06/01/34
0
9030453 E22/G01 F 163,500.00 ZZ
360 163,500.00 1
6.0000 980.27 79
5.7500 980.27
XX. XXXXXXXX XX 00000 2 05/12/04 00
0420281354 05 07/01/04 0.0000
0420281354 O 06/01/34
0
9030541 E22/G01 F 450,000.00 ZZ
360 450,000.00 1
5.8750 2661.92 75
5.6250 2661.92
XXXXXX XX 00000 2 05/10/04 00
0419974365 05 07/01/04 0.0000
0419974365 O 06/01/34
0
9030963 L21/G01 F 440,000.00 ZZ
360 439,506.95 1
5.3750 2463.88 80
5.1250 2463.88
XXXXXXXXXX XXXXX 00000 1 04/29/04 00
0437879901 03 06/01/04 0.0000
13500466 O 05/01/34
0
9031039 Y84/G01 F 382,000.00 ZZ
360 382,000.00 1
5.6250 2199.01 85
5.3750 2199.01
XXXXXX XX 00000 4 05/13/04 01
0437899743 03 07/01/04 25.0000
1001924362 O 06/01/34
0
9031089 L21/G01 F 357,600.00 ZZ
360 357,208.58 1
5.5000 2030.42 79
5.2500 2030.42
XXXXXXXXX XXX XX 00000 1 04/23/04 00
0437879950 05 06/01/04 0.0000
13500162 O 05/01/34
0
9031461 L86/G01 F 632,000.00 ZZ
360 632,000.00 1
5.6250 3638.15 64
5.3750 3638.15
XXX XXXXXXXXX XX 00000 2 05/18/04 00
0437929714 05 07/01/04 0.0000
14501513 O 06/01/34
0
9032055 696/G01 F 375,000.00 T
360 375,000.00 1
5.7500 2188.40 61
5.5000 2188.40
XXXXXXX XX 00000 1 05/17/04 00
0437878820 09 07/01/04 0.0000
32904088 O 06/01/34
0
9035481 E82/G01 F 229,500.00 ZZ
360 229,500.00 1
5.7500 1339.30 28
5.5000 1339.30
XXXXX XX 00000 5 05/17/04 00
0400977757 05 07/01/04 0.0000
0400977757 O 06/01/34
0
9036243 E22/G01 F 237,600.00 ZZ
360 237,600.00 1
5.8750 1405.49 80
5.6250 1405.49
XXXX XXXX XXXXXX 00000 2 05/13/04 00
0420642993 05 07/01/04 0.0000
0420642993 O 06/01/34
0
9037965 E82/G01 F 560,900.00 ZZ
360 560,300.36 1
5.6250 3228.86 61
5.3750 3228.86
XXXXXX XX 00000 2 04/20/04 00
0400972162 05 06/01/04 0.0000
0400972162 O 05/01/34
0
9038735 Q97/G01 F 459,000.00 ZZ
360 459,000.00 1
5.6250 2642.26 77
5.3750 2642.26
XXXXXXXX XX 00000 1 05/14/04 00
0437899040 05 07/01/04 0.0000
16034405 O 06/01/34
0
9038885 X91/X91 F 910,000.00 ZZ
360 910,000.00 1
5.5000 5166.88 65
5.2500 5166.88
XXXXXX XX 00000 5 05/04/04 00
812886 03 07/01/04 0.0000
812886 O 06/01/34
0
9039168 P09/G01 F 189,702.00 ZZ
300 188,534.17 1
5.6250 1179.14 80
5.3750 1179.14
XXXXX XX 00000 2 12/29/03 00
0437301104 03 03/01/04 0.0000
30100211 O 02/01/29
0
9039495 E82/G01 F 389,200.00 ZZ
360 389,200.00 1
5.8750 2302.26 69
5.6250 2302.26
XXXXXXXXX XX 00000 2 05/19/04 00
0400982344 03 07/01/04 0.0000
0400982344 O 06/01/34
0
9040759 E82/G01 F 421,350.00 ZZ
360 421,350.00 1
5.7500 2458.88 75
5.5000 2458.88
XXXXXX XX 00000 2 05/14/04 00
0400976767 05 07/01/04 0.0000
0400976767 O 06/01/34
0
9042391 Y69/G01 F 386,000.00 ZZ
360 385,577.50 1
5.5000 2191.67 57
5.2500 2191.67
XXXXXX XXXXX XX 00000 5 04/12/04 00
0437902653 05 06/01/04 0.0000
1020004062 O 05/01/34
0
9042457 Y69/G01 F 399,900.00 ZZ
360 399,482.48 1
5.7500 2333.71 80
5.5000 2333.71
XXXXXXXX XX 00000 1 04/20/04 00
0437903875 03 06/01/04 0.0000
5010005072 O 05/01/34
0
9042459 Y69/G01 F 780,000.00 ZZ
360 780,000.00 1
5.7500 4551.87 56
5.5000 4551.87
XXXX XXXXXX XX 00000 5 04/29/04 00
0437903917 03 07/01/04 0.0000
1030004501 O 06/01/34
0
9042539 696/G01 F 428,850.00 ZZ
360 428,850.00 1
5.7500 2502.65 80
5.5000 2502.65
XXX XXXX XX 00000 1 05/19/04 00
0437898489 03 07/01/04 0.0000
23304114 O 06/01/34
0
9042773 E82/G01 F 309,000.00 ZZ
360 309,000.00 1
5.6250 1778.78 64
5.3750 1778.78
XXXXX XX 00000 2 05/20/04 00
0400971834 05 07/01/04 0.0000
0400971834 O 06/01/34
0
9042825 E82/G01 F 216,800.00 ZZ
360 216,800.00 1
5.7500 1265.19 53
5.5000 1265.19
XXXXXXXXXXX XX 00000 2 05/17/04 00
0400978128 05 07/01/04 0.0000
0400978128 O 06/01/34
0
9043373 E22/G01 F 720,000.00 ZZ
360 720,000.00 1
5.8750 4259.07 52
5.6250 4259.07
XXXXXXX XXXXX XX 00000 2 05/10/04 00
0420672537 03 07/01/04 0.0000
0420672537 O 06/01/34
0
9045683 253/253 F 336,450.00 ZZ
360 336,450.00 1
6.1250 2044.31 88
5.8750 2044.31
XXXXXXXX XX 00000 4 05/04/04 19
481630 03 07/01/04 25.0000
481630 O 06/01/34
0
9045825 X05/G01 F 374,000.00 ZZ
360 374,000.00 1
5.6250 2152.95 47
5.3750 2152.95
XXX XXXXXX XX 00000 2 05/04/04 00
0437902414 05 07/01/04 0.0000
07403186 O 06/01/34
0
9045869 X05/G01 F 526,000.00 ZZ
360 526,000.00 1
5.7500 3069.59 70
5.5000 3069.59
XXXXXXXXXX XXXXX 00000 2 05/11/04 00
0437936784 05 07/01/04 0.0000
11404203 O 06/01/34
0
9046437 E82/G01 F 155,850.00 ZZ
360 155,850.00 1
5.6250 897.16 75
5.3750 897.16
XXXXXXX XX 00000 2 05/20/04 00
0400970265 05 07/01/04 0.0000
0400970265 O 06/01/34
0
9046503 E82/G01 F 614,200.00 ZZ
360 614,200.00 1
5.7500 3584.30 80
5.5000 3584.30
XXXXXXXXX XX 00000 2 05/19/04 00
0400974838 05 07/01/04 0.0000
0400974838 O 06/01/34
0
9046531 E82/G01 F 359,200.00 ZZ
360 359,200.00 1
5.6250 2067.76 65
5.3750 2067.76
XXXXXXXX XX 00000 2 05/21/04 00
0400970851 05 07/01/04 0.0000
0400970851 O 06/01/34
0
9046541 E82/G01 F 154,000.00 ZZ
360 154,000.00 1
5.7500 898.70 79
5.5000 898.70
XXXXXX XX 00000 2 05/21/04 00
0400972089 05 07/01/04 0.0000
0400972089 O 06/01/34
0
9046893 E22/G01 F 715,000.00 ZZ
360 715,000.00 1
5.6250 4115.94 40
5.3750 4115.94
XXXXXXXX XX 00000 5 05/12/04 00
0420446726 05 07/01/04 0.0000
0420446726 O 06/01/34
0
9054860 E22/G01 F 156,000.00 ZZ
360 155,359.11 1
5.8750 922.80 84
5.6250 922.80
XXXXXXXXX XX 00000 2 01/14/04 01
0419461587 07 03/01/04 12.0000
0419461587 O 02/01/34
0
9056277 L01/G01 F 481,000.00 ZZ
360 481,000.00 1
5.6250 2768.91 64
5.3750 2768.91
XXXXXXX XX 00000 2 05/21/04 00
0437929409 05 07/01/04 0.0000
16233297 O 06/01/34
0
9057079 253/253 F 840,000.00 ZZ
360 840,000.00 1
5.7500 4902.02 65
5.5000 4902.02
XXXX XX 00000 4 05/18/04 00
475430 03 07/01/04 0.0000
475430 O 06/01/34
0
9057225 Y94/G01 F 350,000.00 ZZ
360 350,000.00 1
5.6250 2014.80 66
5.3750 2014.80
XXXXXX XX 00000 5 05/10/04 00
0437945520 05 07/01/04 0.0000
0000010762 O 06/01/34
0
9058329 E22/G01 F 166,500.00 ZZ
360 166,500.00 1
5.8750 984.91 90
5.6250 984.91
XXXXXXXXXXXX XX 00000 2 05/21/04 10
0420360695 05 07/01/04 25.0000
0420360695 O 06/01/34
0
9058369 E22/G01 F 266,000.00 ZZ
360 266,000.00 1
5.6250 1531.25 32
5.3750 1531.25
XXXXXXXXXX XX 00000 2 05/21/04 00
0420468118 05 07/01/04 0.0000
0420468118 O 06/01/34
0
9058975 E82/G01 F 343,000.00 ZZ
360 343,000.00 3
5.6250 1974.50 69
5.3750 1974.50
XXXX XXXXXXXXXXX 00000 2 05/21/04 00
0400967543 05 07/01/04 0.0000
0400967543 O 06/01/34
0
9059059 E82/G01 F 291,350.00 ZZ
360 291,350.00 1
5.8750 1723.45 49
5.6250 1723.45
XXXXXXXXX XX 00000 2 05/21/04 00
0400980843 05 07/01/04 0.0000
0400980843 O 06/01/34
0
9059073 E82/G01 F 454,000.00 ZZ
360 454,000.00 1
5.8750 2685.58 53
5.6250 2685.58
XX XXXXXX-XXXXXX 00000 2 05/20/04 00
0400983441 05 07/01/04 0.0000
0400983441 O 06/01/34
0
9059121 E82/G01 F 281,100.00 ZZ
360 281,100.00 1
5.7500 1640.42 71
5.5000 1640.42
XXXXXXXXX XX 00000 2 05/20/04 00
0400980314 05 07/01/04 0.0000
0400980314 O 06/01/34
0
9059157 E82/G01 F 228,800.00 ZZ
360 228,800.00 1
5.6250 1317.10 46
5.3750 1317.10
XXXXXXXXXX XX 00000 2 05/21/04 00
0400970281 05 07/01/04 0.0000
0400970281 O 06/01/34
0
9059193 E82/G01 F 388,300.00 ZZ
360 388,300.00 1
5.6250 2235.27 62
5.3750 2235.27
BRIARCLIFF MANNY 10510 2 05/24/04 00
0400970125 05 07/01/04 0.0000
0400970125 O 06/01/34
0
9059235 E82/G01 F 245,300.00 ZZ
360 245,300.00 1
5.8750 1451.04 73
5.6250 1451.04
XXXXXXX XX 00000 2 05/20/04 00
0400982435 05 07/01/04 0.0000
0400982435 O 06/01/34
0
9059379 E82/G01 F 323,900.00 ZZ
360 323,900.00 1
5.8750 1915.99 56
5.6250 1915.99
XXXXXX XX 00000 5 05/21/04 00
0400981023 05 07/01/04 0.0000
0400981023 O 06/01/34
0
9059445 E22/G01 F 387,000.00 ZZ
360 387,000.00 1
5.7500 2258.43 73
5.5000 2258.43
XXXXXXXX(XX) XX 00000 2 05/19/04 00
0420492282 03 07/01/04 0.0000
0420492282 O 06/01/34
0
9061685 E82/G01 F 487,500.00 ZZ
360 487,500.00 1
5.8750 2883.75 74
5.6250 2883.75
XXXXXXXXX XX 00000 2 05/26/04 00
0400980801 05 07/01/04 0.0000
0400980801 O 06/01/34
0
9063647 E22/G01 F 323,000.00 ZZ
360 323,000.00 1
5.7500 1884.94 68
5.5000 1884.94
XXXXXXXXXX XXXXX 00000 2 05/21/04 00
0420808578 05 07/01/04 0.0000
0420808578 O 06/01/34
0
9068612 E85/G01 F 250,000.00 ZZ
360 248,824.02 1
5.7500 1458.93 43
5.5000 1458.93
XXXXXX XX 00000 5 01/14/04 00
0437368269 05 03/01/04 0.0000
1008513 O 02/01/34
0
9068709 E22/G01 F 452,000.00 ZZ
360 452,000.00 1
5.8750 2673.75 80
5.6250 2673.75
XXXXXXXXXX XXXXX 00000 1 05/24/04 00
0420705451 05 07/01/04 0.0000
0420705451 O 06/01/34
0
9073531 E22/G01 F 425,000.00 ZZ
360 425,000.00 1
6.1250 2582.34 68
5.8750 2582.34
XXXXXXX XX 00000 1 05/25/04 00
0420818304 03 07/01/04 0.0000
0420818304 O 06/01/34
0
9073533 E22/G01 F 119,000.00 ZZ
360 119,000.00 1
6.2500 732.70 85
6.0000 732.70
XXXXXXX XX 00000 2 05/26/04 10
0420821399 05 07/01/04 12.0000
0420821399 O 06/01/34
0
9074252 E22/G01 F 190,000.00 ZZ
360 189,219.45 1
5.8750 1123.92 74
5.6250 1123.92
XXXXX XXXX XXXXX 00000 5 01/16/04 00
0419637251 05 03/01/04 0.0000
0419637251 O 02/01/34
0
9075601 X91/G01 F 460,000.00 ZZ
360 460,000.00 1
5.7500 2684.44 65
5.5000 2684.44
XXXXXXXX XX 00000 5 05/27/04 00
0437942113 05 07/01/04 0.0000
813454 O 06/01/34
0
9076771 E22/G01 F 371,000.00 ZZ
360 371,000.00 1
5.7500 2165.06 78
5.5000 2165.06
XXXXXXXX XX 00000 2 05/11/04 00
0420704587 05 07/01/04 0.0000
0420704587 O 06/01/34
0
9076848 U81/G01 F 35,000.00 ZZ
360 34,778.10 1
5.7500 204.25 64
5.5000 204.25
XXXXXXXXXX XX 00000 5 11/21/03 00
0437391121 05 01/01/04 0.0000
0000000000 O 12/01/33
0
9078623 W68/G01 F 425,000.00 ZZ
360 425,000.00 1
5.7500 2480.18 76
5.5000 2480.18
XXXXXX XX 00000 1 05/11/04 00
0437941719 05 07/01/04 0.0000
4040907 O 06/01/34
0
9083422 E82/G01 F 303,700.00 ZZ
360 302,809.95 3
6.1250 1845.31 47
5.8750 1845.31
XXXXXX XXXXX XX 00000 2 01/29/04 00
0400933206 09 04/01/04 0.0000
0400933206 O 03/01/34
0
9083771 696/G01 F 471,900.00 ZZ
360 471,900.00 1
5.7500 2753.88 80
5.5000 2753.88
XXXXXXXX XX 00000 1 05/28/04 00
0437940547 03 07/01/04 0.0000
32904047 O 06/01/34
0
9084370 S43/G01 F 222,800.00 ZZ
360 221,884.67 1
5.8750 1317.95 80
5.6250 1317.95
XXXXXXXXXXX XX 00000 1 01/28/04 00
0437413065 03 03/01/04 0.0000
181030073100 O 02/01/34
0
9084453 Y65/G01 F 732,000.00 ZZ
360 732,000.00 1
5.5000 4156.22 64
5.2500 4156.22
XXXXXXX XXX XX 00000 2 05/03/04 00
0437956204 03 07/01/04 0.0000
40149226 O 06/01/34
0
9084479 Y65/G01 F 400,000.00 T
360 400,000.00 1
5.7500 2334.29 68
5.5000 2334.29
XXXXXXXXX XX 00000 1 05/17/04 00
0437957509 03 07/01/04 0.0000
40148849 O 06/01/34
0
9084495 Y65/G01 F 550,000.00 ZZ
360 550,000.00 1
5.7500 3209.65 70
5.5000 3209.65
XXX XXXX XX 00000 2 05/14/04 00
0437956816 05 07/01/04 0.0000
40156583 O 06/01/34
0
9084509 Y65/G01 F 407,960.00 ZZ
360 407,960.00 1
5.7500 2380.74 80
5.5000 2380.74
XXXXXX XXXXXX XX 00000 1 05/05/04 00
0437956436 05 07/01/04 0.0000
40156718 O 06/01/34
0
9084517 Y65/G01 F 641,250.00 ZZ
360 641,250.00 1
5.3750 3590.82 75
5.1250 3590.82
XXXXXXXX XX 00000 1 05/11/04 00
0437956535 05 07/01/04 0.0000
F007538 O 06/01/34
0
9084555 Y65/G01 F 665,000.00 ZZ
360 665,000.00 1
5.7500 3880.76 56
5.5000 3880.76
XXXXXX XX 00000 2 05/14/04 00
0437957780 05 07/01/04 0.0000
40151789 O 06/01/34
0
9084559 Y65/G01 F 950,000.00 ZZ
360 950,000.00 1
5.7500 5543.94 60
5.5000 5543.94
XXXXXX XX 00000 5 05/11/04 00
0437956345 05 07/01/04 0.0000
HS0834 O 06/01/34
0
9084567 Y65/G01 F 646,400.00 ZZ
360 646,400.00 1
5.6250 3721.04 80
5.3750 3721.04
XXXXXXXX XX 00000 1 05/10/04 00
0437956568 05 07/01/04 0.0000
40141400 O 06/01/34
0
9084593 Y65/G01 F 415,000.00 ZZ
360 415,000.00 1
5.5000 2356.32 69
5.2500 2356.32
XXXXXXXX XX 00000 2 05/11/04 00
0437957806 05 07/01/04 0.0000
40147091 O 06/01/34
0
9084655 Y65/G01 F 406,000.00 ZZ
360 406,000.00 1
5.6250 2337.17 47
5.3750 2337.17
XXXXXX XXXXX XXX 00000 2 05/05/04 00
0437956774 05 07/01/04 0.0000
40148786 O 06/01/34
0
9086010 E82/G01 F 284,000.00 ZZ
360 283,127.08 1
5.8750 1679.97 80
5.6250 1679.97
XXXXXXXX XXXXXXX 00000 2 01/28/04 00
0400942421 05 04/01/04 0.0000
0400942421 O 03/01/34
0
9093027 E22/G01 F 449,000.00 ZZ
360 449,000.00 1
5.6250 2584.70 77
5.3750 2584.70
XXXXXXXX XX 00000 2 05/26/04 00
0420454548 05 07/01/04 0.0000
0420454548 O 06/01/34
0
9096049 696/G01 F 564,400.00 ZZ
360 564,400.00 1
5.6250 3249.00 80
5.3750 3249.00
XXXXXXXXXX XX 00000 1 06/02/04 00
0437950967 07 07/01/04 0.0000
32604092 O 06/01/34
0
9096606 E22/G01 F 133,000.00 ZZ
360 132,453.58 1
5.8750 786.75 76
5.6250 786.75
XXXXXXXXX XX 00000 2 01/29/04 00
0419450705 05 03/01/04 0.0000
0419450705 O 02/01/34
0
9098974 E82/G01 F 250,000.00 ZZ
360 249,231.61 1
5.8750 1478.84 69
5.6250 1478.84
XXX XXXXXX XX 00000 5 02/04/04 00
0400947925 03 04/01/04 0.0000
0400947925 O 03/01/34
0
9099600 E82/G01 F 164,650.00 ZZ
360 163,902.20 1
5.8750 973.97 79
5.6250 973.97
XXXXXXX XX 00000 2 01/30/04 00
0400944443 05 04/01/04 0.0000
0400944443 O 03/01/34
0
9099608 E82/G01 F 164,000.00 ZZ
360 163,435.73 1
5.8750 970.12 69
5.6250 970.12
XXX XXXXX XX 00000 5 02/02/04 00
0400945598 03 04/01/04 0.0000
0400945598 O 03/01/34
0
9100072 E22/G01 F 150,100.00 ZZ
360 149,616.34 1
5.6250 864.06 43
5.3750 864.06
XXXXXXXXXX XX 00000 1 02/05/04 00
0419059555 05 04/01/04 0.0000
0419059555 O 03/01/34
0
9107374 E22/G01 F 220,000.00 ZZ
360 218,589.69 1
5.8750 1301.38 68
5.6250 1301.38
XXXXX XX 00000 5 02/04/04 00
0419471271 05 04/01/04 0.0000
0419471271 O 03/01/34
0
9111182 E22/G01 F 80,000.00 ZZ
360 79,754.12 1
5.8750 473.23 80
5.6250 473.23
XXXXXXXXXXX XX 00000 2 02/05/04 00
0419699301 05 04/01/04 0.0000
0419699301 O 03/01/34
0
9121150 E82/G01 F 162,000.00 ZZ
360 160,411.18 1
5.8750 958.29 86
5.6250 958.29
NORTH LITTLE RAR 72116 2 02/10/04 10
0400947909 05 04/01/04 25.0000
0400947909 O 03/01/34
0
9133016 L76/G01 F 212,400.00 ZZ
360 211,747.15 1
5.8750 1256.43 90
5.6250 1256.43
XXXXXXXX XX 00000 2 02/13/04 11
0437491798 05 04/01/04 25.0000
95081980000 O 03/01/34
0
9133194 K15/G01 F 92,700.00 ZZ
360 92,149.81 1
5.7500 540.97 74
5.5000 540.97
XXXXXXXXX XX 00000 5 01/27/04 00
0437501653 05 03/01/04 0.0000
033805527658 O 02/01/34
0
9134728 K15/G01 F 109,500.00 ZZ
360 109,039.42 1
5.7500 639.01 80
5.5000 639.01
XXXXXXXXXXXXXXXX 00000 2 01/27/04 00
0437493216 05 03/01/04 0.0000
00338000552752 O 02/01/34
0
9136572 E21/G01 F 359,000.00 ZZ
360 357,370.04 1
5.7500 2095.03 79
5.5000 2095.03
XXXXXXXXXX XX 00000 2 02/10/04 00
0437502982 05 04/01/04 0.0000
20401232 O 03/01/34
0
9142848 E82/G01 F 282,000.00 ZZ
360 281,133.23 1
5.8750 1668.14 70
5.6250 1668.14
XXXX XXXXXX XX 00000 5 02/17/04 00
0400948899 03 04/01/04 0.0000
0400948899 O 03/01/34
0
9143402 E22/G01 F 291,000.00 ZZ
360 290,105.60 1
5.8750 1721.37 80
5.6250 1721.37
XXXXXXXX XX 00000 2 02/18/04 00
0419750781 07 04/01/04 0.0000
0419750781 O 03/01/34
0
9145050 369/G01 F 335,000.00 ZZ
360 333,234.36 1
5.7500 1954.97 68
5.5000 1954.97
XXXXXXX XX 00000 1 12/31/03 00
0437515331 03 02/01/04 0.0000
77214377 O 01/01/34
0
9151894 E22/G01 F 198,000.00 ZZ
360 197,239.76 1
5.7500 1155.47 73
5.5000 1155.47
XXXXXX XX 00000 2 02/20/04 00
0419928437 05 04/01/04 0.0000
0419928437 O 03/01/34
0
9159780 E82/G01 F 270,000.00 ZZ
360 269,434.85 2
5.7500 1575.65 47
5.5000 1575.65
XXX XXXXXXXXX XX 00000 2 02/25/04 00
0400952784 05 05/01/04 0.0000
0400952784 O 04/01/34
0
9159788 E82/G01 F 320,000.00 ZZ
360 319,144.92 1
5.8750 1892.92 55
5.6250 1892.92
XXXXXXXX XX 00000 5 02/25/04 00
0400950119 03 05/01/04 0.0000
0400950119 O 04/01/34
0
9163434 P44/G01 F 200,000.00 ZZ
360 199,385.27 1
5.8750 1183.08 57
5.6250 1183.08
XXXXXXXX XX 00000 5 02/24/04 00
0437537814 05 04/01/04 0.0000
RR-20040187 O 03/01/34
0
9180006 L49/G01 F 360,000.00 ZZ
360 358,866.98 1
5.7500 2100.87 67
5.5000 2100.87
XXXXXX XXXXXXXXX 00000 1 02/19/04 00
0437542681 05 04/01/04 0.0000
10016988 O 03/01/34
0
9181026 M45/G01 F 400,000.00 ZZ
360 398,741.09 1
5.7500 2334.30 45
5.5000 2334.30
UNIVERSITY PARTX 75205 1 02/05/04 00
0437545361 05 04/01/04 0.0000
A0616845 O 03/01/34
0
9190902 Q87/G01 F 77,500.00 ZZ
360 77,244.34 1
5.5000 440.04 60
5.2500 440.04
XXXXXXXX XX 00000 5 03/05/04 00
0437574411 05 04/10/04 0.0000
BUJA02 O 03/10/34
0
9192942 E22/G01 F 124,500.00 ZZ
360 124,245.52 1
5.8750 736.46 75
5.6250 736.46
XXXXXX XX 00000 1 03/04/04 00
0419969787 05 05/01/04 0.0000
0419969787 O 04/01/34
0
9193006 E22/G01 F 70,000.00 ZZ
360 69,849.98 1
5.6250 402.96 56
5.3750 402.96
XXXXXXX XX 00000 1 03/04/04 00
0419899919 03 05/01/04 0.0000
0419899919 O 04/01/34
0
9199578 E22/G01 F 214,500.00 ZZ
360 214,040.30 1
5.6250 1234.78 65
5.3750 1234.78
XXXX XX 00000 5 03/04/04 00
0420133365 05 05/01/04 0.0000
0420133365 O 04/01/34
0
9201906 E22/G01 F 290,000.00 ZZ
360 289,392.99 1
5.7500 1692.36 56
5.5000 1692.36
XXXXX XXXX XX 00000 5 03/09/04 00
0420066862 05 05/01/04 0.0000
0420066862 O 04/01/34
0
9202010 E22/G01 F 200,000.00 ZZ
360 199,571.38 1
5.6250 1151.31 42
5.3750 1151.31
XXXXXXXXX XX 00000 5 03/11/04 00
0420107740 05 05/01/04 0.0000
0420107740 O 04/01/34
0
9203700 T29/G01 F 34,000.00 ZZ
360 33,930.51 1
5.8750 201.12 20
5.6250 201.12
XXXXXXXXXX XX 00000 1 03/10/04 00
0437636640 03 05/01/04 0.0000
1597688 O 04/01/34
0
9204460 E22/G01 F 166,400.00 ZZ
360 166,051.69 1
5.7500 971.07 80
5.5000 971.07
XXXXX XX 00000 1 03/17/04 00
0419935705 05 05/01/04 0.0000
0419935705 O 04/01/34
0
9204576 E22/G01 F 204,100.00 ZZ
360 203,652.17 1
5.5000 1158.86 61
5.2500 1158.86
XXXXXXXXXXX XX 00000 5 03/03/04 00
0420008211 05 05/01/04 0.0000
0420008211 O 04/01/34
0
9208302 956/G01 F 340,000.00 ZZ
360 339,288.34 1
5.7500 1984.15 57
5.5000 1984.15
XXXXX XX 00000 5 03/05/04 00
0437660301 05 05/01/04 0.0000
4514020033 O 04/01/34
0
9209188 956/G01 F 367,000.00 ZZ
360 366,231.83 1
5.7500 2141.71 71
5.5000 2141.71
XX XXXXXXX XX 00000 2 03/03/04 00
0437660640 05 05/01/04 0.0000
714020162 O 04/01/34
0
9209210 956/G01 F 415,000.00 ZZ
360 410,962.65 1
5.7500 2421.83 79
5.5000 2421.83
XXXXXXX XXXX XX 00000 2 03/09/04 00
0437660756 05 05/01/04 0.0000
814030026 O 04/01/34
0
9209226 956/G01 F 391,500.00 ZZ
360 389,484.98 1
5.6250 2253.69 66
5.3750 2253.69
XX XXXXXXXXX XX 00000 2 02/12/04 00
0437658958 05 04/01/04 0.0000
1114020208 O 03/01/34
0
9209232 956/G01 F 322,700.00 ZZ
360 321,781.34 1
5.3750 1807.03 48
5.1250 1807.03
XXXX XXXXXX XX 00000 5 03/03/04 00
0437660814 03 05/01/04 0.0000
0000000000 O 04/01/34
0
9210482 E22/G01 F 208,000.00 ZZ
360 207,554.22 1
5.6250 1197.37 39
5.3750 1197.37
XXXXXX XXXX XX 00000 2 03/09/04 00
0420153520 05 05/01/04 0.0000
0420153520 O 04/01/34
0
9210706 E22/G01 F 150,001.00 ZZ
360 149,470.30 1
5.5000 851.69 64
5.2500 851.69
XXXXXXXXX XX 00000 5 03/08/04 00
0419872437 05 05/01/04 0.0000
0419872437 O 04/01/34
0
9212886 E82/G01 F 332,450.00 ZZ
360 331,670.30 1
5.6250 1913.77 88
5.3750 1913.77
XXXXXXXXX XX 00000 5 03/15/04 04
0400957692 05 05/01/04 25.0000
0400957692 O 04/01/34
0
9221506 E22/G01 F 130,000.00 ZZ
360 129,727.91 1
5.7500 758.64 60
5.5000 758.64
XXXXXXXXX XX 00000 5 03/17/04 00
0420006827 05 05/01/04 0.0000
0420006827 O 04/01/34
0
9228214 X89/G01 F 417,000.00 ZZ
360 416,060.35 1
5.7500 2433.50 62
5.5000 2433.50
XXXXXXXX XX 00000 5 03/18/04 00
0437649239 05 05/01/04 0.0000
2036773 O 04/01/34
0
9245970 696/G01 F 636,250.00 ZZ
360 634,918.25 1
5.7500 3712.98 58
5.5000 3712.98
XXXXXXXXXX XX 00000 2 03/22/04 00
0437645831 05 05/01/04 0.0000
25604032 O 04/01/34
0
9250334 E22/G01 F 200,000.00 ZZ
360 199,470.91 1
5.6250 1151.31 56
5.3750 1151.31
XXXX XXXXX XX 00000 5 03/23/04 00
0420081655 05 05/01/04 0.0000
0420081655 O 04/01/34
0
9251056 N47/G01 F 551,200.00 ZZ
360 550,018.70 1
5.6250 3173.02 80
5.3750 3173.02
XXX XXXXXXX XX 00000 1 03/19/04 00
0437658636 05 05/01/04 0.0000
30510798 O 04/01/34
0
9252940 E22/G01 F 88,500.00 ZZ
360 88,229.27 1
5.7500 516.46 70
5.5000 516.46
XXXXXX XX 00000 2 03/25/04 00
0420217408 05 05/01/04 0.0000
0420217408 O 04/01/34
0
9254584 E22/G01 F 305,000.00 ZZ
360 304,301.89 1
5.6250 1755.75 46
5.3750 1755.75
XXX XXXXXXXXX XX 00000 2 03/24/04 00
0418067179 05 05/01/04 0.0000
0418067179 O 04/01/34
0
9255864 B65/G01 F 392,800.00 ZZ
360 391,958.17 1
5.6250 2261.18 66
5.3750 2261.18
XXXXXXXXXXX XX 00000 2 03/31/04 00
0437651227 05 05/01/04 0.0000
846398 O 04/01/34
0
9257232 E22/G01 F 396,000.00 ZZ
360 395,171.12 1
5.7500 2310.95 80
5.5000 2310.95
XXXXX XX 00000 2 03/25/04 00
0420133670 03 05/01/04 0.0000
0420133670 O 04/01/34
0
9259700 Y65/G01 F 483,000.00 ZZ
360 481,989.02 1
5.7500 2818.66 54
5.5000 2818.66
XXXXXXX XXX XX 00000 5 03/10/04 00
0437675895 05 05/01/04 0.0000
40134730 O 04/01/34
0
9259780 Y65/G01 F 495,000.00 ZZ
360 493,963.90 1
5.7500 2888.69 55
5.5000 2888.69
XXXXXX XXXXXXXXX 00000 5 03/10/04 00
0437684178 05 05/01/04 0.0000
40135187 O 04/01/34
0
9259844 Y65/G01 F 358,000.00 ZZ
360 357,250.67 1
5.7500 2089.19 68
5.5000 2089.19
XXXXXXXXXX XX 00000 1 03/01/04 00
0437686751 05 05/01/04 0.0000
40127466 O 04/01/34
0
9259916 Y65/G01 F 360,000.00 ZZ
360 359,246.48 1
5.7500 2100.86 71
5.5000 2100.86
XXX XXXX XX 00000 2 03/05/04 00
0437685571 05 05/01/04 0.0000
40133854 O 04/01/34
0
9260086 Y65/G01 F 752,000.00 ZZ
360 750,388.35 1
5.6250 4328.94 24
5.3750 4328.94
XXXXXXXX XX 00000 2 03/10/04 00
0437687742 05 05/01/04 0.0000
40120135 O 04/01/34
0
9260848 H58/G01 F 198,000.00 ZZ
360 197,555.28 1
5.3750 1108.74 44
5.1250 1108.74
XXXXXXXX XX 00000 5 03/19/04 00
0437684277 05 05/01/04 0.0000
0000220051 O 04/01/34
0
9261874 E82/G01 F 412,500.00 ZZ
360 412,059.01 1
5.6250 2374.58 70
5.3750 2374.58
XXXXXXXXXXX XX 00000 2 03/29/04 00
0400967469 03 06/01/04 0.0000
0400967469 O 05/01/34
0
9262666 E22/G01 F 193,700.00 ZZ
360 193,294.57 1
5.7500 1130.38 36
5.5000 1130.38
XXXXX XX XX 00000 2 03/29/04 00
0420171571 05 05/01/04 0.0000
0420171571 O 04/01/34
0
9262926 E22/G01 F 215,640.00 ZZ
360 215,139.26 1
5.6250 1241.35 79
5.3750 1241.35
XXXXXXXXX XX 00000 1 04/02/04 00
0419824339 05 05/01/04 0.0000
0419824339 O 04/01/34
0
9263376 K31/G01 F 426,000.00 ZZ
360 425,108.33 1
5.7500 2486.02 80
5.5000 2486.02
XXXXXXX XX 00000 1 03/31/04 00
0437685811 05 05/01/04 0.0000
842163 O 04/01/34
0
9265314 E22/G01 F 330,000.00 ZZ
360 329,309.27 1
5.7500 1925.79 48
5.5000 1925.79
XXXXX XX 00000 2 03/29/04 00
0420171555 05 05/01/04 0.0000
0420171555 O 04/01/34
0
9266430 Y21/G01 F 730,000.00 ZZ
360 728,507.81 1
5.8750 4318.23 55
5.6250 4318.23
XXX XXXXXX XX 00000 5 03/15/04 00
0437678824 05 05/01/04 0.0000
204124573 O 04/01/34
0
9267508 H58/G01 F 501,000.00 ZZ
360 499,926.29 1
5.6250 2884.04 57
5.3750 2884.04
XXX XXXXX XX 00000 2 03/11/04 00
0437693948 05 05/01/04 0.0000
216892 O 04/01/34
0
9269362 E22/G01 F 150,000.00 ZZ
360 149,686.03 1
5.7500 875.36 49
5.5000 875.36
XXXXXXXXXXX XX 00000 5 04/01/04 00
0420247660 05 05/01/04 0.0000
0420247660 O 04/01/34
0
9269434 E22/G01 F 453,000.00 ZZ
360 452,515.72 1
5.6250 2607.72 69
5.3750 2607.72
XXX XXXXXX XX 00000 2 03/29/04 00
0420217705 09 06/01/04 0.0000
0420217705 O 05/01/34
0
9269564 E22/G01 F 145,000.00 ZZ
360 144,681.86 1
5.5000 823.29 71
5.2500 823.29
XXXXXXX XX 00000 2 03/30/04 00
0420058455 05 05/01/04 0.0000
0420058455 O 04/01/34
0
9271570 E82/G01 F 413,400.00 ZZ
360 412,968.39 1
5.7500 2412.49 80
5.5000 2412.49
XXXXXXXXX XX 00000 2 04/02/04 00
0400967709 05 06/01/04 0.0000
0400967709 O 05/01/34
0
9274782 E82/G01 F 364,800.00 ZZ
360 364,419.13 1
5.7500 2128.87 67
5.5000 2128.87
XXXXXXXX XX 00000 2 04/02/04 00
0400970133 03 06/01/04 0.0000
0400970133 O 05/01/34
0
9275000 E22/G01 F 453,250.00 ZZ
360 452,765.45 1
5.6250 2609.16 80
5.3750 2609.16
XXXXXX XX 00000 1 03/29/04 00
0420286841 09 06/01/04 0.0000
0420286841 O 05/01/34
0
9275048 E22/G01 F 399,950.00 ZZ
360 399,092.85 1
5.6250 2302.34 73
5.3750 2302.34
XXX XXXXXXXXX XX 00000 2 03/23/04 00
0420303273 05 05/01/04 0.0000
0420303273 O 04/01/34
0
9275254 253/253 F 560,000.00 ZZ
360 558,827.84 1
5.7500 3268.01 80
5.5000 3268.01
XXXXXXXX XX 00000 2 03/26/04 00
344841 05 05/01/04 0.0000
344841 O 04/01/34
0
9275928 313/G01 F 410,000.00 ZZ
360 409,571.93 1
5.7500 2392.65 79
5.5000 2392.65
XXXXXXX XX 00000 1 04/01/04 00
0437720329 03 06/01/04 0.0000
0010105385 O 05/01/34
0
9279104 E22/G01 F 406,535.00 ZZ
360 405,440.63 1
5.6250 2340.24 62
5.3750 2340.24
XX XXXXXX XXXXXX 00000 2 03/30/04 00
0419959770 03 06/01/04 0.0000
0419959770 O 05/01/34
0
9279240 E22/G01 F 213,000.00 ZZ
360 212,772.29 1
5.6250 1226.15 69
5.3750 1226.15
COVINA XX 00000 2 04/02/04 00
0420361347 05 06/01/04 0.0000
0420361347 O 05/01/34
0
9279788 E22/G01 F 195,000.00 ZZ
240 194,558.88 1
5.6250 1355.18 58
5.3750 1355.18
XXXXXXX XX 00000 2 04/05/04 00
0420269532 05 06/01/04 0.0000
0420269532 O 05/01/24
0
9281994 E33/G01 F 443,000.00 ZZ
360 443,000.00 1
5.6250 2550.16 80
5.3750 2550.16
XXXX XX 00000 1 05/10/04 00
0437834054 05 07/01/04 0.0000
75728 O 06/01/34
0
9284526 Y94/G01 F 373,500.00 ZZ
360 372,699.53 1
5.6250 2150.08 49
5.3750 2150.08
XXXXXXXXX XX 00000 2 03/25/04 00
0437718109 05 05/01/04 0.0000
0000010124 O 04/01/34
0
9284916 Y94/G01 F 399,900.00 ZZ
360 399,462.28 1
5.5000 2270.59 50
5.2500 2270.59
XXXXXXXXXX XX 00000 2 03/29/04 00
0437709595 05 06/01/04 0.0000
0000010192 O 05/01/34
0
9434970 E23/G01 F 412,800.00 ZZ
360 412,369.01 1
5.7500 2408.99 80
5.5000 2408.99
XXXXXXX XX 00000 1 04/06/04 00
0437902950 01 06/01/04 0.0000
51042317 O 05/01/34
0
9435990 E23/G01 F 385,000.00 ZZ
360 384,588.41 1
5.6250 2216.28 66
5.3750 2216.28
XXXXXX XX 00000 2 04/05/04 00
0437773062 05 06/01/04 0.0000
51042616 O 05/01/34
0
9436776 N16/G01 F 715,000.00 ZZ
360 713,538.47 1
5.8750 4229.50 65
5.6250 4229.50
XXXXX XXXXXX XX 00000 5 04/16/04 00
0437776248 05 05/26/04 0.0000
570586408 O 04/26/34
0
9437628 E23/G01 F 377,000.00 ZZ
360 376,596.97 1
5.6250 2170.22 69
5.3750 2170.22
XXXXXX XX 00000 1 04/02/04 00
0437785777 05 06/01/04 0.0000
62012525 O 05/01/34
0
9438340 E23/G01 F 603,750.00 ZZ
360 603,104.55 1
5.6250 3475.53 75
5.3750 3475.53
XXXXXXXXXX XXXXX 00000 2 04/22/04 00
0437792013 01 06/01/04 0.0000
51042493 O 05/01/34
0
9439108 E23/G01 F 380,000.00 ZZ
360 379,593.76 1
5.6250 2187.49 72
5.3750 2187.49
XXX XXXXX XX 00000 2 04/09/04 00
0437795610 01 06/01/04 0.0000
11027170 O 05/01/34
0
9439312 E23/G01 F 261,000.00 ZZ
360 260,727.50 1
5.7500 1523.13 70
5.5000 1523.13
XXXXXXXX XX 00000 2 04/07/04 00
0437870835 05 06/01/04 0.0000
63004112 O 05/01/34
0
9439474 E23/G01 F 364,500.00 ZZ
360 364,128.37 1
5.8750 2156.16 75
5.6250 2156.16
XXXXXX XXXXXX XX 00000 1 04/09/04 00
0437817547 05 06/01/04 0.0000
63004152 O 05/01/34
0
9439670 E23/G01 F 384,000.00 ZZ
360 383,589.48 1
5.6250 2210.52 80
5.3750 2210.52
XXXXXXX XX 00000 1 04/08/04 00
0437817265 05 06/01/04 0.0000
51042894 O 05/01/34
0
9442440 E23/G01 F 365,000.00 ZZ
360 365,000.00 1
5.6250 2101.15 64
5.3750 2101.15
XXXXXXXX XX 00000 5 05/04/04 00
0437872153 05 07/01/04 0.0000
91001583 O 06/01/34
0
9443616 E23/G01 F 395,000.00 ZZ
360 395,000.00 1
5.8750 2336.57 67
5.6250 2336.57
XXXXX XXXX XX 00000 1 05/10/04 00
0437914260 05 07/01/04 0.0000
63004428 O 06/01/34
0
9443756 E23/G01 F 380,000.00 ZZ
360 380,000.00 1
5.7500 2217.58 58
5.5000 2217.58
XXX XXXX XX 00000 5 05/07/04 00
0437899081 05 07/01/04 0.0000
64004478 O 06/01/34
0
9444312 E23/G01 F 342,000.00 ZZ
360 342,000.00 1
5.6250 1968.74 74
5.3750 1968.74
XXXXXXX XX 00000 2 05/07/04 00
0437918667 05 07/01/04 0.0000
63004447 O 06/01/34
0
9444366 E23/G01 F 450,000.00 ZZ
360 450,000.00 1
5.7500 2626.08 52
5.5000 2626.08
XXXXXXXXXXX XX 00000 1 05/07/04 00
0437922172 05 07/01/04 0.0000
63004357 O 06/01/34
0
9449904 E23/G01 F 295,000.00 ZZ
360 295,000.00 1
5.8750 1745.04 75
5.6250 1745.04
XXXXXXXX XX 00000 2 05/25/04 00
0437927585 03 07/01/04 0.0000
63004584 O 06/01/34
0
9450258 E23/G01 F 364,000.00 ZZ
360 364,000.00 1
5.8750 2153.20 73
5.6250 2153.20
XXX XXXX XX 00000 2 05/26/04 00
0437955461 05 07/01/04 0.0000
63004596 O 06/01/34
0
Total Number of Loans 469
Total Original Balance 196,728,146.00
Total Principal Balance 196,429,039.07
Total Original P+I 1,135,182.99
Total Current P+I 1,135,182.99
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
8263101 0.2500
372387.36 0.0800
6.7500 0.0000
6.5000 0.0000
6.4200
5.2500 1.1700
8446422 0.2500
421683.46 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8578021 0.2500
367038.88 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8900873 0.2500
61745.30 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8910399 0.2500
224075.65 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8916353 0.2500
345907.91 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8921511 0.2500
366184.81 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8931053 0.2500
374599.10 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8934001 0.2500
482483.64 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8934425 0.2500
318159.50 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8941089 0.2500
712505.51 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941093 0.2500
375155.47 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8941103 0.2500
439079.02 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941119 0.2500
477498.43 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941121 0.2500
445066.47 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941125 0.2500
709546.67 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8941159 0.2500
652231.93 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941163 0.2500
468593.59 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8941167 0.2500
369207.04 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8941171 0.2500
543804.20 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941189 0.2500
459037.16 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941207 0.2500
512420.13 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8941217 0.2500
374844.29 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8941239 0.2500
623350.96 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8941241 0.2500
418656.83 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8941245 0.2500
645684.08 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8941247 0.2500
415587.50 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
8941261 0.2500
616111.23 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941263 0.2500
443971.40 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941275 0.2500
399162.76 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941277 0.2500
459014.15 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8941321 0.2500
439011.71 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8941327 0.2500
396029.15 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941335 0.2500
439079.02 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8941337 0.2500
451031.26 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8941347 0.2500
746358.79 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8941349 0.2500
884115.80 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8942045 0.2500
468486.65 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8942099 0.2500
572372.82 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8942613 0.2500
362203.54 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8942781 0.2500
430031.92 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8942871 0.2500
646308.31 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8943123 0.2500
746358.79 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8943575 0.2500
357608.15 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8943659 0.2500
537345.92 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8944533 0.2500
395087.07 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8944813 0.2500
311166.99 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8945255 0.2500
332984.83 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8945371 0.2500
415255.58 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8948079 0.2500
560757.86 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8948245 0.2500
382091.08 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8948711 0.2500
456499.78 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8948853 0.2500
389144.28 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8948879 0.2500
370703.27 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8949109 0.2500
506885.37 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8951905 0.2500
374608.48 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8952081 0.2500
399592.18 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8953469 0.2500
496468.68 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8953869 0.2500
485192.90 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8954155 0.2500
403154.38 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8954611 0.2500
563368.01 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8955559 0.2500
333351.60 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8956123 0.2500
420017.29 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8956139 0.2500
396076.11 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8956269 0.2500
337543.11 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8956309 0.2500
396149.17 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8956311 0.2500
399571.38 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8956461 0.2500
382590.55 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8956523 0.2500
535127.30 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8956847 0.2500
515196.30 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8958729 0.2500
609332.32 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8959359 0.2500
403113.21 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8959399 0.2500
589354.21 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8960415 0.2500
576928.18 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8960593 0.2500
699251.66 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961409 0.2500
411559.54 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961445 0.2500
567702.74 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961455 0.2500
478995.30 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8961457 0.2500
498928.43 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961463 0.2500
399162.76 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8961471 0.2500
653562.84 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961483 0.2500
375588.44 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961485 0.2500
539613.42 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961489 0.2500
411765.63 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961499 0.2500
968017.23 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8961501 0.2500
598489.37 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961503 0.2500
399101.57 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8961507 0.2500
745360.99 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961511 0.2500
638628.39 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961513 0.2500
618760.60 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961515 0.2500
526841.49 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961519 0.2500
363201.34 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961521 0.2500
581750.54 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961529 0.2500
528365.21 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961531 0.2500
454851.83 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
8961545 0.2500
415129.26 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8961559 0.2500
449012.64 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961567 0.2500
522903.20 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8961571 0.2500
341267.06 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961621 0.2500
748392.66 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961739 0.2500
467011.89 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8961803 0.2500
396393.29 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961807 0.2500
419550.99 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8961843 0.2500
598319.24 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
8961847 0.2500
579350.09 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8961923 0.2500
373302.42 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8961945 0.2500
365196.94 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8962821 0.2500
397874.19 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8962829 0.2500
373600.18 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8962859 0.2500
356926.95 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8962931 0.2500
384588.41 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8964653 0.2500
751214.86 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8964931 0.2500
297581.53 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8964983 0.2500
386396.16 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8965261 0.2500
629294.06 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8966723 0.2500
398924.34 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8969379 0.2500
487490.49 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8971421 0.2500
411559.54 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8971967 0.2500
391590.72 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8972057 0.2500
411559.54 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8973641 0.2500
328639.89 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8973669 0.2500
357824.98 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8973721 0.2500
531431.26 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8974361 0.2500
569890.10 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8974639 0.2500
399532.43 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8974673 0.2500
643295.11 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8974961 0.2500
433091.57 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8975185 0.2500
427531.53 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8976137 0.2500
481479.89 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8976199 0.2500
424089.17 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8976203 0.2500
781164.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8976359 0.2500
428530.44 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8976399 0.2500
382809.31 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8976441 0.2500
369604.45 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8976655 0.2500
447021.60 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8976669 0.2500
385587.35 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8977433 0.2500
998925.88 0.0800
5.6000 0.0000
5.3500 0.0000
5.2700
5.2500 0.0200
8979409 0.2500
387585.20 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8980899 0.2500
649288.54 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8981281 0.2500
393568.74 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8981321 0.2500
606335.60 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8981711 0.2500
649321.36 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8982167 0.2500
352223.05 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8982609 0.2500
418771.60 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8983559 0.2500
533015.95 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8983801 0.2500
347900.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8983809 0.2500
923400.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8983825 0.2500
340300.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8983847 0.2500
251800.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8983851 0.2500
129200.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8983855 0.2500
181905.32 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8984259 0.2500
395596.26 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
8984817 0.2500
349607.81 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
8986347 0.2500
399482.48 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8986997 0.2500
449518.93 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8988455 0.2500
608000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8988513 0.2500
205800.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8989367 0.2500
369595.01 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8989457 0.2500
779146.25 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8992847 0.2500
265500.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8993127 0.2500
615356.86 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8993367 0.2500
548413.09 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8993439 0.2500
155027.50 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8993801 0.2500
540435.16 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8995421 0.2500
479474.61 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
8995457 0.2500
649305.11 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8995817 0.2500
201500.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8995821 0.2500
244100.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8995825 0.2500
366400.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8995829 0.2500
241800.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8995835 0.2500
236200.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8996093 0.2500
378594.82 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8996669 0.2500
998930.94 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8996695 0.2500
379603.25 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8997117 0.2500
395576.65 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8997175 0.2500
424256.58 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8998897 0.2500
469000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
8998899 0.2500
559500.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
8998913 0.2500
346600.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9000727 0.2500
221662.78 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002137 0.2500
382580.78 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002141 0.2500
421538.10 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002147 0.2500
333343.25 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002149 0.2500
384598.03 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9002159 0.2500
357617.28 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002221 0.2500
434501.04 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9002247 0.2500
544253.63 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002255 0.2500
439529.61 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002259 0.2500
471016.20 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002269 0.2500
299728.79 0.0800
6.5000 0.0000
6.2500 0.0000
6.1700
5.2500 0.9200
9002287 0.2500
496468.67 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002299 0.2500
391580.92 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002319 0.2500
471483.36 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002329 0.2500
484493.63 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9002415 0.2500
449518.92 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002435 0.2500
449518.92 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002439 0.2500
636802.21 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002443 0.2500
424534.81 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002455 0.2500
377595.89 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002459 0.2500
474480.08 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9002467 0.2500
476490.05 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9002475 0.2500
578366.25 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9003095 0.2500
559401.32 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9003149 0.2500
208000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.2500 0.4200
9003333 0.2500
639315.80 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9003499 0.2500
411559.55 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9003561 0.2500
500451.63 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9003643 0.2500
649305.11 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9003669 0.2500
403568.10 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9007821 0.2500
375700.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9007827 0.2500
446244.57 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9007843 0.2500
255600.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9007879 0.2500
323200.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9007889 0.2500
335000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9007903 0.2500
304500.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9009049 0.2500
500000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9010227 0.2500
409571.93 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9010645 0.2500
356000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9010681 0.2500
649337.29 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9011107 0.2500
508000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9012087 0.2500
107500.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9012171 0.2500
351000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9012175 0.2500
334700.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9012303 0.2500
357635.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9012411 0.2500
474492.19 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9012527 0.2500
439440.71 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9012821 0.2500
349616.90 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9013161 0.2500
495469.74 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9013557 0.2500
349625.83 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9013869 0.2500
570000.00 0.0800
5.7000 0.0000
5.4500 0.0000
5.3700
5.2500 0.1200
9015333 0.2500
605000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9015839 0.2500
524451.87 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9015843 0.2500
349625.83 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9015887 0.2500
348560.88 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9015925 0.2500
383599.08 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9016013 0.2500
353621.55 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9016131 0.2500
462589.70 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9016165 0.2500
449035.58 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9016203 0.2500
376306.70 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9016209 0.2500
613343.60 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9016213 0.2500
399562.17 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9017091 0.2500
331700.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9017097 0.2500
393600.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9017123 0.2500
313500.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9017131 0.2500
215400.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9017133 0.2500
384000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9017151 0.2500
347500.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9017163 0.2500
235700.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9017167 0.2500
370000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9018067 0.2500
250000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9019525 0.2500
739208.89 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9019721 0.2500
599000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9021725 0.2500
223200.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9021747 0.2500
340000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9022771 0.2500
348000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9023887 0.2500
425900.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9023973 0.2500
404567.03 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9023977 0.2500
510440.67 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9023979 0.2500
524411.71 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9023983 0.2500
554392.52 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9023985 0.2500
374589.54 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9023991 0.2500
384558.39 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9023993 0.2500
449483.83 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9023995 0.2500
549369.12 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9023997 0.2500
359587.06 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9024001 0.2500
438930.26 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9024011 0.2500
463480.06 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024017 0.2500
520534.20 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024047 0.2500
461506.10 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9024049 0.2500
439529.61 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9024051 0.2500
749139.72 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9024053 0.2500
499439.72 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024055 0.2500
492460.38 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024057 0.2500
453217.28 0.0300
5.1250 0.0000
4.8750 0.0000
4.8450
4.8450 0.0000
9024059 0.2500
442004.16 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024061 0.2500
471458.60 0.0300
5.2500 0.0000
5.0000 0.0000
4.9700
4.9700 0.0000
9024065 0.2500
419040.84 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024067 0.2500
529406.11 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024069 0.2500
644277.25 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024071 0.2500
602324.31 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024073 0.2500
374789.33 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024319 0.2500
347636.67 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9024325 0.2500
524411.71 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024327 0.2500
702266.02 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9024337 0.2500
449507.45 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024339 0.2500
395986.14 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9024341 0.2500
481871.99 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024343 0.2500
419540.29 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024353 0.2500
373580.91 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024355 0.2500
384568.59 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9024359 0.2500
407553.42 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9024371 0.2500
397075.05 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9024693 0.2500
492600.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9026003 0.2500
450000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9026009 0.2500
341300.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9026013 0.2500
137750.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9027545 0.2500
112950.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9027761 0.2500
473000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9027905 0.2500
499452.72 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9028359 0.2500
450506.35 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9028491 0.2500
367606.58 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9028649 0.2500
550000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9029405 0.2500
366000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9029419 0.2500
212400.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9029441 0.2500
478000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9029863 0.2500
384953.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9030453 0.2500
163500.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
5.2500 0.4200
9030541 0.2500
450000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9030963 0.2500
439506.95 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9031039 0.2500
382000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9031089 0.2500
357208.58 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9031461 0.2500
632000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9032055 0.2500
375000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9035481 0.2500
229500.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9036243 0.2500
237600.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9037965 0.2500
560300.36 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9038735 0.2500
459000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9038885 0.2500
910000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9039168 0.2500
188534.17 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9039495 0.2500
389200.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9040759 0.2500
421350.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9042391 0.2500
385577.50 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9042457 0.2500
399482.48 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9042459 0.2500
780000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9042539 0.2500
428850.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9042773 0.2500
309000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9042825 0.2500
216800.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9043373 0.2500
720000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9045683 0.2500
336450.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9045825 0.2500
374000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9045869 0.2500
526000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9046437 0.2500
155850.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9046503 0.2500
614200.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9046531 0.2500
359200.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9046541 0.2500
154000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9046893 0.2500
715000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9054860 0.2500
155359.11 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9056277 0.2500
481000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9057079 0.2500
840000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9057225 0.2500
350000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9058329 0.2500
166500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9058369 0.2500
266000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9058975 0.2500
343000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9059059 0.2500
291350.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9059073 0.2500
454000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9059121 0.2500
281100.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9059157 0.2500
228800.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9059193 0.2500
388300.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9059235 0.2500
245300.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9059379 0.2500
323900.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9059445 0.2500
387000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9061685 0.2500
487500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9063647 0.2500
323000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9068612 0.2500
248824.02 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9068709 0.2500
452000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9073531 0.2500
425000.00 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9073533 0.2500
119000.00 0.0800
6.2500 0.0000
6.0000 0.0000
5.9200
5.2500 0.6700
9074252 0.2500
189219.45 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9075601 0.2500
460000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9076771 0.2500
371000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9076848 0.2500
34778.10 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9078623 0.2500
425000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9083422 0.2500
302809.95 0.0800
6.1250 0.0000
5.8750 0.0000
5.7950
5.2500 0.5450
9083771 0.2500
471900.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084370 0.2500
221884.67 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9084453 0.2500
732000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9084479 0.2500
400000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084495 0.2500
550000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084509 0.2500
407960.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084517 0.2500
641250.00 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9084555 0.2500
665000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084559 0.2500
950000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9084567 0.2500
646400.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9084593 0.2500
415000.00 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9084655 0.2500
406000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9086010 0.2500
283127.08 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9093027 0.2500
449000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9096049 0.2500
564400.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9096606 0.2500
132453.58 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9098974 0.2500
249231.61 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9099600 0.2500
163902.20 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9099608 0.2500
163435.73 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9100072 0.2500
149616.34 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9107374 0.2500
218589.69 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9111182 0.2500
79754.12 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9121150 0.2500
160411.18 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9133016 0.2500
211747.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9133194 0.2500
92149.81 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9134728 0.2500
109039.42 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9136572 0.2500
357370.04 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9142848 0.2500
281133.23 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9143402 0.2500
290105.60 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9145050 0.2500
333234.36 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9151894 0.2500
197239.76 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9159780 0.2500
269434.85 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9159788 0.2500
319144.92 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9163434 0.2500
199385.27 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9180006 0.2500
358866.98 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9181026 0.2500
398741.09 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9190902 0.2500
77244.34 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9192942 0.2500
124245.52 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9193006 0.2500
69849.98 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9199578 0.2500
214040.30 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9201906 0.2500
289392.99 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9202010 0.2500
199571.38 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9203700 0.2500
33930.51 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9204460 0.2500
166051.69 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9204576 0.2500
203652.17 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9208302 0.2500
339288.34 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9209188 0.2500
366231.83 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9209210 0.2500
410962.65 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9209226 0.2500
389484.98 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9209232 0.2500
321781.34 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9210482 0.2500
207554.22 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9210706 0.2500
149470.30 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9212886 0.2500
331670.30 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9221506 0.2500
129727.91 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9228214 0.2500
416060.35 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9245970 0.2500
634918.25 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9250334 0.2500
199470.91 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9251056 0.2500
550018.70 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9252940 0.2500
88229.27 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9254584 0.2500
304301.89 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9255864 0.2500
391958.17 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9257232 0.2500
395171.12 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9259700 0.2500
481989.02 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9259780 0.2500
493963.90 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9259844 0.2500
357250.67 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9259916 0.2500
359246.48 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9260086 0.2500
750388.35 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9260848 0.2500
197555.28 0.0300
5.3750 0.0000
5.1250 0.0000
5.0950
5.0950 0.0000
9261874 0.2500
412059.01 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9262666 0.2500
193294.57 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9262926 0.2500
215139.26 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9263376 0.2500
425108.33 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9265314 0.2500
329309.27 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9266430 0.2500
728507.81 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9267508 0.2500
499926.29 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9269362 0.2500
149686.03 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9269434 0.2500
452515.72 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9269564 0.2500
144681.86 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9271570 0.2500
412968.39 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9274782 0.2500
364419.13 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9275000 0.2500
452765.45 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9275048 0.2500
399092.85 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9275254 0.2500
558827.84 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9275928 0.2500
409571.93 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9279104 0.2500
405440.63 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9279240 0.2500
212772.29 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9279788 0.2500
194558.88 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9281994 0.2500
443000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9284526 0.2500
372699.53 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9284916 0.2500
399462.28 0.0300
5.5000 0.0000
5.2500 0.0000
5.2200
5.2200 0.0000
9434970 0.2500
412369.01 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9435990 0.2500
384588.41 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9436776 0.2500
713538.47 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9437628 0.2500
376596.97 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9438340 0.2500
603104.55 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9439108 0.2500
379593.76 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9439312 0.2500
260727.50 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9439474 0.2500
364128.37 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9439670 0.2500
383589.48 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9442440 0.2500
365000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9443616 0.2500
395000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9443756 0.2500
380000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9444312 0.2500
342000.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
5.2500 0.0450
9444366 0.2500
450000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
5.2500 0.1700
9449904 0.2500
295000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
9450258 0.2500
364000.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
5.2500 0.2950
Total Number of Loans: 469
Total Original Balance: 196,728,146.00
Total Principal Balance: 196,429,039.07
Total Original P+I: 1,135,182.99
Total Current P+I: 1,135,182.99
EXHIBIT FOUR
SCHEDULE OF DISCOUNT FRACTIONS
(Available Upon Request)
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 #
8262577 G51/G01 F 525,000.00 ZZ
180 490,083.47 1
5.6250 4324.60 70
5.3750 4324.60
XXX XXXXX XX 00000 2 11/22/02 00
0435112800 03 01/01/03 0.0000
22000109 O 12/01/17
0
8478131 P60/G01 F 600,000.00 ZZ
180 566,655.59 1
5.5000 4902.51 80
5.2500 4902.51
XXXXXXXXXX XX 00000 2 02/14/03 00
0435450697 05 04/01/03 0.0000
1310270103 O 03/01/18
0
8627476 E82/G01 F 174,500.00 ZZ
180 168,227.51 1
5.5000 1425.81 35
5.2500 1425.81
XXXXXXXX XXXX XX 00000 2 08/29/03 00
0400887790 05 10/01/03 0.0000
0400887790 O 09/01/18
0
8660810 E82/G01 F 229,600.00 ZZ
180 222,903.83 1
5.5000 1876.02 52
5.2500 1876.02
XXXXXXXX XX 00000 2 09/09/03 00
0400877494 05 11/01/03 0.0000
0400877494 O 10/01/18
0
8733348 286/286 F 212,900.00 ZZ
180 206,816.27 1
5.7500 1767.95 42
5.5000 1767.95
XXXXX XXXX XX 00000 2 09/03/03 00
2691431 05 11/01/03 0.0000
2691431 O 10/01/18
0
8921843 E23/G01 F 601,000.00 ZZ
180 596,446.63 1
4.8750 4713.63 76
4.6250 4713.63
XXXXX XXXXX XX 00000 5 03/26/04 00
0437715170 03 05/01/04 0.0000
42003521 O 04/01/19
0
8931651 E22/G01 F 175,000.00 ZZ
120 173,873.02 1
5.0000 1856.15 35
4.7500 1856.15
XXXXXXXX XXXXXXX 00000 2 04/06/04 00
0420195125 05 06/01/04 0.0000
0420195125 O 05/01/14
0
8933599 975/G01 F 395,000.00 ZZ
180 393,506.72 1
4.8750 3097.97 54
4.6250 3097.97
XXXXXX XX 00000 2 04/01/04 00
0437722671 05 06/01/04 0.0000
2041586 O 05/01/19
0
8933639 975/G01 F 460,000.00 ZZ
180 458,260.98 1
4.8750 3607.77 42
4.6250 3607.77
XXXXXX XX 00000 2 04/01/04 00
0437726946 05 06/01/04 0.0000
2041636 O 05/01/19
0
8934499 E22/G01 F 590,000.00 T
180 587,792.65 1
5.0000 4665.68 63
4.7500 4665.68
XXXXXX XXXX XX 00000 2 04/08/04 00
0420104093 05 06/01/04 0.0000
0420104093 O 05/01/19
0
8934749 E22/G01 F 399,500.00 ZZ
180 397,989.70 1
4.8750 3133.27 49
4.6250 3133.27
XXX XXXXXXX XX 00000 2 03/30/04 00
0420447740 05 06/01/04 0.0000
0420447740 O 05/01/19
0
8935826 E22/G01 F 60,000.00 TX
120 57,717.02 1
5.5000 651.16 39
5.2500 651.16
XXXXXXXX XX 00000 5 12/01/03 00
0419082409 05 01/01/04 0.0000
0419082409 O 12/01/13
0
8938669 E82/G01 F 389,700.00 ZZ
180 388,257.18 1
5.1250 3107.16 50
4.8750 3107.16
XXXX XXXXXX XX 00000 2 04/09/04 00
0400963542 05 06/01/04 0.0000
0400963542 O 05/01/19
0
8938699 E82/G01 F 177,500.00 ZZ
180 176,842.83 1
5.1250 1415.24 52
4.8750 1415.24
XXXXXX XX 00000 2 04/12/04 00
0400964417 05 06/01/04 0.0000
0400964417 O 05/01/19
0
8939451 E33/G01 F 1,000,000.00 ZZ
180 996,180.01 1
4.7500 7778.32 26
4.5000 7778.32
XXXX XXXXXX XX 00000 2 04/09/04 00
0437743354 05 06/01/04 0.0000
75531 O 05/01/19
0
8939681 E22/G01 F 218,000.00 ZZ
180 217,167.25 1
4.7500 1695.67 49
4.5000 1695.67
XXXX XX 00000 2 04/07/04 00
0420299125 05 06/01/04 0.0000
0420299125 O 05/01/19
0
8940411 J40/G01 F 164,800.00 ZZ
180 163,577.10 1
5.1250 1313.98 66
4.8750 1313.98
XXXX XXXX XX 00000 2 03/10/04 00
0437719859 05 05/01/04 0.0000
7814887 O 04/01/19
0
8942107 Y94/G01 F 379,000.00 ZZ
180 377,582.06 1
5.0000 2997.11 60
4.7500 2997.11
XXXXXXX XX 00000 2 04/05/04 00
0437849706 05 06/01/04 0.0000
0000010307 O 05/01/19
0
8942519 E22/G01 F 211,800.00 ZZ
180 211,024.02 1
5.2500 1702.61 48
5.0000 1702.61
XXXXXX XX 00000 2 04/09/04 00
0420096679 03 06/01/04 0.0000
0420096679 O 05/01/19
0
8943377 K15/G01 F 102,100.00 ZZ
180 101,334.45 1
5.0000 807.40 85
4.7500 807.40
XXXXXXXXX XX 00000 2 03/26/04 41
0437742414 05 05/01/04 6.0000
018705518416 O 04/01/19
0
8947475 E82/G01 F 330,900.00 ZZ
180 329,649.04 1
4.8750 2595.24 58
4.6250 2595.24
XXXXXXXXX XX 00000 2 04/14/04 00
0400970398 05 06/01/04 0.0000
0400970398 O 05/01/19
0
8947575 E22/G01 F 350,000.00 ZZ
180 348,717.68 1
5.2500 2813.57 59
5.0000 2813.57
XXXXX XXXXXXX XX 00000 5 04/14/04 00
0420498875 05 06/01/04 0.0000
0420498875 O 05/01/19
0
8948435 E22/G01 F 580,000.00 ZZ
180 577,807.32 1
4.8750 4548.93 34
4.6250 4548.93
XXXXX XXXXXX XXX 00000 2 03/31/04 00
0420211914 05 06/01/04 0.0000
0420211914 O 05/01/19
0
8948931 Y94/G01 F 430,000.00 ZZ
180 428,374.40 1
4.8750 3372.48 58
4.6250 3372.48
XXXXXXX XX 00000 2 04/06/04 00
0437817653 05 06/01/04 0.0000
0000010454 O 05/01/19
0
8948961 253/253 F 569,990.00 ZZ
180 567,483.71 1
5.2500 4582.03 64
5.0000 4582.03
XXXXXXXXX XX 00000 2 04/09/04 00
347458 05 06/01/04 0.0000
347458 O 05/01/19
0
8949667 Y21/G01 F 750,000.00 ZZ
180 744,317.76 1
4.8750 5882.24 46
4.6250 5882.24
XXXXXXXX XX 00000 2 03/23/04 00
0437780711 05 05/01/04 0.0000
204167914 O 04/01/19
0
8949677 Y21/G01 F 423,500.00 ZZ
180 420,225.48 1
5.0000 3349.02 59
4.7500 3349.02
XXXXXXXX XX 00000 2 03/29/04 00
0437767494 05 05/01/04 0.0000
204199808 O 04/01/19
0
8949691 Y21/G01 F 350,000.00 ZZ
180 347,429.73 1
5.2500 2813.58 61
5.0000 2813.58
XXXXXXX XX 00000 1 04/05/04 00
0437787278 05 05/01/04 0.0000
204130522 O 04/01/19
0
8949839 Y21/G01 F 372,000.00 ZZ
180 369,210.68 1
5.0000 2941.76 80
4.7500 2941.76
XXXXXXX XX 00000 1 03/25/04 00
0437764301 05 05/01/04 0.0000
204116562 O 04/01/19
0
8949851 Y21/G01 F 386,000.00 ZZ
180 383,165.37 1
5.2500 3102.97 71
5.0000 3102.97
XXXXXXXX XX 00000 2 04/02/04 00
0437765027 03 05/01/04 0.0000
204170656 O 04/01/19
0
8953457 P44/G01 F 399,999.00 ZZ
180 398,502.49 1
5.0000 3163.17 36
4.7500 3163.17
XXXXXXXXXX XX 00000 2 04/13/04 00
0437751548 05 06/01/04 0.0000
1 O 05/01/19
0
8953483 Y94/G01 F 583,000.00 ZZ
180 580,795.99 1
4.8750 4572.45 45
4.6250 4572.45
XXXXXX XXXXX XXX 00000 2 04/02/04 00
0437947492 03 06/01/04 0.0000
0000010455 O 05/01/19
0
8953879 E82/G01 F 213,200.00 ZZ
180 212,402.36 2
5.0000 1685.97 56
4.7500 1685.97
XXXXXX XXXX XX 00000 2 04/16/04 00
0400968855 05 06/01/04 0.0000
0400968855 O 05/01/19
0
8954725 E82/G01 F 378,700.00 ZZ
180 377,268.34 1
4.8750 2970.13 43
4.6250 2970.13
XXX XXXXX XX 00000 2 04/16/04 00
0400966875 05 06/01/04 0.0000
0400966875 O 05/01/19
0
8956049 313/G01 F 420,000.00 ZZ
180 416,883.36 1
5.1250 3348.75 45
4.8750 3348.75
XXXXXXXX XXXXXXX 00000 2 03/11/04 00
0437774961 03 05/01/04 0.0000
10102663 O 04/01/19
0
8956095 313/G01 F 770,000.00 ZZ
180 764,286.17 1
5.1250 6139.37 18
4.8750 6139.37
XXX XXXXXXX XX 00000 2 03/05/04 00
0437777972 05 05/01/04 0.0000
10123651 O 04/01/19
0
8956135 313/G01 F 470,000.00 ZZ
180 466,475.86 1
5.0000 3716.74 40
4.7500 3716.74
XX XXXXX XX 00000 2 03/26/04 00
0437777352 03 05/01/04 0.0000
10146249 O 04/01/19
0
8956253 313/G01 F 800,000.00 ZZ
180 794,001.49 1
5.0000 6326.35 34
4.7500 6326.35
XXXXXXX XXXXX XX 00000 2 03/16/04 00
0437776453 05 05/01/04 0.0000
10131019 O 04/01/19
0
8956285 313/G01 F 550,000.00 ZZ
180 545,833.03 1
4.8750 4313.64 37
4.6250 4313.64
XXXXX XXXXX XX 00000 2 03/30/04 00
0437775349 05 05/01/04 0.0000
10144947 O 04/01/19
0
8956479 313/G01 F 475,000.00 ZZ
180 471,438.39 1
5.0000 3756.27 55
4.7500 3756.27
XXXXXXXX XX 00000 5 03/24/04 00
0437784580 05 05/01/04 0.0000
10079408 O 04/01/19
0
8956555 313/G01 F 475,000.00 ZZ
180 473,185.50 1
4.7500 3694.71 40
4.5000 3694.71
XXXXXX XXXX XX 00000 2 04/02/04 00
0437779770 05 06/01/04 0.0000
10164184 O 05/01/19
0
8956643 313/G01 F 635,000.00 ZZ
180 632,599.40 1
4.8750 4980.29 58
4.6250 4980.29
XXXXXXX XX 00000 2 04/01/04 00
0437776735 05 06/01/04 0.0000
10160760 O 05/01/19
0
8956823 313/G01 F 407,000.00 ZZ
180 405,477.29 1
5.0000 3218.54 51
4.7500 3218.54
XXXXXXX XXXX XX 00000 2 04/02/04 00
0437774078 05 06/01/04 0.0000
10142057 O 05/01/19
0
8956831 313/G01 F 392,000.00 ZZ
180 389,128.16 1
5.3750 3177.03 47
5.1250 3177.03
XXXXXXX XXX XX 00000 2 03/09/04 00
0437770563 05 05/01/04 0.0000
10100568 O 04/01/19
0
8956855 313/G01 F 650,000.00 ZZ
180 645,176.62 1
5.1250 5182.59 59
4.8750 5182.59
XXXXXXXX XXXXXXX 00000 5 03/30/04 00
0437775984 05 05/01/04 0.0000
10155109 O 04/01/19
0
8956905 E22/G01 F 130,000.00 ZZ
180 129,523.71 1
5.2500 1045.04 59
5.0000 1045.04
XXXXXXXXXXX XX 00000 5 04/15/04 00
0420147084 05 06/01/04 0.0000
0420147084 O 05/01/19
0
8958759 W68/G01 F 407,000.00 ZZ
180 404,042.25 1
5.3750 3298.59 43
5.1250 3298.59
XXXXXXXXX XX 00000 5 03/01/04 00
0437765704 05 05/01/04 0.0000
4021594 O 04/01/19
0
8959479 Y94/G01 F 500,000.00 ZZ
180 498,109.76 1
4.8750 3921.49 52
4.6250 3921.49
XXXXXXXX XX 00000 2 04/08/04 00
0437940893 03 06/01/04 0.0000
0000010693 O 05/01/19
0
8959545 E82/G01 F 266,500.00 ZZ
180 265,492.51 1
4.8750 2090.15 57
4.6250 2090.15
XXXXX XXXXXX XX 00000 2 04/21/04 00
0400975801 05 06/01/04 0.0000
0400975801 O 05/01/19
0
8959561 E82/G01 F 188,300.00 ZZ
180 187,588.14 1
4.8750 1476.83 63
4.6250 1476.83
XXXXXXXXX XX 00000 2 04/20/04 00
0400977450 05 06/01/04 0.0000
0400977450 O 05/01/19
0
8959621 E82/G01 F 383,700.00 ZZ
180 382,249.43 1
4.8750 3009.35 45
4.6250 3009.35
XXXXXXXX XXXXXXX 00000 2 04/21/04 00
0400974697 05 06/01/04 0.0000
0400974697 O 05/01/19
0
8960425 E22/G01 F 500,000.00 ZZ
180 498,109.76 1
4.8750 3921.49 55
4.6250 3921.49
LA (ENCINO ARECA 91316 2 04/16/04 00
0420419020 05 06/01/04 0.0000
0420419020 O 05/01/19
0
8960933 Y94/G01 F 600,000.00 ZZ
180 597,731.72 1
4.8750 4705.78 61
4.6250 4705.78
XXX XXXXX XX 00000 2 04/02/04 00
0437802879 05 06/01/04 0.0000
0000010342 O 05/01/19
0
8960977 Y94/G01 F 550,000.00 ZZ
180 547,942.31 1
5.0000 4349.36 67
4.7500 4349.36
XXX XXXXXXX XX 00000 2 04/02/04 00
0437803786 05 06/01/04 0.0000
0000010322 O 05/01/19
0
8961241 Y94/G01 F 524,000.00 ZZ
180 522,019.03 1
4.8750 4109.72 73
4.6250 4109.72
XXX XXXX XX 00000 2 04/07/04 00
0437789001 05 06/01/04 0.0000
0000010631 O 05/01/19
0
8961579 E84/G01 F 750,000.00 ZZ
180 744,258.68 1
4.7500 5833.74 69
4.5000 5833.74
XXXXXXXXX XXXXXX 00000 5 03/26/04 00
0437798028 05 05/01/04 0.0000
1101152113 O 04/01/19
0
8961581 E84/G01 F 360,000.00 ZZ
180 357,328.61 1
5.1250 2870.35 24
4.8750 2870.35
LIGHTHOUSE XXXXX 00000 5 03/24/04 00
0437820046 05 05/01/04 0.0000
93007236 O 04/01/19
0
8961605 E84/G01 F 492,000.00 ZZ
180 488,349.08 1
5.1250 3922.82 75
4.8750 3922.82
XXXXXX XX 00000 2 03/26/04 00
0437797954 05 05/01/04 0.0000
1101152655 O 04/01/19
0
8962865 E82/G01 F 862,000.00 ZZ
180 858,775.03 1
5.0000 6816.64 22
4.7500 6816.64
XXXXXX XX 00000 2 04/19/04 00
0400970570 05 06/01/04 0.0000
0400970570 O 05/01/19
0
8962925 E82/G01 F 921,000.00 ZZ
180 917,554.29 1
5.0000 7283.21 22
4.7500 7283.21
XXXXX XXXXXXX XX 00000 2 04/19/04 00
0400972170 05 06/01/04 0.0000
0400972170 O 05/01/19
0
8964161 F34/G01 F 593,000.00 ZZ
180 590,758.18 1
4.8750 4650.88 80
4.6250 4650.88
XXXXX XXXXX XX 00000 2 04/19/04 00
0437814437 05 06/01/04 0.0000
4501403029 O 05/01/19
0
8964687 N16/G01 F 372,500.00 ZZ
120 367,692.29 1
5.0000 3950.94 52
4.7500 3950.94
XXXXXXX XX 00000 2 03/26/04 00
0437777212 05 05/06/04 0.0000
562082675 O 04/06/14
0
8964939 E82/G01 F 180,000.00 ZZ
180 179,340.52 1
5.2500 1446.98 52
5.0000 1446.98
XXXXXXXXX XX 00000 2 04/23/04 00
0400956314 03 06/01/04 0.0000
0400956314 O 05/01/19
0
8964955 E82/G01 F 162,000.00 T
180 161,412.68 1
5.3750 1312.95 90
5.1250 1312.95
XX. XXXXXX XX 00000 2 04/23/04 10
0400959524 01 06/01/04 12.0000
0400959524 O 05/01/19
0
8964967 E82/G01 F 338,450.00 ZZ
180 337,183.77 1
5.0000 2676.44 62
4.7500 2676.44
XXXXXXXX XX 00000 2 04/20/04 00
0400978201 05 06/01/04 0.0000
0400978201 O 05/01/19
0
8964971 E82/G01 F 321,800.00 ZZ
180 320,583.44 1
4.8750 2523.87 43
4.6250 2523.87
XXXXXXXX XX 00000 2 04/21/04 00
0400966404 05 06/01/04 0.0000
0400966404 O 05/01/19
0
8965401 E22/G01 F 292,000.00 ZZ
180 290,907.55 1
5.0000 2309.12 80
4.7500 2309.12
XXXXXX XX 00000 2 04/19/04 00
0420529794 05 06/01/04 0.0000
0420529794 O 05/01/19
0
8967099 Y69/G01 F 900,000.00 ZZ
180 893,110.41 1
4.7500 7000.49 53
4.5000 7000.49
XXXXXX XXXXX XX 00000 2 03/26/04 00
0437785942 05 05/01/04 0.0000
1030003330 O 04/01/19
0
8970917 M27/G01 F 380,000.00 ZZ
180 378,578.31 1
5.0000 3005.02 80
4.7500 3005.02
XXXXXXXXX XX 00000 2 04/19/04 00
0437779994 05 06/01/04 0.0000
0100019655 O 05/01/19
0
8970955 Y69/G01 F 490,000.00 ZZ
180 486,287.61 1
4.8750 3843.06 56
4.6250 3843.06
XXX XXXXX XX 00000 2 03/03/04 00
0437782857 03 05/01/04 0.0000
1020001785 O 04/01/19
0
8971003 Y69/G01 F 506,000.00 ZZ
180 504,087.08 1
4.8750 3968.55 52
4.6250 3968.55
XXX XXXXX XX 00000 2 04/02/04 00
0437787211 03 06/01/04 0.0000
1020002991 O 05/01/19
0
8971061 Y69/G01 F 593,500.00 ZZ
180 586,948.05 1
5.2500 4771.02 80
5.0000 4771.02
XXXXXXXXXX XX 00000 2 02/27/04 00
0437790959 03 04/01/04 0.0000
5010001393 O 03/01/19
0
8973661 E82/G01 F 365,300.00 ZZ
180 363,918.99 1
4.8750 2865.04 41
4.6250 2865.04
XXX XXXX XX 00000 2 04/22/04 00
0400974861 03 06/01/04 0.0000
0400974861 O 05/01/19
0
8973727 Y94/G01 F 348,000.00 ZZ
180 346,684.39 1
4.8750 2729.36 37
4.6250 2729.36
XXXX XXXX XX 00000 2 04/12/04 00
0437793029 05 06/01/04 0.0000
0000000000 O 05/01/19
0
8976055 Y94/G01 F 547,450.00 ZZ
180 545,380.38 1
4.8750 4293.64 51
4.6250 4293.64
XXX XXXXXX XX 00000 2 04/01/04 00
0437797616 05 06/01/04 0.0000
0000010137 O 05/01/19
0
8976065 477/G01 F 420,000.00 ZZ
180 418,428.67 1
5.0000 3321.33 58
4.7500 3321.33
XXXXXX XX 00000 2 04/14/04 00
0437789548 03 06/01/04 0.0000
265579 O 05/01/19
0
8976367 Y94/G01 F 399,999.00 ZZ
180 398,471.01 1
4.7500 3111.32 35
4.5000 3111.32
XXXXXXXXX XX 00000 2 04/08/04 00
0437792930 05 06/01/04 0.0000
0000000000 O 05/01/19
0
8976451 Y94/G01 F 375,000.00 ZZ
180 373,582.32 1
4.8750 2941.12 42
4.6250 2941.12
XXX XXXX XX 00000 2 04/06/04 00
0437808694 05 06/01/04 0.0000
0000010504 O 05/01/19
0
8976579 Y94/G01 F 427,000.00 ZZ
180 425,385.74 1
4.8750 3348.95 50
4.6250 3348.95
XXX XXXXXXX XX 00000 2 04/14/04 00
0437788987 05 06/01/04 0.0000
10694 O 05/01/19
0
8976603 Y94/G01 F 615,000.00 ZZ
180 612,675.01 1
4.8750 4823.43 62
4.6250 4823.43
XXXXXXXX XX 00000 2 04/15/04 00
0437803646 03 06/01/04 0.0000
0000000000 O 05/01/19
0
8976641 Y94/G01 F 437,000.00 ZZ
180 435,347.93 1
4.8750 3427.38 80
4.6250 3427.38
XXXXXXXXX XX 00000 2 04/08/04 00
0437792971 09 06/01/04 0.0000
0000010448 O 05/01/19
0
8976799 356/356 F 568,700.00 ZZ
180 566,572.33 1
5.0000 4497.25 43
4.7500 4497.25
XXXXXX XX 00000 2 04/12/04 00
3099603 05 06/01/04 0.0000
3099603 O 05/01/19
0
8977121 Y62/G01 F 985,000.00 ZZ
180 981,314.85 1
5.0000 7789.32 53
4.7500 7789.32
XXXXXXX XX 00000 2 04/08/04 00
0437788854 03 06/01/04 0.0000
8911050000 O 05/01/19
0
8977385 550/550 F 1,100,000.00 ZZ
180 1,095,850.13 1
4.9000 8641.54 15
4.6500 8641.54
XXX XXXXXXXXX XX 00000 2 04/21/04 00
120705541 03 06/01/04 0.0000
120705541 O 05/01/19
0
8977654 E82/G01 F 174,400.00 ZZ
180 171,210.13 1
5.3750 1413.45 46
5.1250 1413.45
XXXXXXX XX 00000 2 12/17/03 00
0400935086 05 02/01/04 0.0000
0400935086 O 01/01/19
0
8977761 Y94/G01 F 399,000.00 ZZ
180 397,491.59 1
4.8750 3129.35 54
4.6250 3129.35
XXX XXXX XX 00000 2 04/19/04 00
0437909211 05 06/01/04 0.0000
0000010654 O 05/01/19
0
8978325 E22/G01 F 457,000.00 ZZ
180 455,290.24 1
5.0000 3613.93 36
4.7500 3613.93
XXXXXXXXXX XXXXX 00000 2 04/23/04 00
0420484289 05 06/01/04 0.0000
0420484289 O 05/01/19
0
8979461 E82/G01 F 470,000.00 ZZ
180 468,223.18 1
4.8750 3686.20 64
4.6250 3686.20
XXXX XX 00000 2 04/26/04 00
0400979621 05 06/01/04 0.0000
0400979621 O 05/01/19
0
8979479 E82/G01 F 343,200.00 ZZ
180 341,942.59 1
5.2500 2758.91 39
5.0000 2758.91
XXX XXXXXXX XX 00000 5 04/23/04 00
0400957148 05 06/01/04 0.0000
0400957148 O 05/01/19
0
8980067 Y94/G01 F 380,000.00 ZZ
180 378,563.42 1
4.8750 2980.33 71
4.6250 2980.33
XXXXXXXX XX 00000 2 04/13/04 00
0437792997 05 06/01/04 0.0000
0000000000 O 05/01/19
0
8980403 L21/G01 F 515,000.00 ZZ
180 513,032.71 1
4.7500 4005.83 70
4.5000 4005.83
XXXXXX XX 00000 2 04/03/04 00
0437787799 05 06/01/04 0.0000
13500417 O 05/01/19
0
8981041 758/G01 F 740,600.00 ZZ
180 737,800.18 1
4.8750 5808.51 50
4.6250 5808.51
XXXXXXX XX 00000 2 04/15/04 00
0437793441 05 06/01/04 0.0000
2200000095 O 05/01/19
0
8981243 L21/G01 F 551,000.00 ZZ
180 548,916.96 1
4.8750 4321.48 36
4.6250 4321.48
XXXXXXXXX XX 00000 2 04/13/04 00
0437783160 05 06/01/04 0.0000
13500419 O 05/01/19
0
8981251 Y94/G01 F 500,000.00 ZZ
180 498,109.76 1
4.8750 3921.49 32
4.6250 3921.49
XXX XXXXX XX 00000 2 04/08/04 00
0437788425 05 06/01/04 0.0000
0000010571 O 05/01/19
0
8981519 E82/G01 F 382,200.00 ZZ
180 382,200.00 1
4.8750 2997.58 20
4.6250 2997.58
XXXXXXX XX 00000 2 04/28/04 00
0400973269 05 07/01/04 0.0000
0400973269 O 06/01/19
0
8981523 E82/G01 F 460,000.00 ZZ
180 460,000.00 1
4.8750 3607.77 65
4.6250 3607.77
XXXXXXXXX XX 00000 2 04/28/04 00
0400967956 05 07/01/04 0.0000
0400967956 O 06/01/19
0
8981649 E22/G01 F 150,500.00 ZZ
180 149,936.94 1
5.0000 1190.14 38
4.7500 1190.14
XXXXXXX XX 00000 2 04/22/04 00
0420344004 05 06/01/04 0.0000
0420344004 O 05/01/19
0
8981693 Y94/G01 F 367,500.00 ZZ
180 366,125.08 1
5.0000 2906.17 75
4.7500 2906.17
XXX XXXX XX 00000 2 04/13/04 00
0437908551 05 06/01/04 0.0000
0000010656 O 05/01/19
0
8981697 E22/G01 F 350,000.00 ZZ
180 348,676.84 1
4.8750 2745.04 31
4.6250 2745.04
XXXXXXX XXXXX XX 00000 2 04/14/04 00
0420201139 05 06/01/04 0.0000
0420201139 O 05/01/19
0
8982097 E82/G01 F 310,000.00 ZZ
180 308,840.21 1
5.0000 2451.46 45
4.7500 2451.46
XXXXXXX XXXXX XX 00000 2 04/21/04 00
0400973988 05 06/01/04 0.0000
0400973988 O 05/01/19
0
8982241 E22/G01 F 199,000.00 ZZ
180 198,247.69 1
4.8750 1560.75 59
4.6250 1560.75
XXXXXXXXX XX 00000 2 04/22/04 00
0420480691 05 06/01/04 0.0000
0420480691 O 05/01/19
0
8982493 253/253 F 395,000.00 ZZ
180 393,491.10 1
4.7500 3072.44 47
4.5000 3072.44
XXXXXX XX 00000 4 04/05/04 00
483622 05 06/01/04 0.0000
483622 O 05/01/19
0
8982561 X89/G01 F 385,000.00 ZZ
180 383,544.51 1
4.8750 3019.55 52
4.6250 3019.55
XXXXXX XXXXXX XX 00000 5 04/22/04 00
0437821622 05 06/01/04 0.0000
2040852 O 05/01/19
0
8982607 X89/G01 F 230,000.00 ZZ
180 229,070.24 1
4.8750 1803.89 46
4.6250 1803.89
XXXXXXX XX 00000 2 04/23/04 00
0437802770 03 06/01/04 0.0000
2035902 O 05/01/19
0
8983283 Y62/G01 F 615,000.00 ZZ
180 612,675.01 1
4.8750 4823.43 56
4.6250 4823.43
XXX XXXXX XX 00000 2 04/21/04 00
0437822174 05 06/01/04 0.0000
8910814000 O 05/01/19
0
8983537 W93/G01 F 412,000.00 ZZ
180 410,458.60 1
5.0000 3258.07 52
4.7500 3258.07
XXXXXX XX 00000 5 04/06/04 00
0437790769 05 06/01/04 0.0000
67521488 O 05/01/19
0
8983539 W93/G01 F 425,000.00 ZZ
180 423,393.29 1
4.8750 3333.27 54
4.6250 3333.27
XXX XXXXXXX XX 00000 2 04/02/04 00
0437795479 05 06/01/04 0.0000
67521553 O 05/01/19
0
8983545 W93/G01 F 454,200.00 ZZ
180 452,518.38 1
5.1250 3621.43 57
4.8750 3621.43
XXXXXXXX XX 00000 2 04/12/04 00
0437794472 05 06/01/04 0.0000
67521757 O 05/01/19
0
8983551 W93/G01 F 567,000.00 ZZ
180 564,856.47 1
4.8750 4446.97 70
4.6250 4446.97
XXXXX XXXX XX 00000 5 04/15/04 00
0437790082 03 06/01/04 0.0000
67530158 O 05/01/19
0
8983563 W93/G01 F 480,000.00 ZZ
180 478,222.86 1
5.1250 3827.14 54
4.8750 3827.14
XXXXXXXXXXX XX 00000 5 04/12/04 00
0437793094 05 06/01/04 0.0000
22482315 O 05/01/19
0
8983593 W93/G01 F 647,000.00 ZZ
180 644,579.39 1
5.0000 5116.44 44
4.7500 5116.44
XXX XXXX XX 00000 2 04/07/04 00
0437831092 05 06/01/04 0.0000
20511642 O 05/01/19
0
8983797 E82/G01 F 219,100.00 ZZ
180 219,100.00 1
5.1250 1746.93 71
4.8750 1746.93
XXXXXXXXXX XX 00000 2 04/29/04 00
0400975389 05 07/01/04 0.0000
0400975389 O 06/01/19
0
8984565 E22/G01 F 103,500.00 ZZ
180 103,132.60 1
5.6250 852.56 72
5.3750 852.56
XXXXXX XX 00000 2 04/26/04 00
0420507576 05 06/01/04 0.0000
0420507576 O 05/01/19
0
8984747 E22/G01 F 77,000.00 ZZ
180 76,708.90 1
4.8750 603.91 70
4.6250 603.91
XXXX XX 00000 5 04/26/04 00
0420427320 01 06/01/04 0.0000
0420427320 O 05/01/19
0
8985123 K15/G01 F 74,400.00 ZZ
180 74,118.73 1
4.8750 583.52 19
4.6250 583.52
XXXXX XXXXX XX 00000 2 04/21/04 00
0437806201 05 06/01/04 0.0000
018705519048 O 05/01/19
0
8985983 E22/G01 F 37,000.00 ZZ
180 36,864.45 1
5.2500 297.43 50
5.0000 297.43
XXXXXXXX XX 00000 5 04/26/04 00
0420273211 05 06/01/04 0.0000
0420273211 O 05/01/19
0
8986115 E22/G01 F 36,500.00 ZZ
180 36,373.15 1
5.8750 305.55 47
5.6250 305.55
XXXXXXXX XX 00000 5 04/26/04 00
0419933437 05 06/01/04 0.0000
0419933437 O 05/01/19
0
8986243 B60/G01 F 130,000.00 ZZ
180 129,513.64 1
5.0000 1028.03 32
4.7500 1028.03
XXXXXX XXXXXX XX 00000 5 04/20/04 00
0437793078 05 06/01/04 0.0000
633022 O 05/01/19
0
8986265 B60/G01 F 127,500.00 ZZ
180 127,022.99 1
5.0000 1008.26 36
4.7500 1008.26
XXXXXX XX 00000 2 04/23/04 00
0437789761 05 06/01/04 0.0000
632363 O 05/01/19
0
8986345 B60/G01 F 250,000.00 ZZ
180 249,064.69 1
5.0000 1976.98 50
4.7500 1976.98
XXXXXXXXXXXX XX 00000 5 04/22/04 00
0437879125 05 06/01/04 0.0000
631861 O 05/01/19
0
8986363 B60/G01 F 630,000.00 ZZ
180 627,643.00 1
5.0000 4982.00 49
4.7500 4982.00
XXXXXX XXX XXXXX 00000 2 04/21/04 00
0437861032 05 06/01/04 0.0000
630926 O 05/01/19
0
8986415 B60/G01 F 381,000.00 ZZ
180 379,574.58 1
5.0000 3012.92 61
4.7500 3012.92
XXXX XXXXXX XX 00000 5 04/20/04 00
0437821952 05 06/01/04 0.0000
8983345 O 05/01/19
0
8986417 B60/G01 F 129,000.00 T
180 128,052.69 1
5.2500 1037.00 75
5.0000 1037.00
XXXX XXXXX XX 00000 1 03/11/04 00
0437810039 01 05/01/04 0.0000
614965 O 04/01/19
0
8986423 B60/G01 F 838,000.00 ZZ
180 834,864.81 1
5.0000 6626.86 54
4.7500 6626.86
XXXXXX XX 00000 2 04/08/04 00
0437945900 03 06/01/04 0.0000
629843 O 05/01/19
0
8986431 B60/G01 F 832,000.00 ZZ
180 828,887.26 1
5.0000 6579.41 64
4.7500 6579.41
XXXXXXXX XX 00000 5 04/15/04 00
0437955487 05 06/01/04 0.0000
630446 O 05/01/19
0
8986485 B60/G01 F 333,700.00 ZZ
180 332,438.46 1
4.8750 2617.20 36
4.6250 2617.20
XXXXXX XX 00000 5 04/08/04 00
0437941446 03 06/01/04 0.0000
8923716 O 05/01/19
0
8986511 B60/G01 F 162,750.00 ZZ
180 162,147.44 1
5.1250 1297.64 52
4.8750 1297.64
XXXXXXXXXXX XX 00000 2 04/12/04 00
0437795974 05 06/01/04 0.0000
627905 O 05/01/19
0
8986537 B60/G01 F 171,000.00 ZZ
180 170,360.24 1
5.0000 1352.26 70
4.7500 1352.26
XXXXXXX XX 00000 5 04/21/04 00
0437808009 03 06/01/04 0.0000
629045 O 05/01/19
0
8986563 B60/G01 F 736,000.00 ZZ
180 733,246.42 1
5.0000 5820.25 51
4.7500 5820.25
XXXXXXX XX 00000 2 04/17/04 00
0437802564 05 06/01/04 0.0000
631660 O 05/01/19
0
8986621 B60/G01 F 298,841.00 ZZ
180 297,734.58 1
5.1250 2382.72 46
4.8750 2382.72
XX XXXXX XX 00000 2 04/08/04 00
0437796014 03 06/01/04 0.0000
629211 O 05/01/19
0
8986801 B60/G01 F 546,000.00 ZZ
180 543,957.26 1
5.0000 4317.74 50
4.7500 4317.74
INCLINE VILLAGNV 89451 2 04/16/04 00
0437940570 01 06/01/04 0.0000
630285 O 05/01/19
0
8987043 696/G01 F 383,000.00 ZZ
180 381,625.99 1
5.5000 3129.43 72
5.2500 3129.43
XXXXXX XXXXXX XX 00000 5 04/23/04 00
0437789100 03 06/01/04 0.0000
33004013 O 05/01/19
0
8988101 E22/G01 F 395,000.00 ZZ
180 393,506.72 1
4.8750 3097.97 69
4.6250 3097.97
XXXXXXXX XX 00000 2 04/26/04 00
0420528499 05 06/01/04 0.0000
0420528499 O 05/01/19
0
8988253 E82/G01 F 249,850.00 ZZ
180 248,944.17 2
5.3750 2024.95 56
5.1250 2024.95
XXXXXXXX XX 00000 2 04/30/04 00
0400948360 05 06/01/04 0.0000
0400948360 O 05/01/19
0
8988357 E82/G01 F 350,000.00 ZZ
180 350,000.00 1
4.8750 2745.04 24
4.6250 2745.04
XXXXXXX XXXXX XX 00000 2 04/30/04 00
0400973624 03 07/01/04 0.0000
0400973624 O 06/01/19
0
8988397 E82/G01 F 125,000.00 ZZ
180 125,000.00 1
5.1250 996.65 58
4.8750 996.65
XXXXXXXXXXX XX 00000 2 04/30/04 00
0400971693 03 07/01/04 0.0000
0400971693 O 06/01/19
0
8988409 E82/G01 F 398,600.00 T
180 398,600.00 1
5.0000 3152.10 69
4.7500 3152.10
XXXXX XXXXXXX XX 00000 2 04/27/04 00
0400980868 01 07/01/04 0.0000
0400980868 O 06/01/19
0
8988601 E22/G01 F 228,000.00 TX
180 227,138.05 1
4.8750 1788.20 70
4.6250 1788.20
XXXX XX 00000 5 04/28/04 00
0419924824 05 06/01/04 0.0000
0419924824 O 05/01/19
0
8988711 E22/G01 F 532,000.00 ZZ
180 530,009.65 1
5.0000 4207.02 23
4.7500 4207.02
XXX XXXXX XX 00000 2 04/19/04 00
0420406019 05 06/01/04 0.0000
0420406019 O 05/01/19
0
8988903 Y94/G01 F 378,000.00 ZZ
180 376,600.50 1
5.1250 3013.87 39
4.8750 3013.87
XXXXXXXXX XX 00000 2 04/09/04 00
0437802663 05 06/01/04 0.0000
0000010686 O 05/01/19
0
8989291 E82/G01 F 278,000.00 ZZ
180 275,949.03 1
4.8750 2180.35 61
4.6250 2180.35
XXXXXXX XXXXX XX 00000 2 04/26/04 00
0400972055 05 06/01/04 0.0000
0400972055 O 05/01/19
0
8989299 E82/G01 F 322,000.00 ZZ
180 320,807.84 1
5.1250 2567.37 40
4.8750 2567.37
XXXXXXX XX 00000 2 04/21/04 00
0400958781 05 06/01/04 0.0000
0400958781 O 05/01/19
0
8991207 477/G01 F 407,000.00 ZZ
180 405,477.30 1
5.0000 3218.53 44
4.7500 3218.53
XXX XXXX XX 00000 2 04/20/04 00
0437803539 05 06/01/04 0.0000
265494 O 05/01/19
0
8991217 X75/G01 F 440,000.00 ZZ
180 436,734.96 1
5.1250 3508.21 49
4.8750 3508.21
XXXXX XXXX XX 00000 5 03/26/04 00
0437814379 05 05/01/04 0.0000
0104033153 O 04/01/19
0
8991249 A39/G01 F 470,000.00 ZZ
180 468,241.60 1
5.0000 3716.73 48
4.7500 3716.73
XXX XXXXXXX XX 00000 2 04/22/04 00
0437820780 05 06/01/04 0.0000
2400437 O 05/01/19
0
8992889 E82/G01 F 170,000.00 ZZ
180 170,000.00 1
5.1250 1355.44 69
4.8750 1355.44
XXXXXX XX 00000 2 04/29/04 00
0400975884 05 07/01/04 0.0000
0400975884 O 06/01/19
0
8993329 E22/G01 F 399,950.00 ZZ
180 398,438.00 1
4.8750 3136.80 48
4.6250 3136.80
XXXX XX 00000 2 04/29/04 00
0420358939 05 06/01/04 0.0000
0420358939 O 05/01/19
0
8993765 253/253 F 500,000.00 ZZ
180 496,006.11 1
4.8750 3921.49 70
4.6250 3921.49
XXXXXXXXXXX XX 00000 2 03/26/04 00
345630 03 05/01/04 0.0000
345630 O 04/01/19
0
8994861 Y73/G01 F 372,000.00 ZZ
180 370,608.25 1
5.0000 2941.75 80
4.7500 2941.75
XXXXXXX XX 00000 1 04/29/04 00
0437804800 03 06/01/04 0.0000
858896 O 05/01/19
0
8995051 E23/G01 F 302,000.00 ZZ
180 300,870.13 1
5.0000 2388.20 54
4.7500 2388.20
XXXXXXXX XX 00000 2 04/20/04 00
0437812209 03 06/01/04 0.0000
11027771 O 05/01/19
0
8995373 K60/G01 F 77,000.00 ZZ
180 76,708.90 1
4.8750 603.91 33
4.6250 603.91
XX. XXXXX XX 00000 2 04/26/04 00
0437804099 05 06/01/04 0.0000
0001083005 O 05/01/19
0
8995405 K60/G01 F 51,200.00 T
180 50,908.00 1
4.8750 401.56 80
4.6250 401.56
XXXXXXXX XX 00000 1 04/23/04 00
0437803315 05 06/01/04 0.0000
0001082986 O 05/01/19
0
8995805 E82/G01 F 420,000.00 ZZ
180 420,000.00 1
5.0000 3321.33 62
4.7500 3321.33
XXXXXXXXX XX 00000 2 04/29/04 00
0400966263 05 07/01/04 0.0000
0400966263 O 06/01/19
0
8996121 550/550 F 515,000.00 ZZ
180 515,000.00 1
4.8500 4032.46 53
4.6000 4032.46
XXXXXXX XX 00000 2 04/27/04 00
120706259 05 07/01/04 0.0000
120706259 O 06/01/19
0
8996539 B60/G01 F 326,250.00 ZZ
180 325,016.62 1
4.8750 2558.77 77
4.6250 2558.77
XXXXXX XXXX XX 00000 1 04/30/04 00
0437809288 05 06/01/04 0.0000
613222 O 05/01/19
0
8996563 H49/G01 F 480,000.00 ZZ
180 478,204.19 1
5.0000 3795.81 46
4.7500 3795.81
XXXX XXXXX XX 00000 2 04/16/04 00
0437810880 05 06/01/04 0.0000
564002926 O 05/01/19
0
8996581 B60/G01 F 300,000.00 ZZ
180 298,877.62 3
5.0000 2372.38 35
4.7500 2372.38
XXX XXXXXXX XX 00000 2 04/20/04 00
0437860190 05 06/01/04 0.0000
633629 O 05/01/19
0
8996583 356/356 F 471,000.00 ZZ
180 471,000.00 1
5.1250 3755.38 43
4.8750 3755.38
XXXXXXXXXX XX 00000 2 04/26/04 00
29147295 05 07/01/04 0.0000
29147295 O 06/01/19
0
8996611 H49/G01 F 522,000.00 ZZ
180 520,026.60 1
4.8750 4094.03 70
4.6250 4094.03
LAKE BARRINGTOIL 60010 2 04/22/04 00
0437810146 05 06/01/04 0.0000
56585450 O 05/01/19
0
8997087 F28/G01 F 471,000.00 ZZ
180 469,219.39 1
4.8750 3694.05 62
4.6250 3694.05
XXXXXXX XX 00000 2 04/02/04 00
0437828247 05 06/01/04 0.0000
7997439 O 05/01/19
0
8997089 F28/G01 F 417,700.00 ZZ
180 416,137.28 1
5.0000 3303.14 62
4.7500 3303.14
XXXXXXX XX 00000 2 04/06/04 00
0437819626 03 06/01/04 0.0000
7986350 O 05/01/19
0
8997091 F28/G01 F 563,500.00 ZZ
180 558,761.97 1
4.6250 4346.83 65
4.3750 4346.83
XXXXXX XX 00000 2 03/23/04 00
0437828288 05 05/01/04 0.0000
7905127 O 04/01/19
0
8997095 F28/G01 F 500,000.00 ZZ
180 498,090.01 1
4.7500 3889.16 38
4.5000 3889.16
XXXXXXXX XX 00000 2 04/13/04 00
0437812969 03 06/01/04 0.0000
7905218 O 05/01/19
0
8997097 F28/G01 F 440,000.00 ZZ
180 438,301.68 1
4.6250 3394.15 34
4.3750 3394.15
XXX XXXXXX XX 00000 2 04/12/04 00
0437815269 05 06/01/04 0.0000
7905440 O 05/01/19
0
8997103 F28/G01 F 580,000.00 ZZ
120 576,239.83 1
4.8750 6116.42 49
4.6250 6116.42
XXXXX XXXXXXX XX 00000 2 04/12/04 00
0437835242 05 06/01/04 0.0000
7907743 O 05/01/14
0
8997107 F28/G01 F 431,250.00 ZZ
180 429,669.99 1
5.2500 3466.73 75
5.0000 3466.73
XXXXXXXX XX 00000 5 04/13/04 00
0437834740 05 06/01/04 0.0000
7918443 O 05/01/19
0
8997109 F28/G01 F 535,000.00 ZZ
180 532,935.00 1
4.6250 4126.98 39
4.3750 4126.98
XXXX XXXX XX 00000 2 04/05/04 00
0437811870 03 06/01/04 0.0000
7920405 O 05/01/19
0
8997119 F28/G01 F 425,000.00 ZZ
180 423,426.48 1
5.1250 3388.62 45
4.8750 3388.62
XXXX XXXXX XX 00000 5 04/09/04 00
0437828296 05 06/01/04 0.0000
7926941 O 05/01/19
0
8997121 F28/G01 F 445,500.00 ZZ
180 442,089.64 1
4.7500 3465.25 77
4.5000 3465.25
XXXXXXXXXXX XX 00000 2 04/02/04 00
0437822224 03 05/01/04 0.0000
7932905 O 04/01/19
0
8997123 F28/G01 F 575,000.00 ZZ
180 572,826.22 1
4.8750 4509.72 66
4.6250 4509.72
XXXXXXX XX 00000 5 04/16/04 00
0437828221 05 06/01/04 0.0000
7956914 O 05/01/19
0
8997125 F28/G01 F 513,200.00 ZZ
180 511,259.86 1
4.8750 4025.02 55
4.6250 4025.02
XXXX XXXXX XX 00000 2 04/02/04 00
0437813462 03 06/01/04 0.0000
7976161 O 05/01/19
0
8997127 F28/G01 F 415,000.00 ZZ
180 413,414.71 1
4.7500 3228.00 48
4.5000 3228.00
XXXXXXXX XX 00000 2 04/09/04 00
0437818966 05 06/01/04 0.0000
7978365 O 05/01/19
0
8997131 F28/G01 F 484,000.00 ZZ
180 482,189.22 1
5.0000 3827.45 53
4.7500 3827.45
XXX XXXXX XX 00000 2 04/08/04 00
0437818461 03 06/01/04 0.0000
7901736 O 05/01/19
0
8997135 F28/G01 F 383,000.00 ZZ
180 381,581.99 1
5.1250 3053.74 51
4.8750 3053.74
XXXXXX XX 00000 5 04/09/04 00
0437822331 05 06/01/04 0.0000
1033385 O 05/01/19
0
8997137 F28/G01 F 642,000.00 T
180 639,598.10 1
5.0000 5076.90 33
4.7500 5076.90
XXXXXXXXXXXX XX 00000 2 04/09/04 00
0437810914 05 06/01/04 0.0000
1034928 O 05/01/19
0
8997141 F28/G01 F 396,000.00 ZZ
180 386,713.44 1
5.1250 3157.39 30
4.8750 3157.39
WRIGHTSVILLE BNC 28480 5 02/24/04 00
0437828262 05 04/01/04 0.0000
7550873 O 03/01/19
0
8997159 F28/G01 F 468,000.00 ZZ
180 464,490.86 1
5.0000 3700.92 78
4.7500 3700.92
XXXX XXXXX XX 00000 2 04/02/04 00
0437818677 05 05/01/04 0.0000
7708275 O 04/01/19
0
8997161 F28/G01 F 362,000.00 ZZ
180 359,313.76 1
5.1250 2886.30 49
4.8750 2886.30
XXXXXXXXXX XX 00000 2 03/22/04 00
0437814932 05 05/01/04 0.0000
7720351 O 04/01/19
0
8997167 F28/G01 F 422,500.00 ZZ
180 420,935.75 1
5.1250 3368.68 47
4.8750 3368.68
XXXXXXXXXX XX 00000 2 04/09/04 00
0437814486 05 06/01/04 0.0000
7742817 O 05/01/19
0
8997169 F28/G01 F 495,000.00 ZZ
180 493,109.11 1
4.7500 3850.27 69
4.5000 3850.27
XXXXXXXXXX XX 00000 2 04/08/04 00
0437818289 03 06/01/04 0.0000
7777005 O 05/01/19
0
8997171 F28/G01 F 482,000.00 ZZ
180 480,215.45 1
5.1250 3843.09 62
4.8750 3843.09
XXXXXX XXXXXX XX 00000 2 04/05/04 00
0437828320 05 06/01/04 0.0000
7800187 O 05/01/19
0
8997173 F28/G01 F 700,000.00 ZZ
180 697,408.33 1
5.1250 5581.25 50
4.8750 5581.25
XXXXXX XXXXXX XX 00000 5 04/07/04 00
0437834427 05 06/01/04 0.0000
7800227 O 05/01/19
0
8997179 F28/G01 F 486,000.00 ZZ
180 482,317.91 1
4.8750 3811.69 45
4.6250 3811.69
XXXXX XXXXXX XX 00000 2 03/31/04 00
0437812779 05 05/01/04 0.0000
7855357 O 04/01/19
0
8997181 F28/G01 F 500,000.00 ZZ
180 498,109.76 1
4.8750 3921.49 65
4.6250 3921.49
XXXXX XXXXX XX 00000 5 04/16/04 00
0437828254 05 06/01/04 0.0000
7859557 O 05/01/19
0
8997183 F28/G01 F 445,000.00 ZZ
180 443,300.10 1
4.7500 3461.36 52
4.5000 3461.36
XXXXXXX XX 00000 2 04/12/04 00
0437815590 05 06/01/04 0.0000
7866370 O 05/01/19
0
8997185 F28/G01 F 420,650.00 ZZ
180 417,560.90 1
5.2500 3381.52 57
5.0000 3381.52
XXXXXXXX XXXXXXX 00000 2 03/24/04 00
0437828239 03 05/01/04 0.0000
7873935 O 04/01/19
0
8997187 F28/G01 F 382,000.00 ZZ
180 380,570.84 1
5.0000 3020.83 54
4.7500 3020.83
XXXX XXXXX XX 00000 2 04/08/04 00
0437828304 05 06/01/04 0.0000
7899502 O 05/01/19
0
8997415 Y73/G01 F 438,400.00 ZZ
180 436,759.83 1
5.0000 3466.84 80
4.7500 3466.84
XXXXXXXXX XX 00000 1 04/29/04 00
0437840192 03 06/01/04 0.0000
XXX000000 O 05/01/19
0
8998891 E82/G01 F 311,000.00 ZZ
180 311,000.00 1
5.1250 2479.67 66
4.8750 2479.67
XXXXXXXXX XX 00000 2 05/05/04 00
0400968129 05 07/01/04 0.0000
0400968129 O 06/01/19
0
8999056 E22/G01 F 117,000.00 ZZ
180 114,881.97 1
5.5000 955.99 40
5.2500 955.99
HUNTINGTON STANY 11746 2 12/23/03 00
0418704722 05 02/01/04 0.0000
0418704722 O 01/01/19
0
8999237 E22/G01 F 908,500.00 ZZ
180 905,065.44 1
4.8750 7125.34 44
4.6250 7125.34
XXXXXXX XX 00000 2 05/01/04 00
0420307639 05 06/01/04 0.0000
0420307639 O 05/01/19
0
8999533 F62/F62 F 158,200.00 ZZ
180 157,589.38 1
4.6250 1220.35 68
4.3750 1220.35
XXXXX XXXXXXX XX 00000 2 04/20/04 00
40562 05 06/01/04 0.0000
40562 O 05/01/19
0
9000609 K31/G01 F 480,000.00 ZZ
180 478,185.37 1
4.8750 3764.63 80
4.6250 3764.63
XXXXXXXXXXXX XX 00000 1 04/22/04 00
0437818982 03 06/01/04 0.0000
4190100050 O 05/01/19
0
9000771 S11/G01 F 377,000.00 ZZ
180 375,574.76 1
4.8750 2956.80 67
4.6250 2956.80
XXXXXXX XX 00000 2 04/19/04 00
0437816259 05 06/01/04 0.0000
11501077 O 05/01/19
0
9003287 Y94/G01 F 418,000.00 ZZ
180 416,419.77 1
4.8750 3278.36 59
4.6250 3278.36
XXXXXXX XX 00000 2 04/20/04 00
0437907231 05 06/01/04 0.0000
0000010704 O 05/01/19
0
9003345 E22/G01 F 160,000.00 ZZ
180 160,000.00 1
4.8750 1254.88 46
4.6250 1254.88
XXXXXXXXXX XX 00000 5 05/03/04 00
0420215527 05 07/01/04 0.0000
0420215527 O 06/01/19
0
9003381 Y94/G01 F 435,000.00 ZZ
180 433,355.50 1
4.8750 3411.69 65
4.6250 3411.69
XXX XXXX XX 00000 2 04/14/04 00
0437899313 05 06/01/04 0.0000
0000010578 O 05/01/19
0
9003721 Y94/G01 F 399,990.00 ZZ
180 398,477.85 1
4.8750 3137.11 77
4.6250 3137.11
XXXXXXX XX 00000 2 04/16/04 00
0437842156 05 06/01/04 0.0000
0000000000 O 05/01/19
0
9003725 Y94/G01 F 390,500.00 ZZ
180 389,054.22 1
5.1250 3113.54 37
4.8750 3113.54
XXXXXXXXX XX 00000 2 04/29/04 00
0437898349 05 06/01/04 0.0000
0000000000 O 05/01/19
0
9004097 Y94/G01 F 396,000.00 ZZ
180 394,502.93 1
4.8750 3105.82 60
4.6250 3105.82
XXXXXXX XX 00000 5 04/29/04 00
0437880875 05 06/01/04 0.0000
0000010746 O 05/01/19
0
9004611 B60/G01 F 636,000.00 ZZ
180 636,000.00 1
4.8750 4988.14 80
4.6250 4988.14
XXXXXXXXX XX 00000 1 05/04/04 00
0437823677 05 07/01/04 0.0000
630720 O 06/01/19
0
9004631 B60/G01 F 638,000.00 ZZ
180 635,613.06 1
5.0000 5045.27 64
4.7500 5045.27
XXXX XXXXX XX 00000 2 04/30/04 00
0437813033 05 06/01/04 0.0000
632626 O 05/01/19
0
9004759 B60/G01 F 489,000.00 ZZ
180 487,170.52 1
5.0000 3866.98 34
4.7500 3866.98
XXX XXXXX XX 00000 2 04/24/04 00
0437869704 05 06/01/04 0.0000
629785 O 05/01/19
0
9004765 B60/G01 F 611,500.00 ZZ
180 609,212.21 1
5.0000 4835.71 80
4.7500 4835.71
XXXXXXXXX XX 00000 2 04/29/04 00
0437869860 05 06/01/04 0.0000
633025 O 05/01/19
0
9004777 B60/G01 F 480,000.00 ZZ
180 478,204.18 1
5.0000 3795.82 42
4.7500 3795.82
XXXXXXX XX 00000 2 04/21/04 00
0437942030 05 06/01/04 0.0000
632041 O 05/01/19
0
9004803 B60/G01 F 447,000.00 ZZ
180 445,327.65 1
5.0000 3534.85 56
4.7500 3534.85
XX XXXXX XXXX XX 00000 2 04/29/04 00
0437887102 05 06/01/04 0.0000
636254 O 05/01/19
0
9004819 B60/G01 F 203,000.00 ZZ
180 202,256.26 1
5.2500 1631.87 29
5.0000 1631.87
XXXXXXX XXXXX XX 00000 2 04/22/04 00
0437869662 05 06/01/04 0.0000
634676 O 05/01/19
0
9005741 F28/G01 F 456,000.00 ZZ
180 454,239.92 1
4.6250 3517.58 38
4.3750 3517.58
XXXXXXXX XX 00000 2 04/19/04 00
0437822018 05 06/01/04 0.0000
7895650 O 05/01/19
0
9005815 F62/F62 F 214,000.00 ZZ
180 213,190.98 1
4.8750 1678.40 50
4.6250 1678.40
XXXXX XXXXX XX 00000 5 04/13/04 00
41300 05 06/01/04 0.0000
41300 O 05/01/19
0
9007835 E82/G01 F 239,100.00 ZZ
180 239,100.00 1
4.8750 1875.26 66
4.6250 1875.26
XXX XXXX XX 00000 2 05/05/04 00
0400977435 05 07/01/04 0.0000
0400977435 O 06/01/19
0
9007845 E82/G01 F 505,300.00 ZZ
180 505,300.00 1
5.0000 3995.88 38
4.7500 3995.88
XXXXXXX XXXXXXXX 00000 2 05/05/04 00
0400968301 05 07/01/04 0.0000
0400968301 O 06/01/19
0
9007897 E82/G01 F 438,500.00 ZZ
180 438,500.00 1
5.5000 3582.91 34
5.2500 3582.91
XXX XXXXXX XX 00000 2 05/05/04 00
0400984910 05 07/01/04 0.0000
0400984910 O 06/01/19
0
9007995 E22/G01 F 600,000.00 ZZ
180 600,000.00 1
4.8750 4705.78 70
4.6250 4705.78
XXXXXXXX XXXXXXX 00000 2 05/04/04 00
0420451247 05 07/01/04 0.0000
0420451247 O 06/01/19
0
9008017 E22/G01 F 208,000.00 ZZ
120 208,000.00 1
5.0000 2206.16 38
4.7500 2206.16
XXXXXXX XXXXX XX 00000 2 05/05/04 00
0420427478 03 07/01/04 0.0000
0420427478 O 06/01/14
0
9008129 E22/G01 F 595,550.00 ZZ
180 595,550.00 1
4.8750 4670.88 77
4.6250 4670.88
XXXXXX XX 00000 2 05/04/04 00
0420292260 03 07/01/04 0.0000
0420292260 O 06/01/19
0
9008253 E22/G01 F 225,000.00 ZZ
180 225,000.00 1
5.3750 1823.55 59
5.1250 1823.55
XXXXXXXX XX 00000 5 05/05/04 00
0420742520 05 07/01/04 0.0000
0420742520 O 06/01/19
0
9008593 E22/G01 F 79,000.00 ZZ
180 79,000.00 1
4.7500 614.49 66
4.5000 614.49
XXXXX XX 00000 2 05/05/04 00
0420639320 05 07/01/04 0.0000
0420639320 O 06/01/19
0
9008613 E22/G01 F 93,000.00 ZZ
180 93,000.00 1
5.5000 759.89 30
5.2500 759.89
XXXXXXX XX 00000 5 05/04/04 00
0420612574 05 07/01/04 0.0000
0420612574 O 06/01/19
0
9008879 E22/G01 F 106,000.00 ZZ
180 106,000.00 1
5.5000 866.11 59
5.2500 866.11
XXXXXXXXXXX XX 00000 2 05/04/04 00
0420553646 05 07/01/04 0.0000
0420553646 O 06/01/19
0
9008985 Y94/G01 F 430,000.00 ZZ
180 428,374.40 1
4.8750 3372.48 77
4.6250 3372.48
XXX XXXX XX 00000 2 04/12/04 00
0437866965 05 06/01/04 0.0000
0000010386 O 05/01/19
0
9010895 E82/G01 F 165,000.00 ZZ
180 165,000.00 3
5.0000 1304.81 29
4.7500 1304.81
XXXX XXXXXX XXXX 00000 2 05/06/04 00
0400977005 05 07/01/04 0.0000
0400977005 O 06/01/19
0
9010903 E82/G01 F 429,200.00 ZZ
180 429,200.00 1
5.0000 3394.09 70
4.7500 3394.09
FT. LAUDERDALEFL 33301 2 05/03/04 00
0400975868 05 07/01/04 0.0000
0400975868 O 06/01/19
0
9012235 E22/G01 F 823,000.00 ZZ
180 823,000.00 1
4.8750 6454.77 64
4.6250 6454.77
XXXXXXXXXX XX 00000 2 04/29/04 00
0420362238 05 07/01/04 0.0000
0420362238 O 06/01/19
0
9012283 E22/G01 F 469,000.00 ZZ
180 469,000.00 1
4.8750 3678.35 75
4.6250 3678.35
XXXXXXXX XX 00000 2 05/06/04 00
0420449811 05 07/01/04 0.0000
0420449811 O 06/01/19
0
9012855 Y84/G01 F 378,500.00 ZZ
180 377,069.09 1
4.8750 2968.57 68
4.6250 2968.57
XXXXXXXXX XX 00000 2 04/23/04 00
0437936891 05 06/01/04 0.0000
1001915683 O 05/01/19
0
9014147 550/550 F 380,000.00 ZZ
180 380,000.00 1
5.5000 3104.92 55
5.2500 3104.92
XXX XXXXXX XX 00000 5 04/30/04 00
120710855 05 07/01/04 0.0000
120710855 O 06/01/19
0
9015763 E82/G01 F 123,800.00 ZZ
180 123,800.00 1
5.0000 979.00 73
4.7500 979.00
XXXXXXXX XX 00000 2 04/22/04 00
0400971404 05 07/01/04 0.0000
0400971404 O 06/01/19
0
9016127 758/G01 F 500,000.00 ZZ
180 498,109.76 1
4.8750 3921.49 39
4.6250 3921.49
XXXXXXX XX 00000 2 04/29/04 00
0437836232 03 06/01/04 0.0000
60521 O 05/01/19
0
9016303 696/G01 F 460,800.00 ZZ
180 459,129.38 1
5.3750 3734.62 80
5.1250 3734.62
XXXXXXXXXX XX 00000 1 04/29/04 00
0437834559 05 06/01/04 0.0000
31204135 O 05/01/19
0
9017083 E82/G01 F 183,000.00 ZZ
180 183,000.00 1
5.0000 1447.15 30
4.7500 1447.15
XXXX XXXX XX 00000 2 05/07/04 00
0400966206 05 07/01/04 0.0000
0400966206 O 06/01/19
0
9017095 E82/G01 F 232,600.00 ZZ
180 232,600.00 1
5.2500 1869.82 66
5.0000 1869.82
XXXXX XX 00000 2 05/10/04 00
0400952511 05 07/01/04 0.0000
0400952511 O 06/01/19
0
9017129 E82/G01 F 399,900.00 ZZ
180 399,900.00 1
4.8750 3136.41 60
4.6250 3136.41
XXXXXXXX XX 00000 2 05/10/04 00
0400974606 05 07/01/04 0.0000
0400974606 O 06/01/19
0
9017443 E22/G01 F 399,900.00 ZZ
180 398,450.17 1
5.3750 3241.05 33
5.1250 3241.05
XX XXXXX XX 00000 2 05/05/04 00
0420615734 03 06/01/04 0.0000
0420615734 O 05/01/19
0
9017885 E22/G01 F 108,000.00 ZZ
180 107,604.31 1
5.2500 868.19 80
5.0000 868.19
XXXXXXXXXXX XX 00000 2 04/26/04 00
0420352817 05 06/01/04 0.0000
0420352817 O 05/01/19
0
9019685 Q97/G01 F 525,000.00 ZZ
180 523,015.25 1
4.8750 4117.56 44
4.6250 4117.56
XXXXXXX XX 00000 2 05/03/04 00
0437889884 05 06/01/04 0.0000
16034365 O 05/01/19
0
9021405 758/G01 F 1,000,000.00 ZZ
180 996,297.63 1
5.1250 7973.20 38
4.8750 7973.20
XXXXXX XX 00000 2 04/27/04 00
0437880925 05 06/01/04 0.0000
7020000028 O 05/01/19
0
9021737 E82/G01 F 155,600.00 ZZ
180 155,600.00 1
5.1250 1240.63 58
4.8750 1240.63
XXXXXXXX XX 00000 2 05/12/04 00
0400979894 05 07/01/04 0.0000
0400979894 O 06/01/19
0
9021751 E82/G01 F 399,900.00 ZZ
180 399,900.00 1
5.1250 3188.48 76
4.8750 3188.48
XXXXXXX XX 00000 2 05/11/04 00
0400976619 05 07/01/04 0.0000
0400976619 O 06/01/19
0
9022895 E22/G01 F 200,000.00 ZZ
180 200,000.00 1
4.8750 1568.59 46
4.6250 1568.59
XXX XXXXX XX 00000 2 05/05/04 00
0420529539 05 07/01/04 0.0000
0420529539 O 06/01/19
0
9024207 U55/G01 F 377,000.00 ZZ
180 375,574.76 1
4.8750 2956.80 73
4.6250 2956.80
XXXXXXX XX 00000 2 05/03/04 00
0437877541 05 06/01/04 0.0000
0404010016 O 05/01/19
0
9025971 E82/G01 F 385,700.00 ZZ
180 385,700.00 1
5.0000 3050.09 63
4.7500 3050.09
XXX XXXXXX XX 00000 2 05/10/04 00
0400973244 05 07/01/04 0.0000
0400973244 O 06/01/19
0
9026017 E82/G01 F 291,000.00 ZZ
180 291,000.00 1
5.3750 2358.45 33
5.1250 2358.45
XXXXXX XXXX XX 00000 2 05/10/04 00
0400981049 05 07/01/04 0.0000
0400981049 O 06/01/19
0
9027469 E82/G01 F 392,300.00 ZZ
180 392,300.00 1
4.8750 3076.80 53
4.6250 3076.80
XXXXXX XX 00000 2 05/04/04 00
0400972436 05 07/01/04 0.0000
0400972436 O 06/01/19
0
9027799 E22/G01 F 199,500.00 TX
180 199,500.00 1
4.8750 1564.67 62
4.6250 1564.67
XXXXXXXX XX 00000 5 05/10/04 00
0420486706 05 07/01/04 0.0000
0420486706 O 06/01/19
0
9028203 X51/G01 F 375,000.00 ZZ
180 375,000.00 1
5.3750 3039.25 70
5.1250 3039.25
XXXXXXXXXXX XX 00000 2 05/11/04 00
0437863905 05 07/01/04 0.0000
0040401011 O 06/01/19
0
9028527 Q97/G01 F 435,000.00 T
180 433,372.55 1
5.0000 3439.95 69
4.7500 3439.95
XXXXXXX XX 00000 2 04/29/04 00
0437880107 05 06/01/04 0.0000
16034355 O 05/01/19
0
9028787 G33/G01 F 388,500.00 TX
180 388,500.00 1
5.2500 3123.06 42
5.0000 3123.06
XXXXXXX XX 00000 5 05/10/04 00
0437920861 05 07/01/04 0.0000
804900 O 06/01/19
0
9028883 975/G01 F 430,000.00 ZZ
180 430,000.00 1
5.2500 3456.67 45
5.0000 3456.67
XXXXXXXXX XX 00000 5 05/01/04 00
0437867807 05 07/01/04 0.0000
2042258 O 06/01/19
0
9029409 E82/G01 F 354,500.00 ZZ
180 354,500.00 1
5.2500 2849.75 65
5.0000 2849.75
XXXXXXXX XX 00000 2 05/14/04 00
0400986477 05 07/01/04 0.0000
0400986477 O 06/01/19
0
9030645 B60/G01 F 223,000.00 ZZ
180 222,174.38 1
5.1250 1778.02 37
4.8750 1778.02
XXXXXXXXXX XX 00000 2 04/22/04 00
0437899008 03 06/01/04 0.0000
631253 O 05/01/19
0
9030657 B60/G01 F 116,500.00 ZZ
180 116,500.00 1
5.1250 928.88 57
4.8750 928.88
XXXXXXX XX 00000 5 05/04/04 00
0437885684 05 07/01/04 0.0000
634607 O 06/01/19
0
9030683 B60/G01 F 420,000.00 ZZ
180 420,000.00 1
5.2500 3376.29 56
5.0000 3376.29
XXXXXXX XX 00000 1 05/03/04 00
0437888613 05 07/01/04 0.0000
637780 O 06/01/19
0
9030919 B60/G01 F 200,000.00 ZZ
180 199,251.74 1
5.0000 1581.59 32
4.7500 1581.59
XXXXXXXX XX 00000 2 04/28/04 00
0437889025 05 06/01/04 0.0000
8936288 O 05/01/19
0
9031159 B60/G01 F 450,000.00 ZZ
180 450,000.00 1
5.1250 3587.95 69
4.8750 3587.95
XXXXXXXXX XXXXXX 00000 5 05/06/04 00
0437943103 03 07/01/04 0.0000
631672 O 06/01/19
0
9031973 B60/G01 F 532,000.00 ZZ
180 530,009.64 1
5.0000 4207.03 70
4.7500 4207.03
XXXXXXX XXXXX XX 00000 5 04/20/04 00
0437940513 05 06/01/04 0.0000
631854 O 05/01/19
0
9032310 E22/G01 F 170,000.00 ZZ
180 167,054.96 1
5.3750 1377.79 48
5.1250 1377.79
XXXXXX XXXXXXXXX 00000 1 01/12/04 00
0419095633 05 03/01/04 0.0000
0419095633 O 02/01/19
0
9032601 E82/G01 F 124,700.00 ZZ
180 124,700.00 1
5.6250 1027.19 32
5.3750 1027.19
XXXXXXX XXXX XX 00000 2 05/13/04 00
0400982559 05 07/01/04 0.0000
0400982559 O 06/01/19
0
9032611 E82/G01 F 197,000.00 ZZ
180 197,000.00 1
5.5000 1609.65 53
5.2500 1609.65
XXXXX XXXXX XX 00000 2 05/13/04 00
0400986964 05 07/01/04 0.0000
0400986964 O 06/01/19
0
9032617 E82/G01 F 286,500.00 ZZ
180 286,500.00 1
4.8750 2247.01 48
4.6250 2247.01
XXXXXX XX 00000 2 05/13/04 00
0400971362 05 07/01/04 0.0000
0400971362 O 06/01/19
0
9032623 E82/G01 F 503,200.00 ZZ
180 503,200.00 1
5.0000 3979.27 44
4.7500 3979.27
XXXXXXXX XXXX XX 00000 2 05/14/04 00
0400978227 29 07/01/04 0.0000
0400978227 O 06/01/19
0
9035435 E82/G01 F 602,500.00 ZZ
180 602,500.00 1
4.8750 4725.39 51
4.6250 4725.39
XXXX XXXXX XX 00000 2 05/17/04 00
0400967840 05 07/01/04 0.0000
0400967840 O 06/01/19
0
9035491 E82/G01 F 424,500.00 ZZ
180 424,500.00 1
5.1250 3384.63 26
4.8750 3384.63
XXXXXX XXXXX XX 00000 2 05/14/04 00
0400968350 03 07/01/04 0.0000
0400968350 O 06/01/19
0
9038723 B60/G01 F 430,000.00 ZZ
180 428,424.57 1
5.2500 3456.68 77
5.0000 3456.68
XXXXXXXXX XXXXXX 00000 2 04/20/04 00
0437898745 05 06/01/04 0.0000
618693 O 05/01/19
0
9039279 Y69/G01 F 456,500.00 ZZ
180 454,738.00 1
4.6250 3521.43 39
4.3750 3521.43
XXXXXX XX 00000 5 04/29/04 00
0437902869 05 06/01/04 0.0000
0000000000 O 05/01/19
0
9039455 E82/G01 F 126,000.00 ZZ
180 126,000.00 1
5.2500 1012.89 58
5.0000 1012.89
XXXXXXXXXXX XX 00000 2 05/17/04 00
0400979589 05 07/01/04 0.0000
0400979589 O 06/01/19
0
9039459 E82/G01 F 364,400.00 ZZ
180 364,400.00 1
4.8750 2857.98 45
4.6250 2857.98
XXXXXXX XX 00000 2 05/19/04 00
0400968384 03 07/01/04 0.0000
0400968384 O 06/01/19
0
9040523 E22/G01 F 185,000.00 ZZ
180 185,000.00 1
5.3750 1499.36 52
5.1250 1499.36
XXXX XXXXXX XX 00000 5 05/14/04 00
0420423295 05 07/01/04 0.0000
0420423295 O 06/01/19
0
9041575 225/G01 F 565,250.00 ZZ
180 562,931.89 1
5.1250 4506.86 70
4.8750 4506.86
XXXXXXXXXX XX 00000 1 04/19/04 00
0437908809 05 06/01/04 0.0000
007533775 O 05/01/19
0
9041581 225/G01 F 650,000.00 ZZ
180 647,508.33 1
5.0000 5140.16 60
4.7500 5140.16
XXXXXXXXX XX 00000 5 04/19/04 00
0437915101 05 06/01/04 0.0000
007534305 O 05/01/19
0
9041585 225/G01 F 500,000.00 ZZ
180 498,070.09 1
4.6250 3856.99 53
4.3750 3856.99
XXXXXXX XX 00000 2 04/16/04 00
0437913460 05 06/01/04 0.0000
007534493 O 05/01/19
0
9041589 225/G01 F 451,500.00 ZZ
180 449,775.27 1
4.7500 3511.92 51
4.5000 3511.92
XXXX XXXXX XX 00000 5 04/19/04 00
0437909823 05 06/01/04 0.0000
007534604 O 05/01/19
0
9041595 225/G01 F 620,000.00 ZZ
180 617,631.61 1
4.7500 4822.56 73
4.5000 4822.56
XXXXXXX XX 00000 2 04/21/04 00
0437913536 05 06/01/04 0.0000
007534611 O 05/01/19
0
9041599 225/G01 F 454,200.00 ZZ
180 452,446.87 1
4.6250 3503.69 79
4.3750 3503.69
XX XXXXXX XX 00000 2 04/19/04 00
0437907363 05 06/01/04 0.0000
007534612 O 05/01/19
0
9041601 225/G01 F 550,000.00 ZZ
180 547,942.30 1
5.0000 4349.37 60
4.7500 4349.37
XXXXXXX XXXXX XX 00000 2 04/21/04 00
0437909203 05 06/01/04 0.0000
007534734 O 05/01/19
0
9041645 225/G01 F 400,000.00 T
180 398,534.49 1
5.2500 3215.51 80
5.0000 3215.51
XXXXXXX XX 00000 1 04/16/04 00
0437907330 05 06/01/04 0.0000
006967463 O 05/01/19
0
9041653 225/G01 F 393,000.00 ZZ
180 391,483.09 1
4.6250 3031.60 42
4.3750 3031.60
XXXX XXXX XX 00000 5 04/22/04 00
0437911381 05 06/01/04 0.0000
007533487 O 05/01/19
0
9041655 225/G01 F 400,000.00 T
180 398,503.50 1
5.0000 3163.17 66
4.7500 3163.17
XXXXXXXXX XX 00000 1 04/13/04 00
0437913288 03 06/01/04 0.0000
006963531 O 05/01/19
0
9041657 225/G01 F 375,000.00 ZZ
180 372,695.11 1
4.5000 2868.72 75
4.2500 2868.72
BETHEL CT 06801 5 04/15/04 00
0437909096 05 06/01/04 0.0000
006964967 O 05/01/19
0
9041663 225/G01 F 600,000.00 ZZ
180 597,731.72 1
4.8750 4705.78 70
4.6250 4705.78
CLIFTON VA 20124 5 04/14/04 00
0437917347 05 06/01/04 0.0000
006973036 O 05/01/19
0
9041667 225/G01 F 575,000.00 ZZ
180 572,826.23 1
4.8750 4509.71 80
4.6250 4509.71
VERO BEACH FL 32967 1 04/16/04 00
0437915036 03 06/01/04 0.0000
006974052 O 05/01/19
0
9041671 225/G01 F 435,000.00 ZZ
180 433,338.30 1
4.7500 3383.57 77
4.5000 3383.57
COLUMBIA SC 29206 5 04/13/04 00
0437913692 03 06/01/04 0.0000
006974119 O 05/01/19
0
9041673 225/G01 F 600,000.00 ZZ
180 597,684.12 1
4.6250 4628.38 58
4.3750 4628.38
HUNTINGTON BE CA 92648 5 04/19/04 00
0437910557 03 06/01/04 0.0000
006975086 O 05/01/19
0
9041675 225/G01 F 369,000.00 ZZ
180 367,590.42 1
4.7500 2870.20 75
4.5000 2870.20
JACKSONVILLE FL 32224 2 04/19/04 00
0437910466 05 06/01/04 0.0000
006975859 O 05/01/19
0
9041677 225/G01 F 961,000.00 ZZ
180 952,309.21 1
4.7500 7474.96 80
4.5000 7474.96
SULLIVANS ISLASC 29482 2 04/12/04 00
0437914955 05 06/01/04 0.0000
006976378 O 05/01/19
0
9041685 225/G01 F 432,000.00 ZZ
180 430,332.56 1
4.6250 3332.44 76
4.3750 3332.44
GREENSBORO NC 27403 2 04/19/04 00
0437913346 05 06/01/04 0.0000
006977842 O 05/01/19
0
9041693 225/G01 F 643,000.00 ZZ
180 633,463.84 1
5.3750 5211.30 17
5.1250 5211.30
BEVERLY HILLS CA 90210 2 02/24/04 00
0437921323 05 04/01/04 0.0000
007525515 O 03/01/19
0
9041697 225/G01 F 450,700.00 ZZ
180 448,013.81 1
5.0000 3564.11 69
4.7500 3564.11
SCOTTSDALE AZ 85262 2 04/07/04 00
0437907595 03 06/01/04 0.0000
007529923 O 05/01/19
0
9041699 225/G01 F 436,000.00 ZZ
180 434,368.80 1
5.0000 3447.87 70
4.7500 3447.87
CHINO HILLS CA 91709 2 04/19/04 00
0437914468 05 06/01/04 0.0000
007530361 O 05/01/19
0
9041701 225/G01 F 900,000.00 ZZ
180 896,632.85 1
5.0000 7117.15 55
4.7500 7117.15
BEVERLY HILLS CA 90212 2 04/01/04 00
0437910029 05 06/01/04 0.0000
007532025 O 05/01/19
0
9041703 225/G01 F 670,000.00 ZZ
180 667,493.35 1
5.0000 5298.32 55
4.7500 5298.32
LOS ANGELES CA 90024 2 04/09/04 00
0437914054 05 06/01/04 0.0000
007532224 O 05/01/19
0
9041717 225/G01 F 430,000.00 ZZ
180 428,374.40 1
4.8750 3372.48 66
4.6250 3372.48
PALM SPRINGS CA 92262 2 04/16/04 00
0437914674 05 06/01/04 0.0000
007532593 O 05/01/19
0
9042361 Y69/G01 F 440,000.00 ZZ
180 438,319.20 1
4.7500 3422.47 80
4.5000 3422.47
SCOTTSDALE AZ 85620 1 04/22/04 00
0437902661 05 06/01/04 0.0000
1010004906 O 05/01/19
0
9042363 Y69/G01 F 712,000.00 ZZ
180 709,251.82 1
4.6250 5492.35 80
4.3750 5492.35
HOUSTON TX 77056 2 04/13/04 00
0437904055 03 06/01/04 0.0000
3020003466 O 05/01/19
0
9043501 E22/G01 F 357,500.00 ZZ
180 357,500.00 1
5.2500 2873.86 65
5.0000 2873.86
HAYWARD CA 94541 5 05/13/04 00
0420537532 05 07/01/04 0.0000
0420537532 O 06/01/19
0
9044765 E23/G01 F 178,000.00 ZZ
180 178,000.00 1
5.5000 1454.41 58
5.2500 1454.41
PICO RIVERA CA 90660 5 05/17/04 00
0437922263 05 07/01/04 0.0000
91001666 O 06/01/19
0
9046511 E82/G01 F 212,300.00 ZZ
180 212,300.00 1
5.2500 1706.63 44
5.0000 1706.63
LAS VEGAS NV 89135 2 05/21/04 00
0400981676 03 07/01/04 0.0000
0400981676 O 06/01/19
0
9051961 F28/G01 F 630,000.00 ZZ
180 627,593.40 1
4.7500 4900.35 58
4.5000 4900.35
LOS ANGELES CA 90049 2 04/29/04 00
0437913619 05 06/01/04 0.0000
7981771 O 05/01/19
0
9051963 F28/G01 F 450,000.00 ZZ
180 443,153.55 1
4.8750 3529.34 80
4.6250 3529.34
RICHARDSON TX 75082 1 01/28/04 00
0437911787 03 03/01/04 0.0000
7535660 O 02/01/19
0
9051965 F28/G01 F 430,000.00 ZZ
180 381,207.25 1
5.1250 3428.48 79
4.8750 3428.48
NEWBURYPORT MA 01950 1 04/30/04 00
0437923436 01 06/01/04 0.0000
7656995 O 05/01/19
0
9051967 F28/G01 F 528,000.00 ZZ
180 526,024.60 1
5.0000 4175.40 80
4.7500 4175.40
MORRISON CO 80465 1 04/28/04 00
0437924053 03 06/01/04 0.0000
7776595 O 05/01/19
0
9051971 F28/G01 F 390,000.00 T
180 388,571.12 1
5.2500 3135.13 73
5.0000 3135.13
FORT LAUDERDALFL 33301 1 04/30/04 00
0437922826 06 06/01/04 0.0000
7865760 O 05/01/19
0
9051973 F28/G01 F 510,000.00 ZZ
180 508,071.96 1
4.8750 3999.92 51
4.6250 3999.92
SAN MARINO CA 91108 2 04/12/04 00
0437914179 05 06/01/04 0.0000
7888018 O 05/01/19
0
9051975 F28/G01 F 369,000.00 ZZ
180 367,575.73 1
4.6250 2846.46 45
4.3750 2846.46
YORBA LINDA CA 92887 2 04/07/04 00
0437922156 05 06/01/04 0.0000
7896898 O 05/01/19
0
9051977 F28/G01 F 460,000.00 ZZ
180 458,242.80 1
4.7500 3578.03 80
4.5000 3578.03
BRIDGEHAMPTON NY 11932 1 04/26/04 00
0437916158 05 06/01/04 0.0000
7912048 O 05/01/19
0
9051981 F28/G01 F 500,000.00 ZZ
180 498,070.09 1
4.6250 3856.99 42
4.3750 3856.99
YORBA LINDA CA 92887 2 04/12/04 00
0437920028 05 06/01/04 0.0000
7923508 O 05/01/19
0
9051983 F28/G01 F 512,000.00 ZZ
180 510,084.46 1
5.0000 4048.87 75
4.7500 4048.87
EAST PALO ALTOCA 94303 2 04/22/04 00
0437922941 05 06/01/04 0.0000
7930497 O 05/01/19
0
9051987 F28/G01 F 450,000.00 ZZ
180 448,298.79 1
4.8750 3529.34 63
4.6250 3529.34
TROY MI 48098 1 04/21/04 00
0437910979 05 06/01/04 0.0000
7945529 O 05/01/19
0
9051993 F28/G01 F 475,000.00 ZZ
180 473,147.53 1
4.5000 3633.72 62
4.2500 3633.72
RANCHO SANTA MCA 92688 5 04/07/04 00
0437920275 03 06/01/04 0.0000
7957682 O 05/01/19
0
9051997 F28/G01 F 634,000.00 ZZ
180 631,603.18 1
4.8750 4972.45 40
4.6250 4972.45
HIGHLAND MI 48356 2 04/21/04 00
0437919327 05 06/01/04 0.0000
7966097 O 05/01/19
0
9052001 F28/G01 F 436,500.00 ZZ
180 434,832.57 1
4.7500 3395.24 73
4.5000 3395.24
ARVADA CO 80007 5 04/22/04 00
0437917438 05 06/01/04 0.0000
7971226 O 05/01/19
0
9052003 F28/G01 F 500,000.00 ZZ
180 500,000.00 1
4.7500 3889.16 35
4.5000 3889.16
SARATOGA CA 95070 5 04/29/04 00
0437911761 05 07/01/04 0.0000
7972564 O 06/01/19
0
9052007 F28/G01 F 376,050.00 ZZ
180 374,598.52 1
4.6250 2900.84 69
4.3750 2900.84
ST PETE BEACH FL 33706 1 04/23/04 00
0437922529 05 06/01/04 0.0000
7973347 O 05/01/19
0
9052011 F28/G01 F 525,000.00 ZZ
180 513,015.24 1
4.8750 4117.57 79
4.6250 4117.57
PLEASANTON CA 94566 2 04/20/04 00
0437923303 05 06/01/04 0.0000
1001085 O 05/01/19
0
9052017 F28/G01 F 446,000.00 ZZ
180 444,296.28 1
4.7500 3469.14 69
4.5000 3469.14
OLNEY MD 20832 2 04/23/04 00
0437924517 05 06/01/04 0.0000
1020646 O 05/01/19
0
9052019 F28/G01 F 402,500.00 ZZ
180 400,930.28 1
4.5000 3079.10 70
4.2500 3079.10
ROCHESTER HILLMI 48306 2 04/23/04 00
0437911795 05 06/01/04 0.0000
1022255 O 05/01/19
0
9052023 F28/G01 F 540,000.00 ZZ
180 537,894.03 1
4.5000 4130.97 50
4.2500 4130.97
MILTON MA 02186 2 04/26/04 00
0437920002 05 06/01/04 0.0000
1026753 O 05/01/19
0
9052025 F28/G01 F 490,200.00 ZZ
180 486,742.50 1
5.0000 3876.47 28
4.7500 3876.47
POWAY CA 92064 2 04/28/04 00
0437913478 03 06/01/04 0.0000
1027298 O 05/01/19
0
9052029 F28/G01 F 370,000.00 ZZ
180 368,542.06 1
4.3750 2806.90 68
4.1250 2806.90
UPPER MACUNGIEPA 18106 2 04/16/04 00
0437921554 05 06/01/04 0.0000
1029003 O 05/01/19
0
9052031 F28/G01 F 621,500.00 ZZ
180 619,150.43 1
4.8750 4874.41 28
4.6250 4874.41
NEWPORT BEACH CA 92663 2 04/21/04 00
0437920333 05 06/01/04 0.0000
1032831 O 05/01/19
0
9052033 F28/G01 F 480,000.00 ZZ
180 478,166.40 1
4.7500 3733.60 62
4.5000 3733.60
KENSINGTON MD 20895 2 04/21/04 00
0437916711 05 06/01/04 0.0000
1035861 O 05/01/19
0
9052039 F28/G01 F 590,000.00 ZZ
180 587,769.52 1
4.8750 4627.36 70
4.6250 4627.36
SAUGUS MA 01906 2 04/23/04 00
0437919186 05 06/01/04 0.0000
1057980 O 05/01/19
0
9052041 F28/G01 F 516,000.00 T
180 514,049.28 1
4.8750 4046.97 35
4.6250 4046.97
WILMINGTON NC 28411 2 04/29/04 00
0437913635 03 06/01/04 0.0000
1064404 O 05/01/19
0
9052043 F28/G01 F 363,000.00 ZZ
120 360,662.32 1
5.0000 3850.18 28
4.7500 3850.18
NAPLES FL 34103 2 04/26/04 00
0437921083 06 06/01/04 0.0000
1070112 O 05/01/14
0
9052045 F28/G01 F 341,000.00 ZZ
180 339,750.65 1
5.2500 2741.23 35
5.0000 2741.23
PASADENA CA 91106 2 04/14/04 00
0437921240 05 06/01/04 0.0000
1092603 O 05/01/19
0
9054286 714/G01 F 791,189.69 ZZ
180 766,918.13 1
4.8750 6205.28 61
4.6250 6205.28
MEGUON WI 53092 2 09/18/03 00
0437507783 05 11/01/03 0.0000
1 O 10/01/18
0
9058945 E82/G01 F 329,200.00 ZZ
180 329,200.00 1
4.8750 2581.91 47
4.6250 2581.91
BEL AIR MD 21015 2 05/20/04 00
0400978284 03 07/01/04 0.0000
0400978284 O 06/01/19
0
9059189 E22/G01 F 33,500.00 ZZ
180 33,500.00 1
5.8750 280.43 56
5.6250 280.43
SAGINAW MI 48607 2 05/21/04 00
0420733586 05 07/01/04 0.0000
0420733586 O 06/01/19
0
9059239 E82/G01 F 222,800.00 ZZ
180 222,800.00 1
5.0000 1761.89 41
4.7500 1761.89
CHELMSFORD MA 01824 2 05/21/04 00
0400978243 05 07/01/04 0.0000
0400978243 O 06/01/19
0
9065729 E82/G01 F 180,600.00 T
180 180,600.00 1
5.1250 1439.96 70
4.8750 1439.96
KOLOA HI 96756 2 05/26/04 00
0400974275 01 07/01/04 0.0000
0400974275 O 06/01/19
0
9073457 X91/G01 F 135,000.00 ZZ
180 135,000.00 1
5.7500 1121.05 40
5.5000 1121.05
KAILUA KONA HI 96740 1 05/25/04 00
0437942089 03 07/01/04 0.0000
806101 O 06/01/19
0
9077407 E22/G01 F 54,000.00 ZZ
180 54,000.00 1
6.0000 455.68 66
5.7500 455.68
DETROIT MI 48209 2 05/28/04 00
0421000654 05 07/01/04 0.0000
0421000654 O 06/01/19
0
9083420 E82/G01 F 254,000.00 ZZ
180 251,253.78 2
5.5000 2075.39 56
5.2500 2075.39
BROOKLYN NY 11236 2 01/29/04 00
0400942710 05 04/01/04 0.0000
0400942710 O 03/01/19
0
9127914 E82/G01 F 151,400.00 ZZ
180 149,780.11 1
5.6250 1247.13 64
5.3750 1247.13
HAVERSTRAW NY 10927 2 02/13/04 00
0400941704 05 04/01/04 0.0000
0400941704 O 03/01/19
0
9129366 W02/G01 F 56,500.00 ZZ
180 55,668.02 1
5.5000 461.66 30
5.2500 461.66
SMITHFIELD VA 23430 2 02/12/04 00
0437478407 05 04/01/04 0.0000
1 O 03/01/19
0
9146910 E82/G01 F 192,700.00 ZZ
180 190,572.69 1
5.2500 1549.07 57
5.0000 1549.07
HEATH TX 75032 2 02/19/04 00
0400942918 03 04/01/04 0.0000
0400942918 O 03/01/19
0
9159940 E22/G01 F 30,000.00 ZZ
180 29,628.71 1
5.3750 243.14 59
5.1250 243.14
COCHRAN GA 31014 5 02/24/04 00
0419854211 05 04/01/04 0.0000
0419854211 O 03/01/19
0
9177810 E82/G01 F 535,750.00 ZZ
180 531,856.58 1
5.3750 4342.07 80
5.1250 4342.07
PLEASANTVILLE NY 10570 2 03/04/04 00
0400948626 05 05/01/04 0.0000
0400948626 O 04/01/19
0
9181012 M45/G01 F 470,000.00 ZZ
180 464,811.43 1
5.2500 3778.23 74
5.0000 3778.23
GAITHERSBURG MD 20882 2 02/20/04 00
0437573892 05 04/01/04 0.0000
A0645305 O 03/01/19
0
9203536 F28/G01 F 665,000.00 ZZ
180 657,734.70 1
5.3750 5389.60 59
5.1250 5389.60
SAN DIEGO CA 92110 2 02/05/04 00
0437637580 05 04/01/04 0.0000
7252427 O 03/01/19
0
9203570 F28/G01 F 372,000.00 ZZ
180 366,174.13 1
5.2500 2990.43 35
5.0000 2990.43
SEATTLE WA 98117 2 03/01/04 00
0437627334 05 04/01/04 0.0000
7513863 O 03/01/19
0
9203586 F28/G01 F 542,500.00 ZZ
180 536,634.54 1
5.5000 4432.68 55
5.2500 4432.68
COLUMBIA MO 65203 2 02/18/04 00
0437634454 05 04/01/04 0.0000
7600809 O 03/01/19
0
9206256 K15/G01 F 93,000.00 ZZ
180 92,288.09 1
4.7500 723.38 47
4.5000 723.38
COTTAGE GROVE MN 55016 2 03/05/04 00
0437636442 05 05/01/04 0.0000
015505519168 O 04/01/19
0
9224940 E82/G01 F 287,900.00 ZZ
180 282,860.61 1
5.0000 2276.69 58
4.7500 2276.69
ALBURQUERQUE NM 87114 2 03/22/04 00
0400961520 05 05/01/04 0.0000
0400961520 O 04/01/19
0
9245640 253/253 F 650,000.00 ZZ
180 642,749.47 1
5.1250 5182.59 54
4.8750 5182.59
WOODINVILLE WA 98072 1 02/24/04 00
342682 05 04/01/04 0.0000
342682 O 03/01/19
0
9252862 E82/G01 F 547,200.00 ZZ
180 541,969.29 1
5.2500 4398.82 56
5.0000 4398.82
EAST GREENWICHRI 02818 2 03/29/04 00
0400960837 05 05/01/04 0.0000
0400960837 O 04/01/19
0
9252894 E82/G01 F 353,500.00 ZZ
180 352,177.46 1
5.0000 2795.46 47
4.7500 2795.46
DANVILLE CA 94526 5 03/26/04 00
0400962130 05 06/01/04 0.0000
0400962130 O 05/01/19
0
9252916 E82/G01 F 229,600.00 ZZ
180 228,758.80 1
5.2500 1845.70 39
5.0000 1845.70
TRINIDAD CA 95570 2 03/26/04 00
0400961991 05 06/01/04 0.0000
0400961991 O 05/01/19
0
9252920 E82/G01 F 369,500.00 ZZ
180 368,117.60 1
5.0000 2921.98 53
4.7500 2921.98
BURLINGAME CA 94010 2 03/26/04 00
0400966289 05 06/01/04 0.0000
0400966289 O 05/01/19
0
9257032 Y21/G01 F 355,000.00 ZZ
180 352,064.42 1
5.1250 2830.49 57
4.8750 2830.49
HENDERSON NV 89052 1 03/02/04 00
0437679798 03 05/01/04 0.0000
204107849 O 04/01/19
0
9259900 X05/G01 F 635,000.00 ZZ
180 630,189.05 1
4.8750 4980.29 53
4.6250 4980.29
NEWPORT BEACH CA 92660 2 03/25/04 00
0437652282 05 05/01/04 0.0000
11403136 O 04/01/19
0
9261424 H58/G01 F 641,000.00 ZZ
180 636,143.58 1
4.8750 5027.35 52
4.6250 5027.35
ORINDA CA 94563 2 03/16/04 00
0437680259 05 05/01/04 0.0000
0000219254 O 04/01/19
0
9262090 E82/G01 F 157,200.00 ZZ
180 153,628.36 1
5.1250 1253.39 38
4.8750 1253.39
PARAMUS NJ 07652 2 03/23/04 00
0400950911 05 05/01/04 0.0000
0400950911 O 04/01/19
0
9264248 E82/G01 F 290,000.00 ZZ
180 288,903.67 1
4.8750 2274.46 65
4.6250 2274.46
LAKEWOOD CO 80228 2 04/02/04 00
0400965109 03 06/01/04 0.0000
0400965109 O 05/01/19
0
9265014 E22/G01 F 195,000.00 ZZ
180 193,568.01 1
5.2500 1567.56 60
5.0000 1567.56
STERLING HEIGHMI 48314 5 03/31/04 00
0420348716 05 05/01/04 0.0000
0420348716 O 04/01/19
0
9267134 H58/G01 F 558,000.00 ZZ
120 550,750.20 1
4.8750 5884.43 47
4.6250 5884.43
ELK GROVE CA 95624 5 03/19/04 00
0437667595 05 05/01/04 0.0000
0000219088 O 04/01/14
0
9267348 Q31/G01 F 378,000.00 ZZ
180 376,600.49 1
5.1250 3013.88 61
4.8750 3013.88
SAN DIEGO CA 92119 2 04/02/04 00
0437699382 05 06/01/04 0.0000
HS909607 O 05/01/19
0
9267886 144/144 F 360,000.00 ZZ
180 356,066.62 1
5.1250 2870.35 45
4.8750 2870.35
PLEASANTVILLE NY 10570 2 03/19/04 00
16075021600000 05 05/01/04 0.0000
04LEVYG O 04/01/19
0
9270310 K15/G01 F 77,400.00 ZZ
180 76,813.59 1
4.8750 607.05 48
4.6250 607.05
EPHRATA PA 17522 2 03/19/04 00
0437688344 05 05/01/04 0.0000
034405529032 O 04/01/19
0
9270850 P44/G01 F 130,000.00 ZZ
180 129,513.64 1
5.0000 1028.03 45
4.7500 1028.03
MARSTONS MILLSMA 02648 5 03/31/04 00
0437853104 05 06/01/04 0.0000
1 O 05/01/19
0
9271104 X64/G01 F 183,900.00 ZZ
180 182,521.09 1
5.0000 1454.27 50
4.7500 1454.27
PLYMOUTH MI 48170 5 03/30/04 00
0437758105 05 05/01/04 0.0000
0000067740 O 04/01/19
0
9274450 K15/G01 F 74,000.00 ZZ
180 73,427.66 1
4.6250 570.83 57
4.3750 570.83
COCOA FL 32927 2 03/25/04 00
0437695489 05 05/01/04 0.0000
033805530663 O 04/01/19
0
9274780 E82/G01 F 171,000.00 ZZ
180 170,353.54 1
4.8750 1341.15 55
4.6250 1341.15
BLOOMINGTON MN 55438 2 04/06/04 00
0400967196 05 06/01/04 0.0000
0400967196 O 05/01/19
0
9275066 Y94/G01 F 713,000.00 ZZ
180 710,304.52 1
4.8750 5592.04 41
4.6250 5592.04
SARATOGA CA 95070 2 03/29/04 00
0437697949 05 06/01/04 0.0000
0000010066 O 05/01/19
0
9275772 Y94/G01 F 620,000.00 ZZ
180 615,302.70 1
4.8750 4862.64 65
4.6250 4862.64
SARATOGA CA 95070 2 03/24/04 00
0437698897 03 05/01/04 0.0000
0000010184 O 04/01/19
0
9279258 E22/G01 F 555,000.00 ZZ
180 552,901.84 1
4.8750 4352.85 27
4.6250 4352.85
PALM BEACH FL 33480 2 04/05/04 00
0420371148 05 06/01/04 0.0000
0420371148 O 05/01/19
0
9279694 E22/G01 F 180,000.00 ZZ
180 179,319.51 1
4.8750 1411.74 53
4.6250 1411.74
NORTH BRANCH MN 55056 5 04/05/04 00
0420118846 05 06/01/04 0.0000
0420118846 O 05/01/19
0
9281508 K15/G01 F 63,744.32 ZZ
180 63,505.83 1
5.0000 504.09 61
4.7500 504.09
IRVING TX 75061 2 04/08/04 00
0437717366 09 06/01/04 0.0000
019705518159 O 05/01/19
0
9284468 Y94/G01 F 540,000.00 ZZ
180 535,908.79 1
4.8750 4235.21 68
4.6250 4235.21
MORGAN HILL CA 95037 2 03/26/04 00
0437718414 03 05/01/04 0.0000
000001081 O 04/01/19
0
9284560 Y94/G01 F 380,000.00 ZZ
180 375,672.72 1
4.8750 2980.33 66
4.6250 2980.33
ARCATA CA 95521 2 03/31/04 00
0437774920 05 04/01/04 0.0000
0000010281 O 03/01/19
0
9285140 Y62/G01 F 1,000,000.00 ZZ
180 992,423.70 1
4.8750 7842.97 55
4.6250 7842.97
DIAMOND BAR CA 91765 5 03/24/04 00
0437781784 03 05/01/04 0.0000
8910523000 O 04/01/19
0
9435978 E23/G01 F 416,500.00 ZZ
180 414,925.43 1
4.8750 3266.60 66
4.6250 3266.60
BELLEVUE WA 98008 2 04/02/04 00
0437820970 05 06/01/04 0.0000
11027545 O 05/01/19
0
9437864 X31/G01 F 563,500.00 ZZ
180 561,347.44 1
4.7500 4383.08 69
4.5000 4383.08
HENDERSON NV 89052 2 04/15/04 00
0437776842 03 06/01/04 0.0000
59001681 O 05/01/19
0
9437882 X31/G01 F 395,000.00 ZZ
180 393,522.20 1
5.0000 3123.63 22
4.7500 3123.63
LAGUNA BEACH CA 92651 2 04/03/04 00
0437776651 05 06/01/04 0.0000
80004275 O 05/01/19
0
9438082 X31/G01 F 650,000.00 ZZ
180 647,542.70 1
4.8750 5097.93 55
4.6250 5097.93
WALNUT CREEK CA 94598 2 04/01/04 00
0437778228 05 06/01/04 0.0000
80004151 O 05/01/19
0
9438096 X31/G01 F 365,000.00 ZZ
180 363,634.43 1
5.0000 2886.40 38
4.7500 2886.40
LONG BEACH CA 90814 2 04/14/04 00
0437778459 03 06/01/04 0.0000
80004318 O 05/01/19
0
9439476 E23/G01 F 139,000.00 ZZ
180 138,474.52 1
4.8750 1090.17 61
4.6250 1090.17
SAN BERNARDINOCA 92407 2 04/09/04 00
0437862790 05 06/01/04 0.0000
51042849 O 05/01/19
0
9439486 E23/G01 F 168,000.00 ZZ
180 167,390.92 1
5.3750 1361.58 58
5.1250 1361.58
MONTEBELLO CA 90640 2 04/21/04 00
0437809197 05 06/01/04 0.0000
51042835 O 05/01/19
0
9441012 E23/G01 F 620,000.00 ZZ
180 617,656.11 1
4.8750 4862.64 65
4.6250 4862.64
RANCHO PALOS VCA 90275 2 04/27/04 00
0437841976 05 06/01/04 0.0000
51042557 O 05/01/19
0
9441090 E23/G01 F 80,000.00 ZZ
180 79,713.00 1
5.5000 653.67 28
5.2500 653.67
OAKLAND CA 94621 5 04/29/04 00
0437834005 05 06/01/04 0.0000
61015995 O 05/01/19
0
Total Number of Loans 379
Total Original Balance 155,849,253.01
Total Principal Balance 155,008,185.46
Total Original P+I 1,236,390.99
Total Current P+I 1,236,390.99
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
8262577 0.2500
490083.47 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
4.7500 0.5450
8478131 0.2500
566655.59 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8627476 0.2500
168227.51 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8660810 0.2500
222903.83 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8733348 0.2500
206816.27 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
4.7500 0.6700
8921843 0.2500
596446.63 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8931651 0.2500
173873.02 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8933599 0.2500
393506.72 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8933639 0.2500
458260.98 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8934499 0.2500
587792.65 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8934749 0.2500
397989.70 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8935826 0.2500
57717.02 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8938669 0.2500
388257.18 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8938699 0.2500
176842.83 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8939451 0.2500
996180.01 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8939681 0.2500
217167.25 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8940411 0.2500
163577.10 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8942107 0.2500
377582.06 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8942519 0.2500
211024.02 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8943377 0.2500
101334.45 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8947475 0.2500
329649.04 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8947575 0.2500
348717.68 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8948435 0.2500
577807.32 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8948931 0.2500
428374.40 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8948961 0.2500
567483.71 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8949667 0.2500
744317.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8949677 0.2500
420225.48 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8949691 0.2500
347429.73 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8949839 0.2500
369210.68 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8949851 0.2500
383165.37 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8953457 0.2500
398502.49 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8953483 0.2500
580795.99 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8953879 0.2500
212402.36 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8954725 0.2500
377268.34 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8956049 0.2500
416883.36 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8956095 0.2500
764286.17 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8956135 0.2500
466475.86 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8956253 0.2500
794001.49 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8956285 0.2500
545833.03 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8956479 0.2500
471438.39 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8956555 0.2500
473185.50 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8956643 0.2500
632599.40 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8956823 0.2500
405477.29 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8956831 0.2500
389128.16 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
8956855 0.2500
645176.62 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8956905 0.2500
129523.71 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8958759 0.2500
404042.25 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
8959479 0.2500
498109.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8959545 0.2500
265492.51 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8959561 0.2500
187588.14 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8959621 0.2500
382249.43 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8960425 0.2500
498109.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8960933 0.2500
597731.72 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8960977 0.2500
547942.31 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8961241 0.2500
522019.03 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8961579 0.2500
744258.68 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8961581 0.2500
357328.61 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8961605 0.2500
488349.08 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8962865 0.2500
858775.03 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8962925 0.2500
917554.29 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8964161 0.2500
590758.18 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8964687 0.2500
367692.29 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8964939 0.2500
179340.52 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8964955 0.2500
161412.68 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
8964967 0.2500
337183.77 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8964971 0.2500
320583.44 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8965401 0.2500
290907.55 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8967099 0.2500
893110.41 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8970917 0.2500
378578.31 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8970955 0.2500
486287.61 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8971003 0.2500
504087.08 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8971061 0.2500
586948.05 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8973661 0.2500
363918.99 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8973727 0.2500
346684.39 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976055 0.2500
545380.38 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976065 0.2500
418428.67 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8976367 0.2500
398471.01 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8976451 0.2500
373582.32 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976579 0.2500
425385.74 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976603 0.2500
612675.01 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976641 0.2500
435347.93 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8976799 0.2500
566572.33 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8977121 0.2500
981314.85 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8977385 0.2500
1095850.13 0.0300
4.9000 0.0000
4.6500 0.0000
4.6200
4.6200 0.0000
8977654 0.2500
171210.13 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
8977761 0.2500
397491.59 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8978325 0.2500
455290.24 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8979461 0.2500
468223.18 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8979479 0.2500
341942.59 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8980067 0.2500
378563.42 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8980403 0.2500
513032.71 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8981041 0.2500
737800.18 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8981243 0.2500
548916.96 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8981251 0.2500
498109.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8981519 0.2500
382200.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8981523 0.2500
460000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8981649 0.2500
149936.94 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8981693 0.2500
366125.08 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8981697 0.2500
348676.84 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8982097 0.2500
308840.21 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8982241 0.2500
198247.69 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8982493 0.2500
393491.10 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8982561 0.2500
383544.51 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8982607 0.2500
229070.24 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8983283 0.2500
612675.01 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8983537 0.2500
410458.60 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8983539 0.2500
423393.29 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8983545 0.2500
452518.38 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8983551 0.2500
564856.47 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8983563 0.2500
478222.86 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8983593 0.2500
644579.39 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8983797 0.2500
219100.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8984565 0.2500
103132.60 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
4.7500 0.5450
8984747 0.2500
76708.90 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8985123 0.2500
74118.73 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8985983 0.2500
36864.45 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8986115 0.2500
36373.15 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
4.7500 0.7950
8986243 0.2500
129513.64 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986265 0.2500
127022.99 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986345 0.2500
249064.69 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986363 0.2500
627643.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986415 0.2500
379574.58 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986417 0.2500
128052.69 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8986423 0.2500
834864.81 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986431 0.2500
828887.26 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986485 0.2500
332438.46 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8986511 0.2500
162147.44 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8986537 0.2500
170360.24 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986563 0.2500
733246.42 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8986621 0.2500
297734.58 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8986801 0.2500
543957.26 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8987043 0.2500
381625.99 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8988101 0.2500
393506.72 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8988253 0.2500
248944.17 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
8988357 0.2500
350000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8988397 0.2500
125000.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8988409 0.2500
398600.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8988601 0.2500
227138.05 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8988711 0.2500
530009.65 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8988903 0.2500
376600.50 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8989291 0.2500
275949.03 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8989299 0.2500
320807.84 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8991207 0.2500
405477.30 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8991217 0.2500
436734.96 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8991249 0.2500
468241.60 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8992889 0.2500
170000.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8993329 0.2500
398438.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8993765 0.2500
496006.11 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8994861 0.2500
370608.25 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8995051 0.2500
300870.13 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8995373 0.2500
76708.90 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8995405 0.2500
50908.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8995805 0.2500
420000.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8996121 0.2500
515000.00 0.0300
4.8500 0.0000
4.6000 0.0000
4.5700
4.5700 0.0000
8996539 0.2500
325016.62 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8996563 0.2500
478204.19 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8996581 0.2500
298877.62 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8996583 0.2500
471000.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8996611 0.2500
520026.60 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997087 0.2500
469219.39 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997089 0.2500
416137.28 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8997091 0.2500
558761.97 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
8997095 0.2500
498090.01 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8997097 0.2500
438301.68 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
8997103 0.2500
576239.83 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997107 0.2500
429669.99 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8997109 0.2500
532935.00 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
8997119 0.2500
423426.48 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997121 0.2500
442089.64 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8997123 0.2500
572826.22 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997125 0.2500
511259.86 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997127 0.2500
413414.71 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8997131 0.2500
482189.22 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8997135 0.2500
381581.99 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997137 0.2500
639598.10 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8997141 0.2500
386713.44 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997159 0.2500
464490.86 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8997161 0.2500
359313.76 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997167 0.2500
420935.75 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997169 0.2500
493109.11 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8997171 0.2500
480215.45 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997173 0.2500
697408.33 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8997179 0.2500
482317.91 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997181 0.2500
498109.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8997183 0.2500
443300.10 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
8997185 0.2500
417560.90 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
8997187 0.2500
380570.84 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8997415 0.2500
436759.83 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
8998891 0.2500
311000.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
8999056 0.2500
114881.97 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
8999237 0.2500
905065.44 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
8999533 0.2500
157589.38 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9000609 0.2500
478185.37 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9000771 0.2500
375574.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9003287 0.2500
416419.77 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9003345 0.2500
160000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9003381 0.2500
433355.50 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9003721 0.2500
398477.85 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9003725 0.2500
389054.22 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9004097 0.2500
394502.93 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9004611 0.2500
636000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9004631 0.2500
635613.06 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9004759 0.2500
487170.52 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9004765 0.2500
609212.21 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9004777 0.2500
478204.18 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9004803 0.2500
445327.65 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9004819 0.2500
202256.26 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9005741 0.2500
454239.92 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9005815 0.2500
213190.98 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9007835 0.2500
239100.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9007845 0.2500
505300.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9007897 0.2500
438500.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9007995 0.2500
600000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9008017 0.2500
208000.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9008129 0.2500
595550.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9008253 0.2500
225000.00 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9008593 0.2500
79000.00 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9008613 0.2500
93000.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9008879 0.2500
106000.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9008985 0.2500
428374.40 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9010895 0.2500
165000.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9010903 0.2500
429200.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9012235 0.2500
823000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9012283 0.2500
469000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9012855 0.2500
377069.09 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9014147 0.2500
380000.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9015763 0.2500
123800.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9016127 0.2500
498109.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9016303 0.2500
459129.38 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9017083 0.2500
183000.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9017095 0.2500
232600.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9017129 0.2500
399900.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9017443 0.2500
398450.17 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9017885 0.2500
107604.31 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9019685 0.2500
523015.25 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9021405 0.2500
996297.63 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9021737 0.2500
155600.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9021751 0.2500
399900.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9022895 0.2500
200000.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9024207 0.2500
375574.76 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9025971 0.2500
385700.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9026017 0.2500
291000.00 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9027469 0.2500
392300.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9027799 0.2500
199500.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9028203 0.2500
375000.00 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9028527 0.2500
433372.55 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9028787 0.2500
388500.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9028883 0.2500
430000.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9029409 0.2500
354500.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9030645 0.2500
222174.38 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9030657 0.2500
116500.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9030683 0.2500
420000.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9030919 0.2500
199251.74 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9031159 0.2500
450000.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9031973 0.2500
530009.64 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9032310 0.2500
167054.96 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9032601 0.2500
124700.00 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
4.7500 0.5450
9032611 0.2500
197000.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9032617 0.2500
286500.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9032623 0.2500
503200.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9035435 0.2500
602500.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9035491 0.2500
424500.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9038723 0.2500
428424.57 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9039279 0.2500
454738.00 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9039455 0.2500
126000.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9039459 0.2500
364400.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9040523 0.2500
185000.00 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9041575 0.2500
562931.89 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9041581 0.2500
647508.33 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041585 0.2500
498070.09 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9041589 0.2500
449775.27 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9041595 0.2500
617631.61 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9041599 0.2500
452446.87 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9041601 0.2500
547942.30 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041645 0.2500
398534.49 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9041653 0.2500
391483.09 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9041655 0.2500
398503.50 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041657 0.2500
372695.11 0.0300
4.5000 0.0000
4.2500 0.0000
4.2200
4.2200 0.0000
9041663 0.2500
597731.72 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9041667 0.2500
572826.23 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9041671 0.2500
433338.30 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9041673 0.2500
597684.12 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9041675 0.2500
367590.42 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9041677 0.2500
952309.21 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9041685 0.2500
430332.56 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9041693 0.2500
633463.84 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9041697 0.2500
448013.81 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041699 0.2500
434368.80 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041701 0.2500
896632.85 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041703 0.2500
667493.35 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9041717 0.2500
428374.40 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9042361 0.2500
438319.20 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9042363 0.2500
709251.82 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9043501 0.2500
357500.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9044765 0.2500
178000.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9046511 0.2500
212300.00 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9051961 0.2500
627593.40 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9051963 0.2500
443153.55 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9051965 0.2500
381207.25 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9051967 0.2500
526024.60 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9051971 0.2500
388571.12 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9051973 0.2500
508071.96 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9051975 0.2500
367575.73 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9051977 0.2500
458242.80 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9051981 0.2500
498070.09 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9051983 0.2500
510084.46 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9051987 0.2500
448298.79 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9051993 0.2500
473147.53 0.0300
4.5000 0.0000
4.2500 0.0000
4.2200
4.2200 0.0000
9051997 0.2500
631603.18 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9052001 0.2500
434832.57 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9052003 0.2500
500000.00 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9052007 0.2500
374598.52 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9052011 0.2500
513015.24 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9052017 0.2500
444296.28 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9052019 0.2500
400930.28 0.0300
4.5000 0.0000
4.2500 0.0000
4.2200
4.2200 0.0000
9052023 0.2500
537894.03 0.0300
4.5000 0.0000
4.2500 0.0000
4.2200
4.2200 0.0000
9052025 0.2500
486742.50 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9052029 0.2500
368542.06 0.0300
4.3750 0.0000
4.1250 0.0000
4.0950
4.0950 0.0000
9052031 0.2500
619150.43 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9052033 0.2500
478166.40 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9052039 0.2500
587769.52 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9052041 0.2500
514049.28 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9052043 0.2500
360662.32 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9052045 0.2500
339750.65 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9054286 0.2500
766918.13 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9058945 0.2500
329200.00 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9059189 0.2500
33500.00 0.0800
5.8750 0.0000
5.6250 0.0000
5.5450
4.7500 0.7950
9059239 0.2500
222800.00 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9065729 0.2500
180600.00 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9073457 0.2500
135000.00 0.0800
5.7500 0.0000
5.5000 0.0000
5.4200
4.7500 0.6700
9077407 0.2500
54000.00 0.0800
6.0000 0.0000
5.7500 0.0000
5.6700
4.7500 0.9200
9083420 0.2500
251253.78 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9127914 0.2500
149780.11 0.0800
5.6250 0.0000
5.3750 0.0000
5.2950
4.7500 0.5450
9129366 0.2500
55668.02 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9146910 0.2500
190572.69 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9159940 0.2500
29628.71 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9177810 0.2500
531856.58 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9181012 0.2500
464811.43 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9203536 0.2500
657734.70 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9203570 0.2500
366174.13 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9203586 0.2500
536634.54 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
9206256 0.2500
92288.09 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9224940 0.2500
282860.61 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9245640 0.2500
642749.47 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9252862 0.2500
541969.29 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9252894 0.2500
352177.46 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9252916 0.2500
228758.80 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9252920 0.2500
368117.60 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9257032 0.2500
352064.42 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9259900 0.2500
630189.05 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9261424 0.2500
636143.58 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9262090 0.2500
153628.36 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9264248 0.2500
288903.67 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9265014 0.2500
193568.01 0.0800
5.2500 0.0000
5.0000 0.0000
4.9200
4.7500 0.1700
9267134 0.2500
550750.20 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9267348 0.2500
376600.49 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9267886 0.2500
356066.62 0.0800
5.1250 0.0000
4.8750 0.0000
4.7950
4.7500 0.0450
9270310 0.2500
76813.59 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9270850 0.2500
129513.64 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9271104 0.2500
182521.09 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9274450 0.2500
73427.66 0.0300
4.6250 0.0000
4.3750 0.0000
4.3450
4.3450 0.0000
9274780 0.2500
170353.54 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9275066 0.2500
710304.52 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9275772 0.2500
615302.70 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9279258 0.2500
552901.84 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9279694 0.2500
179319.51 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9281508 0.2500
63505.83 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9284468 0.2500
535908.79 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9284560 0.2500
375672.72 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9285140 0.2500
992423.70 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9435978 0.2500
414925.43 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9437864 0.2500
561347.44 0.0300
4.7500 0.0000
4.5000 0.0000
4.4700
4.4700 0.0000
9437882 0.2500
393522.20 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9438082 0.2500
647542.70 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9438096 0.2500
363634.43 0.0300
5.0000 0.0000
4.7500 0.0000
4.7200
4.7200 0.0000
9439476 0.2500
138474.52 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9439486 0.2500
167390.92 0.0800
5.3750 0.0000
5.1250 0.0000
5.0450
4.7500 0.2950
9441012 0.2500
617656.11 0.0300
4.8750 0.0000
4.6250 0.0000
4.5950
4.5950 0.0000
9441090 0.2500
79713.00 0.0800
5.5000 0.0000
5.2500 0.0000
5.1700
4.7500 0.4200
Total Number of Loans: 379
Total Original Balance: 155,849,253.01
Total Principal Balance: 155,008,185.46
Total Original P+I: 1,236,390.99
Total Current P+I: 1,236,390.99
EXHIBIT FIVE
INFORMATION TO BE INCLUDED IN
MONTHLY DISTRIBUTION DATE STATEMENT
(i) (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;
(ii) the amount of such distribution to Holders of such Class of
Certificates allocable to interest;
(iii) 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;
(iv) the amount of any Advance by the Master Servicer pursuant to
Section 4.04;
(v) the number and aggregate Stated Principal Balance of the
Mortgage Loans and of the Group I Loans, Group II Loans and Group III
Loans determined separately after giving effect to the distribution of
principal on such Distribution Date;
(vi) the aggregate Certificate Principal Balance of each Class of
Certificates and the related Senior Percentage, 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;
(vii) the related Subordinate Principal Distribution Amount and
Prepayment Distribution Percentage, if applicable;
(viii) on the basis of the most recent reports furnished to it by
Sub-Servicers, (a) the number and aggregate principal balances of
Mortgage Loans that are Delinquent (1) 30-59 days, (2) 60-89 days and
(3) 90 or more days and the number and aggregate principal balance of
Mortgage Loans that are in foreclosure, (b) the number and aggregate
principal balances of Reportable Modified Mortgage Loans that are
Delinquent (1) 30-59 days, (2) 60-89 days and (3) 90 or more days and
the number and aggregate principal balance of Reportable Modified
Mortgage Loans that are in foreclosure and are REO Property, indicating
in each case capitalized Mortgage Loans, other Servicing Modifications
and totals, and (c) for all Reportable Modified Mortgage Loans, the
number and aggregate Stated Principal Balance of Reportable Modified
Mortgage Loans that have been liquidated, the subject of pay-offs and
that have been repurchased by the Master Servicer or Seller;
(ix) the number, aggregate principal balance and book value of
any REO Properties;
-1-
(x) 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;
(xi) each Special Hazard Amount, Fraud Loss Amount and Bankruptcy
Amount as of the close of business on such Distribution Date and a
description of any change in the calculation of such amounts;
(xii) the weighted average Pool Strip Rate for such Distribution
Date, the Pass- Through Rates with respect to the Adjustable Rate
Certificates and Class A-V Certificates and each Subclass, if any,
thereof;
(xii) the Notional Amount with respect to each class of Interest
Only Certificates and each Subclass Notional Amount;
(xiv) the occurrence of either Credit Support Depletion Date;
(xv) the related Senior Accelerated Distribution Percentage
applicable to such distribution;
(xvi) the related Senior Percentage for such Distribution Date;
(xvii) the aggregate amount of Realized Losses for such
Distribution Date;
(xviii)the aggregate amount of any recoveries on previously
foreclosed loans from Sellers due to a breach of representation or
warranty assigned to the Trustee pursuant to Section 2.04;
(xix) the weighted average remaining term to maturity of the
Mortgage Loans after giving effect to the amounts distributed on such
Distribution Date; and
(xx) the weighted average Mortgage Rates of the Mortgage Loans
after giving effect to the amounts distributed on such Distribution
Date.
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 will initially be located at
xxxx://xxx.xxxxxxxx.xxx/xxx. To receive this statement via first class mail,
telephone the Trustee at (000) 000-0000.
-2-
EXHIBIT SIX
STANDARD TERMS OF POOLING AND SERVICING
AGREEMENT DATED AS OF JUNE 1, 2004
EXECUTION COPY
STANDARD TERMS OF
POOLING AND SERVICING AGREEMENT
Dated as of June 1, 2004
Residential Funding Mortgage Securities I, Inc.
Mortgage Pass-Through Certificates
TABLE OF CONTENTS
PAGE
ARTICLE I
DEFINITIONS
Section 1.01 Definitions............................................................1
Section 1.02 Use of Words and Phrases..............................................31
ARTICLE II
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
Section 2.01 Conveyance of Mortgage Loans..........................................31
Section 2.02 Acceptance by Trustee.................................................37
Section 2.03 Representations, Warranties and Covenants of the Master Servicer and the
Company...............................................................39
Section 2.04 Representations and Warranties of Sellers.............................40
Section 2.05 Execution and Authentication of Certificates/Issuance of Certificates
Evidencing Interests in REMIC I.......................................42
Section 2.06 Conveyance of Uncertificated REMIC I and REMIC II Regular Interests;
Acceptance by the Trustee.............................................42
Section 2.07 Issuance of Certificates Evidencing Interests in REMIC II.............43
Section 2.08 Purposes and Powers of the Trust......................................43
ARTICLE III
ADMINISTRATION AND SERVICING
OF MORTGAGE LOANS
Section 3.01 Master Servicer to Act as Servicer....................................43
Section 3.02 Subservicing Agreements Between Master Servicer and Subservicers;
Enforcement of Subservicers' and Sellers' Obligations.................45
Section 3.03 Successor Subservicers................................................46
Section 3.04 Liability of the Master Servicer......................................46
Section 3.05 No Contractual Relationship Between Subservicer and Trustee or
Certificateholders....................................................46
Section 3.06 Assumption or Termination of Subservicing Agreements by Trustee.......47
Section 3.07 Collection of Certain Mortgage Loan Payments; Deposits to Custodial
Account...............................................................47
Section 3.08 Subservicing Accounts; Servicing Accounts.............................50
Section 3.09 Access to Certain Documentation and Information Regarding the Mortgage
Loans.................................................................52
Section 3.10 Permitted Withdrawals from the Custodial Account......................52
Section 3.11 Maintenance of the Primary Insurance Policies; Collections Thereunder
.....................................................................54
i
Section 3.12 Maintenance of Fire Insurance and Omissions and Fidelity Coverage.....55
Section 3.13 Enforcement of Due-on-Sale Clauses; Assumption and Modification
Agreements; Certain Assignments.......................................56
Section 3.14 Realization Upon Defaulted Mortgage Loans.............................58
Section 3.15 Trustee to Cooperate; Release of Mortgage Files.......................62
Section 3.16 Servicing and Other Compensation; Compensating Interest...............63
Section 3.17 Reports to the Trustee and the Company................................64
Section 3.18 Annual Statement as to Compliance.....................................64
Section 3.19 Annual Independent Public Accountants' Servicing Report...............65
Section 3.20 Rights of the Company in Respect of the Master Servicer...............65
Section 3.21 Administration of Buydown Funds.......................................65
Section 3.22 Advance Facility......................................................66
ARTICLE IV
PAYMENTS TO CERTIFICATEHOLDERS
Section 4.01 Certificate Account...................................................70
Section 4.02 Distributions.........................................................71
Section 4.03 Statements to Certificateholders......................................71
Section 4.04 Distribution of Reports to the Trustee and the Company; Advances by the
Master Servicer.......................................................73
Section 4.05 Allocation of Realized Losses.........................................74
Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........74
Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................74
Section 4.08 Surety Bond...........................................................75
ARTICLE V
THE CERTIFICATES
Section 5.01 The Certificates......................................................75
Section 5.02 Registration of Transfer and Exchange of Certificates.................78
Section 5.03 Mutilated, Destroyed, Lost or Stolen Certificates.....................83
Section 5.04 Persons Deemed Owners.................................................84
Section 5.05 Appointment of Paying Agent...........................................84
ARTICLE VI
THE COMPANY AND THE MASTER SERVICER
Section 6.01 Respective Liabilities of the Company and the Master Servicer.........85
Section 6.02 Merger or Consolidation of the Company or the Master Servicer; Assignment
of Rights and Delegation of Duties by Master Servicer.................85
Section 6.03 Limitation on Liability of the Company, the Master Servicer and Others
.....................................................................86
Section 6.04 Company and Master Servicer Not to Resign.............................87
ARTICLE VII
ii
DEFAULT
Section 7.01 Events of Default.....................................................87
Section 7.02 Trustee or Company to Act; Appointment of Successor...................89
Section 7.03 Notification to Certificateholders....................................90
Section 7.04 Waiver of Events of Default...........................................90
ARTICLE VIII
CONCERNING THE TRUSTEE
Section 8.01 Duties of Trustee.....................................................91
Section 8.02 Certain Matters Affecting the Trustee.................................92
Section 8.03 Trustee Not Liable for Certificates or Mortgage Loans.................94
Section 8.04 Trustee May Own Certificates..........................................94
Section 8.05 Master Servicer to Pay Trustee's Fees and Expenses; Indemnification...94
Section 8.06 Eligibility Requirements for Trustee..................................95
Section 8.07 Resignation and Removal of the Trustee................................96
Section 8.08 Successor Trustee.....................................................97
Section 8.09 Merger or Consolidation of Trustee....................................97
Section 8.10 Appointment of Co-Trustee or Separate Trustee.........................97
Section 8.11 Appointment of Custodians.............................................98
Section 8.12 Appointment of Office or Agency.......................................99
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
.....................................................................99
Section 9.02 Additional Termination Requirements..................................103
Section 9.03 Termination of Multiple REMICs.......................................103
ARTICLE X
REMIC PROVISIONS
Section 10.01 REMIC Administration.................................................103
Section 10.02 Master Servicer, REMIC Administrator and Trustee Indemnification
....................................................................107
Section 10.03 Designation of REMIC(s)..............................................108
ARTICLE XI
MISCELLANEOUS PROVISIONS
Section 11.01 Amendment............................................................108
Section 11.02 Recordation of Agreement; Counterparts...............................110
Section 11.03 Limitation on Rights of Certificateholders...........................111
iii
Section 11.04 Governing Law........................................................111
Section 11.05 Notices..............................................................112
Section 11.06 Required Notices to Rating Agency and Subservicer....................112
Section 11.07 Severability of Provisions...........................................113
Section 11.08 Supplemental Provisions for Resecuritization.........................113
Section 11.09 Allocation of Voting Rights..........................................113
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
iv
This is the Standard Terms of Pooling and Servicing Agreement, dated as
of February 1, 2004 (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 FUNDING MORTGAGE SECURITIES I,
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 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
1
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 or (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 Relief Act,
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.
2
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.
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
3
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 (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 Section 3.16(e) is less than
Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with
Principal Prepayments in Full received during the related Prepayment Period 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
4
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.
Capitalization Reimbursement Amount: As to any Distribution Date, the
amount of Advances or Servicing Advances that were added to the Stated Principal
Balance of the related Mortgage Loans 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: As to any Distribution
Date, the amount, if any, by which the amount of Advances or Servicing Advances
that were added to the Stated Principal Balance of the Mortgage Loans during the
preceding calendar month exceeds the amount of principal payments on the
Mortgage Loans included in the Available Distribution Amount 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
5
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 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 evidenced 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.
6
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 and any Distribution Date, the
excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount
described in Section 4.02(b)(i)(C)(2).
Class A-P Principal Distribution Amount: As defined in Section 4.02.
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.
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 paragraph.
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.
7
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.
8
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.
9
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
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.
10
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 JPMorgan Chase Bank, 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 lower of the
then-current rating or the rating assigned to such Certificates as of the
Closing Date by such Rating Agency).
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 Section
4.02(b)(i)(E). With respect to any Mortgage Pool that is comprised of two or
more Loan Groups, the Excess Subordinate Principal Amount will be allocated
between
11
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.
FASIT: A "financial asset securitization investment trust" within the
meaning of Section 860L of the Code.
12
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, Inc. or its successor in interest.
Form 10-K Certification: As defined in Section 4.03(e).
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.
Fraud Losses: 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
13
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.
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.
14
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 Certificate Principal Balance greater than zero, with 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 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
15
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.
16
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.
17
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 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 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 (or, if the only Rating Agency is Standard
& Poor's, in the case of the principal depository institution in a
depository institution holding company, debt obligations of the
depository institution holding 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 only Rating Agency
is Standard & Poor's and if the depository or trust company is a
principal subsidiary of a bank holding company and the debt obligations
of such subsidiary are not separately rated, the applicable rating shall
be that of the bank holding company; 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 the Rating Agency;
18
(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) a money market fund or a qualified investment fund rated by
each Rating Agency in its highest long-term rating available; 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
below the lower of the then-current rating or the rating assigned to
such Certificates as of the Closing Date 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 references herein to the highest rating available on
unsecured commercial paper and short-term debt obligations shall mean A-1 in the
case of Standard & Poor's, P-1 in the case of Moody's and either A-1 by Standard
& Poor's, P-1 by Moody's or F-1 by Fitch in the case of Fitch.
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, instruments,
documents, 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.
19
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
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
20
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 mortgage loan purchase and conduit servicing program and
all supplements and amendments thereto published by Residential Funding from
time to time.
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
21
(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
22
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.
Relief Act: The Servicemembers Civil Relief Act or similar legislation or
regulations as in effect from time to time.
Relief Act Shortfalls: Shortfalls in interest payable by a Mortgagor that
are not collectible from the Mortgagor pursuant to the Relief Act.
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.
23
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
24
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.
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;
25
(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 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 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 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 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, 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%.
26
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 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, 3.12(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 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).
27
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, 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, at any given time, (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 is 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
prior to the most recent 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.
28
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.
Surety: Ambac, or its successors in interest, or such other surety as
may be identified in the Series Supplement.
29
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.
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 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 (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 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,
(v) the Initial Monthly Payment Fund, and
30
(vi) all proceeds of clauses (i) through (v) above.
Underwriter: As defined in the Series Supplement.
Uniform Single Attestation Program for Mortgage Bankers: The Uniform
Single Attestation Program for Mortgage Bankers, as published by the Mortgage
Bankers Association of America and effective with respect to fiscal periods
ending on or after December 15, 1995.
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: A citizen or resident of the United States, a
corporation, partnership or other entity created or organized in, or under the
laws of, the United States, 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 unless all persons that own an
interest in such partnership either directly or through any entity that is not a
corporation for United States federal income tax purposes are required by the
applicable operating agreement to be United States Persons, any state thereof,
or the District of Columbia (except in the case of a partnership, to the extent
provided in Treasury regulations) or any political subdivision thereof, or an
estate that is described in Section 7701(a)(30)(D) of the Code, or a trust that
is described in Section 7701(a)(30)(E) of the Code.
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 definition 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 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
31
Supplement), if any. The Company, the Master Servicer and the Trustee agree that
it is not intended that any mortgage loan be included in the Trust that is
either (i) a "High-Cost Home Loan" as defined in the New Jersey Home Ownership
Act effective November 27, 2003 or (ii) a "High-Cost Home Loan" as defined in
the New Mexico Home Loan Protection Act effective January 1, 2004.
(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
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
32
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
33
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.
(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.
34
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. However, if the Mortgage Loans and any Uncertificated REMIC Regular
Interests are held to be property of the Company or of Residential Funding, or
if for any reason this Agreement is held or deemed to create a security interest
in the Mortgage Loans and any Uncertificated REMIC Regular Interests, then it is
intended that (a) this Agreement shall be 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
35
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
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 location of the place of business or the chief executive office 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
36
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 all money, securities, security
entitlements, accounts, general intangibles, instruments, documents,
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) all security interests in and lien of the Company as owner of
such Mortgage Loan in the Pledged Amounts and all money, securities, security
entitlements, accounts, general intangibles, instruments, documents,
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
is credited to the Custodial Account, (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)(i) and Section 2.01(b)(II)(i), (iii), (v), (vi) and (viii) above
(except that for purposes of such acknowledgment 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
37
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 the related Subservicer or Seller of such
omission or defect and request that such Subservicer or Seller 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 such Subservicer or Seller does not
correct or cure such omission or defect within such period, that such
Subservicer or Seller purchase such Mortgage Loan from the Trust Fund at its
Purchase Price, in either case 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, whether purchased by the Seller or the Subservicer, shall be
deposited or caused to 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 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 Seller or its
designee or the Subservicer or its designee, as the case may be, any Mortgage
Loan released pursuant hereto and thereafter such Mortgage Loan shall not be
part of the Trust Fund. In furtherance of the foregoing, if the Subservicer or
Seller that repurchases the Mortgage Loan is not a member of MERS and the
Mortgage is registered on the MERS(R) System, the Master Servicer, at its own
expense and without any right of reimbursement, shall cause MERS to execute and
deliver an assignment of the Mortgage in recordable form to transfer the
Mortgage from MERS to such Subservicer or Seller and shall cause such Mortgage
to be removed from registration on the MERS(R) System in accordance with MERS'
rules and regulations. It is understood and agreed that the obligation of the
Seller or the Subservicer, as the case may be, to so cure or purchase any
Mortgage
38
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;
39
(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 Sellers.
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 and
each Seller's Agreement (to the extent assigned to the Company pursuant to the
Assignment Agreement) applicable to a Mortgage Loan. Insofar as the Assignment
Agreement or the Company's rights under such Seller's Agreement relate to the
representations and
40
warranties made by Residential Funding or the related Seller 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 a Seller's
Agreement that have been assigned to the Trustee pursuant to this Section 2.04
or 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 the related Seller or Residential Funding, as the
case may be, of such breach and request that such Seller or Residential Funding,
as the case may be, 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 in the case of a breach under
the Assignment Agreement 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 the breach of representation and warranty that gave rise to
the obligation to repurchase or substitute a Mortgage Loan pursuant to Section 4
of the Assignment Agreement was the representation and warranty set forth in
clause (xxxi) of Section 4 thereof, 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 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
41
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, the related Seller shall be
deemed to have made the representations and warranties with respect to the
Qualified Substitute Mortgage Loan contained in the related Seller's Agreement
as of the date of substitution, insofar as Residential Funding's rights in
respect of such representations and warranties are assigned to the Company
pursuant to the 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 the Seller or
Residential Funding, as the case may be, to cure such breach or purchase (or in
the case of Residential Funding to substitute for) such 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 representation and warranty in clause (xxxi) of Section 4 thereof 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 Seller's Agreement and the
Assignment Agreement applicable to such Mortgage Loan.
Section 2.05 Execution and Authentication of Certificates/Issuance
of Certificates Evidencing Interests in REMIC I.
As provided in Section 2.05 of the Series Supplement.
42
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
43
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 is 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
44
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 to this
Agreement 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 such obligation has
been assigned to the Trustee hereunder, to the extent that the non-performance
of any such Seller's
45
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
46
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
47
contrary, the Master Servicer or any Subservicer 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
48
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 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
49
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
50
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.
51
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;
52
(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
53
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
54
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
55
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
56
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
57
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
58
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
59
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
60
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.
61
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
62
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 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
63
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 each Distribution Date, 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 such 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.
The Master Servicer will deliver to the Company, the Trustee and any
Certificate Insurer on or before the earlier of (a) March 31 of each year,
beginning with the first March 31 that occurs at least six months after the
Cut-off Date 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, an Officers'
Certificate stating, as to each signer thereof, that (i) a review of the
activities of the Master Servicer during the preceding calendar year related to
its servicing of mortgage loans and its performance under pooling and servicing
agreements, including this Agreement, has been made under such officers'
supervision, (ii) to the best of such officers' knowledge, based on such review,
the Master Servicer has complied in all material respects with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers and has fulfilled all of its material obligations relating to
this Agreement in all material respects throughout such year, or, if there has
been material noncompliance with such servicing standards or a default in the
fulfillment in all material respects of any such obligation relating to this
Agreement, such statement shall include a description of such noncompliance or
specify each such default, as the case may be, known to such officer and the
nature and status thereof and (iii) to the best of such officers' knowledge,
each Subservicer has complied in all material respects with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers and has fulfilled all of its material obligations under its
Subservicing Agreement in all material respects throughout such year, or, if
there has been material noncompliance with such servicing standards or a
material default in the fulfillment of such obligations relating to this
Agreement, such statement shall include a description of such noncompliance or
specify each such default, as the case may be, known to such officer and the
nature and status thereof.
64
Section 3.19 Annual Independent Public Accountants' Servicing Report.
-------------------------------------------------------
On or before the earlier of (a) March 31 of each year, beginning with
the first March 31 that occurs at least six months after the Cut-off Date 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, 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 stating its opinion that, on the basis of an
examination conducted by such firm substantially in accordance with standards
established by the American Institute of Certified Public Accountants, the
assertions made pursuant to Section 3.18 regarding compliance with the minimum
servicing standards set forth in the Uniform Single Attestation Program for
Mortgage Bankers during the preceding calendar year are fairly stated in all
material respects, subject to such exceptions and other qualifications that, in
the opinion of such firm, such accounting standards require it to report. 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
65
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
66
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 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).
(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 Depositor nor the Trustee shall have any duty or
liability with respect to the calculation of any Reimbursement Amount, nor shall
the Depositor or the Trustee have any responsibility to track or monitor the
administration of the Advance Facility and the Depositor shall not have any
responsibility to track, monitor or verify the payment of Reimbursement Amounts
to the related Advancing Person or Advance Facility Trustee. 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, certificates, and other
documents provided by the Master Servicer and reasonably satisfactory to the
Trustee 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, and such other
documents in connection with such Advance Facility as may be reasonably
requested from time to time by any Advancing Person or Advance Facility Trustee
and reasonably satisfactory to the Trustee.
67
(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
68
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 Depositor 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, and an opinion of counsel as required by Section 11.01(c)
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
Depositor, 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.
69
(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.
70
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.
Such exhibit shall set forth the Trustee's internet website address together
with a phone number. The Trustee shall mail to each Holder that requests a paper
copy by telephone a paper copy via first class mail. The Trustee may modify the
distribution procedures set forth in this Section provided that such procedures
are no less convenient for the Certificateholders. 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 each Person who at any time during the
calendar year was the Holder of a Certificate, other than a Class R Certificate,
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. 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 each Person who at any time during the
calendar year was the Holder of a Class R Certificate, 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. 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.
71
(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 Trustee will make the reports referred to in Section 4.03(a)
(and, at its option, any additional files containing the same information in an
alternative format) available each month to Certificateholders, any Certificate
Insurer and other parties to the Agreement via the Trustee's website, which can
be obtained by calling (000) 000-0000. Persons that are unable to use the above
website are entitled to have a paper copy mailed to them via first class mail by
calling the Trustee at (000) 000-0000. The Trustee shall have the right to
change the way the reports referred to in Section 4.03(a) are distributed in
order to make such distribution more convenient and/or more accessible to the
above parties, to the Certificateholders and to any Certificate Insurer. The
Trustee shall provide timely and adequate notification to all the parties
mentioned above and to the Certificateholders regarding any such change.
(f) 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. 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 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 this Agreement.
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. Any Form 10-K filed with the Commission in
connection with this clause (f) shall include 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
Rule 13a-14 and 15d-14 under the Exchange Act and any additional directives of
the Commission. 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.
72
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 Certificate
Insurer, any Paying Agent and the Company (the information in such statement to
be made available to 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 Relief Act, 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.
73
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.
---------------------------------------------
As to any Mortgage Loan which 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. 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, 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.
74
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
75
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 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, with the consent of a majority of the Certificateholders, advises
the Trustee in writing that it elects to terminate the book-entry system 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 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 Trustee 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 Trustee of
instruction from the Depository directing the Trustee to effect such exchange
(such instructions to
76
contain information regarding the Class of Certificates and the Certificate
Balance being exchanged, the Depository Participant account to be debited with
the decrease, the registered holder of and delivery instructions for the
Definitive Certificates and any other information reasonably required by the
Trustee), (i) the Trustee shall instruct the Depository to reduce the related
Depository Participant's account by the aggregate Certificate Principal Balance
of the Definitive Certificates, (ii) the Trustee shall execute, 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 authenticate a new Book-Entry Certificate reflecting the reduction
in the aggregate Certificate Principal Balance of such Class of Certificates by
the amount of the Definitive Certificates.
None of the Company, the Master Servicer or the Trustee shall be liable
for any actions taken by the Depository or its nominee, including, without
limitation, any delay in delivery of any instruction required under this section
and may conclusively rely on, and shall be protected in relying on, such
instructions. Upon the issuance of Definitive Certificates all references herein
to obligations imposed upon or to be performed by the Depository in connection
with the issuance of the Definitive Certificates pursuant to this Section 5.01
shall be deemed to be imposed upon and performed by the Trustee, and the Trustee
and the Master Servicer shall recognize the Holders of the Definitive
Certificates as Certificateholders hereunder.
(c) 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 hereto 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 Class A-V 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.
77
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;
78
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
79
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, 59 Fed. Reg.
14674 (March 29, 1994), as amended by PTE 97-34, 62 Fed. Reg.
39021 (July 21, 1997), PTE 2000-58, 65 Fed. Reg. 67765 (November
13, 2000), and 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) 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, each Underwriter 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
80
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 will 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
81
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, will 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
82
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, 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
83
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 will 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 paid 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.
84
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 will each keep in full effect
its existence, rights and franchises as a corporation under the laws of the
state of its incorporation, and will 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, 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
85
rating of the Classes of Certificates 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.
86
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 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 either
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,
87
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.
88
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
89
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.
90
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
91
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:
92
(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
93
(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
94
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 its 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 and the
Master Servicer further agrees to indemnify the Trustee for, and to hold the
Trustee harmless against, any loss, liability or expense arising out of, or in
connection with, the provisions set forth in Section 2.01(a) hereof, 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 such 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
95
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) 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.
96
(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
97
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
98
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 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
00
xxxxxxxxxx xx xxx Xxxxxx Xxxxxx 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 Section 4 of the
Assignment Agreement in respect of any liability, penalty or
expense that resulted from a breach of the representation and
warranty set forth in clause (xxxi) of such Section 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, 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 60 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 to the Certificateholders mailed 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:
100
(i) 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,
(ii) 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
(iii) that the Record Date otherwise applicable to such
Distribution Date is not applicable, or 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.
(c) 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). Nothwithstanding
the reduction of the Certificate Principal Balance of any Class of Subordinate
101
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.
(d) 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.
(e) 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
102
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 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.
103
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
104
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
105
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.
106
(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 any
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.
107
(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.
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
108
rating or the rating assigned to such Certificates as of the
Closing Date, 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, 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 is permitted hereunder
and will not
109
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 K, 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.
110
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
111
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,
112
(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, FASIT 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, FASIT 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
113
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.
114
